"跟着苏超去狂欢"第六期活动将在8月18日震撼登场，江苏银行继续为消费领域注入强劲活力！本期"演 艺欢乐场"活动继续放送50元无门槛电影兑换券，江苏银行带你盘一盘暑期热门观影指南！ 即刻登录江苏银行App，点击进入首页顶部"跟着苏超去狂欢"专区，解锁全场景福利，抽取千万消费 券，畅享快乐好生活，让"苏超"热情与消费活力共同燃爆这个夏天！ 爱看舞台剧的也有福啦！苏州狮山大剧院《永和九年》半价券也在"观剧"专区上线咯！快动动手指来抢 票吧！ 成年人必看喜剧，江苏银行懂生活，更懂你！ 《长安的荔枝》——看似是唐朝的故事，但处处影射当今职场，让成年人高度共情、啼笑皆非的高口碑 大片！ 《奇遇》——"社畜"重返18岁，手握未来剧本，开启松弛人生，这是多少成年人想要祛除"班味"的人生 幻想！ 江苏银行送票，邀你一起支持国漫！ 《浪浪山小妖怪》——暑期必看合家欢！上海美术电影制片厂国风动画美学！江苏银行带你和小妖怪一 起闯出浪浪山，欢乐过暑假！ 《罗小黑战记2》——高燃制作，口碑爆棚！江苏银行带你跟随罗小黑开启一场奇幻冒险！ ...

Group 1 - Jiangsu Bank is actively fulfilling its social responsibility by launching the "Follow the Super League to Celebrate" campaign, which integrates financial services with sports and consumer activities to stimulate regional economic growth [1] - The campaign offers a variety of benefits, including tickets to popular amusement parks such as Shanghai Disneyland and Beijing Universal Studios, enhancing customer engagement and experience [1] - The initiative includes promotional items related to the Super League, such as official jerseys and fun football accessories, aimed at increasing customer interaction and brand loyalty [1] Group 2 - Jiangsu Bank has introduced a "Cool Summer Drinks" section in its app, featuring popular beverage brands, enhancing customer lifestyle offerings [2] - Users can participate in weekly draws across six categories, including leisure, theater, and shopping, providing multiple engagement opportunities [2] - The campaign encourages users to explore various benefits and promotions, fostering a vibrant community around the Super League and related activities [2]

头部城商行是银行中业绩增长最快的群体，从 2019年到2024年的5年间，增速最快的7家上市银行里有6家是城商行。 不过，今年城商行一反常态，罕见拖了银行板块的后腿。一季度，上市城商行同比增速环比下降了3.6个百分点，在上市银行板块中增速下降最大。在降 速趋势下，头部城商行也未能幸免。 前几年以成长性著称的成都银行、江苏银行、杭州银行、长沙银行都有明显降速。尤其是杭州银行，一季度，其营收同比增长2.2%，与之前五年复合增 长率（12.4%）相差较多。 为什么头部城商行都在降速？ 1 业绩、压力与潜力 城商行作为地方金融体系的重要组成部分，其发展状况不仅关乎自身的盈利能力，也影响着地方经济的稳定与增长。 然而，在追求增长的过程中，城商行面临的合规管理压力也不容忽视。2024年以来，金融监管趋严，多家城商行因信贷管理不审慎、资金空转、存款数据 造假等问题收到罚单，合规挑战成为影响其可持续发展的重要因素。 图：头部城商行营收增速变化 今年一季度，20家上市城商行有16家同比增速下降。其中，不乏长沙银行、江苏银行、杭州银行、成都银行等以成长性著称的头部城商行。 以杭州银行为例，其属地居民富裕、存款多，但产业机构中有大 ...

江南时报讯 近日，"苏超"赛事热度一路狂飙，作为全国系统重要性银行和"苏超"主冠名商，江苏银行 始终秉持"金融为民"的初心使命，积极响应国家提振消费政策号召，打造"跟着苏超去狂欢"主题活动， 在消费领域催生了强劲活力。7月28日第三期活动正式上线，商户再扩容、福利更升级，在"乐动、旅 游、畅饮、出行"四大专区的基础上，全新增加"赢球"和"嗨购"两大专区，海量福利扎堆送，江苏银行 与你共享"苏超"惊喜！ "赢球"专区：把"苏超"带回家！ 登录江苏银行App，点击进入首页顶部"跟着苏超去狂欢"专区即可参与活动。活动期间，参与客户每周 可在"乐动、赢球、嗨购、旅游、畅饮、出行"6个品类专区各抽奖1次（共6次机会），或者进入江苏银 行App"足球联赛专区"，点击底部"更多福利"参加。江苏银行邀请您一起在"苏超"热潮中尽情狂欢！ 本期全新上线苏州狮山大剧院儿童剧门票及半价券、喜马拉雅儿童会员7天体验卡、开心麻花南京老门 东场300元观剧票及50元优惠券、随喜微生活50元电影优惠券。 "旅游"专区：说走就走的观赛之旅再添助力！携手莫愁文旅品牌推出"金陵畅玩季"活动，门票直降88折 起，让你的旅程更加轻松惬意。在前期金陵连 ...

