Group 1 - The president of CITIC Bank, Lu Wei, has resigned due to work adjustments and has been appointed as the president of Postal Savings Bank [2][3][4] - Lu Wei has served at CITIC Bank for 26 years, holding various key positions and contributing significantly to the bank's financial management, capital replenishment, and international development [3] - The board of CITIC Bank has appointed Fang Heying to assume the responsibilities of the president following Lu Wei's departure [3] Group 2 - Postal Savings Bank has announced the appointment of Lu Wei as its new president, pending approval from the National Financial Regulatory Administration [4] - Liu Jianjun, the former president of Postal Savings Bank, has resigned due to reaching the statutory retirement age [4] - For the first three quarters of 2025, Postal Savings Bank reported a revenue of 265.08 billion yuan, a year-on-year increase of 1.82%, and a net profit of 76.794 billion yuan, up 1.07% [5] - As of the end of the third quarter of 2025, Postal Savings Bank's total assets reached 18.61 trillion yuan, an increase of 8.9% from the previous year [5] - The non-performing loan ratio of Postal Savings Bank stands at 0.94%, the only major state-owned bank below 1%, although it has increased by 0.04 percentage points compared to the end of last year [5]

Group 1: Automotive Industry - The National Development and Reform Commission and the Ministry of Finance announced a policy to support vehicle scrapping and replacement starting in 2026, providing subsidies for consumers who scrap their cars and purchase new energy vehicles or fuel-efficient vehicles [1] - Consumers will receive a subsidy of 12% (up to 20,000 yuan) for purchasing new energy vehicles and 10% (up to 15,000 yuan) for purchasing fuel-efficient vehicles with an engine size of 2.0 liters or less [1] Group 2: Aviation Industry - Hainan's three major airports achieved a record annual passenger throughput of over 50 million for the first time, marking a significant milestone in the development of Hainan's aviation sector [2] - This achievement is seen as a strong impetus for the construction of an aviation hub as Hainan Free Trade Port progresses [2] Group 3: Trade and Export - The Ministry of Commerce released the list of state-owned enterprises authorized to export tungsten, antimony, and silver for the 2026-2027 period, including 15 companies for tungsten, 11 for antimony, and 44 for silver [3] Group 4: Automotive Market Share - China's share of the global automotive market reached 40% in November 2025, an increase of 1 percentage point from the previous year [4] - In 2024, China's automotive market share is projected to be 34.2%, with a rise to 35.4% in the first 11 months of 2025 [4] - BYD, Geely, and Chery are among the top 10 global automakers, with BYD ranking 6th, Geely 8th, and Chery 10th [4] Group 5: Aerospace Industry - The first aircraft of the new generation of commercial unmanned transport systems, the HH-200, was assembled and launched by Aviation Industry Corporation of China, marking a breakthrough in low-altitude logistics [5] Group 6: Banking Sector - Citic Bank announced the resignation of its Executive Director and President, Lu Wei, due to work adjustments, with Fang Heping appointed as the acting president [6] - The former Party Secretary and President of the China Industrial and Commercial Bank in Zibo, Wang Shiming, is under investigation for serious violations of discipline and law [7][8] Group 7: Market Data - The Shanghai Composite Index recorded a 10-day winning streak, with significant gains in humanoid robot concepts and other sectors, while the total market turnover exceeded 2 trillion yuan [9][10] - The financing balance of both stock exchanges increased by 8.346 billion yuan, indicating a positive trend in market liquidity [10] Group 8: Corporate Developments - Changjiang Electric Power announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 2.10 yuan per 10 shares, totaling 5.138 billion yuan [13] - Baiwei Storage plans to acquire a 0.8446% stake in Niu Xin Semiconductor for 20 million yuan, involving related party transactions [14]

