Chairman Xu Li of Shanghai Rural Commercial Bank: Flexibly adjust deposit pricing strategies to provide strong support for stabilizing net interest margin.

On November 13, Xu Li, Party Secretary and Chairman of Shanghai Rural Commercial Bank, stated at the 2025 third quarterly report collective performance briefing meeting of listed companies in Shanghai jurisdiction that the asymmetric interest rate reduction policy implemented in May has achieved significant results, effectively maintaining stable net interest margin in the industry. At the same time, Shanghai Rural Commercial Bank has also flexibly adjusted its deposit pricing strategy, reduced high-cost deposits, dynamically optimized its liability structure, effectively lowered its liability costs, and provided strong support for stabilizing net interest margin.