Core Viewpoint - The announcement details the upcoming performance briefing for the year 2025 by Bank of Communications, emphasizing the importance of transparency and investor engagement [1]. Group 1: Performance Briefing Details - The performance briefing is scheduled for March 27, 2026, from 17:00 to 18:30 [5][6]. - The briefing will be conducted via a live online format, allowing for broader participation [2][6]. - Key personnel attending the briefing include the bank's president, independent director representatives, and other senior executives [6]. Group 2: Investor Participation - Investors can participate by logging into the provided live streaming address or scanning the QR code on the announcement [3][5]. - Questions from investors can be submitted via email to the bank's investor relations or through the live Q&A section on the day of the briefing [2][3]. Group 3: Additional Information - The bank will disclose its 2025 annual report on the same day as the performance briefing, March 27, 2026 [2]. - The announcement includes contact information for further inquiries, including a phone number and email address for investor relations [3].

Core Viewpoint - The government report for 2026 emphasizes accelerating the comprehensive green transition, focusing on carbon peak and carbon neutrality as key drivers for enhancing green development momentum [1] Group 1: Green Financial Services - The company has established a comprehensive green financial service system, focusing on energy conservation, carbon reduction, environmental protection, resource recycling, and low-carbon energy transition [1] - The company has introduced innovative financial products such as "carbon intensity + ESG" linked transformation loans and ESG manufacturing loans, leading in various green finance sectors [3] - The company is actively involved in global green finance cooperation through green bond issuance and cross-border loans for photovoltaic projects [3] Group 2: Support for Specific Industries - The company has led the development of the "National Water Transport Industry Transformation Financial Directory," which has been included in the national pilot application [4] - The company has issued the first methanol dual-fuel ship transformation financial loan in the country, linking ship energy efficiency design index (EEDI) with loan interest rates to incentivize emission reductions [4] - The company has provided financial support for the construction of pure electric passenger ships, contributing to the low-carbon transition of the water transport industry [4] Group 3: Strategic Initiatives and Collaborations - The company is actively serving traditional industries' low-carbon transitions, focusing on 17 sub-sectors including shipping, steel, ceramics, chemicals, and agriculture [5] - The company has established a Sino-British transformation finance working group platform, attracting nearly 30 financial institutions and facilitating collaboration on transformation finance policies and product innovation [5] - The company aims to continue enhancing its diversified service system and accelerate the green transition of the economy and society, aligning with the "dual carbon" goals [5]

Group 1 - The core discussion focused on enhancing financial services to the real economy and promoting high-level financial openness and the internationalization of the RMB [3] - Both parties agreed to deepen cooperation in areas such as centralized clearing, registration and custody, and the development of carbon markets, aiming to support the construction of a financial powerhouse [3] - The meeting emphasized the importance of collaboration in serving the central bank's functions and contributing to the development of Shanghai as an international financial center [3] Group 2 - Bank of Communications is recognized as a comprehensive clearing member of the Shanghai Clearing House and has received awards for being an "Excellent Clearing Member" and "Excellent Settlement Member" [2][3]

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 賴該等內容而引致之任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03328） 關於召開2025年度業績說明會的公告 交通銀行股份有限公司（「本行」）謹此宣佈，本行擬於2026年3月27日（星期五）在 香港交易及結算所有限公司網站( www.hkexnews.hk )披露本行2025年度業績，並 於同日17:00-18:30通過網絡直播方式召開業績說明會（「業績說明會」），就2025 年度業績予以說明，與分析師、媒體記者、投資者進行交流。本行行長張寶江先 生、獨立非執行董事代表、其他高級管理人員將出席業績說明會。 投資者屆時可通過登錄網絡直播地址（https://rs.p5w.net/html/177251645511449.shtml） 或掃瞄以下二維碼觀看業績說明會： 1 2026年3月19日 於本公告發佈之日，本行董事為任德奇先生、張寶江先生、殷久勇先生、 周萬阜先生、常保升先生*、廖宜建先生*、陳紹宗先生 ...

股票代码：601328 股票简称：交通银行 编号：临 2026-004 交通银行股份有限公司 关于召开 2025 年度业绩说明会的公告 交通银行股份有限公司（以下简称"交通银行"或"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 全景网直播地址：https://rs.p5w.net/html/177251645511449.shtml 投资者如需提问，可于 2026 年 3 月 24 日（星期二）17:00 前将相关问 题发送至本行投资者关系邮箱 investor@bankcomm.com，或于业绩说明会当日登 录上述直播地址问答区留言。 本 行 拟 于 2026 年 3 月 27 日 （ 星 期 五 ） 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露 2025 年度报告，并于同日 17:00-18:30 召开业绩说明 会，就 2025 年度业绩予以说明，与分析师、媒体记者、投资者进行交流。 一、业绩说明会类型 （一）会议召开时间：2026 年 3 月 27 日（星期五）17:0 ...

