On August 20, the Bank of Wuxi held its first interim board meeting in 2026 to review and pass a bill to participate in the investment and establishment of Jiangsu Xuzhou Rural Commercial Bank Co., Ltd. According to the bill, the six agricultural commercial banks under the Xuzhou administration will establish the Jiangsu Xuzhou Agricultural Commercial Bank through a new merger. Bank of Wuxi is the shareholder, and its shares will be converted to Xuzhou Agricultural Commercial Bank shares based on the liquidation of capital and asset evaluation results.

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