转自：新华财经 草原沃野铺锦绣，金融"活水"润"三农"。中国光大银行呼和浩特分行作为深耕内蒙古的金融主力军，始 终锚定自治区"国家重要能源和战略资源基地、国家重要农畜产品生产基地"建设战略目标，坚守金融为 民初心，把普惠涉农金融服务摆在高质量发展的核心位置，持续加大信贷资源倾斜、创新金融产品服 务、优化涉农金融供给。 截至2025年末，呼和浩特分行普惠涉农信贷余额较年初增幅显著，取得增量预算任务完成率全行第一， 较各项贷款增速全行第二名的好成绩，创造分行建行以来普惠涉农最佳成绩。以实打实的金融举措为内 蒙古"两个基地"建设注入强劲金融动能，书写了金融助力乡村振兴、服务地方发展的北疆答卷。 中国光大银行呼和浩特分行立足内蒙古农牧业资源禀赋与能源产业发展特色，紧扣"国家重要农畜产品 生产基地"建设需求，依托总行"442"发展方案，深耕"藏粮于地、节水增效、种业振兴、春耕备耕、肉 库丰盈、奶业振兴"六大关键领域。针对农牧户、涉农小微企业、农业产业化龙头企业等不同主体的融 资需求，打破传统信贷壁垒，简化授信流程，创新推出贴合自治区奶业制造、奶牛养殖、牧草种植、饲 料加工、农田建设等特色产业的普惠涉农信贷产品，围绕"牧 ...

Investment Rating - The report provides a "Buy" rating for all major banks analyzed, indicating a positive outlook for the banking sector [7]. Core Insights - The digital renminbi has entered its 2.0 era, transitioning from a central bank liability (M0) to a commercial bank liability (M1), allowing it to earn interest and be included in deposit insurance and reserve requirements [6][14]. - This transformation positions China as the first economy to offer interest on its central bank digital currency (CBDC), fundamentally altering its monetary attributes and creating a new financial paradigm in the digital economy [27]. - The digital renminbi's interest-bearing feature enhances user motivation to hold it, shifting its perception from a mere payment tool to a viable store of value, thus promoting its integration into everyday financial activities [27][28]. Summary by Sections 1. Digital Renminbi 2.0 Era - The digital renminbi (e-CNY) is now classified as a digital deposit currency, which can earn interest and is managed under a new regulatory framework [14]. - Major state-owned banks have begun offering interest on digital renminbi wallet balances, marking a significant shift in its utility and appeal [14][27]. 2. Development Progress and Application Status - The development of the digital renminbi began in 2014, with significant milestones including pilot tests in various cities and the establishment of a comprehensive operational framework by 2025 [32][33]. - As of November 2025, the digital renminbi has processed 34.8 billion transactions amounting to 16.7 trillion yuan, with extensive coverage across multiple provinces and cities [37]. 3. Global CBDC Development Trends - The report identifies three main trends in global CBDC development: active retail CBDC initiatives, innovation in payment systems, and cautious approaches in some countries like the U.S. [6]. - China's proactive stance in developing its CBDC positions it favorably in the global digital economy landscape, particularly in cross-border trade applications [30].

Core Insights - The article emphasizes the importance of addressing the financing challenges faced by technology innovation enterprises, particularly in the context of high-quality development driven by technological innovation [1][2] - It highlights the innovative approach taken by Everbright Bank's Hohhot branch in providing credit support to technology-driven enterprises by focusing on their "soft assets" rather than traditional collateral [1] Group 1: Financing Challenges and Solutions - The biotechnology industry is experiencing increased R&D investment and urgent capital needs for capacity expansion, facing difficulties due to traditional credit assessment models that prioritize collateral over technological capabilities [1] - Everbright Bank's Hohhot branch has identified a specific enterprise with multiple core technology patents and a professional R&D team, recognizing its "technological soft power" as a valuable asset [1] - The bank has successfully transformed intangible assets, such as patents and global market share, into financing credit criteria, providing unsecured loans to the enterprise [1] Group 2: Future Directions and Commitment - Everbright Bank's Hohhot branch is committed to implementing the spirit of national policies and enhancing the support system for technology finance, aiming to allocate more financial resources to promote technological innovation [2] - The bank plans to strengthen policy promotion and institutional development related to technology finance, optimize its product system, and enhance professional capabilities to support the growth of technology-driven enterprises [2]

