| 证券简称: | 南京银行 | 证券代码: | 601009 | 编号: | 2025-052 | | --- | --- | --- | --- | --- | --- | | 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 本次提前赎回完成后，"南银转债"将自 2025 年 7 月 18 日起在上海证券交 易所摘牌。 1 赎回登记日：2025 年 7 月 17 日 赎回价格：100.1537 元/张 赎回款发放日：2025 年 7 月 18 日 最后交易日：2025 年 7 月 14 日 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。 重要内容提示： 截至 2025 年 7 月 14 日收市后（自 2025 年 7 月 15 日起），"南银转债"停止交 易。 最后转股日：2025 年 7 月 17 日 截至 2025 年 7 月 15 日收市后， ...

近年来，南京银行泰州分行积极响应国家政策号召，立足地方实际，充分发挥金融优势，通过打造本地 特色消费场景、深化与优质商户合作等方式，不断激发消费市场活力，为地方经济发展注入新动能。 南京银行泰州分行围绕本地居民的消费需求，精心布局特色消费场景，与多家优质商户深度合作，丰富 消费体验，助力地方经济发展。例如，该行与靖江市知名水果连锁品牌"小江哥"达成战略合作，将"小 江哥"水果连锁店成功上线至南京银行总行商城特色专区。新客户可享受0元购水果福利，还有满减、折 扣等专属优惠。此举不仅为"小江哥"水果店拓宽了销售渠道，提升了品牌影响力，也让银行客户享受到 更实惠、便捷的购物体验，实现了银企共赢。 "近年来，我们不断尝试创新金融服务模式，优化消费生态体系。通过与本地优质商户的深度合作，为 客户提供了更加多元化、个性化的消费选择，同时也为商户带来了更多流量和收益。"南京银行泰州分 行零售金融部负责人这样表示。无论是"小江哥"水果连锁店特色场景的上线，还是"银行网点+便利 店"的创新模式，都体现了该行在提振和扩大消费，推动地方经济发展中的担当精神与创新意识。 此外，南京银行泰州分行还与罗森便利店合作，开创性地推出了"银行 ...

Group 1 - The current period marks a peak for cash dividends among listed banks in A-shares, with over 30 banks having announced their annual dividends [1] - Industrial and Commercial Bank of China (ICBC) distributed approximately 44.378 billion yuan in cash dividends on July 14, with a per-share dividend of about 0.16 yuan [1] - Other banks such as China Merchants Bank and Agricultural Bank of China have also announced significant cash dividends, with China Merchants Bank distributing around 41.258 billion yuan and Agricultural Bank of China planning to distribute approximately 40.065 billion yuan [1] Group 2 - Several listed banks have indicated intentions for mid-term dividends for 2025, with Changsha Bank planning to distribute dividends based on its net profit, which has totaled 9.373 billion yuan from 2018 to 2024 [2] - The banking sector has shown strong stock performance this year, with several banks experiencing stock price increases exceeding 30% as of July 14 [2] - High dividend yields, with some banks exceeding 4.5%, are contributing to the positive performance of bank stocks, as the average dividend yield of state-owned banks surpasses the yield of 10-year government bonds [2] Group 3 - Multiple brokerages remain optimistic about bank stocks, citing the increasing certainty of insurance capital allocation to bank stocks amid an "asset shortage" [3] - The long-term investment and value investment strategies of insurance capital align with the stable dividend yields and potential for performance improvement in the banking sector [3] - A series of financial policies and structural tools are expected to support the positive accumulation of fundamental factors for banks, indicating a potential performance turning point [3] Group 4 - Some banks have announced share buyback plans, but these have been delayed due to stock price fluctuations and other factors, as seen with Huaxia Bank's announcement regarding its planned share buyback [4] - Chengdu Bank's major shareholders have also postponed their buyback plans due to the stock price exceeding the set upper limit, with the stock reaching a historical high of 20.96 yuan per share [4] - The implementation of buyback plans will depend on future stock price movements and overall market trends [4]

