Core Points - The stock price of Changshu Bank dropped by 2.11% on September 25, reaching 6.96 CNY per share, with a total market capitalization of 23.083 billion CNY [1] - The bank's main business revenue composition includes personal business (51.80%), corporate business (28.08%), funding business (19.34%), and other business (0.78%) [1] - As of June 30, 2025, Changshu Bank reported a net profit of 1.969 billion CNY, a year-on-year increase of 13.51% [2] Financial Performance - Year-to-date, Changshu Bank's stock price has increased by 6.99%, but it has seen declines of 0.85% over the last five trading days, 5.82% over the last 20 days, and 5.95% over the last 60 days [1] - The bank has distributed a total of 5.560 billion CNY in dividends since its A-share listing, with 2.622 billion CNY distributed in the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 4.29% to 41,300, while the average number of circulating shares per person increased by 14.93% to 80,392 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 105 million shares, an increase of 8.6851 million shares from the previous period [3]

系原交易银行部总经理内部升任 【导读】常熟银行副行长程鹏飞任职资格获批，系原交易银行部总经理内部晋升 9月24日晚间，常熟银行发布公告称，该行于当日获得苏州金融监管分局批复，程鹏飞任副行长资格获 得核准。 随着程鹏飞副行长任职资格获批，常熟银行不仅再添一名"70后"高管，也标志着该行新一届管理层趋于 完善。 截至目前，常熟银行管理层人员包括：董事长薛文，行长包剑，副行长程鹏飞、干晴、陆鼎昌、李勇， 董事会秘书唐志锋，行长助理孟炯，财务负责人范丽斌，合规负责人朱桦。 从过往履历来看，程鹏飞不仅是常熟银行的"老人"，还是从基层柜员成长起来的管理人才，此前曾担任 常熟银行资金营运中心总裁兼交易银行部总经理。 2025年中报显示，截至2025年6月末，常熟银行资产总额为4012.27亿元，较上年末增长9.45%。报告期 内，该行实现营业收入60.62亿元，同比增长10.1%；实现归母净利润19.69亿元，同比增长13.51%。 公开资料显示，程鹏飞，1979年7月出生，本科学历、硕士学位，历任常熟银行赵市支行柜员，业务拓 展部、银行卡部、业务发展部、资金部办事员，资金部、金融市场部总经理助理，金融市场部副总经 理，资 ...

Core Viewpoint - Changshu Bank's vice president Cheng Pengfei has been approved for his position, marking an internal promotion from the role of general manager of the transaction banking department [2][5]. Group 1: Leadership Changes - Cheng Pengfei is a long-time employee of Changshu Bank, having risen through the ranks from a grassroots clerk to a management position [4]. - The bank's leadership has undergone significant changes in the past two years, with the approval of new chairman Xue Wen and president Bao Jian in July of the previous year [7]. - The management team is showing a trend towards younger leadership, with the new chairman and president born in 1974 and 1981, respectively [8]. Group 2: Management Structure - With Cheng Pengfei's appointment, the management team of Changshu Bank is becoming more complete, now including chairman Xue Wen, president Bao Jian, and vice presidents Cheng Pengfei, Gan Qing, Lu Dingchang, and Li Yong [9]. - As of mid-2025, Changshu Bank reported total assets of 401.23 billion, a year-on-year increase of 9.45%, with operating income of 6.062 billion, up 10.1%, and net profit attributable to shareholders of 1.969 billion, reflecting a growth of 13.51% [9].

证券日报网讯 9月24日晚间，常熟银行发布公告称，今日，本行收到《苏州金融监管分局关于程鹏飞常 熟农村商业银行副行长任职资格的批复》，核准程鹏飞先生本行副行长任职资格。 （文章来源：证券日报） ...

据此前披露的简历，程鹏飞，男，1979年7月出生，本科学历、硕士学位。历任常熟农商行赵市支行柜 员，业务拓展部、银行卡部、业务发展部、资金部办事员，资金部、金融市场部总经理助理，金融市场 部副总经理，资产管理部副总经理、总经理，资金营运中心副总裁兼交易银行部总经理，资金营运中心 副总裁兼交易银行部总经理、大义支行行长，常熟农商行党委委员、资金营运中心总裁兼交易银行部总 经理。 北京商报讯（记者 孟凡霞 周义力）9月24日，常熟农商行发布公告称，该行今日收到《苏州金融监管分 局关于程鹏飞常熟农村商业银行副行长任职资格的批复》，核准程鹏飞担任该行副行长任职资格。 ...

Core Viewpoint - Changshu Bank has received approval for the appointment of Cheng Pengfei as the Vice President, indicating a strategic move in leadership to enhance the bank's operational capabilities and governance [1] Group 1: Appointment Details - Cheng Pengfei has been approved as the Vice President of Changshu Bank by the Suzhou Financial Regulatory Bureau [1] - Cheng was born in July 1979 and holds both a bachelor's degree and a master's degree [1] - His career at Changshu Bank includes various roles such as clerk, assistant manager, and general manager in multiple departments, showcasing a diverse experience within the bank [1] Group 2: Career Progression - Cheng has held positions including Assistant to the General Manager of the Financial Market Department and Vice President of the Asset Management Department [1] - He currently serves as a member of the Party Committee and President of the Fund Operations Center, as well as General Manager of the Transaction Banking Department [1]

程鹏飞先生的简历详见本行刊载于上海证券交易所网站（www.sse.com.cn） 的《常熟银行第八届董事会第五次会议决议公告》。 江苏常熟农村商业银行股份有限公司 关于程鹏飞先生副行长任职资格获核准的公告 江苏常熟农村商业银行股份有限公司（以下简称"本行"）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。 今日，本行收到《苏州金融监管分局关于程鹏飞常熟农村商业银行副行长任 职资格的批复》（苏州金复〔2025〕167号），核准程鹏飞先生本行副行长任职 资格。 证券代码：601128 证券简称：常熟银行 公告编号：2025-046 特此公告。 江苏常熟农村商业银行股份有限公司董事会 2025年9月24日 ...

