经济观察网 截至2026年2月20日，贵州银行（06199.HK）近一周（2026年2月13日至2月20日）股价表现 平稳，未出现显著波动。根据内部数据库数据，该股收盘价持续稳定在1.02港元，区间涨跌幅为 0.00%，振幅0.00%。成交极为清淡，如2月16日成交额仅2040港元，换手率0.00%。技术面显示，股价 位于布林带上轨附近（2月16日上轨1.018港元），MACD柱状图转正，短期均线略高于长期均线，但整 体交投活跃度低。 以上内容基于公开资料整理，不构成投资建议。 ...

Core Viewpoint - Guizhou Bank is undergoing significant changes in its equity structure, corporate governance, and business expansion, indicating a strategic shift and potential growth opportunities in the near future [1][2][3] Equity Structure - Guizhou Water Investment Management Co., Ltd. acquired 100 million shares through judicial auction for 92 million yuan, marking its second increase in holdings this month [1] - Some shares held by Guizhou Hongcai Investment Group are still in the process of being sold, leading to cautious market reactions [1] Corporate Governance - A new leadership team, including President Wu Fan and several vice presidents, is expected to be fully established by 2025, contributing to a more stable governance structure [1] Business Development - The bank's shareholders' meeting approved a plan to acquire three rural banks through absorption and merger, pending regulatory approval [2] - As of the first half of 2025, the non-performing loan ratio stands at 1.69%, showing a slight decrease since the beginning of the year, although the non-performing rates for real estate and personal loans remain high, indicating challenges in retail transformation and risk management [2] Financial Performance - For the first three quarters of 2025, the bank reported operating income of 8.746 billion yuan and a net profit of 3.105 billion yuan; in the first half, revenue was 6.102 billion yuan with a net profit of 2.129 billion yuan, reflecting year-on-year growth rates of 2.26% and 0.31%, respectively, suggesting a lack of robust growth [3] - The major shareholders include the Guizhou Provincial Finance Department and Guizhou Moutai, with recent increases in local state-owned capital likely aimed at stabilizing the equity structure [3]

Core Viewpoint - Guizhou Province is actively promoting the registration and monetization of data intellectual property rights, creating new financing channels for enterprises and transforming data assets into tangible economic benefits [5][10]. Group 1: Data Intellectual Property Registration - As of now, Guizhou has registered 1,813 data intellectual property rights, covering 17 major industry categories and 264 entities across 12 provinces [5]. - The province aims to achieve 407 million yuan in data intellectual property pledge loans and 30.64 million yuan in transaction licenses by 2025, driving data asset registration to 47.08 million yuan [4][5]. Group 2: Activation of Data Asset Attributes - The registration of data intellectual property allows for effective protection against unauthorized commercial use of intangible cultural heritage patterns, facilitating their transformation into tradable assets [6]. - Guizhou has launched a "dual registration" system for data elements and data intellectual property, significantly shortening the time required for data activation [7]. Group 3: Financing Innovations - Guizhou Dongyi Electric Technology Co., Ltd. secured a pledge loan of 93 million yuan through two core data intellectual property rights, setting a new record for industrial enterprises in the province [8]. - Guizhou Siter Technology Co., Ltd. obtained a pledge loan of 10 million yuan by registering a data set on production processes, marking a significant breakthrough in financing models [9]. Group 4: Development of Data Knowledge Property Applications - Guizhou Yunyu Rubber Co., Ltd. has developed new data products for various applications, securing 30 million yuan in financing through data intellectual property pledges [11]. - The provincial knowledge property bureau plans to deepen exploration in six major industrial clusters and other sectors, aiming to establish efficient financing channels and create a replicable "Guizhou model" for data intellectual property applications [12].

FF301 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」） 呈交日期: 2026年2月3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 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | ...

