证券代码：601916 证券简称：浙商银行 公告编号：2025-045 浙商银行股份有限公司 关于召开2025年第一次临时股东大会的通知 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： 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 9 月 25 日 14 点 30 分 召开地点：中国浙江省杭州市上城区民心路 1 号浙商银行总行 601 会议室 不涉及 (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 网络投票起止时间：自2025 年 9 月 25 日 至2025 年 9 月 25 日 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 股东大会召开日期：2025年9月25日 （星期四） 股权登记日：2025年9月18日（星期四） 本 ...

會議資料 浙商銀行股份有限公司 2025年第一次臨時股東大會 会议议程 二〇二五年九月二十五日 目录 | 1．会议议程 | 3 | | --- | --- | | 2．会议须知 | 4 | | 3．浙商银行股份有限公司2025年第一次临时股东大会议案材料 | 6 | | （1）关于选举郑新刚先生为浙商银行股份有限公司第七届董事会董事的议案 | 6 | | （2）关于选举杨朝晖先生为浙商银行股份有限公司第七届董事会董事的议案 | 8 | | （3）浙商银行股份有限公司关于发行资本债券及相关授权的议案 | 10 | 2 会议召开时间：2025年9月25日（星期四）14点30分 会议召开地点：中国浙江省杭州市上城区民心路1号浙商银行总行601会议室 召集人：浙商银行股份有限公司董事会 会议议程： 一、宣布会议开始 二、宣读会议注意事项 （一）关于选举郑新刚先生为浙商银行股份有限公司第七届董事会董事的 议案 （二）关于选举杨朝晖先生为浙商银行股份有限公司第七届董事会董事的 议案 （三）浙商银行股份有限公司关于发行资本债券及相关授权的议案 五、统计出席会议股东的人数、代表股份数 六、对议案投票表决并统计表决结果 七、宣 ...

【环球网财经综合报道】未来三年支持浙江省先进制造业产业集群建设融资总量超5000亿元，创新推出"浙链通"数字化专属供应链解决方案…… 县域是先进制造业集群建设的"主战场"，此次发布《十五条举措》尤其注重"下沉服务"。一方面，聚焦15个省级特色产业集群"核心区协同区"，浙商银行打 造"一区一链"特色金融服务品牌，批量解决中小企业缺资金、缺担保等融资难点；另一方面，针对县域集群企业需求，打造多维度的财富管理服务框架和企 业理财产品货架，引入金融顾问制度，链接创投、基金、担保等外部机构，为企业发展提供"全周期、全阶段"综合服务。 "接下来，我们会继续深化'深耕浙江'战略，把十五条举措落到实处。"浙商银行相关负责人表示，该行将通过持续优化金融服务，为浙江先进制造业发展注 入更多动力，在创新浙江建设中彰显省属银行的责任与担当。（一言） 真金白银投向重大项目 每年新增融资不少于 100 亿元 在重大项目攻坚上，浙商银行给出了"承诺"：针对全省"千项万亿""千亿技改"等重点制造业项目，每年新增融资服务不少于100亿元。为匹配不同项目需 求，该行整合了项目贷款、银团贷款、专项债服务等多元工具，还提供利率优惠、绿色审批通道等差 ...

未来三年支持浙江省先进制造业产业集群建设融资总量超5000亿元，创新推出"浙链通"数字化专属供应 链解决方案…… 科技创新，是先进制造业的"核心引擎"；县域经济则是承载产业转移、培育特色集群的重要腹地。浙商 银行通过特色化科技金融产品和深度下沉的县域服务，打通金融服务最后一公里，为浙江省先进制造业 集群构建全生命周期支持。 近日，浙商银行发布《全力支持浙江省先进制造业集群建设十五条举措》（下称《十五条举措》），围 绕"415X"先进制造业集群建设，从助力产业集群稳产增效、创新驱动、做大做强、资本化发展等五大 维度推出十五条举措，靠前发力服务实体经济，为浙江打造全球先进制造业基地注入"金融活水"。这也 是省属金融机构贯彻落实浙江省委十五届七次全会精神、服务创新浙江建设的具体实践。 作为唯一总部扎根浙江的全国性股份制商业银行，浙商银行此次率先推出《十五条举措》，紧扣重大项 目、产业链、创新驱动三大关键领域，每年新增融资服务不少于100亿元，用"真金白银"和"定制服 务"破解先进制造业发展中的融资痛点，助推浙江标志性产业链做大做强。 真金白银投向重大项目 每年新增融资不少于100亿元 据悉，当前我国进入制造业转型升 ...