| 证券简称: 南京银行 | | 证券代码: | 601009 | 编号: | 2025-051 | | --- | --- | --- | --- | --- | --- | | 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 关于实施"南银转债"赎回暨摘牌的 第二十次提示性公告 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。 重要内容提示： 截至 2025 年 7 月 14 日收市后（自 2025 年 7 月 15 日起），"南银转债"停止交 易。 最后转股日：2025 年 7 月 17 日 截至 2025 年 7 月 14 日收市后，距离 2025 年 7 月 17 日（"南银转债"最后转股 日）仅剩 3 个交易日，2025 年 7 月 17 日为"南银转债"最后一个转股日。 本次提前赎回完成后，"南银转债"将自 2025 年 7 月 ...

Investment Rating - The report maintains a "Recommended" rating for the banking sector, highlighting its value for long-term investment [5][29]. Core Insights - The recent adjustments in insurance fund management are expected to enhance the dividend value of bank stocks, promoting long-term and stable investments [5][8]. - The banking sector's performance has been relatively weak compared to the broader market, with a decline of 1% in the banking sector against a 0.82% increase in the CSI 300 index [5][9]. - As of July 11, 2025, the banking sector's price-to-book (PB) ratio stands at 0.70, with a dividend yield of 5.54%, indicating attractive valuation levels [5][20]. Summary by Sections Latest Research Insights - The Ministry of Finance issued a notice on July 11, 2025, to guide insurance funds towards long-term stable investments, adjusting performance evaluation metrics for state-owned commercial insurance companies [7][8]. - The new evaluation method emphasizes a combination of annual and multi-year performance indicators, aiming to enhance the stability and growth of insurance capital [7][8]. Weekly Market Performance - The banking sector saw a 1% decline, while the CSI 300 index rose by 0.82%. Notably, state-owned banks increased by 1.31%, while city commercial banks and joint-stock banks experienced declines of 2.69% and 1.53%, respectively [5][9]. - Individual bank performances varied, with Xiamen Bank leading with an 8.73% increase, while several banks like Shanghai Bank and Jiangsu Bank faced notable declines [9][16]. Valuation and Company Analysis - As of July 11, 2025, the banking sector's PB ratio is 0.75, reflecting a 45.73% discount compared to the overall A-share market [20][25]. - The report lists key banks with their respective valuations, indicating a general decline in revenue and net profit for Q1 2025 compared to the previous year [25][28]. Investment Recommendations - The report suggests that the enhanced evaluation of insurance funds will lead to increased allocation towards equity assets, benefiting the banking sector [5][29]. - Specific banks recommended for investment include Industrial and Commercial Bank of China, Agricultural Bank of China, Postal Savings Bank of China, and others, indicating a positive outlook for their performance [5][29].

【导读】Z南银转、Z陵转债、Z恒转债最后2小时交易 批量来袭！一天3只转债最后交易日，若不卖出、不转股，最高可能亏超30%。 Z南银转（南银转债）、Z陵转债（金陵转债）、Z恒转债（川恒转债）3只转债的最后交易日是7月14日。如果不及时卖出，而后几天又不及时转股，将按 照100元出头强赎，投资者将面临较大的亏损。 目前Z南银转、Z陵转债、Z恒转债7月14日上午收盘价格分别为145.56元、124.003元、133.803元，3只转债的强赎价分别为100.1537元、101.726元、 101.397元。如果被强赎，按目前价格将分别亏损31.19%、18.77%、24.97%。 Z南银转上午收盘价为145.56元 赎回价为100.154元 Z南银转的最后交易日为7月14日，上午收报于145.56元，该转债的赎回价格为100.1537元。 此前，Z南银转的正股南京银行已经发布了19次转债赎回和摘牌提示公告。7月14日为最后交易日，7月17日为最后转股日。根据目前价格，如果不及时卖 出或转股，将面临较大亏损。 | 证券简称:南京银行 | 证券代码:601009 | 编号: 2025-050 | | --- | --- ...

