Core Viewpoint - Lanzhou Bank reported stable financial performance in 2024, with a slight increase in net profit and a solid asset quality, while focusing on enhancing operational efficiency and supporting local economic development [1][2][3]. Financial Performance - In 2024, Lanzhou Bank achieved total operating income of 7.854 billion yuan and net profit attributable to shareholders of 1.888 billion yuan, representing a year-on-year growth of 1.29% and 0.56% respectively [1]. - The bank's total assets reached 486.285 billion yuan, a year-on-year increase of 7.25%, with total loans and advances amounting to 245.369 billion yuan, up 3.07% [1]. - The non-performing loan ratio stood at 1.83%, with a provision coverage ratio of 201.6%, reflecting a 4.09 percentage point increase from the beginning of the year [1][3]. Market Position - Lanzhou Bank maintained a stable market share in Gansu Province, with a deposit market share of 12.30% and a loan market share of 9.95%, ranking first and second in the province respectively [2]. - The bank has over 6.75 million customers, indicating strong brand recognition and support from the local community [2]. Customer Growth - The bank expanded its customer base significantly, adding 19,200 corporate settlement clients and 1180 corporate credit clients, along with 200,300 personal asset under management clients [3]. Asset Quality - The bank's asset quality remained stable, with a non-performing loan ratio of 1.83% and a provision coverage ratio exceeding 200% for the first time [3]. Strategic Initiatives - Lanzhou Bank is focusing on four key areas: risk reduction, innovation, market expansion, and strengthening its foundation to enhance operational efficiency [2][4]. - The bank is committed to supporting the local economy through targeted lending, including a 27.45% increase in loans to high-end manufacturing [5]. Social Responsibility - The bank is actively promoting inclusive finance, with microfinance loans reaching 13.794 billion yuan and agricultural loans exceeding 20 billion yuan [6]. - Initiatives such as the "Lanzhou Women's Loan" aim to support female entrepreneurs and contribute to rural revitalization [6].

Core Insights - Lanzhou Bank reported a stable growth in asset scale and profitability for Q1 2025, with total assets exceeding 492.69 billion yuan, operating income of 2.037 billion yuan, and net profit of 572 million yuan, reflecting a year-on-year increase of 3.26% and 2.15% respectively [1] - The bank's non-performing loan ratio slightly decreased to 1.81%, and it achieved a significant increase in loan issuance, with a growth rate of 7.18%, the highest in five years [1] Financial Performance - Total assets reached 492.69 billion yuan, marking a significant milestone [1] - Operating income was 2.037 billion yuan, up 3.26% from the previous year [1] - Net profit stood at 572 million yuan, reflecting a 2.15% increase year-on-year [1] - The net interest margin improved to 1.46%, an increase of 0.03 percentage points [1] Business Development - Lanzhou Bank is focusing on financial support for technology innovation, advanced manufacturing, and green development, aligning with regional economic characteristics [2] - The bank has implemented a "容缺" acceptance mechanism for major projects and adopted a parallel processing model to enhance project approval efficiency [2] Customer Acquisition and Efficiency - The bank is expanding its corporate client base through targeted marketing strategies, including promotional activities for new registered enterprises [2] - Efforts are being made to improve online appointment services for account openings and to focus on key customer segments [2] Future Outlook - Lanzhou Bank aims to enhance quality and efficiency while adapting to changes in the operating environment, contributing to the development of the real economy and financial market stability [2]

