贵阳银行股份有限公司 2024年年度股东大会会议材料 （股票代码：601997） 2025年5月19日 贵阳银行股份有限公司 2024 年年度股东大会 会议时间：2025 年 5 月 19 日 上午 9:30 会议地点：贵州省贵阳市观山湖区长岭北路中天•会展城 B 区金融商务 区东区 1-6 栋贵阳银行总行 401 会议室 文件目录 | 会议议程 | | | | I | | --- | --- | --- | --- | --- | | 会议须知 | | | | II | | 议案 | 1 关于贵阳银行股份有限公司第六届董事会 2024 年度工作报告的议案 | | | 1 | | 议案 | 2 关于贵阳银行股份有限公司第六届监事会 2024 年度工作报告的议案 | | | 13 | | 议案 | 3 关于贵阳银行股份有限公司 年度财务决算暨 2025 年度财务预算方案的议案 | 2024 | | 19 | | 议案 | 4 关于贵阳银行股份有限公司 年度利润分配方案的议案 | 2024 | | 23 | | 议案 | 5 关于审议《贵阳银行股份有限公司 2024 年度关联交易专项报告》的议案 | | | 25 ...

Core Viewpoint - Guiyang Bank reported a decline in both operating income and net profit for the year 2024, indicating challenges in its financial performance compared to previous years [2][3]. Financial Performance - In 2024, Guiyang Bank achieved operating income of 14.93 billion yuan, a decrease of 1.09% year-on-year from 15.10 billion yuan in 2023 [3]. - The net profit attributable to shareholders was 5.16 billion yuan, down 7.16% from 5.56 billion yuan in the previous year [3]. - The bank's operating profit fell to 5.42 billion yuan, reflecting an 8.98% decline compared to 5.96 billion yuan in 2023 [3]. - Total profit for the year was 5.43 billion yuan, a decrease of 9.27% from 5.99 billion yuan in 2023 [3]. - For Q1 2025, the bank reported operating income of 3.03 billion yuan, a significant drop of 16.91% year-on-year, and a net profit of 1.44 billion yuan, down 6.82% [2][3]. Asset and Loan Growth - As of the end of 2024, Guiyang Bank's total assets reached 705.67 billion yuan, an increase of 17.60 billion yuan or 2.56% from the beginning of the year [4]. - The total loan amount was 339.14 billion yuan, up 15.10 billion yuan or 4.66% year-on-year [4]. - Total deposits increased to 419.21 billion yuan, reflecting a growth of 18.99 billion yuan or 4.74% from the start of the year [4]. - The non-performing loan ratio stood at 1.58%, a slight decrease of 0.01 percentage points from the beginning of the year [4]. Investment and Risk Management - Financial investments amounted to 287.71 billion yuan, an increase of 18.21 billion yuan or 6.76% year-on-year [4]. - The bank's debt investment decreased by 7.84 billion yuan to 131.80 billion yuan, a decline of 5.62% compared to the previous year, primarily due to a reduction in non-standard asset scale [4]. - Provisions for debt investment impairment increased by 1.72 billion yuan, indicating a deterioration in the risk quality of existing non-performing assets [4]. Customer Complaints - In 2024, Guiyang Bank received a total of 3,882 customer complaints, a reduction of 915 complaints or 19.07% compared to 2023 [5]. - Complaints related to card services accounted for 2,380 cases, representing 61.28% of total complaints, with a year-on-year decrease of 21.4% [5]. - Complaints regarding intermediary services and loan services also saw significant reductions, with decreases of 35.59% and 14.25% respectively [5].

Investment Rating - The report indicates a cautious outlook for the banking sector, with expectations of continued narrowing of interest margin declines due to improved cost management on the liability side [5]. Core Insights - The overall revenue and profit growth rates for listed banks in Q1 2025 were -1.7% and -1.2%, respectively, showing a widening decline compared to 2024 [4]. - Net interest income decreased by 1.7% year-on-year, influenced by factors such as loan repricing and lower new loan rates, but the decline in interest margins is expected to continue to narrow [4][5]. - The overall asset quality remains stable, with a non-performing loan ratio of 1.23% and a provision coverage ratio of 238% [4]. Summary by Sections 1. Performance Overview - Listed banks' overall revenue and profit growth rates for Q1 2025 were -1.7% and -1.2%, respectively, with declines expanding by 1.8 percentage points and 3.5 percentage points compared to 2024 [4]. - The net interest income saw a year-on-year decline of 1.7%, attributed to factors like loan repricing and intensified competition [4]. 2. Revenue Breakdown - Fee and commission income for listed banks decreased by 0.7% year-on-year, with the decline rate narrowing by 8.7 percentage points compared to 2024 [4]. - Other non-interest income fell by 3.2% year-on-year, primarily due to significant fluctuations in the bond market affecting fair value changes [4]. 3. Asset Quality - The non-performing loan ratio stood at 1.23%, slightly down by 1 basis point from the end of Q4 2024, while the provision coverage ratio was 238%, showing a slight decrease of 2 percentage points from the previous year [4]. 4. Future Outlook - The narrowing trend in interest margin declines is expected to continue, supported by improved management of liability costs and stable asset quality [5]. - The report anticipates that the overall profit growth for the year will maintain a trend of quarterly improvement [5].

