Core Viewpoint - Xiamen Bank is gradually releasing development momentum while still in a critical entrepreneurial stage, focusing on its "2+3" five-year strategic plan which emphasizes stability, progress, and establishment [1][2]. Group 1: Financial Performance - In the first half of 2025, Xiamen Bank achieved operating income of 2.69 billion yuan and net profit attributable to shareholders of 1.16 billion yuan, showing significant improvement compared to the first quarter [2]. - The bank's net interest margin rebounded by 4 basis points in the second quarter, with a notable narrowing of the year-on-year decline in net interest income [2][6]. - The total loan amount exceeded 220 billion yuan by the end of June, marking a 7.5% increase from the beginning of the year, the highest growth rate for the same period in four years [3]. Group 2: Market Strategy - The bank is focusing on segmented markets, particularly in Fujian and Chongqing, to accelerate business development and stabilize asset and liability sides [3]. - Key areas of focus include provincial and municipal projects, manufacturing upgrades, inclusive finance, technological innovation, and green transformation [3]. - Retail deposits surpassed 90 billion yuan by the end of June, with an increase of over 10 billion yuan compared to the previous year, and retail deposits accounted for over 40% of total deposits [4]. Group 3: Interest Margin Management - Xiamen Bank has improved its asset-liability structure while managing interest margins effectively, resulting in a reduction of the average interest rate on corporate deposits by 38 basis points [5][6]. - The bank's retail deposit interest rate decreased by 16 basis points compared to the end of the previous year, contributing to a more favorable interest margin [6]. - Non-interest income reached 420 million yuan in the second quarter, a year-on-year increase of 9.2%, helping to turn the quarterly revenue growth positive [7]. Group 4: Customer Management - The bank emphasizes expanding its customer base while deepening customer management, aiming to enhance customer interaction and loyalty [8]. - The number of corporate strategic clients increased by 7.8% and 11.4% for total and branch-level clients, respectively, with a focus on state-owned enterprises and high-quality private companies [9]. - Retail customer numbers reached 2.772 million by the end of June, with a growth rate of 2.7%, and the increase in high-net-worth and private banking clients exceeded the total for the previous year [9].

Core Viewpoint - Xiamen Bank has demonstrated strong operational resilience and steady growth in its business scale and profitability in the first half of 2025, despite a complex market environment [1][3][10] Financial Performance - As of June 30, 2025, total assets reached CNY 4340.01 billion, a 6.43% increase from the end of the previous year [3] - Total loans and advances amounted to CNY 2209.14 billion, up 7.52% year-on-year [3] - Total deposits reached CNY 2299.01 billion, reflecting a 7.35% increase from the previous year [3] - Operating income for the first half of 2025 was CNY 26.89 billion, with Q2 income of CNY 14.75 billion, a quarter-on-quarter increase of 21.45% [3] - Net profit attributable to shareholders was CNY 11.58 billion, with net interest income of CNY 19.92 billion [3] - The net interest margin improved by 4 basis points compared to Q1, with a year-on-year decline in net interest income narrowing to -0.47% [3] Asset Quality - The non-performing loan ratio stood at 0.83%, maintaining a favorable level among A-share listed banks [4] - The corporate loan non-performing rate remained stable at 0.55%, with a provision coverage ratio of 321.67% [4] Dividend Policy - The bank has maintained a stable and sustainable dividend policy, with a cash dividend rate of 32.62% for the first time in 2024, the highest since its listing [4] Business Strategy - Xiamen Bank has focused on high-quality development strategies, enhancing customer interaction through differentiated services, resulting in a 7.83% increase in strategic customers [5] - Corporate deposits (excluding margin deposits) reached CNY 1286.91 billion, a 4.79% increase from the previous year [5] - The average interest rate on corporate deposits decreased by 38 basis points compared to the previous year, reinforcing funding cost advantages [5] Support for Small and Micro Enterprises - The bank has implemented mechanisms to support small and micro enterprises, with a balance of re-loans for agriculture and small businesses exceeding CNY 12 billion [6] - Green credit balance reached CNY 169.36 billion, a 29.58% increase year-on-year, with the issuance of CNY 30 billion in green bonds [6] Cross-Strait Financial Cooperation - Xiamen Bank has enhanced its financial services for Taiwanese enterprises, with a 51% increase in loans to Taiwanese companies compared to the previous year [7] - The number of Taiwanese clients and credit accounts grew by 7%, with Taiwanese clients holding 1.42 times the average deposits of all corporate clients [7][8] Future Outlook - The bank aims to continue leveraging its regional advantages and deepen cross-strait financial cooperation to contribute to local economic development and cross-strait integration [10]

