| 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 | 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。 | | --- | --- | | | 股票發行人現金股息（可選擇貨幣）公告 | | 發行人名稱 | 中國農業銀行股份有限公司 | | 股份代號 | 01288 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 建議派發截至2025年6月30日止六個月之中期股息 | | 公告日期 | 2025年10月30日 | | 公告狀態 | 更新公告 | | 更新/撤回理由 | 更新記錄日期及股息派發日 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 10 股 1.195 RMB | | 股東批准日期 | 有待公佈 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | ...

中國農業銀行股份有限公司 2025 年第三季度 第三支柱信息披露報告 | 1. | 引言 1 | | --- | --- | | 2. | 風險管理、關鍵審慎監管指標和風險加權資產概覽 2 | | 3. | 宏觀審慎監管措施 7 | | 4. | 槓桿率 8 | | 5. | 流動性風險 11 | 1. 引言 《中國農業銀行股份有限公司 2025 年第三季度第三支柱信息披露報告》根據《商業 銀行資本管理辦法》（國家金融監督管理總局令 2023 年第 4 號）及相關規定編製並披 露。報告包括風險管理、關鍵審慎監管指標和風險加權資產概覽，宏觀審慎監管措施， 槓桿率，流動性風險等內容。 本行建立完善的信息披露治理結構，由董事會批准並由高級管理層實施有效的內部 控制流程，對信息披露內容進行合理審查，確保第三支柱披露信息真實、可靠。2025 年 10 月 30 日，本行董事會 2025 年第 9 次會議審議通過了本報告。 1 2. 風險管理、關鍵審慎監管指標和風險加權資產概覽 2.1 KM1：監管併表關鍵審慎監管指標 2 人民幣百萬元，百分比除外 a b c d e 2025 年 9 月 30 日 2025 年 6 月 ...

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。 AGRICULTURAL BANK OF CHINA LIMITED 1288 董事會決議公告 中國農業銀行股份有限公司（「本行」）董事會（「董事會」）於2025年10月15日以書面形式發 出會議通知，於2025年10月30日在北京以現場方式召開會議（「會議」）。會議應出席董事 13名，親自出席董事12名，谷澍董事長由於其他公務安排，書面委託王志恒副董事長出 席會議並代為行使表決權。會議召開符合法律法規、《中國農業銀行股份有限公司章 程》（「本行章程」）及《中國農業銀行股份有限公司董事會議事規則》的規定。 會議由王志恒副董事長主持，審議並通過了以下議案： 1. 中國農業銀行股份有限公司金融債券發行計劃事宜 議案表決情況：有效表決票13票，同意13票，反對0票，棄權0票。 本議案尚需提交本行股東會審議通過。 2. 中國農業銀行股份有限公司資本工具和總損失吸收能力非資本債券計劃額度事宜 議案表決情況：有效表 ...

Core Insights - Agricultural Bank of China reported Q3 revenue of 180.98 billion yuan, a year-on-year increase of 4.30% [2] - Net profit for Q3 reached 81.35 billion yuan, reflecting a year-on-year growth of 3.66% [2] - For the first three quarters, total revenue amounted to 550.77 billion yuan, up 1.87% year-on-year [2] - Net profit for the first three quarters was 220.86 billion yuan, showing a year-on-year increase of 3.03% [2] Financial Performance - Q3 revenue: 180.98 billion yuan, +4.30% YoY [2] - Q3 net profit: 81.35 billion yuan, +3.66% YoY [2] - Year-to-date revenue: 550.77 billion yuan, +1.87% YoY [2] - Year-to-date net profit: 220.86 billion yuan, +3.03% YoY [2]

Core Viewpoint - Agricultural Bank of China (01288.HK) reported a revenue of 550.774 billion RMB for the nine months ending September 30, 2025, reflecting a year-on-year growth of 1.87% [1] Financial Performance - The net profit attributable to shareholders reached 220.859 billion RMB, an increase of 3.03% year-on-year [1] - Net interest income was 427.308 billion RMB, showing a decline of 2.40% compared to the previous year [1] - The net interest margin stood at 1.30% [1] - Net fee and commission income increased by 13.34% to 69.877 billion RMB [1] - Operating expenses amounted to 174.669 billion RMB, up 3.84% year-on-year [1] - The cost-to-income ratio (according to Chinese accounting standards) was 29.14%, an increase of 0.20 percentage points year-on-year [1] - Credit impairment losses decreased by 3.643 billion RMB to 127.403 billion RMB [1] Return Metrics - The annualized average return on total assets was 0.65%, down 0.04 percentage points year-on-year [1] - The annualized weighted average return on equity was 10.47%, a decrease of 0.32 percentage points year-on-year [1] - Basic earnings per share increased by 0.03 RMB to 0.59 RMB [1]

