证券代码：601528 证券简称：瑞丰银行 公告编号：2025-012 浙江绍兴瑞丰农村商业银行股份有限公司 关于关联交易的公告 浙江绍兴瑞丰农村商业银行股份有限公司（以下简称"本行"或"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： 一、关联交易概述 本行第五届董事会独立董事第二次专门会议审议通过了关于《与部分关联方 1 2025 年 4 月 24 日，本行第五届董事会独立董事第二次专门会议审议通 过了关于《与部分关联方的关联交易事项》的议案，全体独立董事同意 此议案，同意给予浙江恒晨印染有限公司（以下简称"恒晨印染"）在 原 9,000 万元授信额度上增加授信额度 900 万元，授信额度用途为承兑 汇票业务，本次增加后授信总额度为 9,900 万元。本行董事会风险管理 与关联交易委员会已对上述议案审核备案。 至本次关联交易为止，过去十二个月内本行给予恒晨印染及其同一关联 人的授信总额度为 9,000 万元（不含本次关联交易）。 本次与恒晨印染发生的交易，根据中国证券监督管理委员会（以下简称 "中国证监会 ...

瑞丰银行的可转债发行计划最早可追溯至2021年上市初期。彼时该行通过IPO募集资金11.8亿元，但快速扩张的业务规模很快让资本充足率承压。2022年4 月，上市未满一年的瑞丰银行即抛出50亿元可转债发行预案，计划通过六年期债券补充核心一级资本。根据当时测算，若可转债全额转股，可将资本充足率 提升3-4个百分点。 该计划在推进过程中遭遇多重阻力。2023年4月，因发行工作未获实质性进展，瑞丰银行首次将授权有效期延长至2024年4月19日。2024年4月年度股东大会 上，面对仍未落地的发行计划，董事会再度将有效期延长至2025年4月19日。如今第三次延期至2026年的决议，意味着这场资本补充行动已跨越三个完整会 计年度。 监管问询函揭示了核心矛盾。上交所在审核中重点关注融资必要性，瑞丰银行回应称需维持核心一级资本充足率不低于13.50%的管理目标。然而现实数据 显示，2021-2023年间该指标从15.41%持续下滑至12.68%，直至2024年回升至13.67%。尽管最新数据暂时达标，但较管理目标仍存在1.83个百分点的安全边 际损耗。 浙江绍兴瑞丰农村商业银行股份有限公司(以下简称"瑞丰银行（601528）" ...

Core Points - The CSI 1000 Quality Index has shown a decline of 8.35% over the past month, an increase of 1.30% over the last three months, and a year-to-date decrease of 1.62% [1] - The index is composed of 100 listed companies selected from the CSI 1000 Index based on their operational stability, profitability, and quality metrics [1] - The top ten weighted companies in the CSI 1000 Quality Index include Yuxin Technology (3.39%), Dataport (3.21%), Tonghua Jinma (3.11%), and others [1] Industry Composition - The industry distribution of the CSI 1000 Quality Index shows that the healthcare sector accounts for 24.45%, industrials for 18.35%, and information technology for 14.63% [2] - Other sectors include consumer discretionary (9.77%), financials (9.69%), communication services (8.13%), and materials (5.64%) [2] - The index undergoes semi-annual adjustments, with changes implemented on the next trading day following the second Friday of June and December [2]

Group 1: Report Overview - The report is about a research on Ruifeng Bank in the banking industry, with a research date of January 2, 2025 [1][2][17] - Participating research institutions include Fuguo Fund and Guoxin Securities [2][18] Group 2: Core Views - Ruifeng Bank adheres to the "1235" high - quality development plan led by Party building, focuses on the dynamic balance between "effective improvement in quality" and "reasonable growth in quantity", and conducts high - quality credit investment throughout the year [23] - In 2025, the bank will try to improve the stability of net interest margin by controlling liability - side costs to offset the impact of declining asset returns [26] - The bank implements the "One Base, Four Arrows" regional development strategy to achieve differentiated business goals and growth paths [27] Group 3: Key Points by Section 1. Research Basic Situation - The research object is Ruifeng Bank, belonging to the banking industry, and the reception time is January 2, 2025. The reception staff includes the board secretary, the director of the board office, and the securities affairs representative [17] 2. Detailed Research Institutions - The research institutions are Fuguo Fund (a fund management company) and Guoxin Securities (a securities company) [18] 3. Main Content Credit Investment - Strengthen financial services for "agriculture, rural areas, and farmers", advanced manufacturing industry clusters, market entities, and key areas [23][24] - The bank adheres to the mission of serving the real economy, launches the "Five Major Financial" three - year plan, and provides comprehensive financial services to various market entities. As of the end of 2024, the green loan balance is 4.594 billion yuan, serving 1,018 technology - based enterprises with a loan balance of 13.793 billion yuan, 73 specialized and sophisticated enterprises with a loan balance of 1.748 billion yuan, and the balance of inclusive small and micro enterprise loans reaches 52.75 billion yuan, accounting for 40.28% of total loans [25] Net Interest Margin Outlook - In 2024, the bank's net interest margin declined but the decline narrowed. In 2025, it will focus on liability - side interest margin management to improve stability [26] "One Base, Four Arrows" Strategy - "One Base" refers to the Keqiao area, aiming to maintain market share through in - depth customer - centered operations [27] - "Four Arrows" include Yuecheng, Yiwu, Binhai, and Shengzhou areas, each with different development focuses and strategies [27][28]

