CORPORATE PROFILE

Guangzhou Rural Commercial Bank (GRCB) began operations as Guangzhou Rural Credit Cooperativein 1952and was transformed into a rural commercial bank in December 2009. In June 2017,GRCB was listed in Hong Kong with a registered capital of RMB 9.808 billion. GRCB’s network covers: 602 ATM locations, making GRCB rank1stin Guangzhou in terms of number; 6 branches in Nansha Free Trade Zone, Foshan, Qingyuan, Heyuan, Zhaoqing and Zhuhai Hengqin New Area of Guangdong Province; and 25 rural banks of "Pearl River tribe"initiated by GRCB that are located in 9 provinces (cities), i.e.Beijing, Liaoning, Shandong, Henan, Sichuan, Jiangsu, Hunan, Jiangxi andGuangdong; as well as the Pearl River Financial Leasing Company established and wholly-owned by GRCB, which was the first financial leasing company in Guangdong Provinceapproved by the China Banking Regulatory Commission. In addition, GRCB has strategically investedin Zhuzhou Pearl River Rural Commercial Bank, Chaozhou Rural Commercial Bank, Guangdong Nanxiong Rural Commercial Bank, Shaoguan Rural Commercial Bank, and obtained the credit card franchise license, becoming one of the first rural commercial banks to carry out cross-region/industry operations in China.

GRCB ranks in the forefront of China's rural commercial banks in terms of comprehensive strength, and is ahead of its peers in terms of business scale, profitability, and asset quality. At the end of June 2021, GRCB's total assets are RMB 1,091.3 billion, of which the deposit and loan balances are RMB 829.9 billion and RMB 636.8 billion, respectively. With net profit of RMB 3.66  billion in the first half of 2021, GRCB ranks 4th among the rural commercial banks in China and 1st in Guangdong Province. GRCB has always been adhering to its position of "innovative bank". With solid operating performances in recent years, GRCB’s comprehensive strength and influence have continued to expand. Specifically, GRCB has been ranked among the Top 1000 World Banks released by The Banker of UK for 11 consecutive years, and ranks 159th in 2020, becoming the first regional bank in Guangdong Province to be listed among the top 200 global banks. In addition, GRCB ranks 905th on the ForbesGlobal2000List, 383rd on the 2020FortuneChina500list, 29th on the 2020 China’s Top 100 Banks, and 166th on the Top 500 Enterprises of Chinese Service Industries. In addition, GRCB has been recognized as the "BenchmarkRuralCommercialBankin China" by the China Banking and Insurance Regulatory Commission and the "Best Rural Commercial Bank in 2020" by Sina Finance for consecutive years.

Based on the needs of the local market and customers, GRCB has set up an omni-channel and all-weather service network covering mobile banking, SMS, WeChat, Internet, and telephone banking, and built an Internet platform covering direct banking and electronic shopping malls, as well as established a product system with the “Investment Bank + Transaction Bank", "Full Series" Credit Cards and "JinmiSmart Pay" as the core, so as to provide customers with one-stop, three-dimensional and comprehensive financial services characterized by full line, whole cycle and omni-channel. In order to repay the society, GRCB createda public welfare foundation with the largest registered capital in Guangzhou, and initiated thepublic welfare projects of 3 brands, i.e. "Silent Love", "Under the Banyan Tree", and "Special Trip to Old Revolutionary Districts" for poverty alleviation-Guangzhou Rural Commercial Bank Jinmi Public Welfare Foundation, focusing on solving local social problems and actively repaying the society.