核查意见 华泰联合证券有限责任公司 关于无锡农村商业银行股份有限公司 首次公开发行部分限售股解禁上市流通的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐机构"） 作为无锡农村商业银行股份有限公司（以下简称"无锡银行"或"公司"）首次 公开发行股票并在主板上市持续督导阶段的保荐机构，根据《证券发行上市保荐 业务管理办法》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律 监管指引第 11 号——持续督导》等有关规定，对无锡银行限售股份持有人持有 的限售股份将上市流通情况进行了认真、审慎的核查，并发表本核查意见，具体 情况如下： 一、公司首次公开发行股票并上市及之后的股本变化情况 经中国证券监督管理委员会证监许可[2016]1550 号文核准，无锡银行向社会 公开发行人民币普通股（A 股）184,811,482 股，发行后股本总额为 1,848,114,814 股，公司股票于 2016 年 9 月 23 日在上海证券交易所上市。 公司股本数量因可转换公司债券转股及非公开发行 A 股股票而发生变化。 经中国证券监督管理委员会证监许可[2017]2381 号文核准，公司于 2018 年 ...

证券代码：600908 证券简称：无锡银行 公告编号：2024-032 无锡农村商业银行股份有限公司 首次公开发行限售股上市流通公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 债"转股期为2018年8月6日至2024年1月30日。截至2024年1月30日，因"无锡转债" 转换成公司股票导致公司总股本增加57,131,282股。 经中国证券监督管理委员会《关于核准无锡农村商业银行股份有限公司非公 开发行股票的批复》（证监许可〔2022〕1565号）核准，公司于2022年12月非公开 发行A股股票普通股289,435,599股，并于2023年2月2日在中国证券登记结算有限 责任公司上海分公司办理股份登记及股份限售手续，导致公司总股本增加 289,435,599股。 综上，公司总股本增加至2,194,681,695股。 本次股票上市类型为首发股份；股票认购方式为网下，上市股数为 89,068,391 股。 本次股票上市流通总数为 89,068,391 股。 本次股票上市流通日期为 2024 年 9 月 23 ...

证券代码：600908 证券简称：无锡银行 公告编号：2024-033 无锡农村商业银行股份有限公司 关于召开 2024 年半年度业绩说明会的公告 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。 重要内容提示： 会议召开时间：2024 年 10 月 10 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 投资者可于 2024 年 9 月 26 日（星期四）至 10 月 9 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。 本次投资者说明会以网络互动形式召开，公司将针对 2024 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 ...

Investment Rating - The investment rating for the company is "Neutral" [3][6]. Core Views - The company's revenue growth has rebounded in the first half of the year, achieving a revenue of 2.557 billion yuan (YoY, +6.53%) and a net profit attributable to shareholders of 1.332 billion yuan (YoY, +8.25%) [1]. - The company maintains a strong asset quality with a non-performing loan ratio of 0.79% and a provision coverage ratio of 502.36% [1]. - The company is expected to have stable earnings growth, with projected net profits for 2024-2026 at 2.399 billion yuan, 2.590 billion yuan, and 2.806 billion yuan, corresponding to YoY growth rates of 9.0%, 8.0%, and 8.3% respectively [1][4]. Financial Performance Summary - In the first half of the year, total assets grew by 10.06% year-on-year to 250.1 billion yuan, with loans increasing by 10.82% to 152.6 billion yuan [1]. - The annualized weighted average ROE for the first half was 13.11%, a decrease of 0.27 percentage points year-on-year [1]. - The net interest margin was reported at 1.51%, a decline of 15 basis points year-on-year, leading to a slight decrease in net interest income by 2.19% to 1.690 billion yuan [1][4]. Earnings Forecast and Valuation - The diluted EPS is projected to be 1.12 yuan, 1.20 yuan, and 1.30 yuan for 2024, 2025, and 2026 respectively [2][4]. - The current stock price corresponds to a PE ratio of 4.6, 4.3, and 4.0 for the years 2024, 2025, and 2026, and a PB ratio of 0.53, 0.48, and 0.44 respectively [1][4].

