Group 1 - Agricultural Bank of China announced that non-executive director Li Wei will no longer serve as a non-executive director due to the expiration of his term [1] - Li Wei will also step down from his positions on the board's "Three Rural" Finance and Inclusive Finance Development Committee, Nomination and Remuneration Committee, and Audit Committee [1]

Core Viewpoint - Agricultural Bank of China reported stable growth in its 2025 performance, emphasizing its commitment to high-quality development and service to the real economy, guided by national strategies and policies [2][12]. Financial Performance - The bank achieved a net profit of 292 billion yuan and operating income of 725.3 billion yuan, with growth rates of 3.3% and 2.1% respectively, showing slight improvements from previous quarters [3][13]. - The net interest margin stood at 1.28%, with an average total asset return rate of 0.63% and a weighted average return on equity of 10.16% [3][13]. - Total assets reached 48.8 trillion yuan, with an asset growth rate of 12.8% and new loans and financial investments totaling 4.7 trillion yuan [3][14]. Business Quality - The non-performing loan ratio decreased for the fifth consecutive year to 1.27%, with a provision coverage ratio of 292.55%, both leading the industry [3][14]. - The bank's deposit growth rate was 7.7%, with a significant increase in rural deposits contributing over 52% to total deposit growth [3][14]. Return on Investment - Since its listing in 2010, the bank has provided annualized returns of 12% for A-shares and 10% for H-shares, with recent three-year returns of 48% and 41% respectively [4][15]. - The board proposed a final dividend of 1.300 yuan per 10 shares, maintaining a cash dividend ratio of 30% [4][15]. Strategic Focus - The bank aims to enhance its service to the agricultural sector, with a focus on rural revitalization and agricultural development, achieving a loan balance of 10.9 trillion yuan in rural areas [5][15]. - The bank is committed to optimizing financial resource allocation to support the real economy, with total loan balances reaching 27.13 trillion yuan, including significant growth in personal and small business loans [6][18]. Customer Service Enhancement - The bank has expanded its customer base to 896 million personal clients and 13.29 million corporate clients, maintaining industry leadership [20]. - The bank's mobile banking services have seen significant growth, with over 609 million personal mobile banking clients [20]. Innovation and Technology - The bank is advancing its smart banking initiatives, integrating technology and data to enhance operational efficiency and customer service [21]. - The focus on AI and data-driven solutions aims to transform technological innovation into a key driver of high-quality development [21]. Risk Management - The bank emphasizes risk prevention as a core aspect of its operations, continuously improving its risk management capabilities to maintain financial stability [22][23]. Outlook for 2026 - The bank expresses confidence in achieving better performance in 2026, supported by a stable macroeconomic environment and the foundation laid during the 14th Five-Year Plan [23][24].

Group 1 - Agricultural Bank of China (01288.HK) announced that Li Wei will no longer serve as a non-executive director due to the expiration of his term [1] - Li Wei also stepped down from his roles in the board's "Three Rural" finance and inclusive finance development committee, nomination and remuneration committee, and audit committee [1]

Core Viewpoint - Agricultural Bank of China (01288) announced that Li Wei will no longer serve as a non-executive director due to the expiration of his term [1] Group 1 - Li Wei has stepped down from his position as a non-executive director of Agricultural Bank of China [1] - He will also no longer be a member of the bank's board committees, including the "Three Rural" Finance and Inclusive Finance Development Committee, the Nomination and Remuneration Committee, and the Audit Committee [1]

Core Viewpoint - Agricultural Bank announced the departure of non-executive director Li Wei due to the expiration of his term [1][2]. Group 1 - Li Wei will no longer serve as a non-executive director of Agricultural Bank [1][2]. - Li Wei has also resigned from his positions on the board's "Three Rural" Finance and Inclusive Finance Development Committee, Nomination and Remuneration Committee, and Audit Committee [1][2].

