（股份代號：998） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產 生或 因依賴該等內容而引致的任何損失承擔任何責任。 中信銀行股份有限公司 China CITIC Bank Corporation Limited （在中華人民共和國註冊成立的股份有限公司） 於其他市場發佈的公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條刊登。 茲載列該公告（於上海證券交易所網站刊登）如下，僅供參閱。 承董事會命 中信銀行股份有限公司 方合英 董事長 中國•北京 2026年2月25日 於本公告日期，本行執行董事為方合英先生（董事長）及胡罡先生；非執行董事為魏強先生、王 彥康先生及付亞民先生；及獨立非執行董事為廖子彬先生、周伯文先生、王化成先生及宋芳秀女 士。 中信银行股份有限公司 关于变更保荐代表人的公告 本行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。 中信证券股份有限公司（以下简称中信证券）为中信银行股份有 ...

Core Insights - Banks are increasingly targeting the "red envelope" money from children, launching specialized savings and investment products to attract young customers [2][3][14] - The competition among banks for this demographic is seen as a long-term customer acquisition strategy, focusing on lifetime value and family connections [10][11] Group 1: Market Trends - Many banks have introduced children's savings products with higher interest rates compared to regular deposits, indicating a strategic move to attract young savers [7][9] - For example, banks like Huaxia Bank and Ruifeng Bank offer children's savings accounts with interest rates significantly above standard rates, such as 1.75% for a three-year term compared to 1.30% for regular deposits [7][9] - The marketing of these products is part of a broader trend where banks are recognizing the potential of the children's financial market, which is still in its early stages in China [12] Group 2: Product Offerings - Various banks have launched specific products aimed at children, such as Huaxia Bank's "Sunshine Growth Plan" and Qingxin Rural Commercial Bank's "Play with Red Envelope" campaign, which includes incentives like prize draws [5][6] - Investment products are also being marketed to children, with banks like ICBC promoting low-risk bond funds and index funds as suitable options for growing "red envelope" money [6] - The interest rates for children's savings accounts are often structured to be more attractive than those for adult accounts, serving as a "door opener" for banks to establish long-term relationships with families [9][10] Group 3: Strategic Implications - The focus on children's financial products is part of a "positioning war" among banks, aiming to secure future customers from a young age [10][11] - Banks are leveraging the family connection aspect, where serving one child can lead to the entire family's engagement with the bank's services [10][11] - The accumulation of data from young customers is seen as a foundation for future personalized services, transitioning from a "flow thinking" to a "retention thinking" approach in banking [11][12]

证券代码： 601998 证券简称：中信银行 公告编号：临 2026-004 中信银行股份有限公司 关于变更保荐代表人的公告 本行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。 中信证券股份有限公司（以下简称中信证券）为中信银行股份有限公司 （以下简称本行）向原 A 股股东配售股份项目（以下简称本次项目）的联席保 荐机构。中信证券原委派马小龙先生、胡雁女士担任本次项目的保荐代表人。 近日，本行收到中信证券通知，胡雁女士因工作变动，不再担任本次项目 的保荐代表人。为保证本次项目工作的顺利推进，中信证券现委派胡张拓先生 （简历见附件）接替胡雁女士担任本次项目的保荐代表人，本行本次项目的保 荐代表人变更为马小龙先生、胡张拓先生。 中信银行股份有限公司董事会 2026 年 2 月 25 日 1 附件： 胡张拓先生简历 胡张拓，男，保荐代表人，现任中信证券投资银行管理委员会副总裁，曾 担任中国邮政储蓄银行股份有限公司 2025 年向特定对象发行 A 股股票项目的 保荐代表人，曾参与多个保荐类业务项目，在保荐业务执业过程中严格遵守 《证券发行上 ...

Group 1 - The core announcement is that Hengyin Financial Technology Co., Ltd. won a procurement project from China CITIC Bank Tianjin Branch, with a bid amount of 2.7134 million yuan [1][2]. Group 2 - Hengyin Technology (603106.SH) reported a revenue of 437 million yuan for 2024, with a revenue growth rate of 2.53% [3]. - The net profit attributable to the parent company for 2024 was 40 million yuan, showing a significant growth rate of 119.29% [3]. - The return on equity (ROE) for the company was 3.12% in 2024 [3]. Group 3 - For the first half of 2025, the company achieved a revenue of 191 million yuan, reflecting a growth rate of 6.29% [3]. - The net profit attributable to the parent company for the first half of 2025 was 14 million yuan, with a growth rate of 139.05% [3]. Group 4 - The company operates in the information technology industry, with main product types including operating system software, electronic devices and processing, industry-specific software, and professional consulting services [3]. - The revenue composition for 2024 was as follows: cash self-service devices 55.17%, non-cash self-service devices 22.77%, equipment accessories 18.85%, and services and software 3.21% [3].

