Shanghai Rural Commercial Bank Co.Ltd(601825) : Shanghai Rural Commercial Bank Co.Ltd(601825) announcement on the implementation progress of measures to stabilize stock price

Securities code: Shanghai Rural Commercial Bank Co.Ltd(601825) securities abbreviation: Shanghai Rural Commercial Bank Co.Ltd(601825) Announcement No.: 2022008 Shanghai Rural Commercial Bank Co.Ltd(601825)

Announcement on the implementation progress of measures to stabilize stock prices

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

On September 29, 2021, the company disclosed the announcement of Shanghai Rural Commercial Bank Co.Ltd(601825) on the plan of stabilizing stock price (Announcement No.: 2021012). Shanghai Guosheng International Group Co., Ltd. (hereinafter referred to as “Shanghai Guosheng group”) and its subsidiaries holding more than 5% of the assets of Shanghai Guosheng International Group Co., Ltd. (hereinafter referred to as “Shanghai Guosheng group”) Zhejiang Huhang Ningbo Expressway Co., Ltd. (hereinafter referred to as “Zhejiang Huhang Ningbo”) plans to increase its shares with its own funds through the trading system of Shanghai Stock Exchange within six months from September 29, 2021. The total amount of state-owned assets of international group and its subsidiaries to be increased shall not be less than 46 million yuan, of which the amount of international group to be increased shall not be less than 4 million yuan The amount of state-owned assets to be increased shall not be less than 42 million yuan, Guosheng assets to be increased shall not be less than 135104 million yuan, and Zhejiang huhangyong to be increased shall not be less than 132668 million yuan.

The company disclosed the announcement of Shanghai Rural Commercial Bank Co.Ltd(601825) on the implementation progress of measures to stabilize the stock price (Announcement No.: 2021023, 2021024, 2021032) on November 4, 2021, November 9, 2021 and December 16, 2021. Progress in the implementation of the shareholding increase plan: from November 6, 2021 to March 7, 2022, the state-owned assets management increased 2510000 shares of the company through 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 company, and the cumulative shareholding increase was about 174626 million yuan. After this increase, state-owned assets management holds 805960000 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 accumulatively increased 957800 shares of the company 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 company, and the cumulative increase amount was about 6.5898 million yuan. After the increase, Guosheng assets held 475975214 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 985821 shares of the company 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 company, with a cumulative increase of about 6.6353 million yuan. After this increase, Zhejiang huhangyong holds 467452021 shares of the company, accounting for 4.85% of the total share capital of the company.

Recently, Shanghai Rural Commercial Bank Co.Ltd(601825) (hereinafter referred to as “the company”) received a letter from the state-owned assets management, Guosheng assets and Zhejiang huhangyong, the shareholders holding more than 5% of the shares before the initial public offering of the company, on the progress of the implementation of the measures to stabilize the stock price. The state-owned assets management has increased part of the shares of the company from November 6, 2021 to March 7, 2022 Guosheng assets has increased its holdings of some shares of the company from November 3, 2021 to March 7, 2022, and Zhejiang huhangyong has increased its holdings of some shares of the company from December 15, 2021 to March 7, 2022. The relevant information is hereby announced as follows:

1、 Basic information of the increased holding subject

1. Name of the increased holding entity: state owned assets management, Guosheng assets, Zhejiang Huhang Ningbo.

2. The number and shareholding ratio of the company’s shares held by the increase subject: before the implementation of this increase, state-owned assets management held 80345000 shares of the company, accounting for 8.33% of the total share capital of the company; Guosheng assets holds 475017414 shares of the company, accounting for 4.93% of the total share capital of the company; Zhejiang huhangyong holds 466466200 shares of the company, with a shareholding ratio of 4.84%. State owned assets management, Guosheng assets and Zhejiang huhangyong were shareholders holding more than 5% of the shares before the initial public offering of the company.

2、 Main contents of the shareholding increase plan

See the announcement of Shanghai Rural Commercial Bank Co.Ltd(601825) on the plan of stabilizing stock price (Announcement No.: 2021012) disclosed by the company on September 29, 2021 for the specific contents of this shareholding increase plan.

3、 Implementation progress of shareholding increase plan

From November 6, 2021 to March 7, 2022, state-owned assets management increased its holdings of 2510000 shares of the company through centralized bidding through the trading system of Shanghai stock exchange 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. Prior to this increase, state owned assets management held 80345000 shares of the company, accounting for 8.33% of the total share capital of the company. After this increase, state-owned assets management holds 805960000 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 accumulatively increased 957800 shares of the company 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 company, and the cumulative increase amount was about 6.5898 million yuan. Before this increase, Guosheng assets held 475017414 shares of the company, accounting for 4.93% of the total share capital of the company. After this increase, Guosheng assets held 475975214 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 985821 shares of the company 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 company, with a cumulative increase of about 6.6353 million yuan. Before the increase, Zhejiang huhangyong held 466466200 shares of the company, accounting for 4.84% of the total share capital of the company. After this increase, Zhejiang huhangyong holds 467452021 shares of the company, accounting for 4.85% of the total share capital of the company.

4、 Description of other matters

1. This shareholding increase complies with the securities law of the people’s Republic of China and other laws and regulations, departmental rules, business rules of Shanghai Stock Exchange and other relevant provisions.

2. During the implementation of the shareholding increase plan, state-owned assets management, Guosheng assets and Zhejiang huhangyong shall comply with the relevant provisions of China Securities Regulatory Commission and Shanghai Stock Exchange on the changes in the equity of listed companies and the sensitive period of stock trading, and shall not reduce the shares of the company held during the implementation of the shareholding increase plan and within the legal period.

3. This increase will not lead to the distribution of shares of the company not meeting the listing conditions and will not affect the listing status of the company.

4. The company will continue to pay attention to the operation of state-owned assets, Guosheng assets and the increase of shares held by Zhejiang huhangyong in accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange, the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 8 – share change management, and fulfill the obligation of information disclosure in time.

It is hereby announced.

Shanghai Rural Commercial Bank Co.Ltd(601825) board of directors March 8, 2022

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