Revenue and Profit Growth - Revenue for the first half of 2024 increased by 6.53% to RMB 2,557,139 thousand compared to the same period last year[13] - Net profit attributable to shareholders of the company rose by 8.25% to RMB 1,332,364 thousand year-on-year[13] - The company achieved operating income of 2.557 billion yuan, a year-on-year increase of 6.53%, and net profit attributable to shareholders of 1.332 billion yuan, a year-on-year increase of 8.25%[25][28] - Net profit attributable to parent company shareholders increased by 8.25% to 1,332,364 thousand yuan in the first half of 2024 compared to the same period in 2023[47] - Net profit attributable to the parent company's shareholders for the first half of 2024 was 1,332,364 thousand yuan, up from 1,230,876 thousand yuan in 2023[113] - Total operating revenue for the first half of 2024 reached 2,557,139 thousand yuan, an increase from 2,400,460 thousand yuan in the same period last year[113] Asset and Liability Growth - Total assets grew by 6.46% to RMB 250,127,228 thousand compared to the end of the previous year[13] - Total liabilities grew by 6.33% to RMB 227,279,134 thousand compared to the end of 2023[15] - Total assets reached 172,762,763 thousand RMB, an increase of 7.63%[16] - Total assets increased to 250,127,228 from 234,956,165, reflecting a growth of 6.5%[109] - Total liabilities increased to 227,279,134 from 213,756,652, up by 6.3%[109] - The company's total assets reached 250.127 billion yuan, an increase of 6.46% compared to the beginning of the year[28] Deposit and Loan Growth - Total deposits increased by 8.20% to RMB 210,038,240 thousand compared to the end of 2023[15] - Total loans rose by 6.72% to RMB 152,647,248 thousand compared to the end of 2023[15] - Total deposits reached 210.038 billion yuan, an increase of 15.91 billion yuan (8.20%) compared to the beginning of the year, with savings deposits growing by 16.45 billion yuan (14.77%)[25] - Total loans amounted to 152.647 billion yuan, an increase of 9.61 billion yuan (6.72%) compared to the beginning of the year[25] - Deposits from customers rose by 7.44% to 214,714,073 thousand RMB, making up 93.48% of total liabilities[32] - Total loans and advances amounted to 152,647,248 thousand yuan, with a 6.72% increase compared to the previous period[191] Capital Adequacy and Risk Management - Capital adequacy ratio decreased by 0.24 percentage points to 14.17%[16] - Core tier 1 capital adequacy ratio increased by 0.24 percentage points to 11.51%[16] - Non-performing loan ratio remained stable at 0.79%[17] - Provision coverage ratio decreased by 20.21 percentage points to 502.36%[17] - The non-performing loan ratio remained at a low level of 0.79%, with a provision coverage ratio of 502.36%[28] - The provision for loan losses increased by 3.35% to RMB 6,070,233 thousand compared to the end of 2023[15] - The loan loss provision increased from 5,873,709 thousand RMB to 6,070,233 thousand RMB, reflecting a higher level of expected credit losses[189] Cash Flow and Liquidity - Operating cash flow surged by 49.63% to RMB 5,011,237 thousand year-on-year[13] - Net cash flow from operating activities rose to 5,011,237 thousand yuan in the first half of 2024, up from 3,349,154 thousand yuan in the same period of 2023[57] - Net cash flow from operating activities reached 5.01 billion, a 49.6% increase from 3.35 billion in the first half of 2023[118] - Parent company's net cash flow from operating activities was 4.71 billion, a 39.6% increase from 3.37 billion in the same period last year[120] - Net cash flow from investing activities turned positive at 3,469,824 thousand yuan in the first half of 2024, compared to -5,295,042 thousand yuan in the first half of 2023[57] - Net cash flow from investing activities was 3.47 billion, a significant improvement from -5.30 billion in the same period last year[118] Investment and Financial Assets - Investment income surged to 649,060 thousand RMB, representing 13.08% of total revenue, a significant increase from 339,692 thousand RMB (7.38%) in the previous year[30] - Investment income for the first half of 2024 surged to 649,060 thousand yuan, compared to 339,692 thousand yuan in the same period last year[113] - Trading financial assets grew by 21.84% to 10,300,423 thousand RMB, representing 4.12% of total assets[34] - Other debt investments increased by 15.25% to 22,891,219 thousand RMB, accounting for 9.15% of total