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 ...

最近权益市场下跌的逻辑比较清晰，美股上周三盘中开始传汽车关税要落地，并且周三盘后正式 签署了行政命令，同时签署的时候明确表示 对等关税4月2日生效 ，然后美股上周三开始连跌三 天，纳指跌超5%，而黄金开始连涨，现货黄金从3000美刀的位置， 以每天1%的速度向上突破， 今天上午突破了3100美刀，继续历史新高。 市场的避险情绪很明确，且可能一直到4月2日前后都是这么个环境，这里提到的4月2日，是美国 东部时间的白天，换算过来，就是我们4月3日，也就是周四的凌晨或者上午，所以，对A股和H 股的冲击，理论上会延续到周四。 今天A股和H股都算很顽强了，下午拉起来后，恒生指数跌1%出头，wind全A跌不到1%，而海外 一片狼藉，特别是亚太地区，日本跌超4%、韩国跌超3%、中国台湾跌超4%，欧洲那边跌幅也不 小，而美股纳指期货目前也跌超1%，纳指可能今晚会创年内的新低。 过程中，等待机会吧， 看看能不能等到A股3300点以下的筹码 。 ...... 聊一下大行5000亿的注资吧 ，今天，获得定增的四家， 建行、中行、交行、邮储 ，今天涨幅分 别是3.64%、1.82%、1.22%、0.19%，而银行指数涨幅0.35%， ...

今日，A股市场延续跌势，超4 000只个股飘绿。量能略微提升至1 . 2万亿左右；港股方面跌幅同样惨烈，恒 生指数一度跌逾1. 5%、恒科指一度跌逾3%。 资本市场集体跳水，主要原因是 海外关税风险正在逼近 。 据中国基金报消息，百达资产管理日本有限公司（Pi c t e t Ass e t Ma na geme nt J a pa n Lt d．）投资策略主管 J ump e i Ta na ka表示，"在4月2日的关税之前，市场可能会感到紧张。" 0 1 罕见出手，5200亿天量资金 周末传来大消息 ，交行、中行、建行、邮储几乎是同时发布公告，分别定向增发募资1200亿、16 50亿， 105 0亿和1300亿，合计募资5 200亿补充一级核心资本，其中财政部包揽了整整5 000亿。 历史上， 国有大行有三轮主要注资，还是非常罕见的。 上一次还是1 5年前！当时主要是为了应对外资银行冲击，主动要把四大行推向市场，第一步就是 要推动他们股改上市，财政部是用了外汇储备的钱，通过中央汇金对工农中建分别注资15 0亿美 元、190亿美元、2 2 5亿美元、225亿美元，搞了注资、处置了不良资产，又引进了战略投资者 ...

来源：财政部网站 财政部积极支持国有大型商业银行补充核心一级资本。 财政部表示，按照党中央和国务院决策部署，2025年，财政部将发行首批特别国债5000亿元，积极支持中国银行、中国建设银行、交通银行、中国邮政储蓄 银行补充核心一级资本。此次资本补充工作将按照市场化、法治化原则稳妥推进。 当前，国有大型商业银行经营发展稳健，资产质量稳定，拨备计提充足，主要监管指标均处于"健康区间"。通过发行特别国债支持相关国有大型商业银行补 充核心一级资本，有利于进一步巩固提升银行的稳健经营能力，促进银行高质量发展，为投资者创造更大价值和带来长期稳定的回报，有利于银行更好发挥 服务实体经济的主力军作用，为国民经济行稳致远提供有力支撑。 责编：李丹 校对： 冉燕青 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes END 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 特朗普，突发！震动全球金融市场 丨 刚刚 ...

作 者丨 周炎炎 编 辑丨方海平 黎雨桐 财政部网站3月3 1日消息，按照党中央和国务院决策部署， 2 0 2 5年，财政部将发行首批特别 国债5 0 0 0亿元，积极支持中国银行、中国建设银行、交通银行、中国邮政储蓄银行补充核心 一级资本。 此次资本补充将按照市场化、法治化原则稳妥推进。 本轮增资的起点为去年9月2 4日的国新办发布会，国家金融监督管理总局局长李云泽在会上曾 表示，为巩固提升大型商业银行稳健经营发展的能力，更好地发挥服务实体经济的主力军作 用，经研究，国家计划对六家大型商业银行增加核心一级资本，将按照"统筹推进、分期分 批、一行一策"的思路，有序实施。 财政部从此控股交行！高管回应定价、保护中小股东权益等话题 交行3月3 0日下午就增资事宜举行针对媒体和分析师的发布会。交行党委书记、董事长、执行 董事任德奇对记者表示："给我们注资是一场'及时雨'，可有效缓解交行资本的压力，也让我 们以更大的力度去支持实体经济，更好发挥主力军作用。" 他提到，此次资本补充于交行而言有三个重大意义：一是有利于增强服务实体经济的能力； 第二有利于促进交行高质量发展，能够更好地做优做强；第三有利于交行更好地满足监管 ...

