Definitions This chapter defines key terms, currencies, company entities, geographical regions, regulatory bodies, and share types to ensure clear understanding of the interim report - This section defines key terms used in the interim report, including currencies (HKD, RMB), company entities (the Bank, Board of Directors, Supervisory Board), geographical regions (China, Hong Kong), regulatory bodies (National Financial Regulatory Administration, People's Bank of China), and various share types (domestic shares, foreign shares, H-shares), ensuring clear understanding of the report content[6](index=6&type=chunk)[7](index=7&type=chunk) [Company Profile and Basic Information](index=5&type=section&id=Company%20Profile%20and%20Basic%20Information) [Company Overview](index=5&type=section&id=I%20Company%20Overview) Bank of Tianjin, listed on HKEX, reported **RMB 965.67 billion** in total assets and **RMB 8.83 billion** in operating income as of June 2025 - Bank of Tianjin was established on November 17, 1996, originating from urban credit cooperatives, and began cross-regional operations in 2007, establishing branches in Beijing, Shanghai, Hebei, Shandong, and Sichuan[8](index=8&type=chunk) Key Financial Data as of June 30, 2025 | Indicator | Amount (RMB billion) | Growth from previous year-end (%) | | :--- | :--- | :--- | | Total Assets | 965.67 | 4.3 | | Total Liabilities | 895.76 | 4.6 | | Operating Income | 8.83 | 0.8 | | Total Profit | 2.14 | 4.9 | | Net Profit | 2.01 | 1.6 | [Basic Company Information](index=5&type=section&id=II%20Basic%20Company%20Information) This section details Bank of Tianjin's legal names, representatives, contact information, and H-share listing details Bank of Tianjin Basic Information | Indicator | Content | | :--- | :--- | | Legal Chinese Name | 天津銀行股份有限公司 | | Chinese Abbreviation | 天津銀行 | | Legal English Name | Bank of Tianjin Co., Ltd. | | English Abbreviation | Bank of Tianjin | | Legal Representative | Yu Jianzhong | | Stock Listing Venue | The Stock Exchange of Hong Kong Limited | | Stock Code | 1578 | - The Bank's auditors include KPMG Huazhen LLP (Special General Partnership) for domestic audits and KPMG for international audits[13](index=13&type=chunk) [Strategic Positioning and Corporate Culture](index=8&type=section&id=Strategic%20Positioning%20and%20Corporate%20Culture) [Strategic Positioning](index=8&type=section&id=I%20Strategic%20Positioning) Bank of Tianjin aims to become a leading regional bank, guided by national policies and serving high-quality economic development - Strategic Guidance: Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implementing the spirit of the 20th CPC National Congress and the Central Financial Work Conference, and thoroughly implementing General Secretary Xi Jinping's important speeches during his inspection of Tianjin[15](index=15&type=chunk) - Development Goal: To build a modern, first-class regional bank that satisfies the municipal Party committee, reassures regulators, earns social praise, delights shareholders, and makes employees proud[15](index=15&type=chunk)[19](index=19&type=chunk) - Development Path: Strengthening the two contemporary genes of research and technology, building internal development capabilities to enhance core competitiveness, structuring external development resources to improve ecosystem services, reconstructing development mechanisms to boost value innovation efficiency, and deepening supply-side financial reform to excel in the 'Five Key Areas' of finance[16](index=16&type=chunk)[19](index=19&type=chunk) [Corporate Culture Philosophy System](index=9&type=section&id=II%20Bank%20of%20Tianjin%20Corporate%20Culture%20Philosophy%20System) Bank of Tianjin's corporate culture defines its vision, cooperation philosophy, development path, and risk management principles, emphasizing integrity and prudence - Vision: To build a modern, first-class regional bank that satisfies the municipal Party committee, reassures regulators, earns social praise, delights shareholders, and makes employees proud[19](index=19&type=chunk) - Cooperation Philosophy: Smart Tianjin Bank, Advancing Together Towards the Future[19](index=19&type=chunk) - Risk Philosophy: Upholding China's distinctive financial culture, adhering to principles of integrity, ethical profit-seeking, prudence, innovative compliance, and legal adherence, while maintaining 'five boundaries' (political, regulatory, operational, legal, capability) to prevent 'five major risks' (political, strategic, ecological, capability, operational)[19](index=19&type=chunk) [Honors, Awards, and Major Media Coverage](index=10&type=section&id=Honors%2C%20Awards%2C%20and%20Major%20Media%20Coverage) [Honors and Awards](index=10&type=section&id=I%20Honors%20and%20Awards) During the reporting period, Bank of Tianjin received multiple honors and awards, including ranking 185th in The Banker's Top 1000 World Banks 2025 - Ranked **185th** in The Banker's Top 1000 World Banks 2025[22](index=22&type=chunk) - Received financial bond underwriting awards such as the Export-Import Bank of China's 'High-Quality Belt and Road Initiative Construction Award' and Agricultural Development Bank of China's 'Rural Revitalization Pioneer'[22](index=22&type=chunk) - Awarded multiple wealth management and investment banking accolades, including the 'Jian An Qun Xing Hui Comprehensive Five-Star Award,' 'WIND Best Investment Bank,' and 'Wealth Management Income Pioneer Award'[22](index=22&type=chunk) - In FinTech innovation, received 'Excellent Case for FinTech Innovation Services' and 'China Digital Financial and Technological Innovation Application Excellent Case Award'[23](index=23&type=chunk) [Major Media Coverage](index=12&type=section&id=II%20Major%20Media%20Coverage) During the reporting period, Bank of Tianjin received extensive media coverage on its business development in inclusive finance, green finance, and FinTech - CNR reported Bank of Tianjin's 'Smart Inclusive Finance' achieved outstanding results in 2024, exceeding **RMB 20 billion**[26](index=26&type=chunk) - Xinhua Net repeatedly reported on Bank of Tianjin's initiatives in serving urban cultural heritage, deploying development 'transition,' empowering Binhai New Area's high-quality development, and deepening FinTech to enable new quality productive forces[26](index=26&type=chunk)[27](index=27&type=chunk)[32](index=32&type=chunk) - China Financial News and Tianjin Finance reported Bank of Tianjin's continuous deepening of green financial product and service innovation, strengthening financial security[30](index=30&type=chunk) - Xinhua News Agency reported Bank of Tianjin partnered with **10 entities** to establish a pension finance alliance[32](index=32&type=chunk) - CNR reported Bank of Tianjin upgraded payment services, facilitating convenient payments for the Davos Forum[33](index=33&type=chunk) [Summary of Accounting Data and Financial Indicators](index=18&type=section&id=Summary%20of%20Accounting%20Data%20and%20Financial%20Indicators) This section summarizes Bank of Tianjin's operating results, financial position, profitability, asset quality, and capital adequacy as of June 30, 2025 Operating Results for the Six Months Ended June 30, 2025 (RMB thousand) | Indicator | 2025 (RMB thousand) | 2024 (RMB thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Interest Income | 15,142,643 | 15,953,844 | (5.1) | | Interest Expense | (9,219,329) | (9,922,051) | (7.1) | | Net Interest Income | 5,923,314 | 6,031,793 | (1.8) | | Investment Income | 1,266,927 | 1,498,719 | (15.5) | | Net Fee and Commission Income | 788,838 | 1,079,397 | (26.9) | | Net Trading Gains/(Losses) | 710,664 | 212,680 | 234.1 | | Operating Income | 8,828,439 | 8,756,662 | 0.8 | | Operating Expenses | (2,070,128) | (2,024,516) | 2.3 | | Impairment Losses | (4,629,974) | (4,702,872) | (1.6) | | Profit Before Tax | 2,138,770 | 2,038,561 | 4.9 | | Profit for the Period | 2,008,360 | 1,975,791 | 1.6 | | Earnings Per Share Attributable to Equity Holders of the Bank (RMB) | 0.33 | 0.32 | 3.1 | Key Asset/Liability Indicators as of June 30, 2025 (RMB thousand) | Indicator | As of June 30, 2025 (RMB thousand) | As of December 31, 2024 (RMB thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 965,674,631 | 925,993,655 | 4.3 | | Of which: Customer Loans and Advances | 471,033,192 | 440,779,383 | 6.9 | | Total Liabilities | 895,758,652 | 856,583,512 | 4.6 | | Of which: Customer Deposits | 533,951,884 | 500,957,014 | 6.6 | | Equity Attributable to Equity Holders of the Bank | 69,043,443 | 68,547,411 | 0.7

