Core Viewpoint - Xiamen Bank has approved the appointment of Zhang Qiufa as the vice president, who has extensive experience in retail banking from his previous role at Industrial Bank [1][2]. Group 1: Appointment of Zhang Qiufa - Zhang Qiufa, born in November 1976, has been approved to serve as the vice president of Xiamen Bank after the board's decision in May [2][3]. - He has a strong background in retail banking, having held various senior positions at Industrial Bank, including vice president of the Fujian Management Department [2][3]. Group 2: Financial Performance - Xiamen Bank reported a revenue of 5.759 billion yuan for 2024, a year-on-year increase of 2.79%, while net profit attributable to shareholders decreased by 2.61% to 2.594 billion yuan [4]. - The bank experienced a decline in loan volume, with total loans and advances dropping from 209.7 billion yuan in 2023 to 205.46 billion yuan in 2024, a decrease of 4.24 billion yuan [4]. - In the first quarter of 2024, the bank's revenue fell to 1.214 billion yuan, down 18.42% year-on-year, and net profit decreased by 14.21% to 645 million yuan [4]. Group 3: Regulatory Issues - Xiamen Bank faced regulatory penalties in 2024, including a fine of 400,000 yuan for improper sales of financial products and a warning issued to a branch manager [4]. - The bank's corporate banking app was also reported for illegal collection and use of personal information [4]. Group 4: Market Performance - As of August 1, 2024, Xiamen Bank's stock price was 6.86 yuan per share, with a total market capitalization of 18.1 billion yuan [5]. - The stock showed a slight increase of 0.15% on that day [6].

Group 1 - Xiamen Bank announced the approval of Zhang Qiufan's appointment as Vice President by the National Financial Supervision Administration [1] - Zhang Qiufan, born in November 1976, has extensive experience in the banking sector, having held various positions at Industrial Bank [1] - His previous roles include Vice President of Retail Business Division and General Manager of Retail Business Management Department at Industrial Bank [1]

北京商报讯（记者 孟凡霞 实习记者 周义力）8月1日，厦门银行发布公告称，该行于近日收到《国家金 融监督管理总局厦门监管局关于张秋发厦门银行副行长任职资格的批复》，核准张秋发担任该行副行长 的任职资格。 公告显示，张秋发，1976年11月出生，男，中国国籍，无境外永久居留权，本科学历。历任兴业银行漳 州分行计划资金部职员、副科长、科长、业务拓展部副总经理、个人业务部副总经理（主持工作）、零 售业务部副总经理（主持工作）、零售事业部业务管理部总经理；兴业银行厦门分行零售事业部综合管 理部总经理、零售事业部副总裁、零售事业部副总裁兼客户发展和营销管理部总经理、零售事业部副总 裁兼零售业务管理部总经理；兴业银行泉州分行党委委员、行长助理、副行长；兴业银行总行福建管理 部副总裁。 ...

厦门银行股份有限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。 近日，厦门银行股份有限公司（以下简称"公司"）收到《国家金融监督管 理总局厦门监管局关于张秋发厦门银行副行长任职资格的批复》（厦金复〔2025〕 70 号），核准张秋发先生公司副行长的任职资格。 张秋发先生的简历详见公司于 2025 年 5 月 13 日在上海证券交易所网站 （www.sse.com.cn）披露的《厦门银行股份有限公司第九届董事会第十九次会议 决议公告》（公告编号：2025-024）。 特此公告。 证券代码：601187 证券简称：厦门银行 公告编号:2025-032 厦门银行股份有限公司董事会 厦门银行股份有限公司 2025 年 8 月 1 日 关于副行长任职资格获得核准的公告 1 ...

证券之星消息，8月1日城商行板块较上一交易日上涨1.08%，宁波银行领涨。当日上证指数报收于 3559.95，下跌0.37%。深证成指报收于10991.32，下跌0.17%。城商行板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002142 | 宁波银行 | 28.48 | 2.19% | 40.15万 | | 11.38亿 | | 6000000 | 南京银行 | 11.68 | 1.74% | 53.44万 | | 6.19亿 | | 601838 | 成都银行 | 18.72 | 1.35% | 29.71万 | | 5.51亿 | | 600926 | 杭州银行 | 16.26 | 1.31% | 57.32万 | | 9.26亿 | | 002948 | 青岛银行 | 4.81 | 1.26% | 90.82万 | | 4.45 乙 | | 616009 | 江苏银行 | 11.44 | 1.24% | 129.60万 | | 14.71亿 | | ...

证券之星消息，7月31日城商行板块较上一交易日下跌1.69%，青岛银行领跌。当日上证指数报收于 3573.21，下跌1.18%。深证成指报收于11009.77，下跌1.73%。城商行板块个股涨跌见下表： 从资金流向上来看，当日城商行板块主力资金净流入3.55亿元，游资资金净流出3.48亿元，散户资金净流 出672.91万元。城商行板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601009 南京银行 | | 1.36亿 | 18.02% | -7561.65万 | -10.00% | -6062.50万 | -8.02% | | 600926 杭州银行 | | 8796.45万 | 7.39% | -6639.21万 | -5.58% | -2157.24万 | -1.81% | | 002966 苏州银行 | | 5001.57万 | 15.54% | -2207.49万 | -6.86% ...

