证券代码：601665 证券简称：齐鲁银行 公告编号：2025-040 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 关于实施"齐鲁转债"赎回暨摘牌的 第九次提示性公告 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： 截至 2025 年 7 月 24 日收市后，距离 2025 年 8 月 8 日（"齐鲁转债"最后 交易日）仅剩 11 个交易日，2025 年 8 月 8 日为"齐鲁转债"最后一个交易日。 最后转股日：2025 年 8 月 13 日 截至 2025 年 7 月 24 日收市后，距离 2025 年 8 月 13 日（"齐鲁转债"最后 转股日）仅剩 14 个交易日，2025 年 8 月 13 日为"齐鲁转债"最后一个转股日。 本次提前赎回完成后，"齐鲁转债"将自 2025 年 8 月 14 日起在上海证 券交易所摘牌。 投资者所持"齐鲁转债"除在规定时限内通过二级市场继续交易或按 5.00 元/股的转股价格进行转股外，仅能选择以 100 元/张的票面价格加当期应计利息 （合计人民 ...

Market Overview - Major A-share indices collectively rose, with the Shanghai Composite Index up 0.65% to 3605 points, the Shenzhen Component Index up 1.21%, and the ChiNext Index up 1.5% [1][2]. Sector Performance Hainan Free Trade Port - The Hainan sector surged as the Hainan Free Trade Port is set to officially "close" on December 18, leading to significant gains in nearly 20 stocks, including Hainan Airport and others [2][4]. - The "zero tariff" product ratio in Hainan will increase from 21% to 74% post-closure, with 85 countries' personnel eligible for visa-free entry [7]. Duty-Free Concept Stocks - Duty-free concept stocks performed strongly, with companies like Hainan Development and China Duty Free Group hitting the daily limit [6][7]. Film and Entertainment Sector - The film and entertainment sector saw significant gains, with Happiness Blue Sea hitting the daily limit and other companies like China Film and Huayi Brothers also rising [8][9]. - The total box office for the summer season reached 4.363 billion yuan, indicating a recovery in the industry [9]. Vaccine Stocks - Vaccine stocks experienced a collective surge, with companies like Zhifei Biological Products and Watson Bio hitting the daily limit [10][11]. - The rise is attributed to recent health alerts regarding the spread of diseases, increasing demand for vaccines [11]. Precious Metals - The precious metals sector faced declines, with Zhongjin Gold dropping over 4% amid reports of potential tariff agreements between the US and EU, impacting gold's safe-haven demand [12][13]. Banking Sector - The banking sector showed weakness, with several banks including Qilu Bank and Minsheng Bank experiencing declines [14][15]. Individual Stock Movements - Zhongjin Gold's stock fell to 15.19 yuan, with a market capitalization of 736.31 billion yuan [16][17]. - The stock's recent performance reflects broader market trends and individual company news impacting investor sentiment [19].

Core Viewpoint - Qilu Bank's convertible bonds ("Qilu Convertible Bonds") are approaching redemption, with the last trading day set for August 8, 2025, following a significant increase in conversion speed after the announcement of forced redemption [1][2]. Group 1: Convertible Bonds and Capital Strength - The conversion of Qilu Convertible Bonds is a crucial external channel for supplementing core Tier 1 capital, enhancing the bank's capital strength and risk resilience [3]. - As of June 30, the cumulative conversion amount of Qilu Convertible Bonds reached 2.661 billion yuan, with a conversion rate of approximately 33.26%, significantly up from 17.44% at the end of the first quarter [4]. - Following the forced redemption trigger, the unconverted balance of Qilu Convertible Bonds decreased to 2.027 billion yuan by July 22, indicating a conversion rate nearing 75% [4]. Group 2: Financial Performance and Growth Potential - In 2024, Qilu Bank achieved an operating income of 12.496 billion yuan, a year-on-year increase of 4.55%, and a net profit of 4.986 billion yuan, up 17.77%, ranking among the top in its peer group [7]. - The bank's total assets surpassed 700 billion yuan, reaching 716.397 billion yuan, with a non-performing loan ratio of 1.17% and a provision coverage ratio of 324.06%, indicating improved asset quality [8]. - Qilu Bank's focus on county-level finance and innovation in financial services is expected to further enhance its market share and long-term growth potential [6]. Group 3: Market Position and Future Outlook - Qilu Bank is recognized as a leading city commercial bank in Shandong, with a growing presence in Tianjin, Henan, and Hebei, and has expanded its branches to 194 [7]. - The bank's strategic initiatives in technology and green finance have led to significant growth in loans to technology enterprises and green projects, with respective increases of 46.64% and 38.93% year-on-year [7]. - Qilu Bank's ranking in the "Top 300 Global Banks" by the British magazine "The Banker" reflects its strengthening comprehensive strength and market position [8].

