In December 2025, Jiangsu Agricultural Commercial Bank was approved to take a stake in Gaoyou Agricultural Commercial Bank. Previously, Jiangxi Agricultural Commercial Joint Bank was approved to participate in 20 agricultural commercial banks in the province, and Guizhou Agricultural Commercial Bank was approved to sell shares in 16 agricultural commercial banks and 5 agricultural credit cooperatives. So far, the six provincial agricultural and commercial joint banks that have adopted the “top participation and bottom” model have all been approved or completed the first batch of downward shareholding work. The so-called “up and down” reform model means that provincial agricultural and commercial joint banks participate in city/county agricultural commercial banks from the top down to form an equity bond. This model contrasts with the “downsizing” model adopted by Zhejiang Agricultural and Commercial Joint Bank.

In December 2025, Jiangsu Agricultural Commercial Bank was approved to take a stake in Gaoyou Agricultural Commercial Bank. Previously, Jiangxi Agricultural Commercial Joint Bank was approved to participate in 20 agricultural commercial banks in the province, and Guizhou Agricultural Commercial Bank was approved to sell shares in 16 agricultural commercial banks and 5 agricultural credit cooperatives. So far, the six provincial agricultural and commercial joint banks that have adopted the “top participation and bottom” model have all been approved or completed the first batch of downward shareholding work. The so-called “up and down” reform model means that provincial agricultural and commercial joint banks participate in city/county agricultural commercial banks from the top down to form an equity bond. This model contrasts with the “downsizing” model adopted by Zhejiang Agricultural and Commercial Joint Bank.