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。 本公告乃東莞農村商業銀行股份有限公司（「本行」）根據香港聯合交易所有限公司證券 上市規則第13.09(2)條及香港法例第571章證券及期貨條例第XIVA部項下內幕消息條文 作出。 背景 由於本行已於中華人民共和國（「中國」）發行二級資本債券，故根據中國相關法律及法 規，本行須在銀行間市場清算所股份有限公司( https://www.shclearing.com.cn )及中國外匯 交易中心暨全國銀行間同業拆借中心( https://www.chinamoney.com.cn )網站披露截至2025年 9月30日止九個月的若干未經審核財務及營運數據。 本行股東及潛在投資者謹請留意，本公告所披露的財務數據乃根據中國企業會計準則 （「中國企業會計準則」）及╱或國家金融監督管理總局非現場監管報告（表1104）下的併 表基準（「1104合併基準」）編製，與本行2021年9月29日在香港聯合交易所有限公司主板 上市 ...

Core Viewpoint - The article highlights the successful transformation of Huangjiacang Village through the "Silver Village Cooperation" initiative, which has significantly improved both the environment and economic conditions in the area, serving as a model for rural revitalization in Guangdong [14][18]. Group 1: Environmental Improvement - Huangjiacang Village has integrated idle and corner lands to create multiple small parks, enhancing the village's aesthetic appeal and providing green spaces for residents [15]. - The village has completed the hardening of 10 roads and alleys, adding approximately 300 roadside parking spaces, thus improving transportation convenience for villagers [15]. Group 2: Service Enhancement - The village has upgraded public service facilities, including new public toilets and solar street lights, and optimized the student waiting area, creating a one-stop service hub for residents [16]. - Monthly community activities such as training sessions, dance classes, and health consultations cater to diverse needs, from children to the elderly [16]. Group 3: Economic Development - Huangjiacang Village has leveraged loans for industrial area renovation, revitalizing idle factory resources and fostering specialized industry clusters, with a projected collective income of 22.5 million yuan by 2024 [17]. - Ongoing renovation projects cover approximately 20,000 square meters, with an expected total construction area exceeding 70,000 square meters, generating annual revenue of about 12.69 million yuan, of which the village collective will receive 40% [17]. - The growth of collective economy has led to job creation, with 108 enterprises and 325 individual businesses providing ample employment opportunities for villagers [17].

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 東莞農村商業銀行股份有限公司 | 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. 股份分類 | 普通股 | H 股份類別 | | | 於香港 ...

Core Insights - The issuance of technology innovation bonds (科创债) has been increasing, with banks being the main issuers, particularly state-owned and regional banks [1][2] - Regional banks are focusing on long-term bonds with higher interest rates to support local technology enterprises and enhance their market presence [2] - The total issuance of technology innovation bonds in the Shanghai Stock Exchange has reached 1.4 trillion yuan, with a year-on-year growth of nearly 70% [2] Group 1: Issuance Trends - The technology innovation bond market has seen significant participation from various banks, including regional banks, which are actively entering the market [1] - Recent issuances include Chongqing Sanxia Bank's 20 billion yuan bond and Qingdao Bank's 10 billion yuan bond, both with a 5-year term [1] - The issuance scale of regional banks typically ranges from 1 billion to 3 billion yuan [1] Group 2: Funding Utilization - The funds raised from technology innovation bonds are primarily directed towards supporting high-tech enterprises in sectors like information technology and advanced manufacturing [2] - Regional banks are leveraging these bonds to stabilize funding costs and attract specific investor groups [2] Group 3: Market Outlook - The technology innovation bond market is expected to continue growing, with a favorable policy environment and increasing market demand [3] - The introduction of technology innovation bond ETFs has improved liquidity, making the market more attractive for conservative investors [3]

