经中国证券监督管理委员会《关于核准重庆银行股份有限公司公开发行可转 换公司债券的批复》（证监许可〔2022〕505 号）核准，重庆银行股份有限公司 （以下简称"本行"）获准向社会公开发行面值总额人民币 130 亿元的可转换公 司债券（以下简称"可转债"或"重银转债"），每张面值人民币 100 元，按面 值发行，期限 6 年，票面利率第一年为 0.20%、第二年为 0.40%、第三年为 1.00%、 第四年为 1.70%、第五年为 2.50%、第六年为 3.50%。 证券代码：601963 证券简称：重庆银行 公告编号：2026-013 可转债代码：113056 可转债简称：重银转债 重庆银行股份有限公司 关于可转债转股结果暨股份变动公告 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、可转债发行上市概况 单位：股 | 股份类别 | | 变动前 | 本次可转债转股 | 其他变动 | 变动后 | | --- | --- | --- | --- | --- | --- | | | （2025 年 | 12 月 31 ...

FF301 第 1 頁 共 10 頁 v 1.2.1 本月底法定/註冊股本總額： RMB 3,625,749,850 2. 股份分類 普通股 股份類別 A 於香港聯交所上市 (註1) 否 證券代號 (如上市) 601963 說明 A股 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 1,895,570,092 RMB 1 RMB 1,895,570,092 增加 / 減少 (-) 151,158,946 RMB 151,158,946 本月底結存 2,046,729,038 RMB 1 RMB 2,046,729,038 致：香港交易及結算所有限公司 公司名稱: 重慶銀行股份有限公司 呈交日期: 2026年4月1日 | 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) | 01963 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | ...

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，概不就因本公告全部或任何部分內容 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。 （股份代號：1963） BANK OF CHONGQING CO., LTD.* 重慶銀行股份有限公司* （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） 海外監管公告 代表董事會 重慶銀行股份有限公司* 董事長 楊秀明 中國重慶，2026年3月31日 於本公告刊發日期，本行的執行董事為楊秀明先生、高嵩先生及侯曦蒙女士；本行的非 執行董事為黃漢興先生、郭喜樂先生、吳珩先生、付巍先生、周宗成先生及余華先生； 本行的獨立非執行董事為朱燕建先生、劉瑞晗女士、汪欽琳女士、曾宏先生及陳鳳翔先 生。 * 本行經中國銀行業監督管理機構批准持有B0206H250000001號金融許可證，並經重慶市市 場監督管理局核准領取統一社會信用代碼為91500000202869177Y號的企業法人營業執照。 本行根據香港銀行業條例（香港法例第155章）並非一家認可機構，並非受限於香港金融管 理局的 ...

证券代码：601963 证券简称：重庆银行 公告编号：2026-012 可转债代码：113056 可转债简称：重银转债 重庆银行股份有限公司 第七届董事会第二十二次会议决议公告 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。 重庆银行股份有限公司（以下简称"本行"）于 2026 年 3 月 26 日发出第七 届董事会第二十二次会议通知，会议于 3 月 31 日以现场会议方式在本行总行 27 楼三会议室召开。会议由杨秀明董事长主持，应参会董事 14 名，实际参会董事 14 名，本行高级管理人员列席了会议。会议的召开符合法律法规及《重庆银行 股份有限公司章程》（以下简称"《公司章程》"）的有关规定。 会议审议通过了以下议案： 一、关于提名施晓盛先生为重庆银行股份有限公司非执行董事候选人的议案 议案表决情况：有效表决票 14 票，同意 14 票，反对 0 票，弃权 0 票。 本行收到重庆高速公路集团有限公司（以下简称"重庆高速集团"）董事候 选人提名函，重庆高速集团于 2026 年 3 月 24 日通过可转债转股方式增持本行 151, ...

