Core Insights - Chongqing Rural Commercial Bank reported a net profit of 10.925 billion yuan for the first nine months of 2025, representing a year-on-year increase of 3.32% [1] - The net profit attributable to shareholders was 10.694 billion yuan, up 3.74% compared to the same period last year [1] - The annualized average return on total assets was 0.92%, a decrease of 0.03 percentage points year-on-year [1] - The annualized weighted average return on equity was 10.82%, down 0.30 percentage points from the previous year [1] Financial Performance - The group achieved an operating income of 21.657 billion yuan, reflecting a year-on-year growth of 0.81% [1] - Net interest income was 17.850 billion yuan, an increase of 6.88% compared to the same period last year [1] - Net fee and commission income stood at 1.057 billion yuan [1] - The net interest margin was 1.59%, a slight decrease of 0.02 percentage points year-on-year, with a narrowed decline of 0.14 percentage points [1] Asset Quality - As of September 30, 2025, the group reported a non-performing loan balance of 8.711 billion yuan [1] - The non-performing loan ratio was 1.12%, down 0.06 percentage points from the end of the previous year [1] - The provision coverage ratio increased to 364.82%, up 1.38 percentage points from the end of last year [1]

证券代码：601077 证券简称：渝农商行 公告编号：2025-039 重庆农村商业银行股份有限公司 关于关联交易事项的公告 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： 本行第五届董事会第六十三次会议审议通过了《关于审议重庆三峡融资担保 集团股份有限公司非授信类关联交易的议案》，上述议案经本次董事会有效表决 票全票通过（董事胡淳女士因关联关系回避表决）。会议同意与三峡担保开展担 保业务合作，担保合作额度 60 亿元，合作期限 2 年。上述议案已经本行第五届 董事会独立董事专门会议第十次会议、第五届董事会关联交易控制委员会第四十 次会议审议通过。 根据国家金融监督管理总局、上海证券交易所相关规定，上述交易属于重大 关联交易，应在本行独立董事专门会议、关联交易控制委员会审议后，提交本行 董事会审议，无需提交股东大会审议。 （二）关联关系及关联交易情况 本行主要股东重庆渝富资本运营集团有限公司为重庆渝富控股集团有限公 司的全资子公司，重庆渝富控股集团有限公司持有三峡担保 50%股权，同时三峡 担保持有本行 0.13 ...

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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對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的任何損失承擔任何責任。 Chongqing Rural Commercial Bank Co., Ltd. * * : 3618 2025年第三季度報告 重慶農村商業銀行股份有限公司Chongqing Rural Commercial Bank Co., Ltd.*（「本行」或 「本銀行」）董事會（「董事會」）欣然宣佈本行及所屬子公司（「本集團」）截至2025年9月30 日止第三季度期間（「本報告期」）按照國際財務報告準則編製的未經審計業績（「本季度報 告」）。本季度報告乃根據香港聯合交易所有限公司（「香港聯交所」）證券上市規則（「上市 規則」）第13.09條及證券及期貨條例（香港法例第571章）第XIVA部項下之內幕消息條文 （定義見上市規則）的要求做出。 重要內容提示 1 本行行長隋軍先生代為履行董事長職務，至本行新任董事長任職資格獲監管機構核准之日 止。 - 1 - 1. 本行董事會、監事會及董事、監事、高級管理人員保證 ...

证券代码：601077 证券简称：渝农商行 公告编号：2025-038 二、《关于审议<重庆农村商业银行股份有限公司资金业务三年改革行动方 案（2025-2027）>的议案》 表决情况：有效表决票 7 票，同意 7 票，反对 0 票，弃权 0 票。 三、《关于审议重庆农村商业银行股份有限公司 2025 年第三季度第三支柱 披露报告的议案》 表决情况：有效表决票 7 票，同意 7 票，反对 0 票，弃权 0 票。 第五届董事会第六十三次会议决议公告 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。 重庆农村商业银行股份有限公司（以下简称"本行"）第五届董事会第六十 三次会议于 2025 年 10 月 28 日在本行总行 401 会议室以现场结合通讯方式召开。 本行已于 2025 年 10 月 15 日以电子邮件形式发出会议通知和材料，于 2025 年 10 月 23 日以电子邮件形式发出会议补充通知和材料。本次会议应出席董事 8 名， 实际出席董事 8 名（其中，现场出席董事 1 名，董事胡淳女士、殷祥林先生、彭 玉龙先生、张桥云先 ...

: 3618 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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對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的任何損失承擔任何責任。 Chongqing Rural Commercial Bank Co., Ltd. * * 海外監管公告 本公告乃重慶農村商業銀行股份有限公司Chongqing Rural Commercial Bank Co., Ltd.* （「本行」）根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列本行在上海證券交易所網站刊發之《重慶農村商業銀行股份有限公司第五屆董事會 第六十三次會議決議公告》《重慶農村商業銀行股份有限公司關於關聯交易事項的公告》， 謹供參閱。 承董事會命 重慶農村商業銀行股份有限公司* Chongqing Rural Commercial Bank Co., Ltd.* 執行董事兼行長 隋軍 中國 • 重慶，2025年10月28日 於本公告日期，本行執行董事為隋軍先生；本行非執行董事為胡淳女士、殷祥林先生及 彭玉龍先生；及本行獨立非執行董事為張橋雲先生、李明豪 ...

