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 ...

在中国，银行才是真正的经济晴雨表。 江浙与成渝地区的优质银行，往往能把不良率控制在1%以下，而1%-2%的不良率是城商行的常态，2%以上的不良率属于资产质量相对较差。 要知道哪里经济发展好，看GDP数字可能体感不强，看看当地银行业绩，你能得出更切实的印证。 妙投的这篇研究文章很长，信息量极大，建议加个收藏，慢慢品读。 江浙力压群芳 2024年，在宏观增长有一定压力的情况下，江浙地区城农商行依然保持着领先其他区域的增长能力。 江浙地区是我国经济最发达的区域之一，有较高的市场化程度与治理水平，孕育了当地诸多的优秀城农商行。江苏银行、宁波银行、南京银行、杭州银行都 是国内规模前十的城商行，另外还有江阴银行、常熟银行、张家港行等7家规模不算大但业绩增长较强的上市农商行。 而这些优秀的城农商行，在近两年宏观经济承压的大背景下，仍保持住了自己的业绩。可见，并不躺平，仍有作为。 这是由于相比股市，银行才是我国融资的最重要途径。以前经济高速增长时，银行是"五朵金花"之一。现在进入新常态，银行的增速也显著降下来。 四月底，100多家城商行、农商行发布了年报。 相对于全国布局的国有化和股份行，城商行、农商行主要支持区域经济发展， ...

Core Viewpoint - The rapid redemption of bank convertible bonds is driven by the strong performance of underlying bank stocks, leading to a decrease in the number of outstanding convertible bonds in the market [1][2][4]. Group 1: Bank Convertible Bonds Redemption - Hangzhou Bank announced the early redemption of "Hangyin Convertible Bonds" due to triggering conditional redemption clauses, marking it as the third bank convertible bond to undergo forced redemption this year [2][3]. - As of May 26, 2025, Hangzhou Bank's stock price had closed above 130% of the bond's conversion price for 15 trading days, triggering the redemption [2][3]. - The number of outstanding bank convertible bonds is expected to decrease from 10 to 7 by the end of the year, with several bonds nearing redemption conditions [4]. Group 2: Market Dynamics and Trends - The strong performance of the banking sector, supported by high dividends and market risk aversion, has led to a rise in the China Securities Bank Index by over 7% this year [2][4]. - The scarcity of large convertible bonds is expected to increase due to the accelerated redemption process and the lack of new issuances in 2023 [4][5]. - Institutional reports indicate that the supply-demand imbalance for large convertible bonds will become more pronounced, with the total outstanding amount potentially decreasing from 170 billion to around 100 billion [4][5]. Group 3: Conversion Rates and Capital Supplementation - Historically, the conversion rates of bank convertible bonds have been low due to factors such as depressed stock prices and high conversion premiums [5][6]. - However, with rising stock prices, conversion rates are expected to improve, as evidenced by previous forced redemptions where conversion rates exceeded 99% [6]. - As of May 28, the unconverted balance of Hangyin Convertible Bonds has decreased significantly, indicating a trend towards higher conversion rates [6].

作 者丨林秋彤 编 辑丨曾芳 低利率环境下，银行股股息率"逆势而上"。 据wind数据，截至5月28日最新收盘， 42家A股上市银行中有15家银行的股息率已自2023年至今连续上升。 例如，南京银行2023年、2024年 和最新收盘的股息率分别为4.92％、5.11％、7.67％；江苏银行2023年、2024年和最新收盘的股息率分别为4.32％、4.78％、7.13％；渝农商 行2023年、2024年和最新收盘的股息率分别为3.95％、4.17％和6.60％。 此外，平安银行、民生银行、厦门银行和北京银行等，其股息率已经突破7％，且较今年年初有大幅上涨。截至最新收盘，上述几家银行股息 率分别为8.40％、8.10％、7.26％和7.02％，较2024年末分别上涨了3.11、3.60、2.36和1.91个百分点。 整体来看，42家A股上市银行中共有21家银行的最新收盘股息率较去年末有所上涨，有9家银行与去年末有所持平。 银行股走势稳健 与股息率"逆势而上"相对应的，是银行股走势稳健延续。 记者梳理发现，15家股息率连续上涨的银行中，除兰州银行和苏州银行外，其余13 家银行2024年全年股价涨幅均超过了40％。 ...