当地时间 3 月 31 日，据俄罗斯"消息报"援引俄直接投资基金总裁德米特里耶夫的话说，俄美已经启动 有关俄罗斯稀土金属项目的讨论。德米特里耶夫表示，美国企业对潜在的合作协议已表现出兴趣，预计 俄美代表将于四月中旬在沙特首都利雅得举行新一轮会谈。报道称，俄美双方重启对话后不仅讨论政治 议题，还涉及经济合作等领域。 重点品种： 股指、原油、黄金 首席点评： 政策逐步落地，宏观氛围向好 按照党中央和国务院决策部署， 2025 年，财政部将发行首批特别国债 5000 亿元，积极支持中国银行、 中国建设银行、交通银行、中国邮政储蓄银行补充核心一级资本。此次资本补充工作将按照市场化、法 治化原则稳妥推进。 原油： sc 夜盘下跌 0.68% 。在特朗普对委内瑞拉原油买家加征关税的消息宣布后，全球最大的综合型 炼油厂印度信实工业公司将停止从委内瑞拉进口原油。国际能源署表示，随着经济复苏后，世界石油需 求增长放缓，以及航空和石化原料需求导致的石油消费，石油在全球能源需求中的份额在 2024 年首次 降至 30% 以下。特朗普最新宣布从下周起对进口汽车和轻型卡车征收 25% 关税对石油需求的影响。人 们认为，这可能会推高汽车 ...

重磅回购也在周末出现。3月28日晚，美的集团披露股份回购计划，拟用50亿元至100亿元回购公司股 份，其中70%及以上将用于注销以减少注册资本，且已取得不超过90亿元的贷款资金银行承诺函。 行业方面亦是利好不断，特别是具身智能机器人等。在电动汽车百人会论坛采访间，长城汽车CTO吴会肖 透露，目前长城已经与宇树科技签订战略协议。合肥设立100亿元未来产业基金推动智能机器人产业发 展。3月30日，中关村战新基金在2025中关村论坛年会上正式发布，规模100亿元，聚焦投资战略新兴产 业和未来产业，培育和服务一批优质企业加速发展。 撬动4万亿信贷增量？ 据交通银行、中国银行、建设银行和邮储银行发布的公告，四家国有大行此次拟发行规模均不超过发行前 总股本的30%，合计募资规模达5200亿元。其中，中国银行、建设银行分别拟发行不超过272.73亿股、 113.27亿股，每股发行价分别为6.05元、9.27元。财政部将分别出资1650亿元、1050亿元认购两家银行 全部新增股份。 对于银行本身而言，有机构认为，邮储2024年末核心一级资本充足率9.56%，建行虽达14.48%，但信贷 扩张压力下需未雨绸缪。注资后邮储普通一 ...

2、多只龙头宽基ETF披露2024年年报，中央汇金的持仓动向随之曝光。以持有ETF总市值计算， 截至2024年末，中央汇金投资有限责任公司持有ETF总 市值为6616.97亿元，中央汇金资产管理有限责任公司持有ETF总市值为3821.84亿元，两家公司合计持有ETF总市值突破万亿元。 3、银行消费贷利率或将迎来重要变化。 部分股份行、国有大行地方分行人士透露，接到总行通知称，消费贷利率4月起上调，3%以下产品或被叫停。 今 年消费贷市场竞争激烈，个别银行产品利率低至2.4%，近期多家银行密集跟进政策举措，"松绑"相应消费贷产品。 // 热点聚焦 // 1、 交通银行、中国银行、建设银行和邮储银行齐齐发布公告称，董事会通过了向特定对象发行A股股票的议案，并对外发布关于财政部战略投资该行的 公告。财政部将以现金方式认购中国银行、建设银行全部新发行股份，并包揽交通银行、邮储银行超过九成的新发行股份，合计出资规模达5000亿元。 四家银行此番集中公告意味着财政部发行特别国债补充大行资本落地在即。交行特别指出，本次发行完成后，财政部持股比例超过30%，将成为该行控股 股东。而在本次发行完成前，交行无控股股东、实际控制人 ...

