记者丨张欣 编辑丨方海平 继工商银行率先出手"村改支"（村镇银行改制为支行）之后，国有大行"村改支"再添一例！ 10月11日，21世纪经济报道记者注意到，国家金融监督管理总局金华监管分局发布《关于中国农业银行 股份有限公司收购浙江永康农银村镇银行有限责任公司设立分支机构的批复》，同意农业银行作为主发 起行收购浙江永康农银村镇银行有限责任公司并设立三家支行。 批复明确，同意农业银行收购浙江永康农银村镇银行并设立中国农业银行永康金山支行、中国农业银行 永康胡库支行、中国农业银行永康后城街支行，承接浙江永康农银村镇银行清产核资后的资产、负债、 业务和员工。 公告还显示，农业银行应严格按照有关法律法规要求办理收购事宜，并督促浙江永康农银村镇银行按规 定办理法人机构解散等相关事宜。农业银行应在上述支行筹建工作结束后向国家金融监督管理总局金华 监管分局申请核准开业。 浙江永康农银村镇银行成立于2012年4月。农业银行2025年中期报告显示，该行控股6家村镇银行，其中 包括此次被收购的浙江永康农银村镇银行，其余五家为湖北汉川农银村镇银行、克什克腾农银村镇银 行、安塞农银村镇银行、绩溪农银村镇银行、厦门同安农银村镇银行。也就 ...

Core Viewpoint - The article discusses the recent trend of state-owned banks in China converting village banks into branches, highlighting the acquisition of Zhejiang Yongkang Nongyin Village Bank by Agricultural Bank of China and the implications for the banking sector [1][3]. Group 1: Recent Developments - Agricultural Bank of China has received approval to acquire Zhejiang Yongkang Nongyin Village Bank and establish three branches [1][3]. - This acquisition follows a similar move by Industrial and Commercial Bank of China, which was the first to convert a village bank into a branch earlier this year [6][7]. - The number of village banks controlled by Agricultural Bank of China will decrease from six to five after this acquisition [3]. Group 2: Regulatory Context - The regulatory environment has been increasingly focused on the risks associated with village banks, with over 90 village banks approved for exit this year, surpassing the total from the previous year [7][8]. - The regulatory bodies have emphasized the need for structural reorganization of village banks to mitigate risks and improve governance [7][9]. Group 3: Benefits of Conversion - The conversion of village banks to branches is expected to enhance operational standardization, risk resilience, and business scope through the support of the parent bank [9][10]. - Merging village banks into branches can lead to economies of scale, reducing operational and regulatory costs while improving governance and risk management capabilities [9][10]. - The restructuring is anticipated to accelerate the reduction of village banks, with a focus on enhancing their ability to serve small and micro enterprises and rural areas [9][10].

Group 1 - The core viewpoint of the articles highlights the challenges and opportunities faced by Huaron Glass in transitioning to a low-carbon model amid stringent environmental policies and financial constraints [1][2] - Huaron Glass has been recognized as a key small and micro enterprise in the local glass manufacturing industry, contributing significantly to the industrial economy of Nanping City [1] - The company faced difficulties in financing and risk management due to the tightening of credit policies and the need for transformation in a high-energy-consuming industry [1] Group 2 - A turning point occurred in April 2025 when a joint policy was issued by the People's Bank of China and other departments to promote financial support for the low-carbon transition in the building materials industry [1] - Agricultural Bank of China (ABC) Nanping Branch responded quickly by conducting in-depth research on Huaron Glass's needs and challenges, ultimately providing a tailored financial service plan [1] - On September 25, the first low-carbon transition financial project loan of 1 million yuan was successfully issued to Huaron Glass, with an additional 9 million yuan in working capital loans, including 1 million yuan specifically for a rooftop distributed photovoltaic project [1][2] Group 3 - The loan is significant for Huaron Glass as it not only addresses financial challenges but also signals strong support from financial institutions for the transformation of the real economy [2] - Upon completion of the project, it is estimated that the annual reduction in carbon dioxide emissions will be 217.29 tons, along with a saving of 98.32 tons of standard coal, indicating substantial green transformation effects [2] - ABC Nanping Branch plans to continue supporting various market entities in their low-carbon transitions, contributing to the regional achievement of the "dual carbon" goals [2]