Core Viewpoint - Tianjin Bank has been pursuing its A-share IPO for ten years, facing challenges such as slowing profit growth and unclear listing prospects, while also undergoing a leadership change in March 2025 that is expected to bring new strategies to the table [2][11]. Group 1: IPO Progress - The A-share IPO guidance for Tianjin Bank began on August 18, 2015, and has faced delays primarily due to the lack of necessary external approvals [3]. - The latest report from the guidance institutions indicates that the bank has not yet applied for or obtained some external approvals required for the IPO [3][6]. Group 2: Capital Structure and Financial Health - Tianjin Bank successfully issued 7 billion yuan in financial bonds in June 2025 to optimize its liability structure and support business development [7]. - The bank plans to issue up to 20 billion yuan in perpetual bonds and 20 billion yuan in subordinated bonds from 2024 to 2026 to enhance its capital structure and risk resilience [7]. - As of the end of Q1 2025, Tianjin Bank's total assets reached 945.78 billion yuan, a 2.14% increase from the beginning of the year, with customer loans growing by 4.19% to 459.23 billion yuan [8][9]. Group 3: Profitability and Performance - In 2024, Tianjin Bank's operating income was 16.71 billion yuan, a 1.5% increase year-on-year, while net profit grew by 1.1% to 3.80 billion yuan, indicating a slowdown in growth compared to 2023 [8]. - In Q1 2025, the bank reported a recovery in performance with operating income of 4.22 billion yuan, up 2.43% year-on-year, and net profit of 1.1 billion yuan, an increase of 3.77% [9]. Group 4: Business Diversification and Governance - In 2024, Tianjin Bank made significant strides in consumer finance by acquiring a consumer finance license and participating in the restructuring of a consumer finance company [10]. - The bank has also made governance improvements, including a new leadership team with an average age of 52, which is considered relatively young for the industry [10].