未来三年支持浙江省先进制造业产业集群建设融资总量超5000亿元，创新推出"浙链通"数字化专属供应 链解决方案…… 近日，浙商银行发布《全力支持浙江省先进制造业集群建设十五条举措》（下称《十五条举措》），围 绕"415X"先进制造业集群建设，从助力产业集群稳产增效、创新驱动、做大做强、资本化发展等五大 维度推出十五条举措，靠前发力服务实体经济，为浙江打造全球先进制造业基地注入"金融活水"。这也 是省属金融机构贯彻落实浙江省委十五届七次全会精神、服务创新浙江建设的具体实践。 作为唯一总部扎根浙江的全国性股份制商业银行，浙商银行此次率先推出《十五条举措》，紧扣重大项 目、产业链、创新驱动三大关键领域，每年新增融资服务不少于100亿元，用"真金白银"和"定制服 务"破解先进制造业发展中的融资痛点，助推浙江标志性产业链做大做强。 真金白银投向重大项目 每年新增融资不少于100亿元 据了解，当前我国进入制造业转型升级的关键阶段，重大项目投资大、周期长、产业链上下游中小企业 融资渠道有限等问题，仍然掣肘着先进制造业集群化、高质量发展。对此，浙商银行以多元化金融工具 与定制化服务，直击产业发展的资金痛点，为区域制造业提质增效 ...

未来三年支持浙江省先进制造业产业集群建设融资总量超5000亿元，创新推出"浙链通"数字化专属 供应链解决方案…… 近日，浙商银行发布《全力支持浙江省先进制造业集群建设十五条举措》（下称《十五条举 措》），围绕"415X"先进制造业集群建设，从助力产业集群稳产增效、创新驱动、做大做强、资本化 发展等五大维度推出十五条举措，靠前发力服务实体经济，为浙江打造全球先进制造业基地注入"金融 活水"。这也是省属金融机构贯彻落实浙江省委十五届七次全会精神、服务创新浙江建设的具体实践。 作为唯一总部扎根浙江的全国性股份制商业银行，浙商银行此次率先推出《十五条举措》，紧扣重 大项目、产业链、创新驱动三大关键领域，每年新增融资服务不少于100亿元，用"真金白银"和"定制服 务"破解先进制造业发展中的融资痛点，助推浙江标志性产业链做大做强。 真金白银投向重大项目 每年新增融资不少于100亿元 产业链协同发展，是"415X"集群建设的核心抓手。对此，浙商银行聚焦新能源汽车、绿色石化、 现代纺织等八大重点产业链，创新推出浙江省专属供应链解决方案"浙链通"；以"四通一链多场景"服务 体系，覆盖特色产业集群的招投标、订单、应收应付等五大标 ...

未来三年支持浙江省先进制造业产业集群建设融资总量超5000亿元，创新推出"浙链通"数字化专属供应 链解决方案…… 《十五条举措》中，浙商银行专门推出"科创积分贷""科创银投贷"等特色产品，还通过推出"善科陪伴 计划"以耐心资本支持科创企业成长。针对高层次人才创业的"轻资产、无抵押"难题，该行迭代创新"人 才银行"服务，构建"人才+科技+产业+金融"生态，助力人才项目从"落地"到"壮大"。 县域是先进制造业集群建设的"主战场"，此次发布《十五条举措》尤其注重"下沉服务"。一方面，聚焦 15个省级特色产业集群"核心区协同区"，浙商银行打造"一区一链"特色金融服务品牌，批量解决中小企 业缺资金、缺担保等融资难点；另一方面，针对县域集群企业需求，打造多维度的财富管理服务框架和 企业理财产品货架，引入金融顾问制度，链接创投、基金、担保等外部机构，为企业发展提供"全周 期、全阶段"综合服务。 双轮驱动精准滴灌 打通金融服务最后一公里 近日，浙商银行发布《全力支持浙江省先进制造业集群建设十五条举措》（下称《十五条举措》），围 绕"415X"先进制造业集群建设，从助力产业集群稳产增效、创新驱动、做大做强、资本化发展等五大 维 ...

