Jiangsu Agricultural Commercial United Bank Wins 3% Equity Stake in Hai'an Agricultural Commercial Bank for 120 Million Yuan, with Cumulative Holding of 3.9%

SadMoneyMeow · 2026-03-17T10:55:21+00:00

Jiangsu Agriculture and Commerce United Bank successfully bid for 30 million shares of equity in Haian Agriculture and Commerce Bank on the JD.com judicial auction platform on March 10 for 120 million yuan, bringing its cumulative shareholding to 39 million shares and making it the fifth-largest shareholder. This is the bank's second participation in equity auctions within half a month.

SadMoneyMeow

2026-03-17 10:55:21

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Viewpoint Network News: On March 16, Jiangsu Rural Commercial Joint Bank successfully acquired 30 million shares of Haian Rural Commercial Bank for 120 million yuan, accounting for 3% of its total share capital. The transaction was completed on the JD.com auction platform on March 10, marking the bank’s second participation in Haian Rural Commercial Bank’s share auction within half a month.

According to reports, on February 27, Jiangsu Rural Commercial Joint Bank previously purchased 9 million shares of Haian Rural Commercial Bank for 36 million yuan. The two transactions totaled 156 million yuan, giving it a total of 39 million shares of Haian Rural Commercial Bank, representing 3.9% of the total issued shares, making it the bank’s fifth-largest shareholder.

Disclaimer: The content and data of this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Edited by: Guo Jiandong)

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