值得注意的是，上述股票的持有人钟山开投与竞得方贵州水投均为国资背景企业。贵州水投也是贵州银行的股东之一。据贵州银行定期报告，截至2025年6 月末，该公司持有贵州银行逾1.91亿股，占该行总股本的1.31%，为第九大内资股股东。 1月15日，贵州水投还以约1842.51万元的价格，在法拍市场拿下贵州宏财投资集团有限责任公司所持有的贵州银行2000万股内资股。 1月26日至27日，贵阳市中级人民法院通过淘宝司法拍卖网络平台，对贵州钟山开发投资（集团）有限责任公司（以下简称"钟山开投"）持有的贵州银行1亿 股股票进行了首次公开拍卖。拍卖竞价结果显示，贵州水投资本管理有限责任公司（以下简称"贵州水投"）以最高应价胜出，拍卖成交价为9200万元。 日前，贵州银行1亿股股票在阿里拍卖平台上拍卖成交。 ...

一笔由国资持有的贵州银行（HK06199，股价0.980港元，市值142.96亿港元）1亿股股票，首拍即告落 槌成交。 目前，贵州宏财投资集团名下仍有约6025万股贵州银行内资股在同一平台变卖，变卖价约为6131万元， 在评估价基础上打了逾6折。虽然该笔股权60天的变卖期已过大半，但截至发稿时仍无人报名。 法拍市场股东连续"扫货" 2026年1月26日至27日，贵阳市中级人民法院通过淘宝司法拍卖网络平台，对贵州钟山开投公司持有的 贵州银行1亿股股票进行了首次公开拍卖。 公开信息显示，贵州钟山开投公司是一家综合性国有企业，由贵州省六盘水市钟山区国有资产和金融服 务中心控股，实际控制人为六盘水市钟山区人民政府。公司主要承接六盘水市钟山区内社会重大项目的 经营建设和房地产开发销售运营业务，已发展成为当地城投背景房地产开发公司的龙头企业。 近年来，贵州钟山开投公司因对外担保借款合同纠纷等多次涉诉，并被列为被执行人。根据竞买公告， 本次拍卖源于"（2025）黔01执恢340号"执行案件，拍卖标的为1亿股贵州银行股票，不包括股息、红利 等，议价9200万元，并以相同的价格起拍。拍卖期间，仅一名竞拍者报名参与。 1月26日 ...

智通财经记者 | 安震 此前，苏州农商银行（苏农商行，603323.SH）吸收合并张家港渝农商村镇银行议案获通过，但反对票 达13.08%。 相比之下，银行日常经营中股东对议案表决赞成比例通常在99%以上，而吸收合并中小地方银行为何频 繁遭到部分股东反对？ 中小股东"发声"投下反对票 从上市银行公告的一些案例中可以看出，部分股东对于银行吸收合并议案存在不同意见。 比如，1月15日，苏农商行召开2026年第一次临时股东会，审议通过了关于吸收合并江苏张家港渝农商 村镇银行并设立分支机构的议案。该议案获得85.97%的同意票，反对票占比13.08%，弃权票占比 0.95%。其中，持股5%以下的股东同意比例为80.25%，反对和弃权比例分别为18.42%和1.34%。 这样的情况并非孤例。贵州银行（06199.HK）在第三次临时股东大会上审议通过收购盘州万和村镇银 行、凯里东南村镇银行和白云德信村镇银行并设立支行的三项议案。每项议案反对票均超过1.5%，弃 权票均超过3.7%。 此外，去年11月，贵阳银行（601997.SH）拟收购息烽发展村镇银行并设立分支机构的议案获得80.83% 的赞成票，反对票达19.07%， ...

以下为原文： 国家金融监督管理总局遵义监管分局 行政处罚信息公开表 (遵金罚决字〔2026〕 7-10号) | 序号 | 当事人名 | 行政处罚决 | 主要违法违 | 行政处 | 作出决 | | --- | --- | --- | --- | --- | --- | | | 称 | 定书文号 | 规行为 | 罚内容 | 定机关 | | 1 | 绥阳黔北 村镇银行 | 遵金罚决字 (2026) 7 | | 罚款30 | | | | 有限责任 | | | 万元 | | | | 公司 荷物波 | 를 | | | | | | (时任绥 阳黔北村 | 遵金罚决字 | | | | | 2 | 镇银行有 | (2026) 8 | | 警告 | | | | 限责任公 | 를 | | | | | | 司营销团 | | | | | | | 队经理) | | 贷前调查不 | | | | | 李瑶(时 | | 尽职,严重 | | 遵义金 | | | 任绥阳黔 | | 违反审慎经 | | 融监管 | | | 北村镇银 | 遵金罚决字 | 营规则 | | 分局 | | 3 | 行有限责 | (2026) 9 | | 警告 | | | | ...

