第 7 頁 共 10 頁 v 1.1.1 IV. 有關香港預託證券(預託證券)的資料 不適用 第 8 頁 共 10 頁 v 1.1.1 V. 確認 根據《主板上市規則》第13.25C條 / 《GEM上市規則》第17.27C條，我們在此確認，據我們所知所信，發行人在本月的每項證券發行或庫存股份出售或轉 讓（如第III部及第IV部所述但未曾於根據 《主板上市規則》第13.25A條 /《GEM上市規則》第17.27A條所刊發的報表中披露）已獲發行人董事會正式授權批准，並遵照所有適用上市規則、法律及其 他監管規定進行，並在適用的情況下： 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8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: 重慶銀行股份有限公司 呈交日期: 2025年9月3日 I. 法定/註冊股本變動 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 上月底結存 1,579,020,812 RMB 1 RMB 1,579,020,812 增加 / 減少 (-) RMB 本月底結存 1, ...

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: 2025年9月3日 I. 法定/註冊股本變動 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8月31日 狀態: 新提交 | 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 | | | 上月底結存 | | | 1,579,020,812 | RMB | | 1 RMB | | 1,579,020,812 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 1,579,020,812 | RMB | | 1 RMB | | 1,579,020,812 | | 2. 股份分類 | 普通股 | 股份類別 | A ...

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8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: 重慶銀行股份有限公司 呈交日期: 2025年9月3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) | 01963 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,579,020,812 | RMB | | 1 RMB | | 1,579,020,812 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 1,579,020,812 | RMB | | 1 RMB | | 1,579,020,812 | | 2. 股份分類 | 普通股 | 股份類別 | A ...

Core Viewpoint - Chongqing Bank has made significant progress in its operations and financial performance in 2025, achieving a total asset milestone of 1 trillion yuan and positioning itself as a leading city commercial bank in China [3][5]. Group 1: Financial Performance Highlights - As of July, the total assets of Chongqing Bank reached 1,008.7 billion yuan, marking it as the first city commercial bank in China to exceed this threshold [5]. - The bank's deposits and loans exceeded 540 billion yuan and 500 billion yuan, respectively, with year-to-date growth rates of 14.8% and 13.6% [5]. - The bank reported a revenue of nearly 7.7 billion yuan, net interest income exceeding 5.8 billion yuan, and a net profit close to 3.4 billion yuan, reflecting year-on-year growth of 7%, 12.2%, and 5.7% respectively [5]. Group 2: Strategic Initiatives and Market Position - The bank has actively supported national strategies such as the Chengdu-Chongqing Economic Circle and the Western Land-Sea New Corridor, providing nearly 140 billion yuan in credit support for regional projects [6][11]. - Chongqing Bank's loan growth in the first half of the year was 60 billion yuan, leading the financial institutions in Chongqing with a market share of 5.22%, an increase of 0.54 percentage points [5]. - The bank has implemented over 30 measures to support high-quality development in manufacturing and private sectors, with manufacturing loans growing by 26% year-on-year [6][12]. Group 3: Risk Management and Operational Efficiency - The bank's non-performing loan ratio stood at 1.17%, with a coverage ratio of 248.3%, indicating improved asset quality [5][19]. - The bank has enhanced its risk management framework, introducing new customer rating models and improving risk identification and disposal capabilities [19]. - The bank's net interest margin increased by 4 basis points to 1.39%, supported by effective asset-liability management [8][19]. Group 4: Innovation and Digital Transformation - Chongqing Bank has focused on digital innovation, enhancing its digital credit products and achieving a 35% increase in its digital loan offerings [8][14]. - The bank has developed a data-driven service system, improving customer acquisition efficiency by 28% and tripling the efficiency of its authorization review process [9][14]. - The bank has also launched new financial products, including green loans and specialized credit products for small and micro enterprises, contributing to a 99 billion yuan increase in inclusive loans [12][14].

