Zhejiang Keqiao Transformation and Upgraded Industrial Fund Co., Ltd. agreed to acquire 8.1% stake in Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd (SHSE:601528) on September 27, 2023. The transaction is approved by board of directors of Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co., Ltd. The transaction is approved by Shaoxing Supervision Branch of the State Administration of Financial Supervision and Administration.

Zhejiang Keqiao Transformation and Upgraded Industrial Fund Co., Ltd. completed the acquisition of 8.1% stake in Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd (SHSE:601528) on February 19, 2024.