Group 1: Economic Indicators - In the first quarter, the total profit of industrial enterprises above designated size reached 150.936 billion yuan, a year-on-year increase of 0.8% [4] - The Ministry of Commerce and six other departments announced an optimization of the departure tax refund policy, raising the cash refund limit to 20,000 yuan [4][6] Group 2: Company Earnings - Gujing Gongjiu reported a net profit of 5.517 billion yuan for 2024, a year-on-year increase of 20.22%, and proposed a dividend of 50 yuan per 10 shares [8] - Gree Electric reported a net profit of 32.185 billion yuan for 2024, a year-on-year increase of 10.91%, and proposed a dividend of 20 yuan per 10 shares [8] - Luzhou Laojiao reported a net profit of 13.473 billion yuan for 2024, a year-on-year increase of 1.71%, and proposed a dividend of 45.92 yuan per 10 shares [8] - Yake Technology reported a net profit of 872 million yuan for 2024, a year-on-year increase of 50.41%, and proposed a dividend of 2.6 yuan per 10 shares [8] - Yunda Holdings reported a net profit of 1.914 billion yuan for 2024, a year-on-year increase of 17.77%, and proposed a dividend of 2 yuan per 10 shares [8] Group 3: Significant Corporate Announcements - National City Mining reported a net profit of 612 million yuan for the first quarter of 2025, a year-on-year increase of 18,279.65%, primarily due to increased investment income from the sale of subsidiaries [9] - Zhenghe Ecology signed a strategic cooperation agreement with Yanshan (Hebei) Cultural Tourism Development Group, planning a total investment of 2 billion yuan for a tourism integration project [9] - New Life Fortune announced plans to issue shares and pay cash to acquire 100% of Guangzhou Jinnan Magnetic Materials, which is expected to constitute a major asset restructuring [9] - Chengdi Xiangjiang announced that its subsidiary won a bid for a project with a contract value of 1.632 billion yuan, with a construction period of 92 days [10]

Group 1 - Haiyuan Composite will implement delisting risk warning from April 29, 2025, with stock name changed to "*ST Haiyuan" and daily price fluctuation limit set at 5% [3] - Xinlaifu plans to acquire 100% of Jin Nan Magnetic Materials, with the transaction expected to constitute a major asset restructuring, and stock will resume trading on April 28, 2025 [4] - Hongbaoli's subsidiary successfully completed trial production of polyether technology transformation project, producing qualified products [5] - Xingguang Co. received a warning letter from Guangdong Securities Regulatory Bureau due to significant discrepancies in 2024 performance forecast and actual results [6] - Meirui New Materials' subsidiary successfully completed the production process for its polyurethane industrial park phase one project [7] Group 2 - Taigang Stainless Steel reported Q1 2025 net profit of 188 million yuan, a year-on-year increase of 5506.92%, with revenue of 23.31 billion yuan, down 4.71% [9] - Shen Shen Fang A reported Q1 2025 net profit of 72.42 million yuan, a year-on-year increase of 3718.51%, with revenue of 330 million yuan, up 457.38% [10] - Qingda Environmental reported Q1 2025 net profit of 68.71 million yuan, a year-on-year increase of 990.26%, with revenue of 619 million yuan, up 317.43% [11] - Jincai Hulin reported Q1 2025 net profit of 13.65 million yuan, a year-on-year increase of 466.95%, with revenue of 206 million yuan, down 33% [13] - New Sai Co. reported Q1 2025 net profit of 18.19 million yuan, a year-on-year increase of 315.74%, with revenue of 1.215 billion yuan, up 312.03% [14] - Kexing Pharmaceutical reported Q1 2025 net profit of 25.58 million yuan, a year-on-year increase of 106.21%, with revenue of 354 million yuan, down 1.97% [15] - Jiechang Drive reported Q1 2025 net profit of 113 million yuan, a year-on-year increase of 62.21%, with revenue of 961 million yuan, up 35.59% [16] - Taihe Co. reported Q1 2025 net profit of 78.53 million yuan, a year-on-year increase of 50.94%, with revenue of 1.033 billion yuan, up 18.5% [17] - Xiyu Co. reported Q1 2025 net profit of 499 million yuan, a year-on-year increase of 53.08%, with revenue of 9.729 billion yuan, up 15.82% [18] - Hualing Cable reported Q1 2025 net profit of 32.16 million yuan, a year-on-year increase of 55.54%, with revenue of 1.005 billion yuan, up 11.38% [19] - Dong'a Ejiao reported Q1 2025 net profit of 425 million yuan, a year-on-year increase of 20.25%, with revenue of 1.719 billion yuan, up 18.24% [20] - China Rare Earth reported Q1 2025 net profit of 72.62 million yuan, turning from loss to profit, with revenue of 728 million yuan, up 141.32% [21] - Gree Electric reported 2024 net profit of 32.185 billion yuan, a year-on-year increase of 10.91%, with revenue of 189.164 billion yuan, down 7.26% [22] - Luzhou Laojiao reported 2024 net profit of 13.473 billion yuan, a year-on-year increase of 1.71%, with revenue of 31.196 billion yuan, up 3.19% [24] - Yake Technology reported 2024 net profit of 872 million yuan, a year-on-year increase of 50.41%, with revenue of 6.862 billion yuan, up 44.84% [25] - Gujing Gongjiu reported 2024 net profit of 5.517 billion yuan, a year-on-year increase of 20.22%, with revenue of 23.578 billion yuan, up 16.41% [26] - Lanzhou Bank reported 2024 net profit of 1.888 billion yuan, a year-on-year increase of 1.29%, with revenue of 7.854 billion yuan, down 2.02% [27] - China Power Construction reported 2024 net profit of 12.015 billion yuan, a year-on-year decrease of 7.21%, with revenue of 633.685 billion yuan, up 4.07% [28] - China Communications Construction reported Q1 2025 net profit of 5.467 billion yuan, a year-on-year decrease of 10.98%, with revenue of 154.644 billion yuan, down 12.58% [29] Group 3 - Koweil plans to reduce its shareholding by up to 3.21% [31] - Nanya New Materials plans to reduce its repurchased shares by up to 238,480 shares, accounting for 1% of total shares [32] - Xiangsheng Medical's shareholders plan to reduce their holdings by up to 1.72% [33] Group 4 - Zhenhua Heavy Industry plans to repurchase shares worth 50 million to 100 million yuan [35] - Deep Keda plans to acquire 16.92% of the equity of its subsidiary Xianma Technology for 47.376 million yuan [37] - Jinchengxin signed a mining production contract with Western Mining, with an estimated contract value of approximately 377 million yuan [38]

