Rugao Rural Commercial Bank was established.

With the guidance and help of the provincial association and the banking supervision department, the whole jurisdiction officially started the preparatory work of Jiangsu Rugao Rural Commercial Bank Co., Ltd. with the data at the end of March 20 10 as the assessment time, and successively completed the phased work such as assets and capital verification, repaying the original share capital, raising new shares, and holding the founding meeting (201.8). With the written reply of China Banking Regulatory Commission and Jiangsu Banking Regulatory Bureau, Nantong Administration for Industry and Commerce approved the establishment, obtained the business license on February 8, 20 10, and grandly opened its business on February 8, 20 10, successfully completing the goal of successful restructuring and formal listing for business during the year.