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。 重要内容提示： 会议召开时间：2024 年 5 月 16 日（星期四）下午 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 证券代码：600908 证券简称：无锡银行 公告编号：2024-017 无锡农村商业银行股份有限公司关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告 三、参加人员 投资者可于 2024 年 5 月 9 日（星期四）至 5 月 15 日（星期 三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱（contact@wrcb.com.cn）进行提问。公司将在说明会 上对投资者普遍关注的问题进行回答。 无锡农村商业银行股份有限公司（以下简称"公司"）已于 2024 年 3 月 30 日发布了 2023 年年度报告，2024 年 4 月 27 日发布了 2024 年第一季度报告，为便于广大投资者更全面深 ...

2.关于收购泰州姜堰锡州村镇银行股份有限公司部分股东股份的议案； 证券代码：600908 证券简称：无锡银行 公告编号：2024-015 无锡农村商业银行股份有限公司 第六届董事会第十三次会议决议公告 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。 无锡农村商业银行股份有限公司（以下简称"本行"或"公司"）第六 届董事会第十三次会议于2024年4月25日上午在东海县青松岭酒店（连云港市 东海县李埝林场场部）会议室召开，会议通知已于2024年4月12日向全体董事 发出。本次会议由董事长邵辉先生主持，会议应到15人，实到14人，董事孙 志强先生因事请假，书面授权委托董事邵乐平先生行使表决权。部分监事及 高级管理人员列席。本次会议的召集、召开程序符合《中华人民共和国公司 法》及《无锡农村商业银行股份有限公司章程》的规定。本次会议审议并表 决通过了： 1.关于2024年第一季度报告的议案； 赞成15票；反对0票；弃权0票。 请详见本公司同日于上海证券交易所网站（www.sse.com.cn）发布的相 关内容。 赞成15票；反对0票；弃 ...

无锡农村商业银行股份有限公司 Wuxi Rural Commercial Bank Co., Ltd 2023 年年度股东大会会议材料 （证券代码：600908） | | | | 2023 | 年年度股东大会会议议程 1 | | --- | --- | | 2023 | 年年度股东大会会议须知 3 | | 议案一、2023 | 年度董事会工作报告 6 | | 议案二、2023 | 年度监事会工作报告 18 | | 议案三、2023 | 年度监事会对董事会及董事履职情况的评价报告 28 | | 议案四、2023 | 年度监事会对高级管理层及其成员履职情况的评价报告38 | | 议案五、2023 | 年度监事会对监事履职情况的评价报告 46 | | 议案六、关于 | 2023 年年度报告及摘要的议案 53 | | 议案七、关于 | 2023 年度财务决算暨 2024 年度财务预算报告的议案 54 | | 议案八、关于 | 年度利润分配方案的议案 2023 59 | | 议案九、关于续聘会计师事务所的议案 | 61 | | 议案十、关于部分关联方 | 2024 年度日常关联交易预计额度的议案 66 | | 议案十一 ...

Investment Rating - The investment rating for Wuxi Bank is "Outperform the Market" [2][4]. Core Views - In 2023, Wuxi Bank's revenue grew by 1.28% year-on-year, while net profit attributable to shareholders increased by 9.96%. The bank's revenue growth has rebounded, customer coverage has expanded, and risk levels remain low, justifying the "Outperform the Market" rating [3]. - The bank's net interest margin decreased by 2 basis points to 1.64% compared to the first half of 2023, but the growth in non-interest income, particularly from investment income, contributed positively to revenue [3]. - Wuxi Bank has deepened its focus on inclusive finance, with a 25.39% increase in the number of credit customers, totaling an increase of 23,300 customers. The total loan balance grew by 11.2% year-on-year, with inclusive loans increasing by 25.15% [3]. - The overall risk remains low, with a non-performing loan ratio of 0.79% at the end of 2023, slightly up by 1 basis point from the previous quarter. The proportion of special mention loans decreased to 0.42% [3]. Financial Performance Summary - Revenue (in million yuan): 2022: 4480, 2023: 4538, 2024E: 4517, 2025E: 4785, 2026E: 5210 [6]. - Net profit (in million yuan): 2022: 2001, 2023: 2200, 2024E: 2362, 2025E: 2476, 2026E: 2597 [6]. - The average return on equity (ROE) is projected to be 12.45% in 2023, decreasing to 11.00% by 2026 [6]. - The bank's earnings per share (EPS) are forecasted to be 1.03, 1.08, and 1.14 yuan for 2024, 2025, and 2026 respectively [4][6]. Valuation Metrics - The reasonable value range for Wuxi Bank is estimated between 5.91 and 6.55 yuan, with a corresponding price-to-earnings (PE) ratio of 5.73 to 6.35 for 2024 [4]. - The bank's price-to-book (PB) ratio for 2024E is projected at 0.70 times, compared to a peer average of 0.54 times [4].