Investment Rating - The report maintains a "Buy" rating for Chongqing Bank [1][6][9] Core Views - Chongqing Bank's revenue and net profit both grew by over 10% year-on-year, indicating a stable operational performance [6] - The bank's public loans increased by over 30% year-on-year, with strong performance in underwriting business [6] - The net interest margin has stabilized and improved, with a decrease in the cost of liabilities [6] - The quality of assets remains robust, with a decline in the proportion of non-performing and overdue loans [6][7] Financial Performance Summary - In 2025, Chongqing Bank achieved operating revenue of 15.113 billion yuan, up 10.48% year-on-year, and a net profit attributable to shareholders of 5.654 billion yuan, up 10.49% year-on-year [6] - The net interest income increased by 22.44% year-on-year, while non-interest income decreased by 24.24% [6] - The bank's public loans increased by 96.864 billion yuan, representing a year-on-year growth of 30.95% [6] - The net interest margin improved by 4 basis points to 1.39%, primarily due to a 40 basis point decrease in the cost of interest-bearing liabilities [6] Asset Quality Summary - As of the end of 2025, the non-performing loan ratio was 1.14%, stable compared to Q3 2025 [7] - The proportion of special mention loans was 1.94%, and overdue loans accounted for 1.36%, both showing a decline from Q2 2025 [6][7] - The coverage ratio for provisions was 245.58%, a decrease of 2.53 percentage points from Q3 2025 [7] Forecast Summary - Revenue growth rates are projected at 9.14%, 9.11%, and 9.44% for 2026, 2027, and 2028 respectively [9] - Net profit growth rates are forecasted at 9.19%, 7.68%, and 8.59% for the same years [9] - The estimated earnings per share (EPS) are 1.70 yuan, 1.84 yuan, and 2.00 yuan for 2026, 2027, and 2028 respectively [9]

Investment Rating - The report maintains a "Buy" rating for Chongqing Bank, with a target price of 12.42 CNY per share, based on a projected PB of 0.62X for 2026 [3][5]. Core Insights - Chongqing Bank has demonstrated strong growth in its core revenue, with a notable increase in net interest income and a stable net interest margin. The bank's total loan growth reached 20.7% year-on-year, driven primarily by corporate loans [2][8]. - The bank's asset quality is improving, with a non-performing loan (NPL) ratio holding steady at 1.14%. The report highlights a decrease in the NPL ratio for corporate loans, while individual loans show some pressure [8]. - The bank's financial forecasts indicate a steady increase in net profit, with expected growth rates of 10.2% for 2026, 10.5% for 2027, and 10.6% for 2028 [3][4]. Financial Performance Summary - **Revenue and Profit Growth**: The bank's operating income is projected to grow from 13,679 million CNY in 2024 to 19,773 million CNY in 2028, with a compound annual growth rate (CAGR) of approximately 9.3% [4]. - **Net Profit**: The attributable net profit is expected to rise from 5,117 million CNY in 2024 to 7,612 million CNY in 2028, reflecting a consistent growth trajectory [4]. - **Earnings Per Share (EPS)**: EPS is forecasted to increase from 1.32 CNY in 2024 to 2.01 CNY in 2028, indicating strong profitability [4]. - **Valuation Metrics**: The bank's price-to-earnings (P/E) ratio is projected to decrease from 7.92 in 2024 to 5.44 in 2028, while the price-to-book (P/B) ratio is expected to decline from 0.72 to 0.51 over the same period [4][5].

Investment Rating - The report maintains a "Recommend" rating for Chongqing Bank, with a target price of 13.01 CNY / 9.48 HKD [2][8]. Core Insights - Chongqing Bank reported a revenue of 15.113 billion CNY for 2025, reflecting a year-on-year growth of 10.48%. The net profit attributable to shareholders reached 5.654 billion CNY, also up by 10.49% year-on-year. The non-performing loan (NPL) ratio increased slightly by 1 basis point to 1.14%, while the provision coverage ratio decreased by 2.5 percentage points to 245.6% [2][8]. - The bank's net interest income saw a significant increase, with a year-on-year growth of 47.7% in Q4 2025, driven by strong corporate lending and stable interest margins. The overall revenue growth for the year remained above 10% despite fluctuations in non-interest income [7][8]. - The bank's credit scale maintained a robust growth of 20.7% year-on-year by the end of 2025, primarily due to strong demand for corporate loans in the Sichuan-Chongqing region, supported by national strategic initiatives [7][8]. - The net interest margin remained stable at 1.39% in Q4 2025, with a year-on-year increase of 5 basis points to 1.38%. The decline in funding costs contributed to this stability [7][8]. - Asset quality remained generally stable, with the NPL ratio slightly increasing to 1.14%. The bank has increased its provisioning efforts due to pressures on retail loan quality, but overall risk management remains under control [7][8]. Financial Summary - For 2025, the total revenue is projected at 15.113 billion CNY, with a year-on-year growth rate of 10.48%. The net profit attributable to shareholders is expected to be 5.654 billion CNY, also reflecting a growth of 10.50% [9]. - The bank's total assets are estimated to reach 1,033.726 billion CNY in 2025, with a projected increase to 1,182.807 billion CNY by 2026 [10][13]. - The NPL ratio is expected to gradually decrease to 1.09% by 2028, while the provision coverage ratio is projected to decline to 214% in the same year [11][13].

