Financial Performance - Operating income for Q3 2024 reached CNY 2,864,257 thousand, an increase of 9.91% year-on-year[3] - Net profit attributable to shareholders was CNY 1,241,377 thousand, reflecting a growth of 16.26% compared to the same period last year[3] - Total operating income for the first nine months of 2024 reached CNY 8,369,945 thousand, an increase from CNY 7,520,406 thousand in the same period of 2023, representing a growth of approximately 11.3%[17] - Net profit for the first nine months of 2024 was CNY 3,729,669 thousand, compared to CNY 3,172,942 thousand in the same period of 2023, reflecting a growth of about 17.6%[17] - The net profit for Q3 2024 was CNY 3,209,651, an increase from CNY 2,714,766 in Q3 2023, representing a growth of approximately 18.2%[18] - The total comprehensive income attributable to shareholders of the parent company for Q3 2024 was CNY 2,958,903, up from CNY 2,627,155 in Q3 2023, marking an increase of around 12.6%[18] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to CNY 362,742,642 thousand, representing an 8.46% increase from the end of the previous year[3] - Total assets as of September 30, 2024, amounted to CNY 362,742,642 thousand, compared to CNY 334,456,430 thousand at the end of 2023, indicating a growth of approximately 8.4%[16] - The company's total liabilities increased to CNY 333,102,551 thousand as of September 30, 2024, from CNY 307,325,494 thousand at the end of 2023, marking an increase of about 8.4%[15] - The total equity attributable to shareholders reached CNY 27,633,618 thousand, up from CNY 25,356,407 thousand in 2023, representing an increase of approximately 9.0%[16] Capital and Ratios - The weighted average return on equity (ROE) was 18.38%, up by 0.60 percentage points year-on-year[3] - As of September 30, 2024, the core tier 1 capital net amount reached CNY 28,567,653, an increase from CNY 26,392,626 as of December 31, 2023, representing a growth of 8.26%[10] - The tier 1 capital adequacy ratio improved to 10.63% as of September 30, 2024, compared to 10.48% at the end of 2023, indicating a positive trend in capital strength[10] - The liquidity coverage ratio stood at 279.76% as of September 30, 2024, significantly above the regulatory requirement, showcasing strong liquidity management[11] - The bank's core tier 1 capital adequacy ratio was 10.58% as of September 30, 2024, compared to 10.42% at the end of 2023, reflecting a solid capital position[10] - The total capital net amount reached CNY 37,668,996 as of September 30, 2024, an increase from CNY 35,107,322 at the end of 2023, indicating robust capital growth[10] Loans and Deposits - Total deposits reached CNY 284,608,574 thousand, an increase from CNY 247,938,809 thousand at the end of 2023[6] - Total loans amounted to CNY 239,685,817 thousand, up from CNY 222,439,155 thousand at the end of 2023[6] - The total amount of loans and advances issued by the company reached CNY 230,738,266 thousand as of September 30, 2024, an increase from CNY 214,226,530 thousand at the end of 2023, indicating a growth of approximately 7.7%[15] - The net increase in customer deposits and interbank placements for the first nine months of 2024 was CNY 35,176,598, compared to CNY 29,417,070 in the same period of 2023, reflecting a growth of about 19.1%[19] Cash Flow - The company recorded a net cash flow from operating activities of CNY 15,398,738 thousand, a significant increase of 128.74% year-on-year[3] - The net cash flow from operating activities for Q3 2024 was CNY 15,398,738, significantly higher than CNY 6,731,888 in Q3 2023, indicating a year-over-year increase of approximately 128.5%[19] - The cash inflow from operating activities totaled CNY 50,090,971 in Q3 2024, compared to CNY 48,913,087 in Q3 2023, showing a growth of about 2.4%[19] - The net cash flow from investing activities for Q3 2024 was negative CNY 8,845,368, compared to negative CNY 4,390,820 in Q3 2023, indicating a decline in investment cash flow[19] Shareholder Information - The total number of common shareholders reached 39,958 by the end of the reporting period, indicating a stable shareholder base[12] - The top ten shareholders collectively hold 39.99% of the total shares, with the largest shareholder, Bank of Communications, owning 9.01%[12] Operational Efficiency - The cost-to-income ratio improved to 35.17%, down from 36.87% at the end of 2023[8] - The net interest margin was reported at 2.70%[8] - Net interest income for the first nine months of 2024 was CNY 6,903,070 thousand, up from CNY 6,502,912 thousand in 2023, reflecting a year-over-year increase of about 6.2%[17] Risk Management - The non-performing loan (NPL) ratio stood at 0.77%, slightly up from 0.75% at the end of the previous year[8] - The leverage ratio increased to 6.58% as of September 30, 2024, up from 6.51% at the end of 2023, reflecting enhanced capital management[11] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge in the financial sector[15] - The bank conducted multiple investor communication sessions, including a significant call with 45 institutions on August 21, 2024, enhancing transparency and engagement with stakeholders[13] Asset Management - The adjusted on-balance and off-balance sheet asset balance was CNY 436,253,675 as of September 30, 2024, compared to CNY 408,141,175 at the end of 2023, indicating growth in asset management[11] - The company has maintained a strong liquidity position with cash and deposits at central banks totaling CNY 21,114,605 thousand as of September 30, 2024, compared to CNY 19,345,642 thousand at the end of 2023, reflecting an increase of about 9.1%[15] - The total cash and cash equivalents at the end of Q3 2024 were CNY 14,703,637, an increase from CNY 12,489,336 at the end of Q3 2023, representing a growth of about 17.8%[20]