■本报记者 王磊 近年来，农行山西分行聚焦"三农"发展痛点，积极推动科技与金融的深度融合，用科技金融激活地方农 业现代化发展的新活力，通过数字化手段破解农户融资难、抵押物少的难题，为地方特色产业发展注入 了源源不断的金融活水。 让种植户告别"半夜巡棚" （编辑 屈珂薇） 为"活资产"打通融资堵点 农行山西分行相关负责人表示，针对农村资产抵押难、农户融资渠道窄的痛点，农行山西分行将"大棚 宝"的核心优势聚焦于"生物资产数字化认定"，让原本难以估值的温室大棚和作物变成了可评估、可融 资的"活资产"。 通过"大棚宝"，农行山西分行构建了一套完整的数字化档案体系：将种植户的个人信息与大棚物理信息 精准绑定，并接入智能监测设备，实时采集作物生长数据。依托后台数学模型，系统能根据大棚面积、 品种特性精准测算一茬作物的产量，结合去年同期市场价格预估产值，同时根据定植时间推算采摘周 期，明确作物变现的关键节点。 "我们不仅关注大棚的硬件价值，更通过数据评估其'产出价值'。"上述相关负责人介绍，通过分析作物 采摘曲线与市场价格波动，银行能科学判断农户的偿贷能力和最佳还款时间，将"无形的种植收益"转化 为"有形的信贷依据"。这种 ...

Core Viewpoint - The article highlights the success story of a grape farming cooperative in Huaying City, Sichuan, which has significantly expanded its operations with the financial support of Agricultural Bank of China (ABC) Guang'an Branch, showcasing the importance of financial services in agricultural development [1][3][7]. Group 1: Agricultural Development - The grape farming cooperative has grown from an initial 20 acres to 777 acres, with an expected production of over 600,000 pounds and an annual output value exceeding 3 million yuan, reflecting a 10% increase from the previous year [3][4]. - The cooperative's development has created job opportunities for local villagers, employing over 200 workers during peak harvesting periods, thus contributing to local economic growth [4][6]. Group 2: Financial Support - ABC Guang'an Branch provided tailored financial solutions, including a 570 million yuan loan for upgrading the vineyard, which allowed the cooperative to introduce advanced planting facilities and improve soil conditions [4][7]. - Since the beginning of the partnership, ABC Guang'an Branch has issued over 32 million yuan in loans to the cooperative, facilitating its transformation from a small fruit operation to a significant agricultural industry [6][7]. Group 3: Industry Innovation - The cooperative is now focusing on creating a modern agricultural complex that integrates planting, processing, and tourism, with plans to install production lines for wine, grape juice, and sparkling juice [5][6]. - The cooperative is also diversifying its crop production by planting edible mushrooms and cherries, ensuring that the land remains productive year-round and providing continuous income for local farmers [6].

Core Viewpoint - The National Financial Regulatory Administration has approved Agricultural Bank of China to acquire Zhejiang Yongkang Nongyin Village Bank and establish three new branches in Yongkang [1] Group 1: Acquisition Details - Agricultural Bank of China will acquire the assets, liabilities, business, and employees of Zhejiang Yongkang Nongyin Village Bank after asset verification [1] - The approval includes the establishment of three branches: Yongkang Jinshan Branch, Yongkang Huku Branch, and Yongkang Houcheng Street Branch [1] Group 2: Regulatory Compliance - Agricultural Bank of China is required to strictly follow relevant laws and regulations during the acquisition process [1] - The bank must ensure that Zhejiang Yongkang Nongyin Village Bank completes the dissolution of its legal entity as per regulations [1] - After the establishment of the new branches, Agricultural Bank of China must apply for operational approval from the National Financial Regulatory Administration [1]

1. Report Industry Investment Rating No information about the industry investment rating is provided in the report. 2. Core View of the Report The report presents a weekly data tracking of secondary - capital bonds from September 29, 2025, to October 10, 2025, covering primary - market issuance, secondary - market trading, and valuation deviation of individual bonds [1]. 3. Summary by Relevant Catalogs 3.1 Primary - Market Issuance - One new secondary - capital bond was issued in the inter - bank and exchange markets, with a scale of 1.2 billion yuan, a 10 - year term, the issuer being a local state - owned enterprise in Hebei Province with an AA+ credit rating [1]. 3.2 Secondary - Market Trading 3.2.1 Trading Volume - The total weekly trading volume of secondary - capital bonds was approximately 44.5 billion yuan, a decrease of 185.4 billion yuan from the previous week. The top three bonds in terms of trading volume were 22 Industrial and Commercial Bank of China Secondary Capital Bond 04A (1.808 billion yuan), 25 Agricultural Bank of China Secondary Capital Bond 03B(BC) (1.23 billion yuan), and 25 Bank of China Secondary Capital Bond 01BC (1.219 billion yuan) [2]. - By the issuer's region, the top three regions in terms of trading volume were Beijing (about 30 billion yuan), Shanghai (about 4.7 billion yuan), and Zhejiang (about 3.1 billion yuan) [2]. 3.2.2 Yield to Maturity - As of October 10, for 5 - year secondary - capital bonds, the yield - to - maturity changes of AAA -, AA+, and AA - rated bonds compared to the previous week were - 2.57BP, - 4.00BP, and - 2.00BP respectively; for 7 - year bonds, the changes were 0.18BP, 0.84BP, and 0.84BP respectively; for 10 - year bonds, the changes were 3.73BP, 3.74BP, and 3.74BP respectively [2]. 3.3 Valuation Deviation of Top 30 Individual Bonds - The overall valuation deviation of the weekly average trading price of secondary - capital bonds was not significant. The proportion of discount transactions was greater than that of premium transactions, and the discount amplitude was smaller than the premium amplitude. - Among the discount bonds, the top three with the highest discount rates were 24 Sichuan Bank Secondary Capital Bond (- 0.4401%), 23 Hankou Bank Secondary Capital Bond 02 (- 0.4225%), and 22 Ningbo Bank Secondary Capital Bond 01 (- 0.3864%). The implied ratings of ChinaBond were mainly AAA -, AA+, and AA, and the bonds were mostly from Beijing, Shanghai, and Zhejiang [3]. - Among the premium bonds, the top three with the highest premium rates were 24 Yangzhou Rural Commercial Bank Secondary Capital Bond 01 (0.5852%), 25 Mintai Commercial Bank Secondary Capital Bond 01 (0.5313%), and 25 Luzhou Bank Secondary Capital Bond 01 (0.5006%). The implied ratings of ChinaBond were mainly AAA -, AA+, and AA, and the bonds were mostly from Beijing, Zhejiang, and Tianjin [3].

