Suzhou Bank: lawsuit over 981m yuan dismissed

Suzhou Bank Co., Ltd. announced that a financial loan contract dispute case, in which it was a defendant, has been dismissed at the first instance. The Bank received two civil rulings from the Ordos City Intermediate People's Court in Inner Mongolia Autonomous Region on November 20, 2025. The ruling dismissed the lawsuit brought by Ordos Rural Commercial Bank Co., Ltd.

The lawsuit involved a significant amount, stated as 981,270,983.96 yuan, plus all associated litigation fees. This dismissal means the case has not entered the substantive review process, and the Bank is not currently facing this financial claim. The Bank stated that the outcome will not have a material adverse effect on its financial position and operating results.

The Bank is closely monitoring whether the opposing party will appeal this ruling within the statutory ten-day period. Suzhou Bank has committed to continuing to track the lawsuit's progress and will fulfill its information disclosure obligations as required. The impact of this lawsuit on the Bank's current or future profits remains uncertain, pending any appeals or further actions by the parties involved.