证券简称：民生银行 A 股代码：600016 优先股简称：民生优 1 优先股代码：360037 编号： 2025-030 中国民生银行股份有限公司 （一）会议召开时间：2025 年 8 月 29 日（星期五）17:00 - 18:00 （二）会议召开方式：电话会议 关于召开 2025 年半年度业绩说明会的公告 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。 重要内容提示： ? 会议召开时间：2025 年 8 月 29 日（星期五）17:00 - 18:00 ? 会议召开方式：电话会议，投资者可以通过拨打电话参加本次业绩说明会。 ? 投资者可于 2025 年 8 月 28 日（星期四）18:00 前将相关问题通过电子邮件 的形式发送至中国民生银行股份有限公司（以下简称"本行"）电子邮箱： cmbc@cmbc.com.cn。本行将于 2025 年半年度业绩说明会（以下简称"业绩 说明会"）上对投资者普遍关注的问题进行回答。 为了便于广大投资者更全面深入地了解本行 2025 年半年度业绩和经营情况，本 行拟于 2025 年 8 月 2 ...

证券简称：民生银行 A 股代码：600016 优先股简称：民生优 1 优先股代码：360037 编号：2025-030 中国民生银行股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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。 重要内容提示： 为了便于广大投资者更全面深入地了解本行 2025 年半年度业绩和经营情况，本 行拟于 2025 年 8 月 29 日 17:00-18:00 召开业绩说明会，就投资者普遍关心的问题进 行交流。 一、业绩说明会类型 本次业绩说明会通过电话会议方式召开，本行将针对 2025 年半年度业绩和经营 情况与投资者进行交流，并对投资者普遍关注的问题进行回答。 二、业绩说明会召开的时间、方式 （一）会议召开时间：2025 年 8 月 29 日（星期五）17:00 - 18:00 （二）会议召开方式：电话会议 会议召开时间：2025 年 8 月 29 日（星期五）17:00 - 18:00 会议召开方式：电话会议，投资者可以通过拨打电话参加本次业绩说明会。 投资者可于 2025 年 8 月 2 ...

Core Viewpoint - The current market is experiencing a bull run, with major indices showing strong performance, yet retail investors are largely absent from this rally, participating at only one-third of their levels during previous market peaks in 2015 and 2022 [4][5][6]. Group 1: Market Performance - The Shanghai Composite Index reached a nearly ten-year high after surpassing 3700 points, indicating a strong bullish sentiment in the market [5]. - Institutional investors, including the "national team," have injected over one trillion yuan into the market, while public funds have seen a resurgence with the emergence of "doubling funds" after three years [5]. - Quantitative funds have also performed well, with an average profit of nearly 2 billion yuan per fund among 36 large quantitative funds [5]. Group 2: Retail Investor Sentiment - Retail investors currently hold over one-third of the market shares and account for 70% of trading volume, yet their participation remains low compared to previous bull markets [6]. - Many retail investors are hesitant to enter the market, with some recounting past experiences of significant losses during previous peaks, leading to a cautious approach despite the current bullish trend [6][11]. - The article highlights various personal stories of retail investors, illustrating their struggles and the psychological barriers they face in the current market environment [7][10][14][19][25]. Group 3: Investment Strategies - Some retail investors have adapted their strategies to focus on risk management and disciplined trading, with a shift towards low-risk investments and diversified portfolios [25][28]. - The importance of maintaining a balanced investment approach is emphasized, with suggestions to allocate only a portion of funds to the stock market to mitigate risks [26][28]. - The article also discusses the need for retail investors to recognize market trends and adjust their strategies accordingly, rather than sticking to outdated methods [16][30].

Core Viewpoint - The article emphasizes the importance of ESG (Environmental, Social, Governance) as a core strategic indicator for measuring long-term corporate value, particularly in the banking sector, which plays a crucial role in sustainable development and green finance [2][3]. ESG Practices of Minsheng Bank - Minsheng Bank has integrated ESG into its five-year strategic plan and has achieved the highest MSCI ESG global rating of AAA, showcasing its commitment to sustainable practices [2][4]. - The bank focuses on three main areas: environmental responsibility, social responsibility, and governance improvement, aligning its operations with global best practices [3][4]. Environmental Initiatives - Minsheng Bank has embedded green and sustainable development strategies into its management, continuously innovating green financial products such as "Farmer Photovoltaic Loans" and "Agricultural Loans" to meet diverse customer needs [6][7]. - The bank is actively exploring carbon finance, providing financing support for carbon reduction projects and offering services like carbon quota pledge loans to enhance corporate participation in carbon markets [7][10]. Social Responsibility Efforts - The bank emphasizes its role as a "bank for private enterprises" and has increased credit support for small and micro enterprises, optimizing approval processes to lower financing costs [8][9]. - Minsheng Bank has initiated various programs to support rural revitalization and enhance financial service accessibility, including community branch expansions and digital banking services [8][9]. Governance Enhancements - The bank has established a dedicated ESG leadership group, led by the chairman, to oversee the implementation of ESG policies and ensure comprehensive integration into corporate governance [4][5]. - Minsheng Bank actively benchmarks against international best practices, enhancing the professionalism and accuracy of its ESG information disclosure [5][6]. Future Directions for ESG Practices - The bank aims to deepen ESG practices across five core dimensions: technology finance, green finance, inclusive finance, pension finance, and digital finance, supporting the achievement of national "dual carbon" goals [13][14]. - Specific initiatives include increasing funding for technology transfer projects, expanding the range of green financial products, and enhancing digital service capabilities to improve customer experience [14][15][16].

