Changshu Rural Bank 'AAA' rating affirmed on convertible bonds

Jiangsu Changshu Rural Commercial Bank (SSE:601128) announced that China Credit Rating has affirmed the "AAA" rating for both the bank's issuer credit and its outstanding "Chang Yin Convertible Bonds" (SSE:113062). The rating outlook remains stable. According to the announcement, these bonds continue to qualify as collateral for repurchase agreements on the Shanghai Stock Exchange. The rating affirmation follows an assessment of the bank's operations and industry standing and is detailed in a report available on the Shanghai Stock Exchange website (www.sse.com.cn). The announcement was made on May 28, 2025.