江苏银行作为本次足球联赛冠名商，一如既往对江苏体育事业给予坚定支持。一直以来，江苏银行积极 响应国家全民健身号召，促进金融事业与体育事业融合发展。此前，江苏银行已冠名赞助南京半程马拉 松、扬州马拉松等知名赛事，并冠名首届江苏足球发展重点城市对抗赛。通过与各类体育赛事的合作， 江苏银行不仅为赛事提供资金支持，还利用自身金融服务优势，为参赛选手和观众提供便捷、高效的金 融服务，同时积极挖掘地域特色文化，提升赛事文化内涵，形成了"体育+金融"的良好生态循环。 此次冠名江苏省城市足球联赛，江苏银行相关负责人表示，将充分发挥金融机构的资源整合能力和品牌 影响力，为赛事提供全方位的支持，助力赛事成为展示江苏城市形象和足球文化的重要平台，推动江苏 足球事业迈向新的高度。同时，江苏银行也将继续深化"文化金融"战略布局，为体育强国建设和文化产 业发展贡献更大力量，为客户创造更加丰富多元的金融服务与文化体验。 5月9日，2025江苏银行江苏省城市足球联赛新闻发布会在南京举行。2025江苏银行江苏省城市足球联赛 (以下简称"联赛")首场比赛将于5月10日在镇江举行，由镇江队主场迎战扬州队。联赛由江苏省体育局 与各设区市人民政府联合 ...

证券代码：600919 证券简称：江苏银行 公告编号：2025-025 优先股代码：360026 优先股简称：苏银优 1 江苏银行股份有限公司董事会决议公告 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 担个别及连带责任。 江苏银行股份有限公司（以下简称"公司"）第六届董事会第二 十次会议通知于 2025 年 4 月 30 日以电子邮件方式发出，会议于 2025 年 5 月 9 日在公司以现场和视频方式召开。本次会议应参与表决董事 15 名，实际参与表决董事 15 名，监事及高级管理人员列席会议。会 议符合《公司法》等法律法规及公司章程的有关规定，表决所形成的 决议合法、有效。 会议由公司董事长葛仁余先生主持，审议通过以下议案： 一、关于聘任杨大威先生为江苏银行股份有限公司副行长的议案 表决结果：同意 15 票，反对 0 票，弃权 0 票。 同意聘任杨大威先生担任公司副行长（简历见附件），任职资格 待监管部门核准。 二、关于聘任时文绮女士为江苏银行股份有限公司总审计师的议 案 表决结果：同意 15 票，反对 0 票，弃权 0 票。 同意 ...

Core Viewpoint - The annual report season for listed companies in Jiangsu has concluded, revealing significant financial performance with a total revenue of 34,536.1 billion yuan and a net profit of 2,381.2 billion yuan, indicating that nearly 80% of companies reported profits, with over 100 companies experiencing a net profit growth of 50% [1][4]. Group 1: Nanjing Companies - Jiangsu Bank ranked as the most profitable listed company in Jiangsu with a net profit of 31.843 billion yuan, showing a year-on-year growth of 10.76% [3][4]. - Nanjing Bank and Huatai Securities followed, with net profits of 20.177 billion yuan and 15.351 billion yuan, respectively, reflecting year-on-year growth rates of 9.05% and 20.40% [3][4]. - Jiangsu Bank's net profit exceeded the total net profit of the top 20 listed companies in Wuxi, which was approximately 28.033 billion yuan [4]. Group 2: Suzhou Companies - Suzhou Bank emerged as the most profitable company in Suzhou with a net profit of 5.068 billion yuan and a net profit margin of 41.5% [6][7]. - The automotive parts manufacturer Huguang Co. reported a remarkable net profit growth of 1,139.15%, driven by the increasing demand in the new energy vehicle market [7]. - The top 10 companies in Suzhou's net profit rankings were predominantly from the financial sector, indicating a strong performance in this industry [6]. Group 3: Wuxi Companies - WuXi AppTec led Wuxi companies with a net profit of 9.450 billion yuan, although it experienced a slight decline in both revenue and net profit, with a year-on-year decrease of 2.73% and 1.63%, respectively [10][11]. - The company derived over 60% of its revenue from the U.S. market, highlighting its significant international exposure [11]. Group 4: Changzhou Companies - Hengli Hydraulic reported a net profit of 2.509 billion yuan, showing a modest increase of 0.4% year-on-year, while its revenue grew by 4.51% to 9.39 billion yuan [12][14]. - New City Holdings, despite a revenue decline of 25.32% to 88.999 billion yuan, managed to maintain a positive net profit of 0.752 billion yuan, indicating resilience in a challenging real estate market [14].

