潮涌东方，风起浦江。2025年，浦东迎来开发开放35周年的重要里程碑。这35年见证了浦东从昔日的郊 野之地，崛起为举世瞩目的现代化城区，是一部敢为人先的奋斗史，也是中国改革开放伟大成就的生动 诠释。如今，这里正以创新为引擎，加速打造全球资源配置的新高地，在科技自立自强的赛道上奋力领 跑。 作为江苏银行在省外设立的首家分行，江苏银行上海分行自2008年扎根浦东以来，始终与这片土地同频 共振。伴随着浦东开发开放"二次创业"新阶段，分行不断完善机构布局，先后在陆家嘴、南汇、洋泾、 惠南、临港、张江等区域设立全功能型支行。持续深耕科技金融、绿色金融、供应链金融等领域，以金 融活水滋养企业成长，助力区域经济高质量发展。 深化合作，赋能浦东发展新征程 在浦东开发开放迎来35周年之际，面对全球经济格局的深刻变革与国内经济高质量发展的新要求，浦东 积极探寻更高水平的开放路径，全力推动改革向纵深发展，力求释放各类改革平台的集成效应，在自主 开放和单边开放领域持续发力，打造改革开放新高地。 江苏银行上海分行敏锐把握这一发展趋势，凭借高度的战略敏锐性与行动力，积极投身浦东发展浪潮， 携手各方深度参与区域经济建设。其中，与临港管委会 ...

华夏时报（www.chinatimes.net.cn）记者 李佳佳 李未来 北京报道 风波不断！ 近期，甘肃金刚光伏股份有限公司（下称"金刚光伏"，300093.SZ）发布公告，披露了其收到执行裁定书暨重大诉 讼的最新进展。 记者留意到，早在2024年8月，金刚光伏及子公司在银行、融资租赁公司等机构的逾期债务就已经高达约5.23亿 元，占公司2023年度经审计净资产的1974.65%。 此外，金刚光伏还深陷诉讼泥潭，多次公布新增诉讼情况。仅在2025年2月20日至3月26日，公司及控股子公司新 增诉讼、仲裁事项累计涉及金额为13,276,846.11元。 上述公司人员对记者表示，如果不缺资金的话，也不会这么多诉讼。 四家子公司申请重整 据悉，公司及苏州金刚光伏科技有限公司（下称"苏州金刚"）、广东欧昊集团有限公司、苏州金刚防火钢型材系 统有限公司作为被执行人，将被冻结、扣划银行存款82,173,047.71元，若银行存款不足之数，被执行人名下相应 价值的其他财产将被查封、冻结，且相关裁定立即执行。 为进一步了解执行情况，《华夏时报》记者致电金刚光伏证券部，公司人员告诉《华夏时报》记者，还在跟法院 沟通，目前账 ...

Core Viewpoint - The performance of 14 out of 17 listed city commercial banks in China for 2024 shows resilience and growth despite challenges in the banking sector, with many banks leveraging regional advantages and differentiated business strategies to achieve notable results [1][2]. Revenue and Profit Growth - The average revenue growth rate for the 14 listed city commercial banks reached 5.31% year-on-year, with Nanjing Bank leading at 11.32% growth [2][3]. - Jiangsu Bank and Ningbo Bank achieved over 8% revenue growth despite a high base, supported by quality credit resources in the Jiangsu and Zhejiang regions [2][3]. Performance Summary of Listed City Commercial Banks - Jiangsu Bank: Revenue of 808.15 billion, up 8.78%; Net profit of 318.43 billion, up 10.76% [3]. - Beijing Bank: Revenue of 699.17 billion, up 4.81%; Net profit of 258.31 billion, up 0.81% [3]. - Ningbo Bank: Revenue of 666.31 billion, up 8.19%; Net profit of 271.27 billion, up 6.23% [3]. - Nanjing Bank: Revenue of 502.71 billion, up 11.32%; Net profit of 201.77 billion, up 9.05% [3]. - Zhengzhou Bank: Revenue decreased by 5.78% to 128.77 billion, attributed to weak corporate loan growth [3][4]. Asset Quality and Risk Management - Zhengzhou Bank reported a non-performing loan (NPL) ratio of 1.79%, higher than the average for city commercial banks, indicating a need for improvement in asset quality management [7]. - All 14 listed city commercial banks maintained a provision coverage ratio above the regulatory minimum of 150%, with Hangzhou Bank and Ningbo Bank showing exceptional performance [8][9]. Differentiated Business Strategies - City commercial banks are encouraged to adopt differentiated development strategies based on regional characteristics to enhance their business models [10]. - Ningbo Bank focuses on risk management in exchange rate and interest rate, achieving a 20.15% increase in institutional deposits [11]. - Beijing Bank plans to leverage digital products and services to enhance its business model in a low-interest environment [11].

