银行理财与保险资管双支柱作用显著 本报（chinatimes.net.cn）记者吴敏 北京报道 12月12日，由华夏时报社主办的第十九届华夏机构投资者年会暨华夏金融（保险）科技论坛在北京成功 举办。 本届论坛以"活力与韧性 拓新与赋能"为核心主题，由中央财经大学数字经济融合创新发展中心、华夏 时报金融思想荟、华夏时报金融研究院联合提供智力支持，意在回应时代之问，凝聚发展共识，探寻未 来路径。 中国银行保险资产管理业协会党委委员、秘书长贺竹君发表致辞指出，我国大资管行业正步入发展黄金 期，银行理财与保险资管合计受托管理规模约70万亿元，已成为资本市场稳定运行的"压舱石"和实体经 济长期资金的重要供给者。 他强调，行业将持续聚焦服务国家战略、培育耐心资本与支持新质生产力。同期，协会完成更名换届， 标志着我国资管行业自律管理进入协同发展的新阶段。 重点投向国家重大战略、新质生产力及耐心资本领域 贺竹君特别介绍了保险资金服务国家战略与赋能新质生产力的进展。在重大战略领域，保险资金通过债 权、股权投资计划支持长江经济带、京津冀协同发展、大湾区建设等项目，登记规模超3万亿元；同时 加大对医疗健康、绿色环保、新能源、半导体 ...

Core Points - The company, Yingluohua, announced on December 12 that it signed a "Maximum Guarantee Contract" with the Dongyang Branch of Bank of China to provide a joint liability guarantee for its wholly-owned subsidiary, Zhejiang Lianyi Electric Motor Co., Ltd. [2] - The maximum amount of the guarantee is set at 50 million RMB [2]

Core Viewpoint - The major state-owned banks in China are set to distribute over 200 billion yuan in cash dividends for the mid-term of 2025, reflecting a stable dividend policy amidst regulatory encouragement for increased shareholder returns [2][3][6]. Group 1: Dividend Announcements - Bank of Communications announced a cash dividend of 0.1563 yuan per share (including tax), with the A-share dividend date expected on December 25, 2025 [2][3]. - China Construction Bank declared a cash dividend of 0.1858 yuan per share, totaling approximately 486.05 billion yuan, with the payment date on December 11, 2025 [3][5]. - Bank of China announced a cash dividend of 0.1094 yuan per share (pre-tax), amounting to 352.50 billion yuan, also payable on December 11, 2025 [3][5]. - Industrial and Commercial Bank of China and Agricultural Bank of China will distribute dividends on December 15, 2025, with amounts of approximately 503.96 billion yuan and 418.23 billion yuan, respectively [3][5]. - Postal Savings Bank plans to hold a meeting on December 19, 2025, to discuss a proposed dividend of 1.230 yuan per 10 shares, totaling 147.72 billion yuan [3][5]. Group 2: Overall Dividend Trends - The total mid-term dividend amount for the six major state-owned banks is projected to reach 2046.57 billion yuan, remaining stable compared to the previous year [4][6]. - Among 42 A-share listed banks, 26 have announced mid-term dividends, with a total of 2646.22 billion yuan, reflecting a 2.45% increase from last year [6]. - The dividend payout ratio for these banks is maintained around 30%, indicating a consistent approach to shareholder returns [4][6]. Group 3: Regulatory Influence - Recent regulatory changes, including the revised guidelines from the China Securities Regulatory Commission, aim to simplify the mid-term dividend process and encourage companies to increase dividend frequency [6]. - The "New Nine Policies" introduced in April 2024 emphasize enhancing the stability and predictability of dividends, promoting multiple distributions within a year [6].

Core Viewpoint - The major state-owned banks in China are set to distribute over 200 billion yuan in cash dividends for the 2025 interim period, reflecting a stable dividend payout compared to the previous year [2][4]. Group 1: Dividend Announcements - Bank of Communications announced a cash dividend of 0.1563 yuan per share, with the A-share payout date expected on December 25, 2025 [2][3]. - China Construction Bank declared a cash dividend of 0.1858 yuan per share, totaling approximately 486.05 billion yuan, with the payout date on December 11, 2025 [3][5]. - Bank of China will distribute a cash dividend of 0.1094 yuan per share, amounting to 352.50 billion yuan, also on December 11, 2025 [3][5]. - Industrial and Commercial Bank of China plans to distribute a cash dividend of 0.1414 yuan per share, totaling about 503.96 billion yuan, on December 15, 2025 [3][5]. - Agricultural Bank of China will issue a cash dividend of 0.1195 yuan per share, amounting to 418.23 billion yuan, on December 15, 2025 [3][5]. - Postal Savings Bank intends to distribute a cash dividend of 1.230 yuan per 10 shares, totaling 147.72 billion yuan, with a meeting scheduled for January 12, 2026 [3][5]. Group 2: Overall Dividend Trends - The total interim dividend amount for the six major state-owned banks is projected to reach 2046.57 billion yuan, remaining stable compared to the previous year [4][6]. - The number of A-share listed banks announcing interim dividends has increased, with 26 out of 42 banks declaring dividends, totaling 2646.22 billion yuan, a 2.45% increase from last year [6]. - The dividend payout dates for this year are significantly earlier than last year, with some banks advancing their payout dates by over a month [4][6].

