Guangzhou Rural Commercial Bank Co., Ltd. (A Joint Stock Company Incorporated in the People's Republic of China with Limited Liability)

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Guangzhou Rural Commercial Bank Co., Ltd. (A Joint Stock Company Incorporated in the People's Republic of China with Limited Liability) Guangzhou Rural Commercial Bank Co., Ltd. (A joint stock company incorporated in the People's Republic of China with limited liability) Stock Code : 1551 CONTENTS Company Profile 2 Summary of Financial Data 7 President’s Statement 10 Management Discussion and Analysis 11 Changes in Share Capital and Shareholders 52 Directors, Supervisors and Senior Management 62 Corporate Governance Report 72 Report of the Board of Directors 94 Report of the Board of Supervisors 105 Major Events 110 Report on Sannong Financial Services 112 Independent Auditor’s Report 126 Financial Statements and Accompanying Notes 134 Unaudited Supplementary Financial Information 291 Definitions 295 COMPANY PROFILE I. COMPANY PROFILE (I) Official Name 1. Official Chinese Name: 廣州農村商業銀行股份有限公司 (Abbreviated as “廣州農村商業銀行”) 2. Official English Name: Guangzhou Rural Commercial Bank Co., Ltd. (Abbreviated as “GRCB”) (II) Registered Capital: RMB9,808,268,539.00 (III) Legal Representative: Mr. Wang Jikang (IV) Authorized Representatives: Mr. Yi Xuefei and Mr. Ngai Wai Fung (V) Joint Company Secretaries: Ms. Zheng Ying and Mr. Ngai Wai Fung (VI) H-Share Listing Stock Exchange: The Stock Exchange of Hong Kong Limited (VII) Stock Name and Code: GRCB (1551.HK) (VIII) Offshore Preference Share Name and Code: GRCB 19USDPREF (4618.HK) (IX) Registered Address: No. 9 Yingri Road, Huangpu District, Guangzhou, PRC (X) Principal Place of Business in Hong Kong: 40th Floor, Sunlight Tower, No. 248 Queen’s Road East, Wanchai, Hong Kong (XI) Scope of Business: Monetary and financial services (XII) Contact Address: No. 1 Huaxia Road, Pearl River New Town, Tianhe District, Guangzhou, Guangdong Province, PRC Postal Code: 510623 Website: www.grcbank.com (XIII) Place of Inspection of the Annual Report: Office of the Board of Directors of the Bank (XIV) Auditor: PricewaterhouseCoopers (XV) Legal Advisor as to PRC Law: Guangdong Qiyuan Law Office (XVI) Legal Advisor as to Hong Kong Law: King & Wood Mallesons (XVII) H-Share Registrar: Computershare Hong Kong Investor Services Limited (XVIII) Non-overseas Listed Shares Depository: China Securities Depository and Clearing Corporation Limited (XIX) Other Relevant Information of the Company Date of Registration: 9 December 2009 Registration Authority: Guangzhou Administration for Industry and Commerce Unified Social Credit Code: 914401017083429628 Financial License Registration No.: B1048H244010001 Customer Service and Complaint Telephone No.: +8695313 Investor Relations Telephone No.: +86(020)28019324 Email Address: [email protected] 2 GUANGZHOU RURAL COMMERCIAL BANK Company PROFILE II. BRANCHES AND SUBSIDIARIES (I) Branches The following table sets forth the basic information of the branches of the Bank: Contact Postal telephone Facsimile No. Name of branch Business address code number number Remarks 1 Baiyun Sub-branch 1/F to 3/F, No. 466–472 Huangshi West Road, Baiyun District, 510425 020-86295397 NA – Guangzhou 2 Conghua Sub-branch 1/F and 2/F, No. 98 Hebin North Road, Chengjiao Subdistrict, 510900 020-87999606 NA – Conghua District, Guangzhou 3 Panyu Sub-branch No. 239 Qinghe East Road, Shiqiao Subdistrict, Panyu District, 511400 020-34619802 NA – Guangzhou 4 Haizhu Sub-branch 