Core Viewpoint - Dongguan Rural Commercial Bank (09889) reported a stable growth in its mid-term performance for the six months ending June 30, 2025, with significant increases in revenue and net profit [1] Financial Performance - The bank's operating income reached 5.501 billion RMB, while net profit stood at 2.628 billion RMB and attributable net profit was 2.629 billion RMB, resulting in basic earnings per share of 0.38 RMB [1] Asset and Deposit Growth - As of the reporting period, the total assets of the group amounted to 76.0445 billion RMB, an increase of 14.541 billion RMB, reflecting a growth rate of 1.95% compared to the end of the previous year [1] - The total deposit balance was 53.2364 billion RMB, which increased by 12.116 billion RMB, marking a growth of 2.33% [1] - The total loan balance reached 39.4415 billion RMB, with an increase of 13.370 billion RMB, representing a growth rate of 3.51% [1] Quality of Development - The non-performing loan ratio was reported at 1.87%, with a provision coverage ratio of 190.56% [1] - The capital adequacy ratio and the Tier 1 capital adequacy ratio were 15.92% and 13.80% respectively, all of which meet regulatory standards [1]

Core Viewpoint - Dongguan Rural Commercial Bank reported a solid mid-term performance for the six months ending June 30, 2025, with significant growth in revenue and net profit, indicating a stable financial position and commitment to supporting the real economy [1] Financial Performance - The bank's operating income reached 5.501 billion RMB, while net profit stood at 2.628 billion RMB, and profit attributable to shareholders was 2.629 billion RMB, with basic earnings per share of 0.38 RMB [1] Asset and Deposit Growth - As of the reporting period, total assets amounted to 760.445 billion RMB, an increase of 14.541 billion RMB, reflecting a growth rate of 1.95% compared to the end of the previous year [1] - Total deposit balance was 532.364 billion RMB, up by 12.116 billion RMB, marking a growth of 2.33% [1] - Total loan balance reached 394.415 billion RMB, increasing by 13.370 billion RMB, with a growth rate of 3.51% [1] Quality of Development - The bank's non-performing loan ratio was reported at 1.87%, with a provision coverage ratio of 190.56% [1] - Capital adequacy ratio and Tier 1 capital adequacy ratio were 15.92% and 13.80% respectively, all meeting regulatory standards [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。 Dongguan Rural Commercial Bank Co., Ltd.* 東莞農村商業銀行股份有限公司 * （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股份代號：9889） 截至2025年6月30日止六個月之 中期業績公告 東莞農村商業銀行股份有限公司（「本行」）董事會（「董事會」）欣然宣佈本行及其附屬公司 截至2025年6月30日止六個月之未經審計綜合中期業績（「中期業績」）。董事會審計委員會 已審閱並確認中期業績。 本業績公告刊載於香港聯合交易所有限公司網站(www.hkexnews.hk)及本行網站 (www.drcbank.com)。本行2025年中期報告將於2025年9月於上述網站上公佈。 東莞農村商業銀行股份有限公司 董事會 中國廣東省東莞市 2025年8月28日 於本公告日期，本行董事會包括執行董事盧國鋒先生、傅強先生、錢華先生及葉建光先 ...

Group 1: International and Domestic Trends - The Federal Reserve maintained the federal funds rate at 4.25%-4.5% in March 2025, but signals of potential rate cuts were released by Powell at the Jackson Hole meeting on August 23, leading to a 91.3% market bet on a September rate cut [1][2] - The international trend of rate cuts has impacted the Chinese financial market, with household deposits increasing by 10.77 trillion yuan in the first half of 2025, but a decrease of 1.11 trillion yuan in July, indicating a shift of funds towards wealth management and funds [1][3] Group 2: Effects of Rate Cuts on Capital Flow - Following three rate cuts by the Federal Reserve in 2024, foreign institutions increased their holdings of Chinese bonds by over 300 billion yuan in Q4 2024, while enterprises in the Shanghai Free Trade Zone saw a 45% year-on-year increase in cross-border purchases of high-yield foreign deposits [3] - In response to the Fed's rate cuts, the People's Bank of China lowered the reserve requirement ratio by 0.5 percentage points in September 2024 and again in May 2025, resulting in a historical low average interest rate of 3.68% for new corporate loans in the first half of 2025 [3] Group 3: Structural Changes in Domestic Deposits - The acceleration of fund migration is evident as non-bank institution deposits surged by 2.14 trillion yuan, while the interest rates on three-year large deposits fell from 2.8% in 2023 to 1.8%-2.2% in 2025, contrasting with an average return of 4.5% for balanced stock and bond funds during the same period [3] Group 4: New Regulations and Their Implications - The new regulation allows cash withdrawals of over 50,000 yuan without mandatory registration of the source or purpose, addressing previous concerns over excessive scrutiny [4] - Financial institutions must still adhere to the "Know Your Customer" principle, with enhanced scrutiny for high-risk clients, while technology is being utilized to streamline processes and protect customer privacy [4][5] Group 5: Economic and Real Estate Impacts - The central bank's liquidity injection of 600 billion yuan through a one-year MLF operation aims to alleviate market pressure and direct more funds into the real economy [6] - The rental market is expected to grow due to new housing rental regulations, which may divert some funds from home purchases and ease pressure on the housing market [7] Group 6: Expert Analysis on Regulatory Changes - The new regulations do not relax anti-money laundering efforts but instead focus resources on higher-risk areas, ensuring that banks maintain rigorous checks on clients from high-risk regions [9] - Innovations in local policies, such as the introduction of combination products by banks, aim to enhance customer returns while maintaining compliance with new regulations [12]