Core Insights - In the first quarter of 2025, 14 out of 17 A-share listed city commercial banks reported positive revenue growth, with an average growth rate of 2.96%, a decline from 5.61% in the same period last year [1][3][6] - The net profit for 14 banks also showed positive growth, averaging 5.49%, down from 7.05% year-on-year [1][6][7] - The asset scale of A-share listed city commercial banks increased by 6.53% compared to the end of the previous year, up from 4.65% year-on-year [2][9] Revenue Performance - Qingdao Bank led the revenue growth with a year-on-year increase of 9.69%, followed by Xi'an Bank (8.14%), Nanjing Bank (6.53%), and Jiangsu Bank (6.21%) [3][5] - Three banks reported negative revenue growth: Beijing Bank (-3.18%), Guiyang Bank (-16.91%), and Xiamen Bank (-18.42%) [4][5] - Jiangsu Bank achieved the highest revenue among the listed banks, totaling 22.304 billion yuan, while Xiamen Bank had the lowest at 1.214 billion yuan [4][5] Net Profit Performance - Hangzhou Bank led in net profit growth with a 17.3% increase, followed by Qilu Bank (16.47%) and Qingdao Bank (16.42%) [7][8] - Negative net profit growth was reported by Beijing Bank (-2.44%), Guiyang Bank (-6.82%), and Xiamen Bank (-14.21%) [7][8] - Jiangsu Bank reported the highest net profit at 9.78 billion yuan, while Xiamen Bank had the lowest at 0.645 billion yuan [7][8] Asset Scale and Quality - As of March 31, 2025, eight A-share listed city commercial banks had asset scales exceeding 1 trillion yuan, with Beijing Bank and Jiangsu Bank surpassing 4 trillion yuan [9][10] - The overall asset quality showed improvement, with seven banks reporting non-performing loan ratios below 1%, the lowest being Chengdu Bank at 0.66% [11][12]

Core Viewpoint - Guiyang Bank reported a decline in revenue and net profit for the first quarter of 2025, while experiencing a significant increase in cash flow from operating activities [2][3]. Financial Performance - The total operating revenue for Q1 2025 was 3.03 billion yuan, a decrease of 16.91% year-on-year [2][3]. - The net profit attributable to shareholders was 1.44 billion yuan, down 6.82% compared to the same period last year [2][3]. - The net profit after deducting non-recurring gains and losses was 1.44 billion yuan, a decline of 5.48% year-on-year [2][3]. - The net cash flow from operating activities reached 30.32 billion yuan, an increase of 59.10% year-on-year [2][20]. - Basic earnings per share were 0.39 yuan, with a weighted average return on equity of 2.33%, down 0.36 percentage points year-on-year [2][18]. Asset and Liability Changes - As of March 31, 2025, total assets amounted to 745.01 billion yuan, an increase from 705.67 billion yuan at the end of the previous year [3][23]. - Loans and advances increased by 1.88%, while the proportion of total assets decreased by 1.62 percentage points [23]. - Financial assets purchased under resale agreements rose by 53.05%, increasing their proportion of total assets by 0.78 percentage points [23]. - The amount of repurchased financial assets increased by 227.45%, raising its proportion of total assets by 2.34 percentage points [26]. - Customer deposits and interbank deposits increased by 4.29%, with a decrease in their proportion of total assets by 0.77 percentage points [26]. Shareholder Structure - As of the end of Q1 2025, the largest shareholder was Guiyang State-owned Assets Investment Management Company, holding 12.82% of the shares [28].