2/F, No. 173-1 Changgang Middle Road, Haizhu District, Guangzhou 510250 020-84278835 NA – 5 Huadu Sub-branch South Tower, No. 21 Gongyi Road, Xinhua Subdistrict, Huadu District, 510800 020-36911004 020-36911006 – Guangzhou 6 Huanan Xincheng Sub- East Side of Tangxi, Village Entrance, Yingbin Road South, Tangbuxi 511442 020-34693625 NA – branch Village, Nancun Town, Panyu District, Guangzhou 7 Huangpu Sub-branch No. 138 Fengle North Road, Huangpu District, Guangzhou 510700 020-32204220 NA – 8 Liwan Sub-branch No. 89 Huadi Avenue Central, Liwan District, Guangzhou 510380 020-81617655 NA – 9 Airport Economic Zone Renhe Village, Renhe Town, Baiyun District, Guangzhou 510470 020-86451956 NA – Sub-branch 10 Tianhe Sub-branch 1/F to 2/F, No. 335 Longkou West Road, Tianhe District, Guangzhou 510635 020-38477288 020-38478080 – 11 Zengcheng Sub-branch No. 88-15, 16, 17, 18, 19, 20, 21 and 22 Fuyou Road, Licheng 511300 020-32162530 NA – Subdistrict, Zengcheng District, Guangzhou, and Rooms 201, 202, 210 and 211, No. 55 Zuanshi Street, Hehui Square, Licheng Subdistrict, Zengcheng District, Guangzhou 12 Nansha Sub-branch 2/F, No. 2 Jixiang Road, Dongchong Town, Panyu District, Guangzhou 511453 020-34929060 NA – 13 Free Trade Zone Nansha No. 56 Xinxing Road, Wanqingsha Town, Nansha District, Guangzhou 511462 020-34929298 NA Branch Branch 14 Foshan Branch Rooms 103 and 104 on 1/F and Room 202 on 2/F of Tower 1, Rooms 528000 0757-82581028 0757-82581059 Branch outside 1603 to 1605 on 16/F and Rooms 1701 to 1708 on 17/F of Block 2, Guangzhou Tower 1, No. 26 Jihua First Road, Chancheng District, Foshan 15 Qingyuan Branch Shops on 1/F to 3/F, Block 1, Oriental Paris, No. 5 Fengxiang Avenue, 511500 0763-3910555 NA Branch outside Qingcheng District, Qingyuan, Guangdong Province Guangzhou 16 Zhaoqing Branch Shop 01 on 1/F and Shops 01-07 on 2/F, Cultural Innovation Building, 526040 0758-2812835 0758-2812835 Branch outside No. 5 Yuelong North Road, Duanzhou District, Zhaoqing, Guangdong Guangzhou Province 17 Heyuan Branch Rooms 1601-1602 and Rooms 101-102 on 1/F, Changhong Building 517000 0762-8808225 NA Branch outside (Changhong Financial Center), H Road West, Yanjiang Road North, Guangzhou Xueqianbaxiaoqu, Xinshi District, Heyuan, Guangdong Province 18 Guangdong Pilot Free B6 to B10 Penguin Hotel Commercial Street, Chimelong International 519031 0756-2993600 NA Branch outside Trade Zone Hengqin Ocean Tourist Resort, Fuxiang Bay, Hengqin New District, Zhuhai, Guangzhou Branch Guangdong Province ANNUAL REPORT 2019 3 COMPANY PROFILE (II) Subsidiaries The following table sets forth the basic information of the subsidiaries of the Bank: Contact Postal telephone No. Company name Registered address code number 1 Beijing Mentougou Zhujiang No. 8 Shilong South Road, Yongding Town, Mentougou District, 102300 010-60865137 County Bank Co., Ltd. Beijing 2 Dalian Bonded Area Zhujiang Zone 2 on 8/F, Block E, International Trade Center, No. 205 116600 0411-66771959 County Bank Co., Ltd. Huanghaixi Fourth Road, Dalian Bonded Area, Liaoning Province 3 Laiwu Zhujiang County Bank Yanjie Building, No. 19 Daihuayuan, Longtan East Street, Laicheng 271100 0634-5662720 Co., Ltd. District, Laiwu, Shandong Province 4 Yantai Fushan Zhujiang County No. 133-216 Fuhai Road, Fushan District, Yantai, Shandong 265500 0535-6319002 Bank Co., Ltd. Province 5 Laizhou Zhujiang County Bank No. 672 Wenhua East Street, Laizhou, Shandong Province 261400 0535-2750000 Co., Ltd. 6 Qingdao Chengyang Zhujiang No. 160-12 Zhengyang Middle Road, Chengyang