Core Viewpoint - Tianjin Bank has been in the process of preparing for its A-share IPO for ten years, facing challenges such as slowing profit growth and uncertain listing prospects, while also working on capital replenishment and asset expansion [1][2]. Group 1: IPO Progress and Challenges - The A-share IPO guidance for Tianjin Bank began on August 18, 2015, and the main bottleneck currently is the lack of external approvals required for listing [1]. - The latest guidance report indicates that the bank's corporate governance is now "effectively operational" after continuous due diligence and improvement suggestions from the advisory institutions [1][2]. Group 2: Capital Replenishment and Financial Performance - Tianjin Bank successfully issued 7 billion yuan in financial bonds in June 2025 to optimize its liability structure and support business development [2]. - The bank plans to issue up to 20 billion yuan in perpetual bonds and 20 billion yuan in subordinated bonds from 2024 to 2026 to enhance its capital structure and risk resilience [2]. - As of the end of Q1 2025, the bank's total assets reached 945.78 billion yuan, a 2.14% increase from the beginning of the year, with customer loans growing by 4.19% [2][3]. Group 3: Profitability and Asset Quality - In 2024, Tianjin Bank's operating income was 16.71 billion yuan, a 1.5% year-on-year increase, while net profit grew by 1.1%, indicating a slowdown in profit growth compared to 2023 [3]. - In Q1 2025, the bank's operating income was 4.217 billion yuan, up 2.43% year-on-year, and net profit was 1.1 billion yuan, an increase of 3.77% [3]. - The non-performing loan ratio stood at 1.70% as of March 2025, unchanged from the beginning of the year, with a provision coverage ratio of 169.97%, indicating stable risk resistance [3]. Group 4: Business Diversification and Governance - In 2024, Tianjin Bank made significant strides in consumer finance by acquiring a stake in Tianjin JD Consumer Finance Co., marking its entry into the consumer finance market [4]. - The bank has also initiated a public recruitment process for key executive positions, aiming to enhance its governance structure with a younger leadership team [5]. - The recent board restructuring in March 2025 has resulted in a management team with an average age of 52, which is considered relatively young compared to industry peers [5].

Core Viewpoint - China Datang Group Capital Holdings Co., Ltd. successfully issued a debt financing tool, raising a total of 700 million yuan, indicating strong market interest and participation in the issuance [1] Group 1: Issuance Details - The issuance of 25 Datang Capital SCP006 took place on August 20, 2025, with a planned and actual issuance amount of 700 million yuan [1] - There were 6 compliant subscription entities, contributing a total of 480 million yuan in effective subscriptions [1] - The lead underwriter's balance underwriting scale was 220 million yuan, which accounted for 31.43% of the total issuance size [1] Group 2: Market Participation - The effective subscription amount from the 6 compliant applicants was 480 million yuan, indicating a strong demand for the debt instrument [1] - Tianjin Bank Co., Ltd. was responsible for the entire balance underwriting scale of 220 million yuan [1]

Group 1 - The core viewpoint of the articles indicates that Chinese bank stocks are experiencing a collective rise, with specific banks like Agricultural Bank and Bank of Communications seeing increases of over 1% [1][2] - Morgan Stanley's report suggests that Chinese bank stocks are expected to rise further due to the stabilization of net interest margins and growth in fee income, with a potential upside of 15% for A-share banks and 8% for Hong Kong bank stocks [1] - UBS analysts express an optimistic outlook for foreign investment in the Chinese stock market, predicting that the liquidity-driven bull market rebound will last at least until September [1] Group 2 - Specific stock performance data shows Agricultural Bank at 5.470 with a rise of 1.11%, Bank of Communications at 6.910 with a rise of 1.02%, and other banks like CITIC Bank and China Merchants Bank also showing positive changes [2] - The report highlights that several banks, including China Bank, Industrial and Commercial Bank, and China Construction Bank, have recorded varying degrees of increases, contributing to the overall positive sentiment in the banking sector [2]