兰州银行股份有限公司 内控审计报告 大信审字[2025]第 9-00416 号 大信会计师事务所(特殊普通合伙) WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn】 0春路1号 1 22 月 2206 WUYIGE Certified Public Accountants I I F Room 2206 22/F. Xuevuan International Tower No.1 Zhichun Road, Haidian Dist Beijing. China. 100083 内部控制审计报告 大信审字[2025]第 9-00416 号 兰州银行股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我们审计了兰州 银行股份有限公司(以下简称兰州银行)2024年12月31日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制评价指引》的 规定,建立健全和有效实施内部控制, ...

UK 4 100083 WUYIGE Certified Public Accountants II P 春路 1 号 15/F, Xueyuan International Tower No. 1 Zhichun Road, Haidian Dist. Beijing, China, 100083 大信会计师事务所(特殊普通合伙) WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn) 兰州银行股份有限公司 控股股东及其他关联方占用 资金情况审核报告 大信专审字[2025]第 9-00020 号 Kk til- Infornot. +86 (10) 82327668 www.daxincna.com_cn 控股股东及其他关联方占用资金情况审核报告 大信专审字[2025]第 9-00020 号 兰州银行股份有限公司全体股东: 我们接受委托,审计了兰州银行股份有限公司(以下简称"兰州银行")的财务报表,包 括 2024 年 12 月 31 日的合并及银行资产负债表,2024 年度的合 ...

