Group 1 - The core viewpoint emphasizes the transformation of consumption patterns in Shenzhen, driven by policies aimed at expanding domestic demand and promoting consumption [1] - The city, with a population of 18 million, is fostering new consumption experiences and fields, supported by financial services that integrate technology into everyday transactions [1] - The "Tengfei Loan" 3.0 model provides significant credit support to technology-driven enterprises, addressing funding challenges in research and development [2][3] Group 2 - The "Tengfei Loan" 3.0 model differs from traditional lending by offering larger initial credit support to help companies increase their equity value before sharing in the excess equity gains [3] - The "Puzhanggui" intelligent settlement platform is introduced to enhance the payment experience for businesses, addressing issues like high labor costs and inefficiencies in payment management [4] - The platform has received positive feedback from businesses, including a new restaurant chain in Shenzhen, for optimizing payment processes and ensuring fund security [4] Group 3 - To improve the consumption experience for foreign visitors, the bank has established a comprehensive service system at key locations, including language support and streamlined processes for currency exchange [5][6] - The bank's proactive approach in assisting foreign clients, such as facilitating currency exchange for an Indian visitor, highlights its commitment to enhancing cross-border payment experiences [6] - The bank aims to deepen its three-dimensional service system of "payment + credit + scenarios" to stimulate the consumption market and contribute to Shenzhen's goal of becoming a globally influential consumption hub [6]

Core Viewpoint - Shanghai Pudong Development Bank has announced an increase in the holdings of its convertible bonds by a significant asset management plan managed by Xinda Securities, indicating strong investor confidence in the company's financial instruments [1][3]. Group 1: Convertible Bond Overview - The company has publicly issued 50 million convertible bonds, with a total value of RMB 5 billion and a maturity period of 6 years, approved by the China Securities Regulatory Commission [2]. - The bonds, known as "Pudong Convertible Bonds," have been trading on the Shanghai Stock Exchange since November 15, 2019, under the code "110059" [2]. Group 2: Recent Increase in Holdings - As of June 25, 2025, Xinda Securities' managed asset plan, Xinfeng No. 1, has cumulatively increased its holdings of the company's convertible bonds by 117,852,490 units, which represents 23.57% of the total issuance [3].

Core Viewpoint - Recently, Cinda Securities purchased over 10 billion yuan of SPDB convertible bonds, indicating a strategic move to address potential redemption issues as the bonds approach maturity [2][5]. Group 1: Investment Details - Cinda Securities' asset management plan, XinFeng No. 1, has cumulatively increased its holdings of SPDB convertible bonds by 117,852,490 shares, representing 23.57% of the total issuance of 500 billion yuan [2][5]. - The face value of one convertible bond is 100 yuan, making the total value of the purchased bonds approximately 11.785 billion yuan, with a market value of 13.252 billion yuan based on the latest closing price of 112.451 yuan [5]. Group 2: Market Performance - The SPDB convertible bonds have shown a price increase of 3.17% year-to-date, closing at 112.451 yuan [5]. - The bonds were issued on October 28, 2019, with a maturity period of six years, set to mature in about four months [7]. Group 3: Strategic Implications - If the convertible bonds are not converted before maturity, SPDB will need to redeem them at a price of 110 yuan, which includes the final interest payment [7]. - The current bond balance is approximately 499.97 billion yuan, indicating minimal conversion activity thus far, raising questions about Cinda Investment's significant purchase and its potential role in facilitating the conversion process [7].

Core Viewpoint - The significant purchase of over 11.78 million shares of SPDB convertible bonds by Xinda Securities, amounting to over 11.78 billion yuan, raises questions about the potential resolution of SPDB's convertible bond conversion issues before maturity [2][4][6]. Group 1: Investment Activity - Xinda Securities' asset management plan, Xinfeng No. 1, has cumulatively increased its holdings of SPDB convertible bonds to 11,785,249 shares, representing 23.57% of the total issuance [2][4]. - The total face value of the purchased convertible bonds is approximately 11.785 billion yuan, with a market value of around 13.252 billion yuan based on the latest closing price [4]. Group 2: Bond Performance - The SPDB convertible bonds have shown a price increase of 3.17% year-to-date, closing at 112.451 yuan [5]. - The bonds, issued on October 28, 2019, have a total issuance of 50 billion yuan and are set to mature in four months, with a redemption price of 110 yuan [5]. Group 3: Implications for SPDB - If the convertible bonds are not converted before maturity, SPDB will need to redeem them, with the current bond balance at approximately 49.997 billion yuan, indicating minimal conversion activity [6]. - The substantial increase in holdings by Xinda Investment, a subsidiary of China Cinda, may be aimed at assisting SPDB in addressing its convertible bond conversion challenges [6].

