Bank of Suzhou's major shareholder completes share increase plan

Suzhou International Development Group Co., Ltd., a major shareholder of Bank of Suzhou (SZSE:002966), has completed its previously announced plan to increase its holdings in the bank. Between January 14, 2025, and June 26, 2025, Suzhou International Development Group increased its holdings by 11,772,4636 shares through the Shenzhen Stock Exchange via centralized bidding transactions and convertible bond conversions. This represents 2.6333% of Bank of Suzhou's latest total share capital, involving a total investment of CNY 85,628.5100. The announcement specified that prior to the transaction, Suzhou International Development Group held 537,018,488 shares, or 14.0000% of the bank's shares. After the increase, Suzhou International Development Group directly holds 65,474.3124 million shares, accounting for 14.6453% of the bank's latest total share capital. Additionally, East Wu Securities holds 3.75 million shares, representing 0.0839% of the total shares.