Group 1 - The banking sector is performing strongly against the trend, with Agricultural Bank of China, China Construction Bank, and Shanghai Bank reaching historical highs during trading [1] - Other banks such as Chongqing Bank, Jiangsu Bank, Shanghai Rural Commercial Bank, and China Everbright Bank also showed significant gains [1]

Group 1 - The A-share market's three major indices closed mixed, with the Shanghai 180 Financial Stock Index rising by 1.03% to 5280.69 points, with a trading volume of 31.303 billion yuan [1] - The Shanghai 180 Financial Stock Index has decreased by 4.72% over the past month, increased by 0.28% over the past three months, and has fallen by 3.49% year-to-date [1] - The index is composed of listed companies in banking, insurance, securities, and trust industries, reflecting the overall performance of financial sector securities in the Shanghai stock market [1] Group 2 - The top ten weighted stocks in the Shanghai 180 Financial Stock Index include China Ping An (12.8%), China Merchants Bank (12.34%), and Industrial Bank (7.27%) [1] - The index's holdings are entirely composed of financial sector stocks, with a 100% representation [2][3] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [3]

Investment Rating - The report maintains an "Overweight" rating for the banking sector [5][40]. Core Insights - The report highlights that the growth in social financing (社融) is supported by both credit and government bonds, with March's new social financing reaching 5.89 trillion yuan, exceeding expectations [6][14]. - The credit situation shows a recovery due to a low base effect, with new loans in March increasing by 3.64 trillion yuan, which is 550 billion yuan more than the same period last year [8][20]. - The report emphasizes the importance of government bond issuance, which maintained high growth, with new financing in March amounting to 1.5 trillion yuan, a year-on-year increase of 1 trillion yuan [18][31]. Summary by Sections Social Financing Overview - In March, social financing increased by 5.89 trillion yuan, which is 1.0544 trillion yuan more than the same month last year, and the stock of social financing grew by 8.4% year-on-year [6][14]. - The structure of new financing in March was composed of 64.5% from loans, 25.2% from government bonds, and -0.8% from corporate bonds [15][18]. Credit Situation - The report notes that the increase in credit is primarily driven by a low base effect, with new RMB loans increasing by 5.358 billion yuan year-on-year [18][20]. - The breakdown of new loans shows that corporate short-term loans increased significantly, while residential loans remained stable compared to last year [20][22]. Market Trends - The report indicates that M1 growth has improved, with M0, M1, and M2 growing by 11.5%, 1.6%, and 7.0% respectively in March [31][33]. - New deposits in March totaled 4.25 trillion yuan, with a year-on-year increase of 6.7%, although this was a decrease of 0.55 trillion yuan compared to the previous year [33][34]. Investment Recommendations - The report suggests focusing on bank stocks due to their dividend attributes, particularly large banks and quality city commercial banks [11][39]. - Two main investment themes are highlighted: high-dividend large banks and city commercial banks with strong regional advantages [11][39].

江苏银行股份有限公司 关于 2025 年无固定期限资本债券 (第一期)(债券通)发行完毕的公告 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 担个别及连带责任。 证券代码：600919 证券简称：江苏银行 公告编号：2025-012 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 2025 年 4 月 15 日 - 1 - 经国家金融监督管理总局江苏监管局与中国人民银行批准，江苏 银行股份有限公司（以下简称"公司"）于近日在全国银行间债券市 场成功发行了"江苏银行股份有限公司 2025 年无固定期限资本债券 （第一期）（债券通）"（以下简称"本期债券"）。 本期债券于 2025 年 4 月 10 日簿记建档，并于 2025 年 4 月 14 日 发行完毕。本期债券发行规模为人民币 200 亿元，前 5 年票面利率为 2.08%，每 5 年调整一次，公司有权在第 5 年及之后的每个付息日全 部或部分赎回本期债券。 本期债券发行的募集资金将依据适用法律和主管部门的批准，用 于补充公司其他一级资本，提高资本充足率 ...

