2024 601665 〇 | 会议议程 1 | | | --- | --- | | 会议须知 3 | | | 议案一：2024 年度董事会工作报告 | 6 | | 议案二：2024 年度监事会工作报告 | 13 | | 年度财务决算报告及 议案三：2024 2025 年度财务预算方案...19 | | | 议案四：2024 年度利润分配方案 | 22 | | 议案五：关于聘请 2025 年度会计师事务所的议案 24 | | | 议案六：2024 年度关联交易情况报告 | 29 | | 议案七：关于 2025 年度日常关联交易预计额度的议案 34 | | | 议案八：关于发行金融债券的议案 | 59 | | 议案九：关于选举第九届董事会非执行董事的议案 63 | | | 议案十：关于收购章丘齐鲁村镇银行设立分支机构的议案 65 | | | 议案十一：关于 年度大股东相关情况的评估报告 67 2024 | | | 议案十二：独立董事 2024 年度述职报告 | 73 | 会议主持人：董事长郑祖刚先生 一、宣布会议开始 1 会议时间：2025 年 5 月 23 日（星期五）9:30 会议地点：总行大厦四楼一会议室 ...

Industry Investment Rating - The industry investment rating is maintained at "Outperform the Market" [1] Core Viewpoints - The report highlights that the overall operating income, pre-provision profit, and net profit attributable to shareholders of listed banks for 2024 are expected to grow at rates of 0.08%, -0.72%, and 2.35% respectively. In Q1 2025, these growth rates are projected to decline to -1.72%, -2.15%, and -1.20%, indicating a downward trend in performance due to the impact of interest rate adjustments and market fluctuations [3][10][13] - The report emphasizes that the non-interest income growth of banks has slowed down due to market volatility, which has affected trading positions and overall performance [4][10] - The asset quality of listed banks is showing slight improvement, with the non-performing loan ratio decreasing from 1.24% in 2024 to 1.23% in Q1 2025, and the overall provision coverage ratio remaining stable around 239.91% in 2024 and 237.92% in Q1 2025 [4][10][13] Summary by Sections 1. Impact of Repricing and Market Fluctuations - The report notes that the combination of repricing impacts and market volatility has led to a decline in performance for Q1 2025, with significant drops in revenue and profit growth rates compared to 2024 [3][10] - The performance of city commercial banks has been notably better than other types of banks, with positive revenue growth in both 2024 and Q1 2025 [10][13] 2. Growth of Interest-Generating Assets - The growth rate of interest-generating assets for listed banks was 0.44% in 2024, with a slight increase to 0.79% in Q1 2025. However, the growth in deposits remained stable at 5.59% in 2024 and 6.22% in Q1 2025 [4][10] 3. Interest Margin Performance - The report indicates that both the yield on interest-generating assets and the cost of interest-bearing liabilities have decreased significantly in Q1 2025, affecting the interest margin performance across banks [4][10] 4. Non-Interest Income Growth - Non-interest income growth for listed banks was 6.71% in 2024, but it fell to -1.87% in Q1 2025, primarily due to the impact of market conditions on fee income and other non-interest revenues [4][10] 5. Asset Quality Improvement - The report highlights a slight improvement in asset quality, with a marginal decrease in the non-performing loan ratio and stable provision coverage ratios, indicating a cautious but positive trend in credit quality [4][10][13] 6. Investment Recommendations - The report suggests focusing on major state-owned banks such as Industrial and Commercial Bank of China, China Construction Bank, and Bank of Communications, as well as regional banks like Chongqing Bank and Chengdu Bank, which may benefit from supportive fiscal policies [5][10]

编 辑丨巫燕玲 5月1 5日，A股震荡回调，但银行板块整体表现仍相对强势， 农业银行、浦发银行等多只银行 股创历史新高。银行板块总市值突破1 0万亿元大关，再创历史新高 。 市场有观点认为，这背后或与公募和险资抢筹银行股有关。 其逻辑之一是部分银行股息率高企，引发险资抢筹配置需求。 另外一部分逻辑，则与5月7日发布的《推动公募基金高质量发展行动方案》（下称《行动方 案》）有关。有市场人士称，在《行动方案》中，基金经理薪酬与业绩挂钩。主动权益基金 通 常 会 选 取 沪 深 3 0 0 等 代 表 性 宽 基 指 数 作 为 业 绩 基 准 ， 而 沪 深 3 0 0 指 数 中 银 行 板 块 权 重 高 达 1 3 . 6 7%。因此，为了不让净值与业绩比较基准偏离太多，基金在加速回补低配的银行股，才 导致了金融板块的抢货潮。 银行股创新高 截自5月1 5日，申万一级银行指数今年以来上涨8 . 0 2%，重庆银行、渝农商行、青岛银行、上 海银行、齐鲁银行等更是暴涨逾2 0%。 作 者丨庞华玮 工商银行、建设银行、农业银行、中国银行等四大行，以及浦发银行、光大银行、上海银行 等股份制银行和城商行也均在近期创出 ...

