Core Viewpoint - CITIC Bank has announced the implementation of its preferred stock dividend distribution plan for the year 2025, following the approval from its board of directors and shareholders [2][3]. Group 1: Dividend Distribution Plan - The board of directors approved the preferred stock dividend distribution plan during the meeting held on August 27, 2025, which was subsequently announced on August 28, 2025 [2]. - The dividend period is set from October 26, 2024, to October 25, 2025 [3]. - The cash dividend per preferred share is calculated at a rate of 4.08%, amounting to RMB 4.08 per share (including tax), with a total distribution of RMB 1.428 billion (including tax) based on the issuance of 350 million shares [3]. Group 2: Taxation and Payment Details - For resident corporate shareholders, the tax on the cash dividend is to be self-reported and paid, with the actual cash dividend per share remaining at RMB 4.08 [4]. - Other shareholders will follow the relevant regulations for tax payment on cash dividends [4]. - The last trading day for the preferred shares is October 23, 2025, with the record date on October 24, 2025, and the dividend payment date set for October 27, 2025 [6][7].

Group 1 - The Chinese wealth management market is experiencing a historic opportunity, with total asset management scale exceeding 170 trillion yuan, making it the second-largest wealth management market globally as of June 2025 [1][2] - The growth in the wealth management sector is driven by the expansion of the middle-income group and the accumulation of household wealth, with total investable assets surpassing 300 trillion yuan [1][2] - The second "CITIC Wealth Management Conference" was held in Beijing, focusing on how wealth management institutions can capture global market opportunities and serve as a bridge between the real economy and household wealth [1] Group 2 - The wealth management industry is benefiting from the deepening transformation of the asset management sector, the acceleration of long-term patient capital cultivation, and the opening up of cross-border capital markets [2] - CITIC Group has established a differentiated wealth management path, leveraging its comprehensive financial license advantages and multi-field collaboration to create unique strengths in the wealth management sector [2] - CITIC's subsidiaries, including CITIC Bank and CITIC Securities, hold significant asset management scales, with CITIC Bank's personal wealth management scale nearing 5 trillion yuan and CITIC Securities' asset management scale reaching 1.56 trillion yuan [3] Group 3 - Cross-border investment has shifted from an optional choice to a necessity for wealth management, with over 164,600 individual investors participating in the "Cross-Border Wealth Management Connect" program, and cross-border remittance amounts exceeding 120 billion yuan [4] - Market institutions are actively building service systems to meet the growing demand for cross-border investment, with CITIC focusing on "connectivity" to link domestic and international markets [4] - The release of global asset allocation demand and the transformation of the industry are driven by inter-institutional collaboration, technological empowerment, and the expansion of cross-border business [4] Group 4 - The wealth management service transformation is centered around comprehensive product lines, collaborative customer service, and integrated infrastructure, as highlighted by industry leaders [5] - The ecosystem of complementary cooperation among different asset management institutions is evolving, driven by the deepening opening of the Chinese capital market and the enhancement of household asset allocation concepts [5] - Cross-institutional collaboration, technological integration, and cross-border layout are expected to be the core drivers of sustained growth in the wealth management industry [5]

Core Viewpoint - Multiple banks in China, including CITIC Bank, are adjusting the risk ratings of their asset management products, primarily to comply with regulatory requirements and enhance investor protection [1][4]. Group 1: Risk Rating Adjustments - CITIC Bank announced an adjustment of risk ratings for 17 asset management products, with 15 products seeing an increase in their risk ratings and 2 experiencing a decrease [2]. - The adjustment covers a wide range of product types, including passive index bond funds, mixed equity funds, and flexible allocation funds, indicating a comprehensive approach to risk assessment [2]. - This marks the fourth adjustment by CITIC Bank in 2023, reflecting ongoing regulatory compliance and the need for consistent risk rating practices [2]. Group 2: Regulatory and Market Influences - The adjustments are driven by the dual factors of deepening regulatory requirements and changes in market conditions, necessitating a more accurate reflection of risk levels [4]. - The regulatory framework established by the National Financial Supervision Administration in March 2023 mandates banks to independently assess the risk of asset management products and align them with appropriate customer profiles [4]. - As market volatility increases, the underlying risk-return characteristics of certain funds have changed, prompting banks to adjust ratings accordingly [4]. Group 3: Implications for the Banking and Asset Management Industry - In the short term, banks may experience fluctuations in sales revenue from high-risk products due to these adjustments, but long-term benefits include reduced legal disputes and enhanced reputation through improved compliance [5]. - The dynamic rating system is expected to encourage asset management companies to optimize product design and risk control, shifting the industry focus from "scale expansion" to "high-quality development" [5]. - Banks are advised to enhance their due diligence capabilities to better manage risks associated with asset management product sales [5].