Core Viewpoint - The article discusses the increasing trend of personal non-performing loan (NPL) transfers in the banking sector, driven by regulatory changes and the rising pressure of bad debts on financial institutions [1][5]. Group 1: Market Dynamics - The personal NPL transfer market is experiencing a surge, with transaction volumes rising from 186.48 billion in 2021 to 965.30 billion in 2023, and projected to reach 1583.50 billion in 2024 [3][4]. - As of January 22, 2026, there were 20 new announcements for personal NPL transfers within the month, indicating heightened activity in the market [2][8]. - The average discount rate for personal NPL packages has significantly decreased, with rates dropping from 8%-10% before 2023 to around 5% in 2026 [10][11]. Group 2: Regulatory Impact - A regulatory notification extended the trial period for bulk transfers of personal NPLs until December 31, 2026, allowing a wider range of financial institutions to participate in the transfer process [2][4]. - The expansion of trial institutions to include city commercial banks and rural commercial banks has led to a notable increase in the volume of NPL transfers [5][17]. Group 3: Borrower Profile and Economic Context - The borrower demographic for personal NPLs includes failed entrepreneurs, unemployed individuals relying on credit cards for living expenses, and consumers with excessive debt [4][20]. - The economic backdrop, characterized by macroeconomic fluctuations and income instability, has exacerbated the bad debt situation, compelling banks to offload risk assets [5][20]. Group 4: Challenges in Asset Recovery - The recovery rates for NPLs have declined, with some packages facing average recovery rates below 6%, marking the lowest in five years [12][13]. - Financial institutions are facing challenges in asset valuation and recovery due to incomplete documentation and inefficient legal processes [26][28]. Group 5: Strategic Adjustments - Banks are adapting their strategies by improving the quality of NPL packages, such as reducing overdue times and increasing the concentration of borrowers in economically developed areas [24][25]. - There is a push for enhanced transparency and standardization in the NPL transfer process to improve market confidence and asset pricing [28].

Core Viewpoint - A recent transaction involving 1.913 billion yuan in deposits has attracted market attention due to its "non-cash" payment arrangement, where Guizhou Bank acquires the deposits of Longli Guofeng Village Bank through a trust plan without immediate cash payment [1][2]. Group 1: Transaction Details - Guizhou Bank signed a deposit transfer agreement with Longli Guofeng Village Bank, effective from January 12, 2026, with a total deposit principal and interest amounting to 1.913 billion yuan, leading to a final transfer price of 1.849 billion yuan after deducting related rights [2][3]. - The payment arrangement is unique as Guizhou Bank does not pay cash directly but instead receives a beneficial interest in a trust plan, allowing for a quick transfer of deposit liabilities without complex negotiations [2][5]. Group 2: Regulatory and Operational Context - The Guizhou Financial Regulatory Bureau approved the dissolution of Longli Guofeng Village Bank on January 8, 2026, with Guizhou Bank taking over all deposits and managing existing loans [3]. - Guizhou Bank only assumes deposit liabilities and does not take on loan assets, ensuring that customer obligations remain unchanged and repayments continue as per original agreements [3]. Group 3: Reform and Innovation - The transaction is viewed as an innovative attempt to navigate the ongoing reforms in village banks, which have included various restructuring methods since 2026, such as mergers and acquisitions [4][8]. - The use of trust tools in this context is relatively rare, and it serves to align with policy advancements and regional risk management efforts [4][6]. Group 4: Risk Management and Future Considerations - While the model aims to isolate risks, experts caution that risks have merely transformed rather than disappeared, with underlying credit risks still present [6][7]. - The uncertainty surrounding the recovery of underlying assets, primarily loans from the village bank, poses potential challenges for the trust's beneficial interests and the bank's liquidity [7][8].