2025年7月21日，福建金融监管局发布批复称，《厦门银行股份有限公司关于吴连萍任职资格核准事项 的请示》（厦门银行〔2025〕131号）收悉。经审核，现批复如下： 三、厦门银行应督促上述核准任职资格人员持续学习和掌握经济金融相关法律法规，牢固树立风险合规 意识，熟悉任职岗位职责，忠实勤勉履职。 一、核准吴连萍厦门银行股份有限公司福州分行副行长的任职资格。 二、厦门银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自厦门银行政许可决 定作出之日起3个月内到任，并按要求及时报告到任情况。未在上述规定期限内到任的，本批复文件失 效，由决定机关办理行政许可注销手续。 ...

证券之星消息，7月29日城商行板块较上一交易日下跌1.48%，厦门银行领跌。当日上证指数报收于 3609.71，上涨0.33%。深证成指报收于11289.41，上涨0.64%。城商行板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600009 | 南京银行 | 6680.57万 | 13.82% | -263.61万 | -0.55% | -6416.96万 | -13.28% | | 601838 | 成都银行 | 1405.65万 | 3.19% | 283.88万 | 0.64% | -1689.53万 | -3.83% | | 002966 苏州银行 | | 1033.19万 | 3.16% | 3763.59万 | 11.50% | -4796.78万 | -14.65% | | 002936 郑州银行 | | 637.86万 | 1.99% | -1146.12万 | -3.57% | ...

Core Viewpoint - The banking sector in A-shares is experiencing a "small bull market" with 29 out of 42 listed banks showing gains as of July 28, driven by multiple positive factors and expected to present a structural market trend in the future [1][3][7] Group 1: Market Performance - On July 28, banks like Qilu Bank and Qingdao Bank saw significant intraday gains, with Qilu Bank rising over 5% and Qingdao Bank over 3% [1][3] - Year-to-date, the banking sector has shown a steady upward trend, with banks like Qingdao Bank, Shanghai Pudong Development Bank, and Xiamen Bank achieving over 30% gains [3][4] - Despite a brief fluctuation in July, the overall upward trend remains supported by low valuations and high dividend yields [3][4] Group 2: Fundamental Improvements - The banking sector's asset quality has improved significantly, with a decrease in non-performing loan ratios and stable provision coverage ratios [4][6] - The economic recovery expectations have alleviated net interest margin pressures, leading to a steady rebound in profitability [4][6] Group 3: Policy and Valuation Support - Regulatory support for the banking sector, including liquidity release and optimized regulatory assessments, has created a favorable external environment [4][5] - Long-standing low valuations of bank stocks, with price-to-book ratios generally below 1, are expected to undergo a correction as market risk appetite increases [4][5] Group 4: Capital Inflows - Continuous inflows of long-term funds, particularly from insurance capital seeking stable returns, have bolstered the banking sector [5][6] - The expansion of passive funds and foreign capital inflows since Q2 have further supported the upward movement of bank stocks [5][6] Group 5: Positive Feedback Loop - Rising bank stock prices enhance banks' financing capabilities, reducing equity financing costs and improving credit image [6][7] - The increase in core capital through convertible bonds can enhance banks' credit expansion capabilities, ultimately benefiting the real economy [7] Group 6: Future Outlook - Analysts predict a structural market trend for the banking sector, with a focus on banks with strong asset quality and profitability [7][8] - The second half of 2025 is expected to see a fluctuating upward trend in the banking sector, with particular attention on low-valuation banks and those with strong fundamentals [7][8]

Investment Rating - The report maintains an "Outperform" rating for the banking sector, consistent with the previous rating [6]. Core Insights - The impact of the current "anti-involution" trend on credit is expected to be small overall, but slightly greater than the effects observed during the supply-side reform period from 2015 to 2017 [11][12]. - Credit management is a crucial tool for banks in responding to supply-side reforms, primarily through reducing credit exposure to overcapacity industries and refining client lists to limit loan amounts [12][13]. - The report suggests that the current banking environment is facing a credit slowdown, which may amplify the impact of "anti-involution" on credit growth [13]. Summary by Sections Investment Suggestions - The report recommends focusing on banks such as Xiamen Bank, Chongqing Bank, Yucheng Rural Commercial Bank, Shanghai Bank, and Shanghai Agricultural Bank, as well as major state-owned banks [2][57]. Historical Context and Data Analysis - During the supply-side reform period, the year-on-year growth rates of RMB credit were 14%, 13.5%, and 13.5% from 2015 to 2017, with social financing growth rates of 12.5%, 12.6%, and 14.8% respectively, indicating limited impact on credit pulses [12][13]. - The analysis shows that the impact of supply-side reform on credit was less than 1%, with a more significant effect on joint-stock banks compared to state-owned banks [18][22]. Credit Management and Asset Quality - Credit management during the supply-side reform led to a notable increase in non-performing loan (NPL) ratios in overcapacity industries, with a significant rise in overall NPL ratios for listed banks in the second half of 2016 [13][32]. - The report indicates that the "anti-involution" trend may lead to a similar, albeit slightly larger, impact on credit quality compared to the previous reforms, particularly affecting private enterprises more than state-owned ones [11][45]. Industry Trends and Projections - The report highlights that the proportion of private enterprises in the affected industries has increased compared to the supply-side reform period, suggesting that credit control measures may disproportionately impact these firms [45]. - It notes that the current banking sector is experiencing a degree of asset scarcity, which could further exacerbate the effects of credit management policies [45][46].