Core Viewpoint - The report highlights the steady growth and resilience of Bank of Communications (BoCom), emphasizing its commitment to serving national strategies and supporting the real economy while maintaining strong asset quality and profitability [4][5]. Financial Performance - BoCom's total assets exceeded 14.90 trillion yuan, a year-on-year increase of 5.98% [4] - The net profit attributable to shareholders reached 93.586 billion yuan, with operating income of 259.826 billion yuan, both showing positive growth [4] - The cash dividend ratio for 2024 is set at 32.68%, marking the 13th consecutive year of maintaining a dividend ratio above 30% [4][13] Lending and Investment Growth - Customer loan balance and bond investment balance grew by 7.52% and 6.59% respectively compared to the previous year [5] - Long-term loans to the manufacturing sector and strategic emerging industries increased by 11.93% and 9.05% respectively [5] - Personal loan balance reached 27.524 trillion yuan, with significant growth in personal consumption loans and credit card loans of 90.44% and 9.94% respectively [5] Retail and Wealth Management - The AUM (Assets Under Management) for personal financial assets reached 5.49 trillion yuan [6] - BoCom has introduced innovative products in wealth management, including commercial pension insurance and family service trusts [6] Regional Development and Strategic Focus - BoCom is actively supporting the integration of the Yangtze River Delta, with loan balances in this region growing by 7.85% [6] - The bank is focusing on enhancing its "Shanghai main stage" competitive advantage, contributing to regional economic integration [10] Innovation and Financial Services - BoCom is committed to five key areas: technology, green finance, inclusive finance, pension finance, and digital finance, achieving significant results in each [7][8] - The number of technology finance clients increased by 45.37%, with loans to specialized small and medium enterprises growing significantly [8] Shareholder Returns and Future Plans - BoCom emphasizes shareholder returns, planning to maintain a cash dividend ratio of at least 30% over the next three years [12][13] - The bank has introduced an action plan for valuation enhancement, aiming for multiple dividends within a year [13]

交通银行股份有限公司 2025 年第一次临时股东大会 资 料 现场会议开始时间：2025 年 4 月 8 日（星期二）9:30 现场会议地点：上海市银城中路 188 号交银金融大厦 网络投票（适用于 A 股）：采用上海证券交易所股东大会网络 投票系统 召集人：交通银行股份有限公司董事会 会议议程： 一、大会主席宣布开会 二、审议各项议案 2025 年 4 月 8 日，中国上海 | 4 | 2 | | --- | --- | | | 1 | | 股东大会议程 | | --- | | 股东大会议案 . | | (一)关于《2024年度财务决算报告》的议案 | | (二)关于《2024年度利润分配方案》的议案 … | 股东大会议程 （一）关于《2024 年度财务决算报告》的议案 （二）关于《2024 年度利润分配方案》的议案 三、股东提问 四、投票表决 五、计票，休会 六、宣布表决结果 七、宣读法律意见书 八、大会主席宣布闭会 2 释义 3 在议案中，除非文义另有所指，下列词语具有如下含义： 本行/银行/交行 交通银行股份有限公司 《公司法》 《中华人民共和国公司法》 《公司章程》 《交通银行股份有限公司章程》 交 ...

Core Viewpoint - The stabilization of net interest margin (NIM) at the Bank of Communications (BoCom) indicates a potential recovery in the banking sector, despite ongoing challenges in non-interest income [1][2]. Group 1: Net Interest Margin - Since 2020, the NIM in the banking industry has been under pressure, but recent data shows signs of stabilization, particularly for BoCom, where the NIM decline has narrowed from 20 basis points year-on-year to just 1 basis point in 2024 [1][2]. - In 2024, BoCom's NIM for the four quarters was reported at 1.27%, 1.30%, 1.26%, and 1.24%, indicating a trend of slight decline [2]. - The external factors supporting the stabilization of NIM include a moderately loose monetary policy and improved asset-liability management strategies [4]. Group 2: Revenue and Profit Growth - BoCom's revenue and net profit attributable to shareholders increased by 0.87% and 0.93% year-on-year, respectively, surpassing the previous year's growth rates [1]. - The bank's retail loan growth has been a significant contributor to this performance, with retail loans growing at over 10% against an overall loan growth of 7.52% [5][9]. Group 3: Non-Interest Income Challenges - BoCom faced a decline in non-interest income, with net income from fees and commissions dropping by 14.16% in 2024, reflecting a broader industry trend [8]. - The decline in non-interest income is attributed to market adjustments and increased competition in the insurance and fund sectors, leading to a 30% reduction in average commission levels since the implementation of new regulations [8]. Group 4: Retail Loan Strategy - BoCom is focusing on increasing the proportion of retail loans, which are seen as a new growth point, with retail loan growth reaching 11.29% in 2024 [9]. - The bank has significantly increased its personal consumption loans, with growth rates of 86.25% and 90.44% in 2023 and 2024, respectively [9]. - Despite the growth in retail loans, there are concerns about asset quality, as the non-performing loan (NPL) ratio for personal loans exceeded 1.08%, indicating a need for heightened vigilance [11][10].

