Photo/Shetuwang

Jun. 1 (NBD) -- Bank of Jiangsu Co., Ltd. (600919.SH) announced Friday that its largest shareholder Jiangsu International Trust Corporation Limited and 11 senior managers plan to increase stakes in the listed company for no less than 25 million (3.9 million U.S. dollars) and 1.87 million yuan (291,831.8 U.S. dollars), respectively, in a bid to stabilize the company's share price.

The stake will be raised in a span of six months starting from May 24 this year.

Email: gaohan@nbd.com.cn