Financial Overview - As of September 30, 2025, the total assets of the company amounted to RMB 502.823 billion, with total liabilities of RMB 470.53 billion and shareholders' equity of RMB 32.293 billion. The net profit for the first nine months of 2025 was RMB 1.779 billion [1] Capital Management - The company reported a net capital of RMB 36.539 billion, with a tier 1 capital of RMB 30.85 billion and a core tier 1 capital of RMB 24.66 billion as of September 30, 2025. The capital adequacy ratio was 11.89%, the tier 1 capital ratio was 10.04%, and the core tier 1 capital ratio was 8.02%, all of which met regulatory requirements [2] Capital Instruments - As of September 30, 2025, the balance of the company's capital instruments was RMB 8.7 billion, which included RMB 2.7 billion in subordinated debt and RMB 6 billion in perpetual bonds [3]

Core Viewpoint - Weihai Bank has successfully issued a secondary capital bond in the national interbank bond market, raising funds to supplement its secondary capital [1] Group 1: Bond Issuance Details - The bond issuance scale is RMB 2 billion [1] - The coupon rate for the bond is set at 2.6% [1] - The bond includes a conditional redemption right for the issuer at the end of the fifth year [1] Group 2: Fund Utilization - The funds raised from this bond issuance will be used to supplement the bank's secondary capital, subject to applicable laws and regulatory approvals [1]

WEIHAI BANK CO., LTD.* 威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：9677） 關於二級資本債券發行完畢的公告 茲提述威海銀行股份有限公司*（「本 行」）日期為2024年3月22日的公告（「該公告」） 及本行日期為2024年3月28日 的 通 函，內 容 有 關（其 中 包 括）本行建議授權發行二 級 資 本 債 券。 本 行 欣 然 宣 佈，本 行 已 在 全 國 銀 行 間 債 券 市 場 成 功 發 行 威 海 銀 行 股 份 有 限 公 司2025年二級資本債券（「本期債券」）。本 期 債 券 發 行 規 模 為 人 民 幣20億 元，票 面利率為2.6%，在 第5年 末 附 發 行 人 有 條 件 贖 回 權。 本 期 債 券 募 集 的 資 金 將 依 據 適 用 法 律 和 監 管 部 門 的 批 准，用 於 補 充 本 行 的 二 級 資 本。 威海銀行股份有限公司* 董事會 中 國，威 海 2025年10月30日 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 ...

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。 WEIHAI BANK CO., LTD.* 一、資本管理情況 （股 份 代 號：9677） 2025年第三季度財務數據概要 本公告乃由威海銀行股份有限公司*（「本 行」，連 同 其 附 屬 公 司 統 稱 為「本集團」） 根 據《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》第13.09條 及《證 券 及 期 貨 條 例》（香 港法例第571章）第XIVA部 項 下 的 內 幕 消 息 條 文 而 作 出。 根 據《全 國 銀 行 間 債 券 市 場 金 融 債 券 發 行 管 理 辦 法》等 相 關 規 定，本 行 認 真 履 行 各 項 資 訊 披 露 義 務，及 時 披 露 財 務 資 訊、經 營 資 訊 及 資 本 管 理 資 訊。 依 據《商 業 銀 行 資 本 管 理 辦 法》的 相 關 規 定，對 商 業 銀 ...

Core Insights - The "Data Element ×" competition aims to accelerate the release of data element potential and is the first national event focused on the development and application of data elements in China [1][2] - Weihai Bank's project, which emphasizes the value of data elements to support the high-quality development of green finance, won the second prize in the financial services track [1] Group 1: Competition Overview - The competition is part of the "Three-Year Action Plan for Data Elements (2024-2026)" and is organized by various governmental bodies including the Shandong Provincial Big Data Bureau and the People's Bank of China Shandong Branch [1] - The theme of the competition is "Data Empowerment, Multiplying Upwards," involving multiple selection rounds, written evaluations, and presentation defenses [1] Group 2: Weihai Bank's Achievements - Weihai Bank has established an enterprise-level data middle platform to solidify its data foundation, break down data silos, and achieve unified integration and processing of internal and external data [1] - The bank has developed a comprehensive data standard management system and utilizes intelligent data analysis models for automatic calculation of environmental benefits and carbon emissions in green financial product design [1] - The bank's green finance product system, referred to as "1+3+5+N," aims to meet diverse financial needs of various market entities and supports the green and low-carbon transformation of the real economy [1] Group 3: Future Directions - Weihai Bank plans to leverage this award as an opportunity to deepen data infrastructure development and enhance the integration of business and data [2] - The bank aims to implement data elements effectively in key areas such as business empowerment, risk control, and efficiency improvement to inject strong data-driven momentum into regional economic high-quality development [2]

Core Insights - Weihai Bank has successfully implemented Tianjin's first "Biodiversity + Sustainable Development Linked" loan, amounting to 10 million yuan, marking a significant breakthrough in green finance innovation [1] - The loan supports a crab-rice symbiosis project in Tianjin, which is a typical example of ecological agriculture, contributing to the maintenance of wetland ecosystem balance and biodiversity protection [1] Group 1 - The loan is tailored to the needs of the enterprise, providing financial support to expand breeding scale and improve product quality while offering interest rate discounts if production targets are met [1] - The project utilizes the natural symbiotic relationship between crabs and rice, forming an efficient ecological cycle that is crucial for regional biodiversity [1] Group 2 - Weihai Bank plans to deepen its exploration in the field of biodiversity, continuously enriching its green financial products and services to promote the synergy between ecological protection and industrial development [2]