Core Viewpoint - The report highlights the current premium rates of AH shares, with Northeast Electric, Zhejiang Shibao, and Junda Co. leading in premium rates, while CATL, Hengrui Medicine, and China Merchants Bank are at the bottom of the list [1][2]. Premium Rate Rankings - Northeast Electric (00042) has a premium rate of 815.25%, followed by Zhejiang Shibao (01057) at 378.67% and Junda Co. (02865) at 342.63% [2]. - The lowest premium rates are recorded for CATL (03750) at -13.79%, Hengrui Medicine (01276) at -2.52%, and China Merchants Bank (03968) at -2.22% [1][2]. Deviation Values - Junda Co. (02865) has the highest deviation value at 104.89%, followed by Goldwind Technology (02208) at 23.62% and Guanghetong (00638) at 20.17% [1][2]. - The lowest deviation values are for Northeast Electric (00042) at -35.64%, Chenming Paper (01812) at -16.87%, and China Life (02628) at -15.34% [1][4]. Additional Insights - The report includes a detailed table of the top ten and bottom ten AH stocks based on premium rates and deviation values, providing a comprehensive overview of the current market situation [2][3][4].

Core Viewpoint - Shenzhen's "15th Five-Year Plan" aims to establish itself as a global "industrial financial center," raising expectations for local financial institutions, particularly banks, in their roles and responsibilities [22][23]. Group 1: Leadership Changes in Shenzhen Banks - Over the past year, at least eight commercial banks in Shenzhen have changed their leadership, including major state-owned banks and leading joint-stock banks [2]. - The appointment of Xiong Tao as the head of the Industrial and Commercial Bank of China (ICBC) Shenzhen branch reflects a strategic move to enhance the bank's focus on technology and innovation [2][4]. - Similarly, Ma Mingjun has been appointed as the head of the Bank of China Shenzhen branch, indicating a strengthened commitment to the Guangdong-Hong Kong-Macao Greater Bay Area [4][7]. Group 2: Key Appointments and Their Implications - Wang Xinghai, a veteran of China Merchants Bank, has taken over as the head of the Shenzhen branch, showcasing the bank's internal talent development strategy [9]. - Ping An Bank has also seen significant leadership changes, with Zhang Chaohui becoming the head of the Shenzhen branch, emphasizing the importance of this branch within the bank's overall strategy [11]. - New leaders at various banks, such as Shang Wencheng of China Everbright Bank and Yuan Rui of Shanghai Pudong Development Bank, are focusing on technology finance and innovative service models to meet the needs of Shenzhen's tech-driven economy [12][15]. Group 3: Strategic Focus on Technology Finance - The new leaders are expected to align their banks' strategies with Shenzhen's identity as a technology innovation hub, emphasizing the importance of "investment-loan linkage" services [12][23]. - The financial institutions are being urged to develop comprehensive service models that support the entire lifecycle of technology enterprises, particularly in critical sectors like semiconductors and advanced manufacturing [12][15]. - The shift towards a more integrated financial service approach reflects a broader trend in which banks are expected to act as "deep partners" and "comprehensive service providers" rather than just capital providers [23]. Group 4: Challenges and Future Directions - The banks in Shenzhen face challenges in transitioning from traditional financing to more complex service models, requiring enhanced risk management and understanding of emerging technologies [23]. - There is a growing need for collaboration with venture capital, insurance, and other financial institutions to meet the comprehensive needs of enterprises [23]. - The emphasis on long-term investment strategies and the establishment of a long-term assessment mechanism are critical for supporting sustainable growth in the technology sector [23].

Core Insights - The winter ice and snow economy is becoming a significant driver for consumption upgrades, regional development, and industrial integration, supported by innovative financial services from banks [1] Group 1: Financial Support for the Ice and Snow Economy - Banks are embedding services throughout the entire ice and snow economy chain, providing differentiated financial support tailored to various segments such as infrastructure, equipment manufacturing, and tourism [2] - Construction Bank's Heilongjiang branch has provided billions in loans for major infrastructure projects to enhance tourism connectivity between key ice and snow attractions [2] - Agricultural Bank of China quickly issued a 2.73 million yuan loan to a local beverage company facing cash flow issues during peak tourism season, demonstrating the banks' responsiveness to small and micro enterprises [2][3] Group 2: Support for Small and Micro Enterprises - Small and micro enterprises are crucial to the ice and snow economy, with Construction Bank providing over 100 million yuan in credit support to more than 130 hotels and restaurants in Heilongjiang since 2025 [3] - Financial institutions are actively identifying and addressing the funding needs of local businesses, ensuring they can upgrade facilities and meet increased demand during the winter season [3] Group 3: Consumer Experience and Payment Solutions - Banks are enhancing consumer experiences by integrating financial services into consumption scenarios, such as the "Love Ice and Snow Carnival" campaign by Industrial and Commercial Bank of China, which offers discounts to stimulate spending [4] - Agricultural Bank and Construction Bank have established "Ice and Snow Stations" to provide free services like hot drinks and luggage storage, improving visitor satisfaction [5][6] - The introduction of comprehensive payment solutions, including support for international card payments, aims to accommodate diverse consumer payment preferences [5] Group 4: Future Projections and Strategic Directions - The "China Ice and Snow Tourism Development Report (2026)" predicts that ice and snow tourism will attract 360 million visitors and generate 450 billion yuan in revenue during the 2025-2026 winter season [6] - Financial institutions are encouraged to leverage technology and green finance to support high-tech equipment production and eco-tourism projects, enhancing the overall ice and snow industry [6]

