国泰海通证券股份有限公司 关于 交通银行股份有限公司 向特定对象发行 A 股股票 之 上市保荐书 保荐人（主承销商） 二〇二五年六月 交通银行股份有限公司 向特定对象发行A股股票之上市保荐书 声 明 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）接受交 通银行股份有限公司（以下简称"交通银行"、"公司"或"发行人"）的委托， 担任交通银行本次向特定对象发行 A 股股票的保荐人。 国泰海通及其保荐代表人根据《中华人民共和国公司法》（以下简称"《公司 法》"）、《中华人民共和国证券法》》（以下简称"《证券法》"）、《证券发行 上市保荐业务管理办法》《上市公司证券发行注册管理办法》（以下简称"《注册 管理办法》"）《上海证券交易所股票上市规则》《上海证券交易所上市公司证券发 行与承销业务实施细则》等有关法律、行政法规和中国证券监督管理委员会、上 海证券交易所的规定，诚实守信，勤勉尽责，严格按照依法制定的业务规则和行 业自律规范出具上市保荐书，并保证所出具文件真实、准确、完整。 （本上市保荐书如无特别说明，相关用语具有与《交通银行股份有限公司向 特定对象发行 A 股股票募集说明书》中相同的含义。） 3- ...

股票代码：601328 股票简称：交通银行 编号：临 2025-047 交通银行股份有限公司 发行数量和价格： 股票种类：人民币普通股（A股） 发行数量：14,101,057,578股 发行价格：8.51元/股 预计上市时间 本公司已于2025年6月17日就本次向特定对象发行A股股票向中国证券登记 结算有限责任公司上海分公司办理完毕登记、托管及限售手续。本次发行新增股 股份为有限售条件流通股，预计将于限售期届满后的次一交易日起在上海证券交 易所（以下简称"上交所"）上市流通交易，如遇法定节假日或休息日，则顺延 至其后的第一个交易日。 一、本次发行概况 关于向特定对象发行 A 股股票结果暨股本变动公告 交通银行股份有限公司（以下简称"交通银行"或"本公司"）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）本次发行履行的相关程序 1 定对象发行A股股票预案及相关议案。 2025年4月16日，本公司2025年第二次临时股东大会、2025年第一次A股类别 股东大会及2025年第一次H股类别股东大会审议通过了本次向特定 ...

交通银行（601328）公告，公司向特定对象发行A股股票结果已确定。本次发行股票数量为141.01亿 股，发行价格为8.51元/股，募集资金总额为1200亿元，扣除发行费用后募集资金净额为1199.41亿元。 新增股份已于2025年6月17日在中国证券登记结算有限责任公司上海分公司办理完毕登记托管手续。预 计本次发行新增股份将于限售期届满后的次一交易日起在上海证券交易所主板上市流通交易。 ...

Core Viewpoint - The Zhengzhou Commodity Exchange (ZCE) has issued a notice to expand the participation of qualified foreign institutional investors (QFIIs) in commodity futures and options trading, facilitating their engagement in the market [1][2]. Group 1: Regulatory Changes - The notice allows banks qualified for margin deposit services to directly engage in margin deposit business for QFIIs, with a total of 15 banks eligible [1]. - Futures companies must manage the trading permissions and ensure compliance with the regulations for QFIIs, including the opening of accounts and suitability management [1][2]. Group 2: Risk Management and Compliance - ZCE emphasizes the importance of risk management and the need for futures companies to guide QFIIs on trading, settlement, and related risks to ensure orderly participation in the market [2]. - All relevant entities are required to prepare for QFIIs' participation in commodity futures and options trading, enhancing risk control measures to maintain market stability [2]. Group 3: Designated Banks for Margin Deposits - A list of banks qualified for margin deposit services for domestic clients includes major banks such as Bank of Communications, Industrial and Commercial Bank of China, and China Construction Bank among others [5].

Group 1 - The supplementary agreement modifies the asset management contract for the Bull Group's special talent shareholding plan, allowing investments in securities issued by related parties [1][2] - The management company, Guojin Securities Asset Management Co., Ltd., is authorized to invest the assets of the single plan in securities or other financial products related to the management and custody parties [3][4] - The plan includes provisions for conflict of interest and related party transactions, ensuring that the investor's interests are prioritized [5][6] Group 2 - The single plan has a duration starting from its establishment date, with specific terms regarding the management of related party transactions [2][3] - The management company must disclose any related party transactions to investors and custodians in a timely manner [7][8] - The administrative service provider for the plan is Guojin Daofu Investment Service Co., Ltd., which is a related entity and may present potential conflicts of interest [9][10]