Core Viewpoint - The Wuhu Branch of Bank of Communications has achieved excellent results in the evaluation of technology-oriented operating institutions, reflecting its commitment to enhancing financial services for technological and industrial innovation [1] Group 1: Achievements and Recognition - The Tianmenshan Sub-branch ranked 11th in the Bank of Communications system and 1st in Anhui Province in the evaluation of technology-oriented institutions [1] - The branch's efforts are aligned with the national innovation-driven development strategy, showcasing a solid practice in promoting technology finance [1] Group 2: Strategic Initiatives - The Anhui Provincial Branch has implemented a plan to establish a technology-oriented sub-branch and three technology-featured sub-branches by September 2025 [1] - The Tianmenshan Sub-branch has been recognized as a "specialized institution for technology finance," promoting a virtuous cycle of technology, industry, and finance [1] Group 3: Financial Support and Growth - The Tianmenshan Sub-branch has focused on supporting local industries such as automotive parts and new materials, resulting in a 36% year-on-year increase in loans to technology enterprises in 2025 [1] - Inclusive loans to technology enterprises saw a 41% year-on-year increase in the same period [1] Group 4: Case Studies - A technology company specializing in high-performance sputtering targets received an increase in its credit limit from 40 million to 90 million yuan, supporting its R&D and production expansion [2] - A high-tech company established in 2020 received 10 million yuan in credit support to alleviate funding pressure during its startup phase [2] Group 5: Operational Excellence - The Anhui Provincial Branch's technology finance center provides regular guidance and support, while the Wuhu Branch implements differentiated assessments for technology-featured sub-branches [3] - The Tianmenshan Sub-branch has established a dedicated service team to respond quickly to diverse financial needs of technology enterprises [3] Group 6: Future Directions - The Wuhu Branch aims to continue leveraging its technology-oriented sub-branch as a model, optimizing resources, mechanisms, and service products to contribute to local technological innovation and industrial upgrading [3]

Core Viewpoint - The China Banking Regulatory Commission has imposed multiple fines on Bank of Communications for various regulatory violations across different branches, indicating systemic issues in compliance and risk management practices within the bank [1][2][3][4][5][6][7][8][9]. Group 1: Regulatory Violations - Bank of Communications has been penalized for violating financial statistical management regulations, account management regulations, and network security management regulations, resulting in a fine of 906,000 RMB from the Jiangsu branch [1]. - The bank's branches in Yunnan and Anhui have faced fines totaling 1.53 million RMB for issues related to loan management and network security obligations [2][3]. - The Shanghai branch was fined approximately 611,870 RMB for serious violations in loan management and credit loan issuance to related parties [3]. Group 2: Specific Incidents and Penalties - The bank's branch in Fujian was fined 750,000 RMB for inadequate management of working capital loans and personal business loans [4]. - The bank's operations in Shandong faced a significant penalty of 1,742,000 RMB for multiple violations, including failure to conduct customer due diligence and improper handling of suspicious transactions [5]. - A total of 18 fines have been issued to Bank of Communications since January, highlighting ongoing compliance challenges [9].

Investment Rating - The industry investment rating is "Buy" [2] Core Insights - The report provides a comprehensive analysis of 219 regional banks in Shandong Province, highlighting their asset structure, profitability, and asset quality compared to listed banks [6][21] - The asset growth rate of major city commercial banks in Shandong is 13.5%, which is lower than the 14.2% growth rate of listed city commercial banks [26] - The report indicates that the loan-to-asset ratio for city commercial banks is 54.9%, while for rural commercial banks it is 51.6%, both showing a slight year-on-year decline [31] - The profitability metrics reveal that the return on assets (ROA) for city commercial banks in Shandong is 50 basis points lower than that of listed city commercial banks, and the return on equity (ROE) is 3.09 percentage points lower [6][31] - The asset quality of regional banks in Shandong is weaker than that of listed banks, with non-performing loan ratios higher by 21 basis points for city commercial banks and 72 basis points for rural commercial banks [6][31] Summary by Sections 1. Economic Structure of Shandong Province - Shandong Province is implementing initiatives to enhance its economic development, focusing on green and high-quality growth [13] 2. Overview of Regional Banks in Shandong - Shandong has 219 commercial banks, including 14 city commercial banks, 91 village banks, and 110 rural commercial banks [21] - The report notes that the majority of these banks were established between 2011 and 2015, with 125 banks founded during this period [21] 3. Asset and Liability Structure - The asset growth of major banks has remained stable since 2017, with city commercial banks showing a growth rate of 13.5% in the first half of 2025 [26] - The report highlights that the loan structure is predominantly corporate loans, with city and rural commercial banks having corporate loan ratios of 72.7% and 64.2%, respectively [32] 4. Profitability and Asset Quality - The report indicates that the profitability of Shandong's regional banks is lower than that of listed banks, with city commercial banks' ROA at 0.66% and ROE at 9.43% [6][31] - The non-performing loan ratio for city commercial banks is reported at 1.21%, which is higher than the average for listed banks [31] 5. Capital Adequacy - The capital adequacy ratios for city and rural commercial banks in Shandong are reported to be 13.4% and 13.8%, respectively, indicating a sufficient safety margin [6][31]

