智通财经APP讯，贵州银行(06199)发布2025年第三季度财务数据概要，营业收入87.46亿元人民币，净 利润31.05亿元。 截至2025年9月末，该行资本充足率14.31%，一级资本充足率12.41%，核心一级资本充足率11.53%，均 满足相关监管要求。 ...

格隆汇10月31日丨贵州银行(06199.HK)发布2025年第三季度报告。前三季度营收约为人民币87.46亿 元，净利润约为31.05亿元。截至2025年9月末，本行资本充足率14.31%，一级资本充足率12.41%，核心 一级资本充足率11.53%，均满足相关监管要求。 ...

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。 2025年第三季度財務數據概要 本 公 告 乃 由 貴 州 銀 行 股 份 有 限 公 司（「本 行」）根 據《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 及《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》第13.09(2)(a)條及第13.10B條 作 出。 根 據 中 華 人 民 共 和 國（「中 國」）相 關 法 律 及 法 規，因 本 行 發 行 資 本 債 券， 本行截至2025年9月30日 止 九 個 月 未 經 審 核 的 財 務 數 據 概 要（「資 料」）將 刊 載 於 中 央 國 債 登 記 結 算 有 限 責 任 公 司（https://www.chinabond.com.cn）、中 國 外 匯 交 易 中 心 暨 全 國 銀 行 間 ...

Group 1 - The core point of the news is the significant personnel change at Kweichow Moutai Group, with Chen Hua appointed as the new chairman, replacing Zhang Deqin [2][4] - Zhang Deqin's tenure saw Kweichow Moutai achieve revenue of 187.19 billion yuan and a net profit of approximately 85.7 billion yuan in 2024, emphasizing quality over quantity [3] - The company under Zhang's leadership focused on transforming from "selling liquor" to "selling lifestyle," enhancing consumer engagement through innovative service models [3] Group 2 - Chen Hua, the new chairman, has a background in energy management and previously served as a non-executive director at Guizhou Bank, indicating a connection to the Moutai system [4] - The appointment of an external government official as chairman reflects the local government's intention to strengthen control over Kweichow Moutai, especially during challenging economic conditions [4] - The company faces a dual challenge of reducing inventory pressure while meeting government performance growth assessments, which may require strategic communication from the new leadership [4]

近日，贵州银行交出2025年上半年的成绩单。 从经营数据来看，这家贵州省省内首家在香港联交所主板上市的城商行，上半年表现颇为稳健：实现营 收、净利润"双增"、资产规模突破6000亿元、净息差逆势上升、数智融合迈入新阶段…… 同时，作为赋能地方经济发展的坚实力量，贵州银行半年报中展现的每个突破、每笔增长，均与贵州现 代化产业体系建设息息相关。该行表示，将始终秉持"用心的银行"服务理念，"用心"也成为其深耕黔中 大地、服务区域高质量发展离不开的关键词。 营收净利润"双增" 在资、负两端共同发力下，贵州银行核心盈利指标净息差企稳，6月末，该行净息差同比提升0.22个百 分点至1.90%。同时，成本收入比同比下降1.37个百分点至24.25%。 资产质量方面，半年报显示，贵州银行不良贷款率以及关注类贷款占比均较年初有所下降。其中，不良 贷款率较年初下降0.03个百分点至1.69%；关注类贷款占比较年初下降0.09个百分点。6月末，该行拨备 覆盖率较年初提升15.89个百分点至331.87%，风险抵御能力进一步增强。 用心书写"五篇大文章" 2023年，中央金融工作会议指出，要做好科技金融、绿色金融、普惠金融、养老金融 ...

Investment Rating - The report maintains a positive outlook on the banking sector, suggesting that several banks are undervalued based on their asset quality and excess provisioning metrics [4][3]. Core Insights - The valuation premium of banks typically arises from their middle-income and liability advantages, while valuation discounts are often due to concerns over asset quality [2][10]. - The report introduces two key indicators: "broad non-performing asset ratio" and "excess provisioning profit multiple" to objectively assess and compare the current asset quality status of banks [2][10]. - A total of 56 AH-listed banks are analyzed, expanding from the previous report's focus on 42 A-share listed banks, to provide a comprehensive overview of excess provisioning levels and trends [2][10]. Summary by Sections 1. Introduction: Significance of Asset Quality - The report emphasizes the importance of objectively assessing asset quality, as it significantly impacts bank valuations and performance [10]. 2. How to Objectively Assess Bank Non-Performing Assets - Traditional asset quality indicators may not accurately reflect the true provisioning situation due to inconsistent standards and incomplete coverage of assets [14]. - The report proposes a "broad non-performing asset ratio" to better capture the credit risk within banks [14][15]. 3. Construction of Excess Provisioning Profit Multiple Indicator - The excess provisioning profit multiple is constructed to measure the performance elasticity of banks, indicating their potential for future earnings recovery [7][14]. - The report highlights that banks with higher excess provisioning ratios, such as Hangzhou Bank, show strong risk mitigation capabilities [7][14]. 4. Valuation from the Perspective of Broad Excess Provisioning - The long-term correlation between bank valuation levels and ROE is noted, with excess provisioning contributing to performance and valuation improvements [3][4]. - Several banks, including Wuxi Bank and Agricultural Bank (H), are identified as being significantly above the PB-excess provisioning profit multiple regression line, indicating potential investment opportunities [3][4].

呈交日期: 2025年10月9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 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06199 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,200,000,000 | RMB | | 1 RMB | | 2,200,000,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 2,200,000,000 | RMB | | 1 RMB | | 2,200,000,000 | 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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 貴州銀行股份有限公司（「本行」） | 2. 股份分類 | 普通股 | ...

Core Viewpoint - Guizhou Bank announced the resignation of non-executive director Chen Hanqing, effective September 26, 2025, due to work arrangements, with no disagreements with the board [1] Group 1 - Chen Hanqing was nominated by the Guizhou Provincial Finance Department as a non-executive director [1] - His resignation includes his positions on the Board Audit Committee and the Risk and Related Party Transactions Management Committee [1] - The Guizhou Provincial Finance Department will nominate a new non-executive director, and the board will proceed with the appointment process [1]

Group 1 - The core point of the article is the resignation of Mr. Chen Hanqing, a non-executive director of Guizhou Bank, due to work arrangement reasons [1] - Mr. Chen was nominated by the Guizhou Provincial Finance Department and held positions on the Audit Committee and the Risk and Related Party Transactions Management Committee [1]

Group 1 - Guizhou Bank announced the resignation of non-executive director Chen Hanqing, effective September 26, 2025, due to work arrangements [1] - Chen Hanqing was nominated by the Guizhou Provincial Finance Department and held positions on the Audit Committee and Risk and Related Party Transactions Management Committee [1] - The bank confirmed that there are no disagreements with the board and no other matters requiring shareholder attention [1] Group 2 - The Guizhou Provincial Finance Department has nominated a new candidate for the non-executive director position, and the board will proceed with the appointment process [1] - The bank will fulfill its information disclosure obligations regarding the appointment of the new non-executive director [1]