Group 1 - The article highlights the importance of financial services during the Spring Festival, emphasizing their role in enhancing consumer experience and ensuring a smooth cash flow [2][3][4] - Financial institutions, including Agricultural Bank of China and China Construction Bank, are actively implementing measures to meet the demand for new banknotes and provide tailored services for special groups, such as the elderly [3][4] - The "2026 'Happy Shopping Spring Festival' Special Activity Plan" encourages financial institutions to collaborate with key merchants to offer exclusive promotions, such as consumption red envelopes and discounts [4][5] Group 2 - The consumer market is experiencing a surge in activity during the Spring Festival, with banks like Citic Bank launching promotional activities to cater to increased demand for large purchases, such as home appliances and electronics [5][6] - Financial support is crucial for businesses during this peak season, with banks providing credit facilities to ensure adequate supply of essential goods, such as rice and cooking oil [7][8] - The article discusses how financial institutions are facilitating the upgrading of production processes for companies in the agricultural sector, ensuring they can meet high demand during the festival [8] Group 3 - The article addresses the rise in fraud cases during the Spring Festival, urging financial institutions to protect consumers while providing convenient services [9][10] - Banks are conducting educational campaigns to raise awareness about common scams and promote financial literacy among consumers, particularly targeting vulnerable groups [10][11] - The integration of traditional culture with financial education is highlighted as a strategy to enhance consumer awareness and safeguard their financial interests during the festive season [11]

Core Viewpoint - The People's Bank of China and the National Financial Regulatory Administration have conducted the 2025 assessment of systemically important banks, identifying 21 domestic banks categorized into five groups based on their systemic importance scores [1] Group 1: Assessment of Systemically Important Banks - A total of 21 domestic systemically important banks have been recognized, including 6 state-owned commercial banks, 10 joint-stock commercial banks, and 5 city commercial banks [1] - The banks are divided into five groups based on their systemic importance scores, with the first group consisting of 11 banks, the second group having 4 banks, the third group with 2 banks, the fourth group containing 4 banks, and the fifth group having no banks [1] Group 2: Breakdown of Bank Groups - The first group includes: China Minsheng Bank, China Everbright Bank, Ping An Bank, Huaxia Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, Guangfa Bank, Zheshang Bank, and Shanghai Bank [1] - The second group consists of: Industrial Bank, China CITIC Bank, Shanghai Pudong Development Bank, and China Postal Savings Bank [1] - The third group includes: Bank of Communications and China Merchants Bank [1] - The fourth group comprises: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China [1] - The fifth group currently has no banks included [1] Group 3: Future Regulatory Actions - The People's Bank of China and the National Financial Regulatory Administration will implement additional regulatory measures for systemically important banks according to the "Regulations on Additional Supervision of Systemically Important Banks (Trial)" [1] - The aim is to enhance the synergy between macro-prudential management and micro-prudential supervision, ensuring the safe and sound operation of systemically important banks [1] - This initiative is intended to better support the high-quality development of the real economy [1]

Group 1 - The Ministry of Commerce and nine other units launched the "2026 'Happy Shopping Spring Festival' Special Activity Plan," emphasizing increased financial support and collaboration between financial institutions and key merchants to promote consumer activities during the Spring Festival [1] - The National Financial Supervision Administration is guiding financial institutions to implement measures that promote consumption, focusing on four areas: reducing costs, improving services, benefiting people's livelihoods, and strengthening guarantees [1] - Several banks are actively engaging in promotional activities centered around six major consumption scenarios for the Spring Festival, offering various financial services to enhance consumer experience [1] Group 2 - China Construction Bank is organizing 15 consumer benefit activities themed around "Fortune Enjoyment," providing multiple benefits such as WeChat discounts, consumption vouchers, and digital RMB smart contract red envelopes to stimulate consumption during the Spring Festival [2] - A consumer in Tianjin reported enjoying a discount on movie tickets during the Spring Festival, with the local branch of China Construction Bank facilitating over 2,600 transactions totaling over 600,000 yuan through its promotional activities [2] - The demand for large purchases like furniture and electronics is high during the Spring Festival, with banks launching related promotional activities, such as Citic Bank's "old for new" program, which offers additional discounts on top of government subsidies [2] Group 3 - Agricultural Bank of China has partnered with e-commerce platforms like JD.com and Douyin to launch an "old for new" section, allowing customers to combine government subsidies with additional bank discounts, and offering cashback rewards for eligible purchases [3] - A report from Citic Securities highlighted three key trends in the consumption structure during the 2026 Spring Festival: increased K-shaped consumption differentiation, a focus on green, smart, health, and experiential consumption, and a surge in both large consumer goods and service consumption driven by policies like "old for new" and consumption vouchers [3]