Core Viewpoint - The resignation of Lu Wei, the Executive Director and President of CITIC Bank, is attributed to work adjustments, and he will take on a new role as Vice President of China Post Group and is nominated as the candidate for Executive Director of Postal Savings Bank [3][4]. Group 1: Resignation Details - Lu Wei has submitted his resignation from multiple positions including Executive Director, President, and various committee roles at CITIC Bank due to work adjustments [3]. - His resignation will not result in the board of CITIC Bank falling below the legal number of members, and the bank has ensured proper work handover [5]. Group 2: Background and Achievements - Lu Wei has served at CITIC Bank for 26 years, holding key positions in both domestic and international branches, and became President in April 2025 [4]. - During his tenure, he advanced the bank's "Five Leading" initiatives, strengthened risk compliance, and improved financial management, contributing positively to the bank's service to the real economy and overall competitiveness [4]. Group 3: Financial Performance - As of the end of the third quarter, CITIC Bank reported total assets of 98,981.28 billion, a year-on-year increase of 3.83% [5]. - The bank achieved a net profit attributable to shareholders of 53.39 billion, reflecting a year-on-year growth of 3.02%, with operating income reaching 156.60 billion [5]. - Loan balances in key sectors such as manufacturing, strategic emerging industries, and private economy showed significant growth, with increases of 15.44%, 13.14%, and 6.01% respectively compared to the previous year [5].

Macro Dynamics - The National Development and Reform Commission and the Ministry of Finance announced a policy to support the scrapping and updating of vehicles starting in 2026, providing subsidies for consumers who scrap their old cars and purchase new energy vehicles or fuel vehicles with a displacement of 2.0 liters or less. The subsidy for new energy vehicles is 12% of the purchase price (up to 20,000 yuan), while for fuel vehicles, it is 10% (up to 15,000 yuan) [2] Aviation Industry - Hainan's three major airports achieved a record annual passenger throughput of over 50 million for the first time, marking a significant milestone in the development of Hainan's aviation sector amid the accelerated construction of the Hainan Free Trade Port [3] Automotive Industry - China's share of the global automotive market reached 40% in November 2025, an increase of 1 percentage point from the previous year. The market share for 2024 is projected to be 34.2%, and for the first 11 months of 2025, it is expected to be 35.4%, reflecting a growth of 1.2 percentage points [5] Aerospace Industry - The first aircraft of China's self-developed commercial unmanned transport system, the HH-200, has been assembled and is entering the airworthiness certification stage, indicating a breakthrough in low-altitude logistics and unmanned transport technology [6] Financial Institutions - Citic Bank's Executive Director and President, Lu Wei, resigned due to work adjustments, and Fang Heping has been appointed to assume the role of President [7] - The former Party Secretary and President of the China Industrial and Commercial Bank's Zibo branch, Wang Shiming, is under investigation for serious violations of discipline and law [8] Market Data - As of December 29, the financing balance of the two markets increased by 8.346 billion yuan, with the Shanghai Stock Exchange reporting 1.273965 trillion yuan and the Shenzhen Stock Exchange 1.252865 trillion yuan [11] - The Hang Seng Technology Index rose by 1.74%, with Baidu Group increasing by nearly 9% [12] Company Dynamics - He Xiaopeng stated that true fully autonomous driving will arrive in 2026, skipping L3 and moving directly from L2 to L4, with the Ultra version of Xiaopeng's vehicles expected to achieve this capability [13] - Changjiang Electric Power announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 2.10 yuan per 10 shares, totaling 5.138 billion yuan [14] - Baiwei Storage plans to acquire 0.8446% of Niu Xin Semiconductor's shares for 20 million yuan, indicating a strategic investment in high-speed interconnect technology [15][16]

