Core Points - The article discusses the implementation of a new service fee schedule by Industrial Bank, effective from July 1, 2025, aimed at reducing fees and enhancing financial service quality [1] - The bank's Tianjin branch is actively promoting the fee reduction policies to ensure they reach the market effectively, utilizing various offline channels for communication [1] - As of August 2025, the Tianjin branch has waived fees totaling approximately 7.30 million yuan, benefiting over 65,200 customers, with a significant portion of the reductions aimed at corporate clients [1] Group 1 - The new service fee schedule will lower certain service charges and expand the scope of fee reductions to benefit both enterprises and individuals [1] - The Tianjin branch has increased its promotional efforts, distributing over 1,000 informational brochures and achieving over 10,000 electronic screen plays to raise awareness of the policies [1] - The fee waivers cover 160 service items, including deposit and withdrawal fees, corporate online banking, and credit card annual fees [1] Group 2 - The bank aims to continue its "fee reduction and benefit" initiative as part of its commitment to serve the public, focusing on optimizing business processes and enhancing customer satisfaction [1] - The efforts are aligned with the goal of supporting the real economy and contributing to the development of the Beijing-Tianjin-Hebei region [1]

Core Viewpoint - The establishment of a "Financial Education Base" by Industrial Bank in collaboration with Shandong Huafeng Smart Port Logistics Co., Ltd. aims to enhance financial literacy among employees, clients, and the public, contributing to a stable financial environment [1][2]. Group 1: Collaboration and Objectives - The partnership represents an innovative practice of cross-sector collaboration between financial institutions and enterprises, focusing on social responsibility [1]. - The financial institution will leverage its expertise in financial knowledge, risk case studies, and consumer rights protection to enrich the educational content of the base [1]. - The logistics company will utilize its extensive employee base, client network, and community influence to ensure effective dissemination of financial knowledge [1]. Group 2: Educational Focus and Activities - The education base will address current financial sector challenges and will conduct systematic and diverse educational activities [2]. - Core financial knowledge will be disseminated, covering topics such as personal credit, savings and investment, loan knowledge, and payment security to help the public establish correct financial concepts [2]. - Financial risk prevention will be emphasized through analysis of common scams like illegal fundraising, telecom fraud, and card theft, enhancing public recognition and resistance capabilities [2]. - Digital financial skills will be cultivated, particularly for vulnerable groups like the elderly and youth, focusing on smart device usage, digital payment security, and online transaction guidance [2]. - Various engaging formats such as expert lectures, interactive experience zones, simulations, online courses, and promotional materials will be employed to make financial knowledge accessible and interesting [2].

Group 1 - The A500ETF by Jiashi has a turnover rate of 3.57% and a transaction volume of 4.41 billion yuan, with an average daily transaction of 22.80 billion yuan over the past year as of September 26, 2025 [3] - The latest scale of A500ETF by Jiashi reached 116.54 billion yuan, with a net value increase of 18.59% over the past year as of September 26, 2025 [3] - The highest monthly return since inception for A500ETF by Jiashi was 11.71%, with the longest consecutive monthly gains being 4 months and a maximum gain of 22.93% [3] Group 2 - The top ten weighted stocks in the CSI A500 index as of August 29, 2025, include Kweichow Moutai, CATL, Ping An Insurance, and others, accounting for a total of 19.11% [4] - The individual weightings of the top stocks are as follows: Kweichow Moutai at 3.87%, CATL at 2.89%, and Ping An Insurance at 2.60% [6] - Investors without stock accounts can access the A500ETF Jiashi linked fund (022454) for exposure to the top 500 A-shares [6]

Core Viewpoint - The performance of the CSI 300 ETF managed by CICC shows a slight decline in opening price, while individual stocks within the ETF exhibit mixed results, indicating a volatile market environment [1] Group 1: ETF Performance - The CSI 300 ETF (510320) opened down by 0.90%, priced at 1.210 yuan [1] - Since its inception on April 16, 2025, the fund has achieved a return of 22.05%, with a monthly return of 2.22% [1] Group 2: Individual Stock Performance - Kweichow Moutai opened up by 0.31% [1] - Contemporary Amperex Technology Co. (CATL) increased by 1.56% [1] - China Ping An decreased by 0.07% [1] - China Merchants Bank fell by 0.07% [1] - Industrial Bank dropped by 0.30% [1] - Yangtze Power declined by 0.15% [1] - Midea Group rose by 0.31% [1] - Zijin Mining increased by 1.09% [1] - BYD fell by 0.27% [1] - East Money Information decreased by 0.08% [1]