Group 1 - The core activity organized by Nanjing Bank Hangzhou Branch Youth League Committee is the "Xing Meihua · Supporting Growth" charity education event for 2025, along with the theme day activity "Inheriting Integrity and Strengthening Original Intent" [1][5] - The event involved collecting children's wishes from the Central Primary School in Zhongzhou Town, Chun'an, and employees actively donated various materials to fulfill these wishes [2] - On May 23, representatives from the bank delivered gifts with blessing tags to the children, who expressed joy, and a financial knowledge class titled "Little Banker" was conducted by a wealth manager from the bank [2][4] Group 2 - On May 24, the youth employees participated in a theme day activity at the Hai Rui Temple, where they learned about the integrity and diligence of the Ming Dynasty official Hai Rui, enhancing their awareness of self-discipline and improving work style [4] - This year marks the sixth consecutive year that the Youth League Committee of Nanjing Bank Hangzhou Branch has accompanied the children of Zhongzhou Town Central Primary School for the "June 1" Children's Day [5] - The bank emphasizes its cultural philosophy of "Responsible Finance, Harmonious Win-Win" and aims to continue fulfilling its social responsibilities while fostering integrity among its youth members [5]

Core Viewpoint - The performance of the China Securities Dividend Low Volatility 100 Index and its corresponding ETF indicates a positive trend in bank stocks, which are expected to attract long-term investment due to their stability and high dividend yield [2][3]. Group 1: Index and ETF Performance - As of May 28, 2025, the China Securities Dividend Low Volatility 100 Index rose by 0.35%, with notable increases in constituent stocks such as Nanjing Bank (up 2.93%) and China Petroleum (up 2.20%) [2]. - The Dividend Low Volatility 100 ETF (159307) increased by 0.19%, with a latest price of 1.05 yuan and a trading volume of 347.20 million yuan [2]. - The ETF's recent scale reached 9.67 billion yuan, marking a one-year high, and its shares totaled 9.28 billion, also a one-year high [3]. Group 2: Fund Inflows and Leverage - The Dividend Low Volatility 100 ETF has seen continuous net inflows over the past week, with a maximum single-day net inflow of 12.54 million yuan, totaling 47.21 million yuan in net inflows [3]. - The ETF's financing net purchase on the previous trading day was 1.03 million yuan, with a latest financing balance of 165.40 million yuan, indicating ongoing interest from leveraged funds [3]. Group 3: Historical Performance and Risk Metrics - Over the past year, the Dividend Low Volatility 100 ETF's net value increased by 6.19%, ranking first among comparable funds [4]. - The ETF's maximum drawdown this year was 6.18%, which is the smallest among comparable funds, with a recovery time of 36 days [4]. - The management fee for the ETF is 0.15%, and the custody fee is 0.05%, both of which are the lowest in its category [4]. Group 4: Top Holdings - As of April 30, 2025, the top ten weighted stocks in the Dividend Low Volatility 100 Index accounted for 19.66% of the index, with companies like Jizhong Energy and Daqin Railway among the top [5][8].

