Group 1: Green Finance Development - The People's Bank of China (PBOC) in Heyuan has been actively promoting green finance to support the local economy, with green loan balances expected to grow by 21.77% and 21.99% year-on-year by the end of 2023 and 2024 respectively [1] - As of mid-2023, the green loan balance in Heyuan reached 11.581 billion yuan, marking a year-on-year increase of 42.65%, significantly outpacing the overall loan growth rate by 40.99 percentage points [1] - The PBOC has established a comprehensive monitoring mechanism for green credit, implementing monthly monitoring, quarterly reporting, and annual evaluations to ensure banks fulfill their responsibilities in green development [3] Group 2: Renewable Energy Projects - A blueberry farm in Dongyuan County has integrated photovoltaic panels to generate over 100 million kilowatt-hours of clean energy annually, showcasing a successful model of combining agriculture with renewable energy [2] - The project has effectively reduced coal consumption and emissions of pollutants, while also alleviating local electricity shortages, supported by a loan of 138 million yuan from the PBOC [2] Group 3: Support for Traditional Industries - The PBOC is exploring financial solutions tailored to the needs of traditional industries undergoing low-carbon transitions, with several innovative green credit products being introduced [6] - A smart rice farm in Heyuan has benefited from the "Win-Win Plan + Transformation Finance" initiative, receiving a 5 million yuan credit line and a 1 million yuan low-carbon transformation loan to support sustainable agricultural practices [7] Group 4: Geographic Indication and Intellectual Property - The PBOC is focusing on geographic indications as a key area for enhancing financial support, establishing mechanisms for seamless project and funding connections with various government departments [5] - The establishment of "green branches" in local banks aims to support industries related to geographic indications, with loans of 167 million yuan and 4.469 million yuan allocated to specific agricultural products [4]

Core Insights - The performance of bank stocks is showing divergence, with Agricultural Bank of China rising over 1% to reach a new historical high, approaching a total market value of 3 trillion yuan [1] - Postal Savings Bank and Industrial and Commercial Bank also saw gains, while Shanghai Pudong Development Bank experienced a significant drop of over 4% [1] Group 1 - Agricultural Bank of China has achieved a new historical high, with its market value nearing 3 trillion yuan [1] - Postal Savings Bank and Industrial and Commercial Bank are following the upward trend in bank stocks [1] - Shanghai Pudong Development Bank's stock has declined sharply, falling over 4% [1]

Market Overview - A-shares opened lower with the three major indices experiencing fluctuations and declines, particularly in technology stocks, storage chips, and copper-clad laminate concepts [1][12] - The Hang Seng Index opened higher but turned negative, with mixed performance in tech stocks and declines in Apple-related stocks [2][3] - The bond market saw a collective rebound in government bond futures, with the 30-year main contract rising by 0.56% [3][4] A-shares Performance - As of the report, the Shanghai Composite Index fell by 0.18% to 3989.66, while the Shenzhen Component Index decreased by 0.09% to 13477.57, and the ChiNext Index rose by 0.16% to 3239.53 [1][12] - The technology sector faced a general pullback, with significant declines in storage chips and copper-clad laminate concepts, and a notable drop of nearly 6% in Shenghong Technology post-earnings [12][13] Hong Kong Market Performance - The Hang Seng Index decreased by 0.30% to 26353.17, and the Hang Seng Tech Index fell by 0.42% to 6145.14 [2][3] - The performance of Chinese tech stocks was mixed, with some stocks like Xiaopeng Motors rising over 4% [16] Commodity Market - Domestic commodity futures mostly rose, with polysilicon and lithium carbonate increasing by over 2%, while other commodities like rapeseed, glass, and iron ore also saw gains [4][5] - Precious metals experienced declines, with gold and silver dropping over 2% [5][16] CPO Concept Stocks - CPO concept stocks showed a rebound, with Zhongji Xuchuang rising nearly 4% to reach a historical high, and Lian Te Technology increasing by over 10% [6][7] Banking Sector - The banking sector exhibited mixed trends, with Agricultural Bank of China rising over 1% to approach a market capitalization of 3 trillion, while other banks like Shanghai Pudong Development Bank fell over 4% [8][9] Robotics and Software Concepts - Robotics stocks surged, with Nanjing Julong increasing over 12%, while the domestic software sector saw stocks like Rongji Software hitting the daily limit [10][12]