江苏银行股份有限公司 关于收购江苏丹阳苏银村镇银行有限 责任公司设立分支机构获核准的公告 证券代码：600919 证券简称：江苏银行 公告编号：2025-024 优先股代码：360026 优先股简称：苏银优 1 由于上述事项在董事会审议后处于筹备过程中，属于具有商业保 密性质的行为，且须监管核准后方可实施，能否实施完成存在不确定 性。根据《上海证券交易所上市公司自律监管指引第 2 号——信息披 露事务管理》及《江苏银行股份有限公司信息披露暂缓与豁免管理办 法》的相关规定，本行暂缓披露了上述事项。 本行将按照《中华人民共和国公司法》《中华人民共和国商业银 行法》等有关法律、法规要求完成收购事项，并稳妥做好机构、业务、 系统、人员等交接工作，切实保障好各相关主体合法权益。 特此公告。 江苏银行股份有限公司董事会 2025 年 5 月 7 日 - 2 - 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 担个别及连带责任。 江苏银行股份有限公司（以下简称"本行"）近日收到《国家金 融监督管理总局镇江监管分局关于江苏银行股份有限公司收购江苏 丹阳苏 ...

Core Viewpoint - Jiangsu Bank has released its 2024 Green Finance Development Report, showcasing its commitment to green finance and sustainable development, marking the fourth consecutive year of such disclosures [1] Group 1: Strategic Development - Jiangsu Bank is constructing a strategic system led by PRB and ESG, aligning its operations with the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement [2] - The bank has been recognized for its achievements in green low-carbon development, receiving an excellent rating from Jiangsu Province's banking sector [2] - By the end of 2024, Jiangsu Bank's Wind ESG rating improved to A, ranking among the top listed banks, while its MSCI ESG rating rose to BBB, the highest among domestic city commercial banks [2] Group 2: Business Innovation - Jiangsu Bank is enhancing its "green+" operational strategy, developing a sustainable financial service system that includes twelve business segments [3] - The bank has launched innovative products such as "Green Factory Loan," "Environmental Fund Loan," and "Green Power Loan," and has completed significant projects like the world's first gravity energy storage project [3] - As of the end of 2024, the bank's green investment and financing scale reached 550.9 billion yuan, a 22.4% increase year-on-year, with green loan balances at 363.5 billion yuan, representing 17.3% of total loans, up 26.7% from the previous year [3] Group 3: Research and Standards - Jiangsu Bank aims to establish the "Su Yin Green Research" brand, focusing on building a green finance research system [4] - The bank has organized seminars on various industries and is involved in research on transition finance, biodiversity finance, and ESG information disclosure, producing multiple industry standards [4] Group 4: Responsible Banking Practices - As a representative in the UNEP FI Banking Council, Jiangsu Bank promotes responsible banking practices in the East Asia region and engages in international exchanges on climate financing [5] - The bank has signed a cooperation agreement with UNEP FI to enhance sustainable finance capabilities within the domestic banking sector [6] Group 5: ESG Risk Management - Jiangsu Bank is expanding its ESG risk management framework, establishing clear guidelines for identifying and managing ESG risks across its operations [7] - The bank has integrated climate risk management into its overall risk management strategy, conducting stress tests and utilizing quantitative indicators to assess potential impacts on credit assets [7]