Group 1 - Agricultural Bank of China announced that Li Wei will no longer serve as a non-executive director due to the expiration of his term [1][2] - Li Wei also stepped down from his roles in the bank's board committees, including the "Three Rural" Finance and Inclusive Finance Development Committee, the Nomination and Remuneration Committee, and the Audit Committee [1][2]

Core Viewpoint - The Chinese banking industry is entering a deep transformation cycle after the "golden decade," facing pressures from macroeconomic adjustments, interest rate liberalization, stringent financial regulations, and technological disruptions [1][2][3] Group 1: Industry Challenges - The banking sector is experiencing intensified differentiation, with traditional scale expansion models becoming unsustainable [3] - Banks are facing four pressures: low interest rates, narrow interest margins, high risks, and strong regulations [2] - As of March 29, 2025, the average net interest margin of 13 disclosed banks is expected to narrow to around 1.5%, a year-on-year decline of 10 basis points, and a drop of nearly 60 basis points compared to 2020 [2] Group 2: Digital Transformation - Some banks are attempting to break through traditional business models by embracing digital transformation, with large and medium-sized banks establishing dedicated technology finance departments [4][5] - Despite the establishment of digital strategies, most banks remain at a basic stage of digitalization, focusing on replacing manual processes with digital tools [5] - Leading banks are expected to reduce operational costs by 15%-20% and improve return on equity by 4 percentage points through deep integration of AI technology into core business processes [5] Group 3: Strategic Shifts - The transition to digital and intelligent operations is no longer optional but a necessity for survival in the banking sector [6][14] - Banks like China Merchants Bank and Ping An Bank are integrating AI into their financial services, while Industrial and Commercial Bank of China is building a "Digital ICBC" ecosystem [6] - The focus on digital transformation is reflected in the financial performance of banks, with some achieving continuous revenue and profit growth [6][25] Group 4: Asset Management and Risk - The traditional asset operation model heavily relies on manual experience, making it difficult to achieve precise pricing and dynamic risk control [11] - The banking sector is facing an "asset shortage" due to a slowdown in financing demand from traditional industries and a mismatch between traditional credit evaluation systems and the characteristics of emerging industries [10][11] - Banks are increasingly recognizing the need to support technology-driven enterprises with innovative financial products that consider intangible assets [16][25] Group 5: Future Trends - The banking industry is expected to witness three major trends: the integration of digital intelligence into core business processes, the emergence of specialized sectors to avoid homogenized competition, and a shift towards serving the real economy [30][32] - The focus will shift from scale expansion to value creation, aligning with national strategies on modern industrial systems and technological innovation [33] - Banks that successfully integrate digital intelligence with core operations will gain competitive advantages, while those that remain at a basic level of digitalization may be phased out [31][36]

Core Viewpoint - Agricultural Bank of China (01288.HK) announced that Li Wei will no longer serve as a non-executive director due to the expiration of his term [1] Group 1 - Li Wei has stepped down from his position as a non-executive director of Agricultural Bank of China [1] - Li Wei will also no longer be a member of the board's "Three Rural" Finance and Inclusive Finance Development Committee, Nomination and Remuneration Committee, and Audit Committee [1]

证券代码：601288 证券简称：农业银行 公告编号：临 2026-008 号 中国农业银行股份有限公司 关于董事离任的公告 中国农业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。 中国农业银行股份有限公司（以下简称"本行"）非执行 董事李蔚先生因任期届满不再担任本行非执行董事，同时不再 担任董事会"三农"金融与普惠金融发展委员会、提名与薪酬 委员会、审计委员会委员职务。 本行董事会对李蔚先生任职期间为本行发展做出的重要贡 献表示衷心感谢。 特此公告。 中国农业银行股份有限公司董事会 2026 年 3 月 31 日 1 李蔚先生确认与本行董事会无不同意见，也没有就其离任 需要知会本行股东及债权人的任何事项。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任 何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 AGRICULTURAL BANK OF CHINA LIMITED 1288 董事名單與其角色和職能 中國農業銀行股份有限公司（「本行」）董事會（「董事會」）成員載列如下。 執行董事 谷 澍 王志恒 劉 洪 林 立 獨立非執行董事 吳聯生 汪昌雲 鞠建東 非執行董事 周 濟 劉曉鵬 張 奇 張洪武 莊毓敏 張 琦 王沛詩 - 1 - 董事會設立7個專門委員會。下表提供各董事會成員在這些委員會中所擔任的職位。 | 委員會 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 戰略規劃 | 「三農」 金融與 | | | 風險 管理與 | | | | | | 與可持續 | 普惠金融 | 提名與 | | 消費者 | 關聯交易 | 美國區域 | | | | 發展 | 發展 | 薪酬 | 審計 | 權益保護 ...