Market Performance - The rural commercial bank sector increased by 1.75% on September 24, with Yunnan Rural Commercial Bank leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Yunnan Rural Commercial Bank (601077) closed at 6.54, up 1.87% with a trading volume of 853,400 shares and a transaction value of 559 million [1] - Changshu Bank (601128) closed at 7.11, up 1.57% with a trading volume of 412,600 shares and a transaction value of 291 million [1] - Shanghai Rural Commercial Bank (601825) closed at 8.67, up 0.70% with a trading volume of 244,700 shares and a transaction value of 212 million [1] - Jiangyin Bank (002807) closed at 4.56, up 0.44% with a trading volume of 258,000 shares and a transaction value of 118 million [1] - Qingnong Commercial Bank (002958) closed at 3.17, down 0.31% with a trading volume of 435,000 shares and a transaction value of 138 million [1] Fund Flow Analysis - The rural commercial bank sector experienced a net outflow of 639,800 yuan from main funds, while retail funds saw a net inflow of 28.92 million yuan [1] - Individual stock fund flows showed that Changshu Bank had a main fund net inflow of 22.92 million yuan, while Yunnan Rural Commercial Bank had a net inflow of 9.09 million yuan from main funds [2] - Jiangyin Bank experienced a significant net outflow of 18.43 million yuan from main funds, indicating a potential concern among investors [2]

Core Viewpoint - The mid-term dividend plans of A-share listed banks for 2025 are progressing steadily, reflecting confidence in development and returning value to investors [1] Group 1: Mid-term Dividend Distribution - As of September 22, 17 A-share listed banks have disclosed their mid-term profit distribution plans, with major state-owned commercial banks being the main contributors, each proposing dividends exceeding 10 billion [2] - Notably, Changsha Bank has implemented its first mid-term dividend since its listing, with a payout of 0.20 yuan per share totaling 804 million [2] - The six major state-owned banks maintain a dividend payout ratio around 30%, showcasing their commitment to stable operations and shareholder returns [2] Group 2: Industry Trends and Insights - The participation and enthusiasm for mid-term dividends among listed banks have significantly increased in 2025, becoming a new trend in the industry [4] - Experts attribute this trend to improved bank performance, corporate governance, and market confidence, indicating a strong belief in future profitability [4] - The implementation of mid-term dividends is seen as a proactive measure to boost investor confidence and manage valuations [4] Group 3: Sustainability and Future Outlook - The widespread adoption of mid-term dividends is expected to enhance investor returns and attract long-term capital, fostering a positive market cycle [5] - Experts predict that with the continuous improvement of the macro economy, the profitability of the banking sector is likely to improve steadily, supporting the expansion of dividend scales [5] - Factors such as easing interest margin pressures and the growth of non-interest income from wealth management are expected to further enhance the stability of bank earnings [5]

Core Viewpoint - Changshu Bank reported a strong performance in the first half of 2025, with significant increases in revenue and net profit, while also expanding its presence through village banks and strategic acquisitions [1][2]. Financial Performance - The bank achieved an operating income of 6.062 billion yuan, a year-on-year increase of 10.10% [1]. - Net profit attributable to shareholders reached 1.969 billion yuan, reflecting a year-on-year growth of 13.51% [1]. - Total assets as of June 30 reached 401.227 billion yuan, up 9.45% from the beginning of the year [1]. - The non-performing loan ratio stood at 0.76%, a slight decrease of 0.01 percentage points from the start of the year [1]. - The provision coverage ratio was 489.53%, down 10.98 percentage points compared to the beginning of the year [1]. Loan and Revenue Composition - Loans outside Changshu accounted for 68.15% of total loans, an increase of 0.15 percentage points from the beginning of the year [2]. - Revenue from areas outside Changshu made up 66.52% of total operating income [2]. - The pre-provision profit from these regions constituted 66.62% of the total [2]. Strategic Expansion - Changshu Bank is actively pursuing a "village reform and branch" strategy, having announced plans to absorb and merge with several village banks [4]. - The bank's chairman indicated that this strategy aims to deepen the institutional layout within the province and achieve concentrated development at the city level [5]. - As of June 30, total assets of the village banks controlled by Changshu Bank reached 63.91 billion yuan, with total deposits of 55.972 billion yuan and total loans of 43.406 billion yuan [5]. Asset Quality and Risk Management - The non-performing loan ratio for village banks was 1.05%, remaining stable since the beginning of the year [5]. - The provision coverage ratio for village banks increased by 18.94 percentage points to 336.28% [5]. - The bank is focused on maintaining asset quality while expanding its footprint through the village bank model [5].