Jiangsu Suzhou Rural Commercial Bank announces director and vice president resignation

Jiangsu Suzhou Rural Commercial Bank announced today the resignation of Mr. Shen Zhichao from his positions as director and vice president, effective December 12, 2025. Mr. Shen also stepped down from his related roles within the board's specialized committees. The resignation stems from work adjustments, as stated in the announcement. Mr. Shen confirmed he has no disagreements with the board and no outstanding public commitments.

Mr. Shen's original term for both director and vice president roles was set to expire on December 27, 2026. The bank confirmed that his departure will not impact the board's ability to meet quorum requirements or the normal operations and management of the company. Mr. Shen has completed all necessary handover procedures as per the bank's regulations.

The board of directors expressed sincere gratitude to Mr. Shen for his dedicated service during his tenure, acknowledging his significant contributions to the bank's high-quality and sustainable development. This announcement was made by the Jiangsu Suzhou Rural Commercial Bank Board of Directors on December 13, 2025.