Suzhou Bank's major shareholders boost holdings by 1% to 16%

Suzhou Bank announced on December 8, 2025, that its major shareholders, Suzhou International Development Group Co., Ltd. (Guofa Group) and its concert party, Soochow Securities Co., Ltd., collectively increased their holdings in the bank. Between July 1, 2025, and December 5, 2025, the entities acquired 44,706,654 shares through centralized bidding on the Shenzhen Stock Exchange, representing 1.00% of the bank's total share capital.

Following this increase, Guofa Group and Soochow Securities now collectively hold 715,305,978 shares, amounting to 16.00% of Suzhou Bank's total share capital. This transaction marks a 1% integer multiple change in their ownership, necessitating public disclosure. Prior to this, their combined stake was 15.00%.

The major shareholders' actions are part of a previously announced plan to increase their stake by no less than 400 million yuan, reflecting confidence in the bank's future prospects. The shareholding increase, funded by their own capital, does not affect Suzhou Bank's listing status or control structure. The acquisition plan remains ongoing.