Jinshang Bank (02558) plans to transfer a series of non-performing assets worth 310 million yuan to accelerate risk resolution.

JINSHANG BANK (02558) announced that on August 27, 2025, the bank signed an asset transfer agreement with Jinyang Asset Management. According to the agreement, the bank agreed to transfer the relevant assets listed in the asset transfer agreement, and Jinyang Asset Management agreed to accept the relevant assets for a consideration of 310 million yuan. In accordance with the terms and conditions of the asset transfer agreement, the bank agreed to transfer and Jinyang Asset Management agreed to receive non-performing assets related to eight corporate clients of the bank, including principal, default interest, and interest generated before the reference date (March 5, 2025) totaling approximately 1.421 billion yuan. After paying the first installment of 93.10 million yuan (30% of the total consideration), Jinyang Asset Management obtained ownership rights to the relevant assets. The announcement stated that the proceeds from the transfer of the relevant assets will be used to offset the group's losses on such non-performing assets, reduce the group's non-performing loan amount, and promote the high-quality sustainable development of the group.