青岛银行股份有限公司 境内同步披露公告 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根据《香港联合交易所有限公司证券上市规则》规定， 已在香港联合交易所有限公司披露易网站（https://www.hkexnews.hk/）披露后附 公告。 根据《深圳证券交易所股票上市规则》关于上市公司在境内外证券交易所同 步披露公告的规定，特将该公告在深圳证券交易所网站（http://www.szse.cn/）同 步披露，供参阅。 特此公告。 青岛银行股份有限公司董事会 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 青島銀行股份有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ...

Core Insights - Qingdao Bank reported a net profit attributable to shareholders of 3.065 billion yuan for the first half of 2025, an increase of 424 million yuan, representing a growth of 16.05% [1] - The bank's operating income reached 7.662 billion yuan, up by 534 million yuan, which is a growth of 7.50% [1] - The annualized weighted average return on equity improved to 15.75%, an increase of 0.41 percentage points year-on-year [1] Financial Performance - Basic earnings per share rose to 0.53 yuan, an increase of 0.08 yuan, reflecting a growth of 17.78% [1] - As of June 30, 2025, total assets amounted to 743.028 billion yuan, an increase of 53.065 billion yuan, or 7.69% from the end of the previous year [1] - Total customer loans reached 368.406 billion yuan, up by 27.716 billion yuan, which is a growth of 8.14% [1] - Total liabilities were 695.944 billion yuan, an increase of 50.880 billion yuan, or 7.89% [1] - Customer deposits totaled 466.140 billion yuan, up by 34.116 billion yuan, reflecting a growth of 7.90% [1] Asset Quality - The non-performing loan ratio stood at 1.12%, a decrease of 0.02 percentage points compared to the end of the previous year [1] - The provision coverage ratio improved to 252.80%, an increase of 11.48 percentage points year-on-year [1]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 青島銀行股份有限公司 呈交日期: 2025年8月1日 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03866 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 2,291,945,474 | | 0 | | 2,291,945,474 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 2,291,945,474 | | 0 | | 2,291,945,474 | | 2. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 ...

Investment Rating - The report maintains a "Buy" rating for Qingdao Bank (002948.SZ) with a current price of 4.75 yuan [1]. Core Views - Qingdao Bank's revenue for the first half of 2025 reached 7.7 billion yuan, a year-on-year increase of 7.5%, while the net profit attributable to shareholders was 3.06 billion yuan, up 16% year-on-year [3][4]. - The bank's asset quality remains robust, with a non-performing loan ratio of 1.12%, the lowest in its history [6][7]. - The bank's strategic focus is on "structural adjustment, strengthening customer base, optimizing collaboration, and enhancing capabilities" as part of its three-year strategic plan [7]. Summary by Sections Financial Performance - In the first half of 2025, Qingdao Bank's revenue and net profit growth rates were 7.5% and 16%, respectively, showing resilience despite a slight decline from the first quarter [4]. - The bank's total assets and loans grew by 13.6% year-on-year as of the end of the second quarter of 2025 [5]. Loan and Deposit Growth - As of the end of the second quarter of 2025, the bank's total loans increased by 9.3 billion yuan, with a year-on-year growth of 13.6% [5]. - The total liabilities and deposits grew by 13.9% and 13.3%, respectively, indicating steady growth in the bank's funding base [5]. Asset Quality - The non-performing loan ratio decreased to 1.12%, with a provision coverage ratio of 252.8%, reflecting strong risk mitigation capabilities [6][7]. - The bank's provision for loan losses was 10.43 billion yuan, maintaining a robust buffer against potential credit losses [6]. Earnings Forecast and Valuation - The report forecasts earnings per share (EPS) for 2025, 2026, and 2027 to be 0.84, 0.91, and 0.97 yuan, respectively, with corresponding price-to-book (PB) ratios of 0.66, 0.60, and 0.55 [7][12]. - The bank's return on equity (ROE) is projected to be 12.28% in 2025, indicating strong profitability [12][13].

