Core Viewpoint - Chongqing Bank's Q1 2025 performance exceeded expectations, with significant growth in new loan issuance and deposits, indicating a strong start to the year [2] Financial Performance - Q1 2025 operating income, PPOP, and net profit attributable to shareholders grew by 5.30%, 4.10%, and 5.33% year-on-year, respectively, with increases of 1.76 percentage points, 1.34 percentage points, and 1.53 percentage points compared to 2024 [1] - The bank's new loan issuance reached 32.95 billion, significantly higher than historical levels, with a year-on-year growth rate of 16.4%, up 4.1 percentage points from the previous year [2] - Total deposits increased by 49.7 billion in Q1 2025, accounting for 83.8% of the total deposits for the previous year, with a year-on-year growth rate of 19.3%, up 5 percentage points [2] Interest Margin and Asset Quality - The net interest margin for Q1 2025 was 1.52%, an increase of 37 basis points from Q4 2024, driven by improvements in both asset and liability sides [2] - The non-performing loan ratio at the end of Q1 2025 was 1.21%, a decrease of 4 basis points from Q4 2024, indicating improved asset quality [2] Revenue Streams - Net fee and commission income turned negative, declining by 1.84% year-on-year due to a high base from the previous year [3] - Other non-interest income saw a significant decline of 69.86% year-on-year, impacted by long-term bond rate adjustments and a high base from the previous year [3] Capital Adequacy - The core Tier 1 capital adequacy ratio decreased to 9.12%, down 0.76 percentage points from Q4 2024, due to adjustments in the bond market and accelerated capital consumption from rapid asset expansion [3] Strategic Focus - The bank is focusing on supporting major regional development strategies, including the Chengdu-Chongqing economic circle and the Western Land-Sea New Corridor, while also enhancing its wealth management and light capital business [3]

黃漢興 （副董事長） 郭喜樂 吳珩 獨立非執行董事 BANK OF CHONGQING CO., LTD. * * 1963 董事名單與其角色和職能 重慶銀行股份有限公司*（「本行」）董事會（「董事會」）成員載列如下。 執行董事 楊秀明 （董事長） 高嵩 （行長） 侯曦蒙 非執行董事 朱燕建 劉瑞晗 汪欽琳 曾宏 陳鳳翔 - 1 - 董事會設有八個委員會，下表提供各董事擔任有關委員會成員的資料。 | 董事會專門委員會 | | | | | | | | 消費者 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 戰略與 | 風險管 | | 關聯交 | | 薪酬與 | 信息科 | 權益保 | | 董事 | 創新委 | 理委員 | 審計委 | 易控制 | 提名委 | 考核委 | 技指導 | 護委員 | | | 員會 | 會 | 員會 | 委員會 | 員會 | 員會 | 委員會 | 會 | | 楊秀明 | C | | | | | | | | | 高嵩 | | C | | | | | | | | 侯曦蒙 | | | | | | | C | | | 黃 ...

证券代码：601963 证券简称：重庆银行 公告编号：2025-030 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 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 2025 年 3 月 25 日在上海证 券交易所网站（www.sse.com.cn）披露了《关于股东权益变动的提示性公告》（公 告编号：2025-020）。为增强国有企业服务与保障国家战略能力，提质提速水务 水利和环境基础设施建设，重庆水务环境控股集团有限公司拟通过国有股权无偿 划转方式合计取得重庆市水利投资（集团）有限公司（以下简称"水投集团"） 100%的股权，从而间接取得本行 8.50%的股份。上述划转事项完成后，水投集 团将成为本行第一大股东重庆渝富资本运营集团有限公司（以下简称"渝富资本"） 的一致行动人。 关于股东权益变动事项的进展公告 重庆银行股份有限公司董事会 2025 年 4 月 28 日 1 近日，本行收到渝富资本控股股东重庆渝富控股集团有限公司通知，上述无 偿划转事项的工商变更 ...