Core Viewpoint - Dongguan Rural Commercial Bank (09889.HK) is facing dual pressures on performance and asset quality, with a significant decline in both revenue and net profit in the first half of 2025 compared to the previous year [1][3]. Financial Performance - In the first half of 2025, the bank reported operating income of 5.501 billion yuan, a year-on-year decrease of 14.02%, and a net profit of 2.629 billion yuan, down 17.07%, marking a continuous decline in net profit for two and a half years [1][3]. - The bank's net interest income was 4.237 billion yuan, a decrease of 9.92% year-on-year, while the net interest margin was 1.22%, down 0.18 percentage points [1][5]. Asset Quality - As of June 30, 2025, the non-performing loan (NPL) ratio stood at 1.87%, an increase of 0.03 percentage points from the end of the previous year, marking four and a half consecutive years of rising NPL ratios since the bank's listing [1][9]. - The bank's provision coverage ratio fell to 190.56%, a decrease of 17.16 percentage points, marking the first time it has dropped below 200% since its listing [11]. Loan Portfolio - The personal loan NPL ratio increased from 2.29% at the end of the previous year to 2.81% as of June 30, 2025, with significant increases in the NPL ratios for personal operating loans, credit card overdrafts, and personal consumption loans [2][10]. - The total assets of Dongguan Rural Commercial Bank exceeded 760.4 billion yuan, with total loans amounting to 394.4 billion yuan, reflecting a growth of 3.51% from the previous year [4]. Comparison with Peers - Compared to its peers, Dongguan Rural Commercial Bank's net interest margin is below average, with the average net interest margin for commercial banks in China at 1.42% and for rural commercial banks at 1.58% [7].

Group 1 - Three banks in Dongguan have received approval for the appointment of their vice presidents, including Dongguan Rural Commercial Bank, Zheshang Bank Dongguan Branch, and China Everbright Bank Dongguan Branch [1] - The approval documents indicate that the vice president qualifications for Zheng Xuanjia of Zheshang Bank, Ye Yunfei of Dongguan Rural Commercial Bank, and Xin Wei of China Everbright Bank have been officially sanctioned [1][3][4] - Ye Yunfei has a comprehensive background in banking, having held various positions since 2000, including assistant to the president of Dongguan Rural Commercial Bank prior to his new role [1] Group 2 - The Dongguan Financial Regulatory Bureau emphasizes the importance of continuous learning and compliance with economic and financial laws for the newly appointed vice presidents [2][4] - The banks are required to ensure that the newly approved personnel report their appointment status within ten days of taking office, and failure to do so will result in the invalidation of the approval [3][4]

