A 股代码：600015 A 股简称：华夏银行 编号：2025—58 特此公告。 华夏银行股份有限公司董事会 华夏银行股份有限公司关于 2025 年无固定期限 资本债券（第一期）发行完毕的公告 2025 年 12 月 4 日 本行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。 经中国人民银行《准予行政许可决定书》（银许准予决字〔2025〕第 5 号） 和《国家金融监督管理总局关于华夏银行发行资本工具的批复》（金复〔2024〕 334 号）批准，华夏银行股份有限公司（以下简称"本行"）近日在全国银行间债 券市场发行了"华夏银行股份有限公司 2025 年无固定期限资本债券（第一期）" （以下简称"本期债券"），并在银行间市场清算所股份有限公司完成债券的登 记、托管。 本期债券于 2025 年 11 月 28 日簿记建档，并于 12 月 2 日发行完毕。本期 债券发行规模为人民币 200 亿元，前 5 年票面利率为 2.32%，每 5 年调整一 次，在第 5 年及之后的每个付息日附发行人有条件赎回权。本期债券募集资金 将依据适用法律和主管 ...

12月3日金融一线消息，据"华夏银行新闻"微信公众号，近日，华夏银行牵头簿记，以行业首创"区块链 簿记+数字人民币归集"创新模式，成功发行45亿元金融债券。发行全流程信息实时上链、不可篡改， 投资者随时能查。募集资金直接通过数字人民币归集，省去中间多重清算环节。本次债券发行人为华夏 银行控股子公司华夏金融租赁有限公司。本期债券初始计划发行30亿元，同步设置15亿元超额发行权， 最终全额触发超额配售，以45亿元满额收官，3年期票面利率锁定1.84%。 责任编辑：秦艺 责任编辑：秦艺 12月3日金融一线消息，据"华夏银行新闻"微信公众号，近日，华夏银行牵头簿记，以行业首创"区块链 簿记+数字人民币归集"创新模式，成功发行45亿元金融债券。发行全流程信息实时上链、不可篡改， 投资者随时能查。募集资金直接通过数字人民币归集，省去中间多重清算环节。本次债券发行人为华夏 银行控股子公司华夏金融租赁有限公司。本期债券初始计划发行30亿元，同步设置15亿元超额发行权， 最终全额触发超额配售，以45亿元满额收官，3年期票面利率锁定1.84%。 ...

南财智讯12月3日电，ST云动公告，公司为满足全资子公司昆明云内动力智能装备有限公司日常经营需 要，于2025年12月3日与华夏银行股份有限公司昆明大观支行签署《最高额保证合同》，为其在该行办 理的授信业务提供连带责任保证担保，担保总额不超过2800.00万元人民币，担保期限自保证合同签署 之日始至主合同项下主债务履行期届满之日起满三年。本次担保事项已经公司第七届董事会第十六次会 议审议通过，无需提交股东大会审议。截至目前，公司及控股子公司累计担保额度为2800.00万元，占 公司最近一期经审计净资产的1.70%，均为对全资子公司的担保，无逾期担保情况。 ...

◎记者 韩宋辉 创新信贷"多点开花" 当高风险、长周期的科技创新，遇到追求安全与盈利的传统银行信贷，会碰撞出怎样的火花？ 上海证券报记者近期调研发现，华夏银行正开展一场专项行动，通过研发贷、并购贷、科创债等创新工具组合出击，并在 内部掀起一场从组织架构、风控模型到激励机制的深刻变革，试图在科技金融领域走出一条兼顾政策使命与商业可持续的 路径。 华夏银行出手解决了这家企业面临的困境。华夏银行南京分行科技金融中心张经理说，这是华夏银行南京分行落地的首 笔"研发贷"，投放1300万元，能匹配企业高投入的临床试验资金需求，期限为3年。 在北京，某智能科技有限公司专注于高性能GPU芯片设计。随着新兴技术爆发，GPU芯片市场需求呈井喷式增长。该企业 为突破技术壁垒、扩大生产规模，急需3亿元流动资金。华夏银行北京分行快速响应，深入调研企业技术实力与市场前 景，为企业量身定制3亿元信用贷款授信方案。在这笔资金助力下，该企业成功与浙江省某实验室签订大额订单，推动国 产GPU在超算中心的应用，并实现新一代AI芯片研发提速。 在南京某头部上市国有药企收购医院股权时，华夏银行用11天完成了从中标到放款的全流程，为该公司发放1.5亿元 ...