Core Viewpoint - Qilu Bank's Binzhou Bincheng Branch emphasizes a customer-centric service philosophy, focusing on customer needs and innovative service models to enhance financial service experiences [1][4]. Group 1: Customer Engagement Activities - The bank organizes a series of children's salon activities, such as "Little Dentist," "Little Banker," and financial literacy classes, to enrich children's financial experiences [2]. - During the Dragon Boat Festival, the bank invited students and parents from Shandong Aviation College Affiliated Primary School to participate in traditional activities, fostering cultural appreciation and financial knowledge [2]. Group 2: Home Service Initiatives - The bank launched a "zero-run" home service to address the needs of demolition compensation and special groups, providing services like password modification and account activation for those unable to visit the bank [3]. - Since the beginning of 2025, the bank has served over 20 clients in key areas, achieving a customer satisfaction rate of 100% [3]. Group 3: Customer Feedback and Relationship Building - The bank's attentive service has led to positive customer feedback, with clients often sharing home-cooked food and produce with bank employees as a gesture of appreciation [3]. - A notable case involved a couple who faced issues with an insurance platform; the bank's staff dedicated a week to resolve the issue, deepening the couple's trust and connection with the bank [3]. Group 4: Recognition and Service Quality - Qilu Bank's Binzhou Bincheng Branch has received the Service Flowing Red Flag honor for two consecutive quarters in 2025, reflecting its commitment to service excellence [4]. - The bank aims to enhance service quality through a dual approach of "hard facilities + soft services," further integrating financial services with community needs [4].

证券代码：601665 证券简称：齐鲁银行 公告编号：2025-039 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 关于实施"齐鲁转债"赎回暨摘牌的 第八次提示性公告 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。 1 / 5 赎回登记日：2025 年 8 月 13 日 赎回价格：100.7068 元/张 赎回款发放日：2025 年 8 月 14 日 最后交易日：2025 年 8 月 8 日 重要内容提示： 截至 2025 年 7 月 23 日收市后，距离 2025 年 8 月 8 日（"齐鲁转债"最后 交易日）仅剩 12 个交易日，2025 年 8 月 8 日为"齐鲁转债"最后一个交易日。 最后转股日：2025 年 8 月 13 日 截至 2025 年 7 月 23 日收市后，距离 2025 年 8 月 13 日（"齐鲁转债"最后 转股日）仅剩 15 个交易日，2025 年 8 月 13 日为"齐鲁转债"最后一个转股日。 本次提前赎回完成后，"齐鲁转债"将自 2025 年 8 月 14 日起在上海证 ...

银行板块震荡上扬，齐鲁银行（601665）涨超3%，农业银行（601288）涨超2%，长沙银行 （601577）、郑州银行（002936）、邮储银行（601658）、华夏银行（600015）纷纷上扬。 ...

Core Viewpoint - The banking sector has shown strong performance in 2023, with the China Securities Banking Index rising by up to 25%, and many bank stocks reaching historical highs, prompting some shareholders to consider profit-taking through share reductions [1][2][3] Summary by Sections Bank Stock Performance - The banking sector's stocks have experienced significant gains, with 42 stocks achieving positive growth and 18 reaching new historical highs this year [1] - Qingdao Bank has seen the largest increase, with intraday gains exceeding 40% [1] Shareholder Reduction Announcements - Six banks have announced share reduction plans since May, coinciding with the peak prices of bank stocks [2][3] - China Life intends to reduce its stake in Hangzhou Bank by up to 50.79 million shares, representing 0.7% of the total shares, marking the end of its 16-year investment in the bank [2] - Other banks, such as Qilu Bank and Changsha Bank, have also announced share reductions, with Qilu Bank's major shareholder planning to sell up to 60.44 million shares [3][5] Reasons for Share Reductions - Market analysts suggest that the reductions are primarily due to shareholders seeking to lock in profits after substantial price increases [8][9] - Factors influencing these decisions include the need for asset reallocation, the high valuation of bank stocks, and potential concerns about future growth prospects [9] Ongoing Investment Interest - Despite the reductions, there is still strong interest in bank stocks, with eight banks receiving shareholder increases this year, indicating a net positive sentiment towards the sector [9][10] - Insurance companies have also been actively acquiring bank shares, further demonstrating ongoing confidence in the banking sector [10]