Investment Rating - The investment rating for Qingdao Bank is "Buy" and is maintained [9] Core Views - The bank's revenue growth for the first half of the year is 7.5% year-on-year, with net profit growth of 16.0%, driven by improved asset quality and a decrease in the tax rate [2][6] - The loan balance increased by 8.1% compared to the beginning of the year, with a focus on corporate lending while controlling risks [2][12] - The non-performing loan ratio improved to 1.12%, down 2 basis points from the beginning of the year, with a provision coverage ratio of 253%, up 11 percentage points [2][6] - The significant shareholding increase by the state-owned shareholder, Guoxin Group, signals confidence in the bank's long-term development [2][12] - The bank's performance has consistently exceeded expectations since 2024, indicating a robust fundamental outlook that supports a revaluation of its value [2][12] Summary by Sections Financial Performance - Revenue for the first half of 2025 is projected to maintain a double-digit growth in net interest income, attributed to rapid credit expansion and stabilization of net interest margins [12] - The bank's net profit growth is expected to remain high, benefiting from improved asset quality and a lower effective tax rate [12] Loan and Deposit Growth - Loans grew by 8.1% from the beginning of the year, with a quarterly growth rate of 2.6%, focusing on corporate clients [12] - Deposits increased by 7.9% compared to the beginning of the year, with a quarterly growth of 3.9% [12] Asset Quality - The bank's asset quality indicators are improving, with a declining non-performing loan ratio and increasing provision coverage, reaching the best levels since its listing [12] - The expected non-performing loan generation rate for 2024 is projected to be 0.52%, indicating stability in asset quality [12] Strategic Developments - Guoxin Group's planned significant share increase is seen as a strong signal of confidence in the bank's long-term strategy [12] - The bank's governance structure is market-oriented, and the increased stake by Guoxin Group may enhance support from local government resources [12] Investment Outlook - The bank is expected to continue its high growth trajectory, with a maintained dividend policy and a projected increase in dividend yield for 2025 [12] - Current valuations indicate significant upside potential, with a price-to-book ratio of 0.67x for A-shares and 0.52x for H-shares, alongside a price-to-earnings ratio of 5.9x for A-shares and 4.6x for H-shares [12]

Key Points - Tibet Tourism may apply for suspension of trading if significant abnormalities occur in stock transactions [1] - Southern Road Machinery's stock price has deviated from its fundamental situation [1] - Industrial Fulian's major customers and products have not undergone significant changes [1] - Yingweike has established a relatively complete liquid cooling technology and product solution capability [1] - Victory Energy's operational situation remains normal with no significant changes in the internal and external business environment [1] - Qizheng Tibetan Medicine's operational situation is normal with no significant changes in the internal and external business environment [1] - Dongxin Co. states that its investment in Shanghai Lishuan's chip products is not applicable for large model computing clusters [1] - Guosheng Co. has obtained project filing related to PEEK from its wholly-owned subsidiary [1] - Action Education's actual controller proposed a mid-term dividend of 10 yuan per 10 shares [1] Mergers and Acquisitions - Darui Electronics plans to acquire 80% of Weiste's equity through capital increase and share acquisition [1] - Dashengda intends to acquire 30% equity of Thailand's Far East [1] Financing - Aoshikang plans to issue convertible bonds not exceeding 1 billion yuan for high-end printed circuit board projects [1] - Sixuan New Materials intends to raise no more than 466 million yuan through a private placement [1] - Changhua Chemical plans to raise no more than 230 million yuan for a carbon dioxide polyether project [1] Share Buybacks and Reductions - Fuanna plans to repurchase shares worth between 55.85 million and 104 million yuan [1] - Jiangnan Yifan's board member intends to increase his stake in the company [1] - Jieya Co. and its concerted parties plan to reduce their holdings by no more than 4.95% [1] - Other companies including Tongda Co., Haohan Deep, and Wanhu Chemical also plan to reduce their holdings [1] Operational Data - Sinopec expects a net profit decline of 39.5% to 43.7% year-on-year for the first half of the year [1] - Qingdao Bank reported a net profit of 3.065 billion yuan for the first half, up 16.05% year-on-year [1] - Daodaquan's net profit increased by 563.15% year-on-year, proposing a dividend of 1.76 yuan per 10 shares [1] - Zhengdan Co. reported a net profit increase of 120.35% year-on-year, proposing a dividend of 3 yuan per 10 shares [1] - Other companies reported varying profit changes, including losses and significant increases [1] Contracts and Major Investments - Sanhui Electric signed a framework contract for robot equipment sales [1] - Zhejiang University Network New's subsidiary won a smart engineering project worth 94.2712 million yuan [1] - New Aluminum Times plans to invest no less than 500 million yuan in a project for lightweight, high-strength auto parts [1] - Zhishang Technology will use part of its raised funds for a smart manufacturing production base in Vietnam [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之任何損失承擔任何責任。 Bank of Qingdao Co., Ltd.* * H 3866 2025年半年度業績快報 二、經營業績和財務狀況情況說明 青島銀行股份有限公司（「本行」，連同其附屬公司，統稱為「本公司」）根據《香港聯合交易 所有限公司證券上市規則》（「上市規則」）第13.09條及香港法例第571章《證券及期貨條例》 第XIVA部項下之內幕消息條文（按上市規則定義）作出本公告。除特別說明外，本公告所 述的金額幣種為人民幣。 本公告所載2025年半年度的財務數據僅為根據中國企業會計準則初步核算的集團口徑數 據，未經會計師事務所審計，與2025年中期報告中披露的最終數據可能存在差異。本行 股東及潛在投資者於買賣本行證券時須謹慎行事。 一、2025年半年度主要財務數據和指標 除特別說明外，金額單位為人民幣千元 | | 2025年 | 2024年 | | | --- | --- | --- | --- | | | 1-6 ...

