中央纪委国家监委网站讯 据中央纪委国家监委驻中国农业银行纪检监察组、河北省纪委监委消息：日 前，中央纪委国家监委驻中国农业银行纪检监察组、河北省承德市监委对中国农业银行河北省分行原党 委委员、副行长陈元良严重违纪违法问题进行了立案审查调查。 经查，陈元良丧失理想信念，背弃初心使命，私自阅看有严重政治问题的书籍，对抗组织审查；无视中 央八项规定精神，借用管理和服务对象车辆；违反组织原则，利用原职务影响违规为他人谋取人事利 益；廉洁底线失守，违规收受礼品、礼金、消费卡，借用管理和服务对象钱款，接受可能影响公正执行 公务的宴请，违规从事营利活动；不正确履行职责，违规批准对外提供担保；贪欲膨胀，甘于被"围 猎"，利用职务便利为他人在贷款审批、项目承揽等方面谋利，并非法收受巨额财物。 陈元良严重违反党的政治纪律、组织纪律、廉洁纪律、工作纪律和生活纪律，构成严重职务违法并涉嫌 受贿犯罪，且在党的十八大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产 党纪律处分条例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经 中国农业银行党委研究，决定给予陈元良开除党籍处分；经中央纪委国家 ...

Group 1 - The approval of You Hangtao's appointment as the Vice President of Agricultural Bank of China, Fujian Branch has been granted by the Sanming Financial Regulatory Bureau [1] - The approved personnel must comply with the regulatory requirements and report their appointment status within three months from the date of the decision [1] - The Agricultural Bank of China is required to ensure that the approved personnel continuously learn and understand relevant economic and financial laws and regulations, and maintain a strong awareness of risk compliance [1]

敬请您妥善安排业务办理时间。由此给您带来的不便，中国农业银行深表歉意，并将尽快恢复对您的服 务。如需帮助，请拨打中国农业银行客户服务热线：95599。 一、2月7日22:00至2月8日0:00，中国农业银行银企智联系统总行大客户专线直连客户业务将出现1次秒 级瞬断现象。 二、2月7日23:00至23:05，中国农业银行厦门地区的企业网银用户将出现1次暂停服务现象，影响时长5 分钟以内。 2026年2月5日，中国农业银行（601288）发布公告称，为了提供更便捷、高效的服务，中国农业银行拟 于近期实施生产系统维护，预计影响情况如下： ...

Summary of Key Points Core Viewpoint - The company has approved a guarantee limit of 70 million yuan for its subsidiaries, with specific limits based on their asset-liability ratios, and has signed a mortgage contract with a bank to secure debts for its wholly-owned subsidiary [1][2]. Group 1: Guarantee Overview - The company held board and shareholder meetings to approve a guarantee limit of 70 million yuan for its subsidiaries, with 50 million yuan for subsidiaries with an asset-liability ratio below 70% and 20 million yuan for those above [1]. - The company has a total guarantee amount of up to 580 million yuan, which represents 89.59% of its latest audited net assets [6]. Group 2: Guarantee Progress - A mortgage contract was signed with China Agricultural Bank for the subsidiary, covering debts with a maximum guarantee amount of 46.64 million yuan and 98.16 million yuan [3]. - The guarantee covers various financial services including loans, bank guarantees, and other credit-related services [3]. Group 3: Guarantee Agreement Details - The mortgage is secured by real estate, and the company must register the mortgage within five days of the contract's effectiveness [4]. - The contract becomes effective upon signing or stamping by all parties involved [4]. Group 4: Guarantee Status - As of the announcement date, the company's guarantee balance is 119.85 million yuan, accounting for 18.51% of its latest audited net assets, with no overdue guarantees or litigation issues reported [6].

Core Viewpoint - A significant market shift is occurring, characterized by a mass exodus of funds from technology and precious metals sectors, with a notable influx into bank stocks as a safe haven amid rising panic and volatility [2][5][21]. Group 1: Market Dynamics - The U.S. tech stocks experienced a sharp decline, with the Nasdaq dropping over 2%, and major companies like Nvidia, Meta, and Tesla falling more than 3%. AMD saw a staggering drop of 17.3%, marking its largest single-day decline in nearly nine years [2][5]. - Panic spread to A-shares and Hong Kong stocks, with sectors like solar energy and oil equipment witnessing significant sell-offs. Precious metals, which had recently rebounded, also faced a sharp decline, with silver futures plummeting nearly 20% in a single day [3][5]. - The market turmoil was triggered by negative news affecting U.S. tech stocks, leading to a valuation bubble burst. Despite AMD's strong performance, its results fell short of the most optimistic analyst expectations, resulting in a drastic stock price drop [5][6]. Group 2: Bank Sector Resilience - In contrast to the broader market, the banking sector saw a rise, with A-share bank stocks collectively increasing by 2.1%. All 42 bank stocks closed in the green, with Xiamen Bank hitting a rare limit-up and several city commercial banks rising over 3% [3][15]. - Southbound funds significantly targeted bank stocks, with a net purchase exceeding 22 billion HKD, focusing on major banks like ICBC, CMB, and CCB as core investment targets [4][20]. - The banking sector is viewed as a "safe haven" due to its strong earnings growth and historically low valuations, making it an attractive option for risk-averse investors [21][22]. Group 3: Earnings and Valuation - Recent earnings reports from several banks indicate robust growth, with Qingdao Bank, Hangzhou Bank, and Shanghai Pudong Development Bank showing significant increases in net profits. For instance, Qingdao Bank reported a net profit of 51.88 billion CNY, a 21.66% year-on-year increase [23][25]. - The banking sector has undergone a six-month correction, leading to a new valuation bottom. The sector's price-to-earnings ratio stands at a low 6.7 times, and the average dividend yield is between 4.87% and 5.2%, making it appealing in a low-interest-rate environment [27][28]. - Institutional interest in bank stocks is rising, with over 370 institutions conducting research on 11 listed banks, indicating a strategic shift towards these stocks amid market volatility [28][29].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國農業銀行股份有限公司 呈交日期: 2026年2月5日 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01288 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 30,738,823,096 | | 0 | | 30,738,823,096 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 30,738,823,096 | | 0 | | 30,738,823,096 | I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國農業銀行股份有限公司 呈交日期: 2026年2月5日 I. 法定/註冊股本變動 本月底法定/註冊股本總額： RMB 349,983,033,873 FF301 第 1 頁 共 11 頁 v 1.2.0 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01288 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 30,738,823,096 | | 0 | | 30,738,823,096 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | ...

