Yuhang Rural Commercial Bank will publicly auction 5% of its equity, with a starting price exceeding 830 million yuan.

Alibaba asset disposal platform information shows that Hangzhou Yuhang Jinkong Holding Co., Ltd. will conduct a public auction for 81.7526 million shares of Zhejiang Hangzhou Yuhang Rural Commercial Bank on the platform in mid-July, with a starting price of approximately 834.7 million yuan. The announcement mentioned that the bidder must be an enterprise in Yuhang District or Linping District. It is understood that Hangzhou Yuhang Jinkong Holding Co., Ltd. is a subsidiary of Yuhang State-owned Assets Group, holding 81.7526 million shares of Yuhang Rural Commercial Bank, accounting for 5% of the total shares of the bank. As of the end of last year, the asset size of Yuhang Rural Commercial Bank exceeded 250 billion yuan.