Core Viewpoint - Bohai Bank has received approval to issue a perpetual capital bond, aimed at supplementing its Tier 1 capital [1] Summary by Sections Bond Issuance Details - The total scale of the bond issuance is RMB 10 billion [1] - The bond will have a fixed interest rate of 2.37% for the first five years, with interest rate adjustments every five years thereafter [1] - The bond will be recorded on November 18, 2025, and officially issued on November 20, 2025, with interest starting on the same day [1] Purpose of Fundraising - The funds raised from this bond issuance will be used entirely to supplement the bank's other Tier 1 capital [1]

Core Viewpoint - Bohai Bank has successfully issued a perpetual capital bond approved by regulatory authorities, aimed at enhancing its Tier 1 capital [1] Group 1: Bond Issuance Details - The total scale of the bond issuance is RMB 10 billion [1] - The coupon rate for the first five years is set at 2.37%, with subsequent adjustments every five years [1] - The bond was recorded on November 18, 2025, and officially issued on November 20, 2025, with interest starting on the same day [1] Group 2: Use of Proceeds - The funds raised from this bond issuance will be entirely used to supplement the bank's other Tier 1 capital [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 賴該等內容而引致的任何損失承擔任何責任。 CHINA BOHAI BANK CO., LTD. 渤海銀行股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9668） 關於無固定期限資本債券發行完畢的公告 渤海銀行股份有限公司（「本行」）董事會（「董事會」）欣然宣佈，經本行2024年第 一次臨時股東大會審議通過，國家金融監督管理總局和中國人民銀行批准，本行 於全國銀行間債券市場發行了「渤海銀行股份有限公司2025年無固定期限資本債 券」（「本次債券」）。本次債券於2025年11月18日簿記建檔，於2025年11月20日發 行完畢，並於2025年11月20日正式起息。 本次債券發行總規模為人民幣100億元，前5年票面利率為2.37%，每5年為一個票 面利率調整期，在第5年及之後的每個付息日附發行人有條件贖回權。 本次債券的募集資金將全部用於補充本行其他一級資本。 承董事會命 渤海銀行股份有限公司 王錦虹 董事長 中國‧天津 20 ...

Core Insights - Bohai Bank Yantai Branch successfully tailored a comprehensive financial service solution combining "domestic letters of credit + forfaiting" to meet the financing needs of a technology enterprise, injecting 20 million yuan in inclusive trade financing this year [1][3][4] Group 1: Financial Service Innovation - The bank formed a specialized service team to conduct on-site research at the technology enterprise's production and R&D centers, leading to the innovative design of the financing solution [3] - The solution provided a solid credit backing for the enterprise's raw material procurement, significantly reducing the pressure of advance payment [3] - The forfaiting process allowed the enterprise to quickly realize accounts receivable, ensuring funds were directed towards production operations while simplifying payment processes [3] Group 2: Risk Management and Cost Efficiency - The financing model broke through collateral restrictions by focusing on real trade backgrounds and the credit of core enterprises, effectively addressing the "financing difficulty" faced by technology companies [3] - The use of forfaiting reduced the overall financing costs compared to traditional working capital loans, thereby alleviating the financial burden on the enterprise [3][4] Group 3: Commitment to Economic Development - This collaboration not only supports the stable development of the technology enterprise but also exemplifies Bohai Bank Yantai Branch's commitment to serving the real economy and innovating financial products [4] - The bank aims to further explore new risk control models that integrate core enterprise credit, trade document verification, and closed-loop funding, providing efficient financial solutions for similar small and medium-sized technology enterprises [4]

Group 1 - The core point of the article highlights that Bohai Bank's Fuzhou branch successfully facilitated financing for 21 upstream suppliers of a well-known sports brand through a supply chain finance model, with a total investment exceeding 68 million yuan in just one day [1] - The service not only alleviates financial pressure for small and medium-sized enterprises but also enhances the stability and competitiveness of the entire supply chain by leveraging the credit of core enterprises [1] - Bohai Bank has focused on addressing the financing challenges faced by small and micro enterprises in the supply chain, positioning supply chain finance as a key driver for inclusive financial development [1] Group 2 - The bank's online business process allows upstream suppliers to complete financing applications and related operations without offline efforts, achieving the fastest "same-day completion" from application to fund disbursement [2] - Utilizing big data risk control models and cross-verification of transaction data, the bank enhances the efficiency of the approval process [2] - Currently, Bohai Bank's customer acquisition ratio through core enterprises is as high as 1:10, with over 90% of new inclusive customers being driven by this model [2]

