12月17日，杭州银行连发多份公告，宣布董事会审议通过不再设立监事会的议案；监事长王立雄因"岗 位调整"辞去所有监事职务，同时被董事会聘任为副行长。这位年薪近250万元的前副行长在监事会任职 两年多后，将重返高管队伍。 据财报信息，王立雄上任后，杭州银行副行长将增至7人，但行长职位空缺已超8个月。2025年4月初， 杭州银行原行长虞利明上任两年多后因"个人原因"突然离职，该行董事长宋剑斌开始代履行长职责至 今。据金融监管部门现行规定，宋剑斌代为履行杭州银行行长一职是否已经超过6个月的监管线引发外 界猜疑。 监事长上任两年多后重任副行长 据公告，虞利明离职后，杭州银行董事会决议由宋剑斌代为履行行长职责，代为履职期限自董事会决议 通过之日起，至新任行长任职资格获监管机构核准之日止。截至目前，宋剑斌代任时长已超8个月。 12月17日，杭州银行发布公告称，该行监事会收到公司监事长、职工监事王立雄提交的书面辞职报告。 因岗位调整的原因，王立雄申请辞去公司第八届监事会监事长、职工监事及监事会监督委员会委员职 务。 同日，杭州银行公告披露，该行董事会审议通过《关于不再设立监事会的议案》，同时决定聘任王立雄 为公司副行长，任 ...

| 姓名 | 离任职务 | 辞职信送 | 原定任期 | 离任原因 | 是否继续 在上市公 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | | | | 达时间 | 到期日 | | 司任职 | 毕的公开 | | | | | | | | 承诺 | | 壬立雄 | 监事长、职 工监事、监 | 2025 年 12 | 2026 年 7 | 岗位调整 | 是 | 否 | | | 事会监督委 | 月 17 日 | 月 17 日 | | | | | | 员会委员 | | | | | | 公开资料显示，王立雄曾任杭州银行副行长约6年，后转任监事长，此次又回归到高级管理层，担任副行长职务。 12月17日，杭州银行发布公告称，该行监事会收到监事长、职工监事王立雄提交的书面辞职报告。因岗位调整的原因，王立雄申请辞去第八届监事会监事 长、职工监事及监事会监督委员会委员职务。王立雄辞任后，继续担任党委委员，同时，将担任副行长。 2025年4月2日，杭州银行发布公告，虞利明因个人原因辞去副董事长、行长等职务。此后，该行行长一职便空缺至今。而代行行长职责的宋剑斌，至今已代 ...

Core Viewpoint - Several brokerage firms, funds, and insurance asset management institutions are evaluating listed banks to optimize asset allocation and investment strategies for the coming year, with a focus on net interest margin performance [1] Group 1: Net Interest Margin Stability - Multiple banks have indicated that net interest margins have shown signs of stabilization in Q3, with a narrowing of the overall decline and an improvement in funding costs expected over the next three years [1] - Hangzhou Bank reported that its net interest margin remained stable at the end of Q3 compared to the end of Q2, with a marginal narrowing of the annual decline expected [1] - Suzhou Bank stated that its net interest margin has narrowed less than the industry average this year, supporting growth in net interest income [2] Group 2: Strategies for Managing Interest Margin - Banks are actively exploring ways to alleviate interest margin pressure through optimizing asset-liability structures and enhancing non-interest income [1] - Chongqing Rural Commercial Bank noted that its Q3 interest margin stabilized due to a slowdown in the decline of asset yields and a faster decrease in liability interest rates [2] - Ouyang Rihui emphasized the importance of increasing the proportion of intermediary business income and investing in information technology to improve interest margin management [3] Group 3: Regional Banks' Performance - The Q3 reports of listed banks show structural differentiation in net interest margins, with some regional banks experiencing improvement [3] - A report indicated that net interest margins for city commercial banks and rural commercial banks continued to stabilize in the first three quarters of 2025, with a decrease in the cost of interest-bearing liabilities [4] - Some regional banks, such as Jiangyin Bank and Chongqing Bank, reported an increase in net interest margins at the end of Q3 compared to the end of Q2 [3][4] Group 4: Future Outlook - Some banks anticipate that the trend of improving interest margins will continue into 2026, with Qingnong Commercial Bank indicating that its interest margin is expected to remain stable [5] - Factors such as the repricing of existing loans and adjustments in deposit pricing strategies are expected to support net interest margins moving forward [5]