今日（2025年4月28日）银行板块全天逆市走强，延续对等关税事件以来的强劲防御性。A股顶流银行ETF（512800）场内价格一度涨逾1%，收涨0.84%， 全天成交额3.16亿元，环比放量。 | 分时 多日 1分 5分 = | 综合屏 F9 前复权 超级参加 画线 工具 ◇ ② » | 1 5 5 +0.013 +0.84% | 512800.SHI银行ETFI 2025/04/28 收1.558 幅0.84%(0.013) 开1.544 高1.561 低回 | | | | | --- | --- | --- | --- | --- | --- | --- | | MA5 1.5451 MA10 1.5391 MA20 1.5201 MA60 1.5091 MA120 1.4691 MA250 1.3691 ▼ = | SSE CNY 15:00:18 闭市 | | | | | | | 1.56 | 净值走势华宝中证银行ETF | 492 | 1.540 | 196 | | | | 2.57 | 20H | 1.485 | 委比11.57% 委差 - 11913 | 534 | 60H | | | 1.45 ...

Core Insights - The four municipalities in China—Beijing, Shanghai, Tianjin, and Chongqing—play a crucial role in the country's economic development and face various challenges amid economic restructuring and competitive pressures [1][19][20] - Beijing Bank, once a leader among city commercial banks, is experiencing stagnation in profit growth and increased competition from peers like Jiangsu Bank and Ningbo Bank [2][3][19] - Shanghai Bank is struggling with declining net interest income and has seen its ranking drop among city commercial banks, despite a notable increase in non-interest income [7][8][19] - Chongqing Bank shows potential for growth with a significant increase in total assets, but it faces challenges related to its business structure, heavily weighted towards corporate loans [12][19] - Tianjin Bank's performance is inconsistent, with significant fluctuations in profits and a declining personal loan portfolio, raising concerns about its future stability [15][19][20] Summary by Company Beijing Bank - As of December 2024, Beijing Bank's total assets reached 42,215.42 billion yuan, a 12.61% increase year-on-year, but net profit growth has slowed to 0.81% [2][19] - The bank's net interest margin has decreased from 1.95% in 2019 to 1.47% in 2024, indicating challenges in profitability [3][19] - The bank is exploring diversification into children's financial services, with over 2 million child financial clients [4][19] Shanghai Bank - Shanghai Bank reported total assets of 32,266.56 billion yuan as of December 2024, with a 4.6% year-on-year increase [7][19] - The bank's net interest income fell by 7.62% in 2024, leading to a net interest margin of only 1.17%, below the industry average [8][19] - Non-interest income grew significantly, with investment income increasing by 94.42% in 2024, highlighting the bank's adaptability in financial markets [9][19] Chongqing Bank - Chongqing Bank's total assets reached 8,566.42 billion yuan, a 12.73% increase year-on-year, marking the highest growth rate since 2018 [12][19] - The bank's loan structure is heavily skewed towards corporate loans, with retail loan growth lagging at only 2.81% [12][19] - The bank's net interest margin was reported at 1.35%, indicating a need for improvement in profitability [13][19] Tianjin Bank - Tianjin Bank's total assets were 9,259.94 billion yuan as of December 2024, a 10.1% increase, but its net profit growth was only 1.1% [15][19] - The bank's personal consumption loan portfolio has declined significantly over the past five years, raising concerns about asset quality [17][19] - The bank's capital adequacy ratios have also decreased, indicating potential challenges in maintaining financial stability [18][19]

Group 1 - The banking sector has shown positive performance, with the China Securities State-Owned Enterprises Dividend Index (000824) rising by 0.10% and several constituent stocks experiencing significant gains, such as Chongqing Bank (601963) up by 7.21% and Jiangsu Jinzu (600901) up by 5.57% [1] - The National State-Owned Enterprises Dividend ETF (159515) has seen a growth in scale of 979.54 million yuan this month, ranking it in the top half among comparable funds [1] - The Central Political Bureau of the Communist Party of China held a meeting on April 25, focusing on economic themes and indicating a continuation of policy support [1] Group 2 - Huachuang Securities noted that large banks are advancing their capital increase plans, and the mid-term dividend strategy is still in progress, indicating sustained long-term investment value in the banking sector [2] - The low interest rate environment continues to highlight the stability of bank earnings and dividends, with high dividend yield banks showing absolute returns [2] - The positive economic trend remains unchanged, with monetary and fiscal policies being firmly implemented since October 2024, which is expected to stabilize bank asset quality and support credit growth [2] Group 3 - As of March 31, 2025, the top ten weighted stocks in the China Securities State-Owned Enterprises Dividend Index accounted for 15.22% of the index, with companies like COSCO Shipping Holdings (601919) and Jizhong Energy (000937) among the top [3] - The performance of individual stocks within the index varies, with some stocks like Nanjing Steel (600282) showing a gain of 2.07%, while others like Hengyuan Coal Power (600971) saw a decline of 2.64% [5]

