中信建投证券股份有限公司（以下简称"中信建投"）作为南京银行股份 有限公司（以下简称"南京银行"或"公司"）公开发行A股可转换公司债券 的保荐人，根据《证券发行上市保荐业务管理办法》《上海证券交易所股票上 市规则》《可转换公司债券管理办法》《上海证券交易所上市公司自律监管指 引第1号——规范运作》《上海证券交易所上市公司自律监管指引第12号——可 转换公司债券》等相关法律、法规和规范性文件的规定，对南京银行提前赎回 "南银转债"的情况进行了核查，核查情况如下： 中信建投证券股份有限公司关于南京银行股份有限公司 提前赎回"南银转债"的核查意见 一、"南银转债"的发行上市情况 （一）发行上市情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准南京 银行股份有限公司公开发行可转换公司债券的批复》（证监许可〔2021〕1582 号）核准，南京银行于2021年6月15日公开发行了20,000万张可转换公司债券， 每张面值人民币100元，按面值发行，发行总额人民币200亿元，期限6年，票面 利率为第一年0.20%、第二年0.40%、第三年0.70%、第四年1.20%、第五年 1.70%、第六年2.00%。经 ...

| 证券简称: | 南京银行 | 证券代码: | 601009 | 编号: | 2025-021 | | --- | --- | --- | --- | --- | --- | | 优先股简称：南银优 | 1 | | | 优先股代码：360019 | | | 南银优 | 2 | | | 360024 | | | 可转债简称：南银转债 | | | | 可转债代码：113050 | | 南京银行股份有限公司 第十届董事会第十次会议决议公告 特别提示： 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法律责任。 南京银行股份有限公司（以下简称"公司"）第十届董事会第十次会议于 2025 年 6 月 9 日以现场结合电话方式在公司河西总部大楼召开。会议通知及会 议文件于 2025 年 6 月 9 日以电子邮件方式发出。根据《上海证券交易所上市公 司自律监管指引第 12 号——可转换公司债券》及《南京银行股份有限公司章程》 有关规定，本次会议豁免通知时限要求。谢宁董事长主持了会议，参会人员通过 现场结合电话方式出席会议。本次董事会会议应到有表决权董 ...

| 证券简称: | 南京银行 | 证券代码: | 601009 | 编号: | 2025-021 | | --- | --- | --- | --- | --- | --- | | 优先股简称：南银优 | 1 | | | 优先股代码：360019 | | | 南银优 | 2 | | | 360024 | | | 可转债简称：南银转债 | | | | 可转债代码：113050 | | 南京银行股份有限公司 特别提示： 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法律责任。 南京银行股份有限公司（以下简称"公司"）第十届董事会第十次会议于 2025 年 6 月 9 日以现场结合电话方式在公司河西总部大楼召开。会议通知及会 议文件于 2025 年 6 月 9 日以电子邮件方式发出。根据《上海证券交易所上市公 司自律监管指引第 12 号——可转换公司债券》及《南京银行股份有限公司章程》 有关规定，本次会议豁免通知时限要求。谢宁董事长主持了会议，参会人员通过 现场结合电话方式出席会议。本次董事会会议应到有表决权董事 10 人，实到董 事 8 人 ...

Core Viewpoint - The recent trend of lowering deposit interest rates by small and medium-sized banks in China is prompting depositors to reconsider their investment strategies, leading to a surge in bank wealth management products as an alternative to traditional savings accounts [1][2][3]. Group 1: Deposit Rate Adjustments - Following the major state-owned and joint-stock banks, small and medium-sized banks in regions such as Hunan, Jiangsu, Anhui, Guangdong, Guangxi, and Henan have also reduced deposit interest rates since late May [1][2]. - Many city commercial banks have set their fixed deposit rates below 1.5%, with some even dropping to 1% or lower, which contrasts sharply with the approximately 2% expected returns from wealth management products [1][2]. - For instance, Nanjing Bank has adjusted its fixed deposit rates to 0.7%, 0.95%, 1.15%, 1.25%, 1.35%, and 1.35% for different terms, while Beijing Bank has similar reductions [2]. Group 2: Shift to Wealth Management Products - As deposit rates decline, banks are intensifying their marketing efforts for wealth management products, which are becoming increasingly attractive to depositors seeking better returns [4][5]. - The rapid growth of bank wealth management products is evident, with the total scale reaching 31.24 trillion yuan by June 3, an increase of 144 billion yuan since the end of April [6]. - Wealth management products, particularly short-term fixed-income products, are now viewed as viable alternatives to traditional savings accounts, especially for interest-sensitive customers [4][7]. Group 3: Fee Reductions and Promotions - In response to the competitive landscape, several wealth management companies have announced fee reductions for their products, with some fees dropping to as low as 0.01% [5]. - For example, Zhongyin Wealth Management has reduced management fees for over 20 products since May 20, while Agricultural Bank Wealth Management has also lowered fees for various open-ended products [5]. Group 4: Market Dynamics and Growth Drivers - The influx of deposits into wealth management products is driven by factors such as the migration of funds from traditional savings accounts and aggressive marketing strategies by banks [6]. - Current average yields for newly issued wealth management products exceed 2.50%, with some reaching around 3%, making them more appealing compared to declining deposit rates [6][7].