Investment Rating - The report rates the industry as "Outperforming the Market" [4] Core Insights - The report emphasizes that the evolution of local government financing behavior and regulatory adjustments over the past two decades have significantly influenced the financial sector. It predicts that the proportion of bank credit in local government debt will increase from 38% to 42% during the "14th Five-Year Plan" period, with an annual growth rate fluctuating between 10% and 17% [1][18][19] - City commercial banks (CCBs) have played a crucial role in supporting local government debt resolution, with their credit growth in government-related loans outpacing that of other banks. The report identifies a complementary relationship between CCBs' government-related loan growth and the issuance of urban investment bonds [1][2] - The report forecasts that CCBs will take on greater responsibilities in the future, driven by increasing state ownership, leadership changes reflecting regulatory attributes, and strong local government relationships. This will enhance local market competitiveness and provide growth opportunities for CCBs [2][18] Summary by Sections 1. Changes in Local Government Financing Structure - The report outlines the historical evolution of local government debt and financing needs, highlighting the significant role of regulatory and policy adjustments in shaping the financial sector [14][18] - It provides a detailed analysis of local government debt structure changes from 2008 to 2025, noting the shift from bank loans to urban investment bonds and shadow banking during various phases [19][24] 2. CCBs' Role in Debt Resolution - CCBs have shown proactive engagement in local government debt resolution, with their government-related loan growth significantly higher than that of other banks. The report indicates that CCBs have effectively supplied funds during periods of heightened repayment pressure [1][2][19] 3. Future Prospects for CCBs - The report identifies several CCBs, including Chongqing Bank, Xiamen Bank, and Shanghai Bank, as potential winners during the "14th Five-Year Plan" period, expecting them to achieve faster expansion and higher returns for investors [2][3] - It predicts that the overall valuation of CCBs will have substantial room for improvement, estimating a price-to-book (PB) ratio of 0.7x by the end of 2026 and 1.22x by the end of 2030 [2][3] 4. Investment Recommendations - The report recommends focusing on specific CCBs such as Chongqing Bank, Xiamen Bank, Shanghai Bank, Qilu Bank, and Chengdu Bank for potential investment opportunities [3][6]

9月2日，重庆银行（601963）（601963）2025年半年度业绩说明会如期举办，公司核心高管悉数亮相，与投资者共话未来发 展新蓝图。 中报显示，重庆银行今年上半年实现营业收入76.59亿元，同比增长7%；归属于股东的净利润31.90亿元，同比增长5.39%， 在城商行盈利普遍承压的环境中展现出强劲韧性。 图/重庆银行董事长杨秀明介绍"三降一增"情况 针对投资者关于公司资产规模突破1万亿元后布局有关情况，公司方面回应称：重庆银行始终坚持围绕国家重大战略，服务 实体经济，协同高效、共同作战，资产规模突破1万亿元将作为我们工作的新起点。接下来，重庆银行将重点围绕资产结构 优化、夯实与拓展客群、提升市场化定价能力等方面，推动业务迈上新台阶。 图/重庆银行中报业绩说明会投资者问答 公司表示，将保持战略定力，持续提升金融服务的专业性、有效性，为广大股东、客户和投资者创造更大的价值回馈。 值得指出的是，截至今年7月末，重庆银行集团口径资产总额突破1万亿元，达到10087亿元，提前完成其"十四五"战略规划 目标。 必须看到，在银行业整体面临息差收窄压力的背景下，重庆银行上半年以核心风控指标的"三降一增"实现了高质量发展 ...