Summary of Key Points Core Viewpoint - The National Financial Supervision Administration has imposed fines exceeding 100 million yuan on several financial institutions due to various regulatory violations, highlighting ongoing scrutiny in the banking sector [1][2]. Group 1: Fines and Violations - Huaxia Bank was fined 87.25 million yuan for imprudent management of loans, bills, and interbank business, along with non-compliance in regulatory data reporting [1]. - Zhejiang Commercial Bank faced a fine of 11.308 million yuan for imprudent management of internet loans [1]. - CCB Financial Asset Investment Co. was fined 850,000 yuan for imprudent practices in debt-to-equity swap projects and irregular service fee pricing [1]. - ICBC Financial Asset Investment Co. was fined 400,000 yuan for non-compliance in service price management [2]. - CCB Insurance Asset Management Co. was fined 1.15 million yuan for operations not meeting regulatory requirements regarding trust plans and related transactions [2]. - Pacific Asset Management Co. was fined 1 million yuan for non-compliance in debt investment plan operations and insurance asset management products [2]. Group 2: Personnel Actions - Several responsible personnel from the fined institutions received warnings and fines, including Huaxia Bank's Chen Chengtian and Liu Jianxin [1]. - CCB Financial Asset Investment Co.'s Xu Wenbo was banned from the banking industry for five years due to violations [1]. - ICBC's former employees Li Chao and Yi Zhongbin were banned from the banking industry for five and seven years, respectively, for serious violations of prudent operation rules [2].

1. Report Industry Investment Rating - Currently, the report has a phased and clear bullish view on the bond market [1]. 2. Core Viewpoints of the Report - The revenue growth rate of the entire A-share market and the return on 10-year Treasury bonds are relatively consistent, and the economy may have stabilized at a low level in the first half of 2025, but there is still downward pressure [1][4]. - The loan growth rate continues to decline, the proportion of loans on the asset side of banks tends to decrease, and the financial investment proportion of large banks has increased since early 2023 [1]. - The cost rate of interest-bearing liabilities of listed banks has declined quarter by quarter, and it is expected to further decline in the next few years [1]. - The decline in bank liability costs will support the bond yield to oscillate downward, and it is recommended to increase the allocation of government bonds [1]. 3. Summary by Relevant Catalogues 3.1 From the Semi-annual Report of the Entire A-share Market to See the Economic and Bank Operating Pressures - **From the Performance of the Entire A-share Market to See the Economy** - The revenue growth rate of the entire A-share market can reflect the nominal GDP growth rate to a certain extent, and it is more consistent with the return on 10-year Treasury bonds than the nominal GDP growth rate [5][6]. - In the first half of 2025, the revenue growth rate of the entire A-share market was 0.0%, and the net profit growth rate attributable to the parent was 2.4%. The growth rate of the entire A-share market excluding finance, petroleum, and petrochemicals was under pressure, reflecting the large pressure on real - economy growth [4][10]. - **From the Performance of the Bank Sector to See the Economy** - The performance of the banking industry is closely related to the economy. In the past two years, the performance growth of the banking industry has been significantly under pressure, and the net interest margin of commercial banks has continued to decline [13][16]. - As of the second quarter of 2025, the net interest margin of commercial banks was 1.42%, a record low, and the average net interest margin of various types of listed banks has also decreased significantly [16][18]. - **From the Liabilities of the Entire A-share Market to See the Financing Demand** - Since the first quarter of 2024, the long - term borrowing of the entire A - share market (excluding finance, petroleum, and petrochemicals) has stagnated, reflecting the weak financing demand of market - oriented enterprises [20]. - The social financing growth rate generally leads the nominal GDP growth rate by 1 - 2 quarters, and the social financing growth rate may decline in the next few months [23]. 3.2 What Changes Have Occurred in the Bank's Assets and Liabilities? - **The Loan Growth Rates of Large and Small and Medium - Sized Banks Have Both Declined** - As of the end of July 2025, the balance of RMB loans of financial institutions was 268.5 trillion yuan, with a year - on - year growth rate of 6.9%, the lowest level since the beginning of 2011 [25]. - The growth rate of personal housing loans is under pressure of negative growth, and the loan growth rates of large and small and medium - sized banks have both declined. The proportion of loans of listed banks has tended to decline since the second quarter of 2024 [25][29]. - **The Proportion of Deposits on the Liability Side of Large Banks Has Decreased, and the Proportion of Deposits of Small and Medium - Sized Banks Has Remained Stable** - Since early 2023, the proportion of deposits of the six major banks has decreased from 81.4% in the first quarter of 2023 to 76.0% in the second quarter of 2025, while the average proportion of deposits of listed joint - stock banks has increased [25]. - The large - scale banks' corporate deposit growth has slowed down, and the large - scale banks' dependence on non - bank inter - bank deposits has increased [39][45]. 3.3 Which Banks Had More Financial Investment Growth in the First Half of 2025? - Since early 2023, the proportion of financial investment of large banks has rebounded. As of the end of June 2025, the overall financial investment of A - share listed banks reached 97.4 trillion yuan, accounting for 30.3% of assets [51]. - In the first half of 2025, ICBC and CCB had more financial investment growth, while a small number of joint - stock banks' financial investment decreased. The financial investment increments of large banks, joint - stock banks, and city and rural commercial banks were all significant [55][59]. - As of the end of July 2025, the year - on - year growth rate of the bond investment of the four major banks reached 21.2%, the highest since 2017, and that of small and medium - sized banks was 18.3% [60]. 3.4 How Much Has the Cost of Interest - Bearing Liabilities of Banks Decreased? - In 2025, the decline of the current deposit ratio has slowed down. Since early 2018, the current deposit ratio has dropped significantly, and it is expected to further decline in the future, but the decline rate may slow down [61]. - Since the beginning of 2024, the deposit interest - payment rate has decreased significantly. The overall deposit interest - payment rate of A - share listed banks in the first half of 2025 was 1.65%, a year - on - year decrease of 32BP [65]. - The cost rate of interest - bearing liabilities has declined quarter by quarter. It is expected to further decline in the next few years, and may drop below 1.65% in the fourth quarter of 2025 [67]. 3.5 Investment Suggestions - It is expected that the liability cost of commercial banks will decline year by year in the next five years, which will support the bond yield to oscillate downward, and the return on 10 - year Treasury bonds will follow the decline of bank interest - bearing liabilities [69]. - In the low - interest - rate era, it is recommended to reduce the return expectation of bond investment, and commercial bank self - operation should increase the allocation of government bonds [72][73].

