Core Insights - Multiple A-share listed banks have seen significant share purchases by executives and major shareholders since 2025, indicating confidence in the banking sector's long-term value [1][5] - Recent quarterly reports show that most city commercial banks have stabilized and improved their net interest margins compared to the end of the first half of the year [1] Group 1: Shareholder Activity - Over 10 banks have received share purchases from shareholders or executives, including Xiamen Bank, Suzhou Bank, Chengdu Bank, Chongqing Bank, Shanghai Bank, Everbright Bank, Lanzhou Bank, Postal Savings Bank, and Wuxi Bank, with city commercial banks being the majority [1] - On November 7, Qilu Bank reported that its directors, supervisors, and senior executives had collectively increased their holdings by approximately 3.15 million yuan, accounting for 90% of the planned increase [3] - Qingdao Bank's major shareholder, Guoxin Chanin Holdings, increased its stake through the Hong Kong Stock Connect, raising its total shareholding to 15.42%, making it the largest shareholder [5] Group 2: Financial Performance - Among the 42 listed banks, 35 reported a year-on-year increase in net profit for the first three quarters, with seven banks achieving double-digit growth, including Qingdao Bank, Qilu Bank, Hangzhou Bank, Jiangyin Bank, Changshu Bank, Shanghai Pudong Development Bank, and Chongqing Bank [5] - The recent quarterly reports reflect a positive performance for banks this year, contributing to market confidence [5]

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies. Group 1: Increased Holdings - Haotian International Construction (01341) saw the largest increase in holdings, up by 1.72% to a total of 64.45% [1][2] - Ruipu Lanjun (00666) and China Duty Free Group (01880) also experienced notable increases of 1.13% and 1.08%, bringing their holdings to 7.34% and 39.40% respectively [1][2] - Over the last five trading days, Haotian International Construction (01341) led with a 12.27% increase, followed by Qingdao Bank (03866) at 8.03% and Anjuke Food (02648) at 4.30% [1][3] Group 2: Decreased Holdings - Longpan Technology (02465) faced the largest decrease in holdings, down by 7.59% to 39.67% [1][2] - Chalco International (02068) and Derlin Holdings (01709) also saw reductions of 1.04% and 0.94%, with holdings at 20.51% and 30.09% respectively [1][2] - In the last five trading days, New天绿色能源 (00956) had the most significant drop at 9.06%, followed by Zhongze Feng (01282) at 7.46% and Longpan Technology (02465) at 6.35% [1][3] Group 3: Summary of Top Changes - The top 20 companies with increased holdings include Haotian International Construction (01341), Ruipu Lanjun (00666), and China Duty Free Group (01880) [2] - The top 20 companies with decreased holdings include Longpan Technology (02465), Chalco International (02068), and Derlin Holdings (01709) [2] - The data reflects a dynamic shift in investor sentiment and market positioning among these companies [1][2][3]

Core Insights - Qingdao Rural Commercial Bank and Qingdao Bank have successfully obtained clearing member qualifications from the Shanghai Clearing House and launched general repurchase business, marking a significant breakthrough for Shandong's financial institutions in the interbank market clearing mechanism [1] - The launch of this innovative business fills a market gap for city commercial banks and rural commercial banks in Shandong province, providing practical experience for local financial institutions to enhance fund operation efficiency and risk management capabilities [1] - The People's Bank of China has approved the general repurchase business, which will officially launch in April 2024, allowing participants to submit bonds to a collateral pool and conduct repurchase transactions through the interbank lending center [1] Summary by Sections - **Business Development** - The general repurchase business has been introduced to enhance the operational efficiency of financial institutions in Shandong [1] - A total of 17 transactions have been conducted by local financial institutions, amounting to 12.08 billion yuan [2] - **Market Impact** - The business aims to reduce counterparty risk and improve market liquidity while supporting the smooth transmission of monetary policy [1] - The Shanghai Clearing House has expanded the range of participants in the general repurchase business to include deposit-taking financial institutions and added new categories of eligible collateral [1]