2024 年第一次临时股东大会会议资料 江苏常熟农村商业银行股份有限公司 2024 年第一次临时股东大会 会议资料 2024 年 11 月 6 日 2024 年第一次临时股东大会会议资料 目 录 | 股东大会议程 2 | | --- | | 股东大会会议须知 3 | | 吸收合并江苏丹徒蒙银村镇银行股份有限公司并设立分支机构 4 | 1 2024 年第一次临时股东大会会议资料 股东大会议程 二、审议各项议案 1、吸收合并江苏丹徒蒙银村镇银行股份有限公司并设立分支机构 2 三、股东质询 四、投票表决、计票 五、宣布表决结果 六、律师宣读法律意见书 七、大会结束 2024 年第一次临时股东大会会议资料 江苏常熟农村商业银行股份有限公司 股东大会会议须知 为维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证股 东大会的顺利召开，根据中国证监会《上市公司股东大会规则》、本行《章程》 和《股东大会议事规则》等规定，特制定本须知。 一、本行根据《公司法》、《证券法》、《上市公司股东大会规则》和本行 《章程》的规定，认真做好召开股东大会的各项工作。 会议时间：2024 年 11 月 6 日（星期三）上午 10: ...

证券代码：601128 证券简称：常熟银行 公告编号：2024-035 转债代码：113062 转债简称：常银转债 2024 年第三季度转股情况：2024 年 7 月 1 日至 2024 年 9 月 30 日，累 计有人民币 15,000 元常银转债转为本行 A 股普通股，累计转股股数为 2,175 股。 未转股可转债情况：截至 2024 年 9 月 30 日，尚未转股的常银转债金额 为人民币 5,999,704,000 元，占常银转债发行总量的比例为 99.9951%。 一、可转债发行上市概况 经中国证券监督管理委员会"证监许可〔2022〕1688 号"文核准，本行于 2022 年 9 月 15 日公开发行了 6,000 万张 A 股可转换公司债券，每张面值 100 元， 发行总额 60 亿元，期限 6 年，票面利率第一年为 0.20%、第二年为 0.40%、第三 年为 0.70%、第四年为 1.00%、第五年为 1.30%、第六年为 1.80%。 经上海证券交易所自律监管决定书〔2022〕269 号文同意，本行 60 亿元 A 股 可转换公司债券于 2022 年 10 月 17 日起在上交所挂牌交易，债券 ...