[Important Notice](index=3&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The Board and senior management affirm the interim report's accuracy, noting its approval, KPMG's review, and no interim profit distribution - The Board of Directors, Board of Supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of this interim report, free from false records, misleading statements, or material omissions[5](index=5&type=chunk) - On August 28, 2025, the Bank's Fifth Board of Directors' Twelfth Meeting approved the "Proposal on Approving the 2025 Interim Report of Dongguan Rural Commercial Bank Co., Ltd."[5](index=5&type=chunk) - The Bank's 2025 interim financial report, prepared in accordance with International Financial Reporting Standards, is unaudited but has been reviewed by KPMG in accordance with International Standards on Review Engagements[5](index=5&type=chunk) - The Bank will not distribute profits or convert capital reserves into share capital for the 2025 interim period[5](index=5&type=chunk) [Definitions](index=5&type=section&id=%E9%87%8B%E7%BE%A9) This section defines key terms used throughout the report to ensure clarity and consistent understanding of the content - This section provides definitions for commonly used terms in the report, such as "the Bank," "the Group," "Board of Directors," "Board of Supervisors," "CBIRC," "non-performing loans," "Sannong," and "small and micro enterprises," to ensure clarity and consistency of the report content[11](index=11&type=chunk)[12](index=12&type=chunk)[13](index=13&type=chunk) [Chapter 1 Introduction and Business Overview](index=9&type=section&id=%E7%AC%AC%E4%B8%80%E7%AB%A0%20%E7%B0%A1%E4%BB%8B%E5%92%8C%E6%A5%AD%E5%8B%99%E6%A6%82%E8%A6%81) This chapter provides an overview of the Bank's fundamental information, corporate profile, investment value, core competitiveness, and recent awards [Basic Information](index=10&type=section&id=%E4%B8%80%E3%80%81%E5%9F%BA%E6%9C%AC%E4%BF%A1%E6%81%AF) This section lists the basic information of Dongguan Rural Commercial Bank Co., Ltd., including its legal name, abbreviation, legal representative, registered address, website, customer service hotline, principal place of business in Hong Kong, stock exchange and code, and registered capital - The company's legal Chinese name is Dongguan Rural Commercial Bank Co., Ltd., abbreviated as Dongguan Rural Commercial Bank[17](index=17&type=chunk) - The company was listed on the Hong Kong Stock Exchange in 2021, with stock code 9889.HK[17](index=17&type=chunk)[18](index=18&type=chunk) Overview of Basic Information | Indicator | Content | | :--- | :--- | | Registered Address | No. 2 Hongfu East Road, Dongcheng Street, Dongguan City, Guangdong Province, China | | Registered Capital | RMB 6,888,545,510 | | Stock Exchange | The Stock Exchange of Hong Kong Limited | | Stock Abbreviation and Code | Dongguan Rural Commercial Bank (9889.HK) | [Company Profile](index=11&type=section&id=%E4%BA%8C%E3%80%81%E5%85%AC%E5%8F%B8%E6%83%85%E5%86%B5) Dongguan Rural Commercial Bank originated in 1952, was restructured into a joint-stock bank in 2009, and listed in Hong Kong in 2021. As of June 30, 2025, the Group's total assets reached RMB 760.45 billion, total deposits RMB 532.36 billion, and total loans RMB 394.42 billion. The non-performing loan ratio was 1.87%, and the provision coverage ratio was 190.56% - Dongguan Rural Commercial Bank has a long history, originating in 1952, restructured into a joint-stock bank in 2009, and listed on the Hong Kong Stock Exchange in 2021[18](index=18&type=chunk) - As of June 30, 2025, the Group's total assets were **RMB 760.45 billion**, total deposits **RMB 532.36 billion**, and total loans **RMB 394.42 billion**[18](index=18&type=chunk) Key Financial Indicators of the Group as of June 30, 2025 | Indicator | Amount/Ratio | | :--- | :--- | | Total Assets | RMB 760.45 billion | | Total Deposits | RMB 532.36 billion | | Total Loans | RMB 394.42 billion | | Non-performing Loan Ratio | 1.87% | | Provision Coverage Ratio | 190.56% | | Capital Adequacy Ratio | 15.92% | | Tier 1 Capital Adequacy Ratio | 13.80% | - According to the latest statistics from The Banker magazine, Dongguan Rural Commercial Bank ranked **218th** globally by Tier 1 capital as of the end of 2024[19](index=19&type=chunk) [Investment Value and Core Competitiveness](index=12&type=section&id=%E4%B8%89%E3%80%81%E6%8A%95%E8%B3%87%E5%83%B9%E5%80%BC%E5%8F%8A%E6%A0%B8%E5%BF%83%E7%AB%B6%E7%88%AD%E5%8A%9B) The Group's core competitiveness lies in its vibrant operating regional economy, clear development strategy, synergistic business segments, refined organizational management, technological empowerment, sound corporate governance, and open and enterprising corporate culture - The Group is based in the Guangdong-Hong Kong-Macao Greater Bay Area, centered in Dongguan with eastern and western Guangdong as fulcrums, operating in a vibrant regional economy with broad market development space[20](index=20&type=chunk) - The development strategy is clear and firm, aiming to become a regional value rural commercial bank group, practicing customer-oriented, integrity, steady development, and synergistic growth values[20](index=20&type=chunk) - The Group adheres to its primary responsibility of supporting agriculture, small businesses, and the real economy, promoting synergistic development of its four core business segments: corporate, retail, inclusive finance, and financial asset management, while accelerating digital transformation through technological empowerment[20](index=20&type=chunk)[21](index=21&type=chunk) - A sound "three boards and one layer" governance structure is established, with a diversified shareholder structure, fostering a corporate culture of responsibility, prudence, stability, warmth, and harmony[21](index=21&type=chunk) [Honors and Awards](index=13&type=section&id=%E5%9B%9B%E3%80%81%E6%A6%AE%E8%AD%BD%E8%88%87%E7%8D%8E%E9%A0%85) The Group received multiple honors and awards in 2025, including the Dongguan City Efficiency Contribution Award, Top 20 Enterprises by Main Business Revenue, Integrity Enterprise, and outstanding collective in promoting the "Hundred Counties, Thousand Towns, Ten Thousand Villages High-Quality Development Project," ranking 218th in The Banker magazine's Top 1,000 World Banks - In March 2025, the Group received the "2024 Dongguan City Efficiency Contribution Award" and "2024 Top 20 Enterprises by Main Business Revenue in Dongguan City" from the Dongguan Municipal Committee of the Communist Party of China and the Dongguan Municipal People's Government[22](index=22&type=chunk) - In May 2025, the Group was commended by the General Office of the CPC Guangdong Provincial Committee and the General Office of the Guangdong Provincial People's Government for its outstanding performance in promoting the "Hundred Counties, Thousand Towns, Ten Thousand Villages High-Quality Development Project"[22](index=22&type=chunk) - In July 2025, the Group ranked **218th** in The Banker magazine's "Top 1,000 World Banks"[22](index=22&type=chunk) [Chapter 2 Summary of Accounting Data and Financial Indicators](index=14&type=section&id=%E7%AC%AC%E4%BA%8C%E7%AB%A0%20%E6%9C%83%E8%A8%88%E6%95%B8%E6%93%9A%E5%92%8C%E8%B2%A1%E5%8B%99%E6%8C%87%E6%A8%99%E6%91%98%E8%A6%81) This chapter summarizes Dongguan Rural Commercial Bank's key accounting data and financial indicators for the six months ended June 30, 2025. During the reporting period, operating income and net profit decreased year-on-year, but total assets and customer loan balances grew steadily. Asset quality indicators showed a slight increase in the non-performing loan ratio and a decrease in the provision coverage ratio, while capital adequacy ratios remained compliant with regulatory requirements Summary of Operating Results for H1 2025 | Indicator | 2025 (RMB thousands) | 2024 (RMB thousands) | Change from prior period (%) | | :--- | :--- | :--- | :--- | | Operating Income | 5,500,933 | 6,398,182 | (14.02) | | Profit Before Tax | 2,755,043 | 3,457,440 | (20.32) | | Net Profit | 2,627,906 | 3,378,731 | (22.22) | | Net Profit Attributable to Shareholders of the Bank | 2,628,882 | 3,169,894 | (17.07) | | Basic Earnings Per Share (RMB

