Shanghai Rural Commercial Bank Co.Ltd(601825) disclosed the progress of stabilizing the stock price, and the three major shareholders increased their holdings by more than 30 million yuan

Shanghai Rural Commercial Bank Co.Ltd(601825) announcement. Recently, we received a notification letter from the state-owned assets management, Guosheng assets and Zhejiang huhangyong, the shareholders holding more than 5% of the shares before the company's IPO, on the progress of the implementation of the measures to stabilize the stock price.

From November 6, 2021 to March 7, 2022, state-owned assets management increased its holdings of 2.51 million shares of the company in the form of centralized bidding with its own funds, accounting for 0.03% of the total share capital of the company, with a cumulative increase of about 174626 million yuan. After the increase, state-owned assets management held 806 million shares of the company, accounting for 8.36% of the total share capital of the company.

From November 3, 2021 to March 7, 2022, Guosheng assets increased its holdings of 957800 shares of the company in the form of centralized bidding with its own funds, accounting for 0.01% of the total share capital of the company, with a cumulative increase of about 6.5898 million yuan. After this increase, Guosheng assets held 476 million shares of the company, accounting for 4.94% of the total share capital of the company.

From December 15, 2021 to March 7, 2022, Zhejiang huhangyong increased its holdings of 985800 shares of the company with its own funds by means of centralized bidding, accounting for 0.01% of the total share capital of the company, with a cumulative increase of about 6.6353 million yuan. After this increase, Zhejiang huhangyong held 467 million shares of the company, accounting for 4.85% of the total share capital of the company.

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