兰州银行股份有限公司 BANK OF LANZHOU CO.,LTD. 2025 年半年度报告 （股票代码：001227） 二〇二五年八月 2025 年半年度报告 兰州银行简介 兰州银行股份有限公司（以下简称"兰州银行""本行"）成立于 1997 年，是甘肃省第 一家地方法人股份制商业银行。1997 年 6 月，原兰州市 56 家城市信用社组建成立兰州 市城市合作银行，1998 年 8 月更名为兰州市商业银行，2008 年 6 月更名为兰州银行， 2022 年 1 月 17 日成功在深交所主板上市（股票代码：001227），成为甘肃省首家 A 股 上市银行。本行共有员工 4,400 余人，下辖总行营业部 1 家、分行 15 家、支行 179 家， 覆盖全省各市州，控股金融租赁公司 1 家。 本行坚守本源，坚持审慎稳健的经营理念，秉承"服务地方、服务中小、服务民 营、服务居民"的市场定位，充分发挥地方银行独特优势，筑牢业务基础，强化创新转 型，积极探索服务实体、服务中小的有效模式，已发展成为一家经营稳健、特色鲜明、 结构合理、口碑良好的现代城商行。 截至 2025 年 6 月末，兰州银行资产总额 5,097.4 ...

Market Overview - On August 27, the city commercial bank sector fell by 1.48%, with Guiyang Bank leading the decline [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Chengdu Bank closed at 18.04, up 1.01% with a trading volume of 527,700 shares and a transaction value of 958 million [1] - Guiyang Bank closed at 6.16, down 2.53% with a trading volume of 713,000 shares and a transaction value of 44.5 million [2] - Beijing Bank closed at 6.08, down 2.41% with a trading volume of 2,160,300 shares and a transaction value of 1.329 billion [2] - Jiangsu Bank had a closing price of 10.81, down 1.91% with a trading volume of 1,934,200 shares and a transaction value of 2.11 billion [2] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 911 million from institutional investors, while retail investors saw a net inflow of 502 million [2] - The table of capital flow indicates that Chongqing Bank had a net outflow of 36.1 million from institutional investors, while Chengdu Bank had a net inflow of 9.59 million [3] - The overall trend shows that institutional investors are withdrawing funds while retail investors are increasing their positions in certain banks [2][3]

Core Viewpoint - The article highlights the hidden risks in seemingly quality M&A projects, particularly focusing on the case of Huaming Equipment's sale of Guizhou Changzheng Electric Co., which is entangled in a complex web of debt and guarantees involving the Zhejiang "Guocheng system" capital [2][3][4]. Group 1: Company Actions and Financial Transactions - Huaming Equipment announced the sale of 100% equity in Guizhou Changzheng Electric for no more than 19.8564 million yuan, with Shanghai Xinjia and Industrial Co., Ltd. acquiring the rights for 1 million yuan [2]. - The acquisition of Guizhou Changzheng Electric by Huaming Equipment in 2018 was valued at 398 million yuan, but the company is now forced to divest at a significantly lower price due to undisclosed debt guarantees [3]. - The total amount of loans guaranteed by Guizhou Changzheng Electric and related enterprises reached 1.1 billion yuan, with the main orchestrators being the Guocheng system and the Wu brothers [2][4]. Group 2: Legal and Financial Implications - The case involves a lawsuit where Guizhou Changzheng Electric is a guarantor for a loan totaling over 270 million yuan, which was not disclosed during the acquisition [2][3]. - The loans from Lanzhou Bank to three shell trading companies amounted to 1.1 billion yuan, with Guizhou Changzheng Electric being one of the guarantors among 16 entities involved [3][4]. - The Guocheng system's involvement raises questions about the legitimacy of the loan transactions, as many of the companies involved share common ownership and contact information, indicating potential collusion [6][12]. Group 3: Background on Key Players - The Wu brothers, Wu Cheng and Wu Biao, control the Guocheng system, which has significant stakes in various companies, including Guocheng Mining [8][11]. - The Guocheng system's operational model relies on a cycle of borrowing, acquisition, and re-pledging assets, creating a fragile financial structure that could collapse under pressure [12]. - The Guocheng system's high leverage and reliance on market confidence pose risks, as any disruption could lead to a chain reaction affecting their financial stability [12].

