Core Viewpoint - The event "Ten Trillion Long Walk, Strong Support for Hunan" held in Ningxiang City emphasizes the strategic cooperation between Changsha Bank and local enterprises to enhance financial support for high-quality economic development in the region [1][3]. Group 1: Event Overview - The event featured the signing of a strategic cooperation agreement between Changsha Bank and Ningxiang Economic Development Zone, aimed at providing robust financial support for regional economic growth [1][4]. - The event was attended by representatives from 100 enterprises and 30 investment institutions, highlighting the collaborative effort to boost local economic development [1][3]. Group 2: Financial Initiatives - Changsha Bank has launched a comprehensive financial service package for enterprises, including customized financial products tailored to the needs of local businesses [5][7]. - The bank's initiatives include "Enterprise Quick Loan" with a maximum limit of 5 million yuan (10 million yuan for specialized enterprises), and "Science e-Quick Loan" for high-tech companies with credit limits up to 10 million yuan [5][7]. Group 3: Economic Development Goals - Ningxiang City aims to achieve a GDP of 141.623 billion yuan in 2024, with a 13.3% growth in industrial added value and high-tech industry output accounting for 26.5% of the total [3][4]. - The city focuses on developing key industries such as advanced energy storage materials, engineering machinery, and smart home appliances, aligning with the "Three Highs and Four New" development blueprint [3][4]. Group 4: Strategic Cooperation - The strategic partnership between Changsha Bank and Ningxiang is expected to enhance the flow of financial resources, supporting the city's industrial strengths and fostering a diverse industrial ecosystem [4][5]. - The bank has provided over 73 billion yuan in loans and served more than 30,000 enterprises, demonstrating its commitment to supporting local economic development [4][5]. Group 5: Future Plans - Changsha Bank plans to increase investments in advanced manufacturing, new energy, new materials, and rural revitalization, while also innovating financial products to meet the evolving needs of local enterprises [5][9]. - The bank aims to explore new business models such as intellectual property pledge financing and supply chain finance to better serve the unique characteristics of Ningxiang's industrial landscape [9].

Core Points - The company announced a cash dividend of 0.42 yuan per share (including tax) for its A shares [1] - The dividend distribution plan was approved at the annual general meeting on May 21, 2025 [1] - The record date for shareholders is June 12, 2025, with the dividend payment date set for June 13, 2025 [1] Dividend Distribution Details - The total number of shares for the dividend calculation is 4,021,553,754 [1] - The cash dividend will be distributed through China Securities Depository and Clearing Corporation Limited Shanghai Branch [1] - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are processed [1] Taxation Information - For individual shareholders holding shares for less than one month, the tax rate on dividends is 20% [3] - For shares held between one month and one year, the effective tax rate is 10% [3] - Dividends for shares held over one year are exempt from personal income tax [3] - For natural persons and securities investment funds holding shares for one year or less, the company will not withhold tax at the time of dividend distribution [4] - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply [4] - The actual cash dividend received by shareholders after tax will be 0.378 yuan per share for those subject to withholding [4]

证券代码：601577 证券简称：长沙银行 公告编号：2025-033 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2024年年度权益分派实施公告 每股分配比例 A 股每股现金红利0.42元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/12 | － | 2025/6/13 | 2025/6/13 | 差异化分红送转： 否 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： 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经长沙银行股份有限公司（简称"本行"）2025 年 5 月 21 日的2024年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结 算有限责任公司上海分公司（以下简称"中国结算上海分公司"）登记 在册的本行全体股东。 1 3 ...

Group 1 - China Everbright Bank announced the decision to abolish its supervisory board, which will be submitted for approval at the shareholders' meeting [1] - Changsha Bank also approved the proposal to eliminate its supervisory board during its 2024 annual shareholders' meeting [1] - The revised Company Law of the People's Republic of China allows joint-stock companies to establish an audit committee composed of directors, exercising the powers of a supervisory board [1] Group 2 - Industrial and Commercial Bank of China approved the new articles of association and the proposal to abolish its supervisory board [2] - Agricultural Bank of China also passed the resolution to not establish a supervisory board [2] - China Bank's board approved the proposal to submit the abolition of its supervisory board to the shareholders' meeting [2] - China Construction Bank's board approved the proposal to abolish its supervisory board [2] - Transportation Bank's board also approved the proposal to eliminate its supervisory board, which will be submitted for shareholder approval [2] - China Merchants Bank's board approved the proposal to abolish its supervisory board, effective after shareholder approval and regulatory approval [2] - Huaxia Bank's board approved the proposal to abolish its supervisory board [2]

