本公司拟赎回全部已发行的"兴业优 1"优先股 1.3 亿股，每股面值人民币 100 元，总规模 130 亿元。 公告编号：临 2025-034 A 股代码：601166 A 股简称：兴业银行 优先股代码：360005、360012、360032 优先股简称：兴业优 1、兴业优 2、兴业优 3 可转债代码：113052 可转债简称：兴业转债 兴业银行股份有限公司 关于赎回优先股的第三次提示性公告 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。 兴业银行股份有限公司（以下简称本公司）于 2014 年 12 月、2015 年 6 月、 2019 年 4 月分别完成三期、合计 560 亿元优先股发行，优先股简称分别为"兴 业优 1""兴业优 2"和"兴业优 3"（以下统称三期优先股）。经本公司董事会审 议通过，并报国家金融监督管理总局（以下简称金融监管总局）审核同意，本公 司拟于 2025 年 7 月 1 日赎回全部三期优先股，现将有关赎回事宜提示如下： 一、赎回规模 （一）兴业优 1 （二）兴业优 2 本公司拟赎回全部已发行的"兴业 ...

Core Viewpoint - The Zhengzhou Commodity Exchange (ZCE) has issued a notice to expand the participation of qualified foreign institutional investors (QFIIs) in commodity futures and options trading, facilitating their engagement in the market [1][2]. Group 1: Regulatory Changes - The notice allows banks qualified for margin deposit services to directly engage in margin deposit business for QFIIs, with a total of 15 banks eligible [1]. - Futures companies must manage the trading permissions and ensure compliance with the regulations for QFIIs, including the opening of accounts and suitability management [1][2]. Group 2: Risk Management and Compliance - ZCE emphasizes the importance of risk management and the need for futures companies to guide QFIIs on trading, settlement, and related risks to ensure orderly participation in the market [2]. - All relevant entities are required to prepare for QFIIs' participation in commodity futures and options trading, enhancing risk control measures to maintain market stability [2]. Group 3: Designated Banks for Margin Deposits - A list of banks qualified for margin deposit services for domestic clients includes major banks such as Bank of Communications, Industrial and Commercial Bank of China, and China Construction Bank among others [5].

Group 1 - The core point of the article is that China Life Asset Management has made significant progress by entering the top 30 of the global asset management rankings, specifically ranking 29th globally and 2nd in Asia, marking a historic breakthrough for Chinese asset management firms [1][3][9] - Overall, Chinese institutions have significantly improved their global rankings, with 9 Chinese institutions making it to the top 100, including 4 fund companies, 3 insurance asset management companies, and 2 wealth management companies [2][8] - The total assets under management (AUM) of the global top 500 asset management firms reached a record high of €129 trillion by the end of 2024, representing an 18.8% increase from the previous year [3][5] Group 2 - The top asset management firms continue to dominate market share, with the largest firms like BlackRock, Vanguard, and Fidelity leading in both market share and fundraising capabilities [5][9] - The industry is experiencing increasing differentiation, with smaller asset managers facing competitive pressures, leading to a trend where larger firms become stronger [5][9] - In 2024, 57 Chinese asset management firms participated in the IPE global rankings, with a total management scale of approximately ¥85.8 trillion, achieving a robust growth of nearly 15% [3][5] Group 3 - China Life Asset Management Company ranked 29th in the IPE 2025 rankings, improving by 3 positions from the previous year, with a growth rate of 15.4% in AUM [7][10] - Other notable Chinese firms include Ping An Asset Management at 33rd, Taikang Asset Management at 52nd, and E Fund Management at 61st, all showing significant growth in their rankings and AUM [7][10] - The average growth rate for insurance asset management companies was 17.6%, while the overall industry growth was 19%, indicating strong performance in this sector [8][9]

Core Viewpoint - The article highlights the prompt and compassionate response of Industrial Bank's Changzhou New North Branch in assisting a customer facing a medical emergency, showcasing the bank's commitment to customer-centric service and social responsibility [1][2]. Group 1: Emergency Response - The bank initiated a "special customer financial service green channel" to address the urgent needs of a customer whose brother was hospitalized and unable to access funds due to a lack of password [1]. - The branch manager coordinated with both the family and the hospital, completing the necessary identity verification and transferring funds directly to the hospital's account within two hours [1]. Group 2: Customer Care and Support - The branch manager, Zhang Xiaoming, provided personal support by accompanying the family and understanding their financial difficulties, ultimately donating 1,000 yuan to alleviate their stress [2]. - This incident reflects the bank's long-standing commitment to a customer-centric service philosophy, particularly for vulnerable groups such as critically ill patients [2].