Core Viewpoint - The 19th Huaxia Institutional Investor Annual Conference emphasizes the themes of vitality and resilience in the banking sector, aiming to explore future paths for high-quality economic development [2]. Group 1: Financial Resilience and Risk Management - The banking industry must balance development and safety, enhancing risk management capabilities to withstand various challenges [3]. - A comprehensive risk management system should be established, focusing on proactive measures and ensuring full coverage of risks, including credit, market, liquidity, operational, compliance, and information technology risks [3]. - Emphasis on improving capital management through multiple channels, exploring new capital tools, and enhancing capital efficiency to support sustainable growth [4]. Group 2: Innovation and Customer-Centric Approach - The banking sector should shift towards innovative strategies, focusing on customer-centric services and differentiated offerings to meet diverse financial needs [5]. - State-owned banks should prioritize digital transformation and leverage their comprehensive operational advantages to enhance international competitiveness [5]. - Smaller banks should focus on their market positioning and local advantages to support regional economies and specific sectors like technology and green finance [5]. Group 3: Empowering the Real Economy - The ultimate goal of maintaining resilience and vitality in the banking sector is to serve the real economy and the public, integrating financial services with economic development [6]. - Key focus areas include enhancing technology finance, developing a green finance system, improving inclusive finance services, and promoting digital finance [6]. - The banking industry should support the expansion of domestic demand and provide targeted financial services to meet reasonable consumption financing needs [6]. Group 4: Role of the Banking Association - The China Banking Association plays a crucial role in enhancing industry resilience and vitality, focusing on regulatory support and industry service [7]. - The association is committed to addressing industry needs through training, research, and sharing best practices to promote high-quality development in the banking sector [7].

在深化服务过程中，枣庄中行进一步捕捉到企业对跨境收款时效性和外汇存款收益的双重诉求，迅速为 企业定制解决方案：签约跨境汇入汇款直入账产品，保障款项及时到账并优化外汇存款收益，实现资金 高效管理与收益提升的双赢；同步上线电子审单业务，开通企业网银跨境汇款、境内外币汇划等线上服 务，让企业足不出户就能便捷办理各类跨境业务，大幅降低了时间成本和沟通成本。 立足枣庄"强工兴产、转型突围""6+3"现代产业体系等战略部署，枣庄中行持续加大实体经济金融支持 力度，2025年4月荣获枣庄市委、市政府颁发的"服务枣庄发展突出贡献奖"。截至2025年11月末，全行 对公贷款余额较年初增长16.84亿元，已批未放贷款108.66亿元，审批中10.05亿元，储备项目57.74亿 元，为地方经济高质量发展积蓄强劲动能。 下一步，中国银行枣庄分行将继续发挥全球化网络优势，不断丰富跨境金融产品与服务供给，精准对接 企业"走出去"和"引进来"需求，深度融入双循环新发展格局，为枣庄市对外开放和现代化强市建设注入 源源不断的中行动能。 作为山东省制造业单项冠军示范企业、中国外贸出口先导指数样本企业，该公司凭借自主研发的创新工 艺，生产上万种标 ...

国有大行资本补充迎来重要进展。近日，中国银行、建设银行和交通银行陆续发布变更注册资本事项获 得国家金融监督管理总局批复同意的公告。根据公告，三家银行注册资本分别增加278.25亿元人民币、 115.89元人民币和141.01亿元人民币。分析称，增加注册资本将提升大行服务实体经济能力，夯实抵御 风险的屏障。 三家国有行增加注册资本获批 12月4日，中国银行发布公告称，该行近日收到批复，国家金融监督管理总局同意该行注册资本增加 278.25亿元人民币，由2943.88亿元人民币变更为3222.12亿元人民币。 12月9日，建设银行发布公告称，该行收到批复，国家金融监督管理总局同意该行注册资本增加115.89 亿元人民币，由2500.11亿元人民币变更为2616.00亿元人民币。 2025年3月5日，国务院总理李强在政府工作报告中提出，拟发行特别国债5000亿元，支持国有大型商业 银行补充资本。 随后，中国银行、建设银行、交通银行、邮储银行均于3月30日发布公告，拟通过向特定对象发行A股 股票的形式，募集资金合计5200亿元，用于补充核心一级资本。其中，建设银行、中国银行的发行对象 均为财政部；交通银行的发行对象为 ...

