长沙银行股份有限公司 2025 年第一次临时股东大会资料 （股票代码：601577） 二〇二五年二月 | | | | 会议议程 | 1 | | --- | --- | | 会议须知 | 2 | | 关于长沙银行股份有限公司调整新金融产业园项目暨建设 | | | 金融技术业务用房项目的议案 | 4 | 会议地点：湖南省长沙市岳麓区滨江路 53 号楷林商务中心 B 座长沙银行总行 1908 会议室 召开方式：现场会议+网络投票 召集人：本行董事会 1 一、会议开始，宣布出席会议股东人数、代表股份数 二、宣读股东大会会议须知 三、审议各项议案 四、提问交流 五、推选计票人、监票人 六、投票表决 七、与会代表休息（工作人员统计投票结果） 八、宣布会议表决结果 九、见证律师宣读法律意见书 十、宣布会议结束 会议须知 为维护全体股东的合法权益，确保股东大会会议秩序和 议事效率，根据《公司法》《证券法》《银行保险机构公司 治理准则》《上市公司股东大会规则》，以及本行《公司章 程》《股东大会议事规则》等相关规定，特制定本须知。 会议议程 会议时间：2025 年 2 月 13 日下午 15:00 一、本行根据《公司法》《证券法 ...

证券代码：601577 证券简称：长沙银行 编号：2025-005 优先股代码：360038 优先股简称：长银优 1 长沙银行股份有限公司 关于调整新金融产业园项目暨建设金融技术业务 用房项目的公告 本行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： 投资标的名称：金融技术业务用房项目 投资金额：预计总投资额为 309,994 万元 相关风险提示：本项目是基于当前市场形势和行业前景，综合 考虑本行及控股子公司现有业务和战略发展需要做出的整体安排，可 能会受宏观经济、行业竞争及城市规划等多种因素的影响，后续存在 项目调整及项目进度不及预期等风险。 因城市建设规划调整，原新金融产业园项目周边规划情况发生了 较大变化：一是项目周边过江通道由原隧道方案改成高架方案，地块 北侧、东侧全被高架桥所环绕，对项目昭示性造成较大影响，对项目 交通出入口及周边交通组织造成较大困难。二是项目北侧、东侧新增 地铁控规要求，导致数据中心用地受限，无法满足本行数据中心规划 要求。三是地块南侧地块用地性质调整为居住用地，建成投产后将对 周边居民产 ...

证券代码：601577 证券简称：长沙银行 编号：2025-007 优先股代码：360038 优先股简称：长银优 1 长沙银行股份有限公司 第七届监事会第十六次临时会议决议公告 本行监事会及全体监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。 一、关于长沙银行股份有限公司调整新金融产业园项目暨建设金 融技术业务用房项目的议案 表决结果：同意 5 票，弃权 0 票，反对 0 票。 本议案尚须提交本行股东大会审议。 长沙银行股份有限公司监事会 2025 年 1 月 27 日 1 长沙银行股份有限公司（以下简称"本行"）于 2025 年 1 月 25 日以电子邮件和书面方式发出关于召开第七届监事会第十六次临时 会议的通知，会议于 2025 年 1 月 26 日上午在长沙银行总行 33 楼 3301 会议室召开。会议由白晓监事长主持，会议应出席监事 5 人，实际出 席监事 5 人。会议的召开符合《中华人民共和国公司法》《中华人民 共和国证券法》等法律、行政法规、部门规章、规范性文件及《公司 章程》的有关规定，会议所形成的决议合法、有效。 会议对以下议案进 ...

证券代码：601577 证券简称：长沙银行 公告编号：2025-006 优先股代码：360038 优先股简称：长银优 1 长沙银行股份有限公司 关于召开 2025 年第一次临时股东大会的通知 重要内容提示： 股东大会召开日期：2025年2月13日 本次股东大会采用的网络投票系统：上海证券交易所股东大会 网络投票系统 一、 召开会议的基本情况 (一) 股东大会类型和届次 2025 年第一次临时股东大会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和 网络投票相结合的方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 2 月 13 日 15 点 00 分 本行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。 召开地点：湖南省长沙市岳麓区滨江路 53 号楷林商务中心 B 座 长沙银行总行 1908 会议室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投 票时间为股东大会 ...

