Core Points - The board of directors of Zheshang Bank held its fifth temporary meeting of the seventh session on June 20, 2025, and approved two key proposals [1][2] - The first proposal was the approval of the 2025 Internet Loan Business Development Plan, which received unanimous support from all participating directors [1] - The second proposal involved a capital increase in the affiliated company Zhejiang Zhiyin Financial Leasing Co., Ltd., which was approved with 11 votes in favor, while one related director abstained from voting [1][2] Proposal Details - The Internet Loan Business Development Plan aims to enhance the bank's strategic growth in the digital lending sector, aligning with its core business [1] - The capital increase in Zhejiang Zhiyin Financial Leasing is deemed necessary for the strategic development of Zheshang Bank and is consistent with its main business operations [2] - Independent directors confirmed that the related transaction adheres to principles of fairness and does not harm the interests of Zheshang Bank or its shareholders, particularly minority shareholders [2]

证券代码：601916 证券简称：浙商银行 公告编号：2025-036 关于拟对控股子公司增资暨关联交易的公告 浙商银行股份有限公司 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： 交易简要内容：2025 年 6 月 27 日，浙商银行股份有限公司（以下简称"本公 司"或"浙商银行"）第七届董事会 2025 年第五次临时会议审议通过了《关于本行 对浙江浙银金融租赁股份有限公司增资关联交易的议案》，同意本公司对浙江 浙银金融租赁股份有限公司（以下简称"浙银金租"）进行增资，本公司关联方 浙江省金融控股有限公司（以下简称"浙江金控"）主动放弃本次增资认购。本公 司本次拟出资最高不超过 10.2 亿元，关联董事回避表决。 本次交易事项构成关联交易，但不构成重大资产重组。 本次增资事项尚需监管部门批准，存在不确定性。 截至本公告披露日，过去 12 个月内本公司未与浙江金控进行过共同投资相关 的交易，也未与其他关联人进行过共同投资相关的交易。 一、关联交易概述 浙银金租为本公司控股子公司，本公司持股比例为 51%，浙江金 ...

证券代码：601916 证券简称：浙商银行 公告编号：2025-035 表决结果：11票赞成，0票反对，0票弃权。 涉及本议案的关联董事侯兴钏回避表决。 本议案已经公司董事会风险与关联交易控制委员会、独立董事专门会议审 议通过。 浙商银行股份有限公司 第七届董事会 2025 年第五次临时会议决议公告 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。 浙商银行股份有限公司（以下简称"本公司"或"浙商银行"）第七届董 事会 2025 年第五次临时会议于 2025 年 6 月 20 日发出会议通知，以书面传签方 式召开，表决截止日为 2025 年 6 月 27 日。本公司董事会现有董事 12 名，实际 参与书面传签表决的董事共 12 名。本次会议的召开符合法律、法规、部门规章、 其他规范性文件和《浙商银行股份有限公司章程》的规定。 会议审议通过了以下议案： 一、通过《浙商银行股份有限公司 2025 年互联网贷款业务发展规划》 表决结果：12票赞成，0票反对，0票弃权。 二、通过《关于本行对浙江浙银金融租赁股份有限公司增资关联交易的议 ...

Core Viewpoint - Zhejiang Zheshang Bank announced a capital increase for Zhejiang Zheshang Financial Leasing Co., Ltd., with a maximum investment of 1.02 billion RMB, following the decision made in the fifth temporary meeting of the seventh board of directors on June 27, 2025 [1] Group 1: Company Actions - The company approved a proposal for a capital increase in Zhejiang Zheshang Financial Leasing Co., Ltd. [1] - The related party, Zhejiang Jin Kong, voluntarily waived its subscription rights for this capital increase [1] Group 2: Financial Performance - As of the end of 2024, Zhejiang Zheshang Financial Leasing had total assets amounting to 78.327 billion RMB [1] - The company reported an operating income of 2.361 billion RMB and a net profit of 1.034 billion RMB for the year 2024 [1]