Core Insights - Financial investment business is evolving from traditional tools to a new revenue engine for listed banks amid narrowing net interest margins and sluggish profit growth [2][3] - Bond investments are showing strong yield elasticity during the market interest rate decline in 2024, effectively cushioning the impact of declining net interest income on financial statements [2][3] Group 1: Financial Performance - In 2024, 42 listed A-share banks reported a total net profit of 2.14 trillion yuan, averaging daily earnings of approximately 58.58 billion yuan [3] - The total financial investment amount reached 91.41 trillion yuan, generating 512.8 billion yuan in investment income, with over 90% of banks achieving year-on-year positive growth in investment income [3][4] - Among these banks, 37 reported positive growth in investment income, with five small and medium-sized banks achieving over 100% year-on-year growth [3][4] Group 2: Investment Trends - The average proportion of investment income to total revenue for the 42 listed banks increased to 15.61% in 2024, up from 12.33% in 2023 [4] - Nine banks had investment income accounting for over 20% of their revenue, all of which were small and medium-sized banks [4] - Jiangsu Bank, Ningbo Bank, Nanjing Bank, and Beijing Bank reported investment income exceeding 10 billion yuan in 2024 [5] Group 3: Market Dynamics - The preference for bond investments among small and medium-sized banks is attributed to narrowing net interest margins and increased competition [6][7] - The bond market has become a significant source of income for banks, especially for rural commercial banks, which have become active participants in the bond market [6][7] - The overall bond yield trend in 2024 was downward, with the 10-year government bond yield decreasing to 1.68% by December 31, creating favorable conditions for bond investment income growth [7][8] Group 4: Future Outlook - Many banks maintain an optimistic outlook on bond investments for 2025, anticipating continued opportunities in the bond market due to expected fluctuations in bond rates [8]

Core Viewpoint - Guizhou's listed companies have demonstrated strong resilience and potential, achieving significant growth in key financial metrics despite external pressures and complex market conditions, showcasing a positive outlook for the region's economic development [1][8]. Group 1: Revenue Growth - In 2024, the total operating revenue of 35 listed companies in Guizhou reached CNY 338.44 billion, marking a year-on-year increase of 5.01%, which is significantly higher than the average growth rate of 5402 A-share companies [2]. - A total of 31 listed companies in Guizhou reported operating revenues exceeding CNY 1 billion, with notable performances from Kweichow Moutai approaching CNY 200 billion and Zhongwei Co. surpassing CNY 40 billion [3]. - Companies such as Chuanheng Co. and Guizhou Sanli achieved revenue growth rates exceeding 30%, while eight companies have maintained positive revenue growth for three consecutive years, including Kweichow Moutai [5]. Group 2: Profit Growth - Guizhou's listed companies achieved a total profit of CNY 128.56 billion in 2024, reflecting a year-on-year increase of 9.21%, with the growth rate ranking fifth nationally and second in the western region [8]. - 25 listed companies reported profits, with 20 companies exceeding CNY 10 million in total profit, and several companies, including Kweichow Moutai and Guizhou Bank, leading in profit scale [13]. Group 3: R&D Investment - In 2024, Guizhou's listed companies increased their R&D spending to CNY 5.678 billion, a year-on-year increase of 3.89%, surpassing the national average by 0.8 percentage points [15]. - Among the 33 companies disclosing R&D data, 14 companies invested over CNY 100 million, with Zhongwei Co. leading at CNY 1.109 billion, ranking 12th among all listed companies in the western region [15]. Group 4: Cash Dividends - In 2024, Guizhou's listed companies announced a total cash dividend of CNY 68.361 billion, achieving a historical high in both scale and frequency, with 35 dividend distributions planned [16]. - The cash dividend scale ranked ninth nationally and first in the western region, indicating a strong trend of stability and predictability in dividend payments [16]. Group 5: Share Buybacks - Since 2024, 17 listed companies in Guizhou have actively engaged in share buybacks, with a total investment of CNY 3.244 billion, ranking second in the western region [17]. - Companies like Kweichow Moutai and Guizhou Tire have utilized various financing methods to support their buyback initiatives, reflecting confidence in their own and the broader capital market's future [17].