Group 1 - Nanjing Bank's convertible bond "Nan Yin Convertible Bond" may meet redemption conditions as its stock price has been above the conversion price threshold for a significant number of trading days [1] - The stock price of Nanjing Bank was reported at 11.29 yuan per share as of June 6, indicating a high likelihood of triggering the strong redemption clause [1] - If triggered, this will mark the third bank convertible bond to reach strong redemption this year [1] Group 2 - Nanjing Bank issued 200 billion yuan of convertible bonds on June 15, 2021, with a six-year term and a tiered interest rate structure [2] - Hangzhou Bank also announced early redemption of its "Hang Yin Convertible Bond" due to its stock price meeting the necessary criteria [2][3] - The first bank convertible bond to trigger strong redemption this year was Suzhou Bank's "Su Hang Convertible Bond," which was redeemed on January 21, 2025 [4] Group 3 - The market for bank convertible bonds is shrinking, with only 10 remaining in circulation, and further reductions expected as bonds approach maturity [7] - The current market size of bank convertible bonds is approximately 200 billion yuan, accounting for 27% of the total convertible bond market [7] - The trend indicates a potential scarcity of high-quality convertible bonds, which may lead to increased valuations for remaining bonds [7][8] Group 4 - The demand for bank convertible bonds remains strong due to their high credit ratings and liquidity, despite a lack of new issuances since 2023 [8] - There is a notable increase in banks' willingness to convert bonds into equity, although many existing bonds still have low conversion rates [8]

证券研究报告 南京银行 (601009 CH) 2025 年中期策略会速递— 业绩稳健增长，转债强赎可期 | 华泰研究 | | | 更新报告 | | --- | --- | --- | --- | | 2025 年 | 6 月 | 05 日│中国内地 | 区域性银行 | 6 月 4 日南京银行出席我们组织的 2025 年中期策略会，核心要点包括：1） 预计全年信贷同比多增，但零售需求与风险改善趋势仍待观察；2）存款迎 重定价高峰，负债成本持续优化；3）转债转股可期，夯实公司资本。 信贷有力投放，资产质量稳健 南京银行 24 年/25Q1 贷款同比+14.3%/+14.7%，新增贷款 1573/897 亿元。 Q1 信贷有力投放，为全年奠定较好基础，公司预计能够顺利完成目标，实 现同比多增。年初以来零售投放回暖，主要系按揭增势较好。消费贷方面， 南银法巴在两年快速增长后逐步进入稳定期，平台贷款方面更加谨慎，今年 整体会在管控风险的前提下进行零售投放安排。资产质量表现看，公司不良 走势平稳，25Q1 不良率环比持平至 0.83%。零售不良生成短期或仍有波动， 但随存量不良出清，更多核销资源向零售倾斜，25Q1 零 ...

证券研究报告 南京银行 (601009 CH) 2025 年中期策略会速递— 业绩稳健增长，转债强赎可期 | 华泰研究 | | | 更新报告 | | --- | --- | --- | --- | | 2025 年 | 6 月 | 05 日│中国内地 | 区域性银行 | 6 月 4 日南京银行出席我们组织的 2025 年中期策略会，核心要点包括：1） 预计全年信贷同比多增，但零售需求与风险改善趋势仍待观察；2）存款迎 重定价高峰，负债成本持续优化；3）转债转股可期，夯实公司资本。 信贷有力投放，资产质量稳健 南京银行 24 年/25Q1 贷款同比+14.3%/+14.7%，新增贷款 1573/897 亿元。 Q1 信贷有力投放，为全年奠定较好基础，公司预计能够顺利完成目标，实 现同比多增。年初以来零售投放回暖，主要系按揭增势较好。消费贷方面， 南银法巴在两年快速增长后逐步进入稳定期，平台贷款方面更加谨慎，今年 整体会在管控风险的前提下进行零售投放安排。资产质量表现看，公司不良 走势平稳，25Q1 不良率环比持平至 0.83%。零售不良生成短期或仍有波动， 但随存量不良出清，更多核销资源向零售倾斜，25Q1 零 ...

