Core Viewpoint - The recent volatility in precious and base metal markets indicates a shift from a "liquidity easing narrative" to "policy uncertainty pricing," which has triggered adjustments in crowded positions but has not undermined the long-term bullish fundamentals supporting metal prices [1] Group 1: Precious Metals - The geopolitical risk premium has not materially dissipated, with ongoing conflicts from Eastern Europe to the Middle East continuing to erode market trust in traditional safe-haven assets [1] - Central banks' net purchases of gold over several years have fundamentally reshaped the demand structure for gold, providing a non-speculative underlying support for precious metal prices [4] Group 2: Base Metals - The global energy transition and the infrastructure needs for artificial intelligence are creating a long-term growth curve for base metal consumption, with significant increases in the unit usage of copper and aluminum in electric vehicles compared to traditional fuel vehicles [4] - Demand for copper, aluminum, and tin from emerging sectors is projected to exceed 40% of total consumption within the next five years, indicating a permanent upward shift in the demand curve [4] - The "de-financialization" and "re-strategization" of base metals are ongoing, with macroeconomic sentiment-induced pullbacks providing long-term investors with opportunities to reassess under supply-side constraints and robust demand [4] Group 3: Investment Opportunities - The Huatai-PineBridge ETF (159652) covers a comprehensive index of gold, copper, aluminum, lithium, and rare earths, expected to benefit from a super cycle in non-ferrous metals [5] - The index structure features a dual-drive characteristic of traditional cycles and emerging growth, capturing both macroeconomic recovery and industrial transformation opportunities [5] - The ETF has shown a remarkable two-year return rate of 171.24%, significantly outperforming mainstream indices like the CSI 300, with a lower maximum drawdown, indicating a favorable risk-return profile [7]

| 序号 | 当事人名称 | 主要违法违规行为 | 行政处罚内容 | 作出决定机关 | | --- | --- | --- | --- | --- | | | 广昌南银村 | | 对广昌南银村镇 | | | | 镇银行股份 | | 银行股份有限公 | 国家金融监督 | | 1 | 有限公司及 | 违规办理柜面业务 | 司罚款20万 | 管理总局抚州 | | | 相关责任人 | | 元;对吴志鹏、 | 监管分局 | | | | | 陈登富给予警告 | | 在江西银行进行村镇银行布局的过程中，合规方面的问题逐渐显现出来。2025年江西银行及分支机构一共收到7张罚单，其中有两张是百万元级罚单，全年 罚款金额达445.16万元，较2024年明显上升。 2025年中期，江西银行营业收入为46.04亿元，同比减少19.91%；归母净利润为5.58亿元，同比减少10.53%。 近几年，江西银行持续布局村镇银行。2025年4月，江西银行临时股东大会通过了一项议案：收购进贤瑞丰村镇银行的剩余股权，把持股比例提升到93%， 然后改建为支行。 1月21日，国家金融监督管理总局抚州监管分局发布的行政处罚信息公开表显示，广昌南银村镇银 ...

2026年1月22日，江西银行发布公告称，江西银行将对大额存单、理财产品系统升级优化，2026年1月24 日1：00至6：00期间，江西银行将暂停所有渠道（包括柜面、网上银行、手机银行、智能柜台等）的大 额存单、理财产品的购买、提前支取、赎回、撤单、资产查询等交易。 以上暂停时间如缩短，江西银行将正常处理客户交易申请。请您提前做好资金安排，以免影响您的资金 使用。 ...

(责任编辑：徐自立) | 序号 | 当事人名称 | 主要违法违规行为 | 行政处罚内容 | 作出决定机关 | | --- | --- | --- | --- | --- | | 1 | 广昌南银村 | | 对广昌南银村镇 | | | | 镇银行股份 | | 银行股份有限公 | 国家金融监督 | | | 有限公司及 | 违规办理柜面业务 | 司罚款20万 | 管理总局抚州 | | | 相关责任人 | | 元;对吴志鹏、 | 监管分局 | | | | | 陈登富给予警告 | | 中国经济网北京1月22日讯 国家金融监督管理总局21日发布抚州监管分局行政处罚信息公开表。 广昌南银村镇银行股份有限公司及相关责任人存在以下违法违规事实：违规办理柜面业务。 国家金融监督管理总局抚州监管分局决定对广昌南银村镇银行股份有限公司罚款20万元；对吴志 鹏、陈登富给予警告。 江西银行（01916.HK）财报显示，广昌南银村镇银行股份有限公司（「广昌南银」）于2013年12 月30日在江西省抚州市注册成立，注册资本为人民币50.00百万元。广昌南银的主要业务为提供公司及 零售银行服务。截至2024年12月31日，江西银行拥有广昌南银 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 江西銀行股份有限公司 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01916 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,345,500,000 | RMB | | | 1 RMB | | 1,345,500,000 | | 增加 / 減少 (-) | | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 1,345,500,000 | RMB | | | 1 RMB | | 1,345,500,000 | | ...

