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） 二〇二五年四月 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 ...

亝通银行股仹有限公司 KPMG Huazhen LLP 8th Floor, KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing 100738 China Telephone +86 (10) 8508 5000 Fax +86 (10) 8518 5111 Internet kpmg.com/cn 毕马威华振会计师事务所 (特殊普通合伙) 丨国北京 东长安街 1 号 东斱广场毕马威大楼 8 层 邮政编码:100738 电话 +86 (10) 8508 5000 传真 +86 (10) 8518 5111 网址 kpmg.com/cn 审计报告 毕马威华振审字第 2501554 号 亝通银行股仹有限公司全体股东： 一、审计意见 自 2024 年 1 月 1 日 至 2024 年 12 月 31 日止年度财务报表 我们审计了后附癿亝通银行股仹有限公司 (以下简称"亝通银行") 财务报表，包拪 2024 年 12 月 31 日癿合幵资产负债表和资产负债表，2024 年度癿合幵利润表和利润表、合幵现金 流量表和现金流量表、合幵股东权益发劢表和股东权益发劢 ...

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 发行保荐书 保荐人（主承销商） 二〇二五年四月 交通银行股份有限公司 向特定对象发行 A股股票之发行保荐书 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》"）、《上海证券交易所上市公司证券发行上市审核规则》（以下 简称"《审核规则》"）等有关法律、法规和中国证券监督管理委员会（以下简 称"中国证监会"）的相关规定，诚实守信，勤勉尽责，严格按照依法制订的业 务规则、行业执业规范和道德准则出具本发行保荐书，并保证所出具文件的真实 性、准确性和完整性。 （本发行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 ...

Core Viewpoint - The total cash dividends proposed by major listed banks in China for 2024 exceed 560 billion yuan, marking an increase of over 10 billion yuan year-on-year, with state-owned banks dominating the distribution [1][3]. Group 1: Dividend Distribution - The six major state-owned banks plan to distribute over 420 billion yuan in cash dividends, with all having a dividend payout ratio of 30% or higher [1][3]. - Among the listed banks, China Merchants Bank leads with a cash dividend payout ratio of 35.32%, while Ping An Bank's ratio is below 30% at 28.32% [1][3][4]. - The total cash dividends for the six major banks include: Industrial and Commercial Bank of China (1,097.73 billion yuan), China Construction Bank (1,007.54 billion yuan), Agricultural Bank of China (846.61 billion yuan), Bank of China (713.60 billion yuan), China Merchants Bank (504.40 billion yuan), and Bank of Communications (281.46 billion yuan) [2][3]. Group 2: Changes in Dividend Amounts - Ping An Bank, Minsheng Bank, and Zheshang Bank have seen declines in their proposed dividend amounts, with decreases of 15.44%, 11.11%, and 4.88% respectively [2][6]. - The dividend payout ratio for Ping An Bank decreased from 30% in 2023 to 28.32% in 2024, attributed to the need for internal capital accumulation and regulatory compliance [6][9]. Group 3: Future Dividend Plans - China Merchants Bank plans to implement a mid-term dividend distribution for the first time in 2025, with a proposed payout ratio of 35% [5]. - Other banks, such as Industrial Bank and CITIC Bank, have also set ambitious dividend plans, with CITIC Bank aiming for a payout ratio of over 30% from 2024 to 2026 [5][12]. Group 4: Stock Dividend Yields - As of April 16, 2024, Ping An Bank has the highest dividend yield among the listed banks at 5.53%, followed by Zheshang Bank at 5.23% and Industrial Bank at 5.02% [8][9]. - The dividend yields for the six major state-owned banks are all above 4%, indicating strong investment value despite the overall low price-to-book ratios in the banking sector [7][11]. Group 5: Market Context and Valuation Plans - Many banks are currently trading below their book value, prompting over 20 banks to release valuation enhancement plans to improve their investment appeal [11][12]. - The valuation enhancement plans include commitments to maintain or increase dividend payouts, with banks like Bank of Communications and Ping An Bank outlining specific future dividend strategies [12][13].

