●本次利润分配以实施分红派息股权登记日登记的总股本为基 数，具体日期将在分红派息实施公告中明确。 ●公司 2023 年年度股东大会已审议通过中期利润分配相关事宜， 本次利润分配方案经董事会审议通过后即可实施。 证券代码：600919 证券简称：江苏银行 公告编号：2024-044 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 2024 年度中期利润分配方案公告 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。 重要内容提示 ●分配比例：每 10 股派人民币 3.062 元（含税） 2、2024 年 11 月 27 日，公司第六届董事会第十三次会议审议通 过了《关于江苏银行股份有限公司 2024 年度中期利润分配方案的议 案》，同意本次利润分配方案。独立董事认为：公司第六届董事会第 十三次会议审议通过的《关于江苏银行股份有限公司 2024 年度中期 利润分配方案的议案》审议程序合法有效。利润分配方案符合有关法 律、法规、规范性文件和公司章程的相关规定，既有利于公司的持续 稳定发展，又充分考虑了投资 ...

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"）第六届董事会第十 三次会议通知于2024 年11月19 日以电子邮件方式发出，会议于2024 年 11 月 27 日在公司以现场结合视频方式召开。本次会议出席有表决 权董事 15 名，亲自出席董事 12 名，委托出席董事 3 名，袁军和胡军 授权委托葛仁余、于兰英授权委托姜健出席会议并代为行使表决权。 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。 江苏银行股份有限公司董事会决议公告 证券代码：600919 证券简称：江苏银行 公告编号：2024-042 优先股代码：360026 优先股简称：苏银优 1 会议由公司董事长葛仁余先生主持，审议通过以下议案： 一、关于江苏银行股份有限公司环境、社会和治理风险管理政策 的议案 表决结果：同意 15 票，反对 0 票，弃权 0 票。 二、关于修订江苏银行股份有限公司国别风险管理政策的议案 表决结果：同意 15 票，反对 0 票，弃 ...

●优先股代码：360026 ●优先股简称：苏银优1 ●每股优先股派发现金股息人民币3.86元（含税） ●最后交易日：2024年11月26日（星期二） 证券代码：600919 证券简称：江苏银行 公告编号：2024-041 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 优先股股息派发实施公告 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。 重要内容提示 1、最后交易日：2024年11月26日（星期二） ●股权登记日：2024年11月27日（星期三） ●除息日：2024年11月27日（星期三） ●股息发放日：2024年11月28日（星期四） 江苏银行股份有限公司（以下简称"本行"）优先股（代码：360026， 简称：苏银优1）股息派发方案已经本行第六届董事会第十一次会议 审议通过，现将具体实施事项公告如下： 一、优先股股息发放对象、金额及扣税情况 1、发放对象：截至2024年11月27日收市后，在中国证券登记结 算有限责任公司上海分公司登记在册的公司全体苏银优1股东。 - 1 - 2、发放金额：根 ...

Core Viewpoint - Jiangsu Bank has officially integrated its APP version 10.0 with China UnionPay's "Cloud Quick Payment Network," becoming the first legal bank in Jiangsu to offer online payment services through this platform [1] Group 1: Payment Features - The upgraded Jiangsu Bank APP now fully supports both online remote payment and offline QR code payment functions via UnionPay's "Cloud Quick Payment" [1] - Online payments can be made at over 300 key merchants and scenarios, including Ele.me, JD.com, Ctrip, and 12306 [1] - Offline users can scan payment codes from UnionPay, Alipay, and WeChat for transactions [1] Group 2: User Benefits - Users will enjoy multiple promotional benefits from the bank and UnionPay, such as a discount of 2 yuan for payments over 25 yuan on the Ele.me APP until December 31, 2024 [1] - Jiangsu Bank, being the largest legal bank in Jiangsu province with nearly 20 million APP users, has significant online payment potential [1] Group 3: Strategic Collaboration - The collaboration between Jiangsu Bank and China UnionPay enhances payment scenario openness and content sharing, providing a better user experience [1] - This partnership aims to create a localized and convenient consumption ecosystem while building a diversified customer service system [1] - The joint effort is expected to improve the quality and efficiency of digital financial services [1]