Group 1 - The core idea of the articles is that Jiangsu Bank is innovating its financial services by integrating ticket sales for the Galaxy Left Bank Music Festival with its digital app, enhancing customer experience and engagement [1][2] - Jiangsu Bank's collaboration with the music festival allows for a seamless ticket purchasing process through its app, which has been positively received by customers, showcasing the bank's commitment to improving user experience [1] - The bank's initiative includes interactive activities at the festival, such as a lottery, which not only promotes brand engagement but also educates consumers about financial services in a cultural context [2] Group 2 - The traditional banking model relies heavily on physical branches, but Jiangsu Bank is shifting towards online service expansion, reflecting a broader industry trend towards digitalization [2] - By combining ticketing services with digital offerings, Jiangsu Bank is meeting the diverse needs of consumers and enhancing its competitive edge in the financial services market [2] - This innovative approach sets a benchmark for the banking industry, demonstrating how financial services can effectively integrate with cultural events to provide a richer customer experience [2]

Group 1 - The People's Bank of China Jiangsu Branch and the National Financial Regulatory Administration Jiangsu Bureau announced the 2024 assessment results for banking institutions' services in rural revitalization, with Jiangsu Bank receiving an "excellent" rating for the fourth consecutive year, highlighting its significant contributions in this area [1] - Jiangsu Bank is enhancing financial support for the entire grain supply chain, aligning with the national food security strategy, and collaborating with government departments on major projects to boost rural revitalization [1] - Jiangsu Bank provided a timely loan of 2 million yuan to Wuxi Anyou Agricultural Ecological Co., Ltd. to support the purchase of agricultural machinery, demonstrating its role in facilitating local agricultural development [2] Group 2 - Jiangsu Bank focuses on empowering Jiangsu's characteristic industries by innovating financial products and services, supporting the upgrade of agricultural processing and equipment, and promoting the integration of primary, secondary, and tertiary industries [2] - The bank has expanded its financial services for rural revitalization by supporting diverse food supply systems, including edible mushroom cultivation and marine ranching [2] - Jiangsu Bank provided a credit line of 2 million yuan to Huai'an Qianrun Agricultural Technology Co., Ltd. during a critical purchasing season, showcasing its effective support for rural enterprises [2]

Investment Rating - The investment rating for Jiangsu Bank is "Buy" and is maintained [9]. Core Views - Jiangsu Bank's Q1 2025 revenue growth was 6.2%, with net profit growth of 8.2%. The significant increase in net interest income by 21.9% was attributed to stable interest margins and strong asset expansion. Total assets grew by 12.8% compared to the beginning of the year, with loans increasing by 8.0% and deposits rising by 14.2% [2][6]. Summary by Sections Financial Performance - In Q1 2025, Jiangsu Bank's net interest income increased by 21.9%, leading to an unexpected revenue growth. Non-interest income decreased by 22.7% year-on-year due to a high base last year, but fee income grew by 21.8%. Investment income and other non-interest revenues declined by 32.7% due to market fluctuations and last year's high base [11][12]. Scale and Growth - The bank demonstrated strong deposit-taking capabilities, with total assets increasing by 12.8% in Q1 2025. Loans grew by 8.0%, with corporate loans increasing by 13.5%. Deposits rose by 14.2%, with corporate deposits growing by 14.4%. The bank expects to maintain a loan growth rate of over 10% for the year [11][12]. Interest Margin - The cost of liabilities is improving rapidly, alleviating pressure on interest margins. The interest margin is expected to stabilize and rise compared to the 2024 annual rate of 1.86%. The bank's focus on high-yield quality projects and the absence of interest rate cuts from policymakers are supporting asset yield [11][12]. Asset Quality - The bank's asset quality indicators improved, with the non-performing loan (NPL) ratio decreasing by 3 basis points to 0.86% at the end of Q1 2025. The coverage ratio slightly declined but remains robust at 344%. The bank is closely monitoring retail risk changes due to rising retail sector risks [11][12]. Investment Recommendation - Jiangsu Bank offers a high dividend yield of 5.3%, which is among the highest in the sector, and is currently undervalued with a price-to-book ratio of 0.74x. The bank's stable dividend payout ratio of 30% of net profit is expected to continue, making it a strong investment recommendation [11][12].