Investment Rating - The report maintains a "Recommended" investment rating for the banking industry, expecting the industry index to outperform the benchmark index by over 5% in the next 3-6 months [21]. Core Insights - The report highlights a marginal improvement in performance growth, with core revenue contributions increasing. As of April 12, 2024, 25 out of 42 listed banks reported a year-on-year revenue growth of -0.4% and a net profit growth of 2.0%, both showing a 1 percentage point improvement compared to the previous three quarters [5][6]. - The report anticipates that the banking sector will benefit from strong fiscal policies implemented since October 2024, which are expected to boost economic confidence and stabilize asset quality. If these policies effectively stimulate the real estate and consumer sectors, there will be opportunities for cyclical strategies [5][6]. Summary by Sections Industry Basic Data - The banking sector consists of 42 listed companies with a total market capitalization of approximately 114,992 billion and a circulating market value of about 78,974 billion [2]. Relative Index Performance - The absolute performance of the banking sector over the past month is 5.0%, 17.3% over six months, and 17.7% over twelve months. The relative performance is 2.8%, 15.6%, and 24.4% respectively [3]. Market Review - For the week of April 7-13, 2025, the major indices saw declines, with the Shanghai Composite Index down 3.11% and the Shenzhen Component Index down 6.73%. The average daily trading volume in the A-share market was 10,349 billion, up 41.54% from the previous week [5]. Investment Recommendations - The report suggests focusing on banks with high dividend yields and strong asset quality, such as state-owned banks and regional banks with high provision coverage ratios. It also recommends banks with a high proportion of retail assets, which are expected to show greater resilience in the economic recovery [5][6]. Specific banks highlighted include: - Ningbo Bank, Jiangsu Bank, and China Merchants Bank, all rated as "Recommended" with projected EPS growth for 2025 [6].

Core Viewpoint - Since 2025, A-share listed banks have seen significant increases in shareholding by executives and major shareholders, particularly accelerating since April 2023, driven by policy guidance, market confidence, and valuation recovery needs [1][4]. Group 1: Recent Actions and Announcements - On April 9, Huaxia Bank announced that its directors, supervisors, and senior management plan to voluntarily increase their shareholding by at least 30 million yuan within six months starting from April 11, 2025 [2]. - Jiangsu Bank also reported that its senior management and some directors plan to increase their A-share holdings by at least 20 million yuan through concentrated bidding [2]. - Postal Savings Bank and Chengdu Bank disclosed their major shareholders' ongoing shareholding increases, with Postal Savings Bank's major shareholder increasing 19.91 million shares, representing 0.02% of its total issued shares [2]. Group 2: Market Impact and Analyst Insights - The recent surge in shareholding among A-share listed banks reflects confidence from both local state-owned platforms and internal management teams regarding the banks' fundamentals [3]. - Analysts predict that this trend will boost market sentiment, attract long-term investors to the banking sector, and enhance governance structures by aligning management interests with shareholder returns [3][4]. - The scale of shareholder increases is expected to grow, particularly among state-owned banks due to their strong capital positions and lower valuations, while regional banks may also participate if supported by shareholders [4].

创新产品帮农户解决资金难题 春耕备耕时节，又赶上农机购置更新补贴，农业种养植大户和农机手们纷纷到农机经销商处咨询购置农 机设备，不过，动辄数万元的价格让不少农户发了愁。记者从江苏银行（600919）了解到，该行大力支 持农机经销商备货和农机购置主体融资要求，通过线上线下（300959）融合流程，结合纳税、农业保 险、农机销售和农机补贴多维数据，推出全线上自动化审批信用贷款产品"农机e贷"。 为全力保障2025年全省农业生产开好局、起好步，江苏金融监管局深入贯彻落实中央农村工作会议和中 央一号文件精神，全面落实关于粮食安全的各项工作要求，印发《关于全力支持全省经济实现良好开局 的通知》，指导银行保险机构加大信贷投放，强化保险保障，优化服务模式，助力春耕备耕。 江苏金融监管局有关部门负责人告诉《金融时报》记者，近一段时间以来，该局指导银行机构积极对接 地方政府和各级农业农村等部门，借助小微企业融资协调工作机制，结合"千企万户大走访"活动，联动 乡镇村庄，加大春耕备耕重点园区、企业和农业经营主体对接力度，实现"客户早布局、授信早审批、 资金早到位"。 数据显示，截至今年2月末，江苏省粮食重点领域贷款4378.8亿元 ...