上海市锦天城律师事务所 关于交通银行股份有限公司 2025 年第二次临时股东大会 2025 年第一次 A 股类别股东大会 2025 年第一次 H 股类别股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11、12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于交通银行股份有限公司 2025 年第二次临时股东大会 2025 年第一次 A 股类别股东大会 2025 年第一次 H 股类别股东大会的 法律意见书 致：交通银行股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受交通银行股份有限公司 （以下简称"公司"）的委托，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》"）、《上市公司股东会 规则》等法律、法规以及《交通银行股份有限公司章程》（以下简称"《公司章程》"） 的相关规定，指派律师出席公司 2025 年第二次临时股东大会、2025 年第一次 A 股类别股东大会、2025年第一次H股类别股东大会（以下简称"本次股 ...

Summary of the Conference Call for Traffic Bank's 2024 Annual Performance Company Overview - **Company**: Traffic Bank (交行) - **Event**: 2024 Annual Performance Conference Call Key Points and Arguments Financial Performance - **Net Operating Income**: 260.27 billion yuan, a year-on-year increase of 0.87% [5] - **Net Interest Income**: 169.83 billion yuan, a year-on-year increase of 3.48% [5] - **Net Interest Yield**: 1.27%, a decrease of 0.01 percentage points year-on-year [5] - **Return on Average Assets**: 0.65% [5] - **Return on Average Equity**: 9.08% [5] - **Loan Balance**: 8.56 trillion yuan, a year-on-year increase of 7.52% [5] - **Non-Performing Loan Ratio**: 1.31%, down 0.02 percentage points from the end of the previous year [6] - **Overdue Loan Ratio**: 1.38%, unchanged from the end of the previous year [6] Business Segments - **Corporate Banking**: - Profit: 60.59 billion yuan, with operating income of 125.96 billion yuan [6] - Loan balance: 5.57 trillion yuan, a year-on-year increase of 7.47% [6] - **Personal Banking**: - Profit: 19.20 billion yuan, with operating income of 102.64 billion yuan [7] - Personal loan balance: 2.75 trillion yuan, a year-on-year increase of 11.29% [7] - **Investment Banking**: - Underwriting of non-financial corporate debt financing tools: 198.87 billion yuan [7] Strategic Focus - **Support for Real Economy**: Emphasis on supporting key national strategies and weak links in the economy [2] - **Digital Transformation**: Commitment to enhancing digital capabilities and services [3] - **Risk Management**: Continuous improvement in risk management practices [3] Market Position and Outlook - **Market Trends**: The bank is focusing on enhancing its competitive position in Shanghai and leveraging its strengths in digital finance [10][14] - **Loan Growth Strategy**: Plans to increase loan growth in key sectors such as manufacturing, green finance, and technology innovation [21][22] - **Credit Demand**: Anticipated stable growth in credit demand, particularly in key economic regions [22] Shareholder Returns - **Dividend Distribution**: Cash dividend of 0.379 yuan per share, totaling 28.146 billion yuan, representing 32.68% of net profit attributable to shareholders [44] - **Dividend Policy**: Commitment to maintaining a stable and predictable dividend policy [45] Challenges and Risks - **Asset Quality**: Ongoing monitoring of asset quality, particularly in the real estate sector, with a focus on risk mitigation [39][40] - **Market Conditions**: Facing pressures from external economic conditions and competition [24][41] Digital and Technological Initiatives - **Investment in Technology**: 11.43 billion yuan invested in financial technology, representing 5.41% of revenue [34] - **AI and Data Utilization**: Implementation of AI technologies to enhance operational efficiency and customer service [36][37] Additional Important Information - **Customer Base**: Retail customer count reached 199 million, with significant growth in wealth management and private banking [8] - **Green Finance Initiatives**: Increased focus on green loans, with a 30.85% year-on-year increase in clean energy loans [10] - **Cross-Border Services**: Expansion of cross-border payment capabilities and international operations [10][17] This summary encapsulates the key points discussed during the conference call, highlighting Traffic Bank's financial performance, strategic initiatives, market outlook, and commitment to shareholder returns while addressing potential risks and challenges.