Group 1 - The core initiative of the event is "A Beautiful Future, Cultivating in Advance," aiming to integrate future life planning with financial practices through immersive experiences and diverse services [1][2] - The event features four thematic exhibition areas: health, work, entertainment, and love, breaking traditional financial service stereotypes and transforming retirement finance and wealth planning into tangible experiences [1][2] - The event encourages the public to plan their lives and finances early, targeting various age groups including Generation Z, middle-aged, and senior citizens, promoting the concept of "early cultivation" [1][2] Group 2 - In response to the challenges of an aging population and consumption transformation, the bank has established a "Happiness +" pension financial service system, focusing on three pillars: pension funds, pension services, and the pension industry [2] - The bank aims to enhance its financial service roadmap to support national strategies for boosting consumption and promoting internal circulation, creating a comprehensive consumption ecosystem covering food, housing, transportation, travel, shopping, entertainment, and healthcare [2] - The "Letter" series of events has evolved over three iterations, with the current "Future Letter" focusing on human-centered care and future planning, enhancing brand emotional connection and integrating financial services with public needs [2]

Core Insights - CITIC Bank (601998) has launched the "Xiao Tian Yuan" enterprise ecological service platform, which integrates "digital + finance + ecology" to empower enterprises in their digital transformation [1] Group 1: Platform Features - The "Xiao Tian Yuan" platform addresses the daily operational pain points of enterprises by embedding efficient and intelligent integrated financial services into various processes [1] - It offers a comprehensive digital solution for enterprises, covering the entire chain of "business, finance, capital, and payment" [1] Group 2: Operational Efficiency - The platform aims to digitize, automate, and intelligently manage the daily operations of enterprises, significantly enhancing management quality and efficiency [1] - It helps enterprises save money, time, effort, and resources in their management processes [1]

Core Viewpoint - Citic Bank has launched the "Xiao Tian Yuan" enterprise ecological service platform, integrating "digital + finance + ecology" to empower enterprises in their digital transformation [1] Group 1 - The "Xiao Tian Yuan" platform addresses the daily operational pain points of enterprises by embedding efficient and intelligent integrated financial services into various processes [1] - The platform aims to create a comprehensive digital solution for enterprises, covering the entire chain of "business, finance, resources, and payment" [1] - The initiative is designed to digitize, automate, and enhance the management processes of enterprises, significantly improving management quality and efficiency, thereby saving time, money, and effort for businesses [1]

Core Viewpoint - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) experienced a decline of 1.29% in its closing price on October 17, with a trading volume of 53.86 million yuan [1] Group 1: Fund Overview - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF was established on August 20, 2025, with an annual management fee of 0.50% and a custody fee of 0.10% [1] - As of October 16, the fund had a total of 320 million shares and a total size of 324 million yuan [1] - The fund's performance benchmark is the adjusted return of the CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index [1] Group 2: Liquidity and Trading Activity - Over the last 20 trading days, the ETF recorded a cumulative trading amount of 1.048 billion yuan, with an average daily trading amount of 52.41 million yuan [1] Group 3: Fund Management - The current fund manager is He Yuxuan, who has managed the fund since its inception, with a return of -0.15% during the management period [1] Group 4: Top Holdings - The ETF's top holdings include: - COSCO Shipping Holdings (0.85% holding, 218,000 shares, market value of 2.9175 million yuan) - Orient Overseas International (0.40% holding, 10,500 shares, market value of 1.3717 million yuan) - China Foreign Transport (0.33% holding, 270,000 shares, market value of 1.1396 million yuan) - China Petroleum (0.32% holding, 162,000 shares, market value of 1.0973 million yuan) - CITIC Bank (0.32% holding, 175,000 shares, market value of 1.1136 million yuan) - CNOOC (0.29% holding, 58,000 shares, market value of 1.0041 million yuan) - China Shenhua Energy (0.29% holding, 30,500 shares, market value of 982,600 yuan) - China Pacific Insurance (0.29% holding, 164,000 shares, market value of 1.0107 million yuan) - China Unicom (0.28% holding, 104,000 shares, market value of 952,800 yuan) - Agricultural Bank of China (0.27% holding, 189,000 shares, market value of 933,900 yuan) [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 998 董事會會議召開日期 中信銀行股份有限公司（「本行」）董事會（「董事會」）謹此宣佈，董事會將於二零二五年十 月三十日（星期四）舉行董事會會議，以考慮及通過（包括其他事項）本行及其附屬公司截 至二零二五年九月三十日止九個月的季度業績。 承董事會命 中信銀行股份有限公司 方合英 董事長 中國‧北京 二零二五年十月十七日 於本公告日期，本行執行董事為方合英先生（董事長）、蘆葦先生（行長）及胡罡先生；非 執行董事為王彥康先生及付亞民先生；及獨立非執行董事為廖子彬先生、周伯文先生、 王化成先生及宋芳秀女士。 ...

证券代码：601998 证券简称：中信银行 公告编号：临2025-072 中信银行股份有限公司优先股股息派发实施公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、通过优先股股息派发方案的董事会会议情况 中信银行股份有限公司（以下简称本行）2014年度股东大会审议并通过了《关 于提请股东大会授权董事会办理本次非公开发行优先股相关事宜的议案》，授权 董事会在股东大会审议通过的框架和原则下根据发行方案的约定，决定并办理向 优先股股东支付股息事宜。本行优先股（证券简称：中信优1，证券代码：360025） 2025年度股息派发方案已经本行2025年8月27日召开的董事会会议审议通过，董 事 会 会 议 决 议 公 告 已 于 2025 年 8 月 28 日 刊 登 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）和本行网站（www.citicbank.com）。 二、优先股股息派发方案 1、计息期间：2024年10月26日至2025年10月25日。 1 优先股代码：360025 优先股简称： ...

Core Viewpoint - CITIC Bank (00998) announced the distribution of preferred shares dividends on October 27, 2025, with a cash dividend of RMB 4.08 per share based on a face dividend rate of 4.08% [1] Summary by Relevant Sections - **Dividend Details** - The cash dividend will be distributed for the period from October 26, 2024, to October 25, 2025 [1] - The total cash dividend amount will be RMB 1.428 billion (including tax), calculated based on the issuance of 350 million shares of CITIC Preferred Shares (CITIC Preferred 1) [1]