Investment Rating - The report maintains an "Accumulate" rating for Chongqing Bank [5]. Core Views - Chongqing Bank has demonstrated strong growth in total assets and loans, with a total asset growth rate of 20.62% and a loan growth rate of 20.72% in 2025 [2]. - The net interest margin remains stable at 1.39%, with a slight improvement of 4 basis points compared to the previous year [2]. - Asset quality is stable and improving, with a non-performing loan ratio of 1.14% and a coverage ratio of 245.58% as of the end of 2025 [2]. Summary by Relevant Sections Performance - In 2025, Chongqing Bank reported a year-on-year growth in operating income, PPOP, and net profit attributable to shareholders of 10.48%, 10.70%, and 10.49% respectively [1]. - The bank's total assets reached approximately 1,033.73 billion, with total loans at 529.12 billion and total deposits at 565.70 billion by the end of 2025 [12]. Non-Interest Income - Non-interest income decreased by 24.24% year-on-year, primarily due to a 32.66% decline in net fee income [3]. - The bank is focusing on transforming its wealth management strategy and enhancing investment risk management, although market conditions have impacted its performance [3]. Interest Margin and Capital - The net interest margin is stable, with a slight decrease in the yield on interest-earning assets to 3.53% and a reduction in the cost of interest-bearing liabilities to 1.47% [2]. - The core Tier 1 capital adequacy ratio was 8.53% at the end of 2025, with potential improvement expected from the conversion of convertible bonds [3]. Asset Quality - The non-performing loan ratio remained stable at 1.14%, with a decrease in the attention ratio to 1.94% [2]. - Retail asset quality remains under pressure, while corporate loan non-performing ratios have slightly improved [2].

Investment Rating - The report maintains a "Buy" rating for Chongqing Bank with a target price raised to 12.7 CNY [2][6]. Core Insights - Chongqing Bank's revenue and net profit attributable to shareholders are expected to grow by 10.5% year-on-year in 2025, supported by a resilient regional credit demand and improved funding costs [2][12]. - The net interest margin (NIM) and return on equity (ROE) have increased by 4 basis points and 21 basis points year-on-year to 1.39% and 9.5%, respectively [2][12]. - The bank's asset quality remains stable, with a non-performing loan (NPL) ratio holding steady at 1.14% [12]. Financial Summary - Revenue projections for 2025 are set at 15,113 million CNY, reflecting a 10.5% increase from 2024 [4]. - Net profit attributable to shareholders is forecasted at 6,105 million CNY for 2025, marking a 10.6% increase [4]. - The bank's net interest income is expected to grow by 22.4% in 2025, contributing 82.4% of total revenue [12]. - The bank's total assets, loans, and deposits are projected to grow by 20.7%, 20.7%, and 19.5% year-on-year, respectively [12]. - The bank's capital adequacy ratio is projected to be 14.5% in 2024, with a core tier 1 capital adequacy ratio of 8.53% [8][13].

Investment Rating - The report maintains a "Recommended" rating for Chongqing Bank (stock code: 601963) [1] Core Views - Chongqing Bank has demonstrated robust double-digit growth in performance, with both volume and price factors contributing positively to its results [1] - The bank's revenue for 2025 reached 15.113 billion yuan, reflecting a year-on-year increase of 10.48%, while the net profit attributable to shareholders was 5.654 billion yuan, also up by 10.49% [3] - The bank's net interest income increased by 22.44% year-on-year to 12.459 billion yuan, benefiting from stable interest margins and strong asset expansion [3] - The bank's non-interest income faced pressure, declining by 24.24% year-on-year to 2.654 billion yuan, primarily due to a significant drop in agency wealth management income [3] - Asset quality has improved for corporate loans, with a non-performing loan (NPL) ratio of 1.14%, while retail loan risks have slightly increased [3] - The bank's capital adequacy ratio stands at 12.55%, with a core Tier 1 capital ratio of 8.53%, indicating sufficient risk absorption capacity [3] Financial Performance Summary - Revenue and net profit for 2025 were 15.113 billion yuan and 5.654 billion yuan, respectively, with growth rates of 10.48% and 10.49% [39] - The bank's total loans increased by 20.72% year-on-year, with corporate loans growing by 30.95% [3] - The bank's non-performing loan ratio improved to 1.14%, with corporate loans showing a decline in NPL ratio to 0.71% [3] - The bank's dividend payout ratio for 2025 is stable at 30% [3] - Forecasted BVPS for 2026-2028 are 17.04 yuan, 18.64 yuan, and 20.70 yuan, with corresponding PB ratios of 0.64X, 0.59X, and 0.53X [3]