Group 1 - The core point of the news is the issuance and management of the convertible bonds by Industrial Bank Co., Ltd., including details on the bond's approval, issuance, and financial implications [3][4][27] - The total approved issuance scale for the convertible bonds is up to 50 billion RMB, with the actual amount raised being approximately 49.92 billion RMB after deducting issuance costs [3][34] - The bonds were issued on December 27, 2021, with a maturity period of six years, and the interest rates are structured to increase over the years, starting from 0.2% in the first year to 3.0% in the sixth year [9][38] Group 2 - The initial conversion price for the bonds was set at 25.51 RMB per share, which has been adjusted multiple times due to dividend distributions, with the latest adjustment bringing it down to 22.25 RMB per share [15][42][43] - The funds raised from the bond issuance are intended to support the company's future business development and to supplement its core tier one capital after bondholders convert their bonds into shares [27][35] - The company has maintained a "AAA" credit rating for both itself and the issued bonds, indicating strong creditworthiness and stability [39]

Core Viewpoint - The banking sector, particularly the leading bank ETF (512820), is experiencing a strong performance driven by high dividend yields and low valuations, making it an attractive investment opportunity [5][10][15]. Group 1: Market Performance - On June 17, the A-share market showed mixed trends, with the bank ETF (512820) experiencing a slight decline of 0.2% after reaching a historical high during the day [1]. - The bank ETF (512820) has attracted over 25 million yuan in capital inflow over the past three days, indicating strong investor interest in high-dividend sectors [1]. - The index of the bank ETF (512820) has seen a 15.33% increase over the past six months, outperforming the CSI 300 by 16.51% [5]. Group 2: Fundraising and Capital Injections - Recently, major banks like the Bank of Communications and Bank of China announced successful A-share stock issuances, raising 120 billion yuan and 165 billion yuan respectively, contributing to a total of 520 billion yuan in capital injections for the four major state-owned banks [5]. - This capital injection is expected to enhance the core Tier 1 capital adequacy ratio of state-owned banks, thereby improving their ability to support the real economy [5]. Group 3: Investment Appeal - The banking sector is characterized by high dividend yields and low valuations, making it more attractive compared to other industries [7][10]. - The current price-to-book ratio (PB) of the bank ETF (512820) is 0.68, indicating a significant undervaluation [12]. - The latest dividend yield for the bank ETF (512820) is 5.4%, which is competitive in the market [12]. Group 4: Future Outlook - There is strong momentum for long-term capital inflows into the banking sector from insurance funds, state-owned enterprises, and public funds, which is expected to support the valuation of bank stocks [8][15]. - The banking sector's fundamentals remain robust, with stable operations and sustainable dividends, which are likely to strengthen its high dividend characteristics [9][15].

Group 1 - The Inner Mongolia Autonomous Region is promoting centralized heating transformation, focusing on clean energy and the elimination of coal heating, leading to improved air quality [1][2] - Industrial Bank's Hohhot branch has provided significant financial support for heating enterprises, with a financing balance of 696 million yuan, covering various aspects of project construction and daily operations [1] - In July 2023, the bank successfully issued the first project loan in the heating industry, injecting 168 million yuan into the long-distance heating pipeline project from Tokto Power Plant to Hohhot, enhancing heating efficiency [1] Group 2 - In 2024, the region's "six projects" include the heating industry as a key part of the "warmth project," with the bank actively responding by issuing 28.91 million yuan in loans to ensure timely project progress [2] - The bank is supporting the Tokto County heating pipeline project, which aims to replace small coal-fired boilers, reduce air pollution, and improve air quality, thus ensuring the reliability and stability of the heating system [2] - The bank's financial representatives are actively involved in various projects, contributing to green heating initiatives and supporting low-carbon development in the region [2]

Core Viewpoint - The successful loan provision by Industrial Bank's Hohhot branch to a steel enterprise for a project focused on ultra-low emissions technology transformation and equipment updates highlights the bank's commitment to supporting industrial upgrades and green initiatives [1][3]. Policy Implementation - In April, the People's Bank of China and the National Development and Reform Commission established a 500 billion yuan re-loan program to encourage financial institutions to support technology innovation and equipment updates for small and medium-sized enterprises [2]. - Following the policy announcement, Industrial Bank's Hohhot branch acted swiftly to mobilize resources and promote the loan program as a key tool for traditional industry transformation [2]. Tailored Support for Industry Upgrade - The bank conducted thorough assessments of the financing needs of enterprises on the project list, identifying a steel company focused on developing a circular economy and implementing clean production [2]. - Upon learning about the steel enterprise's funding requirements, the bank promptly engaged with the company to discuss financing solutions, ultimately approving a total of 984 million yuan for 23 projects aimed at equipment updates [3]. Future Directions - The Hohhot branch plans to continue supporting national credit policies, focusing on energy conservation, carbon reduction, and digital transformation in key sectors [4]. - The bank aims to integrate large-scale equipment updates with broader strategic initiatives, ensuring effective allocation of financial resources to support high-end, intelligent, and green industrial development [4].