Core Viewpoint - The financial system in China is actively supporting the real economy through various financing methods, with a focus on reducing costs and enhancing access to credit for enterprises, particularly during the "14th Five-Year Plan" period [1][2][3]. Group 1: Financing Trends - The average annual growth rate of loans for technology-based SMEs, inclusive microloans, and green loans exceeds 20% [5]. - In 2021, the average loan interest rate for enterprises was above 4%, but it has now dropped below 3%, significantly easing the financial burden on businesses [2][3]. - The total amount of new funds provided to the real economy by the banking and insurance sectors reached 170 trillion yuan during the "14th Five-Year Plan" period [1][3]. Group 2: Loan Data Insights - The interest rate for newly issued inclusive microloans decreased from 5.08% in December 2020 to 3.48% by June 2025 [3]. - The balance of RMB loans and social financing scale increased from 172.75 trillion yuan and 284.83 trillion yuan at the end of 2020 to 269.1 trillion yuan and 433.66 trillion yuan by August 2025 [3]. - The proportion of loans to enterprises increased from 63% to 68% from the end of 2020 to the first quarter of 2025, indicating a shift towards supporting the real economy [5]. Group 3: Policy Support and Structural Changes - Since 2020, the central bank has implemented 12 reserve requirement ratio cuts and 9 interest rate reductions, leading to a decrease in the loan market quotation rates [3]. - Financial policies have been designed to enhance the efficiency of financial services, focusing on technology finance, green finance, inclusive finance, pension finance, and digital finance [5][6]. - The financial system is expected to continue balancing stability and progress, with an emphasis on supporting technological innovation and high-quality development in the upcoming "15th Five-Year Plan" [7].

Investment Rating - The report maintains a recommendation for the banking industry [3] Core Insights - The report provides a comprehensive analysis of the asset-liability structure and interest margin changes of 42 A-share listed banks during the "14th Five-Year Plan" period, highlighting a shift towards corporate loans on the asset side and a stronger retail focus on the liability side [12][14] - The asset-liability structure indicates a significant increase in the proportion of corporate loans, rising from 57.02% to 63.22% from the end of 2020 to mid-2025, while the proportion of demand deposits decreased from 41.94% to 30% [12][14] - The report notes a decline in both asset yield and interest margin, with the yield on interest-earning assets dropping from 4.43% to 3.32% and the net interest margin decreasing from 2.23% to 1.53% during the same period [14][15] Summary by Sections Overall Asset-Liability Structure and Interest Margin Changes - The asset-liability structure shows an increase in loan-to-earning asset ratio from 54.19% to 56.49%, with corporate loans making up a larger share of total loans [14][15] - The average yield on interest-earning assets decreased significantly, with the loan yield falling from 5.34% to 3.82% [15] - The net interest margin for listed banks remains higher than that of commercial banks, despite a decline [14][15] Changes in Each Banking Sector's Asset-Liability Structure and Interest Margin - City commercial banks experienced a more significant increase in the proportion of corporate loans, with their interest margin narrowing less compared to other banks [18] - The report highlights that the proportion of deposits in interest-bearing liabilities for state-owned banks decreased, while it increased for rural commercial banks [18] - The decline in interest-bearing liabilities' cost rate was most pronounced in city commercial banks, leading to a smaller reduction in their interest margin [18]

