证券代码：601665 证券简称：齐鲁银行 公告编号：2025-007 可转债代码：113065 可转债简称：齐鲁转债 齐鲁银行股份有限公司 关于召开 2024 年度暨 2025 年第一季度 业绩说明会的公告 本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： 投资者可于 2025 年 4 月 22 日（星期二）至 4 月 28 日（星期一）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过齐鲁银行股份有 限公司（以下简称"公司"）投资者沟通邮箱（ir@qlbchina.com）进行提问。 公司将在业绩说明会上对投资者普遍关注的问题进行回答。 公司拟于 2025 年 4 月 26 日在上海证券交易所网站（www.sse.com.cn）披露 2024 年年度报告和 2025 年第一季度报告，为便于广大投资者更全面深入地了解 公司经营成果、财务状况等，公司计划于 2025 年 4 月 29 日（星期二）上午 10:00- 11:30 举行 2024 年度暨 2025 年第一季度业绩说明会，就投资者关心 ...

Core Points - Qilu Bank's stock price increased by 1.17% to 6.03 yuan as of March 28, 2025, with a market capitalization of 29.929 billion yuan [1] - The bank's stock reached a high of 6.13 yuan and a low of 5.95 yuan during the week [1] Company Announcements Summary - As of March 31, 2025, a total of 1,395,536,000 yuan of "Qilu Convertible Bonds" have been converted into A-shares, representing 5.5491% of the total A-shares before conversion [1] - The unconverted amount of "Qilu Convertible Bonds" stands at 6,604,464,000 yuan, which is 82.5558% of the total issuance [1] - From January 1 to March 31, 2025, 160,000 yuan of "Qilu Convertible Bonds" were converted into A-shares, totaling 31,079 shares [1] - The "Qilu Convertible Bonds" were publicly issued on November 29, 2022, with a total issuance of 8 billion yuan and a maturity of 6 years [1] - The bonds have been trading on the Shanghai Stock Exchange since December 19, 2022, with a conversion price of 5.14 yuan per share starting from June 5, 2023 [1] - The total number of unrestricted circulating shares increased from 4,834,996,988 to 4,835,028,067 shares as of March 31, 2025, leading to a corresponding increase in total share capital [1]

证券代码：601665 证券简称：齐鲁银行 公告编号：2025-006 可转债代码：113065 可转债简称：齐鲁转债 齐鲁银行股份有限公司 可转债转股结果暨股份变动公告 本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： 累计转股情况：截至 2025 年 3 月 31 日，累计共有人民币 1,395,536,000 元"齐鲁转债"转为齐鲁银行股份有限公司（以下简称"公司"）A 股普通股股 票，累计转股股数为 254,194,733 股，占"齐鲁转债"转股前公司已发行 A 股普 通股股份总额的 5.5491%。 未转股可转债情况：截至 2025 年 3 月 31 日，尚未转股的"齐鲁转债" 金额为人民币 6,604,464,000 元，占"齐鲁转债"发行总量的比例为 82.5558%。 本季度转股情况：自 2025 年 1 月 1 日至 2025 年 3 月 31 日，共有人民币 160,000 元"齐鲁转债"转为公司 A 股普通股股票，转股股数为 31,079 股。 经上海证券交易所自律监管决定书〔2022〕34 ...

Group 1 - Qilu Bank has been operating in Tianjin for nearly 20 years, integrating its culture with the local economy and focusing on human-centered financial services [1][10] - The bank emphasizes the importance of talent in financial risk management, prioritizing people over traditional risk indicators [1][4] - Qilu Bank has provided timely financial support to small and micro enterprises, exemplified by its quick response to Tianjin Runchen Precision Technology Co., Ltd.'s funding needs [1][6] Group 2 - Tianjin Runchen, with an annual output value of approximately 800 million yuan, faces increased funding demands due to economic pressures and delayed payments from downstream clients [2][3] - The bank's approach includes thorough pre-loan investigations, assessing financial data and the business philosophy of company leaders [4][5] - Qilu Bank approved a 10 million yuan unsecured credit loan for Runchen within five working days, showcasing its efficient loan processing [4][8] Group 3 - Qilu Bank is pioneering the use of patents as collateral for loans, supporting technology-driven enterprises like Tianjin Huanbo New Materials Co., Ltd. [7][8] - The bank has established a green channel for rapid loan approvals, focusing on the future growth potential of technology companies rather than traditional collateral [8][9] - As of the end of 2024, Qilu Bank has supported 149 technology enterprises, aiming to enhance financial support for small and medium-sized tech firms [9][10] Group 4 - Qilu Bank's total assets approached 700 billion yuan by the end of 2024, reflecting a 14.01% increase from the beginning of the year [10][11] - The bank's net profit for 2024 reached 4.986 billion yuan, a year-on-year increase of 17.77% [11] - The bank's non-performing loan ratio improved to 1.19%, with a provision coverage ratio of 322.38%, indicating enhanced asset quality [11]