Core Insights - Weihai Bank has officially released its 2024 Natural Related Financial Disclosure (TNFD) report, becoming the first commercial bank in China to systematically disclose natural-related information [1] - The TNFD disclosure is a significant step for Weihai Bank in practicing sustainable development, showcasing its commitment to ecological protection and sustainable practices [1] - The report evaluates the dynamic relationship between the bank's operations and the natural environment across four dimensions: governance, strategy, risk and impact management, and metrics and targets [1] - The bank employs the LEAP (Locate, Evaluate, Analyze, Prepare) methodology to analyze its dependence on and impact on natural capital, identifying related risks and opportunities [1] - As the first city commercial bank in Shandong Province to sign the United Nations Principles for Responsible Banking, Weihai Bank is positioning itself for sustainable development [1] Future Directions - Weihai Bank plans to continue implementing new development concepts, deepen natural-related financial innovations, and enhance its information disclosure system [2] - The bank aims to direct more financial resources towards ecological protection, energy conservation, and clean energy sectors, contributing to high-quality sustainable economic development [2]

Core Insights - Multiple wealth management companies have recently signed distribution agreements with small and medium-sized banks, indicating a growing trend in the number of banks participating in wealth management distribution [1][2] - Small and medium-sized banks are increasingly looking to enhance their intermediary income through distribution partnerships due to pressure on net interest margins and limited space for self-conducted wealth management [1][2] - The collaboration between wealth management companies and small banks is expected to deepen in the future, driven by mutual benefits [2][3] Group 1: Distribution Partnerships - Several wealth management companies, including Su Yin Wealth Management and Ning Yin Wealth Management, have announced new distribution agreements with small banks such as Weihai Bank and Jiangnan Rural Commercial Bank [1] - Since the beginning of October, nearly ten wealth management companies have added new distribution partners, including Wenzhou Bank and High Postal Rural Commercial Bank [1][2] - A wealth management company under a joint-stock bank has expanded its distribution channels to include nearly 30 new small banks this year, focusing on rural commercial banks [2] Group 2: Strategic Shift of Small Banks - Regional small banks are facing pressure from narrowing net interest margins and limited self-investment income, prompting them to explore wealth management distribution as a strategic pivot [2][3] - Regulatory constraints on self-conducted wealth management have further limited small banks' ability to grow their own wealth management businesses [2] - The shift towards distribution partnerships allows small banks to adopt a "light capital, light asset" operational model, which is seen as a necessary strategic path [2][3] Group 3: Performance Metrics - In the first half of 2025, several small banks reported significant growth in intermediary income, with Changshu Bank's net income from fees and commissions reaching 142 million, a year-on-year increase of over 600% [3] - Changshu Bank's wealth management distribution scale reached 7.277 billion by mid-2025, up from 4.954 billion at the end of 2024 [3] Group 4: Market Expansion Strategies - Wealth management companies are actively expanding their distribution networks beyond their parent banks to include small and medium-sized banks, aiming to tap into broader market opportunities [5] - The strategy includes covering state-owned and joint-stock banks, as well as deepening partnerships with city and rural commercial banks to reach lower-tier markets [5] - The diversification of distribution channels is expected to enhance the long-term development of wealth management companies, reducing the impact of market fluctuations on their investment behavior [5][6]

Core Insights - Weihai Bank held a meeting on October 16, 2023, focusing on maintaining strategic determination and ensuring a successful year-end closure [1] - The bank has achieved record highs in total assets, deposits, and loans while adhering to the principle of "rooted in Shandong, sincere service" [2] - The bank aims to become a "national first-class city commercial bank" by enhancing financial innovation and service systems [3] Group 1 - The bank's total assets, deposits, and loans have reached historical highs, reflecting its commitment to sustainable development [2] - The bank emphasizes high-quality party building to guide its development direction and has conducted educational initiatives to reinforce this [2] - Continuous reform and transformation efforts are focused on market-oriented, professional, refined, and digital strategies, with recognition in the "Data Element ×" competition [2] Group 2 - The bank has implemented a talent development system, hosting various competitions and training sessions to cultivate a skilled workforce [2] - A culture of care and employee well-being is promoted, enhancing employee satisfaction and sense of belonging [2] - The bank has launched innovative financial products and services, including green finance initiatives and comprehensive service platforms for elderly care [2]

威海银行紧紧围绕绿色发展理念，将绿色金融和普惠金融紧密融合，聚焦"三农"领域创新推出"绿农 贷"系列产品，构筑多元化的绿色金融服务体系，推动绿色低碳可持续发展。 打通线上"绿色通道"，金融春雨为民解忧 "威海银行的'绿色农耕贷'太方便了，不用出门在手机上就能办理贷款，关键是贷款利率优惠、发放还 快。"在徐先生一筹莫展之际，这场信贷"及时雨"高效满足了其购买农资、农具的资金需求，帮助徐先 生顺利度过了春耕备耕的关键时期。 蔬菜大棚种植户王先生也是"惠农贷"的受益者。由于旧棚改造资金缺口大，威海银行主动深入田间地头 进行走访调研，"一对一"量身定制金融服务方案，及时为王先生发放"绿色大棚贷"50万元，帮助其搭建 起集蔬菜水果采摘、观光休闲为一体的绿色大棚。"绿色大棚贷"发放的农业资金紧跟农时，审批快、发 放快，不误农时、不误生产，切实帮助王先生解决了资金需求的燃眉之急。 威海银行"绿农贷"系列产品，通过创新"银担合作+大数据"的业务模式，有效提高了融资的便利度，进 一步加大了对种粮大户、畜牧养殖、大棚蔬菜种植等新型农业经营主体的支持力度，为"粮袋子""菜篮 子""果盘子"平稳有序供应贡献着金融力量。 信贷"活水" ...