Core Viewpoint - The article discusses the transformation of the Bank of Communications (BoCom) from a focus on scale expansion to value creation, emphasizing the need for quality improvement and efficiency enhancement in the banking industry amidst new challenges [1][4]. Group 1: Strategic Focus Areas - BoCom's President Zhang Baojiang outlined four key strategies for high-quality development: rooting in the real economy, optimizing asset-liability management, strengthening digital empowerment, and maintaining a solid risk management foundation [3]. - The bank aims to align its growth with the current economic environment by prioritizing quality over quantity, moving towards a more refined business approach [5]. Group 2: Financial Performance - As of the end of 2024, BoCom's total assets reached 14.90 trillion yuan, a year-on-year increase of 5.98%. Customer loan balance was 8.56 trillion yuan, up 7.52%. Operating income was 259.83 billion yuan, with a growth of 0.87%, and net profit attributable to shareholders was 93.59 billion yuan, increasing by 0.93% [5]. - The bank's focus on strategic lending has resulted in significant growth in various sectors, including a 45.37% increase in technology finance clients and substantial growth in green finance and inclusive finance [6][8]. Group 3: Digital Transformation - BoCom is undergoing a digital transformation, shifting from physical branches to a scene-ecology era, integrating financial services into various life scenarios to enhance customer engagement [13][14]. - The bank has launched multiple digital initiatives, including a revamped mobile banking app and AI applications that have significantly improved operational efficiency and customer service [16][17]. Group 4: Risk Management and Asset Quality - As of the end of 2024, BoCom's non-performing loan (NPL) ratio was 1.31%, down 0.02 percentage points year-on-year, with a provision coverage ratio of 201.94%, up 6.73 percentage points [20]. - The bank has implemented a comprehensive risk management system, focusing on early detection and proactive control of risks, which has contributed to improved asset quality [20][21]. Group 5: Shareholder Returns - BoCom plans to distribute a cash dividend of 28.15 billion yuan for the 2024 fiscal year, resulting in a cash dividend ratio of 32.7%, maintaining a stable dividend policy for 13 consecutive years [24]. - The bank's strong growth and shareholder returns have been recognized by the capital market, with a stock price increase of over 40% in 2024 and a cumulative return exceeding 160% [24][25].

3月21日，交通银行发布国有大行首份2024年度成绩单。年报显示，截至2024年末，交行资产总额达到14.90万亿元，较上年末增长5.98%。2024年，交行实现归属于母公司股东净利润935. 同日，交通银行发布董事会决议，同意聘任杨涛为副行长，其任职将在金融监管总局核准其副行长任职资格后生效。加入交行前，杨涛的职务是国家开发银行评审管理部总经理。 总行高管外，近期，交通银行有多家一级分行行长、副行长出现变动，本期银行人事予以汇总。 总行授信部授信审批人毛茹莼，任青岛分行副行长、高级信贷执行官；曾任交通银行扬州分行副行长。 陕西省分行公司业务部总经理吴天俣，任贵州省分行党委委员；曾任交通银行西安西五路支行行长。 江苏自贸试验区苏州片区支行行长江洁，任苏州分行副行长；2020年12月任交通银行吴中支行行长。 江苏省分行纪委副书记、纪委办公室主任、纪委监督监察室主任朱俊凌，任吉林省分行纪委书记。曾任交通银行南京月牙湖支行行长，江苏省分行人力资源部副总经理、办公室主任、人力资源部 广州审计监督分局局长汪国清，任广东分行资深专家；曾任交通银行佛山分行行长、内蒙古分行副行长，广州审计监督分局副局长。 北京审计监督分局副 ...

