Bank of Harbin (06138) signed a debt transfer agreement with China Cinda Tianjin Branch

According to Zhitong Finance App, Bank of Harbin (06138) issued an announcement. In order to optimize the company's asset structure, Bank of Harbin Co., Ltd. (as the transferor) signed a debt transfer agreement with China Cinda Asset Management Co., Ltd. Tianjin Branch (as the transferee) on December 29, 2025. Based on this, the company agreed to transfer the underlying claims to the Tianjin Branch of China Cinda Asset Management Co., Ltd. According to the debt transfer agreement, the agreed transfer price for the transferee's underlying claim was approximately RMB 342 million, and the initial transfer price was approximately RMB 234 million.

The subject matter of the transfer is the company's subject-matter claim contained in the debt transfer agreement, including the principal claim under the underlying claim as of the reference date (i.e. October 31, 2025), all other rights under its subordinate rights and related asset documents (including but not limited to the right to recover litigation costs), and debt-ridden assets and other related rights converted from such rights. As of this reference date, the total book balance of principal and interest of the underlying claim and other ancillary rights (surrogate litigation costs) was approximately RMB 574 million.

The underlying claims are the company's non-performing assets, and transferring the underlying claims helps to optimize the company's asset structure. The transfer of the underlying claim used public bidding to select the Tianjin Branch of China Cinda Asset Management Co., Ltd. as the buyer. After thorough consideration, the board of directors believes that entering into a debt transfer agreement is beneficial to the company and its shareholders as a whole.