Summary of Changshu Bank's Conference Call Company Overview - **Company**: Changshu Bank - **Period**: First half of 2024 Key Financial Metrics - **Revenue**: Achieved revenue of 5.506 billion yuan, a year-on-year increase of 12.03% [1][2] - **Net Profit**: Reached 1.734 billion yuan, up 19.58% year-on-year [1][2] - **Return on Equity (ROE)**: Annualized ROE of 13.28%, an increase of 0.88 percentage points year-on-year [1][2] - **Return on Assets (ROA)**: Annualized ROA of 1.08%, up 0.04 percentage points year-on-year [1][2] - **Total Assets**: 367.3 billion yuan, a growth of 9.8% from the beginning of the year [1][2] - **Total Loans**: 238.9 billion yuan, an increase of 7.42% year-to-date [1][2] - **Total Deposits**: 282.8 billion yuan, up 14.04% from the start of the year [1][2] Asset Quality - **Non-Performing Loan (NPL) Ratio**: 0.76%, an increase of 0.01 percentage points from the beginning of the year [1][3] - **Provision Coverage Ratio**: 538.81%, up 0.93 percentage points year-to-date [1][3] Brand Strength and Recognition - **Awards**: Ranked first in the county-level rural commercial bank category by the China Banking Association for six consecutive times [1][3] - **Global Ranking**: Ranked 385th in The Banker magazine's global ranking and included in the Global 500 for six consecutive years [1][3] - **Credit Rating**: Achieved the highest credit rating of AAA [1][3] Strategic Initiatives - **Core Business Focus**: Emphasized financial services for the real economy and maintained a balanced approach between local and non-local business [1][4] - **Cost Efficiency**: Reduced cost-to-income ratio to 35.18%, a decrease of 1.69 percentage points from the previous year [1][4] - **Risk Management**: Enhanced risk management through financial technology, maintaining a low NPL ratio and high provision coverage [1][4] Future Work Focus - **Asset Expansion**: Aim to increase the number of clients and expand credit business, particularly targeting small and micro enterprises [1][5] - **Liability Optimization**: Focus on low-cost funding channels and implement differentiated pricing strategies [1][6] - **Customer Service Enhancement**: Build specialized teams to improve marketing effectiveness and explore new business opportunities [1][6] - **Risk Control and Compliance**: Strengthen risk model strategies and enhance compliance measures to improve decision-making efficiency [1][6]

证券代码：601128 证券简称：常熟银行 公告编号：2024-034 江苏常熟农村商业银行股份有限公司 首次公开发行限售股（自律锁定）上市流通公告 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。 重要内容提示： 本次股票上市类型为首发股份；股票认购方式为网下，上市股数为 107,261,911 股。 本次股票上市流通总数为 107,261,911 股。 本次股票上市流通日期为 2024 年 9 月 30 日。 一、本次限售股上市类型：首次公开发行限售股（自律锁定） 经中国证券监督管理委员会《关于核准江苏常熟农村商业银行股份有限公司 首次公开发行股票的批复》（证监许可[2016]1660 号）核准，本行首次公开发行人 民币普通股（A 股）222,272,797 股，并于 2016 年 9 月 30 日在上海证券交易所挂 牌上市。本行首次公开发行前总股本为 2,000,455,172 股，首次公开发行后总股 本为 2,222,727,969 股。 本行首发上市前持股超过 5 ...

中信证券股份有限公司关于 首次公开发行限售股（自律锁定）上市流通之核查意见 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》 和《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等有关规定， 作为江苏常熟农村商业银行股份有限公司（以下简称"常熟银行""发行人"）2022 年度公开发行可转换公司债券的保荐机构，中信证券股份有限公司（以下简称"中 信证券"）对常熟银行首次公开发行限售股（自律锁定）上市流通的事项进行了 核查，核查情况如下： 一、本次限售股上市类型 经中国证券监督管理委员会《关于核准江苏常熟农村商业银行股份有限公司 首次公开发行股票的批复》（证监许可[2016]1660 号）核准，常熟银行首次公开 发行人民币普通股（A 股）222,272,797 股，并于 2016 年 9 月 30 日在上海证券 交易所挂牌上市。常熟银行首次公开发行前总股本为 2,000,455,172 股，首次公 开发行后总股本为 2,222,727,969 股。 常熟银行首发上市前持股超过 5 万股的员工股东持有的股份，锁定期为三年， 至 2019 年 9 月 30 日，三年锁定期已满，剩余限售股 ...