Group 1 - The core viewpoint of the article indicates that Chinese bank stocks are expected to rise further due to stable net interest margins and growth in fee income, with potential increases of 15% in A-share banks and 8% in Hong Kong bank stocks [1] - Major Chinese banks such as Agricultural Bank of China and Bank of Communications saw their stock prices increase by over 1%, while other banks also experienced positive growth [1] - Foreign investors are becoming increasingly optimistic about the Chinese stock market, with UBS analysts predicting that the liquidity-driven bull market rebound will last at least until September [1] Group 2 - Specific stock performance data shows Agricultural Bank of China at 5.470 with a rise of 1.11%, Bank of Communications at 6.910 with a rise of 1.02%, and other banks like CITIC Bank and China Merchants Bank also showing positive changes [1] - The report from JPMorgan highlights the potential for further gains in Chinese bank stocks, emphasizing the benefits from improved net interest margins and increased fee income [1] - The overall sentiment in the market reflects a bullish outlook for the banking sector, supported by external analysis and performance metrics [1]

格隆汇8月19日丨天津银行(01578.HK)公告，董事会会议将于2025年8月29日(星期五)举行，以考虑及批 准(其中包括)本行及其附属公司截至2025年6月30日止6个月的中期业绩及其发布。 ...

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。 BANK OF TIANJIN CO., LTD.* 天津銀行股份有限公司 * 董事長 中國，天津 2025年8月19日 於本公告日期，本行董事會包括執行董事于建忠先生、吳洪濤先生、鄭可先生 及董曉東女士；非執行董事董光沛女士、彭沖先生、布樂達先生、幸建華先生、 王順龍先生及王善君先生；獨立非執行董事曾儉華先生、陸建忠先生、顧朝陽先 生、馮景華先生及彭冰先生。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1578） 董事會會議通告 天津銀行股份有限公司*（「本行」）董事會（「董事會」）謹此宣佈，董事會會議將於 2025年8月29日（星期五）舉行，以考慮及批准（其中包括）本行及其附屬公司截至 2025年6月30日止六個月的中期業績及其發佈。 承董事會命 天津銀行股份有限公司* 于建忠 * 天津銀行股份有限公司並非香港法例第155章銀行業條例所指認可機構，不受限於香港金 融管理局的監督，亦不獲授 ...

据悉，天津银行于2015年8月在天津证监局启动IPO辅导备案，本阶段辅导时间自2025年4月15日至本报告出具之日。 辅导备案报告显示，天津银行尚未申请及取得部分外部批复，辅导机构将根据天津银行战略规划安排和具体工作计划，协助发行 人适时进行监管申报，确保天津银行在上市申报前及时取得相关批复。 天津银行2007年由天津市商业银行更名而来，同年获准进京、成为第一家获准进京设立一级分行的城商行。天津保税区投资有限 公司为公司大股东，持股15.94%。 瑞财经 王敏 8月13日，天津银行股份有限公司（以下简称"天津银行"）披露关于首次公开发行股票并上市辅导工作进展报告（第 二十八期），辅导机构为中银证券和中信证券。 2025年一季度，天津银行实现营业收入42.17亿元，较上年同期增长1亿元，增幅2.43%；实现净利润11亿元，较上年同期增长0.40 亿元，增幅3.77%。 相关公司：天津银行hk01578 ...

收入利润同步提升 2023年,天津银行: 实现营业收入 164.6亿元 人民币 同比增加 7.0亿元 增幅 ↑ 4.4% 实现利润总额 39.2亿元 人民币 同比增加 1.1亿元 增幅 ↑ 2.9% 实现净利润 37.7 亿元 人民币 同比增加 2.0亿元 增幅 ↑ 5.7% 归属于本行股东的每股收益 0.62元 人民币 间比增加 △ △2_ （ 懊幅 + 尺 40/_ 天津银行2023年度 业绩快报 2023年是全面贯彻党的二十大精神的开局之年，在 习近平新时代中国特色社会主义思想指引下，在天津市委市 政府的坚强领导下,在金融监管部门指导下，天津银行基于 问题导向和强基导向，凝心聚力、统一思想打好"化险、收 入、成本、存款、诉讼"五大攻坚战以及"能力素质、结构 转型、中间业务、数字银行、监督统筹"五大提速战,经营 成果稳中有进,经营形势稳中向好。 人民币 U.UJ元 经营规模显著增长 截至2023年末,天津银行: 资产总额 8,407.7 12元 人民币 较上年未增加 796.9亿元 人民币 10.5% 增幅 ↑ 其中客户贷款及垫款人民币3,960.1亿元,较上年末增加 人民币586.1亿元,增幅17.4% ...