Core Viewpoint - The article emphasizes the importance of ESG (Environmental, Social, Governance) as a core strategic indicator for measuring long-term corporate value, particularly in the banking sector, which plays a crucial role in sustainable development and green finance [1] Group 1: ESG Significance and Strategic Value - ESG practices reflect the political and social responsibilities of financial institutions, integrating green and sustainable development strategies into management and expanding green financial product offerings [2] - Establishing a risk management system for ESG-related risks and leveraging digital technology and ESG data to enhance governance capabilities [2] - Achieving recognition in the ESG field through awards, demonstrating the market's acknowledgment of the bank's sustainable development value [2] Group 2: Achievements in ESG Ratings - The bank has received the highest MSCI ESG rating of AAA and has maintained an A rating in Wind ESG for two consecutive years, ranking among the top 10 listed banks in China [3] - The success is attributed to collaborative efforts across the organization, including a strong governance structure that prioritizes ESG [3][4] Group 3: Environmental Initiatives - The bank integrates green and sustainable strategies into all operational aspects, launching innovative green financial products like "Farmer Photovoltaic Loans" and "Agricultural Loans" [5] - It enhances green supply chain financial services to support the entire supply chain's green development [5][6] - The bank actively explores carbon finance, providing financing for carbon reduction projects and offering carbon trading-related financial services [6] Group 4: Social Responsibility - The bank focuses on serving private and small enterprises, increasing credit support and optimizing approval processes to inject financial resources into the real economy [7] - It contributes to rural revitalization through targeted support initiatives and enhances financial service accessibility by optimizing branch layouts and utilizing fintech [7] - The bank has supported over 245 innovative public welfare projects, benefiting more than 374,000 individuals across various sectors [8] Group 5: Future Directions in ESG Practices - The banking industry can deepen ESG practices in five core dimensions: technology finance, green finance, inclusive finance, pension finance, and digital finance [12] - It aims to support the transformation of scientific achievements into market applications and enhance the diversity of green financial products [13][14] - The bank plans to expand inclusive financial services in rural and remote areas, ensuring broader access to financial resources [15] - It will develop a variety of pension financial products to meet diverse customer needs [16] - The bank intends to accelerate digital transformation in financial services, improving efficiency and security through technology [17]

Core Viewpoint - The introduction of a personal consumption loan interest subsidy program by several banks is expected to lower the effective interest rates for borrowers, potentially bringing them down to the "2s" range if the current minimum rate of 3% remains unchanged [1][5]. Group 1: Implementation Details - Banks are finalizing the operational framework for the consumption loan interest subsidy, which will require borrowers to actively apply and authorize banks to access their transaction records [2]. - The subsidy will apply only to identifiable and verifiable consumer expenditures, with specific limits on the amounts eligible for subsidy based on the purpose of the loan [2][3]. - The system for automatic identification of eligible transactions is currently in the final testing phase and is expected to be available in mobile banking applications by September 1 [2][3]. Group 2: Interest Rate Implications - The current minimum interest rate for consumption loans is 3%, and if this rate does not change, the effective interest rate after applying the subsidy could fall below 3% [5]. - The annualized interest rate for the subsidy is set at 1%, with a maximum subsidy cap of 3,000 yuan, which could further reduce the effective borrowing costs for consumers [5]. Group 3: Market Impact and Recommendations - The fiscal subsidy is aimed at stimulating private consumption and expanding credit activities, which may provide dual support for retail lending business in banks [6]. - Analysts suggest that consumers should apply for personal consumption loans through legitimate financial institutions based on actual needs, avoiding excessive borrowing despite attractive rates and subsidies [6].

