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Changshu Bank to suspend convertible bond conversions for interim dividend

August 27, 2025 at 05:13 AM UTCBy FilingReader AI

Jiangsu Changshu Rural Commercial Bank will temporarily suspend the conversion of its "Changyin convertible bonds" from September 1, 2025, until the equity distribution record date, resuming on the first trading day after. This suspension prepares for the bank's 2025 interim equity distribution, approved by the board of directors on August 7, 2025, following authorization from the second extraordinary general meeting on June 30, 2025.

The bank plans to distribute a cash dividend of 1.50 yuan (including tax) per 10 shares to all common shareholders registered on the equity distribution record date. Full details of the 2025 interim equity distribution and the adjusted conversion price for "Changyin convertible bonds" will be disclosed on September 2, 2025, via the Shanghai Stock Exchange website and major financial newspapers.

Convertible bondholders wishing to participate in this interim equity distribution must complete their conversion by August 29, 2025. The bank's board of directors office can be reached at 0512-51601128 for inquiries.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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