Bei Jing Shang Bao·2025-11-21 10:40Core Viewpoint - Suzhou Bank announced the latest development in a financial loan contract dispute, where the court ruled to dismiss the lawsuit in the first instance [1][2] Summary by Sections Case Details - The lawsuit involved a total amount of 981 million yuan (approximately 9.81 billion yuan) as of June 12, 2024, along with all litigation costs [1] - The original plaintiff, Ordos Rural Commercial Bank, filed a lawsuit against multiple defendants, including Hangzhou Hankan Trading Co., Ltd., and several banks [2] Court Ruling - On November 20, 2025, the court allowed Ordos Rural Commercial Bank to withdraw from the lawsuit, permitting the Ordos Dongsheng District Branch of Inner Mongolia Rural Commercial Bank to replace it as the plaintiff [2] - The court ultimately dismissed the lawsuit filed by the Ordos Dongsheng District Branch [2] Impact on Suzhou Bank - Suzhou Bank indicated that the dismissal of the lawsuit has uncertain implications for its current and future profits [2] - The bank will continue to monitor the situation and take necessary actions to protect its legal rights while adhering to information disclosure requirements [2]