Core Viewpoint - The article highlights the revival and modernization of Jun porcelain in Shenhui Town, Henan Province, supported by Agricultural Bank of China, showcasing a blend of traditional craftsmanship and contemporary innovation [1][2]. Group 1: Industry Development - Jun porcelain, known for its unique kiln transformation, is one of China's five famous ancient porcelains, with a history of over 4,000 years [1]. - The Agricultural Bank of China has introduced tailored financial products like "One County, N Products" and "Tax e-loan" to support the development of the Jun porcelain industry [1]. - The transformation of Shenhui Town into a hub for Jun porcelain production is marked by the establishment of creative bases that enhance the local economy and culture [1][2]. Group 2: Entrepreneurial Success - Young entrepreneur Zhou has successfully integrated Jun porcelain with tourism and education, creating popular products like "Jun Porcelain Blind Boxes" [2]. - The Agricultural Bank's innovative services have simplified the loan application process, allowing businesses to access funding more easily, thus fostering growth in the Jun porcelain sector [2]. - The shift from traditional to modern practices in Jun porcelain production is making this art form more accessible to the general public, moving it from a luxury to a common household item [2].

Core Viewpoint - The Henan Agricultural Bank's "Warm New Citizens" service initiative aims to provide comprehensive support and care for new citizens, addressing their immediate needs and enhancing their sense of belonging in the city [1][3]. Group 1: Service Upgrades - The initiative includes the establishment of "Warm Zones" or "New Citizen Care Corners" in over 1,000 physical branches across Henan, offering free drinking water, meal heating facilities, multi-port phone charging stations, and emergency umbrellas [1]. - During rainy weather, staff proactively provide hot drinks and distribute spare raincoats and umbrellas to new citizens [1]. - In high-temperature seasons, the bank has set up "Cooling Supply Stations" to help outdoor workers like sanitation workers and delivery personnel quickly refresh and recharge [1]. Group 2: Financial Education and Support - The bank emphasizes protecting new citizens' financial interests by providing informational materials on personal information protection, anti-fraud measures, and illegal fundraising prevention at its branches [2]. - A financial knowledge promotion team has been established to engage with new citizens in enterprises, communities, and industrial parks, making financial knowledge accessible through case studies and interactive Q&A sessions [2]. - Staff conduct surveys to understand the specific needs of new citizens, offering tailored services such as assistance with opening debit accounts and providing practical gifts like food items and personal care products [2]. Group 3: Community Integration - The "Warm New Citizens" initiative reflects the bank's commitment to the "People's City" concept, fostering a sense of belonging for new citizens and facilitating their integration into urban life [3].

| 4 | 建设银行 | 声誉指数 | 传播指数 | □碑指数 | | --- | --- | --- | --- | --- | | 12 | 国有大型商业银行 | 375 | 443 | 402 | | 5 | 招商银行 | 声誉指数 | 传播指数 | 口碑指数 | | 12 | 股份制商业银行 | 370 | 407 | 385 | | 6 | 交通银行 | 声誉指数 | 传播指数 | 口碑指数 | | 12 | 国有大型商业银行 | 266 | 295 | 278 | | 7 | 兴业银行 | 声誉指数 | 传播指数 | 口碑指数 | | 11 | 股份制商业银行 | 273 | 266 | 270 | | 8 | 中信银行 | 声誉指数 | 传播指数 | 口碑指数 | | 14 | 股份制商业银行 | 252 | 263 | 257 | | 9 | 浦发银行 | 声誉指数 | 传播指数 | 口碑指数 | | | 股份制商业银行 | 246 | 251 | 248 | | 10 | 江苏银行 | 声誉指数 | 传播指数 | 口碑指数 | | 13 | 城市商业银行 | 221 | 273 | 242 ...