assets[34] - The fair value of financial assets classified as measured at fair value through profit or loss was 10,300,423 thousand yuan, with public funds making up the largest portion at 9,396,750 thousand yuan[197] - Total debt investment decreased from 45,914,383 thousand RMB to 39,719,403 thousand RMB, a reduction of 13.5%[198] Regional and Sector Performance - Regional GDP in Wuxi grew by 5.9% to 7437.39 billion RMB[22] - Total deposits in Wuxi increased by 7.1% to 28598.26 billion RMB[22] - Total loans in Wuxi increased by 12.7% to 24461.09 billion RMB[22] - Wuxi region held the largest share of loans and advances at 78.23%, totaling 119,409,215 thousand yuan[192] - Manufacturing loans increased to 29,667,814 thousand yuan, accounting for 19.44% of total loans, up from 28,562,682 thousand yuan (19.97%) at the end of 2023[36] - The construction sector accounted for 7,074,049 thousand yuan, representing 4.63% of total loans and advances[191] Shareholder and Equity Information - Total equity increased to 22,848,094 thousand yuan as of June 2024, up from 21,199,513 thousand yuan at the beginning of the year[58] - Total owner's equity increased by 1,648,581 thousand RMB in the first half of 2024, reaching 22,848,094 thousand RMB[122][123] - Comprehensive income for the first half of 2024 was 1,453,930 thousand RMB, with net profit attributable to parent company owners increasing by 1,332,364 thousand RMB[122] - Capital reserve increased by 682,236 thousand RMB in the first half of 2024, reaching 3,418,619 thousand RMB[122][123] - Undistributed profits grew by 1,308,364 thousand RMB in the first half of 2024, reaching 4,668,609 thousand RMB[122][123] - Minority shareholders' equity decreased by 13,694 thousand RMB in the first half of 2024, standing at 129,806 thousand RMB[122][123] Corporate Governance and Compliance - The company held its 2023 Annual General Meeting on May 10, 2024, with resolutions including the 2023 Board of Directors Work Report, 2023 Financial Budget Report, and 2023 Profit Distribution Plan[66] - Independent directors Liu Yiping and Bao Kewei resigned from their positions[67] - No profit distribution or capital reserve conversion plan was proposed for the first half of 2024[68] - The company updated its environmental information disclosure framework and improved environmental benefit calculation data to ensure consistency across reporting periods[69] - The company implemented a "green credit" policy, with a CO2 emission reduction of 20,463.79 tons from financing activities in the previous year[71] - The company launched a "Huinong Loan" product, issuing 1,045 loans totaling 4.27 billion yuan to 288 new agricultural business entities by the end of June 2024[72] Financial Instruments and Risk Management - The company uses an expected credit loss model to assess impairment of financial instruments, considering factors such as historical repayment data, economic policies, macroeconomic indicators, and industry risks[145] - Financial instruments are categorized into three stages based on credit risk: Stage 1 (no significant increase in credit risk), Stage 2 (significant increase in credit risk but not credit-impaired), and Stage 3 (credit-impaired). Loss provisions are measured accordingly[146] - The company's expected credit loss for deposits with other banks was RMB 4.008 million, all classified in Stage 1 (12-month expected credit loss)[181] - The expected credit loss for the next 12 months increased from 3,399 thousand RMB to 4,008 thousand RMB, with a provision of 609 thousand RMB during the period[182] - Total expected credit loss provisions for debt investments are 597,043 thousand RMB, with 528,243 thousand RMB in Stage 1 and 68,800 thousand RMB in Stage 2[199] Other Financial Metrics - Diluted earnings per share increased by 27.66% to RMB 0.60 compared to the same period last year[14] - Weighted average return on equity (ROE) decreased slightly by 0.27 percentage points to 13.11%[14] - Net interest margin decreased by 0.15 percentage points to 1.51%[17] - Basic earnings per share for the first half of 2024 were 0.60 yuan, up from 0.56 yuan in 2023[115] - Diluted earnings per share for the first half of 2024 were 0.60 yuan, compared to 0.47 yuan in the same period last year[115] - Other comprehensive income that can be reclassified to profit or loss for the first half of 2024 was 118,703 thousand yuan, up from 93,918 thousand yuan in 2023[115]