Core Viewpoint - The 11th anniversary of Nanjing Bank's Zhenjiang branch highlights its growth and contributions to the local economy, showcasing over 700 billion yuan in asset scale and numerous honors, reflecting its alignment with national strategies and commitment to community development [1][4]. Group 1: Achievements and Recognition - Nanjing Bank's Zhenjiang branch has achieved over 10 city-level industry innovations and nearly 180 internal and external honors, serving over 200,000 customers [1]. - The branch has received multiple awards, including "National Women's Civilization Post" and "Jiangsu Province Worker Pioneer," and has been recognized for its financial service contributions for four consecutive years [5]. Group 2: Party and Employee Engagement - The branch emphasizes party leadership and integration, launching initiatives to encourage employees to take on high-quality development responsibilities [3]. - Employee care initiatives have been implemented, including blood donation drives and community support activities, enhancing the branch's corporate image [4]. Group 3: Technological and Green Finance Innovations - The branch has developed a "dual express service" system for technology finance, focusing on early-stage project incubation and providing tailored financing solutions for tech companies [6][7]. - Nanjing Bank has introduced innovative green finance products, such as carbon footprint-linked loans, promoting low-carbon transformation in industries [9][10]. Group 4: Inclusive Finance for Small Enterprises - The branch's inclusive finance initiatives have led to a 24% increase in loans, with the "Xin Transfer Loan" product serving nearly 200 small enterprises, totaling over 1.4 billion yuan [11][12]. - Customized financial solutions are provided for various sectors, including manufacturing and agriculture, to support small and micro enterprises [12]. Group 5: Elderly and Digital Financial Services - The branch has established "Elderly Care Zones" to enhance financial services for senior citizens, implementing a "five ones" service standard [13][14]. - Digital financial services have been expanded through the "Xin e-Ban" platform, improving efficiency and customer experience across various sectors [15][16]. Group 6: Future Directions - The branch aims to align with the "Industry Strong City" strategy, focusing on innovation and comprehensive financial services to support Zhenjiang's economic development [19].

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。 近日，南京银行股份有限公司（以下简称"本公司"）收到国家金融监督管 理总局江苏监管局下发的《江苏金融监管局关于吴弘南京银行独立董事任职资格 的批复》（苏金复〔2025〕157 号），核准吴弘先生担任本公司独立董事的任职 资格。 吴弘先生担任本公司独立董事的任期自国家金融监督管理总局江苏监管局 核准其任职资格之日起生效，至本公司第十届董事会任期届满之日止，任期届满 可以连选连任。吴弘先生的简历请见本公司刊登在上海证券交易所网站 （www.sse.com.cn）的《南京银行股份有限公司 2024 年年度报告》。 | 证券简称: | 南京银行 | 证券代码: | 601009 | 编号:2025-018 | | --- | --- | --- | --- | --- | | 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 ...

Core Insights - Financial sector plays a crucial role in promoting technological innovation, with Zhejiang province enhancing financial policy tools to support digital, intelligent, and green transformations [1][2] - As of the end of Q1, the loan balance for the technology service industry in Zhejiang reached 3.17 trillion yuan, marking a year-on-year growth of 19.6%, surpassing the overall loan growth rate by 10.9 percentage points [1] Group 1: Financial Support and Policy Initiatives - Zhejiang province has implemented the "Implementation Rules for Increasing Support for Technology Enterprises Financing," focusing on enhancing financial services for technology firms [1] - The province has initiated a special action to improve technology financial service capabilities, establishing a "four-special" service mechanism involving specialized teams, products, processes, and evaluations [1] Group 2: Regional Financial Innovations - The People's Bank of China, Zhejiang branch, is guiding the establishment of a robust technology financial service system in Hangzhou and Jiaxing, with significant loan growth in these areas [2] - As of March, the technology service industry loan balance in Hangzhou grew by 14.8%, while Jiaxing saw a remarkable increase of 27.5%, both exceeding the overall loan growth rates [2] Group 3: Innovative Financial Products - Zhejiang province is diversifying technology financial product offerings, encouraging banks to develop equity loans and acquisition loans to support strategic emerging industries [2] - The "Zhe Ke Loan" financing service has been introduced, providing hard technology enterprises with favorable loan terms, including maximum loan amounts, extended durations, and optimal interest rates [2] - Jiaxing Bank is exploring a "twin investment-loan" model to address challenges in external investment-loan coordination, while Hangzhou Bank collaborates with third-party investors to support technology enterprises through equity options [2]