Jiangsu Suzhou Rural Commercial Bank Co., Ltd sign the Equity Transfer Agreement of 8.33% stake in Jiangsu Jingjiang Runfeng Rural Bank Co., Ltd. from Asian Star Anchor Chain Co., Ltd. Jiangsu for CNY 19.58 million.

Jiangsu Suzhou Rural Commercial Bank Co., Ltd., formerly JIANGSU WUJIANG RURAL COMMERCIAL BANK CO., LTD, is a regional commercial bank engaged in the provision of banking and related financial services. The Bank mainly operates its businesses through personal banking business, corporate banking business, international business, interbank business and card issuing, among others. The Personal Banking business provides loan, deposit, investment and financing, as well as bank card business to individuals. The Corporate Banking business provides deposit and lending services, wealth management services, as well as cash management and settlement services to enterprises. The International business includes international trade settlement, international trade financing, as well as foreign currency savings and exchange. The Interbank business includes securities transactions, bond repurchase and others.