https://roadshow.sseinfo.com/） 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。 证券代码：601128 证券简称：常熟银行 公告编号：2024-033 重要内容提示： 江苏常熟农村商业银行股份有限公司 关于召开 2024 年半年度业绩说明会的公告 （二）会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心视频录播和网络互动 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2024 年 09 月 19 日(星期四)至 09 月 25 日(星期三)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过本行投资者关系邮箱： 601128@csrcbank.com 进行提问。本行将在 2024 年半年度业绩说明会（以下简 称"业绩说明会"）上对投资者普遍关注的问题进行回答。 本行已于 2024 年 8 月 21 日在上海证券交易所网站（ww ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][3]. Core Views - The company has demonstrated stable high growth in performance, with asset quality remaining robust. The net profit for the first half of 2024 increased by 19.6% year-on-year, while revenue grew by 12.0% [2][3]. - The company has a unique competitive advantage through its "Changnong Microloan Model," focusing on small and micro enterprises, which has led to a leading growth rate in performance compared to peers [3][22]. Summary by Sections Performance and Growth - In the first half of 2024, the company achieved revenue of 5.506 billion yuan, a year-on-year increase of 12.0%, with net profit reaching 1.734 billion yuan, up 19.6% [2][7]. - The growth in performance is attributed to several factors: 1. "Volume compensating for price," with net interest income forming the performance base, contributing 15.5 percentage points to performance [8]. 2. Investment income driving other non-interest income, contributing 5.5 percentage points [8]. 3. Cost optimization leading to an 11.1 percentage point positive contribution to profit [8]. 4. Increased provisioning impacting performance, with provisioning negatively affecting profit by 4.0 percentage points [8]. Credit and Deposit Trends - The total loans and advances reached 238.9 billion yuan, a year-on-year increase of 11.3%, with corporate loans growing by 14.0% and personal loans by 6.9% [10][12]. - The deposit balance increased by 16.7% year-on-year, driven primarily by a 26.6% growth in personal time deposits, indicating a trend towards more time deposits [12][13]. Asset Quality - The asset quality remains stable, with non-performing loan (NPL) ratios at 0.76%, slightly up from the end of 2023 [19][21]. - The company has a provisioning coverage ratio of 539%, indicating strong risk mitigation capabilities [21][22]. Future Outlook - The company is expected to maintain a high growth trajectory, with projected net profit growth rates of 17.4%, 16.0%, and 15.2% for 2024-2026 [3][22]. - The price-to-book (PB) ratios are forecasted to be 0.67, 0.60, and 0.54 for the same period [3][22].

| 证券代码：601128 | 证券简称：常熟银行 公告编号：2024-032 | | --- | --- | | 转债代码：113062 | 转债简称：常银转债 | 江苏常熟农村商业银行股份有限公司 关于"常银转债"2024 年付息事宜的公告 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。 重要内容提示： 本行于 2022 年 9 月 15 日公开发行的 60 亿元 A 股可转换公司债券（以下简 称"常银转债""可转债"或"本期债券"）将于 2024 年 9 月 18 日（因 2024 年 9 月 15 日为法定节假日，付息日顺延至下一交易日，即 2024 年 9 月 18 日） 支付自 2023 年 9 月 15 日至 2024 年 9 月 14 日期间的利息。根据《江苏常熟农村 商业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》"）有关条款的规定，现将有关事项公告如下： 一、本期债券基本情况 1、债券名称：江苏常熟农村商业银行股 ...

Group 1: Financial Performance - The bank's revenue and net profit for the first half of 2024 showed significant growth, driven by a 14.04% increase in deposits and a 7.42% increase in loans as of June 2024 [3][4] - The bank's non-interest income has diversified, contributing to overall revenue growth through the expansion of light capital business [3] - Cost control measures, including leveraging technology to enhance productivity, have led to a steady decline in the cost-to-income ratio [3] Group 2: Risk Management - As of June 2024, the bank reported a non-performing loan (NPL) ratio of 0.76% and a provision coverage ratio of 538.81%, indicating strong asset quality [4][5] - The bank employs a comprehensive risk management model that includes pre-, during-, and post-risk management strategies to maintain asset quality [5] Group 3: Interest Margin Outlook - The decline in net interest margin this year is attributed to competitive pressures and insufficient credit demand, leading to a decrease in the yield on interest-earning assets [4] - The bank plans to optimize its deposit structure and enhance the stability of corporate settlement deposits to control funding costs, with expectations for a relatively stable net interest margin in the second half of the year [4]