Financial Performance - Net interest income for 2024 was RMB 169.832 billion, an increase of 3.48% from RMB 164.123 billion in 2023[24] - Total assets reached RMB 14.901 trillion, reflecting a growth of 5.98% compared to RMB 14.060 trillion in 2023[24] - Net profit attributable to shareholders was RMB 93.586 billion, a slight increase of 0.93% from RMB 92.728 billion in 2023[24] - The bank's total operating income for 2024 was RMB 259.826 billion, a marginal increase of 0.87% from RMB 257.595 billion in 2023[24] - The total profit for the period was RMB 103.475 billion, reflecting a growth of 3.79% year-on-year[52] - The annual operating income grew by 0.87% year-on-year, while the net profit attributable to the parent company increased by 0.93%[42] Risk Management - The bank has implemented measures to manage various risks, including credit risk, market risk, operational risk, and compliance risk[6] - The bank's management emphasizes the importance of maintaining risk awareness among investors regarding forward-looking statements[6] - The non-performing loan ratio improved to 1.31%, down from 1.33% in 2023[25] - The provision coverage ratio improved to 201.94%, an increase of 6.73 percentage points year-on-year[50] - The total balance of non-performing loans was 111.68 billion RMB, with a non-performing loan ratio of 1.31%, a decrease of 0.02 percentage points year-on-year[187] Dividend Distribution - The bank plans to distribute a cash dividend of RMB 0.197 per share to ordinary shareholders, totaling RMB 14.63 billion based on 74.263 billion shares outstanding[6] - The bank's total cash dividend distribution for the year is set at RMB 14.63 billion, with no plans for stock dividends or capital reserve transfers[6] - The bank's cash dividend per ordinary share for 2023 was RMB 0.375, maintaining a dividend payout ratio above 30% for 12 consecutive years[37] - The bank plans to implement a mid-term dividend policy starting in 2024, with a cash dividend per ordinary share of RMB 0.182[37] Strategic Focus - The bank aims to enhance its capabilities in inclusive finance, trade finance, technology finance, and wealth finance as part of its strategic focus[16] - The bank's strategic goal is to build a world-class banking group with distinctive advantages, focusing on green development[16] - The bank's digital transformation initiatives are expected to drive high-quality development, with a focus on innovation and resource allocation[16] - The bank's digital transformation efforts have led to improved data application and risk management capabilities[35] Customer and Market Engagement - The bank provided comprehensive financial services to 2.84 million corporate clients and 199 million retail clients through over 2,800 domestic branches and 24 overseas branches[17] - The retail AUM (Assets Under Management) increased by 9.74% to CNY 5.49 trillion, while the asset custody scale grew by 13.3% to CNY 15.57 trillion[43] - The number of personal pension fund accounts doubled, indicating a significant growth in the pension finance business[42] - The bank's mobile banking MAU (Monthly Active Users) surpassed 55 million, an increase of 6.3 million from the end of the previous year[44] Loan and Asset Management - Customer loans amounted to RMB 8.555 trillion, up 7.52% from RMB 7.957 trillion in 2023[24] - The balance of domestic RMB loans increased by CNY 647.9 billion, with a growth rate of 8.55%[42] - Corporate loans reached RMB 5,566.58 billion, up RMB 387.05 billion or 7.47%[86] - Personal loans totaled RMB 2,752.41 billion, an increase of RMB 279.31 billion or 11.29%[86] Green Finance Initiatives - The bank's green loans and green bonds maintained a high growth rate, supporting the transition to a green economy[34] - Green loan balance grew by 8.58% year-over-year, reflecting the company's commitment to supporting low-carbon transitions[119] - The bank's focus on green finance includes supporting carbon reduction and clean coal utilization through structural monetary policy tools[186] Digital Transformation and Technology - The bank achieved a maturity level of 5 (highest level) in data management capability maturity (DCMM) certification[178] - The bank's AI initiative includes the establishment of a corporate-level AI capability platform and the development of over 100 AI application scenarios[178] - The bank's digital financial products continue to evolve, enhancing service efficiency and integrating with the real economy[180] - Financial technology investment amounted to 11.433 billion RMB, a year-on-year decrease of 4.94%, representing 5.41% of operating income, down 0.23 percentage points year-on-year[176] International Expansion - The bank opened a branch in Dubai to enhance its financial service network along the Belt and Road Initiative[33] - The company plans to open a new branch in Dubai International Financial Centre in November 2024, enhancing its international presence[159] - The volume of foreign-related guarantees increased by 99.37% year-on-year, with guarantees to countries along the "Belt and Road" growing by 115.10%[161]