Summary of the Conference Call for Bank of Communications (交通银行) Company Overview - The conference call was held to discuss the 2024 annual performance of Bank of Communications (BoCom) and involved key executives including the Vice Chairman and President Zhang Baojiang and other senior management members [1][4]. Key Points and Arguments Financial Performance - BoCom reported a net operating income of 260.27 billion yuan, a year-on-year increase of 0.87% [5]. - Net interest income reached 169.83 billion yuan, up by 3.48% year-on-year [5]. - The bank's non-performing loan (NPL) ratio was 1.31%, a decrease of 0.02 percentage points from the previous year [5][39]. - The total customer loan balance was 8.56 trillion yuan, reflecting a growth of 7.52% compared to the previous year [5]. Strategic Focus Areas - The bank emphasized its commitment to supporting the real economy and enhancing value creation through targeted lending in key sectors such as manufacturing and green finance [2][4]. - Digital transformation is a priority, with efforts to reshape financial services and improve customer engagement through technology [3][4]. - BoCom aims to strengthen risk management practices, viewing it as a critical aspect of its operations [3][4]. Business Segments - Corporate banking reported a profit of 60.59 billion yuan, with a loan balance of 5.57 trillion yuan, marking a 7.47% increase [6]. - Personal banking achieved a profit of 19.20 billion yuan, with personal loans growing by 11.29% [7]. - Wealth management saw assets under management increase by 9.74% to 5.49 trillion yuan [8]. Market Position and Competitive Strategy - BoCom is focusing on enhancing its competitive edge in Shanghai, leveraging its position as a major financial hub [14][17]. - The bank is actively involved in cross-border payment systems and has established a strong international presence with 66 overseas branches [10]. Future Outlook - The bank plans to increase its loan growth target for 2025, aiming for a total increase of 480 billion yuan in corporate loans, focusing on sectors aligned with national strategies [21][22]. - BoCom anticipates challenges in maintaining asset quality due to external pressures, particularly in the real estate sector [39][40]. - The bank is committed to enhancing its digital capabilities and expanding its service offerings to meet evolving customer needs [33][34]. Shareholder Returns - BoCom has maintained a stable dividend policy, with a cash dividend distribution of 0.379 yuan per share for 2024, representing 32.68% of net profit attributable to shareholders [44][45]. Additional Important Information - The bank's focus on technology includes significant investments in fintech, with technology expenditures accounting for 5.41% of revenue [34][35]. - BoCom is exploring innovative financial products and services to enhance customer experience and operational efficiency [36][37]. - The bank's approach to risk management includes proactive measures to address potential asset quality issues and external economic pressures [39][40]. This summary encapsulates the key insights from the conference call, highlighting the financial performance, strategic initiatives, market positioning, and future outlook of Bank of Communications.

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。 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」）將於二零二五年四月 二十九日（星期二）舉行董事會會議藉以審議及批准（其中包括）本行及其附屬公司 截至二零二五年三月三十一日止三個月之未經審核季度業績。 承董事會命 交通銀行股份有限公司 何兆斌 公司秘書 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03328) 中國上海 2025年4月15日 * 非執行董事 # 獨立非執行董事 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、李龍成先生*、汪林平先生*、常保升先生*、廖宜建先生*、 陳紹宗先生 * 、穆國新先生 * 、艾棟先生 * 、羅小鵬先生 * 、石磊先生 # 、 張向東先生 # 、李曉慧女士 # 、馬駿先生 # 、王天澤先生 # 及肖偉先生 # 。 ...

金融界4月15日消息，A股三大指数收盘涨跌不一，中证海外内地股金融指数 (CN80金融，L11156)报 2475.21点。 据了解，中证海外内地股指数系列将中证海外内地股指数样本按中证行业分类标准进行分类，再以各自 行业全部证券作为对应行业指数的样本。该指数以2004年12月31日为基日，以1000.0点为基点。 从中证海外内地股金融指数持仓样本的行业来看，金融占比100.00%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当对应的母指数调整样本时， 行业指数样本将相应调整。当样本公司有特殊事件发生，导致其行业归属发生变更时，将对指数进行相 应调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照 计算与维护细则处理。 数据统计显示，中证海外内地股金融指数近一个月下跌5.57%，近三个月上涨9.88%，年至今上涨 2.83%。 从指数持仓来看，中证海外内地股金融指数十大 ...