Financial Performance - Net interest income for the year 2024 reached RMB 169,832 million, an increase of 3.1% compared to RMB 164,123 million in 2023[7] - Net profit attributable to shareholders for 2024 was RMB 93,586 million, a slight increase of 0.9% from RMB 92,728 million in 2023[7] - The pre-tax profit was RMB 103.475 billion, an increase of RMB 3.777 billion, or 3.79% year-on-year[34] - The net profit attributable to shareholders of the parent company was RMB 93.586 billion, a year-on-year increase of 0.93%[33] - Net operating income for 2024 was RMB 260,269 million, slightly up from RMB 258,014 million in 2023, indicating a growth of 0.87%[102] - Pre-tax profit rose to RMB 103,475 million in 2024, compared to RMB 99,698 million in 2023, reflecting an increase of 3.79%[102] Asset and Loan Growth - Total assets at the end of 2024 amounted to RMB 14,900,717 million, representing a growth of 5.9% from RMB 14,060,472 million in 2023[8] - Customer loans increased to RMB 8,555,122 million, up 7.5% from RMB 7,957,085 million in 2023[8] - The total assets of the group reached RMB 14.90 trillion, an increase of 5.98% compared to the end of the previous year[32] - Customer loan balance amounted to RMB 8.56 trillion, increasing by RMB 598.04 billion, a growth of 7.52%[32] - The total loan balance as of December 31, 2024, was RMB 855.51 billion, an increase from RMB 795.71 billion in the previous year[99] Deposit and Funding - The bank's total customer deposits reached RMB 8,800,335 million, an increase of 2.9% from RMB 8,551,215 million in 2023[8] - Customer deposit balance was RMB 8.80 trillion, up by RMB 249.12 billion, a growth of 2.91%[32] - Customer deposits, the primary source of funding, reached RMB 880.03 billion, up RMB 24.91 billion or 2.91% year-on-year, accounting for 64.03% of total liabilities, a decrease of 1.95 percentage points[88] Non-Performing Loans and Asset Quality - The non-performing loan ratio improved to 1.31%, down from 1.33% in the previous year[12] - The provision coverage ratio was 201.94%, an increase of 6.73 percentage points from the end of the previous year[33] - The bank's non-performing loan balance reached CNY 111.68 billion, with a non-performing loan ratio of 1.31%, a decrease of 0.02 percentage points year-on-year[164] - During the reporting period, the bank disposed of non-performing loans amounting to CNY 66.67 billion, a year-on-year increase of 3.0%, with substantial recoveries of CNY 30.38 billion[163] Shareholder Information - The number of ordinary shareholders increased to 261,229 at the end of the reporting period, up from 245,103 as of February 28, 2025[14] - HSBC Holdings plc holds 14,135,636,613 H-shares, representing 19.03% of the total issued shares[22] - The Ministry of Finance of the People's Republic of China owns 13,178,424,446 A-shares, accounting for 17.75% of the total issued shares[17] - The National Social Security Fund holds a total of 12,170,541,195 shares (A and H combined), which is 16.39% of the total issued ordinary shares[16] Financial Ratios - The capital adequacy ratio stood at 16.02%, an increase from 15.27% in 2023[13] - The weighted average return on equity decreased to 9.08% from 9.68% in 2023[12] - The net interest margin for the group was 1.11%, a decrease of 3 basis points year-on-year[48] - The average interest rate on interest-earning assets was 3.37%, down from 3.59% in the previous year[48] Business Operations and Strategy - The company aims to build a world-class banking group with distinctive advantages, focusing on serving the real economy and optimizing financial products and services[104] - The company plans to enhance its analysis of economic and financial conditions to optimize its securities investment strategy[76] - The company aims to improve its liability quality management system to ensure the safety, liquidity, and profitability of its operations[84] - The company established a digital finance committee to enhance decision-making and organization in digital transformation efforts[110] Technology and Digital Transformation - The number of active monthly users (MAU) for the personal mobile banking app reached 55.41 million, representing a 12.84% increase compared to the end of the previous year[151] - The "Cloud Bank" remote video service provided 1.98 million services, a 2.3 times increase year-over-year[152] - The company launched an AI action plan for 2025-2026, establishing a framework for AI capabilities and applications, completing over 100 model scenarios[156] - Financial technology investment amounted to CNY 11.43 billion, accounting for 5.41% of operating income, a decrease of 0.23 percentage points year-over-year[154] Risk Management - The bank's risk management framework emphasizes a unified approach to credit risk management and compliance with regulatory requirements[161] - The group aims to enhance its risk management capabilities, focusing on preventing systemic risks and improving cybersecurity measures[196] - The group conducted regular liquidity risk stress tests, confirming that liquidity risks remain within controllable limits under various stress scenarios[190] Employee and Corporate Governance - The total number of employees at the end of the reporting period was 95,746, with a gender distribution of 45.02% male and 54.98% female[198] - The group emphasizes equal employment and fair compensation, ensuring compliance with regulatory requirements in its compensation policies[199] - Over 40% of performance-based compensation for senior management and key positions will be deferred for at least three years[200]

