上海银行股份有限公司 关于关联交易事项的公告 证券代码：601229 证券简称：上海银行 公告编号：临 2025-008 优先股代码：360029 优先股简称：上银优 1 可转债代码：113042 可转债简称：上银转债 上海银行股份有限公司（以下简称"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。 重要内容提示： 交易内容： 1、经公司董事会 2025 年第二次会议审议通过，同意吸收上海联和投资有限 公司（以下简称"联和投资"）及相关企业存款，自董事会审议通过之日起至 2026 年 3 月 31 日，存款日均余额不超过折合人民币 100 亿元，联和投资及相关 60 家企业共同使用上述额度。 2、经公司董事会 2025 年第二次会议审议通过，同意吸收上海国际港务（集 团）股份有限公司（以下简称"上港集团"）及相关企业存款，自董事会审议通 过之日起至 2026 年 3 月 31 日，存款日终余额不超过折合人民币 150 亿元，上港 集团及相关 33 家企业共同使用上述额度。 3、经公司董事会 2025 年第二次会议审议通过，同 ...

| 证券代码：601229 | 证券简称：上海银行 | 公告编号：临2025-007 | | --- | --- | --- | | 优先股代码：360029 | | 优先股简称：上银优1 | | 可转债代码：113042 | | 可转债简称：上银转债 | 上海银行股份有限公司 董事会 2025 年第二次会议决议公告 上海银行股份有限公司（以下简称"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。 公司董事会 2025 年第二次会议于 2025 年 3 月 20 日以现场加视频接入方式 召开，会议通知已于 2025 年 3 月 10 日以电子邮件方式发出。本次会议应出席董 事 17 人，实际出席董事 15 人，施红敏副董事长、牛韧职工董事委托金煜董事长 代为出席并表决。本次会议的召开符合《中华人民共和国公司法》《上海银行股 份有限公司章程》《上海银行股份有限公司董事会议事规则》的规定。 本次会议由金煜董事长主持，会议经审议并通过以下议案： 一、关于修订《风险偏好陈述书》的议案 表决情况：同意 17 票，反对 0 票，弃权 0 ...

Group 1 - Shanghai Bank's stock price increased by over 2%, reaching a new high not seen in over 8 years [1]

牛韧先生的简历详见公司于 2024 年 12 月 11 日刊载于上海证券交易所网站 （www.sse.com.cn）的《上海银行股份有限公司关于选举职工董事的公告》。 特此公告。 上海银行股份有限公司董事会 证券代码：601229 证券简称：上海银行 公告编号：临 2025-006 优先股代码：360029 优先股简称：上银优 1 可转债代码：113042 可转债简称：上银转债 上海银行股份有限公司（以下简称"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，公司收到《国家金融监督管理总局上海监管局关于牛韧上海银行董事 任职资格的批复》（沪金复〔2025〕131 号），国家金融监督管理总局上海监管 局已核准牛韧先生公司董事的任职资格。 上海银行股份有限公司 关于董事任职资格获监管机构核准的公告 2025 年 3 月 5 日 1 ...

Investment Rating - The report assigns a "Buy" rating for Shanghai Bank, indicating it is a preferred dividend stock due to its high dividend yield and stable performance [5]. Core Views - Shanghai Bank is characterized by low valuation, high dividend yield, and stable positive growth in performance, making it an attractive investment option [19]. - The bank's dividend yield is 5.24%, which is higher than the industry average of 4.59%, and it has maintained a dividend payout ratio above 25% since 2017 [19][20]. - The bank's total assets reached 3.23 trillion yuan as of Q3 2024, reflecting a year-on-year growth of 5.5% [20]. Summary by Sections Investment Overview - The report highlights the attractiveness of high dividend stocks in the current economic environment, with a significant spread between bank dividend yields and government bond yields [19]. - Shanghai Bank's dividend payout ratio is expected to remain stable, with an increase to 30.7% projected for mid-2024 [19][20]. Company Overview - The management team has shown confidence in the bank's long-term value by consistently increasing their shareholdings over the past six years [3]. - Shanghai Bank has established a strong regional presence, particularly in the Yangtze River Delta, with a loan distribution of 78.6% in this area as of mid-2024 [3][9]. Fundamental Analysis - The bank's asset scale has been steadily increasing, with a compound annual growth rate of 8.1% over the past five years [20]. - The bank's net profit for the first three quarters of 2024 was 175.9 billion yuan, reflecting a year-on-year increase of 1.4% [20]. - The bank's cost advantages are evident, with a return on equity (ROE) of 9.32% and a return on assets (ROA) of 0.72% as of Q3 2024 [4]. - The bank's non-performing loan (NPL) ratio has been on a downward trend, currently at 1.20%, indicating improving asset quality [11][12].