长沙银行股份有限公司（以下简称"本行"）第七届董事会第二 十二次临时会议于 2025 年 1 月 26 日上午在长沙银行总行 33 楼 3315 会议室以现场加视频方式召开。会议应出席董事 10 人，实际出席董 事 9 人，董事黄璋授权委托董事长赵小中代为行使表决权。会议由董 事长赵小中主持。监事会监事长白晓，监事龚艳萍、兰萍、张学礼、 朱忠福，董事会秘书彭敬恩列席本次会议。会议的召开符合《中华人 民共和国公司法》《中华人民共和国证券法》等法律、行政法规、部 门规章、规范性文件及《公司章程》的有关规定，会议所形成的决议 合法、有效。 证券代码：601577 证券简称：长沙银行 编号：2025-004 优先股代码：360038 优先股简称：长银优 1 长沙银行股份有限公司 第七届董事会第二十二次临时会议决议公告 本行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 二、关于召开长沙银行股份有限公司 2025 年第一次临时股东大 会的议案 （ 具体内容详见本行在上海证券交易所网站 （www.sse.com.cn）披露的《长沙银行股份有 ...

Investment Rating - The report maintains a "Recommend" rating for Bank of Changsha (601577 SH) [1] Core Views - Bank of Changsha's profitability is recovering with net profit growth of 6 92% YoY in 2024 supported by revenue resilience and provision replenishment [9] - The bank's asset quality continues to improve with NPL ratio declining to 1 15% at end-2024 while maintaining stable risk coverage with provision coverage ratio at 314% [9] - Retail business potential is promising given the bank's strong local presence in Hunan and ongoing exploration of retail business models [9] - The successful issuance of perpetual bonds in Q3 2024 has strengthened the bank's capital base supporting long-term development [9] Financial Performance - 2024 revenue grew 4 57% YoY to RMB26 503 million while net profit increased 6 92% YoY to RMB7 940 million [4][6] - Asset scale expanded 12 5% YoY to RMB1 137 755 million with loan growth of 11 6% and deposit growth of 9 73% in 2024 [4] - ROE is expected to remain stable at around 12 6%-13 1% from 2024-2026 [6] - EPS is projected to grow from RMB1 97 in 2024 to RMB2 51 in 2026 representing a CAGR of 12 9% [6] Asset Quality - NPL ratio declined 1BP QoQ to 1 15% at end-2024 with provision coverage ratio at 314% [9] - NPL ratio is expected to gradually decline to 1 12% by 2026 [12] - Provision coverage ratio is projected to increase to 324% by 2026 [12] Business Development - County-level business contribution is becoming more prominent potentially enhancing asset-side interest rate resilience [9] - Corporate banking is expected to maintain its leading position in driving loan growth [9] - Retail ecosystem development and county-level financial strategy are creating synergies [9] Valuation - Current P B ratio is 0 52x for 2024 with projected P B ratios of 0 47x and 0 42x for 2025 and 2026 respectively [6] - P E ratio is expected to decline from 4 3x in 2024 to 3 4x in 2026 [6] Financial Projections - Net interest income is projected to grow from RMB21 481 million in 2024 to RMB25 764 million in 2026 [12] - Net fee and commission income is expected to increase from RMB1 379 million in 2024 to RMB1 744 million in 2026 [12] - Total assets are forecasted to reach RMB1 388 645 million by 2026 with a CAGR of 10 3% [12]