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8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 東莞農村商業銀行股份有限公司 呈交日期: 2025年9月4日 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. ...

Core Viewpoint - The banking wealth management industry is entering a true net value era, leading to deepening channel transformations and a consensus among firms to expand distribution networks, particularly in rural commercial banks [1][2]. Group 1: Market Dynamics - The competition in the wealth management market is intensifying, with rural commercial banks identified as a relatively untapped "blue ocean" for wealth management companies [1]. - The total asset scale of rural financial institutions in China is approximately 60.16 trillion yuan, accounting for 12.9% of the total assets of banking financial institutions, indicating a significant growth potential in this market [2]. Group 2: Strategic Partnerships - Numerous wealth management companies, including Xinyin Wealth and Beiyin Wealth, have recently announced partnerships with rural commercial banks to develop distribution business [1][2]. - The collaboration between wealth management firms and rural banks is seen as a strategic move to enhance market share and diversify revenue streams, especially for smaller banks facing regulatory challenges [1][3]. Group 3: Customer Engagement - The increasing income levels and rising wealth management awareness among residents in third and fourth-tier cities and county areas are driving demand for wealth management products [3]. - Rural commercial banks can leverage their local customer advantages to help wealth management companies expand their market reach and reduce regional concentration risks [3][4]. Group 4: Product Customization - Wealth management companies are tailoring their product offerings based on local customer preferences, focusing on risk-averse products for county-level clients [5]. - The shift from simple product distribution to a more integrated "distribution + empowerment" model is necessary for wealth management firms to remain competitive in the evolving market landscape [5].

Group 1 - The company announced the addition of Huabao Securities as a primary dealer for its fund starting from September 4, 2025 [1] - The announcement includes details about the sales institution, including its website and contact information [2] - The company aims to better meet investors' financial needs through the addition of new sales institutions [3] Group 2 - The company has signed a sales agreement with Shanghai Wacai Fund Sales Co., Ltd. to sell its pillar industry mixed securities investment fund starting from September 4, 2025 [3] - The announcement provides specific information about the sales institution, including its address and contact details [3][4] - Investors can inquire about details through the provided contact information for both the company and the sales institution [5] Group 3 - The company has also added Guojin Securities as a sales institution for some of its funds effective September 4, 2025 [7] - The announcement includes the sales institution's registration and office addresses, as well as contact information [7][8] - Similar to previous announcements, it emphasizes that business operations are subject to the sales institution's arrangements and regulations [8] Group 4 - The company has added Dongguan Rural Commercial Bank as a sales institution for its quality growth stock investment fund starting from September 4, 2025 [11] - The announcement details the sales institution's registration and office addresses, along with contact information [12] - It reiterates that the business processes and fee discounts will be determined by the sales institution [13][14]