Core Insights - The report emphasizes that the structure of bank credit is more important than the total amount, indicating a potential adjustment in the credit structure of banks [1][7] - The report suggests that the effective credit demand from enterprises is expected to recover as the adjustment of excess production capacity comes to an end [2] Industry Overview - The report highlights the need for industry structure optimization to accelerate the elimination of excess capacity, particularly in sectors like automotive, photovoltaic, lithium batteries, steel, and cement [2] - The central bank has increased the quota for re-loans for technological innovation and technical transformation by 300 billion yuan, with the balance of technology loans reaching 44.1 trillion yuan, growing by 12.5% year-on-year [2] - The loan structure has shifted from over 60% in real estate and infrastructure loans in 2016 to approximately 70% in the "five major articles" of finance currently [2] Market Performance - The report notes that during the week of August 11 to August 17, 2025, the major indices saw significant increases, with the Shanghai Composite Index rising by 1.70% and the ChiNext Index by 8.58% [7] - The banking index experienced a weekly decline of 3.19%, underperforming the CSI 300 index by 5.57 percentage points [7] Investment Recommendations - The report recommends focusing on the banking sector for medium to long-term investments, highlighting that the overall allocation to banks has increased but remains insufficient [3][8] - Specific banks recommended for investment include state-owned banks (A+H) and stable joint-stock banks such as China Merchants Bank (A+H), CITIC Bank (A+H), and Industrial Bank, as well as high-quality regional banks with strong provisioning coverage [8] Profit Forecasts and Valuations - The report provides earnings per share (EPS) and price-to-earnings (PE) ratios for several banks, indicating a positive outlook for banks like Ningbo Bank, Jiangsu Bank, and China Merchants Bank, with recommendations to buy [9]

Investment Rating - The report maintains an "Overweight" rating for the banking sector, indicating a positive outlook for the industry. Core Insights - The banking sector is experiencing a narrowing decline in profit growth, with a cumulative net profit of 1.24 trillion yuan in the first half of 2025, representing a year-on-year decrease of 1.2%, which is an improvement from the 2.3% decline in the first quarter [1][2] - The asset growth rate of commercial banks accelerated to 8.88% year-on-year in Q2 2025, up 1.7 percentage points from Q1 2025, driven by a low base effect from the previous year [1][2] - The report highlights a continuous optimization of credit structure, with significant increases in loans to technology, green, inclusive, and digital sectors, which now account for approximately 70% of new loans [7] Summary by Sections Banking Sector Performance - Profit growth decline narrowed to 1.2% in H1 2025, with non-interest income rising to 25.8% [1] - Asset growth rate reached 8.88% in Q2 2025, with state-owned banks showing a 10.4% growth [1][2] - Net interest margin slightly decreased to 1.42%, with state-owned banks at 1.31% [2] - Non-performing loan (NPL) ratio improved to 1.49%, with a notable decrease in rural commercial banks' NPL ratio to 2.77% [2] - Capital adequacy ratio increased to 15.58%, with all bank types showing improvements [2] Monetary Policy Execution - New loan interest rates decreased to 3.29% in June 2025, with significant drops in various loan categories [3] - The central bank's outlook on the macro economy has become more positive, indicating solid support for stable growth in the second half of 2025 [3] - The monetary policy remains moderately accommodative, focusing on maintaining stability and flexibility [3][6] Credit Structure Optimization - The report emphasizes the need for continuous optimization of credit structure, with a significant shift in loan distribution over the past decade [7] - Small and micro-enterprise loans have seen an annual growth rate of about 15%, increasing their share in corporate loans from 30.4% in 2014 to 38.2% in 2025 [7] - Technology loans reached a balance of 44.1 trillion yuan, growing by 12.5% year-on-year, with an average interest rate of 2.90% [7] Sector Outlook - The banking sector is expected to benefit from policy catalysts, with a focus on stocks that show positive fundamental changes and continuous improvement in financial statements [8] - Specific banks such as Ningbo Bank are recommended for their positive fundamental changes, while Jiangsu Bank and others are highlighted for their dividend strategies [8]

Core Viewpoint - The "Su New Consumption" initiative aims to enhance brand influence and stimulate the consumer market in Jiangsu Province through the synergy of the "Su Super League" and various promotional activities [1] Group 1: Event Overview - The "Su New Consumption · Su Super" carnival was held in Nanjing, organized by Jiangsu's commerce department to boost consumer confidence and market recovery [1] - Jiangsu Bank was the only invited bank at the event, launching a series of consumption promotion measures linked to the "Su Super League" [1] Group 2: Online and Offline Consumption Activation - Jiangsu Bank established the "Su Super Town" on its mobile banking platform, attracting over 2.2 billion visits and engaging more than 7.5 million participants [2] - The bank introduced a "Su Super" exclusive benefits package focusing on five key consumption areas, collaborating with over 100 leading merchants to offer various discounts and coupons, reaching over 4 million consumers and distributing over 1 billion yuan in vouchers [2] - A dedicated offline service team was formed to engage with fans at key viewing locations, conducting over 300 offline events to stimulate consumption through credit card discounts and personal loan products [2] Group 3: Merchant Empowerment and Ecosystem Development - Jiangsu Bank launched an online "Su Products" shopping section to effectively channel "Su Super" traffic, while also engaging with local merchants through innovative financial products and services [3] - The collaboration between the provincial commerce department and Jiangsu Bank aims to create a chain effect of "event traffic—consumer retention—economic growth" through various initiatives [3] Group 4: Future Plans - Jiangsu Bank plans to leverage the "Su Super" events to drive consumption growth by integrating into both B2B and B2C consumption scenarios, enhancing the quality of domestic demand [4]