Core Insights - Agricultural Bank of China reported Q3 revenue of 180.98 billion, a year-on-year increase of 4.30% [1] - The net profit attributable to shareholders for Q3 was 81.35 billion, reflecting a year-on-year growth of 3.66% [1] - For the first three quarters, the total revenue reached 550.77 billion, up by 1.87% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 220.86 billion, with a year-on-year increase of 3.03% [1]

Core Viewpoint - Agricultural Bank of China (01288.HK) reported a revenue of 550.774 billion RMB for the nine months ending September 30, 2025, reflecting a year-on-year growth of 1.87% [1] Financial Performance - The net profit attributable to shareholders reached 220.859 billion RMB, marking a year-on-year increase of 3.03% [1] - Net interest income was 427.308 billion RMB, showing a decline of 2.40% year-on-year [1] - The net interest margin stood at 1.30% [1] - Net fee and commission income increased by 13.34% to 69.877 billion RMB [1] - Operating expenses totaled 174.669 billion RMB, up 3.84% year-on-year [1] - The cost-to-income ratio (according to Chinese accounting standards) was 29.14%, an increase of 0.20 percentage points year-on-year [1] - Credit impairment losses decreased by 3.643 billion RMB year-on-year to 127.403 billion RMB [1] Return Metrics - The annualized average return on total assets was 0.65%, down 0.04 percentage points year-on-year [1] - The annualized weighted average return on equity was 10.47%, a decrease of 0.32 percentage points year-on-year [1] - Basic earnings per share increased by 0.03 RMB to 0.59 RMB [1]

Core Insights - Agricultural Bank of China (ABC) reported a net profit of 222.32 billion yuan for the nine months ending September 30, 2025, representing a year-on-year increase of 3.28% [1] - The net profit attributable to shareholders was 220.86 billion yuan, up 3.03% year-on-year [1] - The annualized average total asset return rate decreased by 0.04 percentage points to 0.65%, while the annualized weighted average return on equity fell by 0.32 percentage points to 10.47% [1] Financial Performance - The group achieved an operating income of 550.77 billion yuan, reflecting a year-on-year growth of 1.87% [1] - Net interest income was 427.31 billion yuan, down 2.40% year-on-year, with a net interest margin of 1.30% [1] - Net fee and commission income increased by 13.34% to 69.88 billion yuan [1] - Operating expenses rose by 3.84% to 174.67 billion yuan, with a cost-to-income ratio of 29.14%, up 0.20 percentage points year-on-year [1] - Credit impairment losses decreased by 3.64 billion yuan to 127.40 billion yuan [1] Capital Adequacy and Liquidity - As of September 30, 2025, the capital adequacy ratio, tier 1 capital adequacy ratio, and core tier 1 capital adequacy ratio were 17.78%, 12.92%, and 11.16%, respectively [1] - The average liquidity coverage ratio for the third quarter of 2025 was 130.25% [1]