华夏银行：重绘科技金融"作战图" ◎记者 韩宋辉 当高风险、长周期的科技创新，遇到追求安全与盈利的传统银行信贷，会碰撞出怎样的火花？ 上海证券报记者近期调研发现，华夏银行正开展一场专项行动，通过研发贷、并购贷、科创债等创新工 具组合出击，并在内部掀起一场从组织架构、风控模型到激励机制的深刻变革，试图在科技金融领域走 出一条兼顾政策使命与商业可持续的路径。 当科技创新浪潮奔涌向前，金融业如何回应每一粒创业种子、每一片产业高地的发展诉求？这是时代摆 在金融业面前的一道考题，也是银行业重塑定位、彰显价值的战略机遇。 科技金融，绝非简单的信贷投放，而是一场深刻的自我变革。近期，上海证券报记者走进四家商业银行 了解到，他们以相似的初心、不同的路径，书写着支持科技创新、服务地方经济的生动答卷： 华夏银行以一场全方位的专项行动，直面科技企业"高风险、长周期"与信贷"安全性、盈利性"的天然矛 盾，通过工具创新与内部变革，在政策使命与商业可持续之间，寻找那条难而正确的新路；北京中关村 银行则将科技金融刻入基因，不做"大而全"的追随者，而选择做"懂科技、懂创业"的陪伴者，以机制创 新打破"钱找企业"的壁垒，构建起同生共荣的科技金 ...

Core Insights - The article focuses on the performance of minimum holding period RMB public offering products, ranking them based on annualized returns for holding periods of 7, 14, 30, and 60 days [1][4][12] Group 1: 7-Day Holding Period Products - The top-performing product is from Minsheng Bank with an annualized return of 4.17% [3] - Other notable products include: - Huishang Bank with 3.58% [3] - Bank of China with 2.96% [3] - Minsheng Bank's Fuzhu Pure Bond with 2.54% [3] - Bohai Bank with 2.39% [3] Group 2: 14-Day Holding Period Products - Minsheng Bank's product "Jingxiang Fixed Income Incremental Dual-Week" leads with a return of 34.68% [5] - Other significant products include: - Minsheng Bank's Fuzhu Pure Bond with 5.66% [5] - WeBank's "Anying" Stable Income with 4.47% [5] - SPDB's "Wealth Management Series" with 2.33% [5] Group 3: 30-Day Holding Period Products - Minsheng Bank's "Guizhu Fixed Income Incremental Monthly" tops the list with a return of 21.23% [9] - Other key products include: - Minsheng Bank's Fuzhu Fixed Income with 13.53% [9] - Bank of China with 7.64% [9] - Huishang Bank's "Happiness 99" with 6.07% [9] Group 4: 60-Day Holding Period Products - The leading product is from Minsheng Bank with a return of 15.12% [13] - Other notable products include: - CITIC Bank's Fuzhu Pure Bond with 8.94% [14] - Bank of China with 4.57% [14] - Huishang Bank's product with 3.46% [14]

Market Overview - On December 2, the shareholding banks sector declined by 0.26% compared to the previous trading day, with Pudong Development Bank leading the decline [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Individual Bank Performance - Citic Bank (601998) closed at 7.78 with no change in price, trading volume of 527,000 shares, and a transaction value of 412 million yuan [1] - Industrial Bank (601166) closed at 21.15, down 0.05%, with a trading volume of 531,500 shares and a transaction value of 1.122 billion yuan [1] - China Merchants Bank (600036) closed at 43.38, down 0.14%, with a trading volume of 406,700 shares and a transaction value of 1.766 billion yuan [1] - Huaxia Bank (600015) closed at 7.00, down 0.14%, with a trading volume of 486,300 shares and a transaction value of 340 million yuan [1] - Everbright Bank (601818) closed at 3.59, down 0.28%, with a trading volume of 2.2732 million shares and a transaction value of 815 million yuan [1] - Zhejiang Commercial Bank (601916) closed at 3.12, down 0.32%, with a trading volume of 1.3659 million shares and a transaction value of 426 million yuan [1] - Ping An Bank (000001) closed at 11.64, down 0.43%, with a trading volume of 768,100 shares and a transaction value of 895 million yuan [1] - Minsheng Bank (600016) closed at 4.12, down 0.72%, with a trading volume of 3.3482 million shares and a transaction value of 1.379 billion yuan [1] - Pudong Development Bank (600000) closed at 11.45, down 0.78%, with a trading volume of 503,300 shares and a transaction value of 578 million yuan [1] Capital Flow Analysis - The shareholding banks sector experienced a net outflow of 426 million yuan from main funds, while speculative funds saw a net inflow of 242 million yuan, and retail investors had a net inflow of 183 million yuan [1] - Citic Bank had a main fund net inflow of 56.67 million yuan, while retail investors contributed a net inflow of 8.34 million yuan [2] - Huaxia Bank saw a main fund net inflow of 20.20 million yuan, but retail investors had a net outflow of 1.99 million yuan [2] - Pudong Development Bank experienced a main fund net inflow of 0.89 million yuan, with a net outflow from retail investors of 32.71 million yuan [2] - Minsheng Bank had a significant main fund net outflow of 96.31 million yuan, while speculative funds saw a net inflow of 61.08 million yuan [2] - Industrial Bank faced a main fund net outflow of 101 million yuan, but retail investors contributed a net inflow of 82.80 million yuan [2]