信贷开门红下净息差、资产质量受关注。 进入4月下旬，银行即将开启一季报披露大幕。贝壳财经记者不完全统计，目前已有至少6家银行率先披 露了一季度经营情况或一季度业绩快报。从披露的数据来看，不少银行在一季度实现了净利润的双位数 增长，信贷也迎来了"开门红"，而存款利率有望进一步下降。 "今年虽然一季度总体信贷规模超预期，但是银行的资产质量和净息差仍总体承压，这两项是决定银行 今年总体业绩能否稳定的核心要素。"一位银行业内部人士告诉贝壳财经记者，目前来看，净息差下行 的边际将有所好转，但银行普遍对重点领域资产质量"严阵以待"。 不过，中银研究认为，2025年银行业资产负债规模将稳健增长，让利实体经济保持应有力度，资产质 量、资本充足率情况持续向好。中银研究预计，2025年上半年，在银行"开门红"活动推动下，资产和负 债增速将保持在9%左右。 多家银行一季度净利润双位数增长 信贷迎来"开门红" 据贝壳财经记者不完全统计，在目前已披露一季度经营情况的银行中，部分银行预计一季度归属母公司 股东净利润可达到双位数增长。 常熟银行（601128）发布的一季度业绩快报显示，该行一季度实现营业收入29.71亿元，同比增长 10. ...

浙江绍兴瑞丰农村商业银行股份有限公司 2024 年年度股东大会决议公告 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 浙江绍兴瑞丰农村商业银行股份有限公司（以下简称"本行"或"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。 | 1、出席会议的股东和代理人人数 | 248 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 712,774,686 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 38.7452 | | 份总数的比例（%） | | 重要内容提示： (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议是否有否决议案：无 一、 会议召开和出席情况 证券代码：601528 证券简称：瑞丰银行 公告编号：2025-011 本次股东大会由本行董事会召集，由董事长吴智晖主持，采取现场和网络投 票相结合的方式召开。本次股东大会的召集、召开及表决方式符合《公司法》等 法律、法规及本行《章程》的规定。 (一) 股东大会召 ...

江苏世纪同仁律师事务所关于 浙江绍兴瑞丰农村商业银行股份有限公司 2024 年年度股东大会的 法律意见书 致:浙江绍兴瑞丰农村商业银行股份有限公司 根据《公司法》等法律、法规和规范性文件以及公司章程的规定,本所受公 司董事会的委托,指派本所律师出席公司 2024年年度股东大会,并就本次股东大 会的召集、召开程序、出席会议人员资格、表决程序以及表决结果的合法有效性 等事项出具法律意见书。 为出具本法律意见书,本所律师对本次股东大会所涉及的有关事项进行了审 查,查阅了相关会议文件,并对有关问题进行了必要的核查和验证。 本所律师根据相关法律、法规和规范性文件的要求,按照律师行业公认的业 务标准、道德规范和勤勉尽责精神,出具法律意见如下: 一、关于本次股东大会的召集、召开程序 1. 本次股东大会的召集 本次股东大会由公司董事会召集。2025年3月28日,公司在上海证券交易所 网站(www.sse.com.cn)和《中国证券报》《上海证券报》《证券时报》刊登了 《浙江绍兴瑞丰农村商业银行股份有限公司关于召开 2024年年度股东大会的通 知》。 上述会议通知中载明了本次股东大会的召开时间、地点、会议审议事项、会 议出席对 ...