Core Viewpoint - Three convertible bonds, Z Nan Yin (南银转债), Z Ling (陵转债), and Z Heng (恒转债), are approaching their last trading day on July 14, with significant potential losses if not sold or converted before the redemption price is enforced [2][6][17]. Summary by Sections Z Nan Yin Convertible Bond - Z Nan Yin's last trading day is July 14, with a closing price of 145.56 yuan and a redemption price of 100.1537 yuan [3][4]. - If not sold or converted, investors could face a loss of approximately 31.19% based on current prices [2]. Z Ling Convertible Bond - Z Ling's last trading day is also July 14, with a closing price of 124.003 yuan and a redemption price of 101.726 yuan [9][11]. - Investors risk a loss of about 18.77% if they do not act before the redemption [2]. Z Heng Convertible Bond - Z Heng's last trading day is July 14, with a closing price of 133.803 yuan and a redemption price of 101.397 yuan [13][14]. - The potential loss for investors not selling or converting is around 24.97% [2]. Market Context - The recent market recovery has led to an increase in convertible bonds triggering redemption clauses, with many companies announcing strong redemptions [17]. - Investors are advised to act promptly to avoid significant losses, as the redemption prices are generally lower than current market prices [17].

| 证券简称: | 南京银行 | 证券代码: | 601009 | 编号: | 2025-050 | | --- | --- | --- | --- | --- | --- | | 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 关于实施"南银转债"赎回暨摘牌的 第十九次提示性公告 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。 重要内容提示： 截至 2025 年 7 月 11 日收市后，距离 2025 年 7 月 14 日（"南银转债"最后交易 日）仅剩 1 个交易日，2025 年 7 月 14 日为"南银转债"最后一个交易日。 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》"）的相关约定，自 2025 年 5 月 13 日至 2025 年 6 月 9 日期间， 公司股票已有 15 个交易 ...

Core Viewpoint - The convertible bond market is experiencing a significant reduction in supply, leading to increased scarcity and heightened interest from investors, particularly in bank convertible bonds [1][2][3]. Group 1: Market Dynamics - Since July, there has been a concentrated redemption and conversion of bank convertible bonds, resulting in a shrinking asset pool. As of July 10, the total market for convertible bonds has decreased to 668.08 billion yuan, down 65.54 billion yuan from the beginning of the year [1]. - The current market is undergoing a period of intensive adjustment, with 456 convertible bonds entering redemption and conversion phases, representing 95.36% of the total market size [1]. - The convertible bond market has shown strong upward momentum this year, with the Wind convertible bond index rising by 18.17% year-to-date as of July 10 [2]. Group 2: Performance of Bank Convertible Bonds - Bank convertible bonds are particularly attractive due to the strong credit quality of the issuing banks and the performance of bank stocks, which have seen significant increases due to institutional investments [2][3]. - Several bank convertible bonds have successfully triggered mandatory redemption and conversion, achieving high conversion rates, such as Chengdu Bank and Suzhou Bank with rates of 99.94% and 99.93% respectively [3]. Group 3: Investor Sentiment and Strategy - There is a growing concern among investors regarding the high valuation of convertible bonds, with some analysts suggesting that entering the market at this stage may not be wise [2][4]. - Despite the high valuations, there remains a demand for convertible bonds, particularly from institutional investors seeking to enhance their fixed-income portfolios [5][6]. - Investment strategies are shifting, with a preference for large-cap convertible bonds linked to major stocks, especially in sectors like banking, photovoltaic, and agriculture [6].

| 证券简称: | 南京银行 | 证券代码: | 601009 | 编号: | 2025-049 | | --- | --- | --- | --- | --- | --- | | 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 关于实施"南银转债"赎回暨摘牌的 第十八次提示性公告 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。 重要内容提示： 应计利息（合计人民币 100.1537 元/张）被强制赎回。若被强制赎回，可能面临较 大投资损失。 特提醒"南银转债"持有人注意在限期内实施转股或卖出交易，以避免可 能面临的投资损失。 敬请广大投资者详细了解可转债有关规定，理性决策，注意投资风险。 截至 2025 年 7 月 10 日收市后，距离 2025 年 7 月 14 日（"南银转债"最后交易 日）仅剩 2 个交易日，2025 年 7 月 1 ...