Core Viewpoint - China Bank's Inner Mongolia branch focuses on providing tailored financial services to small and micro technology innovation enterprises, aiming to support the high-quality economic development of Inner Mongolia Autonomous Region [1] Group 1: Financial Support for Innovation - The bank is innovating products and services to provide precise financial support for technology innovation enterprises, particularly in manufacturing, technology innovation, and green transformation [2] - The bank has increased the promotion of online products like "Innovation Loan" and "Knowledge Benefit Loan," and optimized the offline "Special Credit Service Plan for Innovation Enterprises," offering credit loan limits ranging from 3 million to 10 million yuan with a maximum loan term of three years [2] - By the end of November 2025, the bank has supported 500 small and micro technology innovation enterprises with a loan balance of 3.018 billion yuan, an increase of 98 enterprises and 459 million yuan since the beginning of the year, with a credit coverage rate increase of 2.25 percentage points [2] Group 2: Innovative Credit Models - The bank has implemented a pure credit loan model for a specialized high-end equipment manufacturing enterprise, utilizing a differentiated risk control approach with personal joint liability guarantees from the actual controller and their family members [3] - The bank approved a credit flow amount of 8 million yuan for this client with a preferential interest rate of 2.7%, facilitating the enterprise's procurement of raw materials and daily operational turnover [3] Group 3: Pledge Financing Innovations - The bank has launched the first "Water Rights" pledge loan in the region, providing a "Water Loan" of 7 million yuan to a water-saving enterprise, incorporating 96,980 cubic meters of water rights into the pledge scope [4] - This innovative "water rights pledge + bilateral registration" model addresses the financing difficulties faced by water-saving enterprises due to insufficient traditional collateral [4] - The bank has issued loans to 65 water-saving enterprises amounting to 190 million yuan, supporting water-saving technology innovation and providing one-stop financial services for water conservancy projects in Inner Mongolia [4]

Group 1 - The core point of the news is the appointment of Liu Xinqun as the new chairman and legal representative of Zhongyin Fund, effective December 10, following the departure of the previous chairman, Zhang Yan, in June [1] - Liu Xinqun has extensive experience within the Bank of China system, having held various senior positions, including General Manager of Risk Management at Bank of China (Hong Kong) and General Manager of the Treasury Department [1] - Under Zhang Yan's leadership, Zhongyin Fund's public fund management scale grew significantly from 401.1 billion yuan in 2018 to 618.7 billion yuan in 2024 [1] Group 2 - As of the end of Q3 2025, Zhongyin Fund's asset management scale reached 700.36 billion yuan, with a total of 306 funds [2] - The fund's strength lies in fixed-income products, with bond funds totaling 267.24 billion yuan and money market funds at 376.71 billion yuan, making up nearly 90% of the total scale; in contrast, equity funds are only 3.60 billion yuan [2] - In the first half of this year, Zhongyin Fund achieved a net profit of 420 million yuan, reflecting a year-on-year growth of 16.99% [3]

Core Viewpoint - The banking industry is intensifying credit card promotions and consumer loan activities to stimulate user spending as the "Double Twelve" shopping festival approaches, marking a shift from "scale expansion" to "quality cultivation" in banking operations [2][5]. Group 1: Credit Card Promotions - Major banks are launching various credit card discount activities across platforms like Taobao, JD.com, and Douyin, with specific offers such as discounts for spending thresholds [3][4]. - China Bank announced multiple promotions, including discounts for spending over 200 yuan on Taobao and JD.com, with potential savings reaching up to 188 yuan [3]. - Other banks, such as Zhejiang Merchants Bank, are offering unique promotions tailored to different spending scenarios, including significant discounts on food delivery and transportation services [3][4]. Group 2: Consumer Loan Incentives - Financial institutions are enhancing consumer loan offers, supported by national interest subsidy policies, to further activate consumer spending potential [6][7]. - Jianxin Consumer Finance is providing various incentives for new customers, including interest-free periods and random gift vouchers, to encourage borrowing [6]. - The national subsidy policy allows for a 1% interest rate reduction on personal consumption loans, effective from September 2025 to August 2026, covering various consumer needs [7]. Group 3: Market Dynamics and Strategy - The shift towards digital marketing and precise operations in the banking sector reflects a new phase in financial services, moving away from broad promotional strategies to targeted marketing [5]. - Analysts suggest that the collaboration with large platforms like JD.com allows banks to expand their reach without the need for building their own customer bases, facilitating a transition to managing the entire customer lifecycle [4][5]. - The ongoing asset scarcity and weak corporate loan demand are driving banks to focus on consumer loans, which have lower capital requirements and reduced risk weights, making them a strategic priority for maintaining net interest margins [7].