Core Viewpoint - Jiangxi Bank is committed to promoting green development and supporting local economic transformation through innovative financial products and services, aligning with national goals for sustainable development and ecological civilization [1][5]. Group 1: Green Financial Products - Jiangxi Bank has launched the "Green Transformation Loan" to support traditional industries such as agriculture, copper, and building materials, filling a gap in traditional financial services for industry transformation [2][4]. - The bank's green transformation loan won the first prize for green financial products at the 2025 Jiangxi Province "Tiangong Cup" financial system vocational skills competition, highlighting its innovative approach [2][4]. - The loan features an incentive model where interest rates are linked to companies' carbon reduction targets, providing tailored support for low-carbon transformation [2][4]. Group 2: Achievements in Transformation Financing - As of now, the balance of transformation loans has reached 1.221 billion, with successful loans issued to 10 agricultural enterprises, 4 copper industry enterprises, and 1 chemical industry enterprise, achieving full coverage across the province [4]. - The first agricultural transformation loan of 180 million was issued in Jiujiang, aimed at upgrading inefficient tea gardens, while the first chemical transformation loan of 5 million supported waste heat utilization projects [4]. - Jiangxi Bank has developed a "Guide for Compiling Agricultural Enterprise Transformation Plans," which has been adopted by the Jiangxi Provincial Financial Association as a standard reference for financial institutions [4]. Group 3: Collaboration and Future Goals - Jiangxi Bank is enhancing its international cooperation and information disclosure to align its transformation with that of its clients, having joined the International Sustainability Standards Board and the Principles for Responsible Banking [5]. - The bank has been disclosing its ESG reports for seven consecutive years, including a dedicated section on transformation finance, to ensure transparency and accountability [5]. - Looking ahead, Jiangxi Bank aims to continue supporting the "dual carbon" goals and deepen the integration of transformation finance with local industries, contributing to the construction of a beautiful China [5].

Core Viewpoint - Jiangxi Bank (01916) announced the resignation of Mr. Wei Weifeng as the company secretary and authorized representative effective from December 26, 2025, due to work arrangement adjustments [1] - Ms. Pan Jianying has been appointed as the new company secretary and authorized representative, also effective from December 26, 2025 [1] Summary by Relevant Sections - **Resignation Announcement** - Mr. Wei Weifeng has submitted his resignation from the positions of company secretary and authorized representative of Jiangxi Bank [1] - The resignation is effective from December 26, 2025 [1] - **New Appointment** - Ms. Pan Jianying has been appointed as the new company secretary and authorized representative of Jiangxi Bank [1] - This appointment is also effective from December 26, 2025 [1]

Group 1 - The core point of the article is the resignation of Mr. Wei Weifeng from his position as the company secretary of Jiangxi Bank, effective from December 26, 2025 [1] - Mr. Wei's resignation is due to work arrangement adjustments, and he will also step down as the authorized representative of the bank under the Hong Kong Stock Exchange Listing Rules [1] - Ms. Pan Jianying has been appointed as the new company secretary and authorized representative of Jiangxi Bank, effective from the same date [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之內容概不負責，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 賴該等內容而引致之任何損失承擔任何責任。 JIANGXI BANK CO., LTD.* 江西銀行股份有限公司 * 潘女士現為方圓企業服務集團（香港）有限公司之助理經理，於企業秘書服務範疇 擁有逾六年經驗。彼為香港公司治理公會以及英國特許公司治理公會之會士。此 外，彼畢業於香港都會大學（前稱香港公開大學），持有企業行政學工商管理學士 學位及企業管治碩士學位。 承董事會命 江西銀行股份有限公司* 董事長 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1916） 公司秘書及授權代表之變更 江西銀行股份有限公司（「本行」）董事會（「董事會」）謹此宣佈，魏偉峰先生（「魏 先生」）因工作安排調整，已提出辭呈，辭任(i)本行公司秘書及(ii)根據香港聯合交 易所有限公司（「聯交所」）證券上市規則（「上市規則」）第3.05條項下的本行授權代 表及根據香港法例第622章公司條例第16部代表本行於香港接收法律程序文件及 通知的授權代表（「授權代表」）， ...

Core Viewpoint - Jiangxi Bank's stock price has significantly declined, becoming a "penny stock" with frequent regulatory penalties for various violations [1][2][4]. Regulatory Penalties - Jiangxi Bank has faced multiple fines this year, totaling 6 penalties amounting to 3.832 million yuan [4]. - The bank was fined 400,000 yuan for improper handling of non-performing loans and 1.2 million yuan for violations related to bank acceptance bills [1]. - Additional fines included 672,000 yuan for breaches in account management and customer identification obligations [2]. Stock Performance - Jiangxi Bank's stock price has hovered around 0.70 HKD per share, a significant drop from over 3 HKD in 2021 [1][5]. - The bank was listed on the Hong Kong Stock Exchange at an initial price of 6.39 HKD per share in June 2018 [5]. Management Changes - The bank underwent a leadership change in August 2022, with new appointments for key positions including the chairman and president [4]. Market Evaluation - Jiangxi Bank has been classified as a D-level underwriter in the market evaluation for non-financial corporate debt financing tools, indicating weak business capabilities [4].