转自：新华财经 多方联动开讲 精准传递知识 "同学们，你能快速识别人民币的真伪吗？比如说，找出这张钞票上的安全线？"近日，在厦门鑫山小学 的课堂上，兴业银行厦门分行工作人员拿出一张百元现钞，台下小手林立，一场别开生面的"火眼金 睛"假币鉴别赛热烈进行。 当天，兴业银行厦门分行走进该校，开展"反假货币宣传"主题活动。活动设置了知识宣讲、趣味互动体 验、鉴真体验赛等环节。通过有趣、有料的活动，兴业银行工作人员向孩子们普及了人民币防伪特征， 引导他们树立"爱护人民币，正确使用人民币图样"的观念。 不仅走进校园，兴业银行厦门分行还走进社区、企业等处，开展丰富多彩的宣传活动。9月17日，兴业 银行厦门翔安支行联合人民银行厦门市分行及其他金融机构共同走进祥吴社区，开展以"金融惠民幸福 聚厦"为主题的金融消保及风险防范宣传活动；同日，同安支行走进厦门鹭腾达印刷有限公司，面向企 业员工开展金融知识宣传活动，不仅传授金融消保知识，还讲解人民币图样管理相关法规，引导大家爱 护人民币、抵制图样滥用行为。 从网点"微讲解"到校园"小课堂"，从社区"宣传站"到企业"知识课"，兴业银行厦门分行近期的反假货币 宣传系列活动，不仅实现了对不 ...

Group 1 - The article discusses a conference featuring various industry experts from sectors such as mining, military, media, chemicals, transportation, new energy, agriculture, finance, automotive, and computing [2] - The conference is scheduled for September 29, 19:00, providing a platform for insights and discussions on industry trends and opportunities [3] Group 2 - The article includes contact information for participants to join the conference, highlighting the accessibility for both domestic and international attendees [4]

Core Insights - The article discusses the management adjustments within the subsidiaries of Industrial Bank, focusing on the strategic integration of its subsidiaries into the group's overall strategy and their specialized operations [1] Group 1: Management Changes - Si Bin, the current president of Industrial Bank of Guoxin Asset Management, is set to become the president of Industrial Financial Leasing [2] - The new vice president of Industrial Digital Finance is Deng Bo, who previously held positions in the company's innovation and credit product lines [3] - Chen Wenqi has been appointed as the chairman of Industrial Futures, with Wang Hua taking over as the general manager [4] Group 2: Subsidiary Operations - Industrial Financial Leasing, established in 2010 with a registered capital of 9 billion yuan, focuses on financial leasing and has collaborated with over 20 branches of Industrial Bank to promote green leasing and technology sectors [2] - Industrial Guoxin Asset Management, a wholly-owned subsidiary of Industrial International Trust, was founded in 2013 with a registered capital of 3.4 billion yuan, specializing in asset management and investment [2] - Industrial Digital Finance, founded in 2015 with a registered capital of 255 million yuan, aims to drive digital transformation and has supported over 320 small financial institutions [3] Group 3: Performance Metrics - In the first half of the year, Industrial Futures served 3,575 clients, with a 100.37% increase in new client sign-ups through the bank-futures linkage [4] - The MOM business scale of Industrial Futures reached 724 million yuan, reflecting an 86.48% growth compared to the end of the previous year [4]

Group 1 - The core event was the "Ludao Xingxing Ruanhuo Jule" salon focused on revitalizing state-owned enterprise assets, successfully held in Xiamen [1] - The event was organized by Industrial Bank's Xiamen branch, with participation from various local government financial departments and over 30 executives from state-owned enterprises in Fujian and Xiamen [1] - The salon aimed to explore new cooperation opportunities for revitalizing state-owned enterprise assets, bringing together experts from Industrial Bank and its asset management subsidiary [1] Group 2 - Xu Haihui, Deputy General Manager of the Investment Banking Department, emphasized the bank's commitment to high-quality regional economic development through its "five major areas" of financial services [2] - The bank's strategy includes a "commercial bank + investment bank" approach, providing comprehensive financial support across various markets for local state-owned enterprises [2] - The event featured discussions on comprehensive financial services for local state-owned enterprises, including capital revitalization, asset management, and project construction, along with insights on new merger policies [2] Group 3 - The salon established an efficient communication platform for banks, government, and enterprises, laying a solid foundation for future cooperation [3] - Industrial Bank aims to leverage its investment banking expertise and group synergy to meet the diverse needs of state-owned enterprises in asset revitalization and transformation [3] - The bank looks forward to collaborating with more partners to inject new momentum into the economic and social development of Xiamen and the high-quality growth of state-owned enterprises [3]