Financial Performance - Net operating income for Q3 2024 was RMB 63,861 million, a year-on-year increase of 3.29%[3] - Profit before tax for the first nine months of 2024 was RMB 72,886 million, a slight decrease of 0.96% year-on-year[3] - Net profit attributable to shareholders for Q3 2024 was RMB 23,403 million, reflecting a year-on-year increase of 1.19%[3] - Basic earnings per share for Q3 2024 was RMB 0.28, unchanged from the previous quarter[3] - The net operating income for the first nine months of 2024 was CNY 196.411 billion, a year-on-year decrease of 1.37%[12] - The net profit attributable to shareholders of the parent company for the first nine months of 2024 was CNY 68.690 billion, a year-on-year decrease of 0.69%[12] - The company reported a net profit of RMB 69,412 million for the nine months ended September 30, 2024, compared to RMB 69,680 million for the same period in 2023[26] - For the nine months ended September 30, 2024, the total comprehensive income was RMB 75,380 million, an increase from RMB 74,153 million in the same period of 2023, representing a growth of 1.65%[29] - Net profit attributable to the parent company shareholders for the same period was RMB 68,690 million, slightly down from RMB 69,166 million in 2023, indicating a decrease of 0.69%[29] Asset and Liability Management - Total assets increased by 3.80% to RMB 14,594,709 million as of September 30, 2024, compared to RMB 14,060,472 million at the end of 2023[3] - Total liabilities increased by 3.81% to RMB 13,454,955 million, up from RMB 12,961,022 million[3] - The total equity attributable to shareholders of the parent company increased to RMB 1,127,908 million from RMB 1,088,030 million, reflecting a growth of 3.66%[34] Customer Loans and Deposits - Customer loans rose by 6.10% to RMB 8,442,157 million from RMB 7,957,085 million[3] - Customer deposits grew by 2.06% to RMB 8,727,029 million, compared to RMB 8,551,215 million[3] - The total customer loan balance at the end of the reporting period was CNY 8,442.157 billion, an increase of CNY 485.072 billion, or 6.10% compared to the end of the previous year[17] - The total customer deposit balance at the end of the reporting period was CNY 8,727.029 billion, an increase of CNY 175.814 billion, or 2.06% compared to the end of the previous year[18] Credit Quality - The non-performing loan balance at the end of the reporting period was CNY 111.500 billion, an increase of CNY 5.812 billion, or 5.50% compared to the end of the previous year[20] - The provision coverage ratio was 203.87%, an increase of 8.66 percentage points compared to the end of the previous year[20] - The total amount of loans classified as "concerned" is RMB 133,091 million, with a concerned loan ratio of 1.58%[21] - The company reported a decrease in the NPL ratio compared to the end of the previous year, indicating stable asset quality[22] - The total loan balance as of September 30, 2024, is RMB 8,442,157 million, with a non-performing loan (NPL) ratio of 1.32%[22] - The overdue loan balance is RMB 117,353 million, with an overdue loan ratio of 1.39% as of September 30, 2024[22] - The company’s focus on corporate loans accounts for 65.55% of the total loan portfolio, with a corporate NPL of RMB 82,726 million and an NPL ratio of 1.49%[22] - The company’s credit card loans total RMB 507,465 million, with a non-performing loan ratio of 2.39%[22] Income and Expenses - The company’s interest income for the nine months ended September 30, 2024, is RMB 340,379 million, while interest expenses are RMB 213,583 million, resulting in a net interest income of RMB 126,796 million[26] - The net interest income for the first nine months of 2024 was CNY 126.796 billion, an increase of CNY 2.671 billion, or 2.15% year-on-year[13] - The net fee and commission income for the first nine months of 2024 was CNY 29.353 billion, a year-on-year decrease of CNY 4.762 billion, or 13.96%[14] - The credit impairment losses for the nine months ended September 30, 2024, amount to RMB 44,841 million[26] Cash Flow and Investments - Cash flow from operating activities before changes in operating assets and liabilities was RMB 55,102 million, down from RMB 59,955 million in the previous year, a decrease of 8.93%[35] - The net cash flow from investing activities was RMB (1,154) million, a significant improvement compared to RMB (78,905) million in the same period of 2023[37] - Cash and cash equivalents at the end of the period stood at RMB 160,261 million, compared to RMB 191,589 million at the end of the previous year, indicating a decrease of 16.27%[37]