格隆汇7月31日｜青岛银行公告，2025年上半年营业收入76.62亿元，同比增长7.50%；净利润30.65亿 元，同比增长16.05%。截至2025年6月末，资产总额7430.28亿元，同比增长7.69%；不良贷款率1.12%， 比上年末下降0.02个百分点；拨备覆盖率252.80%，比上年末提高11.48个百分点。 ...

[Key Financial Data and Indicators](index=1&type=section&id=I.%20Key%20Financial%20Data%20and%20Indicators%20for%20the%20First%20Half%20of%202025) In the first half of 2025, Qingdao Bank achieved robust performance growth with revenue up 7.50% and net profit attributable to shareholders up 16.05%, while total assets expanded by 7.69% and asset quality improved with non-performing loan ratio decreasing to 1.12% and provision coverage ratio increasing to 252.80% Key Financial Data and Indicators | Item | Jan-Jun 2025 (Thousand Yuan) | Jan-Jun 2024 (Thousand Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | **Operating Revenue** | 7,662,414 | 7,128,085 | 7.50% | | **Net Profit Attributable to Parent Company Shareholders** | 3,064,683 | 2,640,917 | 16.05% | | **Basic Earnings Per Share (Yuan/share)** | 0.53 | 0.45 | 17.78% | | **Weighted Average Return on Net Assets (Annualized, %)** | 15.75% | 15.34% | Increased by 0.41 percentage points | | **Item** | **As of Jun 30, 2025 (Thousand Yuan)** | **As of Dec 31, 2024 (Thousand Yuan)** | **Change (%)** | | **Total Assets** | 743,027,546 | 689,963,033 | 7.69% | | **Equity Attributable to Parent Company Shareholders** | 46,078,064 | 43,932,381 | 4.88% | | **Non-Performing Loan Ratio (%)** | 1.12% | 1.14% | Decreased by 0.02 percentage points | | **Provision Coverage Ratio (%)** | 252.80% | 241.32% | Increased by 11.48 percentage points | [Explanation of Operating Performance and Financial Condition](index=2&type=section&id=II.%20Explanation%20of%20Operating%20Performance%20and%20Financial%20Condition) In the first half of 2025, the company adhered to its annual operating philosophy of 'professional enhancement, digital empowerment, system optimization, and distinctive drive,' actively implementing key financial initiatives to achieve simultaneous improvements in business scale, operating efficiency, and asset quality - The company fully implemented central, provincial, and municipal strategic deployments, committed to high-quality development, and further advanced key financial initiatives[5](index=5&type=chunk) [Steady Growth in Operating Scale](index=2&type=section&id=Steady%20Growth%20in%20Operating%20Scale) As of June 2025, the company's business scale steadily expanded, with total assets reaching **743.028 billion yuan**, a 7.69% increase from year-end, and customer loans and deposits growing by 8.14% and 7.90% respectively Operating Scale Growth | Item | As of Jun 2025 (Billion Yuan) | Growth Rate vs. Year-End (%) | | :--- | :--- | :--- | | **Total Assets** | 743.028 | 7.69% | | **Total Customer Loans** | 368.406 | 8.14% | | **Total Liabilities** | 695.944 | 7.89% | | **Total Customer Deposits** | 466.140 | 7.90% | [Robust Improvement in Profitability](index=2&type=section&id=Robust%20Improvement%20in%20Profitability) In the first half of 2025, the company's profitability significantly strengthened, with net profit attributable to parent company shareholders and operating revenue growing by 16.05% and 7.50% respectively, and basic earnings per share increasing by 17.78% to **0.53 yuan** Profitability Indicators | Indicator | First Half 2025 (Billion Yuan) | Year-over-Year Growth | | :--- | :--- | :--- | | **Net Profit Attributable to Parent Company Shareholders** | 3.065 | 16.05% | | **Operating Revenue** | 7.662 | 7.50% | | **Weighted Average Return on Net Assets (Annualized)** | 15.75% | Increased by 0.41 percentage points | | **Basic Earnings Per Share (Yuan)** | 0.53 | 17.78% | [Continued Improvement in Asset Quality](index=2&type=section&id=Continued%20Improvement%20in%20Asset%20Quality) As of June 2025, the company's asset quality continued to improve, with the non-performing loan ratio decreasing by **0.02 percentage points** to **1.12%**, and risk coverage strengthening as the provision coverage ratio increased by **11.48 percentage points** to **252.80%** Asset Quality Indicators | Indicator | As of Jun 2025 | Change vs. Year-End | | :--- | :--- | :--- | | **Non-Performing Loan Ratio** | 1.12% | Decreased by 0.02 percentage points | | **Provision Coverage Ratio** | 252.80% | Increased by 11.48 percentage points | [Reference Documents](index=2&type=section&id=III.%20Reference%20Documents) The reference documents for this performance express report include comparative balance sheets and income statements signed and sealed by the company's senior management, including the legal representative, president, vice president in charge of finance, and general manager of the finance department - Reference documents include comparative balance sheets and income statements signed and sealed by the bank's current legal representative and Chairman Mr. Jing Zailun, President Mr. Wu Xianming, Vice President in charge of finance Ms. Chen Shuang, and General Manager of the Planning and Finance Department Mr. Li Zhendong[7](index=7&type=chunk)