Core Viewpoint - The recent surge in bank stocks has made them a prominent feature in the A-share market, driven by high dividends, low valuations, and their safe-haven characteristics amid uncertainty [2][4]. Group 1: Market Performance - The China Securities Bank Index reached a high of 7751.80 points on May 15, 2023, following a nearly 7% increase over the previous six trading days [2]. - The total market capitalization of A-share banks surpassed 10 trillion yuan, increasing by 600 billion yuan from the beginning of the year [3]. - Year-to-date, the bank sector has risen over 8%, ranking fifth among all primary industries, with several banks experiencing gains exceeding 20% [5]. Group 2: Investment Drivers - Recent policy changes, including interest rate cuts and the expansion of financial asset investment companies, have contributed to the positive sentiment towards bank stocks [6][7]. - The new public fund assessment mechanism is expected to increase the allocation of funds to bank stocks, as active equity funds are likely to reduce their deviation from benchmark indices [8]. Group 3: Institutional Buying - Insurance funds have been actively increasing their holdings in bank stocks, with significant purchases noted in several banks this year [9]. - High dividend yields remain a key attraction for insurance investors, with many bank stocks offering yields above 4% [9]. Group 4: Risks and Challenges - Despite the positive outlook, there are concerns regarding the sustainability of bank stock performance, as factors such as narrowing interest margins and asset quality issues in retail lending pose risks [11][12]. - The overall non-performing loan ratio is rising, particularly in personal loans, indicating potential stress in the banking sector [12].

2014年，这家从事污水治理、废气污染治理、土壤污染治理的环保企业，通过创始人房产抵押的方式， 获得中国银行济南分行200万元贷款，解决了资金运转不畅的难题。2021年，该公司签约烟台嘉信化学 科技有限公司污水处理项目，通过投贷联动模式，分别获得山东山科创新股权投资有限公司和中国银行 济南分行各1000万元融资，顺利解决项目建设的流动资金需求，迎来业务爆发期。今年，山东省财金资 本管理有限公司通过股权融资方式为其注资2000万元，助力北成环境一举拿下成立以来首个千万元级市 场订单，打开京津冀市场。 "我们最早是在一所民宅办公，当时来调研的银行工作人员觉得我们规模太小，放贷的可能性比较低。 今年我们完成股权变更后，公司管理层陆续收到多家银行的合作来电。"肖岛笑称。从首次获贷的一波 三折到两获资本市场青睐，肖岛将成功的秘诀总结为"会说银行话"和用好政策。"有人可能会说银行'嫌 贫爱富'，我不认同。作为企业，我们要做的是给银行一份相对清楚的报表、一个明确的需求和一个客 观的产业前景，银行自然就会形成正确的判断。" 一人行速，众人行远。 当东方智慧融入黄河畔的科创浪潮，一场金融合力托举下的产业跃迁在"泉城"济南聚势显 ...

证券代码：601665 证券简称：齐鲁银行 公告编号：2025-017 可转债代码：113065 可转债简称：齐鲁转债 特此公告。 齐鲁银行股份有限公司董事会 2025 年 5 月 12 日 为进一步加强与投资者的互动交流，齐鲁银行股份有限公司（以下简称"公 司"）将参加由山东证监局、山东上市公司协会与深圳市全景网络有限公司联合 举办的"2025 年山东辖区上市公司投资者网上集体接待日活动"。 本次活动将采用网络互动的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号（名称：全景财经），或下载全景路演 APP， 参与本次互动交流，活动时间为 2025 年 5 月 15 日（周四）15:00-16:30。公司管 理层将在线就公司经营成果、公司治理、发展战略等投资者关心的问题，与投资 者进行沟通与交流，欢迎广大投资者积极参与。 齐鲁银行股份有限公司 关于参加 2025 年山东辖区上市公司投资者 网上集体接待日活动的公告 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。 ...

Core Viewpoint - The banking sector is experiencing a resurgence, with significant stock price increases and a strong performance in 2024, leading to historical highs for several banks [1][2][3]. Group 1: Stock Performance - As of May 9, the banking sector rose by 1.46%, with a year-to-date increase of nearly 7%, outperforming other industry sectors [1][2]. - Among 42 bank stocks, 24 showed varying degrees of increase, with Qingdao Bank leading at a 3.4% rise, reaching a closing price of 4.86 yuan per share [2]. - The banking index has increased by 6.95% this year, making it the top performer among 30 sectors, with a cumulative rise of 43% in 2024, surpassing the CSI 300 index by 28 percentage points [2][3]. Group 2: Earnings and Financial Metrics - In Q1 2025, listed banks reported a 1.7% year-on-year decline in total operating income and a 1.2% drop in net profit attributable to shareholders, primarily due to reduced non-interest income and weakened profit smoothing [4]. - The net interest margin decreased by 13 basis points to 1.43%, with expectations of a slight narrowing of the decline to 10-15 basis points for the year [4]. - Total assets of listed banks grew by 7.5% year-on-year, indicating a return to normal growth levels, with city commercial banks maintaining higher growth rates [4]. Group 3: Dividend Trends - The banking sector is entering a dividend season, with total disclosed dividends for 2024 amounting to 616.13 billion yuan, of which the six major banks accounted for over 70% [6][7]. - Industrial and Commercial Bank of China led with a dividend of 109.77 billion yuan, followed by China Construction Bank with 100.75 billion yuan [7]. - Analysts highlight the importance of sustainable dividend policies, emphasizing that increasing dividend frequency can enhance investor confidence and stabilize stock prices [8].