公司代码：601328 公司简称：交通银行 交通银行股份有限公司 2024 年度报告摘要 2024 年度报告摘要 一、重要提示 1.交通银行股份有限公司（"本行"）董事会、监事会及董事、监 事、高级管理人员保证年度报告摘要内容不存在虚假记载、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个别及 连带责任。 2.年度报告摘要来自年度报告全文，为全面了解本行及附属公司 （"本集团"）的经营成果、财务状况及未来发展规划，投资者应当 到上海证券交易所（"上交所"）网站等证监会指定媒体仔细阅读年度 报告全文。 3.本行第十届董事会第二十一次会议于 2025 年 3 月 21 日审议批 准了 2024 年度报告和业绩公告。出席会议应到董事 18 名，亲自出席 董事 17 名，委托出席董事 1 名，廖宜建非执行董事因其他公务，书 面委托陈绍宗非执行董事出席会议并代为行使表决权。 4.本集团按照中国会计准则编制的财务报表经毕马威华振会计 师事务所（特殊普通合伙）审计，并为本集团出具了标准无保留意见 的审计报告。 5.本行已于 2025 年一季度实施 2024 年半年度利润分配，向普通 股股东每股分配现金股利 ...

交通银行股份有限公司关于会计师事务所 2024 年度履职情况的评估报告 根据《国有企业、上市公司选聘会计师事务所管理办法》 《交通银行集团财务报告审计师服务质量评价实施细则》，交 通银行股份有限公司（以下简称"本公司"）对毕马威华振会 计师事务所（特殊普通合伙）及毕马威会计师事务所（以下合 称"毕马威"）2024 年度的履职情况进行了评估，具体情况如 下： 三、对会计师事务所履职情况的评估 近期，本公司对毕马威职业道德、审计团队，以及 2024 年 度审计准备、审计实施、信息安全管理、审计成果等履职情况 进行了评估，评估结果如下： 一、聘任会计师事务所履行的程序 2024 年 6 月 26 日，本公司 2023 年度股东大会同意聘用毕 马威担任 2024 年度会计师事务所，其中：毕马威华振会计师事 务所（特殊普通合伙）负责本公司按中国会计准则编制的财务 报表审计工作、内部控制审计工作及相关专业服务；毕马威会 计师事务所负责本公司按国际财务报告准则编制的财务报表的 审计工作及相关专业服务。聘期自本公司 2023 年度股东大会通 过之时起，至本公司 2024 年度股东大会结束之时止。 二、2024 年度会计师事务 ...

股票代码：601328 股票简称：交通银行 编号：临 2025-011 交通银行股份有限公司估值提升计划 暨"提质增效重回报"行动方案 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。 一、估值提升计划的制定背景及审议程序 2024 年，得益于本公司高质量发展阶段性成效和稳健经营，本公司 A 股股 价全年上涨 42.16%，但仍持续低于本公司每股净资产。根据中国证监会《上市 公司监管指引第 10 号——市值管理》及上海证券交易所《关于开展沪市公司"提 质增效重回报"专项行动的倡议》，本公司于 2025 年 3 月 21 日召开第十届董事 会第二十一次会议，审议通过了《交通银行股份有限公司估值提升计划暨"提质 增效重回报"行动方案》（以下简称《估值提升计划暨行动方案》）。 二、《估值提升计划暨行动方案》具体内容 本公司深入贯彻党的二十大、中央金融工作会议、中央经济工作会议精神， 致力于当好服务实体经济的主力军和维护金融稳定的压舱石，锚定高质量发展目 标，持续提升投资价值，增强投资 ...

四是督促毕马威华振、毕马威诚实守信、勤勉尽责，严格 遵守业务规则和行业自律规范，严格执行内部控制制度，对本 公司财务会计报告进行核查验证，及时、准确、客观、公正地 出具审计报告，切实履行了董事会审计委员会对会计师事务所 的监督职责。 审计委员会对毕马威华振、毕马威 2024 年度的服务质量进 行了评价，对上述机构的专业性、独立性及客观性均表示满意。 交通银行股份有限公司董事会审计委员会 2025 年 3 月 21 日 二是与毕马威华振、毕马威讨论和沟通相关审计事项。重 点围绕 2024 年审计范围、审计计划、审计方式、审计发现，以 及 2024 年报审计工作进行沟通。 三是审议毕马威华振、毕马威年度审计工作总结，并向董 事会报告。 - 1 - 交通银行股份有限公司董事会审计委员会对 会计师事务所履行监督职责情况的报告 根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司治理准则》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》《国有企业、上市公司选聘会计师事 务所管理办法》及本公司章程等规定和要求，2024 年，交通银 行股份有限公司（以下简称"本公司"）董事会审计委员会勤 勉尽责， ...