Investment Rating - The investment rating for the company is "Accumulate" [3]. Core Views - The company has shown stable performance with a significant growth in total assets and loans, indicating a strong momentum in business expansion. The total assets grew by 15.6% year-on-year, while loans increased by 17.0% [3]. - Retail lending has rebounded, with an increase of 12.813 billion yuan in the third quarter alone. The company maintains a high loan growth rate of 28.8% [3]. - The net profit for the first three quarters increased by 10.1% year-on-year, although the growth rate has slightly declined compared to the mid-year figures. The net interest income growth has decreased to 1.5% [3]. - The asset quality remains stable, with a non-performing loan ratio of 0.89% and a capital adequacy ratio of 13.19%, indicating a solid risk absorption capacity [3]. Financial Performance Summary - For 2023, the company is projected to achieve an operating income of 74.293 billion yuan, with a growth rate of 5.3%. The net profit is expected to reach 28.750 billion yuan, reflecting a growth rate of 13.3% [4][6]. - The earnings per share (EPS) for 2024 is estimated at 1.79 yuan, with a price-to-book (PB) ratio of 0.60 [4][6]. - The company anticipates a gradual increase in net profit growth rates for the years 2024 to 2026, with projections of 10.0%, 6.1%, and 7.5% respectively [3][4]. Asset Quality and Capital Adequacy - The company maintains a stable asset quality with a non-performing loan coverage ratio of 351.03% and a slight increase in the capital adequacy ratio [3]. - The focus on managing liabilities has led to a decrease in funding costs, which is expected to alleviate pressure on net interest margins in the future [3]. Market Performance - Over the past twelve months, the company has outperformed the market, with a relative return of 29.92% compared to the CSI 300 index [3].

证券代码：600919 证券简称：江苏银行 公告编号：2024-040 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 关于 2024 年金融债券（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。 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 于优化中长期资产负债匹配结构，增加稳定中长期负债来源并支持中 长期资产业务的开展。 特此公告。 江苏银行股份有限公司董事会 2024 年 11 月 8 日 - 1 - 经中国人民银行核准，江苏银行股份有限公司（以下简称"公司"） 于近日在银行间债券市场成功发行了"江苏银行股份有限公司 2024 年金融债券（第一期）（债券通）"（以下简称"本期债券"）。 本期债券发行总额为人民币 100 亿元，为 3 年期固定利率，票面 利率为 2.13%。 ...

Investment Rating - The investment rating for Jiangsu Bank is "Outperform the Market" and is maintained [1][3]. Core Views - Jiangsu Bank's net profit maintained double-digit growth in Q3 2024, with a year-on-year increase of 10.08%. Revenue for the same period grew by 4.25% year-on-year. For the first three quarters of 2024, revenue increased by 6.18% and net profit by 10.06% [3][4]. - The overall asset quality remains stable, with a non-performing loan ratio of 0.89% in Q3 2024, unchanged from the previous quarter. The coverage ratio for provisions is 351.03%, indicating sufficient risk mitigation capacity [3][4]. - The narrowing of net interest margin is noted, with a calculated net interest margin of 1.57% for the first three quarters of 2024, down by 1 basis point from the first half of 2024. The single-quarter net interest margin for Q3 2024 was 1.50%, a decrease of 6 basis points [4][3]. Financial Performance Summary - For 2024, the projected earnings per share (EPS) are 1.62, 1.80, and 2.00 for the years 2024, 2025, and 2026 respectively. The growth rates for net profit are forecasted at 9.31%, 10.06%, and 10.93% for the same years [4][5]. - The estimated reasonable value of the stock is between 10.1 and 10.38 yuan, corresponding to a price-to-earnings (PE) ratio of 6.21 to 6.39 for 2024 [4][5]. Market Performance - Jiangsu Bank's stock price has shown a fluctuation range of 6.36 to 9.27 yuan over the past 52 weeks, with a closing price of 9.20 yuan as of May 5, 2024 [1][2].