重庆农村商业银行股份有限公司 2025 年第三季度报告 证券代码：601077 证券简称：渝农商行 重庆农村商业银行股份有限公司 CHONGQING RURAL COMMERCIAL BANK CO., LTD. 2025 年第三季度报告 1 / 21 重庆农村商业银行股份有限公司 2025 年第三季度报告 重庆农村商业银行股份有限公司 2025 年第三季度报告 一、主要财务数据 （一）主要会计数据和财务指标 重要内容提示 1.本行董事会、监事会及董事、监事、高级管理人员保证季度 报告内容的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.本行行长隋军1、主管会计工作的副行长张进及会计机构负责 人刘一保证季度报告中财务报表信息的真实、准确、完整。 3.本行第三季度财务报表未经审计。 1 本行行长隋军先生代为履行董事长职务，至本行新任董事长任职资格获监管机构核准之日止。 2 / 21 本季度报告所载财务资料按照企业会计准则编制，除特别注明 外，为本集团数据，以人民币列示。 | 项目 | 2025 年 | 9 月 | 30 | 日 | 2024 年 | 12 月 | 31 ...

格隆汇10月28日｜渝农商行公告，第三季度营收为69.17亿元，同比增长1.10%；净利润为30.78亿元， 同比增长2.14%。前三季度营收为216.58亿元，同比增长0.67%；净利润为109.25亿元，同比增长 3.32%。 ...

Investment Rating - The investment rating for the banking industry is "Positive" and is maintained [10] Core Insights - The A-share risk appetite has temporarily rebounded, with the banking index lagging behind, while H-shares of major banks have outperformed. The proportion of southbound holdings has increased, indicating a sustained interest in H-shares due to their undervaluation and high dividend characteristics [2][9] - The central bank's report for Q3 2025 indicates a negative growth rate for real estate loans, with a year-on-year decline of 0.1%. This marks the first negative growth in real estate development loans since Q2 2022, primarily driven by weak sales [6][7][39] - The performance of banks that have disclosed their Q3 results shows an upward trend in profit growth, with interest income rebounding. Chongqing Bank reported a surprising growth of over 10% in the first three quarters [8][49] Summary by Sections Banking Index Performance - The banking index rose by 1.3% this week, underperforming compared to the CSI 300 and ChiNext indices, which saw excess returns of -1.9% and -6.7% respectively. Agricultural Bank of China H-shares led the gains with a 7.9% increase, while the A/H share growth for Agricultural Bank reached 56.4% and 43.6% respectively [2][9][18] Loan Trends - The central bank's Q3 report shows that the proportion of corporate loans has increased, while industrial medium- and long-term loan growth has declined to 9.7%, down 1.5 percentage points from the previous quarter. Real estate loans have turned negative, with development loans down 1.3% year-on-year, reflecting weak sales [6][38][39] - Personal housing loans also saw a year-on-year decline of 0.3%, with a net decrease of 292.1 billion yuan in Q3, indicating ongoing weakness in the housing market [7][39] Bank Earnings Reports - As of October 24, banks such as Huaxia Bank, Ping An Bank, and Chongqing Bank have reported their Q3 earnings. Chongqing Bank's performance exceeded expectations with over 10% growth, while Huaxia and Ping An faced challenges due to non-interest income declines [8][49][51] Market Dynamics - The market dynamics indicate a recovery in trading volumes and turnover rates for bank stocks, with a notable increase in the turnover rate for joint-stock banks. The overall trading environment for bank stocks is expected to improve as previous funding pressures ease [29][30]

Investment Rating - The industry investment rating is maintained at "Overweight" [4][7]. Core Insights - The new policy financial tools have been implemented to boost credit demand, with over 330 billion yuan allocated by three policy banks [3][27]. - A total of 500 billion yuan in new policy financial tools has been initiated, with 250 billion yuan already invested in 12 major economic provinces, focusing on infrastructure, foreign trade, and emerging sectors like digital economy and AI [4][5]. - The expected leverage effect of the 500 billion yuan policy financial tools could generate approximately 5 trillion yuan in investments and 4 trillion yuan in loans [4][29]. - The rapid deployment of these financial tools is anticipated to enhance credit demand in the fourth quarter, particularly benefiting regional banks due to the demonstration effect from major economic provinces [5][29]. Summary by Sections Market Review - The banking index increased by 1.40% during the period from October 20 to October 26, 2025, underperforming the CSI 300 index by 1.84 percentage points [9]. - The performance of major banks was relatively strong, with Agricultural Bank of China leading with a 4.86% increase [9]. Financial Market - The central bank's net injection in the open market was 198.1 billion yuan, maintaining a loose monetary environment [18]. - The average issuance rates for one-year interbank certificates of deposit were 1.68% for state-owned banks and 1.74% for regional banks, with a notable increase in net financing of 425.3 billion yuan in October [22][26]. Industry Dynamics - The policy financial tools are expected to support long-term public loans and improve loan term structures, with a focus on sustainable credit demand release during project operation cycles [29]. - Investment in emerging industries, particularly AI, is projected to maintain strong financing demand, with technology innovation loans expected to grow rapidly [5][29]. Investment Recommendations - The report suggests focusing on state-owned banks for their stable high dividend yields and potential valuation recovery opportunities for joint-stock and regional banks amid improving economic expectations [7][30].

Core Points - Chongqing Rural Commercial Bank announced a change in the designated sponsor representative for its ongoing IPO project, with CICC continuing its supervisory role [1] - The previous supervisory period ended on December 31, 2021, but due to unresolved matters related to the IPO, CICC will maintain its oversight responsibilities [1] - Liu Zihan has been replaced by Lü Su as the new representative due to Liu's job change [1]