Core Viewpoint - The Shanghai Pudong Development Bank (SPDB) Guangzhou Branch is actively supporting the construction of Guangzhou as an international consumption center by transforming its financial services to enhance consumer spending and meet diverse customer needs [2][10]. Group 1: Wealth Management and Consumer Support - SPDB Guangzhou Branch is building a comprehensive wealth management service system that caters to various customer groups and scenarios, providing essential support for consumption growth [4]. - In response to declining deposit rates, the bank focuses on safeguarding customers' financial interests by innovating wealth management products and launching specialized services for the elderly [5]. Group 2: Elderly Financial Services - The bank has established a unique elderly financial service system featuring specialized branches and exclusive benefits, enhancing service quality for senior customers [5][6]. - SPDB Guangzhou Branch has received the "Elderly Financial Service Home+" certification from the Guangzhou Financial Bureau, promoting personal pension accounts and products [5]. Group 3: Consumer Loan Innovations - SPDB is innovating its consumer loan products to stimulate spending, including increasing credit limits and extending loan terms [7]. - The "Pu Flash Loan" product has expanded its eligibility and offers competitive pricing to reduce financing costs for customers [7]. Group 4: Payment Services and Promotions - The bank collaborates with local merchants and platforms to create a localized payment benefits system, enhancing customer engagement through various promotional activities [8][9]. - SPDB Guangzhou Branch has implemented a series of consumer incentives, including discounts for elderly customers and exclusive offers for new residents in Guangdong [6][9]. Group 5: Future Directions - The bank plans to continue its financial innovations and initiatives aimed at boosting consumption and improving the quality of life for residents, contributing to the high-quality development of Guangdong's economy [10].

本公司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。 公告编号：临2025-031 证券代码：600000 证券简称：浦发银行 优先股代码：360003 360008 优先股简称：浦发优1 浦发优2 转债代码：110059 转债简称：浦发转债 上海浦东发展银行股份有限公司 关于投资者增持公司可转债的公告 近日，公司收到信达证券股份有限公司（以下简称"信达证券"）和信达投 资有限公司（以下简称"信达投资"）的通知如下： 截至 2025 年 6 月 25 日，信达证券管理的信丰 1 号单一资产管理计划通过上 海证券交易所系统累计增持公司可转债 117,852,490 张，占浦发转债发行总量的 23.57%。 2025 年 6 月 26 日，信达证券管理的信丰 1 号单一资产管理计划将持有的公 司可转债 117,852,490 张，通过上海证券交易所系统转让至信达投资账户，占浦 发转债发行总量的 23.57%。 1 一、浦发转债基本概况 经中国证券监督管理委员会《关于核准上海浦东发展银行股份有限公司公开 发行可转换公司债券的批复》（证监许 ...

Core Viewpoint - Shanghai Pudong Development Bank's Shanghai Branch celebrates its 32nd anniversary, emphasizing its commitment to compliance culture and its role in supporting national strategies and local economic development [2] Group 1: Compliance and Risk Management - The Shanghai Branch adopts a "digital intelligence" approach to strengthen compliance management, achieving a balance between risk mitigation and value creation [3] - A three-tier risk identification mechanism is established, including "early warning monitoring, special inspections, and daily checks," ensuring comprehensive risk assessment [3] - The branch has maintained a "Level 2" rating in risk assessments by the Shanghai Financial Regulatory Bureau and has been recognized as an "A-class institution" by the People's Bank of China for 12 consecutive years [3] Group 2: Credit System Innovation - A new "front × wide × high" credit system is developed, promoting collaboration between risk management and business marketing departments to enhance customer engagement [11] - The branch focuses on dynamic support for credit services, improving asset management capabilities and aligning credit services with frontline business needs [12] - Research teams are established to deepen industry insights, covering six major sectors, thereby enhancing customer trust through specialized approvals [13] Group 3: Service Experience Enhancement - The bank aims to improve service experiences by optimizing the business environment and enhancing customer interactions [17] - Innovations in corporate services include a multi-channel online appointment platform and self-service account opening options, making the process more efficient [18] - Special services for foreign clients are implemented, including simplified account opening processes and 24/7 payment services at the airport, receiving positive feedback from international customers [19] Group 4: Security and Fraud Prevention - Advanced data models are utilized to enhance the security of funds, with successful interception of 125 suspicious account activities and prevention of over 3.81 million yuan in fraud [24] Group 5: Digital Transformation and Efficiency - The bank leverages "digital intelligence" to streamline service processes, significantly improving operational efficiency [27] - An intelligent inquiry process is developed, handling nearly 40,000 cases annually with reduced manual intervention, setting a benchmark in the industry [28] - The bank has completed over 1,400 technical support sessions for direct connections between banks and enterprises, enhancing cross-border financial service efficiency [30]