Core Insights - Small and micro enterprises are crucial to the real economy, contributing over 50% of tax revenue, 60% of GDP, 70% of technological innovations, 80% of urban employment, and 90% of the total number of enterprises, yet they face persistent challenges in financing [1] - The traditional credit model's reliance on collateral and cumbersome offline processes makes it difficult for small suppliers to obtain timely financial support, especially in the context of supply chain ecosystems [1][2] - Recent initiatives by Bohai Bank demonstrate the effectiveness of supply chain finance in enhancing capital efficiency and supporting the real economy, as evidenced by the rapid financing of over 68 million yuan for 21 suppliers in just one day [1][2] Company and Industry Developments - Bohai Bank has developed a service model that leverages the credit of core enterprises, allowing for a "core enterprise credit penetration + fully online process" approach to address the financing needs of upstream suppliers [2] - The bank's digital transformation includes a fully digitized process from financing application to fund disbursement, enabling some transactions to be completed on the same day, thus improving efficiency [2] - As of the end of 2024, Bohai Bank served 2,634 supply chain enterprises, a year-on-year increase of 126.8%, with supply chain financial product issuance reaching 257.19 billion yuan, up 36.69% year-on-year [3]

Core Insights - Bohai Bank's Fuzhou branch has successfully utilized supply chain finance to provide rapid financing solutions for a well-known sports brand's upstream suppliers, completing 24 transactions totaling over 68 million yuan in just one day, showcasing efficiency in serving small and micro enterprises [1] - The bank's approach leverages the credit of core enterprises to enhance the financing capabilities of upstream suppliers, effectively addressing the challenges of traditional financing methods that rely heavily on collateral [1][2] - Bohai Bank is committed to digital transformation, enhancing the efficiency and customer experience of its inclusive finance services through a fully online process, allowing suppliers to complete financing applications and receive funds without the need for offline interactions [2] Business Strategy - As a rising force among state-owned financial institutions, Bohai Bank focuses on the development strategy of "doing true, doing small, doing well," emphasizing the importance of core enterprise supply chains and ecosystem scenarios [3] - The bank aims to strengthen technological empowerment and promote digital inclusive finance, thereby increasing service efficiency and expanding the coverage and accessibility of inclusive financial services [3] - The bank's efforts have resulted in a high customer acquisition ratio of 1:10 through core enterprises, with over 90% of new inclusive customers being driven by this model [2]

Core Viewpoint - Bohai Bank has been recognized as the "Annual Outstanding Technology Financial Bank" at the 16th Golden Ding Award, highlighting its innovative practices and achievements in the field of technology finance [1] Group 1: Technology Finance as a Driving Force - In the context of narrowing net interest margins and economic pressures, the banking industry is shifting from scale-driven to efficiency and innovation-driven models. Bohai Bank positions technology finance as the "first engine" for serving new productive forces [2] - The bank has issued 5 billion yuan in technology innovation bonds to support cutting-edge sectors such as artificial intelligence and biomedicine, and has underwritten a total of over 3 billion yuan in technology innovation bonds for 15 entities [2] Group 2: Comprehensive Service System for Technology Enterprises - Bohai Bank collaborates with various stakeholders, including government and research institutions, to create a comprehensive service system covering the entire lifecycle of technology enterprises. For instance, it has supported Suzhou Corning Jereh Biotechnology Co., Ltd. in the biomedicine sector through technology innovation bonds [3] - As of June 2025, the bank's loans to technology enterprises reached 71.252 billion yuan, an increase of 24.153 billion yuan from the previous year, demonstrating significant growth [3] Group 3: Digital Transformation and Innovation - The bank has implemented measures to enhance its independent research and development capabilities, leading to a significant increase in self-developed projects. A new comprehensive fund management system has been successfully launched, marking a milestone in the bank's digital transformation strategy [4] - The new system integrates various management functions, improving transaction efficiency and management levels while achieving full domestic adaptation across its technology stack [4] Group 4: Future Outlook - Bohai Bank aims to continue its commitment to "finance for the people, technology for practicality," by deepening its technology finance strategy and expanding its service offerings to provide comprehensive financial support for technology enterprises [5]

