Bank of Suzhou shareholders approve governance changes and bond issuance plan

Bank of Suzhou Co., Ltd. held its second extraordinary general meeting of shareholders for 2025 on November 17, 2025. The meeting, which combined on-site and online voting, saw 370 shareholders and their proxies representing 1,758,018,055 shares, or 40.1791% of the total voting shares, participate. Key resolutions included revisions to the company's articles of association, shareholder meeting rules, and board of directors meeting rules, all passed by special resolution.

Shareholders also approved the adjustment of the registered capital and the proposal to discontinue the establishment of a supervisory board, both by special resolution. Additionally, the meeting passed a special resolution regarding the bank's 2026 financial bond issuance plan. The only ordinary resolution, concerning revisions to the related party transaction management measures, was also approved.

The meeting confirmed the company's compliance with relevant laws and regulations, with all special resolutions passing with over two-thirds of the voting shares represented. A total of 1,710,795,776 shares voted in favor of amending the articles of association, representing 97.3139% of votes cast on that resolution.