Core Viewpoint - The article emphasizes the importance of developing new productive forces and modern industrial systems in Guangdong, with a focus on integrating financial services into the manufacturing industry to support small and medium-sized enterprises [2][5]. Group 1: Financial Services Innovation - Zhejiang Commercial Bank's Guangzhou branch is innovating financial services by creating scenario-based financial models that integrate deeply into the core of the industrial chain, specifically targeting small and medium-sized enterprises [2][5]. - The bank has developed differentiated financing solutions for key industries in Guangdong, including energy, construction, automotive, telecommunications, and home appliances, to enhance the industrial ecosystem [5][6]. Group 2: Support for Technological Innovation - The bank offers specialized financial products such as "Specialized and Innovative Loans" and "Co-Investment Loans" to support technology enterprises at various stages of development, ensuring comprehensive financial services throughout their lifecycle [6][7]. - By May 2025, the bank had served over 1,800 technology finance enterprises and more than 700 specialized and innovative enterprises, providing substantial financial support for technological innovation in Guangdong [6]. Group 3: Financing for Industrial Parks - The bank has implemented a comprehensive financial service model for industrial parks, addressing the financial needs of enterprises within these parks, with over 257 small and micro parks served and a total loan amount exceeding 29.5 billion [7]. - The introduction of a digital service system has improved access to financing for small and micro enterprises, with nearly 190 million in digital loans disbursed in 2024 [7]. Group 4: Globalization Support - The bank is addressing challenges faced by Guangdong enterprises in their global expansion, such as difficulties in overseas account opening and payment efficiency, by providing innovative cross-border services [8]. - By the end of 2024, the bank's international settlement and foreign exchange transaction volumes exceeded 35.3 billion and 23.3 billion, respectively, supporting the international development of Guangdong enterprises [8].

Group 1 - The core viewpoint emphasizes the importance of technology, talent, and innovation as primary drivers for national development, with a focus on implementing strategies to attract and retain high-level talent [1] - Zhejiang Merchants Bank launched a specialized financial service brand, "Talent Bank," aimed at high-level talent in 2016, and has since evolved its service offerings to better support the lifecycle needs of talent-driven enterprises [1][2] - As of now, Zhejiang Merchants Bank has served over 4,000 high-level talents and 65 high-level talent technology enterprises, providing a total of 5.6 billion yuan in various financing, particularly supporting strategic emerging industries such as semiconductor technology and biomedicine [2] Group 2 - The Talent Bank business model shifts focus from traditional asset and revenue assessments to prioritizing the role of individuals, providing a viable financial approach for institutions to support technology-driven enterprises [2] - A notable case involves a national-level "little giant" enterprise specializing in LN single crystal film production, which has faced continuous losses despite its strategic importance in the 5G technology supply chain [3][4] - Zhejiang Merchants Bank's Jinan branch provided a comprehensive credit line of 20 million yuan to the aforementioned enterprise, recognizing the strength of its high-level talent team and their strategic vision, thereby supporting its growth despite existing financial challenges [4]

Core Points - The State Taxation Administration has announced the nationwide promotion of the "Buy and Refund" service, a facilitation measure for the departure tax refund policy aimed at foreign travelers [1] - Zhejiang Province has successfully implemented the "Buy and Refund" service across all 11 prefecture-level cities, with the first transaction completed in each city [1][2] - The service allows tax refunds to be used for "secondary consumption," effectively stimulating inbound consumer activity [1] - The ongoing optimization of the "240-hour visa-free transit" policy and other measures have led to an increase in foreign visitors choosing to travel to China [1] - The "Buy and Refund" service meets the strong demand for convenient tax refund services among foreign nationals, particularly in areas with high foreign resident populations like Qingtian, Zhejiang [1] Company Initiatives - Zhejiang Commercial Bank has assisted over 200 merchants in activating the "Buy and Refund" service, completing more than 70 transactions with a total refund amount exceeding 50,000 yuan [2] - A centralized refund point for the "Buy and Refund" service has been established in Hangzhou, allowing foreign travelers to process refunds in a one-stop manner without needing to go to the airport [3] - The bank is actively working to enhance the quality and efficiency of departure tax refund services by organizing training sessions and developing operational manuals for merchants [3] - Future plans include expanding the service to airports in Wenzhou and Yiwu, further promoting the "Buy and Refund" initiative [3]