Core Viewpoint - Chongqing Bank's stock has experienced a decline of 1.42% on September 1, with a trading volume of 133 million yuan and a total market capitalization of 33.703 billion yuan [1] Dividend Analysis - Chongqing Bank's dividend yields over the past three years were 5.83%, 5.86%, and 4.46% respectively [2] - The bank has launched various financial products to support rural revitalization, including "Rural Revitalization Loans" and "Live Pig Collateral Loans" [2] - The bank aims to enhance credit support for new agricultural operators and strengthen cooperation with government-backed financing guarantee companies [2] Fund Flow Analysis - The main capital flow for Chongqing Bank today showed a net outflow of 98,200 yuan, with a continuous reduction in main capital over the past two days [2] - The industry also experienced a net outflow of 790 million yuan, indicating a trend of capital withdrawal [2] Technical Analysis - The average trading cost of the stock is 9.60 yuan, with recent accumulation activity noted, although the strength of this accumulation is weak [4] - The current stock price is near a support level of 9.68 yuan, and a drop below this level could trigger a downward trend [4] Company Overview - Chongqing Bank, established on September 2, 1996, is located in Hong Kong and primarily provides corporate and personal banking products and services [5] - The bank's revenue composition includes 69.84% from corporate banking, 21.95% from personal banking, and 7.41% from funding operations [5] - As of June 30, the number of shareholders decreased by 7.52% to 34,200, while the average circulating shares per person increased by 8.34% [5] - For the first half of 2025, Chongqing Bank reported a net profit of 3.19 billion yuan, reflecting a year-on-year growth of 5.39% [5] Dividend Distribution - Since its A-share listing, Chongqing Bank has distributed a total of 6.88 billion yuan in dividends, with 4.23 billion yuan distributed over the past three years [6]