Core Insights - Technological innovation is the primary driver of high-quality economic development, with technology finance becoming a strategic initiative for building a strong financial nation [1] - The issuance scale of technology innovation bonds has exceeded 760 billion yuan, attracting significant interest from banks and securities firms [1][4] Group 1: Technology Finance Initiatives - Bohai Bank has positioned technology finance as the primary engine for serving national strategies, offering specialized comprehensive financial service plans to meet the funding needs of business expansion and R&D investment [1] - The introduction of the "technology board" in the bond market has opened new avenues for guiding financial resources to support technological innovation [3] Group 2: Technology Innovation Bonds - Technology innovation bonds are designed as "special credit quotas for technology companies," ensuring that financial resources are precisely allocated to support innovation [3] - Since the launch of the technology board, regulatory bodies have implemented new policies to optimize the issuance management process, simplifying disclosure requirements and reducing costs for banks [3] Group 3: Recent Developments and Achievements - Bohai Bank successfully led the issuance of an 8-year technology innovation bond for Tianjin Venture Capital Co., with a coupon rate of 2.85%, which aligns with the full lifecycle of the fund [4] - As of July this year, Bohai Bank's cumulative investment scale in technology innovation bonds reached 23.536 billion yuan, covering 213 issuing entities [4] Group 4: Index Development and Future Plans - Bohai Bank has collaborated with the China Bond Financial Valuation Center to create a series of indices, including the first locally named technology innovation bond index in Tianjin [5] - The bank aims to deepen its technology financial service capabilities and expand the scale of the "technology board" in the bond market, enhancing direct financing channels for fostering new productive forces [5]

Core Insights - Technological innovation is the core driving force for high-quality development, while "light assets, lack of collateral, and financing difficulties" remain pain points for technology-based SMEs [1] - Bohai Bank has launched the "Bohai Silver Science and Technology Fast Loan" product to meet the financing needs of SMEs, achieving a cumulative support of 36 enterprises and a total loan amount of 33.87 million yuan by the end of October 2025 [1][4] Group 1: Product Features - The "Bohai Silver Science and Technology Fast Loan" product addresses the high R&D investment and urgent financing needs of SMEs by offering efficient approval, flexible credit limits, adaptable terms, and credit-driven advantages [2] - The product features a maximum credit limit of 30 million yuan and a loan term of up to 3 years, aligning closely with the growth cycle of enterprises [2] - The innovative "Technology Flow" evaluation system shifts the focus from tangible assets to intangible strengths such as intellectual property, R&D investment, team capabilities, industry prospects, and government support [2] Group 2: Implementation Mechanism - Bohai Bank's Tianjin branch has established a full-process service mechanism for the "Bohai Silver Science and Technology Fast Loan," including a dedicated technology finance task force and specialized customer manager teams [3] - A green approval channel has been created to ensure efficient collaboration among front, middle, and back offices [3] - The risk control system relies on a specialized assessment model that evaluates patent value, order conversion capability, and technological iteration prospects [3] Group 3: Case Study and Future Outlook - A case study of a national-level specialized "little giant" enterprise in Tianjin highlights the effectiveness of the "Bohai Silver Science and Technology Fast Loan," which provided a pre-approved credit limit of 10 million yuan within three days [4] - The bank plans to further customize loan solutions for equipment upgrades and deepen cooperation with the enterprise [4] - Looking ahead, Bohai Bank aims to enhance its service to the real economy, optimize the "Technology Flow" evaluation system, and expand its service coverage in strategic emerging industries [4]