Group 1 - The core point of the article is the significant personnel and governance structure adjustments at Hangzhou Bank following the implementation of the new Company Law, including the decision to abolish the supervisory board and the appointment of Wang Lixiong as vice president [1][4]. Group 2 - Hangzhou Bank announced that it will no longer establish a supervisory board, with the proposal needing to be submitted for shareholder meeting approval [4]. - Wang Lixiong, who has extensive experience in the banking sector, has been appointed as vice president after resigning from his position as chairman of the supervisory board [1][2]. - The bank's board has praised Wang Lixiong's contributions during his tenure as chairman, highlighting his efforts in enhancing the supervisory system and protecting the rights of stakeholders [2]. Group 3 - As of the announcement date, Hangzhou Bank has a total of seven vice presidents, with the position of president currently vacant [3]. - The changes in governance are influenced by the new Company Law, which allows companies to set up an audit committee within the board instead of maintaining a supervisory board [4]. - Over 20 banks have initiated procedures to abolish their supervisory boards since the new Company Law came into effect on July 1, 2024 [4].

Core Viewpoint - The issuance of technology innovation bonds by banks has significantly increased since the announcement by the central bank and the China Securities Regulatory Commission on May 7, with a total issuance scale reaching 301.4 billion yuan by December 18, 2023 [1][2]. Issuance Scale - A total of 67 banks have issued 75 technology innovation bonds, with state-owned banks being the primary issuers, accounting for 38.16% of the total issuance [1][3]. - The six major state-owned banks have collectively issued bonds worth 115 billion yuan, while city commercial banks and rural commercial banks have issued 74.9 billion yuan and 15 billion yuan, respectively [1][5]. - The issuance period is mainly concentrated in 5-year bonds, followed by 3-year bonds, with a small number of 6-month and 7-year bonds [1][9]. Interest Rates - The interest rates for the issued bonds range from 1.67% to 2.07%, with state-owned banks having slightly lower rates between 1.65% and 1.81% [1][7]. - City commercial banks and rural commercial banks have higher rates, with many exceeding 1.8% [1][9]. - The policy banks have rates of 1.4% for the National Development Bank and 1.65% for the Agricultural Development Bank [1][7]. Fund Allocation - The funds raised from technology innovation bonds are directed towards technology innovation sectors, including issuing loans for technology and investing in technology innovation enterprises [6].

在此次会议上，杭州银行审议通过了不再设立监事会的议案。 虽然撤销监事会的流程尚未走完，但王立雄已经先走一步。同日，王立雄递交了辞任监事长的辞呈，辞 任当日生效。 辞任监事长的王立雄，当日就被董事会聘任为副行长，成为杭州银行第七位副行长。 瑞财经 王敏 12月17日，在杭州市上城区解放东路杭银大厦的4楼会议室，53岁的杭州银行监事长王立雄 主持了最后一次监事会会议。 虞利明因个人原因辞去公司副董事长、行长等职务，其辞职自辞职报告送达公司董事会时生效。 王立雄先生，1972年11月出生，项目管理硕士，高级经济师。现任杭州银行党委委员。曾任杭州银行保 俶支行行长助理、副行长，公司业务部副总经理、信贷管理部副总经理、授信审批部副总经理（主持工 作），萧山支行行长，公司业务总部总经理、国际业务部总经理，上海分行党委书记、行长，杭州银行 副行长，杭州银行监事长。 值得注意的是，杭州银行行长一职目前仍处于空缺状态，由董事长宋剑斌代行行长职责。 4月2日，杭州银行公告称，董事会收到虞利明的书面辞职报告。 经公司第八届董事会第十四次会议审议同意，由公司董事长宋剑斌代为履行行长职责，代为履职期限自 董事会决议通过之日起，至新任行 ...