Core Viewpoint - The company reported a decline in key financial metrics for the first half of 2025, with a focus on maintaining stability and quality in its operations while navigating challenges in the banking sector [1][2][4]. Company Overview and Financial Indicators - The company, Xiamen Bank, was established on November 26, 1996, and has a registered capital of 2,639,127,888 yuan [2]. - As of June 30, 2025, total assets reached 434 billion yuan, a 6.43% increase from the previous year [2]. - The total amount of customer loans and advances was 220.91 billion yuan, up 7.52% year-on-year [2]. - The bank's net profit attributable to shareholders was 1.15 billion yuan, reflecting a 5.07% decrease compared to the same period in 2024 [2]. Financial Performance - Operating income for the first half of 2025 was 2.69 billion yuan, down 7.02% from the previous year [2]. - The bank's operating profit decreased by 8.07% to 1.21 billion yuan [2]. - The total profit amounted to 1.21 billion yuan, a decline of 7.83% year-on-year [2]. - The bank's basic earnings per share were 0.41 yuan, down 4.65% from the previous year [2]. Asset Quality and Risk Management - The non-performing loan ratio increased to 0.83%, up from 0.74% in the previous year [3]. - The provision coverage ratio was reported at 321.67%, down from 391.95% [3]. - The bank has implemented measures to manage various operational risks, including credit, liquidity, market, operational, information technology, and reputational risks [1]. Industry Context - The banking sector in China is experiencing stable growth in asset and liability scales, with a total asset amount of 467.3 trillion yuan as of the second quarter of 2025, reflecting a year-on-year increase of 7.9% [4]. - The overall non-performing loan ratio for commercial banks was reported at 1.49%, with a slight increase of 0.02 percentage points [4]. - The net interest margin for the banking sector was 1.42%, showing a decrease of 0.01 percentage points compared to the previous quarter [4]. Business Strategy and Development - The company is focusing on high-quality development strategies, enhancing its capabilities in corporate banking, retail banking, cross-strait finance, and funding operations [4]. - The bank aims to deepen its engagement with small and medium-sized enterprises (SMEs) and enhance its service offerings in the green finance sector [5][6]. - The company has reported a 29.58% increase in its green credit balance, reaching 16.94 billion yuan by the end of the reporting period [6]. Technological and Financial Innovations - The bank is actively enhancing its digital capabilities and financial technology applications to improve operational efficiency and customer experience [9][10]. - The company has introduced various financial products and services to support technology innovation and sustainable development [7][8].

Company Overview - Xiamen Bank focuses on high-quality development strategies, enhancing capabilities in corporate, retail, cross-strait finance, and funding businesses, achieving stable growth in business scale and profitability [3][4] - The bank aims to be a trusted comprehensive financial service partner for corporate clients, providing solid financial support for regional economic development [3] Business Performance - The bank's corporate loan and advance balance reached 143.096 billion yuan, a growth of 17.21% compared to the previous year [3] - The bank's total deposits (excluding margin deposits) amounted to 128.691 billion yuan, an increase of 4.79% year-on-year [4][5] - The average interest rate on corporate deposits decreased by 38 basis points compared to the previous year, indicating effective cost control [5] Customer Management - The bank has expanded its corporate customer base, with strategic customers increasing by 7.83% and institutional customers by 8.75% compared to the previous year [3][4] - The bank emphasizes differentiated services to activate growth momentum, optimizing customer structure and enhancing client interaction frequency [3] Financial Inclusion - The bank has focused on supporting small and micro enterprises, with new inclusive small and micro loans issued at a rate 0.32 percentage points lower than the previous year [6] - The bank has leveraged financial tools to support over 14 billion yuan in loans for small and micro enterprises and private enterprises [6] Green Finance - The bank's green credit balance reached 16.936 billion yuan, a growth of 29.58% compared to the previous year [7] - The bank issued 3 billion yuan in green bonds to support green project loans, effectively reducing financing costs [7] Technology and Innovation - The bank's technology loan balance reached 21.487 billion yuan, an increase of 18.59% year-on-year [8] - The bank has implemented various financial policies to support high-tech industries, with loans to strategic emerging industries growing by over 50% [8] Retail Banking - The bank's retail customer base reached 2.7719 million, with an increase of 72,500 customers compared to the previous year [15] - Retail financial assets amounted to 118.164 billion yuan, reflecting an increase of 8.40% year-on-year [15] Digital Transformation - The bank has launched the "Xiamen e-Station" mini-program to enhance customer engagement and streamline marketing efforts [20] - The bank is focused on improving digital capabilities, enhancing customer experience through intelligent risk control and precise marketing [21][22] Cross-Strait Financial Services - The bank has maintained a leading position in cross-strait financial services, with a 7% increase in the number of Taiwanese enterprise clients compared to the previous year [27] - The bank has developed a unique product and service system for Taiwanese clients, enhancing their financial experience in mainland China [28][29]