Group 1 - Chongqing Bank's stock rose over 7% following the release of its Q1 2025 earnings report, with a current price of 7.61 HKD and a trading volume of 43.67 million HKD [1] - For Q1 2025, Chongqing Bank reported operating income of 3.496 billion RMB, a year-on-year increase of 6.05%, and a net profit attributable to shareholders of 1.624 billion RMB, up 5.33% year-on-year [1] - As of March 31, 2025, the bank's total assets reached 931.699 billion RMB, an increase of 75.057 billion RMB from the end of the previous year, representing an 8.76% growth [1] Group 2 - Pacific Securities noted a significant increase in net interest income for Q1 2025, amounting to 3.144 billion RMB, which is a year-on-year growth of 28.08% [2] - The net interest margin for Q1 2025 was estimated at 1.54%, a slight year-on-year decrease of 1 basis point, with interest-earning and interest-paying rates at 3.84% and 2.28%, respectively [2] - The company is benefiting from major strategic initiatives such as the Chengdu-Chongqing economic circle and the construction of the Western Land-Sea New Corridor, leading to steady growth in scale and continuous improvement in asset quality indicators through increased disposal of non-performing assets [2]

打包市场龙头，抢反弹就买指数ETF>> 银行股持续拉升，重庆银行（601963）涨近6%，青岛银行（002948）、江苏银行（600919）、常熟银 行（601128）、工商银行（601398）、建设银行（601939）纷纷上扬。 ...

Core Viewpoint - Chongqing Bank reported strong financial performance in Q1 2025, with total assets exceeding 900 billion yuan and a focus on strategic initiatives to support regional development and optimize services [1] Financial Performance - As of the end of Q1 2025, total assets reached 931.6 billion yuan, an increase of 8.8% compared to the end of the previous year [1] - Net profit for Q1 2025 was 1.707 billion yuan, reflecting a year-on-year growth of 5.4% [1] - Operating income amounted to 3.581 billion yuan, also up 5.3% year-on-year, marking five consecutive quarters of growth in both profit and revenue [1] - The non-performing loan ratio decreased by 0.04 percentage points to 1.21%, while the provision coverage ratio increased by 2.5 percentage points to 247.6% [1] Market Position - In Q1 2025, Chongqing Bank's total asset growth, loan growth, and deposit growth were among the highest in the Chongqing banking sector [1] - The total asset increment in Q1 2025 was 3.6 times that of the same period last year, with deposit growth at 2.1 times and general loan growth at 2.2 times [1] Strategic Initiatives - Chongqing Bank actively supports major strategic projects, contributing to the construction of the Chengdu-Chongqing economic circle by financing over 70 major projects in Q1 2025, with a credit balance increase of over 30 billion yuan [2] - The bank also supported the construction of the Western Land-Sea New Corridor, with financing balance growth exceeding 10 billion yuan in Q1 2025 [2] - The bank provided over 20 billion yuan in loans to state-owned enterprises and park construction in the city as part of its reform initiatives [2] Support for Real Economy - Chongqing Bank focuses on supporting the high-quality development of the manufacturing sector, with manufacturing loans increasing by nearly 4 billion yuan in Q1 2025 [3] - Loans to technology enterprises grew by over 12 billion yuan, reflecting the bank's commitment to fostering innovation [3] - The bank enhanced its green finance initiatives, with green loans increasing by over 11 billion yuan [3] - The "Xiyu Jinfu" inclusive finance brand continued to perform well, with inclusive loans growing by nearly 7 billion yuan [3]

