Sunong Bank reports strong Q3, plans investor briefing

Jiangsu Suzhou Rural Commercial Bank (Sunong Bank) reported a 5.96% increase in total assets to CNY 226,749,201 thousand by the end of Q3 2025, with net profit attributable to parent company shareholders rising 5.01% to CNY 1,708,446 thousand for the first nine months. The bank maintained a non-performing loan ratio of 0.90% and a provision coverage ratio of 355.85%. These figures highlight sustained operational strength and a healthy financial position, driven by strategies focused on inclusive finance and supporting the real economy.

The bank's board of directors approved the Q3 2025 report and discussed proposals including the issuance of technology innovation bonds and amendments to related-party transaction management and risk exposure policies, all pending shareholder approval. Additionally, Mr. Qiao Linjian was nominated as a non-executive director. These initiatives are aimed at enhancing capital adequacy and corporate governance.

To provide further insights into its Q3 performance and future outlook, Sunong Bank will host an online investor briefing on November 12, 2025, from 15:00 to 16:00. Investors can submit questions in advance via email. The bank emphasized its commitment to transparent communication and proactive engagement with the investment community.