证券代码：600919 证券简称：江苏银行 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 2024 年 10 月投资者交流活动纪要 2024 年 10 月，江苏银行股份有限公司与投资者沟通交流主要情 况如下： 一、参与交流投资者信息 10 月 30 日，中金公司、工银安盛人寿、Allianz Global Investors Luxembourg S.A、太平保险资管、中信保诚资管、CIC Group、Morgan Stanley Investment Management Inc. 、 鑫 巢 资 本 、 Pacific Alliance Investment Management (HK) Limited、北京沣沛投资管理有限公司、 宁波彩霞湾投资管理合伙企业、前海瑞园、博道基金、银华基金、复 星高科技（集团）有限公司、中国人保资管理、永安国富资管、嘉实 基金、Point 72、永赢基金、Abu Dhabi Investment Authority、高毅资 产、海南进化论资产、宽远资产、兴证全球基金、华安基金、华泰证 券、中粮信托、交银施罗德基金、中信证券、上海域秀资管； 10 ...

证券代码：600919 证券简称：江苏银行 公告编号：2024-039 优先股代码：360026 优先股简称：苏银优 1 一、会议类型 江苏银行股份有限公司 关于召开 2024 年三季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 整性承担个别及连带责任。 重要内容提示 投资者可于 2024 年 11 月 13 日 17:30 前将重点关注的问题通 过电子邮件的形式发送至指定邮箱：dshbgs@jsbchina.cn。公司将在业 绩说明会上对投资者普遍关注的问题进行回答。 江苏银行股份有限公司（以下简称"公司"）于 2024 年 10 月 30 日披露《江苏银行股份有限公司 2024 年第三季度报告》。公司决定 召开 2024 年三季度业绩说明会，就经营发展情况进行沟通交流，广 泛听取投资者的意见和建议。 二、会议召开的时间、形式 （二）召开形式：上证路演中心网络互动 （三）召开网址：上证路演中心（https://roadshow.sseinfo.com/） 三、公司参会人员 公司相关董事、高级管理人员。如有特殊情况，参加人 ...

Investment Rating - The report maintains a "Buy" rating for Jiangsu Bank (600919 SH) [2] Core Views - Jiangsu Bank's Q3 2024 results show stable profit growth and positive net interest income [1][3] - Revenue growth of 6 2% YoY in the first three quarters - Net profit attributable to shareholders grew 10 1% YoY - Net interest income increased by 1 5% YoY - Non interest income grew 17 1% YoY - The bank's asset quality remains stable with NPL ratio unchanged at 0 89% [1][3] - Valuation shows a discount compared to other leading city commercial banks [6] Business Performance Revenue and Profit - Interest income growth remained positive at 1 5% YoY in Q3 2024 [1][3] - Net interest margin is expected to remain stable - Non interest income growth slowed to 17 1% from 19 7% in H1 2024 [3] - Investment income and other non interest income grew 26 5% YoY - Net fee income declined 11 9% YoY due to base effect and timing of fee expenses - Cost to income ratio improved by 0 7 percentage points YoY [3] - Credit impairment losses decreased by 1 5% YoY supporting net profit growth [3] Loan Growth - Total loans grew 10 6% YTD and 2 0% QoQ in Q3 2024 [1][4] - Corporate loans increased 18 8% YTD with 0 9% QoQ growth - Focus on manufacturing infrastructure and small micro enterprises - Retail loans grew 2 0% QoQ after a 0 8% YTD decline - Recovery in consumer loan demand - Deposit growth was 10 7% YTD though QoQ declined 0 7% [4] - Current deposit ratio remained stable at 27 9% Asset Quality - NPL ratio remained stable at 0 89% in Q3 2024 [1][3] - Provision coverage ratio declined by 6 percentage points to 351% [1][3] - Retail loan NPL ratio increased by 19bps to 0 98% YTD [6] - Personal business loan NPL ratio rose by 9bps to 1 58% - Corporate loan quality remains strong due to favorable regional economy [6] Interest Margin - Net interest margin is expected to remain stable in Q3 2024 [5] - Loan yield declined by 20bps to 4 98% in H1 2024 - Deposit cost improved by 15bps to 2 18% in H1 2024 - Further improvement expected due to deposit rate cuts - Time deposits account for 65% of total deposits Valuation and Outlook - The bank trades at 0 69x 2024 PB showing a discount to peers [6] - Full year 2024 revenue growth is expected at 4 2% with net profit growth of 10 0% [6] - Long term strategy remains clear with capital replenishment completed [6] - Positioned to become a leading city commercial bank