Core Viewpoint - The article highlights the initiative by Industrial Bank's Hohhot branch to enhance public financial literacy through a series of activities aimed at different target groups, thereby contributing to a safer and more stable financial ecosystem [1][2]. Group 1: Financial Knowledge Promotion Activities - The Hohhot branch has launched the "Financial Knowledge Popularization Journey" series of activities to improve public financial literacy and risk awareness [1]. - The initiative includes a differentiated promotional model featuring "four major scenarios + special content" tailored to the cognitive characteristics and actual needs of various groups [1]. Group 2: Targeted Outreach for Specific Groups - For the elderly, the branch has set up financial knowledge consultation points in multiple communities and organized "Silver Age Classrooms" to address their lack of financial knowledge and risk awareness [1]. - Staff provide guidance on using mobile banking safely and explain common scams such as pension investment traps and AI face-swapping frauds in simple language [1]. Group 3: Business and Community Engagement - The branch conducts "Financial Knowledge into Enterprises" activities, offering one-on-one guidance and group sessions to help employees understand financial policies and maintain personal credit [2]. - In bustling commercial areas and agricultural markets, the bank promotes financial consumer rights and rational investment concepts through informational booths and brochures [1][2]. Group 4: Future Plans - The Hohhot branch plans to continue deepening financial knowledge promotion efforts, innovating outreach methods, and expanding coverage to establish a long-term and normalized financial literacy initiative [2].

Financial Sector - Agricultural Bank of China has a market value of 1,970.40 billion with a trading volume of 0.869 billion, closing at 5.63, unchanged [2] - Bank of China has a market value of 1,577.92 billion with a trading volume of 0.922 billion, closing at 5.36, down by 0.02 (-0.37%) [2] - China Construction Bank has a market value of 2,548.30 billion with a trading volume of 0.931 billion, closing at 7.15, up by 0.01 (+0.14%) [2] - Ping An Bank has a market value of 228.21 billion with a trading volume of 0.704 billion, closing at 11.76, down by 0.03 (-0.25%) [2] Insurance Sector - China Pacific Insurance has a market value of 379.00 billion with a trading volume of 0.498 billion, closing at 8.57, down by 0.40 (-1.10%) [3] - China Life Insurance has a market value of 986.45 billion with a trading volume of 0.474 billion, closing at 54.17, down by 0.14 (-1.61%) [3] Alcohol Industry - Kweichow Moutai has a market value of 1,779.91 billion with a trading volume of 2.309 billion, closing at 174.22, up by 2.00 (+1.16%) [3] - Wuliangye Yibin has a market value of 457.02 billion with a trading volume of 1.048 billion, closing at 1416.90, down by 5.39 (-0.38%) [3] Semiconductor Sector - Northern Huachuang has a market value of 222.64 billion with a trading volume of 2.390 billion, closing at 135.55, down by 2.80 (-2.02%) [3] - Cambrian has a market value of 240.46 billion with a trading volume of 1.292 billion, closing at 416.79, up by 4.40 (+1.07%) [3] Automotive Sector - BYD has a market value of 1,888.46 billion with a trading volume of 1.575 billion, closing at 5.75, down by 0.74 (-0.21%) [3] - Great Wall Motors has a market value of 183.33 billion with a trading volume of 0.183 billion, closing at 343.69, unchanged [3] Energy Sector - Sinopec has a market value of 252.79 billion with a trading volume of 0.817 billion, closing at 5.98, up by 0.07 (+1.18%) [3] - China National Offshore Oil Corporation has a market value of 725.05 billion with a trading volume of 0.866 billion, closing at 16.32, up by 0.07 (+0.78%) [3] Coal Industry - Shaanxi Coal and Chemical Industry has a market value of 193.99 billion with a trading volume of 1.408 billion, closing at 247.40, up by 0.07 (+0.18%) [3] - China Shenhua Energy has a market value of 777.06 billion with a trading volume of 0.450 billion, closing at 39.11, up by 0.23 (+1.16%) [3] Other Sectors - Longyuan Power has a market value of 744.32 billion with a trading volume of 1.402 billion, closing at 9.43, down by 0.04 (-0.13%) [4] - CITIC Securities has a market value of 393.93 billion with a trading volume of 0.777 billion, closing at 18.58, down by 0.10 (-0.37%) [4] - Mindray Medical has a market value of 169.70 billion with a trading volume of 0.566 billion, closing at 232.70, up by 0.18 (+0.36%) [4]