Core Insights - Agricultural Bank of China (ABC) in Liaoning Province is actively supporting the autumn harvest through comprehensive financial services, enhancing food security in the country [1][2] - The bank has conducted over 320 "Three Rural Financial Lectures," providing detailed explanations of products like "Huinong e-loan" and "Agricultural Machinery Installment," resulting in a loan issuance of 2.38 billion yuan benefiting 13,000 farmers [1] - The bank's timely financial assistance has significantly improved operational efficiency for farmers and grain companies, with loans addressing urgent funding needs during critical periods [1] Group 1 - ABC has organized over 2,000 "Three Rural Financial Lectures," issuing loans totaling 1.92 billion yuan, benefiting 22,700 farmers [2] - The loan balance for key grain sectors has exceeded 7 billion yuan, with a net increase of nearly 3 billion yuan since the beginning of the year, including over 3.5 billion yuan for autumn grain purchasing [2] Group 2 - Specific case studies highlight the impact of ABC's financial products, such as a 300,000 yuan "Huinong (Agricultural Machinery) Installment" loan that improved harvesting efficiency for a major grain grower [1] - The bank's quick response to urgent funding requests, such as a one-day approval for an irrigation machine loan, demonstrates its commitment to supporting farmers in crisis situations [1]

Core Insights - Agricultural Bank of China (ABC) has introduced a specialized loan product, "Grain Purchase Large Household Loan," to support grain purchase during the autumn harvest season, with a maximum credit limit of 5 million yuan, significantly higher than similar products from previous years [1][2] - The bank has implemented an efficient mechanism for loan approval, allowing for rapid response and processing, completing the loan approval and disbursement for a client in less than three days [1] - ABC has already disbursed over 140 million yuan in loans to more than 100 grain purchasing households in the Handan region, ensuring timely financial support for the autumn grain collection [2] Group 1 - The loan product "Grain Purchase Large Household Loan" has a maximum credit limit of 5 million yuan, which is a significant increase compared to previous years [1] - The bank has established a "frontline investigation + backend approval" mechanism to enhance efficiency in loan processing [1] - The rapid response mechanism allows for same-day investigation and approval, facilitating quick access to funds for farmers [1] Group 2 - The timely financial support has enabled farmers to invest in necessary equipment, such as drying machines, improving their operational efficiency [2] - The bank's financial services are crucial for mitigating risks associated with adverse weather conditions affecting the autumn harvest [1][2] - The successful disbursement of loans reflects the bank's commitment to supporting local agricultural development and ensuring food security [2]

Core Viewpoint - The announcement details the dividend distribution plan for the first phase of Agricultural Bank of China’s preferred shares for the fiscal year 2024-2025, which has been approved by the board of directors [2][7]. Dividend Distribution Plan - The dividend amount is calculated at a coupon rate of 4.12%, resulting in a cash dividend of RMB 4.12 per share (including tax), totaling RMB 1.648 billion (including tax) [2][3]. - The eligible recipients for the dividend are all holders of the preferred shares registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on November 4, 2025 [2]. Taxation Details - For resident corporate shareholders, the cash dividend is RMB 4.12 per share before tax, with the tax to be paid by the shareholders themselves [3]. - For Qualified Foreign Institutional Investors (QFII), a withholding tax of 10% will be applied, resulting in a net cash dividend of RMB 3.708 per share [3]. - Other shareholders will follow relevant regulations for tax payment on cash dividends [4]. Key Dates for Dividend Distribution - Last trading day: November 3, 2025 - Equity registration date: November 4, 2025 - Ex-dividend date: November 4, 2025 - Dividend payment date: November 5, 2025 [6]. Dividend Payment Method - The dividends will be distributed directly by the Agricultural Bank of China to all holders of the preferred shares [7].