Core Viewpoint - The "Su New Consumption" brand is being promoted through the "Su Super League" to stimulate the consumption market in Jiangsu Province, with significant involvement from Jiangsu Bank [1][4]. Group 1: Event Overview - The "Su New Consumption · Su Super" carnival was held in Nanjing, organized by the Jiangsu Provincial Department of Commerce to enhance brand influence and promote market recovery [1]. - Key leaders from various provincial departments and Jiangsu Bank attended the event, highlighting the collaboration between government and financial institutions [1]. Group 2: Consumption Boosting Strategies - Jiangsu Bank is leveraging the popularity of the "Su Super" league to drive consumer engagement, transforming event traffic into consumption growth [2]. - The bank launched the "Su Super Town" on its mobile banking platform, which has reached over 220 million users and attracted more than 7.5 million participants, serving as a major traffic hub for the league [2]. - A dedicated consumer rights package was introduced, focusing on five key areas: dining, entertainment, travel, shopping, and transportation, covering over 4 million people and distributing more than 100 million yuan in consumer coupons [2]. Group 3: Offline Engagement and Merchant Support - Jiangsu Bank established a specialized offline service team to engage with fans at key viewing locations, conducting over 300 promotional events to stimulate consumption [3]. - The bank is enhancing the "Su Products and Goods" ecosystem by creating an online shopping platform and providing integrated financial services to merchants, thereby boosting their operational vitality [3]. Group 4: Collaborative Efforts and Future Plans - The collaboration between the Jiangsu Provincial Department of Commerce and Jiangsu Bank aims to create a chain effect of "event traffic - consumer retention - economic growth" [4]. - Future initiatives will focus on expanding the "Su New Consumption" market, enhancing online platforms, and activating night economy dynamics, all while utilizing the "Su Super" league to drive consumption growth [4].

Core Insights - The "Su New Consumption · Su Super" Carnival aims to boost consumer spending in Jiangsu province through a series of promotional activities linked to the "Su Super" sports events [1][5]. Group 1: Event Overview - The event was organized by the Provincial Department of Commerce, in collaboration with various local entities, and took place on August 16 in Nanjing [1][3]. - The carnival features over 1,800 promotional activities across the province, distributing more than 140 million yuan in consumer vouchers and involving over 16,000 trade and circulation enterprises [5]. Group 2: Promotional Activities - The initiative includes the "Su Super Second Venue" expansion, which aims to enhance the visibility of 979 "Su Products" brands and facilitate their sales nationwide [5]. - A focus on 50 night-time consumer hubs will be part of the "Su · Super Night" activities, promoting diverse consumption options [5]. Group 3: Financial and Digital Support - Jiangsu Bank announced specific financial measures to support consumer spending, including the launch of the "Su Super" benefits package [7]. - A digital map named "Su Super Second Venue" was introduced, featuring 432 locations for shopping, dining, and entertainment, accessible via various digital platforms [7]. Group 4: Economic Impact - The series of activities is expected to significantly stimulate the consumer market in Jiangsu, transforming "event traffic" into "consumption energy" and contributing to economic growth [7].

Core Insights - The "Yiqi·Rong" investment and financing matchmaking event for leading talents was held in Suzhou, focusing on providing tailored financial services for young scientists [1][2] - Financial institutions including Suzhou Bank, Jiangsu Bank, and Nanjing Bank offered pre-approval credit of up to 30 million yuan to support young scientific talents and technology-driven enterprises [1] - The event aimed to bridge the gap between talent, technology, and capital, enhancing the growth of young scientists' enterprises and contributing to Suzhou's goal of becoming a global innovation hub [1] Financial Products and Services - Suzhou's technology departments have collaborated with financial institutions to launch specialized financial products for scientific talents, addressing challenges such as initial loans and credit loans for high-risk projects [2] - Notable financial products include the "Suzhou Talent Card," "Innovation Index Loan," "Achievement Transformation Loan," and "Investment and Loan Smart Manager," which aim to match innovative capital with scientific talent projects [2] - The event is part of a broader initiative to provide comprehensive lifecycle services for young scientists, including project incubation, financing connections, and resource integration [2] Event Impact and Future Plans - The "Yiqi·Rong" initiative has successfully hosted over ten investment and financing matchmaking events, serving nearly a hundred leading talent enterprises [2] - Suzhou's technology departments plan to continue regular closed-door matchmaking events to meet the financing needs of leading talent enterprises and stimulate innovation and entrepreneurship among young talents [2]