银行理财机构与地方农商银行正成为代销合作的好搭档。 据《国际金融报》记者不完全统计，截至8月19日，年内已有农银理财、苏银理财、中银理财、渤 银理财等多家银行理财子公司与浙江、山西、山东等地超35家农商行"牵手"代销业务。此外，同花顺 iFinD数据显示，归属于股份行及江浙地区城商行的理财机构尤为热衷于拓展下沉市场。 当前，三四线城市及县域等下沉市场的财富管理需求正快速增长。受访专家指出，在对接中小银行 时，理财公司可能需要为其提供除产品外的一系列配套服务支持，覆盖售前、售中、售后的全流程服务 闭环。 8月18日，浙江缙云农商行在微信平台发布公告称，于2025年8月15日与北银理财签署代理销售合作 协议，将之新增为该行的代销理财合作机构。 这已是缙云农商行"牵手"的第五家银行理财机构。此前，该行已陆续与兴银理财、杭银理财、信银 理财和青银理财建立了代销业务关系。 记者梳理发现，除缙云农商行外，还有多家地方农商行"牵手"银行理财子公司。 8月14日，农银理财发布公告称，为了更好地服务客户，该公司已与东莞农商银行签订《理财产品 代理销售服务合同》，委托东莞农商行代理销售其管理发行的理财产品。8月8日，衢江农商银行 ...

格隆汇8月18日丨东莞农商银行(09889.HK)宣布，将于2025年8月28日（星期四）举行董事会会议，以考 虑（其中包括）批准本行及其附属公司截至2025年6月30日止六个月的中期业绩及其发布。 ...

董事會會議日期 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。 Dongguan Rural Commercial Bank Co., Ltd.* 東莞農村商業銀行股份有限公司 * （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股份代號：9889） 東莞農村商業銀行股份有限公司（「本行」）董事會（「董事會」）謹此宣佈將於2025年8月 28日（星期四）舉行董事會會議，以考慮（其中包括）批准本行及其附屬公司截至2025 年6月30日止六個月的中期業績及其發佈。 東莞農村商業銀行股份有限公司 董事會 中國廣東省東莞市 2025年8月18日 於本公告日期，本行董事會包括執行董事盧國鋒先生、傅強先生、錢華先生及葉建光 先生；非執行董事黎慧琴女士、王偉雄先生、唐聞成先生及陳浩峰先生；以及獨立非 執行董事曾儉華先生、葉棣謙先生、許智先生、譚福龍先生、劉宇鷗女士及許婷婷女士。 * 東莞農村商業銀行股份有限公司並非香港法例第1 ...

Group 1 - Dongguan Rural Commercial Bank plans to issue its first financial bond of 2025 on August 21, 2025, with a total issuance scale of RMB 2.5 billion [1] - The bond will have a maturity period of 3 years [1] - The bond and issuer have received a comprehensive credit rating of AAA from China Chengxin International Credit Rating Co., Ltd [1]

Core Viewpoint - Dongguan has pioneered a "scattered industrial wastewater" centralized treatment model and established the first national management regulations for such wastewater, providing essential infrastructure for green and low-carbon industrial development [1] Group 1: Wastewater Management Innovations - Dongguan has created six scattered industrial wastewater treatment units, enabling nearly 20,000 enterprises to have their wastewater centrally processed [2] - The establishment of a management platform allows banks to access real-time data on wastewater generation and treatment, facilitating the issuance of loans linked to wastewater management indicators [2] Group 2: Financial Support Mechanisms - Dongguan Rural Commercial Bank has provided a loan of 50 million yuan to Haixin Company, linking the loan amount and interest rates to the company's wastewater treatment performance [2] - A market-driven incentive mechanism has been established where better environmental performance leads to lower financing costs for companies [2] Group 3: Impact on Companies - Huabao Company, a specialized wastewater treatment enterprise, has processed 85,000 tons of wastewater annually and received a loan of 1 million yuan, benefiting from a 20 basis points interest rate reduction [3] - The financial support has encouraged companies to enhance their services to small and medium enterprises, promoting green development [3] Group 4: Future Directions - The People's Bank of China in Guangdong will continue to refine and promote financing support models that integrate central bank re-loans with wastewater management loans, aiming to assist more small and medium enterprises in their green development efforts [3]

公司名稱: 東莞農村商業銀行股份有限公司 呈交日期: 2025年8月6日 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7月31日 狀態: 新提交 致：香港交易及結算所有限公司 I. 法定/註冊股本變動 | 1. 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 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 内資股 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,740,454,510 RMB | | | 1 RMB | | 5,740,454,510 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 5,740,454,510 RMB | | | 1 RMB | | 5,740,454,510 | | 2. ...