Group 1 - The banking sector showed significant gains on the 18th, with Qilu Bank rising nearly 4%, and other banks like Xiamen Bank, Qingnong Commercial Bank, CITIC Bank, and China Bank all increasing over 2% [1] - Notably, major banks such as Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China reached new highs during the trading session [1] - According to CITIC Securities, the preliminary reports for 2024 indicate stable overall operations for listed banks, with strong credit growth in January and effective early investment strategies contributing to stable interest margins [1] Group 2 - The banking sector has shown signs of stabilization and recovery since last week, reflecting a return to investment logic based on fundamentals [1] - The core drivers for investment in the banking sector in the first half of 2025 will stem from a reassessment of business models, with expectations for absolute returns remaining positive in the current capital market environment [1] - Two main investment themes are recommended: 1) selecting stocks with stable performance, dividend rates, asset quality, and low valuation volatility; 2) focusing on companies with high ROE and strong certainty, where current valuation premiums are still low [1]

Investment Rating - The report maintains a "Buy" rating for Qilu Bank [1][5]. Core Views - Qilu Bank has consistently ranked among the top tier of listed banks in terms of growth rate, indicating sustainable growth potential as a city commercial bank. The bank's expansion of branches, increased market share in local lending, steady performance growth, and continuous improvement in asset quality form a clear operational logic [3][8]. - The bank's dividend payout ratio has increased to 27.6% for the first half of 2024, with an expected annual dividend yield of 4.6%. Revenue growth is projected at 4.5% year-on-year for 2025, while net profit attributable to shareholders is expected to grow by 11.5% year-on-year [3][8]. - The current valuation stands at 0.64 times the 2025 price-to-book ratio (PB) and 5.4 times the 2025 price-to-earnings ratio (PE), with the current stock price approximately 15% away from the mandatory redemption price of convertible bonds [3][8]. Summary by Sections Financial Performance - Qilu Bank reported a revenue growth of 4.6% year-on-year for 2024, with a quarterly growth of 5.5%. The net profit attributable to shareholders increased by 17.8% year-on-year, with a quarterly growth of 19.1%. The non-performing loan ratio decreased significantly by 4 basis points to 1.19%, with an annual decline of 7 basis points. The provision coverage ratio rose by 9.6 percentage points to 322% [3][4][8]. Loan Growth and Market Position - By the end of 2024, Qilu Bank's loans increased by 12.3% compared to the beginning of the year, with a quarterly growth of 1.4%. The expansion of branches in Heze and Zibo is expected to enhance the bank's market share in external loans. The bank's focus on corporate loans remains strong, with inclusive small and micro loans maintaining a 22% share [3][8]. Revenue and Profitability - The bank's net interest income was impacted by a significant decline in net interest margin, which fell by 2.1% year-on-year in the first three quarters. However, a recovery is anticipated in Q4 2023, leading to positive growth in net interest income. Non-interest income is expected to benefit from strong performance in the bond market [3][8]. Asset Quality - Qilu Bank has seen a continuous decline in non-performing loans and attention rates, achieving record lows since its listing. The bank's exposure to real estate loans is minimal, with only 1.34% of corporate loans allocated to this sector, indicating a lower risk profile compared to the industry [3][8].

Investment Rating - The report maintains an "Accumulate" rating for Qilu Bank [4]. Core Views - Qilu Bank's total assets reached nearly 690 billion yuan by the end of 2024, marking a year-on-year growth of 14%. The bank's loan total was 337.14 billion yuan, up 12.31% year-on-year, while deposits increased by 10.42% to 439.54 billion yuan [4]. - The bank's operating income for 2024 was 12.50 billion yuan, reflecting a year-on-year increase of 4.55%, and the net profit attributable to shareholders was 4.99 billion yuan, up 17.77% year-on-year [4]. - The non-performing loan ratio decreased by 7 basis points to 1.19%, and the provision coverage ratio improved by 18.8 percentage points to 322.38%, indicating a solid asset quality [4]. Summary by Sections Financial Performance - Qilu Bank's operating income for 2024 was 12,495.40 million yuan, with a growth rate of 4.55% year-on-year. The net profit attributable to shareholders was 4,986.13 million yuan, with a growth rate of 17.77% year-on-year [6]. - The bank's EPS for 2024 is projected to be 1.03 yuan, with forecasts of 1.20 yuan and 1.40 yuan for 2025 and 2026, respectively [4][6]. Asset Quality - By the end of 2024, Qilu Bank's non-performing loan ratio was 1.19%, down 7 basis points from the previous year, and the provision coverage ratio was 322.38%, indicating a strong safety margin [4]. - The bank's core Tier 1 capital adequacy ratio was 10.26% as of Q3 2024, positioning it favorably compared to peers [4]. Growth Prospects - The report anticipates that Qilu Bank will benefit from growth in corporate, county-level, and green-related business revenues, supporting stable performance in the coming years [4]. - The bank's loan-to-deposit ratio stood at 76.7%, suggesting significant room for further lending [4].

