Bank of Suzhou major shareholder increases stake, investment reaches RMB 298m

Suzhou International Development Group (SIDG), the major shareholder of Bank of Suzhou, along with its acting-in-concert party Dongwu Securities, has updated its shareholding increase plan. As of September 30, 2025, the entities cumulatively purchased 36,262,037 shares of Bank of Suzhou through the Shenzhen Stock Exchange, representing 0.8111% of the bank's total share capital. The total investment for this increment reached RMB 297,985,125.

Prior to the current share increase plan, SIDG held 14.9161% and Dongwu Securities held 0.0839%, totaling 15.0000% of Bank of Suzhou’s shares. Following the recent acquisitions, SIDG's direct holdings increased to 15.2017%, and Dongwu Securities' holdings rose to 0.6095%, bringing their combined ownership to 15.8111%. The entities are committed to continuing their share purchases in line with the initial plan, which aims for a total investment of not less than RMB 400 million over six months from July 1, 2025.

The share increase plan, funded by the entities’ own capital, reflects their confidence in Bank of Suzhou’s future development and long-term investment value.