Investment Rating - The report maintains a "Buy" rating for Wuxi Bank (600908.SH) [11] Core Views - Wuxi Bank's revenue for 2023 reached 4.54 billion, a year-on-year increase of 1.3%, while net profit attributable to shareholders was 2.2 billion, up 10% year-on-year [1][2] - The bank's return on average equity (ROAE) was 11.48%, a decrease of 1.5 percentage points compared to the previous year [1] - The bank is focusing on digital transformation and retail business, with a strategic emphasis on supporting small and micro enterprises and technological innovation [5] Revenue and Profitability - Revenue growth accelerated, but profit growth slightly slowed, with year-on-year growth rates for revenue, pre-provision profit, and net profit at 1.3%, -0.6%, and 10%, respectively [2] - Net interest income decreased by 0.8%, while non-interest income increased by 8.5% [2] - The bank's net interest margin (NIM) narrowed to 1.64%, down 2 basis points from the first half of the year [3] Asset and Loan Growth - Total assets, interest-earning assets, and loans grew by 11%, 10.9%, and 11.2% year-on-year, respectively [3] - In Q4, new loans amounted to 1.9 billion, with corporate loans showing strong growth while retail loans declined [3] - The bank's loan structure highlighted a significant increase in corporate loans, particularly in manufacturing and leasing services [3] Deposit Trends - Deposit growth slowed, with total liabilities and deposits increasing by 11.3% and 12.4% year-on-year, respectively [3] - The trend towards term deposits continued, with average balances for term deposits increasing by 16% year-on-year [3] Non-Interest Income - Non-interest income for the year was 1.08 billion, representing an 8.5% increase year-on-year, with investment income contributing significantly [4] - Fee and commission income decreased by 42%, while net other non-interest income increased by 23.4% [4] Capital Adequacy and Shareholder Confidence - The bank's capital adequacy ratios improved, with core tier 1, tier 1, and total capital adequacy ratios at 11.3%, 12.5%, and 14.4%, respectively [16] - Shareholder confidence was demonstrated by significant share purchases by major shareholders, indicating recognition of the bank's value [16] Earnings Forecast and Valuation - EPS forecasts for 2024-2026 have been adjusted to 1.08, 1.16, and 1.26 yuan, respectively, with corresponding price-to-earnings (P/E) ratios of 4.77, 4.43, and 4.07 [5][17] - The current stock price corresponds to a price-to-book (P/B) ratio of 0.54, 0.49, and 0.45 for the respective years [5][17]

无锡银行深耕本地，当地较好的经济基础为公司普惠业务转型提供有力支撑，普 惠贷款投放有望保持较快增长；净息差韧性足，负债端积极调整存款结构，成本 有望进一步降低；金融投资实力扎实，其他非息收入保持较高增速；资产质量优 异，不良率低位运行，拨备安全垫厚实。预计 24-26 年 EPS 分别为 1.10 元、 1.19 元和 1.29 元，2024 年 3 月 29 日收盘价对应 0.5 倍 24 年 PB，维持"推 荐"评级。 ➢ 风险提示：宏观经济增速下行；资产质量恶化；行业净息差下行超预期。 图 5：无锡银行截至 2023 年总负债、存款同比增速 资料来源：公司公告，民生证券研究院 0% 5% 10% 15% 20% 1Q191H193Q1920191Q201H203Q2020201Q211H213Q2120211Q221H223Q2220221Q231H233Q232023 总负债 存款总额 ROAE 12.4% 12.2% 11.9% 11.8% 总股本(亿元) 21.5 21.5 21.5 21.5 无锡银行(600908)/银行 [盈利预测与财务指标 Table_Forcast] 本公司具备证券投资咨 ...