Investment Rating - The report maintains an "Increase" rating for the banking sector, indicating a positive outlook for the industry [1]. Core Insights - In the first half of 2025, the contribution of financial asset disposal gains from AC and OCI accounts to revenue reached 5.2%, an increase of 2.9 percentage points compared to 2024 [1][2]. - The investment income growth rate for 42 listed banks was 23.6%, with AC, OCI, and TPL gains showing year-on-year growth rates of 134.7%, 79.0%, and -8.4% respectively [1]. - The report highlights that the increase in disposal gains does not necessarily indicate a significant increase in asset disposal scale, as market conditions and strategies vary among banks [2]. Financial Asset Disposal Gains - The contribution of AC and OCI financial asset disposal gains to revenue was 5.2%, up 2.9 percentage points from 2024, with AC asset disposal gains contributing 2.6% [2]. - Among different types of banks, rural commercial banks had the highest contribution from AC and OCI disposal gains, reaching 11.0%, an increase of 6.2 percentage points from 2024 [2]. - Specific banks such as Jiangyin Bank, Sunong Bank, and Zijin Bank had high disposal gain ratios relative to their revenue, at 28.9%, 26.7%, and 22.7% respectively [2]. OCI Floating Profit Situation - The overall OCI floating profit decreased compared to the end of the previous year, accounting for 12.6% of the estimated profit for 2025 [3]. - Major state-owned banks like CCB and ABC reported significant OCI floating profits, with balances exceeding 30 billion [3]. - The average contribution of OCI floating profits to profits for city and rural commercial banks was notably high, with Ningbo Bank's ratio reaching 35% [3][6]. Sector Trends - The banking sector is expected to benefit from expansionary policies aimed at stabilizing the economy, with a focus on real estate and consumer spending [7]. - The report suggests a focus on banks with improving fundamentals, such as Ningbo Bank, and those with dividend strategies like Jiangsu Bank and Chengdu Bank [7]. - Attention is also drawn to banks with potential convertible bond conversion expectations, including Shanghai Bank and Industrial Bank [7].