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]

证券代码：601577 证券简称：长沙银行 编号：2025-002 优先股代码：360038 优先股简称：长银优 1 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。 长沙银行股份有限公司（简称"本行"）第七届董事会第二十一 次临时会议于 2025 年 1 月 16 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。董事李孟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。 会议对以下议案进行了审议并表决： 一、关于聘任黄建良先生为长沙银行股份有限公司副行长的议案 董事会同意聘任黄建良先生为本行副行长，黄建良先生的副行长 任职资格需报国家金融监督管理总局湖南监管局核准，其任期自监管 机构核准其副行长任职资格之日 ...

长沙银行股份有限公司第七届董事会 独立董事 2025 年第 1 次专门会议决议 临时会议审议。 表决情况：同意 4 票，反对 0 票，弃权 0 票。 二、关于聘任王伟华先生为长沙银行股份有限公司副行长的议案 经审议，独立董事认为：王伟华先生符合法律法规、监管规定的 副行长任职资格条件，具备担任副行长所需的相关知识、经验及能力， 未发现其存在法律法规、监管规定的不得担任副行长的情形。提名程 序合法合规。 全体独立董事同意将本议案提交本行第七届董事会第二十一次 1 长沙银行股份有限公司（以下简称"本行"）第七届董事会独立 董事 2025 年第 1 次专门会议于 2025 年 1 月 15 日以书面传签表决方 式召开。会议由独立董事易骆之召集并主持。会议应出席独立董事 4 人，实际出席独立董事 4 人。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》《银 行保险机构公司治理准则》《上市公司独立董事管理办法》等法律法 规、监管规定。会议对以下事项进行了审议并表决： 一、关于聘任黄建良先生为长沙银行股份有限公司副行长的议案 经审议，独立董事认为：黄建良先生符合法律法规、监管 ...

证券代码：601577 证券简称：长沙银行 编号：2024-066 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 为深入贯彻党的二十大和中央金融工作会议精神，落实国务院 《关于进一步提高上市公司质量的意见》要求，推动本行高质量发展 和投资价值提升，保护投资者尤其是中小投资者合法权益，长沙银行 股份有限公司（以下简称"本行"或"长沙银行"）积极响应上海证 券交易所《关于开展沪市公司"提质增效重回报"专项行动的倡议》， 结合自身发展战略和经营情况，制定了"提质增效重回报"行动方案。 具体如下： 一、 坚定战略引领，推动高质量发展 本行坚持以习近平新时代中国特色社会主义思想为指导，积极践 行新发展理念，深刻把握金融工作的政治性、人民性，努力在高质量 服务实体经济发展中实现自身高质量发展。制定出台《长沙银行十年 （2024-2033 年）战略暨三年（2024-2026 年）发展规划》，树立"以 人为本、客户中心"的核心经营理念，坚持"本土化、轻型化、数字 化、场景化"四化转型路径，坚定"做强长沙、做大市州、做实县域、 做精广州、做优子公司"五做方向，建设"本地生活生态、产业投行 生态、市场投 ...