1. Report Industry Investment Rating There is no information provided in the report regarding the industry investment rating. 2. Core Viewpoints of the Report The report presents the top ten convertible bonds for September 2025, including detailed information on each bond such as credit rating, closing price at the end of August, conversion premium rate, and the financial and business conditions of the underlying companies, as well as their key attractions [13][23][35]. 3. Summary by Company 3.1 Zhongte Convertible Bond - **Bond Information**: AAA rating, August closing price of 114.493 yuan, conversion premium rate of 96.64%, and a positive stock PE - TTM of 12.68 [6][13]. - **Company Overview**: A global leader in specialized special - steel materials manufacturing, with a production capacity of about 20 million tons of special - steel materials per year. It has multiple production and raw material bases, forming a strategic layout along the coast and rivers [13]. - **Financial Data**: In 2024, its operating income was 109.203 billion yuan (YoY - 4.22%), net profit attributable to the parent was 5.126 billion yuan (YoY - 10.41%). In the first half of 2025, operating income was 54.715 billion yuan (YoY - 4.02%), and net profit attributable to the parent was 2.798 billion yuan (YoY + 2.67%) [13]. - **Company Highlights**: It is one of the world's most comprehensive special - steel enterprises in terms of variety and specifications, with leading market shares in core products. It has a complete industrial chain and strong cost - control capabilities. It also seeks external expansion opportunities [14]. 3.2 Shanlu Convertible Bond - **Bond Information**: AAA rating, August closing price of 117.2 yuan, conversion premium rate of 48.74%, and a positive stock PE - TTM of 4.02 [6][23]. - **Company Overview**: Mainly engaged in road and bridge engineering construction and maintenance, and is expanding into other fields. It has a complete business and management system [23]. - **Financial Data**: In 2024, its operating income was 71.348 billion yuan (YoY - 2.3%), net profit attributable to the parent was 2.322 billion yuan (YoY + 1.47%). In the first half of 2025, operating income was 28.575 billion yuan (YoY + 0.26%), and net profit attributable to the parent was 1.029 billion yuan (YoY + 0.89%) [23]. - **Company Highlights**: Controlled by the Shandong Provincial SASAC, it has the potential for improvement in its balance sheet, liquidity, and order volume. It is expected to benefit from infrastructure construction in Shandong and the Belt and Road Initiative [24]. 3.3 Hebang Convertible Bond - **Bond Information**: AA rating, August closing price of 121.6 yuan, conversion premium rate of 27.33%, and a positive stock PE - TTM of - 154.7 [6][35]. - **Company Overview**: It has advantages in salt mines, phosphate mines, and natural gas supply. Its business has expanded from single - product operations to multiple sectors including chemicals, agriculture, and photovoltaics [35]. - **Financial Data**: In 2024, its operating income was 8.547 billion yuan (YoY - 3.13%), net profit attributable to the parent was 0.031 billion yuan (YoY - 97.55%). In the first half of 2025, operating income was 3.921 billion yuan (YoY - 19.13%), and net profit attributable to the parent was 0.052 billion yuan (YoY - 73.07%) [35]. - **Company Highlights**: Its phosphate mines and salt mines contribute to profits, and its liquid methionine production is a major profit - contributor [36]. 3.4 Aima Convertible Bond - **Bond Information**: AA rating, August closing price of 127.164 yuan, conversion premium rate of 31.95%, and a positive stock PE - TTM of 14.18 [6][46]. - **Company Overview**: A leading enterprise in the electric two - wheeler industry, producing and selling various electric two - wheelers through dealers [46]. - **Financial Data**: In 2024, its operating income was 21.606 billion yuan (YoY + 2.71%), net profit attributable to the parent was 1.988 billion yuan (YoY + 5.68%). In the first half of 2025, operating income was 13.031 billion yuan (YoY + 23.04%), and net profit attributable to the parent was 1.213 billion yuan (YoY + 27.56%) [46]. - **Company Highlights**: It may benefit from government subsidies for trade - ins, the implementation of new national standards, and has potential for improving gross margins [47]. 3.5 Xingye Convertible Bond - **Bond Information**: AAA rating, August closing price of 124.698 yuan, conversion premium rate of 17.91%, and a positive stock PE - TTM of 6.14 [6][55]. - **Company Overview**: One of the first - established joint - stock commercial banks, evolving into a modern financial service group [55]. - **Financial Data**: In 2024, its operating income was 212.226 billion yuan (YoY + 0.66%), net profit attributable to the parent was 77.205 billion yuan (YoY + 0.12%). In the first half of 2025, operating income was 110.458 billion yuan (YoY - 2.29%), and net profit attributable to the parent was 43.141 billion yuan (YoY + 0.21%) [55]. - **Company Highlights**: It has stable asset quality and scale growth, with a large number of corporate and retail customers [56]. 3.6 Wentai Convertible Bond - **Bond Information**: AA - rating, August closing price of 123.15 yuan, conversion premium rate of 23.63%, and a positive stock PE - TTM of - 19.91 [6][67]. - **Company Overview**: A global leader in semiconductor R & D and manufacturing, adopting the IDM model [67]. - **Financial Data**: In 2024, its operating income was 73.598 billion yuan (YoY + 20.23%), net profit attributable to the parent was - 2.833 billion yuan (YoY - 339.83%). In the first half of 2025, operating income was 25.341 billion yuan (YoY - 24.56%), and net profit attributable to the parent was 0.474 billion yuan (YoY + 237.36%) [67]. - **Company Highlights**: After divesting some subsidiaries, it focuses on the semiconductor business, which has shown growth. Its automotive and consumer electronics businesses also have development potential [68]. 3.7 Chongqing Bank Convertible Bond - **Bond Information**: AAA rating, August closing price of 123.688 yuan, conversion premium rate of 21.55%, and a positive stock PE - TTM of 6.47 [6][78]. - **Company Overview**: One of the earliest local joint - stock commercial banks in the upper reaches of the Yangtze River and Southwest China, with a wide range of business operations [78]. - **Financial Data**: In 2024, its operating income was 13.679 billion yuan (YoY + 3.54%), net profit attributable to the parent was 5.117 billion yuan (YoY + 3.8%). In the first half of 2025, operating income was 7.659 billion yuan (YoY + 7%), and net profit attributable to the parent was 3.19 billion yuan (YoY + 5.39%) [78]. - **Company Highlights**: It benefits from the national strategy of the Chengdu - Chongqing economic circle, has stable asset - scale growth, and actively adjusts its credit strategy [79]. 3.8 Tianye Convertible Bond - **Bond Information**: AA + rating, August closing price of 123.717 yuan, conversion premium rate of 84.35%, and a positive stock PE - TTM of 146.1 [6][90]. - **Company Overview**: A leading enterprise in the chlor - alkali chemical industry in Xinjiang, with an integrated circular economy industrial chain [90]. - **Financial Data**: In 2024, its operating income was 11.156 billion yuan (YoY - 2.7%), net profit attributable to the parent was 0.068 billion yuan (YoY + 108.83%). In the first half of 2025, operating income was 5.16 billion yuan (YoY - 0.98%), and net profit attributable to the parent was - 0.009 billion yuan (YoY - 228.22%) [90]. - **Company Highlights**: It has relatively stable caustic soda production costs and plans to increase dividend frequency, while its group is promoting two coal - mine projects [91]. 3.9 Huanxu Convertible Bond - **Bond Information**: AA + rating, August closing price of 127.8 yuan, conversion premium rate of 24.45%, and a positive stock PE - TTM of 27.85 [6][101]. - **Company Overview**: A global leader in electronic manufacturing design, providing value - added services to brand customers [101]. - **Financial Data**: In 2024, its operating income was 60.691 billion yuan (YoY - 0.17%), net profit attributable to the parent was 1.652 billion yuan (YoY - 15.16%). In the first half of 2025, operating income was 27.214 billion yuan (YoY - 0.63%), and net profit attributable to the parent was 0.638 billion yuan (YoY - 18.66%) [101]. - **Company Highlights**: It is a leading manufacturer of smart - wearable SiP modules and has strengthened its R & D and production capabilities in key fields through global expansion [102]. 3.10 Yushui Convertible Bond - **Bond Information**: AAA rating, August closing price of 124.714 yuan, conversion premium rate of 28.15%, and a positive stock PE - TTM of 27.4 [6][111]. - **Company Overview**: The largest integrated water supply and drainage enterprise in Chongqing, with a monopoly position in the local market [111]. - **Financial Data**: In 2024, its operating income was 6.999 billion yuan (YoY - 3.52%), net profit attributable to the parent was 0.785 billion yuan (YoY - 27.88%). In the first half of 2025, operating income was 3.519 billion yuan (YoY + 7.16%), and net profit attributable to the parent was 0.458 billion yuan (YoY + 10.06%) [111]. - **Company Highlights**: It has a high market share in Chongqing, is expanding its business externally, and has achieved cost control through intelligent applications [112].