Capital and Financial Performance - The net capital of Wuxi Rural Commercial Bank reached CNY 23,128,874 thousand at the end of 2023, an increase of 4.3% compared to CNY 22,174,741 thousand in 2022[31]. - The core Tier 1 capital increased by 9.6% to CNY 19,099,179 thousand in 2023 from CNY 17,425,623 thousand in 2022[31]. - The total risk-weighted assets amounted to CNY 160,510,868 thousand, reflecting a growth of 6.75% from CNY 150,359,091 thousand in the previous year[31]. - The capital adequacy ratio decreased to 14.41% in 2023, down by 0.34 percentage points from 14.75% in 2022[31]. - The Tier 1 capital adequacy ratio improved to 12.52%, an increase of 0.22 percentage points compared to 12.30% in 2022[31]. - Basic earnings per share for 2023 was CNY 0.98, a decrease of 3.92% compared to CNY 1.02 in 2022[49]. - Net profit attributable to shareholders for 2023 reached CNY 2,200,488, an increase of 9.96% from CNY 2,001,129 in 2022[56]. - Total assets as of the end of 2023 were CNY 234,956,165, reflecting an 11.04% increase from CNY 211,603,401 in 2022[57]. - Total liabilities at the end of 2023 were CNY 213,756,652, an increase of 11.28% from CNY 192,083,292 in 2022[57]. - Total shareholder equity increased by 2,786,027 thousand RMB, reaching 21,199,513 thousand RMB at the end of the period[119]. Risk Management - The bank has effectively managed various operational risks, including credit risk, market risk, liquidity risk, and operational risk[18]. - The company emphasizes the importance of credit risk management, maintaining sufficient risk provisions, and controlling non-performing loan growth to enhance asset quality[98]. - The company has established a comprehensive risk management framework to address credit, operational, and liquidity risks effectively[98][101]. - The company recognizes the need for continuous improvement in risk management practices to align with business growth and capital levels[98]. - The company emphasizes a focus on liquidity risk management and will only use cash flow tools in extreme situations[2023.4.26]. Revenue and Income - Operating income for 2023 was CNY 4,537,523, representing a 1.28% increase from CNY 4,480,307 in 2022[56]. - The total interest income for 2023 was 8,218,408 thousand RMB, an increase from 7,908,494 thousand RMB in 2022[84]. - Net interest income for 2023 was reported at 3,460,636 thousand RMB, slightly down from 3,487,981 thousand RMB in 2022[84]. - The company’s investment income totaled 705,148 thousand RMB in 2023, compared to 632,608 thousand RMB in 2022, indicating a positive trend[86]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan, representing a 20% year-over-year growth[139]. Shareholder and Governance - The company plans to distribute a cash dividend of CNY 2 per 10 shares (including tax) based on the total share capital as of the equity distribution registration date[17]. - The governance structure has been improved to enhance decision-making, execution, and supervision mechanisms, promoting sustainable development and shareholder value[103]. - The board of directors has set up various committees to oversee strategic development, risk control, and financial management, ensuring effective governance[103]. - The company is committed to transparency and accountability in its financial reporting and governance practices[170]. - The company has established various specialized committees, including the Audit Committee and the Consumer Rights Protection Committee, with members from the board[174]. Future Outlook and Strategic Initiatives - The company aims to achieve high-quality development in 2024, marking the 75th anniversary of its establishment and a key year for completing the "14th Five-Year Plan" objectives[96]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[141]. - The company plans to enhance its compliance department to mitigate risks associated with regulatory changes[147]. - The company is focused on maintaining a stable operational strategy in response to rapidly changing financial and economic conditions[155]. - The company plans to issue up to 320.5 million A-shares, raising a total of no more than RMB 2 billion[180]. Employee and Operational Efficiency - Employee expenses increased to 813,652 thousand RMB in 2023 from 763,455 thousand RMB in 2022, reflecting a rise in operational costs[87]. - The company is investing 100 million yuan in research and development for new technologies[145]. - The company aims to improve operational efficiency, targeting a 5% reduction in costs through streamlined processes[165]. - Customer satisfaction scores have improved by 15%, reflecting the effectiveness of recent service enhancements[165]. Market Presence and Expansion - The company is expanding its market presence, targeting a 10% increase in market share in the next year[143]. - A strategic acquisition was announced, which is expected to enhance operational efficiency and add 200 million yuan in annual revenue[144]. - The company is exploring new strategic partnerships to leverage synergies and expand its service capabilities[165].

