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Wuxi Rural Commercial Bank announces interim dividend, dissolves board of supervisors

October 27, 2025 at 12:11 PM UTCBy FilingReader AI

Wuxi Rural Commercial Bank announced an interim cash dividend of RMB 0.11 per share (tax inclusive) for 2025. This distribution, totaling RMB 241,414,986.45, represents 17.50% of the bank's half-year net profit and was approved by the board of directors on October 24, 2025.

The bank also received regulatory approval for revisions to its Articles of Association, which are now effective. Concurrently, the board of supervisors and its members have been abolished, and the Rules of Procedure for the Board of Supervisors have been repealed. The bank will hold an online investor briefing on November 28, 2025, to discuss its third-quarter results and the profit distribution.

For the third quarter of 2025, Wuxi Rural Commercial Bank reported a net profit attributable to shareholders of RMB 453,401 thousand, bringing the year-to-date net profit to RMB 1,832,667 thousand. The bank's total assets grew by 8.03% to RMB 277,410,695 thousand as of September 30, 2025, compared to the end of 2024.

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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