Core Viewpoint - Zhejiang Merchants Bank Hefei Branch focuses on a people-centered development approach, implementing a "finance for good" service philosophy to address the urgent needs of the public through innovative financial services and community engagement [1] Group 1: Financial Services Optimization - The branch has launched multiple "age-friendly financial services," including dedicated service windows for the elderly, one-on-one service specialists, and home services for those with mobility issues, significantly improving service for elderly clients [2] - Service processes have been optimized with simplified account opening procedures, multilingual service personnel, and a paperless account opening initiative, enhancing the experience for foreign clients [2] - The introduction of standardized and customized "small change bag" products facilitates cash exchange for the public and merchants, reducing wait times and improving cash payment environments [2] Group 2: Community Engagement and Welfare Activities - The branch enriches financial literacy initiatives targeting key demographics such as the elderly, youth, and new citizens through community activities like dance classes and financial education [3] - Annual targeted poverty alleviation efforts are conducted in rural areas, supporting local economic development and educational initiatives through partnerships with schools [3] Group 3: Innovative Financial Products - The branch is developing a brand for science and technology financial services, offering 16 types of financial products tailored to the needs of tech enterprises, including "Talent Support Loan" and "Innovation Incentive Loan" [4] - A successful credit issuance of 3 million yuan was made to Anhui Jiansheng Biotechnology Co., Ltd. through the "Innovation Bank Loan" model, addressing the funding challenges faced by knowledge-intensive enterprises [4] - The bank aims to continue innovating service models and enhancing public welfare to improve the overall sense of gain, happiness, and security for the community [4]

Group 1 - The banking sector experienced a rebound after hitting a low, with several banks reaching historical highs [1] - Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Shanghai Pudong Development Bank, Postal Savings Bank of China, Industrial Bank, and Beijing Bank all achieved record highs [1] - Zhejiang Commercial Bank, Zijin Bank, Huaxia Bank, and Chongqing Rural Commercial Bank saw nearly a 2% increase in their stock prices [1]

Core Viewpoint - The banking industry is experiencing a significant salary reduction trend, particularly affecting high-level executives, with a notable increase in the number of banks reporting salary cuts and the extent of these reductions [2][3][5]. Group 1: Salary Reduction Trends - In 2023, 14 out of 42 listed banks in A-shares reported a decline in average salary, with the maximum drop reaching 13.59%. This number increased to 18 banks in 2024, with the maximum decline expanding to 15% [2]. - The total compensation for bank management decreased from 870 million yuan in 2023 to 700 million yuan in 2024, a drop of 19.5%. Meanwhile, the average salary for bank employees fell from 462,300 yuan to 444,900 yuan, a decrease of 2.68% [6][7]. Group 2: Executive Salary Cuts - A significant 78.5% of the management teams in listed banks saw their salaries decrease year-on-year in 2024. The average salary for executives in various banks has been notably impacted, with some banks experiencing drastic reductions [5][10]. - Specific banks like Everbright Bank and Zhejiang Commercial Bank saw executive salary reductions of 57.9% and 39.72%, respectively, indicating a trend where executive pay is being cut more severely than that of general employees [10]. Group 3: Factors Influencing Salary Changes - The primary driver of salary fluctuations in banks is the variable component of compensation, which is heavily influenced by the banks' revenue and profit conditions. The floating salary constitutes 65% of the total compensation, making it a critical factor [12][13]. - The banking sector is facing significant revenue pressures, with the average net interest margin dropping to 1.52% in 2024, a decline of 17 basis points from 2023. This has led to a 2.20% decrease in net interest income, marking two consecutive years of negative growth [14][15]. Group 4: Structural Adjustments and Policy Impacts - The banking industry is undergoing structural adjustments, with a focus on risk management and governance. Policies such as the "salary limit order" have imposed constraints on executive compensation, leading to a shift in how salaries are structured [16][17]. - The emphasis on "cost reduction and efficiency enhancement" has resulted in banks prioritizing compensation for frontline and value-creating positions, further contributing to the decline in executive salaries [18][17]. Group 5: Performance-Based Salary Recovery - The trend of "reverse salary recovery" has emerged, where banks reclaim performance bonuses from executives based on risk management failures. This practice aims to align compensation with long-term risk management rather than short-term performance [20][21]. - The total amount reclaimed through reverse salary recovery has approached 99 million yuan, indicating a significant shift in the banking industry's approach to executive compensation and risk management [20].