Core Viewpoint - Xiamen Bank's board of directors held its 24th meeting of the 9th session, approving several key proposals including the 2025 semi-annual report and risk assessment, reflecting the bank's commitment to transparency and governance [1][2][3][4] Group 1: Meeting Details - The meeting was convened on August 28, 2025, in Quanzhou, with all 12 directors present, ensuring compliance with relevant laws and regulations [1] - The board approved the semi-annual report with unanimous support, indicating strong internal consensus [2] Group 2: Key Proposals Approved - The board approved the comprehensive risk report for the first half of 2025, highlighting the bank's focus on risk management [2] - The compensation distribution plan for 2024 was approved, with one director abstaining due to conflict of interest [2][3] - The performance compensation clawback report for 2024 was also approved, demonstrating accountability in executive compensation [2][3] Group 3: Additional Proposals - The internal rating system implementation plan was approved, indicating a strategic move towards enhanced credit risk assessment [3] - The update on recovery and disposal plans was approved, reflecting proactive risk management strategies [3] - The third pillar information disclosure report for the first half of 2025 was approved, ensuring compliance with regulatory requirements [3] - The consumer rights protection report for the first half of 2025 was approved, emphasizing the bank's commitment to customer service [3] - A credit application from the Seven Wolves Group was approved, with one director abstaining due to related party concerns [3][4] Group 4: Reports Presented - The board received reports on the capacity of newly established branches and the focus areas for retail business in the second half of 2025, indicating strategic planning for growth [4]

证券代码：601187 证券简称：厦门银行 公告编号：2025-036 厦门银行股份有限公司 第九届监事会第十六次会议决议公告 厦门银行股份有限公司监事会及全体监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。 厦门银行股份有限公司（以下简称"公司"）第九届监事会第十六次会议 通知于 2025 年 8 月 18 日以电子邮件方式发出，会议于 2025 年 8 月 28 日在泉 州以现场会议方式召开，由王建平监事长召集并主持。本次会议应出席的监事 郑峰监事代为出席并表决。公司高级管理人员列席了会议。本次会议的召集、 召开程序符合《中华人民共和国公司法》等法律法规和《厦门银行股份有限公 司章程》的有关规定。 与会监事对议案进行了审议，形成如下决议： 表决结果：以 6 票赞成，0 票反对，0 票弃权获得通过。 监事会认为，公司《2025 年半年度报告》及其摘要的编制和审核程序符合 法律、行政法规和监管规定，报告的内容真实、准确、完整地反映了公司的实际 情况。 详见公司同日于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 ...

Market Overview - The city commercial bank sector experienced a decline of 0.92% on August 29, with Suzhou Bank leading the drop [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Individual Stock Performance - Xi'an Bank saw a significant increase of 10.00%, closing at 4.18, with a trading volume of 1.51 million shares and a transaction value of 623 million yuan [1] - Qingdao Bank and Xiamen Bank also reported slight increases of 1.03% and 0.75%, respectively [1] - Conversely, Suzhou Bank experienced a decline of 2.40%, closing at 8.12, with a trading volume of 744,000 shares and a transaction value of 612 million yuan [2] Capital Flow Analysis - The city commercial bank sector had a net outflow of 1.793 billion yuan from institutional investors, while retail investors saw a net inflow of 913 million yuan [2] - The capital flow data indicates that retail investors are showing interest in the sector despite the overall decline [2] Detailed Capital Flow by Stock - Xi'an Bank had a net inflow of 99.76 million yuan from institutional investors, while it faced a net outflow of 42.89 million yuan from retail investors [3] - Hangzhou Bank also saw a net inflow of 61.29 million yuan from institutional investors, but retail investors withdrew 35.94 million yuan [3] - In contrast, Qilu Bank experienced a significant net outflow of 62.93 million yuan from institutional investors, while retail investors had a net inflow of 35.68 million yuan [3]