Investment Rating - The report assigns a "Buy" rating for Shanghai Bank, indicating it is a preferred dividend stock due to its high dividend yield and stable growth in performance [5]. Core Views - Shanghai Bank is characterized by low valuation, high dividend yield, and stable positive growth in performance, making it an attractive investment option [19]. - The bank's dividend yield is 5.24%, which is higher than the industry average of 4.59%, and it has maintained a dividend payout ratio above 25% since 2017, with an increase to 30% in 2023 [19][20]. - The bank's estimated price-to-book (PB) ratio for 2024 is 0.57, indicating a relatively low valuation compared to peers [19]. Summary by Sections Investment Overview - The report highlights the implementation of a moderately loose monetary policy in 2025, which is expected to create room for interest rate cuts, enhancing the attractiveness of high-dividend stocks [19]. - The bank's dividend strategy is expected to remain sustainable due to its high yield and stable performance [19]. Company Overview - Shanghai Bank has a stable management team, with executives continuously increasing their shareholdings over the past six years, reflecting confidence in the bank's long-term value [3]. - The bank has established a strong regional presence, particularly in the Yangtze River Delta, with significant loan distribution in this area [3][9]. Fundamental Analysis - The total asset size reached CNY 3.23 trillion as of Q3 2024, representing a year-on-year growth of 5.5%, supported by favorable regional conditions [20]. - The bank's revenue and net profit for the first three quarters of 2024 were CNY 39.54 billion and CNY 17.59 billion, respectively, showing a year-on-year increase of 0.7% and 1.4% [20]. - The bank's non-performing loan (NPL) ratio was 1.20% as of Q3 2024, continuing a downward trend since the end of 2021, indicating improving asset quality [12][11]. Financial Projections - The report forecasts the bank's net profit for 2024, 2025, and 2026 to be CNY 22.89 billion, CNY 23.32 billion, and CNY 23.78 billion, respectively, with growth rates of 1.55%, 1.88%, and 1.97% [13][14].

Core Insights - Shanghai Bank is committed to supporting small and micro enterprises (SMEs) through a customer-centric approach and has established a financing coordination mechanism to assist their growth [1][6] Group 1: Financial Support Initiatives - Shanghai Bank's Ningbo branch provided a timely loan of 7.7 million yuan to a local SME, enabling the business to enhance production efficiency and project a sales growth of over 20% by 2025 [2] - The bank's collaboration with a fintech company facilitated nearly 500 million yuan in funding support for over 100 ICT project suppliers, promoting industry chain collaboration [3] - Since the implementation of the financing coordination mechanism, Shanghai Bank has visited nearly 20,000 SMEs and granted credit amounting to over 30 billion yuan [6] Group 2: Digital Transformation and Service Enhancement - Shanghai Bank is advancing its digital transformation by creating an efficient online application process for SMEs, allowing for quick access to financial services [2] - The bank's "Yin Tax Loan" product utilizes data modeling technology for intelligent approval, enabling rapid loan processing within minutes for compliant SMEs [3] Group 3: Collaborative Efforts and Local Engagement - The bank has established a specialized working group led by the president to deploy and manage the financing coordination mechanism effectively [4] - Local branches are actively engaging with various stakeholders, including government departments and business associations, to identify and address the financing needs of SMEs [5]

| 证券代码：601229 | 证券简称：上海银行 | 公告编号：临2025-003 | | --- | --- | --- | | 优先股代码：360029 | | 优先股简称：上银优1 | | 可转债代码：113042 | | 可转债简称：上银转债 | 上海银行股份有限公司 董事会 2025 年第一次会议决议公告 上海银行股份有限公司（以下简称"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。 公司董事会 2025 年第一次会议于 2025 年 1 月 24 日以现场加视频接入方式 召开，会议通知已于 2025 年 1 月 14 日以电子邮件方式发出。本次会议应出席董 事 16 人，实际出席董事 16 人。本次会议的召开符合《中华人民共和国公司法》 《上海银行股份有限公司章程》《上海银行股份有限公司董事会议事规则》的规 定。 本次会议由金煜董事长主持，会议经审议并通过以下议案： 一、关于 2025 年度经营计划的议案 表决情况：同意 16 票，反对 0 票，弃权 0 票。 二、关于修订《行长工作细则》的议案 本议案回避表 ...

| 证券代码：601229 | 证券简称：上海银行 | 公告编号：临2025-004 | | --- | --- | --- | | 优先股代码：360029 | | 优先股简称：上银优1 | | 可转债代码：113042 | | 可转债简称：上银转债 | 上海银行股份有限公司 监事会 2025 年第一次会议决议公告 公司监事会 2025 年第一次会议于 2025 年 1 月 24 日以现场方式召开，会议 通知已于 2025 年 1 月 14 日以电子邮件方式发出。本次会议应出席监事 4 人，实 际出席监事 4 人。本次会议的召开符合《中华人民共和国公司法》《上海银行股 份有限公司章程》《上海银行股份有限公司监事会议事规则》的规定。 上海银行股份有限公司（以下简称"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。 2025 年 1 月 25 日 1 会议还听取了《关于 2024 年度工作回顾暨 2025 年度工作要点的报告》《关 于 2025 年度经营计划的报告》。 特此公告。 上海银行股份有限公司监事会 本次会议由葛明监事 ...

证券代码：601229 证券简称：上海银行 公告编号：临 2025-005 优先股代码：360029 优先股简称：上银优 1 可转债代码：113042 可转债简称：上银转债 交易内容： 1、经公司董事会 2025 年第一次会议审议通过，同意吸收上银理财有限责任 公司（以下简称"上银理财"）同业定期存款日终最高余额不超过 30 亿元，有 效期为自董事会审议通过之日起一年。 2、经公司董事会 2025 年第一次会议审议通过，同意吸收中船财务有限责任 公司（以下简称"中船财务"）同业定期存款日终最高余额不超过 10 亿元，有 效期为自董事会审议通过之日起一年。 3、经公司董事会 2025 年第一次会议审议通过，同意吸收城银清算服务有限 责任公司（以下简称"城银清算"）同业定期存款日终最高余额不超过 55 亿元， 有效期为自董事会审议通过之日起一年。 上海银行股份有限公司 关于关联交易事项的公告 上海银行股份有限公司（以下简称"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。 重要内容提示： 经公司董事会 2025 年第一次会议审议 ...