Group 1 - China Medical plans to acquire 70% equity of Zezheng Pharmaceutical for 525 million yuan to enhance its R&D capabilities in the pharmaceutical sector [1] - Hongchang Electronics has commenced production of its functional high-end copper-clad laminate electronic materials project [2] - China State Construction has secured multiple major projects totaling 32.09 billion yuan, which represents 1.5% of its audited revenue for 2024 [3] Group 2 - China Resources Double Crane has established an industrial fund with a committed investment of 83 million yuan, targeting a total fundraising goal of 500 million yuan [4] - Pinggao Electric and its subsidiaries have won state grid procurement projects worth approximately 876 million yuan, accounting for 7.06% of its 2024 revenue [5] - Dong'an Power received a government subsidy of 2.47 million yuan, with 1.47 million yuan related to assets and 1 million yuan related to income [6] Group 3 - Nantian Information has paid overdue taxes and penalties totaling 50.31 million yuan, which will impact its net profit for 2025 [7] - Erli Six has changed its investment plan to establish a wholly-owned subsidiary in Hong Kong for submarine cable business with an investment of 320 million yuan [8] - Dream Lily plans to invest 170 million yuan in an e-commerce warehouse project at its East US factory [9] Group 4 - Shen Shen Fang A's controlling shareholder has terminated the agreement to transfer 7.07% of the company's shares to Dongfang Asset, with no change in control [10] - Tianfu Culture has signed strategic cooperation framework agreements with various cultural and tourism bureaus to promote film and tourism integration [11] - Jinzi Tianzheng's chairman has resigned due to work adjustments, but will continue to fulfill his duties until a new chairman is elected [12] Group 5 - Jiangshan Oupai and its subsidiaries received government subsidies totaling 10.04 million yuan, with 7.51 million yuan related to income [13] - Ninghu Expressway plans to increase its investment in Jiangsu Danjin Expressway Co., Ltd. by 128 million yuan to support highway construction [14] - Jiangyin Bank has received approval for the qualifications of its employee director and vice president [15] Group 6 - Aoxiang Pharmaceutical has received approval for the listing application of two chemical raw materials [16] - Daye Co. has not yet commenced mass production of its robotic tendon products, with ongoing uncertainties in technology and profitability [17] - Rongsheng Environmental has proposed a cash dividend of 3.8 yuan per 10 shares, totaling approximately 97.36 million yuan [19] Group 7 - Yunyi Electric plans to invest 66 million USD in Morocco to establish a wholly-owned subsidiary and production base [20] - Derun Electronics has reached an agreement regarding the delayed payment of 100 million yuan in equity transfer funds [21] - Baihua Pharmaceutical is planning a change in control, leading to a continued suspension of its stock [22] Group 8 - CITIC Bank's executive director and president has resigned due to work adjustments [23] - Haizike's subsidiary has received acceptance for clinical trial applications for two innovative drugs [24] - Tianrun Dairy's subsidiaries received government subsidies totaling 21.53 million yuan, representing 49.32% of its net profit for 2024 [25] Group 9 - Andisou plans to issue 398 million A-shares at 7.54 yuan per share, raising a total of 3 billion yuan [26][27] - Fuda Co. has completed the transfer of its 50% stake in a joint venture, which is expected to positively impact its 2025 financial results [28] - Jianghua Micro has received environmental approval for a project to produce 37,000 tons of ultra-pure wet electronic chemicals [29] Group 10 - Nanwang Technology received a government subsidy of 10 million yuan, accounting for 0.66% of its net assets for 2024 [30] - Changgao Electric New has won state grid procurement projects totaling 161 million yuan, representing 9.14% of its 2024 revenue [31] - Huaxin Precision plans to invest up to 600 million yuan of idle funds in low-risk financial products [32] Group 11 - Fuguang Co. received a government subsidy of 1.26 million yuan for basic research projects, which is 13.27% of its net profit for 2024 [33] - Benli Technology has obtained a drug production license, which will help optimize its product structure [34] - Jintuo Co. proposed a cash dividend of 4.1 yuan per 10 shares, totaling approximately 99.48 million yuan [35] Group 12 - Kang Enbei has elected a new chairman and vice chairman during its board meeting [36] - Sanyuan Bio has completed the construction and installation of equipment for the remaining capacity of its 20,000-ton alulose project [38]