Investment Rating - The report maintains a "Buy" rating for Jiangsu Bank [2][3] Core Views - Jiangsu Bank's performance remains robust with a revenue growth of 6.2% year-on-year in Q1 2025, and a net profit growth of 8.2% year-on-year [3][11] - The bank's net interest income increased significantly by 21.9% year-on-year in Q1 2025, supported by a resilient net interest margin [12][14] - Asset quality indicators such as non-performing loan ratio and overdue rates have shown improvement, indicating a positive trend in credit quality [19] Summary by Sections Performance Overview - Jiangsu Bank's Q1 2025 revenue increased by 6.2% compared to the same period in 2024, while net profit rose by 8.2% [11][7] - The bank's net interest margin improved to 1.8%, with a quarter-on-quarter increase of 13 basis points [12][9] - The bank's total loans grew by 13% year-on-year, with corporate loans increasing by 25.9% and retail loans by 10% [14][15] Non-Interest Income - Non-interest income decreased by 23.0% year-on-year in Q1 2025, primarily due to a decline in other non-interest income [18] - However, fee income increased by 21.8% year-on-year, partially offsetting the decline in non-interest income [18] Asset Quality - The non-performing loan ratio improved to 0.86%, down 3 basis points quarter-on-quarter and 5 basis points year-on-year [19] - The bank's provision coverage ratio remains high at 343.51%, despite a slight decrease [19] - The overdue rate decreased to 1.10%, indicating better asset quality management [19]

Performance Summary - Jiangsu Bank reported a revenue growth of 6.2% year-on-year for Q1 2025, compared to an annual growth of 8.7% in 2024, while net profit increased by 8.2% year-on-year, against a 10.8% annual growth in 2024 [1] - The bank maintained a high growth in operating performance, with both revenue and profit growing over 5%. The credit growth remained robust, supported by liabilities that bolstered net interest margin resilience, leading to a 21.9% year-on-year increase in net interest income for Q1 2025 [1] - Net interest income also saw a quarter-on-quarter increase of 16.3%, with an annualized net interest margin rising by 13 basis points to 1.8% [1] Asset Quality - The bank's asset quality indicators showed improvement, with a non-performing loan (NPL) ratio of 0.86%, down 3 basis points quarter-on-quarter and 5 basis points year-on-year [3] - The non-performing loan generation rate decreased to 1.03%, down 34 basis points year-on-year and 38 basis points quarter-on-quarter, while the ratio of loans under special attention fell to 1.33% [3] - The overdue loan ratio also improved, decreasing by 1 basis point to 1.11% [3] Loan Growth - In Q1 2025, the bank experienced strong growth in both corporate and retail loans, with total interest-earning assets increasing by 20.6% year-on-year [2] - Corporate loans grew by 25.9% year-on-year, while retail loans saw a 10.0% increase [2] - The bank's interest-bearing liabilities rose by 22.0% year-on-year, with deposits increasing by 16.0% [2] Fee Income - Non-interest income showed a decline of 23.0% year-on-year, primarily due to other non-interest income dragging down overall performance [2] - However, net fee income increased by 21.8% year-on-year, indicating a strong performance in fee-generating activities [2] Investment Outlook - Jiangsu Bank's core competitive advantages include its small and micro business focus, strong corporate business in manufacturing and infrastructure, and retail business scale advantages [4] - The bank's projected price-to-book ratios for 2025, 2026, and 2027 are 0.75X, 0.68X, and 0.61X respectively, with price-to-earnings ratios of 5.55X, 5.21X, and 4.94X [4] - The bank's strong net interest margin trends, quality asset performance, and capital replenishment are expected to support sustained performance [4]