Core Viewpoint - The ice and snow economy is becoming an important driver for expanding consumer spending and fostering economic growth in China, with initiatives from financial institutions like Everbright Bank to promote ice and snow-related consumption [1] Group 1: Ice and Snow Economy Initiatives - Everbright Bank's credit card center is collaborating with seven regions, including Beijing and Harbin, to promote ice and snow consumption through exclusive discounts and interest-free installment plans [1][2] - The China Tourism Research Institute predicts that the number of ice and snow tourism participants will reach 360 million and generate 450 billion yuan in revenue during the 2025-2026 winter season [1] Group 2: Marketing and Consumer Engagement - The "Ice and Snow Go Crazy Festival" is actively being promoted, featuring a comprehensive consumer map and subsidies for various ice and snow tourism activities, including flights, accommodations, and cultural experiences [2] - Everbright Bank is enhancing its service delivery by integrating online and offline channels, allowing cardholders to easily access discounts and benefits through digital platforms and on-site services at ski resorts and tourist attractions [3] Group 3: Strategic Goals and Future Plans - The bank aims to establish a differentiated service system that leverages local resources to enhance customer engagement and increase the value of each customer [3] - The "Ice and Snow Go Crazy Festival" will run until February 2026, focusing on maximizing consumer engagement during the peak winter consumption period [3]

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。 中國光大銀行股份有限公司 中國光大銀行股份有限公司 China Everbright Bank Company Limited China Everbright Bank Company Limited （於中華人民共和國註冊成立的股份有限公司） （於中華人民共和國註冊成立的股份有限公司） （股份代號：6818） （股份代號：6818） 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條而作出。 茲載列中國光大銀行股份有限公司在上海證券交易所網站刊登的《中國光大銀行股份有限 公司關於贖回第三期優先股的第二次提示性公告》，僅供參閱。 中國光大銀行股份有限公司 董事會 中國 • 北京 2026年1月19日 於本公告日期，本公司執行董事為郝成先生、齊曄女士及楊兵兵先生；非執行董事為 吳利軍先生、崔勇先生、姚威先生、張銘文先生及李巍先生；以及獨立非執行董事為 邵瑞慶先生、李引泉先生 ...

Group 1 - On January 19, Everbright Bank executed a block trade of 2 million shares, with a transaction amount of 6.04 million yuan, accounting for 0.95% of the total transaction volume for the day [1] - The transaction price was 3.02 yuan, which represents a discount of 9.58% compared to the market closing price of 3.34 yuan [1]

股票代码：601818 股票简称：光大银行 公告编号：临 2026-008 优先股代码：360013、360022、360034 优先股简称：光大优 1、光大优 2、光大优 3 中国光大银行股份有限公司 关于赎回第三期优先股的第二次提示性公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国光大银行股份有限公司（简称本行）于 2019 年 7 月 15 日非 公开发行 3.5 亿股优先股，发行规模为 350 亿元人民币（简称第三期 优先股，代码 360034）。经本行董事会审议通过，并报国家金融监督 管理总局（简称金融监管总局）审核同意，本行拟于 2026 年 2 月 11 日赎回第三期优先股，现将有关赎回事宜提示如下： 一、赎回规模 本行拟赎回全部已发行的第三期优先股 3.5 亿股，每股面值人民 币 100 元，总规模 350 亿元。 二、赎回价格 本次优先股以现金方式赎回，赎回价格为优先股面值加本行宣告 赎回的公告日的计息年度应计股息。应计股息的计算公式为： i：指优先股当年股息率； t：指计息天数，即从本行宣告赎回的公 ...