Core Viewpoint - The strategic cooperation among China Hospital Association, Shanghai Pudong Development Bank, and China Pacific Insurance aims to enhance the health and retirement security of healthcare workers, addressing a pressing social concern [1][4]. Group 1: Strategic Cooperation - The three parties will create an ecosystem combining "finance + hospitals + services" to establish a new benchmark for employee services in the hospital industry [1]. - The collaboration is not merely a "simple resource addition" but a "reconstruction of service logic," leveraging the expertise of the China Hospital Association, the technological capabilities of Shanghai Pudong Development Bank, and the innovative insurance solutions from China Pacific Insurance [4]. Group 2: Service Model - The partnership aims to provide a comprehensive service chain covering "occupational risk protection—health management—retirement planning" for healthcare workers, offering an innovative model for upgrading employee welfare systems in the hospital sector [4]. - The successful implementation of this model provides a new approach for social forces to participate in the construction of healthcare worker security systems, serving as a "Taibao sample" for other sectors [4]. Group 3: Future Expansion - China Pacific Insurance plans to extend this model to other groups such as veterans and athletes, furthering its "Great Health" strategy and promoting ecological collaboration in insurance [5]. - The cross-industry collaboration not only creates a comprehensive protection system for healthcare workers but also outlines the future of the "Great Health" ecosystem through innovative practices [5].

Core Viewpoint - The strategic cooperation agreement signed between the China Hospital Association, Shanghai Pudong Development Bank, and China Pacific Insurance aims to explore new service models in the healthcare sector, enhancing the quality of China's medical services [1][4]. Group 1: Strategic Cooperation - The three parties will leverage their respective strengths to inject new momentum into the high-quality development of China's healthcare industry [1]. - The cooperation is seen as a significant milestone in deepening the collaboration between the financial and healthcare sectors [1][4]. Group 2: Financial Services in Healthcare - Shanghai Pudong Development Bank is committed to building a smart healthcare infrastructure service model, participating deeply in public hospital reforms, and supporting the digital upgrade of medical institutions [3]. - The bank aims to create a comprehensive service system covering the entire healthcare industry chain, including innovative financial products for drug procurement, equipment updates, and medical device purchases [3]. - The bank will integrate resources to form a healthcare service ecosystem, providing comprehensive services for enterprises and patients [3]. Group 3: Commitment to Health Initiatives - The bank emphasizes its role as a financial engine for the "Healthy China" strategy, focusing on the healthcare sector as a key support area [4]. - The cooperation aims to enhance the service ecosystem covering high-quality development of medical institutions, the entire lifecycle, and the full health journey of patients through deep collaboration among finance, insurance, and healthcare [4]. - The bank plans to address critical technological challenges in healthcare, improve supply chain finance, and support grassroots medical services through inclusive finance [4].

Core Viewpoint - Shanghai Pudong Development Bank (SPDB) Shanghai Branch has achieved significant milestones over its 32 years, focusing on compliance culture and serving the national strategy while contributing to Shanghai's development as an international financial center [3]. Group 1: Customer Engagement and Market Development - SPDB Shanghai Branch emphasizes targeted customer engagement, creating a specialized service ecosystem to cater to different customer segments [4]. - The branch has successfully launched the first batch of insurance asset management services in the gold market, enhancing efficiency and safety for insurance institutions [4]. - A new product, "省心存," was developed to address the needs of the futures market, resulting in a stable deposit balance exceeding 1 trillion yuan [4]. Group 2: Investment and Financial Support - The branch has invested 519 billion yuan in key national strategic areas, with a 14% increase year-on-year, supporting technology finance, inclusive finance, and regional development [7]. - Specific allocations include 29 billion yuan for technology finance, 8 billion yuan for inclusive finance, and 456 billion yuan for the Yangtze River Delta integration [7]. Group 3: Custody and Asset Management - SPDB Shanghai Branch's custody business has reached 5.6 trillion yuan, growing over 300 billion yuan since the beginning of the year, maintaining the top position in the Shanghai region [9]. - The branch has introduced innovative products, including the first floating rate fund and the first insurance gold custody service in the market [9]. Group 4: Discounting Services and Digital Transformation - The bank has established a robust ecosystem for bill discounting, serving 570 clients, a 25% increase, and has simplified processes for technology enterprises [10]. - The introduction of the "浦银e贴" online discounting product has enhanced efficiency, with 6.4 billion yuan processed through digital channels [10].