Investment Rating - The report maintains a positive outlook on the banking industry, indicating that high-quality city commercial banks may exceed expectations [1]. Core Insights - The report forecasts that listed banks will exhibit "stable revenue and gradually improving profit growth" characteristics in 2025, with a projected revenue growth of 0.9% year-on-year and a recovery in net profit growth to 1.9% [3]. - Performance differentiation among various types of banks is expected, with city commercial banks showing superior results, while state-owned banks and leading joint-stock banks maintain stable positive growth [3]. - Key drivers for stable profit growth include narrowing interest margin declines, improved market sentiment, and stable asset quality ensuring credit costs do not significantly erode profits [3]. Summary by Sections Revenue and Profit Forecast - Listed banks are expected to see a revenue growth of 0.9% in 2025, with net profit growth recovering to 1.9% [3]. - State-owned banks are projected to have a revenue growth of 1.5%, while joint-stock banks are expected to see a revenue decline of 1.8% [3]. - City commercial banks in regions like Jiangsu and Zhejiang are anticipated to maintain high single-digit profit growth, with some banks achieving double-digit growth [3]. Non-Interest Income and Market Conditions - Non-interest income is influenced by market conditions and the timing of revenue recognition by banks, with a projected recovery in 2025 due to a low base from 2024 [3]. - The report notes that banks are likely to see a 3% year-on-year growth in non-interest income in the first half of 2025 and 4.6% by the end of the third quarter [3]. Interest Income and Credit Growth - Interest income is expected to stabilize as banks manage their asset pricing and liability costs effectively, with a projected decline in interest margin narrowing to about 10 basis points [4]. - Credit growth is anticipated to remain stable, with a focus on corporate lending, while retail lending shows weaker performance [3]. Asset Quality and Provisioning - The report indicates that the non-performing loan (NPL) ratio for listed banks is expected to remain stable at around 1.22% [4]. - The provisioning coverage ratio is projected to decrease slightly to 236%, with banks advised to focus on those with low NPL generation and high provisioning ratios [4]. Investment Recommendations - The report suggests focusing on high-quality banks that are likely to recover towards a price-to-book (PB) ratio of 1, particularly city commercial banks with strong credit growth [4]. - It highlights the potential for dividend yields to attract investors, with a current dynamic dividend yield of approximately 4.8% [4].

中新网拉萨2月5日电 题：(新春走基层)金融暖流守护西藏年关烟火气 日喀则鑫红环保科技企业负责人顿珠，最近正为资金的事犯愁。作为当地垃圾处置转运的关键企业，下 游资金拨付延迟让企业流动资金骤然吃紧，不仅员工工资没了着落，就连收运车辆的油费都成了难题。 "要是清运停了，这个年关的城市环境可怎么办？"顿珠的这份焦虑，在农行日喀则桑珠孜支行工作人员 走访后，有了转机。得知顿珠的困难后，银行立刻启动绿色通道，为企业量身定制"抵押+信用"组合贷 款，客户经理全程跟进对接，仅用3天，136.3万元贷款就发放到位。拿到款项的那一刻，顿珠悬着的心 终于落地："工资能发了，车辆能跑了，这个年，城市的洁净有保障了。" 图为农行 客户经理在嘎珍的服装店内提供上门服务。受访单位 供图 随着春节、藏历新年的临近，嘎珍的服装店订单接踵而至，可制作藏装的氆氇、邦典需要从山南批量采 购，40多万元的资金缺口，让她看着订单犯了难。恰逢农行日喀则桑珠孜支行的工作人员走访商圈，了 解到嘎珍的焦虑后，结合她的经营情况推荐了"商户 e贷"。 "从申请到审批发放，全程仅用一天，43万元贷款就到了账。"嘎珍用这笔资金及时采购了制作藏装的原 材料，并紧锣密 ...

敬请您妥善安排业务办理时间。由此给您带来的不便，中国农业银行深表歉意，并将尽快恢复对您的相 关服务。如需进一步咨询，请拨打中国农业银行客户服务热线95599。 2026年2月5日，中国农业银行（601288）发布公告称，中国农业银行大小额支付系统计划于2026年2月7 日20:00至22:00进行系统维护升级。升级期间，客户在2026年2月6日20:00至2月7日22:00时段内，通过 中国农业银行个人掌银、个人网银、超级柜台渠道发起的延时24小时跨行转账交易；或在2026年2月7日 18:00至22:00时段内，通过中国农业银行个人掌银、个人网银、超级柜台渠道发起的延时2小时跨行转 账交易，将无法在2026年2月7日20:00至22:00时段内进行撤销。其他大小额支付系统业务不受此次系统 维护升级影响。 ...