Investment Rating - The report maintains a positive outlook on the banking industry, indicating a transition towards stable profitability and high-quality development during the "15th Five-Year Plan" period, with a recommendation to focus on high-quality banks that are expected to recover towards a 1x price-to-book (PB) ratio [7]. Core Insights - The banking landscape has undergone significant changes during the "14th Five-Year Plan," characterized by a trend towards the dominance of larger banks, with listed banks outperforming non-listed banks in terms of total assets, loans, and net profits [6][19]. - The report highlights three major changes in the banking sector: 1. Increasing concentration among top banks, with listed banks showing superior performance compared to non-listed banks, reflected in a non-performing loan (NPL) ratio of approximately 1.2%, which is half that of non-listed banks [6][15]. 2. A shift in market share dynamics, with state-owned banks gaining dominance, while regional commercial banks are accelerating their growth, and shareholding and rural commercial banks are experiencing a decline [6][19]. 3. Niche operations are emerging as a new direction for smaller banks, with wealth management and investment banking becoming areas where leading shareholding banks are outperforming larger state-owned banks [6][19]. Summary by Sections 1. Dominance of Listed Banks - Listed banks have seen their market share in total assets and loans increase to 81.2% and 79.9%, respectively, as of Q3 2025, marking a recovery from declines during the previous "13th Five-Year Plan" [13][14]. - The net profit share of listed banks has risen to nearly 90%, indicating improved operational efficiency [13][14]. 2. Changing Landscape of Various Banks - State-owned banks have increased their market share in total assets and loans to 50.2% and 52.8%, respectively, during the "14th Five-Year Plan," reflecting their enhanced role as a stabilizing force in the economy [19][22]. - Regional commercial banks have improved their market positions, particularly in economically strong provinces, while shareholding and rural commercial banks have faced challenges, with market shares declining [19][22]. 3. Characteristics of Corporate and Retail Banking - The report notes a growing trend of strong corporate lending and weaker retail lending, which has become a key factor in the competitive dynamics among different types of banks [19][22]. 4. Establishment of a Differentiated Development Ecosystem - The report emphasizes the establishment of a "dislocated development and differentiated operation" ecosystem, where larger banks dominate in volume but face challenges in pricing, while smaller banks focus on flexible service offerings to differentiate themselves [6][19]. 5. Investment Analysis Recommendations - The report suggests focusing on two main investment themes for 2026: 1. Asset expansion, targeting quality regional commercial banks such as Chongqing Bank, Suzhou Bank, and Ningbo Bank [7]. 2. Real estate recovery, focusing on shareholding banks that are expected to recover sooner, such as Industrial Bank, Citic Bank, and China Merchants Bank [7].

董事會會議通告 茲通知交通銀行股份有限公司（「本行」）董事會（「董事會」）將於二零二六年三月 二十七日（星期五）舉行董事會會議，藉以（其中包括）(i)審議及批准本行及其附屬 公司截至二零二五年十二月三十一日止財政年度之年度業績；及(ii)考慮派付末期 股息（如有）。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03328） 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通告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本通告全部或任何部分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 承董事會命 交通銀行股份有限公司 何兆斌 公司秘書 中國上海 2026年3月17日 於本通告發佈之日，本行董事為任德奇先生、張寶江先生、殷久勇先生、周萬阜 先生、常保升先生*、廖宜建先生*、陳紹宗先生*、穆國新先生*、艾棟先生*、 張向東先生 # 、李曉慧女士 # 、馬駿先生 # 、王天澤先生 # 、肖偉先生 # 及劉瑞霞女士 # 。 * 非執行董事 # 獨立非執行董事 ...