Investment Rating - The investment rating for Changsha Bank is "Buy" with a current price of 8.52 CNY and a target value of 9.97 CNY [4]. Core Views - The report highlights a significant increase in both loan and deposit scales, with total assets and loans growing by 12.45% and 11.61% year-on-year, respectively. The growth rates have improved compared to the previous quarter [9]. - The bank's net profit attributable to shareholders increased by 6.92% year-on-year, with a notable quarterly growth of 10.79% in Q4 [9]. - The report anticipates a continued upward trend in profitability, projecting net profit growth rates of 7.28% and 7.77% for 2025 and 2026, respectively [9]. Summary by Sections Financial Performance - In 2024, the bank's revenue grew by 4.57% year-on-year, with Q4 showing a 6.84% increase compared to the same quarter last year [9]. - The bank's total assets and loans saw a significant increase, with Q4 alone contributing an additional 239 billion CNY in total assets and 19 billion CNY in loans [9]. Asset Quality - The non-performing loan (NPL) ratio decreased to 1.15% at the end of Q4, indicating stable asset quality [9]. - The provision coverage ratio stood at 314.23%, reflecting a solid buffer against potential loan losses [9]. Profitability and Valuation - The report maintains a target price of 9.97 CNY per share, suggesting a price-to-earnings (P/E) ratio of 4.16X for 2025 and 3.85X for 2026, indicating potential for valuation upside [9]. - The bank is expected to benefit from the active consumer market in Hunan, which supports its retail banking growth [9].

Investment Rating - The investment rating for Changsha Bank is "Buy" [6] Core Views - Changsha Bank's net profit for 2024 is expected to grow by 6.9% year-on-year, with a slight recovery in growth rate compared to the previous three quarters [2][3] - Revenue for 2024 is projected to increase by 4.6% year-on-year, showing improvement from the previous quarters [2][3] - The non-performing loan (NPL) ratio at the end of 2024 is 1.15%, a decrease of 1 basis point from the previous quarter, indicating stable improvement in asset quality [5] - The provision coverage ratio remains stable at 314% [5] Summary by Sections Performance Overview - In 2024, Changsha Bank's net profit is estimated to reach CNY 7,983 million, reflecting a year-on-year increase of 6.97% [7] - Revenue is expected to be CNY 25,936 million, with a growth rate of 4.57% [7] Asset Growth - Total assets of Changsha Bank are projected to grow by 12.4% year-on-year by the end of 2024, with a quarter-on-quarter increase of 2.1% [4] - The loan balance shows a slight increase of 0.3% compared to the previous quarter, while total assets have grown more significantly [4] Non-Performing Loans - The NPL ratio is expected to remain stable at 1.15% by the end of 2024, with a provision coverage ratio of 314% [5] Profit Forecast and Valuation - For 2025 and 2026, net profit is forecasted to grow by 4.94% and 5.44% respectively, with corresponding book values per share (BPS) of CNY 18.14 and CNY 19.83 [6] - The target price is set at CNY 10.75 per share, indicating a potential upside of 26% based on a price-to-book (PB) ratio of 0.65x for 2024 [6]

Group 1 - The core viewpoint of the article highlights that Changsha Bank reported a revenue of 25.936 billion yuan for 2024, reflecting a year-on-year growth of 4.57% [1] - The net profit attributable to shareholders reached 7.98 billion yuan, which is a 6.92% increase compared to the previous year [1] - The basic earnings per share (EPS) for the year stood at 1.91 yuan [1] Group 2 - As of the end of 2024, the non-performing loan (NPL) ratio was 1.15%, remaining stable compared to the beginning of the year [1] - The provision coverage ratio improved to 314.23%, an increase of 0.02 percentage points from the start of the year [1]

Financial Performance - Operating income for 2024 was RMB 25.94 billion, reflecting a year-on-year growth of 4.57%[5] - Net profit attributable to shareholders was RMB 7.98 billion, up 6.92% from the previous year[5] - Basic earnings per share increased to RMB 16.70, up 11.71% from the previous year[4] - The weighted average return on equity decreased to 12.04%, down 0.46 percentage points[4] Asset and Equity Growth - Total assets reached RMB 1,147.02 billion, an increase of 12.45% compared to the beginning of the year[5] - Shareholders' equity attributable to the company reached RMB 78.17 billion, an increase of 18.24%[4] Loan and Deposit Metrics - Total deposits increased by RMB 641.18 billion, a growth of 9.73%[5] - Loans and advances increased by RMB 567.18 billion, representing an 11.61% growth[5] Risk and Provisioning - The non-performing loan ratio remained stable at 1.15%, unchanged from the beginning of the year[5] - Provision coverage ratio increased to 314.23%, up 0.02 percentage points from the beginning of the year[5]