1. 审计机构及人员情况 信永中和成立于 1986年,于 2012年度由有限责任公司成功 转制为特殊普通合伙制事务所,注册地址为北京市东城区朝阳门 | 转刺为符殊普进合伙刺争分析,注册地址为北京中东城区朝阳 | | --- | | 北大街８号富华大厦A座８层,首席合伙人为谭小青先生。信永 | | 中和拥有财政部颁发的会计师事务所执业证书,2010年成为首 | | 批获准从事 H 股企业审计业务的会计师事务所,新证券法实施前 | | 具有证券、期货业务许可证,2020年在财政部完成从事证券服 | | 务业务会计师事务所备案。 | | 截止 2023年12月 31日,信永中和合伙人(股东)245人, | 无锡农村商业银行股份有限公司关于 2023 年度会计师事务所履职情况的评估报告 根据《国有企业、上市公司选聘会计师事务所管理办法》《银 行业金融机构外部审计监管指引》等规定的相关要求,无锡农村 商业银行股份有限公司(以下简称"公司")对外部审计机构信 永中和会计师事务所(特殊普通合伙)(以下简称"信永中和") 2023年度的履行职责情况进行了评估,具体如下: 一、信永中和基本情况 注册会计师 1656 人。签署过 ...

无锡农村商业银行股份有限公司 2023 年度 审计报告 | 索引 | | 页码 | | --- | --- | --- | | 审计报告 | | 1-5 | | 公司财务报表 | | | | — | 合并资产负债表 | 6 | | — | 母公司资产负债表 | 7 | | — | 合并利润表 | 8 | | — | 母公司利润表 | 9 | | — | 合并现金流量表 | 10 | | — | 母公司现金流量表 | 11 | | — | 合并股东权益变动表 | 12-13 | | — | 母公司股东权益变动表 | 14-15 | | — | 财务报表附注 | 16-165 | [事务所| 北京市东城区朝阳门北大街 8 号富华大厦 A 座 9 层 certified public accountants | 100027, P.R. China 9/F. Block A. Fu Hua Ma No.8. Chaovangmen Be Donachena District. B 审计报告 XYZH/2024NTAA2B0001 无锡农村商业银行股份有限公司 无锡农村商业银行股份有限公司全体股东: 一、审计意见 我 ...

无锡农村商业银行股份有限公司 联系电话: +86 (010) 6554 2288 信永中和会计师事务所 北京市东城区朝阳门北大街 telephone: +86 (010) 6554 2288 8 号富华大厦 A 座 9 层 9/F. Block A Fu Hua Mansion No.8 Chaovanomen Beidaiie ShineWing Dongcheng District, Beijing 86 (010) 6554 7190 certified public accountants | 100027 P. R. China +86 (010) 6554 7190 募集资金年度存放与使用情况鉴证报告 XYZH/2024NJAA2F0004 无锡农村商业银行股份有限公司 无锡农村商业银行股份有限公司全体股东: 2023 年度 募集资金年度存放与使用情况鉴证报告 | 索引 | 页码 | | --- | --- | | 鉴证报告 | 1-2 | | 关于募集资金 2023 年度存放与使用情况的专项报告 | 1-6 | (本页无正文) 信永中 通合伙） 中国注册会计师: 中国注册会计师: 中国 北京 二 ...