Core Viewpoint - The introduction of a personal consumption loan interest subsidy program by several banks is expected to lower the effective interest rates for borrowers, potentially bringing them down to the "2s" range if the current minimum rate of 3% remains unchanged [1][5]. Group 1: Implementation Details - Banks are finalizing the operational framework for the consumption loan interest subsidy, which will require borrowers to actively apply and authorize banks to access their transaction records [2]. - The subsidy will apply to identifiable and verifiable consumer expenditures, with different thresholds for daily consumption and larger purchases like cars or renovations [2][3]. - The system for automatic identification of eligible transactions is currently in the final testing phase and is expected to be available in mobile banking by September 1 [2][3]. Group 2: Interest Rate Implications - The current minimum interest rate for consumption loans is 3%, and if this rate does not change, the effective interest rate after applying the subsidy could fall below 3% [5]. - The annualized interest rate for the subsidy is set at 1%, with a maximum subsidy cap of 3,000 yuan, which could significantly reduce the financial burden on borrowers [5]. Group 3: Market Impact and Recommendations - The fiscal subsidy is aimed at stimulating private consumption and expanding credit activities, which may provide dual support for retail lending business in banks [6]. - Analysts suggest that the current weak demand for consumption loans could be bolstered by supportive policies, but caution is advised regarding the compliance and appropriate use of these loans [6].

Core Viewpoint - The issue of counterfeit currency remains a significant threat to economic order and public safety, despite the decline in cash transactions due to economic development and payment innovations [1][2] Group 1: Activities and Initiatives - Minsheng Bank Weifang High-tech Branch has launched a series of diverse promotional activities themed "Counterfeit Currency, Everyone is Responsible" to enhance public awareness and identification skills against counterfeit money [1] - The branch set up a "Counterfeit Currency Experience Station" and a "Genuine vs. Counterfeit RMB Comparison Wall" in community squares, utilizing tools like ultraviolet lights and magnifying glasses to help citizens learn basic identification techniques [1] - An interactive "Counterfeit Currency Identification Challenge" was designed, incorporating games such as puzzles and fill-in-the-blanks to engage participants in learning about counterfeit prevention [1] Group 2: Targeted Strategies - The branch implemented a targeted promotional strategy by opening "Counterfeit Currency Classes" in communities, using local dialects to explain anti-counterfeiting features of RMB, and providing large-print "Anti-Counterfeit Manuals" to the elderly [2] - The bank distributed "Genuine vs. Counterfeit Currency Identification Cards" to local shops and organized professional training for cashiers on the proper use of currency verification machines [2] - A WeChat group was established for financial knowledge dissemination, regularly sharing currency information, anti-counterfeit strategies, and short instructional videos, maximizing the outreach of the campaign [2] Group 3: Outcomes and Future Plans - During the campaign, over 100 promotional materials were distributed, and more than 100 inquiries from the public were addressed, resulting in positive social feedback [2] - Many citizens reported an increased sense of security regarding cash transactions after participating in the activities [2] - The bank plans to continue and institutionalize anti-counterfeit currency efforts, innovating promotional methods to enhance effectiveness and contribute to a safer currency circulation environment [2]

Core Insights - The article highlights the importance of cash exchange services, particularly for damaged or worn-out Renminbi, which directly impacts the daily lives of citizens [1][2][3] - Minsheng Bank's Jinan West City Branch actively promotes cash exchange services to enhance public awareness and accessibility [1][2][3] Group 1: Cash Exchange Awareness - The bank's staff provides detailed explanations about the standards for exchanging damaged Renminbi, including specific criteria for the remaining surface area and clarity of patterns and text [1] - Community outreach efforts include setting up temporary stations to distribute promotional materials and educate residents about cash exchange policies [2] Group 2: Support for Local Businesses - The bank conducts visits to local merchants to understand their needs for small denomination cash, especially during peak shopping periods [3] - Merchants are informed about convenient appointment methods for small denomination cash exchange, ensuring their operational needs are met [3] Group 3: Commitment to Financial Services - The bank aims to enhance public understanding of cash exchange policies through comprehensive promotional activities, demonstrating a commitment to efficient financial services [3] - Future plans include continuous improvement of service measures to make cash exchange more accessible and convenient for the community [3]

Group 1 - The core viewpoint of the article emphasizes the importance of enhancing financial risk awareness and prevention capabilities among new citizens in response to the national initiative against telecom network fraud [1] - The promotional activity organized by Minsheng Bank's Weifang Shouguang branch focused on educating new citizens about financial safety, utilizing various methods such as case analysis and scenario simulations [1] - The event highlighted common fraud tactics, including impersonation scams and false investment schemes, while providing practical guidelines based on the "three no's and one more" principle [1] Group 2 - The promotional activity successfully reached over 60 employees, distributing more than 60 informational materials and addressing over 90 inquiries on-site [2] - Participants reported significant benefits from the event, gaining practical fraud prevention skills and a deeper understanding of the bank's professional services in financial security [2] - Minsheng Bank plans to continue its "Financial Safety into Enterprises" series, aiming to conduct more diverse financial knowledge dissemination activities in the coming months [2]