Core Viewpoint - The recent adjustment of deposit interest rates by various banks reflects significant pressure on net interest margins, with a notable trend of rapid follow-up and substantial rate cuts observed across the banking sector [1][4][5]. Group 1: Rate Adjustments - Since May 20, multiple city commercial banks and private banks have quickly followed suit in lowering deposit interest rates, with some banks reducing rates by as much as 30 basis points [1]. - Shanghai Huari Bank has lowered its deposit rates for the third time since April, with a 10 basis point reduction for both demand and 3-year fixed deposits [2]. - As of May 28, several city commercial banks, including Beijing Bank and Jiangsu Bank, have completed their deposit rate adjustments [2]. Group 2: Comparative Analysis - After adjustments, Ningbo Bank's deposit rates remain higher than those of other city commercial banks, with rates for various terms ranging from 0.80% to 1.60% [3]. - In contrast, Changsha Bank has implemented larger rate cuts, with reductions of up to 30 basis points for longer-term deposits [3]. Group 3: Implications of Rate Cuts - The current round of deposit rate cuts is characterized by larger and faster adjustments compared to previous rounds, indicating ongoing pressure on banks' net interest margins [4][5]. - Analysts suggest that the average reduction in deposit rates exceeds the LPR cut, which may lead to a structural adjustment in bank liabilities, potentially causing a "deposit migration effect" [6]. - The significant rate cuts may prompt depositors to move funds from lower-rate banks to those offering higher rates or to shift some deposits into non-bank financial products [6].

数据统计显示，上证380价值指数近一个月上涨0.48%，近三个月上涨1.43%，年至今下跌1.79%。 据了解，上证380风格指数系列以上证380指数为样本空间，根据成长因子和价值因子计算风格评分，分 别选取成长得分与价值得分最高的120只上市公司证券构成上证380成长指数与上证380价值指数。另 外，上证380成长指数与上证380价值指数分别与样本空间剩余上市公司证券组成上证380相对成长指数 与上证380相对价值指数。上证380成长指数、上证380价值指数、上证380相对成长指数与上证380相对 价值指数构成上证380风格指数系列，从风格特征的角度进一步刻画上证380指数，为投资者提供更具多 元化风险收益特征的投资标的。该指数以2003年12月31日为基日，以1000.0点为基点。 从上证380价值指数持仓的市场板块来看，上海证券交易所占比100.00%。 从上证380价值指数持仓样本的行业来看，工业占比26.33%、金融占比20.30%、原材料占比15.35%、能 源占比9.36%、可选消费占比9.22%、公用事业占比8.01%、医药卫生占比3.37%、主要消费占比3.15%、 通信服务占比2.60%、 ...

Group 1 - The core viewpoint of the news is the collaboration between Changsha Bank and the Xianjiahu Street to enhance grassroots governance through the integration of financial services and community needs [1][2] - A signing and awarding ceremony for the "Party Building Joint Construction Agreement" took place, emphasizing the importance of resource sharing and complementary advantages between the bank and the street [1] - Changsha Bank's "Financial Steward" service team has been actively engaging with the community by conducting financial knowledge promotion, legal education, and wealth seminars, which aligns with the goal of improving financial services under the leadership of party building [1][2] Group 2 - The Xianjiahu Street Party Committee Secretary highlighted that Changsha Bank is the largest local financial institution in terms of service coverage and funding scale, dedicated to serving residents, individual businesses, and small and medium enterprises [2] - The street will create more platforms and resources to support the bank's community services, ensuring that the cooperation benefits local residents and enhances community governance [2] - Changsha Bank plans to deepen the "Party Building Joint Construction + Financial Joint Construction" model, aiming to provide high-quality financial support to residents and businesses while promoting the continuous advancement of government-bank collaboration [2]