Core Viewpoint - Guiyang Bank has demonstrated stable performance in 2024, achieving significant growth in total assets, operating income, and net profit while maintaining a low non-performing loan ratio, positioning itself as a key financial institution in Guizhou province [1][2][5]. Financial Performance - As of the end of 2024, Guiyang Bank's total assets reached 705.67 billion yuan, an increase of 17.6 billion yuan from the beginning of the year [2]. - The bank's operating income for the year was 14.931 billion yuan, with a net profit attributable to shareholders of 5.164 billion yuan [1][5]. - The non-performing loan ratio stood at 1.58%, slightly down from 1.59% at the beginning of the year [3]. Asset Quality and Structure - The loan total reached 339.14 billion yuan, up by 15.1 billion yuan, while deposits totaled 419.21 billion yuan, increasing by 18.99 billion yuan [2]. - The proportion of loans to total assets increased by 0.97 percentage points compared to the previous year, indicating an improvement in asset structure [2]. - The bank's provision coverage ratio was 257.07%, and the capital adequacy ratio was 15.20%, both meeting regulatory requirements [3]. Strategic Focus - Guiyang Bank aims to support local economic development by aligning with provincial and municipal strategic initiatives, focusing on key sectors such as new industrialization, urbanization, agricultural modernization, and tourism [4][5]. - The bank has established a comprehensive management system to enhance its operational efficiency and customer service [1][4]. Specialized Financial Services - The bank has actively developed its technology finance, green finance, inclusive finance, pension finance, and digital finance sectors, in line with national financial strategies [7][10]. - By the end of 2024, the bank's loans to technology enterprises amounted to 14.411 billion yuan, with significant support for small and micro enterprises [8][9]. Community Engagement and Support - Guiyang Bank has expanded its outreach to rural and urban residents, ensuring comprehensive coverage across Guizhou province, which has strengthened its competitive advantage [3]. - The bank has implemented various initiatives to support the elderly population, including financial education programs and tailored financial products [9].

Core Viewpoint - The company reported its financial performance for the first quarter of 2025, highlighting a decrease in revenue and net profit compared to the previous year, while maintaining a strong capital adequacy ratio and asset quality [14][15]. Financial Data Summary - Total assets reached 745.007 billion RMB, an increase of 39.338 billion RMB or 5.57% from the beginning of the year [14]. - Total loans amounted to 344.027 billion RMB, up by 4.885 billion RMB or 1.44% [14]. - Total deposits were 435.614 billion RMB, increasing by 16.406 billion RMB or 3.91% [14]. - Net profit attributable to shareholders was 1.443 billion RMB, a decrease of 6.82% year-on-year [15]. - Basic earnings per share were 0.39 RMB, with a weighted average return on equity of 9.32% (annualized) [15]. Regulatory Indicators - The non-performing loan ratio was 1.66%, up by 0.08 percentage points from the beginning of the year [15]. - The provision coverage ratio stood at 236.54%, and the loan-to-deposit ratio was 3.93% [15]. - Capital adequacy ratio was 14.86%, with a Tier 1 capital ratio of 13.67% and a core Tier 1 capital ratio of 12.64%, all meeting regulatory requirements [15]. Shareholder Information - As of the reporting period, 484,717,252 shares were pledged, accounting for 13.26% of the total issued ordinary shares [13]. - 17,545,080 shares were subject to judicial freeze, representing 0.48% of the total issued ordinary shares [13]. Major Events - The company held its sixth board meeting on April 28, 2025, where several key reports and proposals were approved, including the first quarter report for 2025 [19][20]. - The board approved the 2024 annual profit distribution plan, proposing a cash dividend of 2.9 RMB per 10 shares, totaling approximately 1.060 billion RMB [25][26]. Daily Related Transactions - The board approved the expected amount for daily related transactions for 2025, which will be submitted for shareholder approval [58][60]. - The transactions are considered normal business operations and are expected to have no significant impact on the company's ongoing operations or financial status [60][73].

贵阳银行股份有限公司董事会审计委员会 2024 年度 对会计师事务所履行监督职责情况报告 根据《国有企业、上市公司选聘会计师事务所管理办法》《上海 证券交易所上市公司自律监管指引第 1 号——规范运作》及《贵阳银 行股份有限公司章程》等规定，贵阳银行股份有限公司（以下简称本 行）董事会审计委员会对会计师事务所履行监督职责，具体情况如下： 一、提议续聘 2024 年度会计师事务所 2 本行董事会审计委员会遵循相关法律法规和监管要求，对拟聘任 会计师事务所的基本信息、人员信息、业务规模、投资者保护能力、 独立性和诚信记录、审计服务情况等进行了解和审查，对拟聘任会计 师事务所的审计费用及聘用条款进行了审核，审议通过了《关于贵阳 银行股份有限公司续聘 2024 年度会计师事务所的议案》，提议续聘 安永华明会计师事务所（特殊普通合伙）（以下简称安永华明）作为 2024 年度财务审计及内控审计机构，并同意将该议案提交本行董事 会审议。 二、与会计师事务所审计沟通 本行董事会审计委员会适时了解外部审计工作开展情况，与安永 华明进行了充分、必要的沟通，督促安永华明诚实守信、勤勉尽责， 严格遵守业务规则和行业自律规范，严格执行 ...