Core Viewpoint - China CITIC Bank (601998) announced a board resolution on December 30, appointing Mr. Fang Heying to perform the duties of the president [1] Group 1 - The board meeting was conducted in written form, with 8 directors participating in the voting [1] - The chairman, Fang Heying, abstained from the vote due to a conflict of interest [1] - The resolution was passed with 8 votes in favor, 0 votes against, and 0 abstentions [1]

12月26日，邮储银行发布董事会决议公告指出，该行董事会会议审议并表决通过了《关于提名芦苇先生 为中国邮政储蓄银行执行董事候选人的议案》，同意提名芦苇担任该行执行董事候选人，并同意将该议 案提交该行股东会审议；表决通过了《关于聘任芦苇先生为中国邮政储蓄银行行长的议案》，邮储银行 董事会同意聘任芦苇为该行行长，其任职资格尚待国家金融监督管理总局核准，芦苇自取得国家金融监 督管理总局任职资格核准之日起就任该行行长。 北京商报讯（记者 孟凡霞 周义力）12月30日，中信银行发布公告，该行董事会于近日收到执行董事、 行长芦苇的辞呈。芦苇因工作调整，辞去该行执行董事、行长、董事会风险管理委员会主席及委员、董 事会战略与可持续发展委员会委员职务。同日，该行发布董事会会议决议公告，会议审议通过《关于由 方合英先生代为履行行长职责的议案》。 ...

998 執行董事 方合英 （董事長） 胡罡 非執行董事 魏強 王彥康 付亞民 獨立非執行董事 廖子彬 周伯文 王化成 宋芳秀 - 1 - 董事名單及彼等角色及職能 中信銀行股份有限公司（「本行」）第七屆董事會（「董事會」）成員如下： 董事會現有五個委員會。下表提供第七屆董事會成員所屬委員會的委員資料。 | | 戰略與 可持續發展 | 風險管理 | | 關聯交易 | 提名與薪酬 | 消費者權益 | | --- | --- | --- | --- | --- | --- | --- | | 董事╱董事會委員會 | 委員會 | 委員會 | 審計委員會 | 控制委員會 | 委員會 | 保護委員會 | | 方合英 | | | | | | | | （董事長，執行董事） | C | | | | | | | 胡罡 | | | | | | | | （執行董事） | | M | | | | | | 魏強 | | | | | | | | （非執行董事） | M | | | | | | | 王彥康 | | | | | | | | （非執行董事） | | | | | | C | | 付亞民 | | | | | | | | （非執行董事 ...

Group 1 - The core viewpoint of the news is that CITIC Bank's Zhengzhou branch has launched the "Heart-to-Heart Fertilizer Scene Loan" business, which injects financial support into the agricultural industry chain through innovative financial solutions, demonstrating the bank's commitment to serving the real economy and promoting inclusive finance [1][2] - Heart-to-Heart Group is recognized as a leading enterprise in the agricultural sector, playing a crucial role in ensuring national food security and driving technological upgrades and green transformation in the fertilizer industry [1] - The bank has established a dedicated service team to address the financing challenges faced by enterprises and distributors, conducting in-depth research and creating a communication mechanism to enhance service efficiency and responsiveness [1] Group 2 - The successful launch of the "Heart-to-Heart Fertilizer Scene Loan" has effectively alleviated financing difficulties for Heart-to-Heart Group's distributors, reducing financing costs and providing solid financial support for inventory preparation and business expansion [1] - CITIC Bank's Zhengzhou branch is transitioning from a "product-driven" approach to a "scene-based ecological operation," aiming to create replicable and scalable inclusive financial service models [2] - The bank plans to seize opportunities during the peak season for agricultural inventory preparation, expanding the coverage of inclusive loans to provide more convenient and efficient financial services for the agricultural industry chain [2]

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） （股份代號：998） 董事長 中國•北京 2025年12月30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。 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 审议通过《关于由方合英先生代为履行行长职责的议案》 方合英董事长因与该项议案存在利害关系，回避表决，该议案有效表决票数 为8票。 表决结果：赞成8票 反对0票 弃权0票 特此公告。 中信银行股份有限公司董事会 证券代码：601998 ...