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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Bank of Qingdao Co., Ltd.* 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條作出。 如下公告已於深圳證券交易所網站刊登，僅供參閱。 青島銀行股份有限公司 (1) 董事會決議公告 (2) 關於調整2025年日常關聯交易預計額度的公告 特此公告。 承董事會命 青島銀行股份有限公司* 青 島 銀 行 股 份 有 限 公 司 * （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （H股股份代號：3866） 景在倫 董事長 中國山東省青島市 2025年11月11日 於本公告日期，董事會包括執行董事景在倫先生、吳顯明先生、陳霜女士及劉 鵬先生；非執行董事周雲傑先生、Rosario Strano先生、譚麗霞女士、Giamberto Giraldo先生及鄧友成先生；獨立非執行董事邢樂成先生、張旭先生、張文礎先 生、杜寧先生及范學 ...

Group 1 - Qingdao Bank announced the convening of its 20th meeting of the 9th Board of Directors on November 10, 2025, to review the proposal for adjusting the expected amount of daily related party transactions for 2025 [1] - For the first half of 2025, Qingdao Bank's revenue composition shows that interest income accounts for 81.78%, while non-interest income accounts for 7.48% [1] - As of the report date, Qingdao Bank's market capitalization is 29.7 billion yuan [1] Group 2 - Prior to the arrest of the chairman of Peking University Pharmaceutical, police had conducted investigations at the group's factory, indicating potential issues within the company [1] - Internal sources suggest that the chairman disposed of group assets, leading to a significant amount of funds with unclear whereabouts [1]

证券代码：002948 证券简称：青岛银行 公告编号：2025-048 青岛银行股份有限公司 关于调整 2025 年日常关联交易预计额度的公告 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 一、日常关联交易基本情况 （一）日常关联交易概述 本次调整预计额度的日常关联交易，是指青岛银行股份有限公司（以下简称"本 行"）或者本行控股子公司与本行关联方之间发生的转移资源或者义务的事项，主 要为存款类业务及贷款、债券投资等授信类业务。 本行于2025年11月10日召开第九届董事会第二十一次会议，审议通过了《关于 青岛银行股份有限公司调整2025年日常关联交易预计额度的议案》，关联董事邓友 成回避表决。本次调整关联交易预计额度未达到股东大会审议标准，无需提交股东 大会审议。 （二）调整预计日常关联交易类别和金额 单位：亿元 临工重机股份有限公司法定代表人于孟生，注册资本55,404.3068万元。主要从 事许可项目：特种设备制造；特种设备安装改造修理；道路机动车辆生产；保税仓 库经营。一般项目：机械设备研发；特种设备销售；特种设备出租；建筑工程用机 械制造；建筑工程用机械 ...

证券代码：002948 证券简称：青岛银行 公告编号：2025-047 青岛银行股份有限公司董事会决议公告 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 青岛银行股份有限公司（以下简称"本行"）于2025年11月4日以电子邮件方 式向董事发出关于召开第九届董事会第二十一次会议的通知，会议于2025年11 月10日以书面传签方式召开，应参与表决董事14名，实际表决董事14名。本次会 议召开符合《中华人民共和国公司法》《深圳证券交易所股票上市规则》和《青 岛银行股份有限公司章程》的规定。 会议审议通过了《关于青岛银行股份有限公司调整 2025 年日常关联交易预 计额度的议案》 1 《上海证券报》《证券时报》《证券日报》和巨潮资讯网（http://www.cninfo.com.cn/） 披露，供投资者查阅。 备查文件 1.经与会董事签字的通讯表决书及加盖董事会印章的董事会决议； 2.全体独立董事过半数同意的证明文件。 特此公告。 青岛银行股份有限公司董事会 2025 年 11 月 11 日 本议案同意票 13 票，反对票 0 票，弃权票 0 票。由于本议案涉及关联交易 ...