Core Viewpoint - Xiamen Bank demonstrated strong resilience and improved operational performance in the first half of 2025, achieving steady growth in scale indicators and maintaining good asset quality despite a complex economic environment [1][2]. Financial Performance - As of June 30, 2025, Xiamen Bank's total assets reached 434 billion yuan, a 6.43% increase from the end of the previous year; total loans and advances amounted to 220.91 billion yuan, up 7.52% [1] - The bank's net profit for the first half of the year was 1.216 billion yuan, with operating income of 2.689 billion yuan, reflecting a 21.45% quarter-on-quarter increase in the second quarter [1] - The net interest margin improved by 4 basis points quarter-on-quarter, with net interest income's year-on-year decline narrowing from 4.63% in Q1 to 0.47% in Q2 [1] Asset Quality - The non-performing loan ratio stood at 0.83%, remaining below 1%, with a provision coverage ratio of 321.67%, indicating strong risk mitigation capabilities [2]. Business Focus Areas - The bank is committed to supporting the real economy, with corporate loans and advances (excluding bill discounting) reaching 143.096 billion yuan, a 17.21% increase year-on-year [3] - Inclusive finance initiatives have been strengthened, with new loan rates for small and micro enterprises decreasing by 0.32 percentage points since the beginning of the year, and over 4900 small and private enterprises supported through loans exceeding 48 billion yuan [3] - Green finance has seen significant growth, with green credit balances reaching 16.936 billion yuan, a 29.58% increase year-on-year, and the number of green credit clients growing by 10.7% [3] Technological and Rural Development Initiatives - The bank has increased support for high-tech and strategic emerging industries, with loans in these sectors growing over 50% year-on-year [4] - Efforts to promote rural revitalization include establishing a financial service leadership group and supporting geographical indication industries, with related loan balances increasing by over 50 million yuan [4] Retail Business Transformation - Xiamen Bank's retail customer base grew to 2.7719 million, with effective customers increasing by 11.66% year-on-year, indicating improved customer quality [5] - Retail financial assets reached 118.164 billion yuan, an 8.40% increase, with retail deposits surpassing 90 billion yuan, reflecting a 12.23% growth [6] - Digital service transformation is progressing, with a 6.03% increase in mobile banking customers and a high success rate in intelligent customer service [6] Network and Channel Development - The bank has optimized its branch layout and completed the renovation of 123 branches to enhance service quality, with a focus on covering potential areas and increasing density in key regions [7] - Plans for the second half of 2025 include deepening regional economic engagement and optimizing business layout while ensuring compliance and risk management [7]

Core Insights - Xiamen Bank (601187.SH) reported a total operating revenue of 2.689 billion yuan for the first half of 2025, ranking 15th among disclosed peers, which is a decrease of 203 million yuan or 7.02% year-on-year [1] - The net profit attributable to shareholders was 1.158 billion yuan, ranking 14th among peers, down by 55.6972 million yuan or 4.59% compared to the same period last year [1] - The net cash flow from operating activities was -2.144 billion yuan, ranking 13th among peers, a decrease of 2.2225 billion yuan or 2735.47% year-on-year [1] Financial Ratios - The latest debt-to-asset ratio is 92.47%, ranking 5th among peers, which is an increase of 0.31 percentage points from the previous quarter and the same increase compared to the same period last year [3] - The latest return on equity (ROE) is 3.63%, ranking 13th among peers, down by 0.34 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.41 yuan, ranking 12th among peers, a decrease of 0.02 yuan or 4.65% year-on-year [3] - The latest total asset turnover ratio is 0.01 times, ranking 15th among peers, remaining flat compared to the previous year but down by 12.33% year-on-year [3]

格隆汇8月28日丨厦门银行(601187.SH)发布2025半年度报告，公司上半年实现营业收入26.89亿元，同比 下滑7.02%；归母净利润11.58亿元，同比下滑4.59%；扣非归母净利润11.52亿元，同比下滑5.07%。 ...