Core Points - The city has issued a total of 7.68 million third-generation social security cards, enhancing convenience and benefits for citizens [2] - The social security card has been integrated into various sectors, including healthcare, transportation, and cultural tourism, allowing for seamless services [3] - Future plans include leveraging AI and big data to analyze cardholder preferences and enhance personalized services [4] Group 1: Social Security Card Issuance - The third-generation social security card was first issued in January 2021, with ongoing efforts to promote its use and benefits [2] - A total of 7.68 million cards have been issued, with 9.35 million instances of "one card for all" services across various sectors [2] Group 2: Service Integration - The social security card can be used for direct settlement in all connected hospitals and pharmacies, with 76 hospitals offering work-related injury settlements [3] - Public transportation, including buses, taxis, and shared bicycles, accepts the social security card, providing discounts for specific groups [3] - Over 50 cultural and tourism sites allow entry using the social security card, facilitating easy access to recreational activities [3] Group 3: Future Developments - The city plans to strengthen cooperation with financial institutions to enhance social security card services [4] - There is a focus on utilizing new technologies to analyze user preferences and improve data security management [4] - The goal is to increase the "convenience index" for cardholders, thereby enhancing their overall satisfaction [4]

随着银行板块持续走强，银行转债接连因触发强赎条件退出转债市场。 近期，南京银行的股票价格已连续多日不低于南银转债的130%，南银转债即将触发提前赎回条件。在触发提前赎回条件后，南京银行将根据转债募集说明书相关 约定，作出是否强赎的决定。 目前，成银转债、苏行转债已从交易所摘牌，杭银转债进入强赎程序中。若南银转债启动强赎程序，将成为今年以来第4只强赎退出的银行转债。业内人士指出， 银行板块的强势走高，将为银行转债转股缓解转债偿债压力，同时补充核心一级资本，提供有利的环境。不过，银行转债的接连退出，也将加剧大额蓝筹品种的稀 缺性和供需矛盾。 南银转债即将触发提前赎回条件 继苏州银行、成都银行、杭州银行之后，南京银行发行的可转债濒临触发强赎条件。 5月30日晚，南京银行发布公告称，股票自5月13日至5月30日的14个交易日中已有10个交易日的收盘价不低于南银转债当期转股价格8.22元/股的130%（含 130%），即10.69元/股。 若在未来16个交易日内，公司股票仍有5个交易日的收盘价格不低于南银转债当期转股价格8.22元/股的130%（含130%），将触发南银转债的赎回条款。届时，根 据《募集说明书》有条件赎 ...

南京银行股份有限公司（以下简称"公司"）股票自 2025 年 5 月 13 日至 2025 年 5 月 30 日的 14 个交易日中已有 10 个交易日的收盘价不低于"南银转债"当期转 股价格 8.22 元/股的 130%（含 130%），即 10.69 元/股。 若在未来 16 个交易日内，公司股票仍有 5 个交易日的收盘价格不低于"南银转 债"当期转股价格 8.22 元/股的 130%（含 130%），即 10.69 元/股（若在上述交易日 内发生因除权、除息等引起公司转股价格调整的情形，则在调整前的交易日按调整 前的转股价格和收盘价格计算，在调整后的交易日按调整后的转股价格和收盘价格 计算），将触发"南银转债"的赎回条款。届时，根据《南京银行股份有限公司公开 发行 A 股可转换公司债券募集说明书》（以下简称"《募集说明书》"）有条件赎回条 款的相关约定，公司有权决定按照债券面值加当期应计利息的价格赎回全部或部分 未转股的"南银转债"。 证券简称: 南京银行 证券代码: 601009 编号: 2025-019 优先股简称：南银优 1 优先股代码：360019 可转债简称：南银转债 可转债代码：113050 ...