Guangzhou Bank plans to increase capital and expand shares, with total assets exceeding 900 billion yuan

Recently, Guangzhou Bank’s official website released multiple project tender announcements regarding capital increase and share expansion. The notices indicate that to further supplement capital, Guangzhou Bank plans to carry out a capital increase and share expansion. According to operational needs, Guangzhou Bank and Guangzhou Financial Holdings Group Co., Ltd. (referred to as “Guangzhou Financial Holdings”) are procuring legal, asset valuation, financial advisory, accounting firm, and other services through competitive consultation.

According to Guangzhou Bank’s previous prospectus, this is the first capital increase and share expansion in nearly nine years. In 2017, Guangzhou Bank issued 3.474 billion ordinary shares at a price of 3.132 yuan per share, with all shares subscribed in cash by six institutions, including China Southern Power Grid. After this capital increase, Guangzhou Bank’s registered capital increased to 11.776 billion yuan and has remained at that level since.

Officially, Guangzhou Bank was established in September 1996, formed on the basis of 46 urban credit cooperatives, and is the largest legal city commercial bank in Guangdong Province. Financial data shows that by the end of the third quarter of 2025, the bank’s total assets reached 912.076 billion yuan, a year-on-year increase of 9.61%.

According to financial reports, by the end of 2024, the top ten shareholders of Guangzhou Bank are all state-owned enterprises or central enterprises. The top five shareholders are Guangzhou Financial Holdings, Guangzhou Guangyong State-owned Asset Management Co., Ltd., China Southern Power Grid Co., Ltd., China Southern Airlines Group Co., Ltd., and Guangzhou Industrial Control Capital Management Co., Ltd., holding 22.58%, 19.71%, 16.94%, 12.68%, and 7.58% of the shares, respectively.

Reported by: Nandu·Wancai Society Reporter Huang Shunwei