On November 17, Bank of Suzhou Co., Ltd. (002966) announced resolutions from its 2025 second interim shareholders' meeting. The meeting passed special resolutions including amendments to the company's articles of association, adjustments to registered capital, the decision to dissolve its board of supervisors, and approval of the 2026 financial bond issuance plan.
The restructuring reflects the bank's governance optimization as it moves toward a more streamlined corporate structure. The removal of the supervisory board aligns with modern corporate governance practices adopted by leading financial institutions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments