Bank of Suzhou Co Ltd Announces Acquisition of Dongwu Rural Bank

On June 23, 2025, Bank of Suzhou Co Ltd, a prominent financial institution based in Suzhou, China, announced a significant strategic move. The company’s board of directors approved the acquisition of Dongwu Rural Bank, as detailed in the fifth meeting of the fifth board of directors. This decision was part of a broader plan to adjust the functions and structure of the financial market segment, as outlined in the meeting’s resolution notice.

Bank of Suzhou, listed on the Shenzhen Stock Exchange, operates a diverse range of banking services, including deposits, loans, investment banking, and currency trading. The acquisition is expected to enhance its service offerings and expand its market presence.

Financial Highlights and Market Activity

As of June 23, 2025, Bank of Suzhou’s stock closed at 8.59 CNH, with a 52-week high of 8.92 CNH on June 2, 2025, and a low of 6.6 CNH on September 11, 2024. The company’s market capitalization stands at 38,270,000,000 CNH, with a price-to-earnings ratio of 7.42.

In recent trading activity, Bank of Suzhou has seen a notable increase in financing buy-ins. Over the past two days, the financing buy-in growth rate has exceeded 50%, with a total of 4,339.56 million yuan acquired on June 20, 2025. The current financing balance is 9.65 billion yuan, representing 2.53% of the company’s circulating market value. This surge in financing buy-ins indicates a strong interest from financing clients, suggesting a bullish sentiment towards the bank’s stock.

For more detailed information on Bank of Suzhou’s offerings and updates, stakeholders can visit their official website at www.suzhoubank.com or follow their activities on the Shenzhen Stock Exchange.