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之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03328） 截至2025年12月31日止年度業績公告 交通銀行股份有限公司（「本行」）董事會（「董事會」）欣然宣佈本行及其附屬公司 （「本集團」）截至2025年12月31日止年度（「報告期」），根據國際會計準則委員會 頒佈的《國際財務報告準則》編製的年度經審計合併財務信息（「年度業績」）。董事 會及其轄下的審計委員會已審閱並確認此年度業績。 一、公司基本情況 | | 股份簡稱 | 股份代號 | 上市交易所 | | --- | --- | --- | --- | | A股 | 交通銀行 | 601328 | 上海證券交易所 | | H股 | 交通銀行 | 03328 | 香港聯合交易所有限公司 | | 境內優先股 | 交行優1 | 360021 | 上海證券交易所 | 董事會秘書、公司秘書 | 姓名 | 何兆斌 | | --- | --- | | 聯 ...

交通银行公告，2025年营业收入2650.71亿元，同比增长2.02%。净利润956.22亿元，同比增长2.18%。 拟向普通股股东每10股分配现金股利人民币1.68元（含税），共分配现金股利人民币148.8亿元。 ...

Core Viewpoint - The six major state-owned banks in China have officially entered the reporting period for their 2025 annual results, with the Bank of Communications holding its performance briefing on March 27, 2025 [1] Group 1: Mortgage Loan Growth - The Bank of Communications has seen a significant increase in mortgage loan applications since March, with a growth of approximately 15% compared to the previous two quarters, indicating a potential stabilization in the real estate market [2] - If this trend continues, the bank anticipates achieving positive growth in its mortgage business this year, which will contribute to meeting the expected growth targets for its overall retail loans [3]

顾斌表示，重点关注以下几个领域，一是受个人还款能力下降、市场需求下降等因素影响，预计今年零 售信贷和小企业信贷的资产质量仍将承压；二是当前房地产市场仍处于筑底企稳阶段，将持续关注房地 产领域的相关风险；三是部分行业存在同质化竞争现象，导致企业盈利空间收窄，经营分化加剧，将持 续关注这些行业内企业的经营状况及后续风险变化。 北京商报讯3月27日，交通银行召开2025年度业绩说明会，该行副行长顾斌指出，今年的资产质量管控 还是面临一定的压力。 （文章来源：北京商报） ...

Core Insights - In 2025, Bank of Communications achieved a "double growth" in revenue and net profit, with net profit reaching 95.622 billion yuan, a year-on-year increase of 2.18%, and operating revenue of 265.071 billion yuan, up 2.02% [1] - The bank's total assets exceeded 15.5 trillion yuan by the end of 2025, marking a 4.35% increase from the previous year, with an improved asset quality reflected in a non-performing loan ratio of 1.28%, down 0.03 percentage points [1] Financial Performance - The bank's financial technology investment accounted for over 5% of total revenue in 2025, indicating a strong commitment to the tech sector [1] - By the end of 2025, the balance of various loans in domestic RMB reached 8.87 trillion yuan, a growth of 7.88% year-on-year, with manufacturing and private enterprise loans growing faster than the average loan growth [1] Technology and Digital Finance - The balance of technology loans surpassed 1.58 trillion yuan, growing by 10.73% year-on-year, with "specialized, refined, distinctive, and innovative" small and medium-sized enterprise loans and technology-based SME loans increasing by 21.02% and 36.29%, respectively [2] - The bank has enhanced its digital financial framework, launching over 2,500 AI smart assistants to improve marketing, risk control, and business processes [2] Strategic Initiatives - To support Shanghai's development, the bank has provided over 40 billion yuan in loans to key industries such as integrated circuits, biomedicine, and artificial intelligence, covering the entire industrial chain [3] - The bank has established partnerships with 76 major municipal projects and 256 district-level projects in Shanghai, with a loan growth rate exceeding 16% in the region, leading the national market [3]

Group 1 - The core focus of the company is to implement artificial intelligence (AI) as a key breakthrough direction in its 14th Five-Year Plan, aiming for high-quality development and high-level safety through increased resource investment [1] - The company plans to enhance its technological capabilities by applying AI across all areas, including demand analysis, product development, system testing, operational maintenance, and cybersecurity management [1] - The company aims to innovate human-machine collaboration to improve work efficiency and release human productivity by building a digital workforce system [1] Group 2 - The company intends to upgrade its market and customer services by transitioning AI from point applications to comprehensive integration, enhancing product service levels and customer experience [2] - AI will be utilized to convert technical elements, intellectual property, and digital assets into credit assets, optimizing product combinations for clients and providing comprehensive lifecycle services [2] - The company is focused on enhancing intelligent risk management by accelerating AI applications in risk management, improving early identification, warning, exposure, and disposal of risks [2]