Investment Rating - The report maintains a "Recommended" investment rating for the banking industry, expecting the industry index to outperform the benchmark index by over 5% in the next 3-6 months [21]. Core Insights - The report highlights a marginal improvement in performance growth, with core revenue contributions increasing. As of April 12, 2024, 25 out of 42 listed banks reported a year-on-year revenue growth of -0.4% and a net profit growth of 2.0%, both showing a 1 percentage point improvement compared to the previous three quarters [5][6]. - The report anticipates that the banking sector will benefit from strong fiscal policies implemented since October 2024, which are expected to boost economic confidence and stabilize asset quality. If these policies effectively stimulate the real estate and consumer sectors, there will be opportunities for cyclical strategies [5][6]. Summary by Sections Industry Basic Data - The banking sector consists of 42 listed companies with a total market capitalization of approximately 114,992 billion and a circulating market value of about 78,974 billion [2]. Relative Index Performance - The absolute performance of the banking sector over the past month is 5.0%, 17.3% over six months, and 17.7% over twelve months. The relative performance is 2.8%, 15.6%, and 24.4% respectively [3]. Market Review - For the week of April 7-13, 2025, the major indices saw declines, with the Shanghai Composite Index down 3.11% and the Shenzhen Component Index down 6.73%. The average daily trading volume in the A-share market was 10,349 billion, up 41.54% from the previous week [5]. Investment Recommendations - The report suggests focusing on banks with high dividend yields and strong asset quality, such as state-owned banks and regional banks with high provision coverage ratios. It also recommends banks with a high proportion of retail assets, which are expected to show greater resilience in the economic recovery [5][6]. Specific banks highlighted include: - Ningbo Bank, Jiangsu Bank, and China Merchants Bank, all rated as "Recommended" with projected EPS growth for 2025 [6].

2025 年 4 月 18 日 | 股东大会议程 | 1 | | --- | --- | | 股东大会会议须知 | 3 | | 2024 年度董事会工作报告 | 5 | | 年度监事会工作报告 2024 | 22 | | 2024 年年度报告及摘要 | 29 | | 2024 年度财务决算及 2025 年度财务预算报告 | 30 | | 2024 年年度利润分配方案 | 32 | | 延长向不特定对象发行可转换公司债券股东大会决议有效期及授权有效期 | 33 | | 前次募集资金使用情况报告 | 34 | | 部分关联方 2025 年度日常关联交易预计额度 | 35 | | 续聘 2025 年度会计师事务所 | 36 | | 2024 年度执行董事、高级管理人员薪酬考核及分配方案 | 37 | | 2024 年度非执行董事津贴方案 | 38 | | 2024 年度独立董事津贴方案 | 39 | | 2024 年度监事薪酬考核及分配方案 | 40 | | 2024 年度三农金融服务工作报告 | 42 | | 2024 年度关联交易专项报告 | 52 | | 监事会对董事会、监事会、高级管理层及其成员 2024 ...

Core Viewpoint - The article highlights the significant increase in cash dividends among listed banks in 2024, with state-owned banks leading in both total dividend amounts and payout ratios, reflecting a strong commitment to shareholder returns [2][7]. Summary by Sections Dividend Distribution Overview - As of April 8, 2024, 23 A-share listed banks have disclosed their annual reports, collectively distributing cash dividends of 56.8862 billion yuan, an increase of over 10.1887 billion yuan year-on-year [2][3]. - The six major state-owned banks are identified as the primary contributors, proposing a total cash dividend exceeding 420 billion yuan, with payout ratios consistently above 30% [7][8]. Individual Bank Performance - Industrial and Commercial Bank of China (ICBC) leads with a cash dividend of 109.773 billion yuan, followed by China Construction Bank and Agricultural Bank of China with 100.754 billion yuan and 84.661 billion yuan respectively [3][8]. - Among joint-stock banks, China Merchants Bank stands out with a dividend payout ratio of 35.32%, distributing over 50 billion yuan [4][9]. Trends in Dividend Frequency and Ratios - The article notes a shift in dividend frequency for state-owned banks to twice a year, enhancing their attractiveness to investors [8][9]. - In contrast, city commercial banks and rural commercial banks generally exhibit lower dividend scales and ratios, with Zhengzhou Bank having the lowest payout ratio at 9.69% [5][9]. Market Valuation and Investor Sentiment - The banking sector is currently experiencing a comprehensive decline in valuation, with an overall price-to-book (PB) ratio below 1, indicating a potential undervaluation of bank stocks [5][17]. - Over 20 banks have announced valuation enhancement plans in response to prolonged low valuations, aiming to improve investor returns and confidence [16][19]. Regulatory and Strategic Considerations - Regulatory bodies have been encouraging listed companies to increase dividend distributions, which has influenced the banks' decisions to enhance their payout strategies [7][12]. - The article emphasizes the importance of maintaining a balance between dividend payouts and capital retention for risk management and growth [10][19].