Summary of Key Points Core Viewpoint - The A-share market experienced significant trading activity on July 22, with a total of 75 stocks involved in block trades amounting to 1.683 billion yuan, highlighting notable trading volumes for specific companies [1]. Group 1: Trading Activity - A total of 75 stocks had block trades, with a total transaction value of 1.683 billion yuan [1]. - The top three companies by transaction value were SAIC Motor Group (1.57 billion yuan), Qilu Bank (1.46 billion yuan), and Anke Intelligence (86.4 million yuan) [1]. - Among the stocks, 14 were traded at par, 4 at a premium, and 57 at a discount [1]. Group 2: Price Performance - The stocks with the highest premium rates were ST Nanchuan (2.53%), Minsheng Bank (0.95%), and Jinghua Micro (0.18%) [1]. - The stocks with the highest discount rates included Placo New Materials (22.53%), Kaisa Bio (21.36%), and Qiangrui Technology (19.29%) [1]. Group 3: Institutional Trading - The top institutional buy rankings included SAIC Motor Group (1.57 billion yuan), Anke Intelligence (64.8 million yuan), and Chaojie Co. (63.8575 million yuan) [2]. - The top institutional sell rankings were led by Beifang Copper Industry (10.9155 million yuan), Jingyeda (6.9836 million yuan), and Jinlei Co. (6.6459 million yuan) [2].

证券代码：601665 证券简称：齐鲁银行 公告编号：2025-038 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 关于实施"齐鲁转债"赎回暨摘牌的 第七次提示性公告 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： 截至 2025 年 7 月 22 日收市后，距离 2025 年 8 月 8 日（"齐鲁转债"最后 交易日）仅剩 13 个交易日，2025 年 8 月 8 日为"齐鲁转债"最后一个交易日。 最后转股日：2025 年 8 月 13 日 截至 2025 年 7 月 22 日收市后，距离 2025 年 8 月 13 日（"齐鲁转债"最后 转股日）仅剩 16 个交易日，2025 年 8 月 13 日为"齐鲁转债"最后一个转股日。 本次提前赎回完成后，"齐鲁转债"将自 2025 年 8 月 14 日起在上海证 券交易所摘牌。 投资者所持"齐鲁转债"除在规定时限内通过二级市场继续交易或按 5.00 元/股的转股价格进行转股外，仅能选择以 100 元/张的票面价格加当期应计利息 （合计人民 ...

Investment Rating - The report maintains a "Recommended" rating for the banking sector, highlighting its investment value and potential for performance improvement [36]. Core Insights - The banking sector is experiencing a marginal recovery in credit growth, with government bonds continuing to be a major contributor to social financing growth. The central bank's recent operations are expected to maintain a moderately loose monetary policy, improving banks' funding costs. Urban renewal initiatives present opportunities for credit expansion and asset quality improvement for banks [36]. Summary by Sections Latest Research Insights - In June, social financing (社融) increased by 4.2 trillion yuan, exceeding expectations, with a year-on-year increase of 900.8 billion yuan. The total social financing stock grew by 8.9% year-on-year, with a month-on-month increase of approximately 0.2 percentage points [6][7]. - The People's Bank of China (PBOC) announced a record 14 trillion yuan in reverse repos on July 15, 2025, aimed at releasing liquidity and improving banks' funding costs [8][9]. Market Performance - The banking sector underperformed the market, with a decline of 1.03% compared to a 1.09% increase in the CSI 300 index. The price-to-book (PB) ratio for the banking sector is currently 0.75, with a dividend yield of 4.06% [4][27]. Investment Recommendations - The report suggests that the banking sector's fundamentals are accumulating positive factors, indicating a potential turning point in performance. It recommends specific banks, including Industrial and Commercial Bank of China (601398), Agricultural Bank of China (601288), and others, as attractive investment opportunities [36][37].