Market Overview - On August 26, the city commercial bank sector declined by 1.04%, with Guiyang Bank leading the drop [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Individual Stock Performance - Guiyang Bank closed at 6.32, down 2.17%, with a trading volume of 746,000 shares and a transaction value of 472 million [2] - Jiangsu Bank closed at 11.02, down 0.45%, with a trading volume of 1.15 million shares and a transaction value of 1.27 billion [1] - Other notable declines include Ningbo Bank at 28.34 (-0.84%) and Beijing Bank at 6.23 (-1.11%) [1][2] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 191 million from main funds, while speculative funds saw a net inflow of 331 million [2] - Retail investors had a net outflow of 140 million [2] Detailed Capital Flow for Selected Banks - Jiangsu Bank had a main fund net inflow of 44.99 million, while retail investors saw a net outflow of 50.90 million [3] - Chongqing Bank experienced a main fund net inflow of 25.15 million, with a significant retail outflow of 22.28 million [3] - Guiyang Bank had a main fund net inflow of 5.25 million but a retail outflow of 31.19 million [3]

Market Performance - On August 25, the city commercial bank sector rose by 0.63% compared to the previous trading day, with Ningbo Bank leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Individual Stock Performance - Ningbo Bank (002142) closed at 28.58, with a gain of 2.36% and a trading volume of 555,800 shares, amounting to a transaction value of 1.58 billion [1] - Other notable performers included Fengyang Bank (601997) with a 1.73% increase, Zhengzhou Bank (002936) up by 1.43%, and Beijing Bank (601169) rising by 1.29% [1] - Jiangsu Bank (616009) was the only stock in the city commercial bank sector to decline, falling by 0.72% [2] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 219 million in main funds, while retail investors saw a net inflow of 264 million [2] - The capital flow for individual stocks showed that Qilu Bank (601665) had a net inflow of 77.03 million from main funds, while Beijing Bank (601169) had a net inflow of 41.70 million [3] - Conversely, several banks like Qingdao Bank (002948) and Zhengzhou Bank (002936) experienced net outflows from main and speculative funds [3]

Core Insights - As of August 21, a total of 110 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] - The stock with the longest streak of net buying is Suzhou Bank, which has seen net purchases for 14 consecutive trading days [1] - Other notable stocks with significant net buying days include ST Guangwu, Dong'e Ejiao, China Power, Huasheng Technology, Qilu Bank, Lanzhou Bank, Jiugang Hongxing, Design Institute, Nanjing Bank, and Jilin Expressway [1]

Group 1 - The core point of the announcement is the approval of independent directors' qualifications for Lanzhou Bank, specifically Mr. He Wensheng and Ms. Liu Zhijun [1][2] - The approval was granted by the Gansu Regulatory Bureau of the National Financial Supervision Administration, as indicated in the official document numbers 甘金监行许〔2025〕276号 and 甘金监行许〔2025〕275号 [1] - The resumes of the newly approved independent directors were disclosed in a previous announcement dated March 28, 2025, available on the official website [1]

何文盛先生、刘志军女士的简历详见本行 2025 年 3 月 28 日在巨潮资讯网 （http://www.cninfo.com.cn）披露的《兰州银行股份有限公司第六届董事会 2025 年第四次临时会议决议公告》（公告编号：2025-018）。 特此公告。 关于独立董事任职资格获核准的公告 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 近日，兰州银行股份有限公司（以下简称"本行"）收到《国家金融监督管理 总局甘肃监管局关于何文盛兰州银行股份有限公司独立董事任职资格的批复》 （甘金监行许〔2025〕276 号）、《国家金融监督管理总局甘肃监管局关于刘志 军兰州银行股份有限公司独立董事任职资格的批复》（甘金监行许〔2025〕275 号），已核准何文盛先生、刘志军女士本行独立董事任职资格。 证券代码：001227 证券简称：兰州银行 公告编号：2025-037 兰州银行股份有限公司 兰州银行股份有限公司董事会 2025 年 8 月 21 日 1 ...

证券之星消息，8月21日城商行板块较上一交易日上涨0.5%，青岛银行领涨。当日上证指数报收于 3771.1，上涨0.13%。深证成指报收于11919.76，下跌0.06%。城商行板块个股涨跌见下表： 从资金流向上来看，当日城商行板块主力资金净流出2.07亿元，游资资金净流入1.03亿元，散户资金净流 入1.04亿元。城商行板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601665 | 齐鲁银行 | 7859.79万 | 16.93% | -1102.35万 | -2.37% | -6757.45万 | -14.55% | | 600T00a | 南京银行 | 4698.67万 | 9.66% | -1883.84万 | -3.87% | -2814.83万 | -5.79% | | 601229 | 上海银行 | 3765.83万 | 8.27% | -856.06万 | -1.88% | ...

证券日报网讯 8月14日晚间，兰州银行发布公告称，经中国人民银行批准，本行于近日在全国银行间债 券市场成功发行了"兰州银行股份有限公司2025年科技创新债券"（简称"本期债券"）。本期债券于2025 年8月12日簿记建档，并于2025年8月14日发行完毕，发行规模为人民币20亿元，品种为5年期固定利率 债券，票面利率1.80%。 （编辑 楚丽君） ...