Group 1 - The core viewpoint of the articles indicates that since 2025, there has been an accelerated redemption of bank preferred shares, with several banks announcing their plans to redeem these shares, leading to a shrinking market for preferred stocks, particularly in the banking sector [1][4][7] - As of December 18, 2023, a total of 55 preferred shares have been issued, raising a total of 906.55 billion yuan, with bank preferred shares accounting for 35 of these, totaling 839.15 billion yuan [1][4] - The redemption trend is primarily driven by banks seeking to optimize financing costs, with significant redemptions occurring this year compared to only two last year [4][7] Group 2 - The preferred shares are a major component of bank wealth management products, with over 90% of equity investments in these products being allocated to preferred shares [2][10] - Due to the shrinking market for preferred shares, wealth management products are now looking for alternative investment options, as the supply of preferred shares diminishes [3][10] - The issuance of perpetual bonds has surged, with 69 perpetual bonds issued this year, totaling 821.8 billion yuan, indicating a shift in capital-raising strategies among banks [8][12] Group 3 - The redemption of preferred shares must comply with capital adequacy requirements, necessitating prior approval from regulatory authorities to ensure banks maintain sufficient capital levels [8] - The fixed and floating interest rates of preferred shares are subject to adjustments, with some banks reducing their dividend rates in response to changing market conditions [7] - The overall market for equity assets in bank wealth management has been declining, with the proportion of equity assets dropping from 4.8% in 2020 to around 2% by the end of 2023 [10][11]

Banking Sector - The banking sector experienced a rebound, with Shanghai Bank rising over 3% [3] - The average dividend yield for the banking sector is currently 5.2%, significantly higher than the 10-year government bond yield [8] - The sector is transitioning from "cyclical speculation" to a new phase of "allocation dividends," with a focus on high dividend investments [8] Retail Sector - Retail concepts strengthened, with Central Plaza and Shanghai Jiubai reaching their daily limit [3] - New World City, a major modern department store, is actively expanding its appeal to the "Z generation" consumer group [3] Commercial Aerospace Sector - The commercial aerospace sector saw a surge, with companies like Starry Technology and Shunhao Co. hitting their daily limit [5][9] - Starry Technology reported successful delivery of products for rocket launch ground equipment, with plans for mass production starting in 2026 [11] - Recent policies and technological advancements are expected to accelerate the development of the commercial aerospace industry in China [11][12] Pharmaceutical Sector - The pharmaceutical commercial sector continued its strong performance, with companies like Luyan Pharmaceutical achieving consecutive gains [5]

Banking Sector - The banking sector experienced a rebound, with Shanghai Bank and Chongqing Rural Commercial Bank both rising over 3% [7][9] - Recent reports indicate that listed banks are expected to see improved revenue and profit growth in 2026 and 2027, driven by narrowing net interest margin pressure, quality-focused credit issuance, and stabilizing fee income growth [9] - The average dividend yield for the banking sector is currently at 5.2%, significantly higher than the 10-year government bond yield, indicating a shift towards a "high dividend + high quality" investment cycle [9][10] Retail Sector - The retail sector showed strength, with Central Plaza and Shanghai Jiubai hitting the daily limit, and New World achieving a rapid surge shortly after market opening [3] - New World is focusing on attracting the "Z generation" consumer group and has plans to launch popular IP exhibitions [3] Commercial Aerospace Sector - The commercial aerospace sector is witnessing a surge, with companies like Star Technology and Shunhao Co. hitting the daily limit [5][11] - Star Technology has secured several orders in the commercial aerospace field and plans to initiate mass production in 2026 to meet the growing demand from private aerospace companies [14] - Recent policy support from the National Space Administration aims to promote high-quality development in the commercial aerospace sector, which is expected to accelerate the implementation of various industry chain segments [14][15]

证券日报网讯 12月17日晚间，杭州银行发布公告称，公司第八届董事会第二十三次会议审议通过《杭 州银行股份有限公司2025年度经营预测及2026年度经营预算的初步安排》等多项议案。 （文章来源：证券日报） ...