兰州银行股份有限公司 审 计 报 告 大信审字[2025]第 9-00378 号 大信会计师事务所(特殊普通合伙)_ WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://zfc.gzf.gov.cn）"划行 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://z 报告编码:京26YX0NG8R 22 层 2206 WUYIGE Certified Public Accountants.LLP Room 2206 22/F Xuevuan International Tower No.1 Zhichun Road,Haidian Dist. Beijing, China, 100083 审计报告 大信审字[2025]第 9-00378 号 兰州银行股份有限公司全体股东: 一、审计意见 我们审计了兰州银行股份有限公司(以下简称"兰州银行")财务报表,包括 2024 年 12 月 31 日的合并及银行资产负债表,2024年度的合并及银行利润表、合并及银行现金流量表、 合并及银行股东权益变动表,以 ...

中信建投证券股份有限公司关于兰州银行股份有限公司 2024 年关联交易执行情况的核查意见 二、兰州银行 2024 年日常关联交易执行情况 （一）授信类关联交易情况 截至 2024 年末，兰州银行对所有关联方授信余额 171.03 亿元，兰州银行与 全部关联方授信类关联交易情况如下： | 序号 | 关联方 | 关联交易类 | 预计额度（亿 | 2024 年交易 | | --- | --- | --- | --- | --- | | | | 型 | 元） | 余额（亿元） | | 1 | 甘肃盛达集团有限公司及其关联 | 贷款、银承 | 30.00 | 29.63 | | | 企业 | | | | | 2 | 兰州国资投资（控股）建设集团有 限公司及其关联企业 | 贷款 | 25.00 | 24.30 | | | 甘肃省国有资产投资集团有限公 | | | | | 3 | 司及其关联企业 | 贷款、债券 | 27.50 | 21.45 | | 4 | 华邦控股集团有限公司及其关联 | 贷款、保函 | 20.51 | 20.49 | 1 | 序号 | 关联方 | 关联交易类 | 预计额度（亿 | 2024 年交易 | ...

中信建投证券股份有限公司 关于兰州银行股份有限公司首次公开发行股票并上市 保荐总结报告书 3、主要办公地址：北京市朝阳区景辉街 16 号院 1 号楼泰康集团大厦 11 层 4、法定代表人：刘成 5、保荐代表人：曾琨杰、田斌 中信建投证券股份有限公司（以下简称"中信建投证券"）作为兰州银行股 份有限公司（以下简称"兰州银行"或"公司"）首次公开发行股票并上市的保 荐机构，履行持续督导职责期限至 2024 年 12 月 31 日。目前，兰州银行首次公 开发行股票并上市项目持续督导期已经届满，中信建投证券根据《证券发行上市 保荐业务管理办法》《深圳证券交易所上市公司自律监管指引第 13 号——保荐业 务》等法规和规范性文件的相关规定，出具本保荐总结报告书。 一、保荐机构及保荐代表人承诺 1、保荐总结报告书和证明文件及其相关资料的内容不存在虚假记载、误导 性陈述或重大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担法 律责任。 2、本机构及本人自愿接受中国证监会对保荐总结报告书相关事项进行的任 何质询和调查。 3、本机构及本人自愿接受中国证监会按照《证券发行上市保荐业务管理办 法》的有关规定采取的监管措施。 ...

中信建投证券股份有限公司关于 兰州银行股份有限公司 2024 年度保荐工作报告 | 保荐人名称：中信建投证券股份有限公司 | 上市公司简称：兰州银行 | | --- | --- | | 保荐代表人姓名：曾琨杰 | 联系电话：010-85130366 | | 保荐代表人姓名：田 斌 | 联系电话：010-65608434 | 一、保荐工作概述 | 项 目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2．督导公司建立健全并有效执行规章制度的情 | | | 况 | | | （1）是否督导公司建立健全规章制度（包括但 不限于防止关联方占用公司资源的制度、募集 | | | | 是 | | 资金管理制度、内控制度、内部审计制度、关 | | | 联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 次，资金使用完毕 0 | | （2）公司募集资金项目进展是否与信息披露文 | 是 | ...