截至2025年7月31日，该行(集团口径)资产总额达到10087亿元，较上年末增长1521亿元，增幅17.76%， 资产规模突破一万亿元，提前完成"十四五"战略规划目标。 智通财经APP讯，重庆银行(01963)发布公告，近年来，该行深入贯彻党的二十大和中央金融工作会议精 神，充分把握金融工作的政治性、人民性，持续提升金融服务的专业性、有效性，坚定"高目标引领、 高站位转型、高效率运行、高品质服务、高质量发展"定位，统筹推进"三稳、三进、三优化、三强化、 三提升"重点工作举措，聚焦主责主业，服务重大战略，强化综合经营，提升服务质效，推动高质量发 展持续走深走实。 ...

另外资产规模突破万亿级的8家城商行为北京银行、江苏银行（600919）、上海银行（601229）、宁波 银行、南京银行、杭州银行（600926）、成都银行、长沙银行（601577）。 人民财讯8月29日电，第九家资产规模突破万亿级的城商行来了——重庆银行（601963）。川渝地区目 前已经有两家万亿级城商行：成都银行（601838）和重庆银行。 据重庆银行披露：截至2025年7月31日，重庆银行(集团口径)资产总额达到10087亿元，较上年未增长 1521亿元，增幅17.76%，资产规模突破一万亿元，提前完成"十四五"战略规划目标。 ...