Core Viewpoint - The Zhejiang Social Security Science and Technology Innovation Fund, with a scale of 50 billion yuan, has been officially established to facilitate the flow of financial resources into the real economy and support the integration of technological and industrial innovation [1] Group 1: Fund Establishment and Purpose - The fund aims to enhance effective investment in supporting technological innovation and the deep integration of industrial innovation [1] - It is jointly funded by the Zhejiang provincial government, the National Social Security Fund Council, and Agricultural Bank of China [1] - The signing ceremony for the fund took place in Hangzhou, Zhejiang [1] Group 2: Investment Strategy - The fund will operate under principles of marketization, rule of law, and professionalism, with the autonomy to select projects [1] - It will focus on building a modern industrial system, emphasizing intelligent, green, and integrated development [1] - The fund aims to support major strategies, key areas, and weak links, promoting the use of new technologies to upgrade traditional industries [1] Group 3: Future Plans - The National Social Security Fund Council plans to increase its investment in the real economy, ensuring effective resource allocation and high-quality funding supply [1] - The focus will be on supporting the integration of technological and industrial innovation [1] - The investment operations will be conducted in a standardized and orderly manner [1]

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。 中 國 農 業 銀 行 股 份 有 限 公 司 AGRICULTURAL BANK OF CHINA LIMITED （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 股 份 有 限 公 司 ） （股份代號：1288） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 根據中華人民共和國的有關法律法規，中國農業銀行股份有限公司在上海證券交易所網 站刊登《中國農業銀行股份有限公司優先股一期2024-2025年度股息發放實施公告》。 茲載列該公告如下，僅供參閱。 承董事會命 中國農業銀行股份有限公司 劉清 公司秘書 中國北京 2025年10月27日 於本公告日期，本行的執行董事為谷澍先生、王志恒先生和林立先生；本行的非執行董事為周濟女士、李蔚先生、 劉曉鵬先生和張奇先生；本行的獨立非執行董事為梁高美懿女士、吳聯生先生、汪昌雲先生、鞠建東先生、 莊毓敏女士和張琦先生。 ...

证券代码：601288 证券简称：农业银行 公告编号：临2025-048号 中国农业银行股份有限公司 重要内容提示： 中国农业银行股份有限公司（以下简称"本行"）优先股一期 （以下简称"农行优1"）2024-2025年度股息发放方案，已经本行 2025年8月29日召开的董事会会议审议通过。现将具体实施事项 公告如下： 一、农行优1股息发放方案 1. 发放金额：按照农行优1票面股息率4.12%计算，每股发 1 优先股一期2024-2025年度股息发放实施公告 中国农业银行股份有限公司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。 （2）对于持有农行优1的合格境外机构投资者（QFII）股东， 由本行按10%的适用税率统一代扣代缴现金股息所得税，税后每 股实际发放现金股息人民币3.708元。如果QFII股东涉及享受税 收协定（安排）待遇的，按照相关规定执行。 （3）其他农行优1股东现金股息所得税的缴纳，根据相关规 定执行。 若派息前相关税法规定变动，以最新规定为准。 二、分红派息具体实施日期 优先股代码：360001 优先股简称：农行优 ...

Core Insights - The state-owned large bank sector saw an increase of 1.47% on October 27, with Agricultural Bank leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Bank Performance Summary - Agricultural Bank (601288) closed at 8.18, up 2.38% with a trading volume of 5.22 million shares and a transaction value of 4.218 billion [1] - China Bank (601988) closed at 5.59, up 1.08% with a trading volume of 4.41 million shares and a transaction value of 2.455 billion [1] - Industrial and Commercial Bank (601398) closed at 7.91, up 0.89% with a trading volume of 3.92 million shares and a transaction value of 3.080 billion [1] - Construction Bank (601939) closed at 9.43, up 0.75% with a trading volume of 1.42 million shares and a transaction value of 1.337 billion [1] - Transportation Bank (601328) closed at 7.28, up 0.69% with a trading volume of 3.46 million shares and a transaction value of 2.507 billion [1] - Postal Savings Bank (601658) closed at 6.01, up 0.33% with a trading volume of 1.85 million shares and a transaction value of 1.109 billion [1] Fund Flow Analysis - The state-owned large bank sector experienced a net outflow of 85.2266 million from institutional investors and 43.0758 million from retail investors, while individual investors saw a net inflow of 128 million [1] - Specific fund flows for individual banks showed varied trends, with China Bank experiencing a net inflow of 77.0158 million from institutional investors but a net outflow of 84.6370 million from retail investors [2] - Agricultural Bank had a net outflow of 110 million from institutional investors, while retail investors contributed a net inflow of 113 million [2]