Investment Rating - The investment rating for Qilu Bank is "Accumulate" (maintained) [2] Core Views - Qilu Bank's revenue and net profit growth rates are marginally increasing, with 2024 revenue expected to grow by 4.6% year-on-year and net profit by 17.8% year-on-year [3][7] - The bank is experiencing robust asset and liability growth, with total assets increasing by 14% year-on-year and total loans by 12.3% year-on-year, indicating a strong expansion [5][10] - Asset quality is improving, as evidenced by a decrease in the non-performing loan (NPL) ratio to 1.19% and an increase in the provision coverage ratio to 322.38% [11][12] - The bank's OCI account has floating profits, which are expected to support revenue in 2025, with an estimated 23% of 2024 revenue coming from OCI [13] Summary by Sections Financial Performance - Qilu Bank's 2024 revenue is projected at 12,485 million yuan, with a year-on-year growth rate of 4.56% [2] - The net profit for 2024 is forecasted to be 4,991 million yuan, reflecting a year-on-year growth of 17.89% [2] - Earnings per share (EPS) is expected to reach 1.06 yuan in 2024, with a net asset return rate of 14.02% [2] Asset and Liability Growth - Total assets are expected to grow by 14% year-on-year, with total loans increasing by 12.3% [10] - Total liabilities are projected to rise by 13.9%, with total deposits increasing by 10.4% [10] Asset Quality - The non-performing loan ratio has decreased to 1.19%, continuing a downward trend [11] - The provision coverage ratio has increased to 322.38%, indicating a strong safety margin [11] Future Outlook - The bank's 2024-2026 net profit forecasts have been adjusted to 50 billion, 58 billion, and 66 billion yuan respectively [13] - The bank is focusing on county-level finance and technological innovation to enhance its competitive position [13]

Financial Performance - In 2024, Qilu Bank achieved total operating income of RMB 12,495.81 million, a year-on-year increase of 4.55%[3] - The net profit attributable to shareholders reached RMB 4,986.29 million, reflecting a growth of 17.77% compared to 2023[3] - Basic earnings per share were RMB 0.97, an increase of 11.49% compared to the previous year[3] - The weighted average return on equity decreased by 0.38 percentage points to 12.52%[3] Asset and Loan Growth - The total assets of Qilu Bank amounted to RMB 689,539.36 million, representing a 14.01% increase from the beginning of the year[3] - The total loans increased to RMB 337,141.86 million, marking a growth of 12.31% year-on-year[3] - The total deposits rose to RMB 439,541.46 million, with a year-on-year growth of 10.42%[3] Credit Quality - The non-performing loan ratio improved to 1.19%, a decrease of 0.07 percentage points from the previous year[6] - The provision coverage ratio increased to 322.38%, up by 18.80 percentage points year-on-year[6] Dividends - The bank declared an interim cash dividend of RMB 614 million for 2024, which is reflected in the financial statements[6]

证券代码：601665 证券简称：齐鲁银行 公告编号：2025-003 可转债代码：113065 可转债简称：齐鲁转债 齐鲁银行股份有限公司 2024 年度中期权益分派实施公告 本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： 每股分配比例 A 股每股现金红利 0.127 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 | 2025/1/22 | － | 2025/1/23 | 2025/1/23 | 差异化分红送转： 否 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齐鲁银行股份有限公司（以下简称"公司"）2024 年 5 月 17 日召开的 2023 年度股东大会审议通过，授权董事会确定 2024 年度中期利润分 配相关事宜。公司于 2024 年 12 月 20 日召开第九届董事会第十一次会议，审议通 过了《2024 年度中期利润分配方案》。 二、 分配方案 1. ...