在经济复苏动能切换、利率市场化深化的大背景下，区域金融机构的韧性面临全新考验。然而，近日齐 鲁银行（股票代码：601665）发布的2024年年度报告，却以一份"规模稳健增长、结构不断优化、质效 持续提升"的答卷，展现出区域标杆银行的经营智慧。 营收、归母净利润均连续多年稳定攀升 获多家权威证券机构"增持"评级 公开信息显示，齐鲁银行成立于1996年，是全国首批、山东省首家设立并引进境外战略投资的城商行。 该行战略布局根植济南、立足山东、辐射津冀豫，拥有16家分行和12家村镇银行，以及230余家营业网 点，服务客户700余万。28年来，齐鲁银行秉承"服务城乡居民，服务中小企业，服务地方经济"的市场 定位，持续提升金融服务能力和风险防范化解能力，主要业务指标增速在上市银行中排名居前。 2024年末，齐鲁银行资产总额达 6,895.39 亿元，较上年末增长 14.01%。同时，该行2024年实现营业收 入 124.96 亿元，同比增长 4.55%；归属于上市公司股东的净利润则为49.86 亿元，同比增长17.77%；基 本每股收益 0.97元，同比增长11.49%，经济效益得到稳步提升。 对于齐鲁银行所交出的"20 ...

Investment Rating - The report maintains an "Accumulate" rating for Qilu Bank [4] Core Views - Qilu Bank's performance shows a marginal increase in growth rates, with revenue growth of 4.74% year-on-year in Q1 2025, compared to 4.57% for the entire year of 2024. Net profit growth for Q1 2025 is 16.44%, compared to 17.77% for 2024 [6][10] - The bank's asset quality continues to improve, with a non-performing loan (NPL) ratio of 1.17% in Q1 2025, down 2 basis points quarter-on-quarter and 8 basis points year-on-year [24] - The bank is focusing on county-level finance and innovation in financial services to maintain competitive advantages in a challenging environment [6] Summary by Sections Performance Overview - Q1 2025 revenue increased by 4.74% year-on-year, while net profit rose by 16.44% [10] - The bank's net interest margin decreased by 3 basis points to 1.48% in Q1 2025, with an annualized asset yield down by 15 basis points to 3.25% [14][16] Asset Quality - The NPL ratio and NPL generation rate are on a downward trend, with the NPL generation rate at 0.5% in Q1 2025, down 13 basis points from the previous quarter [24] - The provision coverage ratio increased to 324.09%, reflecting a strong buffer against potential loan losses [24] Loan and Deposit Growth - Q1 2025 saw a 14.3% year-on-year increase in deposits, with a stable growth trend in interest-bearing liabilities [17] - The loan growth rate for Q1 2025 was 12.6%, with corporate loans increasing by 18.1% [16] Non-Interest Income - Non-interest income decreased by 3.9% year-on-year in Q1 2025, primarily due to a decline in other non-interest income [20] - Fee income, however, showed a positive growth of 8.4% year-on-year [20] Future Outlook - The report projects net profits of 56 billion, 62 billion, and 67 billion for 2025E, 2026E, and 2027E respectively, reflecting slight adjustments from previous estimates [6]

Core Viewpoint - Qilu Bank is actively cultivating and promoting a distinctive financial culture in China, integrating cultural elements into its core competitiveness to achieve high-quality development [1][2][5] Group 1: Cultural Development - Qilu Bank emphasizes the importance of deep learning to enhance ideological motivation, focusing on the internalization and transformation of financial culture [2] - The bank has established the "Qilu Lecture Hall" to improve employees' political literacy, professional skills, and innovative thinking, thereby supporting strategic implementation [2] - A strong atmosphere for promoting Chinese financial culture has been created internally through various activities and initiatives [2][6] Group 2: Practical Implementation - Qilu Bank is committed to practical actions that yield effective results, aligning with national financial service directives in areas such as technology, green finance, and inclusive finance [3][4] - The bank has launched innovative financial products like research loans and sustainable development-linked loans to support local economic growth and green transformation [4] - It has developed a comprehensive service system for enterprises, integrating various financial services to enhance digital finance capabilities [4] Group 3: Cultural Innovation - Qilu Bank focuses on creativity and innovation in its cultural initiatives, establishing a corporate culture system centered on "home culture" [5] - The bank has defined seven core cultural concepts and seven functional cultural principles to guide decision-making and service delivery [5] - It has achieved recognition in various competitions, reflecting its commitment to enhancing the public's understanding and trust in the financial industry [5]