Investment Rating - The report maintains a "Positive" investment rating for the banking sector [11]. Core Insights - The banking sector has completed its 2024 dividend distribution, with a shift towards 2025 where the expected dividend yield for quality city commercial banks is projected to rise to approximately 4.5% to 5.0% [2][6]. - After recent market adjustments, leading city commercial banks such as Chengdu Bank and Jiangsu Bank have seen their expected dividend yields rebound to 5.1% and 4.9%, respectively, making them attractive for investment [7]. - The average static dividend yield for state-owned banks in A-shares is 4.02%, which still offers a 230 basis points (BP) spread over the 10-year government bond yield [7][20]. Summary by Sections Dividend Distribution - As of July 28, 2024, all 42 listed banks in A-shares have completed their dividend distributions for the year [6]. - For 2025, the expected average dividend yields for state-owned banks, joint-stock banks, city commercial banks, and rural commercial banks are projected at 4.04%, 4.27%, 4.05%, and 3.94%, respectively [6]. Market Dynamics - Recent market sentiment has shifted, leading to a significant recovery in risk appetite, which has resulted in capital outflows and price adjustments in the banking sector [7]. - The stable performance of banks is supported by recent interim reports from Hangzhou Bank, Ningbo Bank, Qilu Bank, and Changshu Bank, all of which exceeded expectations [7]. Mid-term Dividend Planning - In 2024, 24 listed banks are expected to implement mid-term dividends, with several banks like China Merchants Bank, Changshu Bank, and Su Nong Bank announcing their first mid-term dividends [8]. - The timing of mid-term dividends is expected to be similar to the previous year, influencing the allocation rhythm within the sector [8]. Dividend Ratios - The overall dividend ratio for banks in 2024 is expected to increase compared to the previous year, with limited room for further increases in 2025 [9]. - Attention is drawn to banks like Hangzhou Bank and Qilu Bank, which may have incentives to raise their dividend ratios post-conversion of convertible bonds [9]. Valuation Recovery - The report expresses optimism regarding the valuation recovery of banking stocks, particularly favoring quality city commercial banks such as Hangzhou Bank, Jiangsu Bank, Qilu Bank, Chengdu Bank, Nanjing Bank, and Qingdao Bank [10]. - The report highlights that various capital sources, including insurance and state-owned capital, have been increasing their holdings in banking stocks, indicating a positive outlook for the sector [27].