《金融时报》记者注意到，中小银行为吸引更多储蓄资源，在存款利率设置上通常要略高于全国性银行。在本次调整后，部分城商行定期存款挂牌利率与 绝大多数股份行保持一致，整体的利率优势已不再明显。 紧跟全国性银行的步伐，各家城商行正在陆续下调存款挂牌利率。 记者从北京银行（601169）官网了解到，自5月27日起，该行已执行新的存款挂牌利率。调整后，该行一年期、二年期、三年期、五年期整存整取定期存 款挂牌利率分别调整为1.15%、1.20%、1.30%、1.35%，与光大银行（601818）、中信银行（601998）等多家股份制银行存款挂牌利率保持一致。 | 人民币储蓄存款利率表 (2025年5月27日起执行) | | | --- | --- | | 各项存款 | 储蓄存款利率(%) | | 一、活期存款 | 0.05 | | 二、定期存款 | | | (一) 整存整取 | | | 三个月 | 0. 70 | | 半年 | 0. 95 | | 一年 | 1. 15 | | 二年 | 1. 20 | | 三年 | 1. 30 | | 五年 | 1. 35 | 自5月26日起，江苏银行（600919）也调整了人民币存款挂牌 ...

Core Viewpoint - The event "Ten Thousand Enterprises and Ten Thousand Households Visit" organized by Changsha Bank aims to provide customized financial services to enterprises in the New Changhai Entrepreneurship Base, enhancing the high-quality development of the region [1][5]. Group 1: Financial Support for Small and Micro Enterprises - Since October 2024, Hunan Province has implemented a series of policies to address the financing difficulties faced by small and micro enterprises, resulting in loans totaling 168.13 billion yuan issued to 177,000 small and micro enterprises by May 15 [3]. - The provincial development and reform commission emphasizes the importance of a "government-bank-enterprise" connection mechanism to support project incubation, industrial upgrading, and resource assurance for small and micro enterprises [3]. Group 2: New Changhai Development Group - New Changhai Development Group focuses on high-tech industries, operational services, and professional investment, establishing a collaborative development model across three core sectors [3]. - The group has received multiple national recognitions, including being named a national-level technology business incubator and a national-level micro demonstration base [3]. Group 3: Changsha Bank's Role - Changsha Bank has developed a one-stop financial solution tailored for enterprises in the park, introducing various financial products for both corporate and personal needs [5]. - The bank has served over 13,000 technology and entrepreneurial enterprises, aiming to support the development of new productive forces through innovative financial solutions [5]. Group 4: Strategic Partnerships - Changsha Bank signed a strategic cooperation agreement with New Changhai Development Group and initiated intention credit signings with five clients during the event [5]. - The bank is committed to enhancing financial support for park enterprises by continuously innovating and upgrading its financial products and service systems [7].

Investment Rating - The report indicates a positive outlook for the banking sector, suggesting that certain stocks may have alpha potential due to policy catalysts and a cyclical recovery [4]. Core Insights - Multiple banks have lowered their deposit rates, with the one-year and five-year Loan Prime Rate (LPR) reduced by 10 basis points on May 20, 2025. This trend reflects a broader market-driven decline in deposit costs [1][2]. - The average deposit cost rate for China Merchants Bank decreased significantly by 25 basis points to 1.29% in Q1 2025, indicating a trend of improving deposit costs across the sector [1]. - The report highlights that banks like Chongqing Bank, Minsheng Bank, and CITIC Bank have substantial room for further deposit cost reductions, suggesting a favorable environment for banks to optimize their funding costs [2]. Summary by Sections Section 1: Focus of the Week - Several banks have adjusted their deposit rates downward, with over half of listed banks participating in this trend by May 24, 2025 [1]. - The report notes that the average deposit cost rate for China Merchants Bank has shown improvement since Q2 2024, aligning with previous forecasts of enhanced cost reduction in liabilities [1]. Section 2: Sector Perspective - The banking sector is expected to benefit from expansionary policies aimed at stabilizing the economy, with specific banks like Ningbo Bank, Postal Savings Bank, and China Merchants Bank highlighted as potential investment opportunities [4]. - The report emphasizes that the cyclical recovery may take time, but the ongoing interest rate cuts could sustain the dividend strategy for banks like Shanghai Bank and Jiangsu Bank [4]. Section 3: Key Data Tracking - The report tracks various financial metrics, including the issuance of interbank certificates and the average rates for different types of bank notes, indicating a dynamic market environment [9][8]. - It also notes the increase in the proportion of deposits with a remaining maturity of less than one year, which rose by 3 percentage points to 37.4% by the end of 2024, suggesting a trend towards concentrated deposit maturities [2][16].