Core Viewpoint - China’s Huaxia Bank has been penalized for multiple regulatory violations, totaling 13.65 million yuan in fines, highlighting ongoing compliance issues and financial performance challenges amid strict regulatory scrutiny [1][2][7]. Regulatory Penalties - Huaxia Bank was fined a total of 13.65 million yuan for ten violations, including breaches of account management, clearing management, and anti-counterfeit currency regulations [2][4]. - The bank's total penalties for 2025 have exceeded 100 million yuan, significantly surpassing the total for 2024 [7]. Financial Performance - For the first three quarters of 2025, Huaxia Bank reported a revenue of 648.81 billion yuan, a year-on-year decline of 8.79%, and a net profit of 17.98 billion yuan, down 2.86% [7][8]. - The bank's net profit showed signs of recovery in the third quarter, with a year-on-year increase of 7.62% [8]. Income Structure - Investment income for the first three quarters was 12.8 billion yuan, up 3.61%, while fee and commission income rose by 8.33% to 4.69 billion yuan [9]. Asset Quality - As of the end of the third quarter, Huaxia Bank's non-performing loan (NPL) ratio was 1.58%, the highest among nine A-share listed banks, indicating ongoing asset quality concerns [10]. Management Changes - In response to compliance and performance challenges, Huaxia Bank has undergone significant management restructuring, appointing new executives to key positions [11][12].

Summary of Key Points from the Conference Call Industry Overview - **Industry**: China Financials, specifically focusing on manufacturing and infrastructure investments in China [1][5][7] Core Insights and Arguments - **Manufacturing FAI Growth**: There has been a notable slowdown in manufacturing Fixed Asset Investment (FAI) growth, dropping to 2.7% year-over-year (yoy) from 4.0% yoy in the previous month, indicating steady progress on capital expenditure (capex) slowdown [7] - **Liability Growth**: Total liability growth for industrial firms moderated to 5.0% yoy, while manufacturing firms saw a slight increase to 5.9% yoy. This moderation is expected to lead to more rational capacity expansion [2][7] - **Revenue Decline**: Manufacturing revenue declined by 4.3% yoy, attributed to lower production levels due to overcapacity control efforts. The Value-Added Industrial (VAI) growth also slowed to 4.9% yoy from 6.5% yoy in September [3][10] - **Profit Growth**: Manufacturing profit growth moderated to 7.7% yoy from 9.9% yoy in September, influenced by higher financing costs and lower production [10] Future Outlook - **Infrastructure Investment**: A potential increase in infrastructure investments, supported by a new RMB 500 billion fund from the China Development Bank, is expected to bolster demand in 2026 and aid in the digestion of overcapacity risks [8][3] - **Sector Performance**: 77.1% of sectors experienced a slowdown in capex in October 2025 compared to the first half of 2025, while 39.3% of sectors showed profit improvement [9][7] Additional Important Information - **PPI Trends**: The Producer Price Index (PPI) rebounded month-over-month for the first time since December 2024, with the year-over-year decline narrowing to 2.1% [7] - **Investment Sentiment**: The overall sentiment towards the China Financials sector remains attractive, with ongoing efforts in financial tightening contributing to anti-involution measures [5][4] This summary encapsulates the critical insights from the conference call, highlighting the current state and future expectations of the manufacturing and financial sectors in China.

证券日报网讯12月1日，华夏银行（600015）在互动平台回答投资者提问时表示，华银基金不是公司子 公司，公司未收购华银基金。双方将在业务、渠道、投研等方面开展合作，更好促进各自高质量发展。 ...