Core Insights - 11 A-share banks reported their 2025 performance, showing an average total asset growth rate of 11.32%, with city commercial banks significantly outperforming joint-stock banks in profitability [1][12]. Group 1: Performance Overview - The average growth rate of total assets for the 11 banks was 11.32%, while the average growth rate for operating income was 3.30%, and the average growth rate for net profit attributable to shareholders was 7.83% [1][12]. - Analyst Zheng Qingming from Shenwan Hongyuan Securities predicts that listed banks will exhibit stable revenue with gradually improving profit growth, expecting a 0.9% year-on-year revenue growth and a 1.9% recovery in net profit growth for 2025 [1][13]. Group 2: Joint-Stock Banks Performance - Four joint-stock banks (Shanghai Pudong Development Bank, CITIC Bank, China Merchants Bank, and Industrial Bank) reported total assets exceeding 10 trillion yuan, with Shanghai Pudong Development Bank's total assets reaching 100,817.46 billion yuan, a 6.55% increase from 2024 [2][15]. - Shanghai Pudong Development Bank achieved the fastest net profit growth among joint-stock banks, with a net profit of 500.17 billion yuan, an increase of 10.52% year-on-year [2][15]. Group 3: City Commercial Banks Performance - City commercial banks outperformed joint-stock banks in several metrics, with an average total asset growth rate of 15.1%, operating income growth of 5.73%, and net profit growth of 11% [5][19]. - Qingdao Bank emerged as the fastest-growing bank, with total assets growing by 18.12% to 8149.60 billion yuan and net profit increasing by 21.66% [5][19]. Group 4: Asset Quality and Income - Shanghai Pudong Development Bank reported a decrease in non-performing loans and a decline in the non-performing loan ratio, indicating improved asset quality [3][16]. - Several banks, including Ningbo Bank and Nanjing Bank, reported significant increases in net interest income, with Ningbo Bank achieving a 10.77% increase to 531.61 billion yuan [10][25].

Group 1 - The core viewpoint of the article highlights the recent performance of the banking sector, with a focus on the 4Q25 regulatory data and the January 2026 financial data, indicating a 2% year-on-year increase in net profit for commercial banks and a quarterly growth rate of 12% driven by low baselines in city and rural commercial banks [1] - The net interest margin remains stable at 1.42%, with a year-on-year decline narrowing to 11 basis points [1] - Social financing in January 2026 reached a historical high of 7.22 trillion yuan, with direct financing increasing by 322.8 billion yuan year-on-year, reflecting improved demand for short-term loans from residents, indicating the effectiveness of consumption policies [1] Group 2 - Recent stock performance shows that CITIC Bank's A-shares closed at 7.34 yuan on February 13, 2026, down 0.94%, while its Hong Kong shares closed at 7.34 HKD on February 20, 2026, up 0.82% [1] - Capital flow data indicates a net inflow of 12.63 million yuan into A-shares and a total net inflow of 7.48 million HKD into Hong Kong shares on the same day [1] - Technical analysis suggests a short-term resistance level for A-shares at 7.77 yuan and a support level at 7.1 yuan, while the MACD indicator for Hong Kong shares is approaching a golden cross, with the middle band of the Bollinger Bands at 7.27 HKD providing support [1] Group 3 - Institutional views suggest that the net interest margin for banks is expected to stabilize in 2026, with a recovery in net interest income potentially driving valuation recovery, particularly for quality city commercial banks and joint-stock banks [2] - Analysts recommend focusing on banks with strong wealth management businesses, such as CITIC Bank, highlighting the dual themes of "dividend + growth" [2] - It is anticipated that the decline in net interest margin for commercial banks will further narrow in 2026, with net interest income growth potentially approaching 5% [2]

Core Insights - The mobile banking user base in China is expected to peak in 2025, shifting the industry focus from acquiring new users to enhancing existing user engagement [1] - Financial institutions must achieve extreme efficiency and precision in their ecosystems to survive in this new environment [1] Industry Overview - According to an iResearch report, joint-stock banks are adopting differentiated survival strategies, leading to significant head effects [1] - China Merchants Bank leads joint-stock banks with 71.854 million monthly active users (MAU), surpassing some state-owned banks due to its focus on wealth management and intelligent interaction [1] - Ping An Bank and CITIC Bank form the second tier, maintaining MAUs between 20 million and 30 million, with Ping An Bank leveraging AI to reconstruct service chains and CITIC Bank integrating consumer ecosystems [1] Competitive Landscape - Third-tier institutions, such as Minsheng Bank and Everbright Bank, have seen their MAUs drop to between 10 million and 20 million, indicating a tightening survival space [1] - Local banks are experiencing growth by focusing on their local markets, with city commercial banks like Jiangsu Bank and Beijing Bank maintaining MAUs above 3 million [1] - Among rural commercial banks and rural credit cooperatives, Fujian Rural Credit has surpassed 4.5 million MAUs, capturing traffic in county and rural areas [1] Challenges for Private Banks - The situation for private banks is dire, with the top 50 list for 2025 nearly extinct due to a lack of physical branches, local living ecosystems, and high customer acquisition costs, leading to a loss of competitiveness in the mobile banking sector [1] - In the era of stock competition, ecological and regional capabilities are becoming the key to success [1]