Group 1 - The core objective of the government's 2025 work report is to significantly boost consumption, with the "Five Five Shopping Festival" being a key platform to stimulate consumer potential and market activity [2] - The sixth "Five Five Shopping Festival" saw Bank of Communications actively participating by launching the "Digital Life Festival - BOC Welfare Season" to promote quality consumption through financial means [2] - The bank has been involved in the "Five Five Shopping Festival" for six consecutive years, leveraging its local presence to enhance digital consumption scenarios and collaborate with various merchants [2] Group 2 - The "scene integration" feature of this year's festival includes partnerships with platforms like 12306, Ctrip, and Qunar to offer discounts on cultural and tourism activities [2] - The bank has curated special food brand promotions, allowing consumers to enjoy significant discounts on local delicacies, thereby invigorating the Shanghai consumption market [2] Group 3 - Bank of Communications is enhancing payment services by optimizing online and offline payment experiences, offering discounts through various platforms [3] - The bank has introduced a series of payment discount activities, including reductions for using its debit and credit cards on specific apps and platforms [3] Group 4 - The bank is committed to inclusive finance, launching a series of activities aimed at benefiting the public, including trade-in programs for vehicles and home appliances [5] - Special offers for UnionPay credit card users include subsidies for purchasing home appliances and digital products, as well as interest rate discounts for personal credit loans [5]

Core Viewpoint - The recent regulatory measures in Henan province aim to standardize auto consumer finance practices, capping the actual customer interest rate at no more than double the current one-year Loan Prime Rate (LPR), effectively limiting it to a maximum annual rate of 6% [1][2] Group 1: Regulatory Changes - Multiple banks in Henan, including Everbright Bank and Agricultural Commercial Bank of Henan, have announced measures to control financing costs for car buyers, addressing high commission issues [1] - The new regulations prohibit auto dealers from coercing customers into high-commission financial products and aim to stabilize the auto consumer finance market in Henan [1] Group 2: Market Dynamics - The previous high-interest, high-rebate model, which involved banks offering substantial commissions to auto dealers to boost market share, is being phased out due to regulatory pressures [2] - Banks are facing reduced profit margins as many customers are repaying loans early, leading to diminished interest income and increased operational costs [2][3] Group 3: Shift in Competitive Strategy - The industry is transitioning from a price war to value competition, with banks needing to enhance product design and service experience to maintain market competitiveness [3] - Some banks, like Ping An Bank, are adapting their auto finance strategies by focusing on electric vehicle loans and improving online loan processes to meet customer needs [3]

Group 1 - The core viewpoint of the article is the regulation of auto consumer finance business by several banks in Henan, aiming to control financing costs and eliminate high commission issues [1] - Everbright Bank's Zhengzhou branch has announced measures to standardize loan product pricing and strictly control financing costs for car buyers [1] - Other banks in the Henan region, including Agricultural Bank of Henan, Bank of Communications Henan branch, CITIC Bank Zhengzhou branch, and Zhongyuan Bank, have issued similar statements regarding the regulation of auto finance [1] Group 2 - The measures include regulating commission payment behaviors to prevent dealers from using high commissions to manipulate car sales prices and mislead consumers regarding their loan intentions and terms [1] - The initiative aims to address the issue of dealers inducing consumers to repay loans early or distorting their genuine loan needs [1]

Core Viewpoint - The strategic cooperation agreement signed between Bank of Communications (BoCom) Binzhou Branch and Binzhou Public Utilities Group aims to enhance financial support for local economic development and explore innovative cooperation models [1][2]. Group 1: Strategic Cooperation - The signing of the strategic cooperation agreement marks a significant decision based on mutual recognition and precise understanding of future development directions between both parties [1]. - The partnership is expected to explore cooperation in key industrial project construction, bond underwriting, and scenario building, contributing to high-quality economic development in Binzhou [2]. Group 2: Financial Services and Innovation - BoCom Binzhou Branch emphasizes its commitment to serving local development as a core task, actively exploring financial innovation paths [2]. - The bank plans to leverage its comprehensive service capabilities to provide more professional and systematic integrated service solutions to meet the development needs of Binzhou Public Utilities Group [2].

Core Viewpoint - The recent capital increase by major state-owned banks, including China Bank and Bank of Communications, marks a significant move in the financial sector, with a total fundraising of 520 billion yuan, primarily supported by the Ministry of Finance through special government bonds [1][3]. Group 1: Capital Increase Details - Bank of Communications and China Bank successfully completed a capital increase of 120 billion yuan and 165 billion yuan, respectively, within approximately two and a half months [2]. - The total capital increase from the four major banks (Bank of Communications, China Bank, Construction Bank, and Postal Savings Bank) amounts to 520 billion yuan, with the Ministry of Finance contributing 500 billion yuan [3]. - The issuance prices for the new shares were set at 8.51 yuan for Bank of Communications and 5.93 yuan for China Bank, reflecting a premium of about 10.67% and 11.05% over their latest closing prices [6]. Group 2: Implications for Shareholders - The capital increase is designed to protect the interests of existing shareholders, with a focus on balancing the dilution of shares and the need for capital replenishment [5][7]. - Investors participating in the capital increase have committed to a five-year lock-up period, which is expected to stabilize the stock prices of the banks [8]. Group 3: Financial Health and Future Projections - The capital increase is anticipated to enhance the core Tier 1 capital adequacy ratios of the banks, with expected improvements of 0.49 to 1.51 percentage points across the four banks [9]. - If the newly raised capital is fully utilized for lending, it could potentially generate an additional 4.84 trillion yuan in credit across the four banks [8].