Financial Performance - For Q3 2025, Agricultural Bank of China reported operating income of RMB 180,981 million, an increase of 4.30% year-on-year[7]. - The net profit attributable to shareholders for the same period was RMB 81,349 million, reflecting a growth of 3.66% compared to the previous year[7]. - The total operating income for the same period was RMB 550.77 billion, an increase of 1.87% year-on-year, while net interest income decreased by 2.40% to RMB 427.31 billion[17]. - For the nine months ended September 30, 2025, the group achieved a net profit of RMB 222.32 billion, representing a year-on-year growth of 3.28%[17]. - The bank reported a net profit of RMB 82.380 billion for the three months ending September 30, 2025, compared to RMB 78.768 billion in the same period of 2024, reflecting a growth of 3.9%[31]. - The bank's operating profit for the nine months ending September 30, 2025, was RMB 248.685 billion, up from RMB 241.308 billion in the same period of 2024[30]. - The bank's total comprehensive income for the nine months ending September 30, 2025, was RMB 206.532 billion, down from RMB 232.020 billion in the same period of 2024[31]. Assets and Liabilities - The total assets of the bank reached RMB 48,135,429 million, marking an increase of 11.33% from the end of the previous year[7]. - As of September 30, 2025, total assets reached RMB 48,135.43 billion, an increase of 11.33% compared to the end of the previous year[18]. - Total liabilities increased by 12.01% to RMB 44,960.22 billion compared to the end of the previous year[19]. - Total liabilities increased to RMB 44,960,218 million, up from RMB 40,140,862 million, reflecting a growth of approximately 12.5%[33]. - Customer loans and advances totaled RMB 26,987.57 billion, reflecting an increase of 8.36% from the end of the previous year[18]. - Customer loans and advances rose to RMB 26,019,737 million, compared to RMB 23,977,013 million in the previous year, marking an increase of about 8.7%[32]. - Customer deposits reached RMB 32,067.82 billion, an increase of 5.82% from the end of the previous year[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 539,787, with 520,726 being A-share shareholders[9]. - The top two shareholders, Central Huijin Investment Ltd. and the Ministry of Finance of the People's Republic of China, held 40.14% and 35.29% of shares respectively[9]. - The bank's equity attributable to shareholders was RMB 3,168,502 million, an increase of 2.51% from the previous year[7]. - The bank's total equity increased to RMB 3,175,211 million as of September 30, 2025, from RMB 3,097,273 million, representing an increase of approximately 2.5%[33]. - The bank has no restricted shares among its top shareholders, indicating a fully tradable share structure[10]. Dividends - The bank declared a final cash dividend of RMB 0.1255 per share for the fiscal year 2024, totaling RMB 43.923 billion[26]. - The board proposed an interim cash dividend of RMB 1.195 per 10 shares for the fiscal year 2025, amounting to RMB 41.823 billion, pending shareholder approval[26]. - The bank plans to distribute a cash dividend of RMB 4.12 per preferred share, totaling RMB 1.648 billion, for the fiscal year 2024-2025[26]. Capital and Financing - The capital adequacy ratio as of September 30, 2025, was 17.78%, with a Tier 1 capital adequacy ratio of 12.92%[23]. - The group issued RMB 600 billion in Tier 2 capital bonds in both July and September 2025[24]. - The group also issued RMB 500 billion in total loss-absorbing capacity non-capital bonds in August 2025[24]. - The bank issued debt securities amounting to RMB 3,450,107 million during the nine months ended September 30, 2025, compared to RMB 2,920,323 million in the same period of 2024, an increase of about 18.2%[36]. Cash Flow - The net cash flow from operating activities for the year-to-date period was RMB 2,034,128 million, showing an increase of 8.49%[7]. - Net cash from operating activities for the nine months ended September 30, 2025, was RMB 2,034,128 million, compared to RMB 1,874,980 million for the same period in 2024, an increase of about 8.5%[35]. - Cash and cash equivalents at the end of the period reached RMB 2,933,380 million, up from RMB 2,780,032 million, indicating an increase of approximately 5.5%[36]. - The bank's net cash used in investing activities for the nine months ended September 30, 2025, was RMB (1,208,002) million, an improvement from RMB (1,771,297) million in 2024[36]. - The bank's interest income from investment securities for the nine months ended September 30, 2025, was RMB (275,590) million, compared to RMB (267,368) million in 2024, indicating a slight increase of about 3.4%[35]. Non-Performing Loans - The non-performing loan balance was RMB 341.40 billion, with a non-performing loan ratio of 1.27%, a decrease of 0.03 percentage points from the end of the previous year[20].

Core Points - Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) closed down 0.19% on October 30, with a trading volume of 67.65 million yuan [1] - The fund 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 29, the fund's latest share count was 224 million shares, with a total size of 230 million yuan [1] - Over the past 20 trading days, the fund's cumulative trading amount reached 1.13 billion yuan, with an average daily trading amount of 56.48 million yuan [1] - The current fund manager is He Yuxuan, who has managed the fund since its inception, achieving a return of 2.56% during the tenure [1] Holdings Summary - The top holdings of Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF include: - COSCO Shipping Holdings (0.85% holding, 218,000 shares, market value of 2.9175 million yuan) [2] - Orient Overseas International (0.40% holding, 10,500 shares, market value of 1.3717 million yuan) [2] - China Foreign Transport (0.33% holding, 270,000 shares, market value of 1.1396 million yuan) [2] - China Petroleum & Chemical Corporation (0.32% holding, 162,000 shares, market value of 1.0973 million yuan) [2] - CITIC Bank (0.32% holding, 175,000 shares, market value of 1.1136 million yuan) [2] - CNOOC (0.29% holding, 58,000 shares, market value of 1.0041 million yuan) [2] - China Shenhua Energy (0.29% holding, 30,500 shares, market value of 982,600 yuan) [2] - China People's Insurance Group (0.29% holding, 164,000 shares, market value of 1.0107 million yuan) [2] - China Unicom (0.28% holding, 104,000 shares, market value of 952,800 yuan) [2] - Agricultural Bank of China (0.27% holding, 189,000 shares, market value of 933,900 yuan) [2]