District, Qingdao, 266109 0532-67762806 County Bank Co., Ltd. Shandong Province 7 Haiyang Zhujiang County Bank No. 181 Haiyang Road, Haiyang, Shandong Province 265100 0535-3107730 Co., Ltd. 8 Zhengzhou Zhujiang County Bank No. 101-1, 1/F, No. 501-2, 5/F, No. 501-3, 5/F, Expo Building, No.8 450000 0371-89959016 Co., Ltd. Business Outer Ring Road, Zhengzhou Area (Zhengdong), Free Trade Zone, Henan Province 9 Xinyang Zhujiang County Bank Intersection of Xinqi Avenue and Xinba Street, Yangshan New 464000 0376-6199166 Co., Ltd. District, Pingqiao District, Xinyang, Henan Province 10 Anyang Zhujiang County Bank Northwest Corner of the intersection of Xingtai Road and Jian’an 455000 0372-2223000 Co., Ltd. Street, Anyang, Henan Province 11 Huixian Zhujiang County Bank No. 838 East Section of Gongcheng Avenue, Huixian, Xinxiang, 453600 0373-6223005 Co., Ltd. Henan Province 12 Jiangsu Xuyi Zhujiang County Bank 5-1001, Wuzhou International Plaza Phase II, Donghu South Road, 211700 0517-88558207 Co., Ltd. Xuyi County, Huaian, Jiangsu Province 13 Jiangsu Qidong Zhujiang County No. 605, 609 and 613 Jianghai Middle Road, Huilong Town, 226200 0513-83904316 Bank Co., Ltd. Qidong, Jiangsu Province 14 Suzhou Wuzhong Zhujiang County No. 51 Jinshan Road, Mudu Town, Wuzhong District, Suzhou, 215101 0512-80969696 Bank Co., Ltd. Jiangsu Province 15 Changning Zhujiang County Bank No. 101 and 102 Qunying West Road, Changning, Hunan Province 421500 0734-7330833 Co., Ltd. 4 GUANGZHOU RURAL COMMERCIAL BANK Company PROFILE Contact Postal telephone No. Company name Registered address code number 16 Jizhou Zhujiang County Bank Co., No. 33 Yangming West Road, Jizhou District, Ji’an, Jiangxi Province 343000 0796-2066666 Ltd. 17 Pengshan Zhujiang County Bank No. 223 Caishan East Road, Pengshan District, Meishan, Sichuan 620860 028-37666086 Co., Ltd. Province 18 Xinjin Zhujiang County Bank Co., No. 4–4, 1/F of No. 5 and New No. 6 Wujin West Road, Xinjin 611430 028-82580021 Ltd. County, Chengdu, Sichuan Province 19 Guanghan Zhujiang County Bank No. 188 Section 1 of Zhongshan Avenue South, Guanghan, 618300 0838-5513187 Co., Ltd. Sichuan Province 20 Sanshui Zhujiang County Bank Shops 103, 104 and 105 of 1/F and 2/F and 3/F, No. 9 Nanfeng 528100 0757-87791698 Co., Ltd. Avenue, Yundonghai Subdistrict, Sanshui District, Foshan, Guangdong Province 21 Zhongshan Dongfeng Zhujiang No. 63 Donghai Second Road, Dongfeng Town, Zhongshan, 528425 0760-22787010 County Bank Co., Ltd. Guangdong Province 22 Heshan Zhujiang County Bank Room 201 of No. 195, 187 and 185, and No. 189-193 (odd 529700 0750-8818081 Co., Ltd. numbers only), Zhongshan Road, Shaping Town, Heshan, Guangdong Province 23 Shenzhen Pingshan Zhujiang 32/F and 33/F of Building H and Shops 165-166, 1st Phase of 518118 0755-36669888 County Bank Co., Ltd. Liuhe Commercial Plaza, Pingshan Subdistrict, Pingshan District, Shenzhen, Guangdong Province 24 Dongguan Huangjiang Zhujiang No. 1 Yuanwuwei Road, Yuanwuwei Village, Huangjiang Town, 523756 0769-82183199 County Bank Co., Ltd. Dongguan, Guangdong Province 25 Xingning Zhujiang County Bank No. 2 Shuguang Road, Xingning, Meizhou, Guangdong Province 514500 0753-8682651 Co., Ltd. 26 Hunan Zhuzhou Zhujiang Rural No. 006 Xiangyang North Road, Lukou Town, Zhuzhou County, 412100 0731-27618647 Commercial Bank Co., Ltd. Hunan Province 27 Chaozhou Rural Commercial Bank No. 130 Fengchun Road, Chaozhou, Guangdong Province 521000 0768-2292072 Co., Ltd. 28 Guangdong Nanxiong Rural No.
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