Core Viewpoint - The core viewpoint of the article emphasizes that net interest margin management is crucial for the sustainable development and performance improvement of commercial banks, as highlighted by the Vice President of Bank of Communications, Zhou Wanfeng [1] Group 1: Net Interest Margin Management - The Bank of Communications has achieved basic stability in net interest margin through various efforts since last year [1] - There is downward pressure on loan interest rates in the new year, while liability repricing may bring new benefits [1] Group 2: Strategies for Maintaining Net Interest Margin - The bank will focus on strict management of the balance between loan volume and pricing, ensuring accountability across all business lines and operational units [1] - The bank plans to implement refined pricing management for deposits and loans, adhering to pricing self-discipline mechanisms [1] - The bank aims to scientifically optimize the asset-liability structure, dynamically adjusting it based on operational goals, pricing trends, liquidity, and interest rate risk factors [1]

来源：金融一线 3月27日金融一线消息，交通银行今日召开2025年度业绩说明会。执行董事、副行长周万阜指出，交通 银行确定的2026年经营收入的增长目标是要高于去年。 周万阜表示，一是努力通过净息差的稳定向好，通过量价的平衡发展，来实现净利息收入的稳定增长； 二是多渠道的增收，来实现手续费及佣金收入的稳定增长；三是做优配置，做强交易，来实现其他非息 收入的增长；此外，还有一个关键的变量就是保持资产质量的稳定。 ...

Core Viewpoint - The Bank of Communications has outlined its "Valuation Enhancement Plan" for 2025, emphasizing the importance of systematic and regular valuation management across the group to improve market communication and investor relations [1][3]. Group 1: Valuation Enhancement Plan - The bank has established clear responsibilities and principles for valuation management, aiming to ensure that its valuation reflects the underlying business fundamentals [1][3]. - A series of initiatives have been undertaken over the past year to promote stable and reasonable valuation operations [1][3]. Group 2: Investor Engagement - The management team will conduct domestic and international roadshows to communicate the bank's stable performance and predictable investment returns [1][3]. - An investor open day themed "Integrated Services, Deepening the Yangtze River Delta" will be held to showcase the bank's business characteristics and regional development achievements [1][3]. Group 3: Capital Strength and Dividend Policy - The bank successfully completed a targeted issuance of shares to the Ministry of Finance, China Tobacco, and Shuangwei Investment, raising a total of 120 billion yuan, which enhances its capital strength and risk resilience [1][3]. - The bank has maintained a dividend payout ratio of over 30% for 14 consecutive years and plans to distribute dividends for the 2025 fiscal year, reaffirming its commitment to shareholders [2][4].

Core Insights - The core viewpoint of the articles highlights the financial performance and strategic initiatives of Bank of Communications for the year 2025, showcasing growth in assets, profits, and digital transformation efforts. Financial Performance - As of the end of 2025, the total assets of the group exceeded 15.5 trillion yuan, representing a year-on-year growth of 4.35% [1] - The net profit attributable to shareholders reached 95.622 billion yuan, an increase of 2.18% year-on-year [1] - The operating income was 265.071 billion yuan, reflecting a year-on-year growth of 2.02% [1] - The asset quality improved, with a non-performing loan ratio of 1.28%, down by 0.03 percentage points from the previous year [1] - The provision coverage ratio increased to 208.38%, indicating strong risk compensation capacity [1] Loan and Credit Growth - By the end of 2025, the balance of domestic RMB loans was 8.87 trillion yuan, growing by 7.88% compared to the previous year [1] - The bank supported effective investment expansion, with growth in manufacturing and private loans exceeding the average growth rate of all loans [1] - Credit in key regions such as Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macau Greater Bay Area increased by 6.59% year-on-year, accounting for approximately 54% of total loans [1] Digital Transformation and Technology Investment - The bank enhanced business scenario applications, increasing the empowerment of "digital employees" in areas such as operational customer service and risk credit [2] - The mobile app services were upgraded, adding localized services and benefits, creating a convenient experience for "financial transactions + life services" [2] - By the end of 2025, the monthly active users of personal mobile banking and the "Buy Now" app reached 57.41 million and 26.64 million, respectively [2] - The financial technology investment accounted for over 5% of total revenue, with an increase in the proportion of financial technology personnel [2] Wealth Management - The bank continued to develop the "Wode Preferred" brand, with its funds and wealth management products outperforming the market average [2] - As of the end of 2025, the retail AUM (Assets Under Management) reached nearly 6 trillion yuan, growing by 8.91% year-on-year [2] - The balance of personal public fund products sold was 230 billion yuan, while the balance of personal wealth management products sold was 1,022.5 billion yuan [2]