证券代码：600908 证券简称：无锡银行 公告编号：2024-030 无锡农村商业银行股份有限公司 第七届董事会第一次会议决议公告 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。 无锡农村商业银行股份有限公司（以下简称"本行"或"公司"）第七 届董事会第一次会议于2024年8月28日下午在无锡农村商业银行（无锡市金融 二街9号）1208会议室召开，会议通知已于2024年8月16日向全体董事发出。 经过半数董事共同推举，本次会议由董事、行长陈红梅女士主持，会议应到 15人，实到15人，因部分董事任职资格尚需向监管部门报告或报批，本次会 议有表决权董事为12人，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.关于选举第七届董事会董事长的议案 选举陶畅先生为本行第七届董事会董事长，任期与第七届董事会一致。 陶畅先生，1969年9月出生，中国国籍，中共党员，本科学历，助理经济 师职称。曾任东北塘信用社副主任、主任，松鹤信用 ...

第一章 总则 第一条 为加强对无锡农村商业银行股份有限公司（以下简称 "本行"）董 事、监事和高级管理人员持有公司股份及其变动的管理，根据《公司法》《证券 法》、证监会《上市公司董事、监事和高级管理人员所持本公司股份及其变动管 理规则》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管 指引第15号——股东及董事、监事、高级管理人员减持股份》《上海证券交易所 上市公司自律监管指引第8号——股份变动管理》等相关法律、法规、规章及其 他规范性文件，并依据本行《章程》，制定本办法。 无锡农村商业银行股份有限公司 董事、监事和高级管理人员持有及变动本行股份管理办法 第二条 本办法所称董事、监事和高级管理人员所持本行股份，是指登记在 其名下的所有本行股份，在从事融资融券交易的情况下，还包括登记在其信用账 户内的本行股份。 第二章 职责与权限 第三条 董事会办公室 （一）负责管理本行董事、监事、高级管理人员的身份及所持本行股份的数 据和信息，接受以上人员的委托，统一办理个人信息的网上申报。 （二）负责将董事、监事和高级管理人员的股票及衍生品种买卖计划报上海 证券交易所备案。 （三）负责在接到董事、监事和高级管 ...

江苏世纪同仁律师事务所关于 1.本次股东大会由公司董事会召集。 2024年8月6日,公司在上海证券交易所网站(www.sse.com.cn)和《中国 证券报》《上海证券报》《证券时报》刊登了《无锡农村商业银行股份有限公司关 于召开 2024 年第一次临时股东大会的通知》。 上述会议通知中载明了本次股东大会的召开时间、地点、会议审议事项、会 议出席对象和会议登记方法等内容,还提供了网络投票方式,载明了参与网络投 票的投票程序等内容。 无锡农村商业银行股份有限公司 2024年第一次临时股东大会的 法 律 意 见 书 致:无锡农村商业银行股份有限公司 根据《中华人民共和国公司法》等法律、法规和规范性文件以及公司《章程》 的规定,本所受公司的委托,指派本所律师出席公司 2024年第一次临时股东大会, 并就本次股东大会的召集、召开程序、出席会议人员资格、表决程序以及表决结 果的合法有效性等事项出具法律意见书。 为出具本法律意见书,本所律师对本次股东大会所涉及的有关事项进行了审 查,查阅了相关会议文件,并对有关问题进行了必要的核查和验证。 本所律师根据相关法律、法规和规范性文件的要求,按照律师行业公认的业 务标准、道德规 ...

无锡农村商业银行股份有限公司 2024 年第一次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 证券代码：600908 证券简称：无锡银行 公告编号：2024-028 一、 会议召开和出席情况 (一)股东大会召开的时间：2024 年 8 月 21 日 (二)股东大会召开的地点：无锡市金融二街 9 号无锡农村商业银行三楼第一会议 室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 185 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 987,753,085 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 45.0066 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由无锡农村商业银行股份有限公司董事会召集，由董事、行长 陈红梅女士主持，本次会议的召集、召开及表决方式均符合 ...

关于选举第七届监事会职工监事的公告 本公司监事会及全体监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"公司"）于2024年8月16日召 开第四届工会会员（职工）代表大会第四次会议，选举王峰先生、吴国荣先生、 柳召彬先生为公司第七届监事会职工监事，简历附后，任期与第七届监事会股东 监事和外部监事一致。本次会议的召开符合《公司法》等法律法规和公司章程的 规定。 特此公告。 无锡农村商业银行股份有限公司监事会 证券代码：600908 证券简称：无锡银行 公告编号：2024-027 无锡农村商业银行股份有限公司 附件： 无锡农村商业银行股份有限公司第七届监事会职工监事简历 王峰先生，1972 年 12 月出生，中共党员，本科学历，硕士学位，高级工程 师职称。曾任江苏江阴澄兴磷集团技术员，南京亿立电脑科技有限公司计算机软 件程序员，江阴市农村信用合作联社电脑科技术员、科长助理，江阴农村商业银 行电脑科副科长、科技信息部副经理、科技信息部副经理(经理级)、科技信息部 副总经理(总经理级)、科技开发部总经理，江阴农村商 ...