Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co.,Ltd.: Shareholder Antu Auto Reduces Stake by 0.89%

Deep News11-11

On November 11, Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co.,Ltd. announced that it received a notice from its shareholder Antu Auto regarding a change in equity interests. Between September 17, 2025, and November 10, 2025, Antu Auto reduced its stake in the bank by 17.4392 million shares, representing 0.89% of the bank's total shares, through centralized bidding and block trades.

Following this adjustment, Antu Auto and its affiliated parties—Suomike, Shen Yousheng, and Shen Baiqing—collectively hold 98,108,057 shares, accounting for 4.99% of the bank's total shares (rounded down to two decimal places without rounding). This change triggers the disclosure requirement for equity adjustments reaching the 5% threshold.

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