On March 7, Shanghai Rural Commercial Bank Co.Ltd(601825) issued an announcement on the implementation progress of measures to stabilize the stock price. According to the announcement, recently, Shanghai Rural Commercial Bank Co.Ltd(601825) received a notification letter from the shareholders holding more than 5% of the bank’s shares before IPO, Shanghai state owned Assets Management Co., Ltd. (hereinafter referred to as “state owned assets management”), Shanghai Guosheng group assets Co., Ltd. (hereinafter referred to as “Guosheng assets”) and Zhejiang Huhang Ningbo Expressway Stock Co., Ltd. (hereinafter referred to as “Zhejiang Huhang Ningbo”) on the progress of the implementation of measures to stabilize the stock price.
The implementation progress of the specific shareholding increase plan is as follows: from November 6, 2021 to March 7, 2022, the state-owned assets management increased 2510000 shares of the bank in the form of centralized bidding with its own funds through the trading system of Shanghai Stock Exchange, accounting for 0.03% of the total share capital of the bank, and the cumulative shareholding increase amount was about 174626 million yuan.
From November 3, 2021 to March 7, 2022, Guosheng assets increased 957800 shares of the bank through centralized bidding through the trading system of Shanghai stock exchange with its own funds, accounting for 0.01% of the total share capital of the bank, and the cumulative increase was about 6.5898 million yuan.
From December 15, 2021 to March 7, 2022, Zhejiang huhangyong increased 985821 shares of the bank through centralized bidding with its own funds through the trading system of Shanghai Stock Exchange, accounting for 0.01% of the total share capital of the bank, with a cumulative increase of about 6.6353 million yuan.