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2]. Summary by Category Increase in Holdings - Haotian International Construction (01341) saw the largest increase in holdings, up by 5.16% to a total holding of 62.73% [2]. - Yihua Tong (02402) and Tianli International Holdings (01773) also experienced increases of 1.73% and 1.07%, bringing their holdings to 19.11% and 25.03% respectively [2]. - Over the last five trading days, Haotian International Construction (01341) led with a 10.47% increase, followed by Qingdao Bank (03866) with a 9.61% increase, and Anjuke Food (02648) with a 4.71% increase [3]. Decrease in Holdings - Zhongze Feng (01282) experienced the largest decrease in holdings, down by 7.45% to 8.59% [2]. - Beijing Capital Machinery (00187) and Hang Seng China Enterprises (02828) saw decreases of 2.69% and 2.25%, with holdings at 48.77% and 7.05% respectively [2]. - In the last five trading days, New Tian Green Energy (00956) had the most significant decrease, down by 8.99% to 56.79%, followed by Zhongze Feng (01282) with a 7.47% decrease [3]. Recent Trends - The 20-day increase in holdings saw GX Hengsheng Technology (02837) with the highest increase of 18.09%, followed by Ying'en Bio-B (09606) with 16.30% and Qingdao Bank (03866) with 11.20% [4]. - Conversely, the 20-day decrease in holdings was led by Changfei Optical Fiber Cable (06869) with a drop of 10.04%, followed by New Tian Green Energy (00956) with an 8.36% decrease [4].

长江商报消息 随着青岛国资增持计划实施完毕，青岛银行（002948.SZ，03866.HK）的股权结构迎来重大调整。 日前，青岛银行披露，青岛国信产融控股（集团）有限公司（以下简称"国信产融控股"）于9月15日至11月5日期 间通过港股通渠道累计增持该行H股2.43亿股，占该行总股本的4.18%，增持金额合计9.57亿元，本次增持计划实 施完毕。 增持完成之后，国信产融控股及其一致行动人合计持有青岛银行11.15亿股，持股比例升至19.17%。 长江商报记者注意到，国信产融控股背后是青岛国资委。本次增持完成，国信系已取代海尔系成为青岛银行的第 一大股东。 对青岛银行股票长期投资价值的认可，支持青岛银行长期发展，是青岛国资大手笔增持的主要原因。 截至2025年9月末，青岛银行资产总额7655.71亿元。2025年前三季度，青岛银行实现营业收入110.13亿元，同比增 长5.03%；归母净利润39.92亿元，同比增长15.54%；加权平均净资产收益率（年化）13.16%，同比提高0.48个百 分点。 2025年以来，青岛银行A股、H股股价累计已上涨约30%、39%。 国信系取代海尔系成第一大股东 事实上，此前青岛 ...

Core Viewpoint - The recent surge in share buybacks by various banks, including Qilu Bank and Qingdao Bank, reflects strong confidence in the long-term value of the banking sector, with over 10 listed banks participating in this trend [1][9][10]. Group 1: Share Buybacks - Qilu Bank announced that its directors, supervisors, and senior executives have collectively increased their holdings by 3.15 million yuan, accounting for 90% of the planned buyback amount [1]. - Qingdao Bank's major shareholder, Qingdao Guoxin Financial Holdings, increased its holdings by 957 million yuan, raising its stake to 15.42%, making it the largest shareholder [4]. - Xiamen Bank's executives completed a buyback plan exceeding the minimum target, with total contributions reaching 1.6857 million yuan [5]. Group 2: Market Sentiment - The buyback activities are interpreted as a recognition of the banking sector's valuation, with a current price-to-book ratio of 0.72 and a dividend yield of 3.99%, attracting long-term capital [10][12]. - The banking sector has seen a collective "self-purchase" phenomenon, with various regional banks also engaging in buybacks, indicating a broader trend across the industry [6][8]. Group 3: Performance and Valuation - Despite a slight decline in revenue and net profit for 42 A-share listed banks in the first quarter, 24 banks reported growth in both metrics, particularly city and rural commercial banks [10]. - The net interest margin for listed banks is projected to stabilize, with a simulated net interest margin of 1.32% for Q3 2025, marking a potential turning point after four years of decline [12]. - Long-term capital, particularly from insurance funds, has been increasingly allocated to the banking sector, with a reported increase of 8.36 billion shares held by insurance funds in Q3 2025 [12][13].