Securities code: 002839 securities abbreviation: Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) Announcement No.: 2022-004 convertible bond Code: 128048 convertible bond abbreviation: Zhang bank convertible bond
Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839)
Announcement on the completion of investment in Taicang Rural Commercial Bank
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
On October 22, 2021, the seventh meeting of the seventh board of directors of Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) (hereinafter referred to as “the company”) deliberated and adopted the proposal on investment and participation in Taicang rural commercial bank, agreed to subscribe for the shares held by some corporate shareholders of Taicang rural commercial bank, and the total transfer price is proposed to be no more than 280 million yuan. Specifically, the management is authorized to handle relevant matters. See details disclosed in China Securities Journal, securities times and cninfo.com on October 26, 2021（ http://www.cn.info.co m. C n) relevant announcement disclosed on (2021-049).
Recently, the above equity transfer has been approved by the banking and insurance regulatory department. The company transferred 66.008 million shares held by some corporate shareholders of Taicang rural commercial bank through agreement transfer. Up to now, the share delivery of the above matters has been completed, and the company is now the main shareholder holding 6.05% of Taicang rural commercial bank. Taicang rural commercial bank was established on January 7, 2005 with a registered capital of 1.091 billion yuan. By the end of June 2021, the bank’s asset scale was 54.365 billion yuan, the balance of deposits was 41.959 billion yuan and the balance of loans was 32.532 billion yuan (the data is from the semi annual report of Taicang rural commercial bank in 2021 on its official website). The company has set up Suzhou Branch in Suzhou, and has three non local branches in Kunshan, Changshu and Wujiang. This investment in Taicang rural commercial bank with its own funds is conducive to improving the company’s business layout in Suzhou, better serving the “agriculture, rural areas and farmers” and county economy in the region, and further strengthening the support for serving small, medium-sized and micro enterprises and urban and rural residents, Promote the sustained and steady development of the company’s business.
It is hereby announced.
Board of directors of Jiangsu Zhangjiagang Rural Commercial Co., Ltd. February 10, 2022