Financial Performance - Operating income for Q1 2025 was RMB 3.50 billion, reflecting a 6.05% increase year-on-year[5] - Net profit for the quarter reached RMB 1.71 billion, up by 5.43% from the same period last year[5] - Basic earnings per share were RMB 0.47, representing a 6.82% increase year-on-year[5] - The net profit for the three months ended March 31, 2025, was CNY 1.707 billion, an increase of CNY 0.088 billion, representing a growth of 5.43% year-on-year[18] - Operating income for the same period was CNY 3.496 billion, an increase of CNY 0.200 billion, with a growth rate of 6.05%[18] - Net interest income for Q1 2025 reached RMB 3,144,055 thousand, an increase of 28.0% compared to RMB 2,454,742 thousand in Q1 2024[22] - Total operating income for Q1 2025 was RMB 3,496,188 thousand, up 6.1% from RMB 3,296,629 thousand in Q1 2024[22] - The net profit for Q1 2025 was RMB 1,706,879 thousand, representing a 5.4% increase from RMB 1,619,038 thousand in Q1 2024[22] Asset and Liability Management - Total assets increased by 8.76% to RMB 931.70 billion compared to the end of 2024[5] - Total liabilities grew by 9.38% to RMB 867.24 billion from the previous year[5] - Customer loans and advances rose by 7.48% to RMB 473.59 billion year-on-year[5] - Customer deposits increased by 10.48% to RMB 523.82 billion compared to the end of 2024[5] - As of March 31, 2025, the total assets of the group reached CNY 931.699 billion, an increase of CNY 75.057 billion, representing a growth of 8.76% compared to the end of the previous year[17] - Customer deposits amounted to CNY 523.824 billion, an increase of CNY 49.707 billion, with a growth rate of 10.48%[17] - Total customer loans and advances reached CNY 473.589 billion, an increase of CNY 32.973 billion, reflecting a growth of 7.48%[17] - The company’s total liabilities increased to RMB 867,235,100 thousand as of March 31, 2025, compared to RMB 792,877,922 thousand at the end of 2024, reflecting a growth of 9.3%[25] Capital Adequacy and Ratios - The core tier 1 capital ratio stood at 9.12%, down from 9.88% at the end of 2024[8] - The capital adequacy ratio at the end of the reporting period was 13.40%, with a decline of 1.06 percentage points compared to the end of the previous year[20] - The group’s core tier 1 capital adequacy ratio was 9.12%, down 0.76 percentage points from the previous year-end[20] - The leverage ratio was 6.23%, down from 6.66% at the end of 2024[11] Cash Flow Analysis - Cash flow from operating activities for Q1 2025 was RMB 41,375,516 thousand, a significant recovery from a negative cash flow of RMB 19,281,439 thousand in Q1 2024[26] - Cash flow from investing activities for Q1 2025 showed a net outflow of RMB 36,502,508 thousand, compared to a net inflow of RMB 22,293,332 thousand in Q1 2024[27] - Cash flow from financing activities resulted in a net outflow of RMB 4,479,067 thousand, an improvement from RMB 9,576,375 thousand in Q1 2024[27] - The net increase in cash and cash equivalents for Q1 2025 was RMB 426,585 thousand, contrasting with a decrease of RMB 6,554,848 thousand in Q1 2024[27] - The ending balance of cash and cash equivalents rose to RMB 16,696,427 thousand from RMB 12,747,581 thousand in the previous year[27] Shareholder Information - The top ten shareholders held a total of 2.99 billion shares, accounting for 86.01% of the total share capital[16] - Pledged shares amounted to 130.568 million shares, accounting for 3.76% of the total share capital[19] Non-Performing Loans - The non-performing loan balance was CNY 5.694 billion, with a non-performing loan ratio of 1.21%, a decrease of 0.04 percentage points from the end of the previous year[17] Other Comprehensive Income - The company’s other comprehensive income for Q1 2025 was a loss of RMB 1,007,219 thousand, compared to a gain of RMB 462,061 thousand in Q1 2024[24] Investment Activities - Cash received from the disposal of fixed assets, intangible assets, and other long-term assets decreased to RMB 6,412 thousand from RMB 12,848 thousand year-over-year[27] - Cash received from investment recoveries significantly dropped to RMB 11,952,895 thousand from RMB 27,392,609 thousand in the previous year[27] - Cash paid for investments surged to RMB 50,396,372 thousand, compared to RMB 7,475,583 thousand in Q1 2024[27] - Cash paid for dividends to shareholders was RMB 552,408 thousand, marking a new expense in Q1 2025[27] Exchange Rate Impact - The impact of exchange rate changes on cash and cash equivalents was an increase of RMB 32,644 thousand, up from RMB 9,634 thousand in the previous year[27]