1. Report Industry Investment Rating No information about the report industry investment rating is provided in the given content. 2. Core Viewpoints of the Report - External environment factors such as interest rate fluctuations, bond supply - demand, and policy orientation jointly impact bond investment returns. In H1 2025, the bond investment of 42 listed banks showed certain characteristics in scale, structure, and profit and loss, but there are still challenges in maintaining stable returns in the future [1]. - The overall bond investment scale of 42 listed banks expanded steadily in H1 2025. There were differences in the investment structure among different types of banks, with state - owned banks and city commercial banks having stable growth in the bond allocation portfolio, while joint - stock banks and rural commercial banks increased their efforts in the bond trading portfolio. The bond investment portfolio generally presented a pattern of "stable foundation and flexible gain" [1]. - The coupon income of 42 listed banks was generally stable in H1 2025 but showed a slight year - on - year decline. The fair value change loss was significant, and the investment income increased. However, the bond investment of the banking industry still faces pressure to maintain stable returns [1]. 3. Summary According to the Table of Contents 3.1 42 Listed Banks' Bond Investment Volume - **Overall Bond Investment Scale: Steady Expansion**: In H1 2025, the total scale of the three types of bond - type financial assets of 42 listed banks showed a steady expansion trend. The growth of debt investment - type financial assets measured at amortized cost was relatively slow, while the growth of trading financial assets measured at fair value and included in current profits and losses was relatively large, indicating that banks increased the proportion of trading positions [9]. - **Differentiated Bond Investment Distribution Structures among Different Bank Types**: In H1 2025, state - owned banks and city commercial banks showed stable growth in the bond allocation portfolio, which may be related to their participation in the primary - market issuance of important national and regional bond varieties. Joint - stock banks and rural commercial banks slightly weakened their bond allocation power but significantly increased their efforts in the bond trading portfolio, showing a differentiated feature of "stable allocation by large banks and prominent trading flexibility by small and medium - sized banks" [13]. - **Bond Investment Allocation Tilted towards Government - Related Bonds**: In H1 2025, commercial banks increased their allocation of government - related bonds, with an average month - on - month increase of about 10% for state - owned banks, joint - stock banks, and city commercial banks, and a slightly smaller increase for rural commercial banks. The allocation of financial bonds and other bonds was differentiated. All banks held a relatively large scale of government - related bonds, followed by financial bonds and credit - related bonds [18]. - **Correlation between Financial Asset Types and Bond Variety Structures**: The banking industry maintained a stable growth of interest - rate bonds in the bond allocation portfolio and increased the allocation of credit bonds, while the allocation of financial bonds was relatively weak. In the bond trading portfolio, interest - rate bonds and financial bonds were the core varieties, with a more significant increase than credit bonds, showing a "stable foundation and flexible gain" pattern [22]. 3.2 42 Listed Banks' Bond Investment Profit and Loss - **Coupon Income: Generally Stable and Still the Main Source of Income**: In H1 2025, the total coupon income of 42 listed banks decreased slightly year - on - year. Although the scale of held - to - maturity bonds increased, the decline in the coupon rate of newly issued bonds led to a decrease in coupon income. In the future, coupon income is still expected to be the main source of bond investment income for commercial banks [26]. - **Fair Value Change Loss: Losses in the Trading Level**: In H1 2025, the total fair value change loss of 42 listed banks decreased significantly year - on - year, indicating that it was difficult to obtain capital gains through short - term trading in the volatile bond market, and there were floating losses in bond trading [28]. - **Investment Income: Growth in All Bank Types**: In H1 2025, the actual investment income of 42 listed banks in the bond field increased significantly year - on - year. Although the book value appreciation of bond - type trading financial assets and other debt investment - type financial assets was not as good as that of the previous year, banks could still increase their investment income by selling floating - profit old bonds and waiting for the maturity of high - coupon bonds [31]. 3.3 Attribution and Summary - **External Environment Driving Factors: Interest Rate Fluctuations, Bond Supply - Demand, and Policy Orientation Jointly Impact Bond Investment Returns**: In H1 2025, the "more adjustments and fewer opportunities" bond market environment led to a general decline in the prices of existing bonds, resulting in a significant year - on - year decline in the fair value change loss of listed banks' bond investment. The supply of national bonds, local government bonds, and policy - based financial bonds increased, but the coupon rate of newly issued bonds decreased, leading to a decline in coupon income. Regulatory policies indirectly affected bond investment performance [35]. - **Banking Industry's Bond Investment Pressure and Future Outlook** - Overall Income Shows a Positive Trend but There Are Still Hidden Concerns: In H1 2025, the actual bond investment income of 42 listed banks increased slightly year - on - year, but the coupon income faced downward pressure in the interest - rate downward cycle, and it was more difficult to obtain spread income through band trading. Since H2 2025, the "stock - strong and bond - weak" pattern has emerged, and the loss caused by fair value change will be more obvious [3]. - Different Bank Types Show Differentiated Performance, and State - owned Banks' Pressure Is Relatively Controllable: State - owned banks can maintain a certain profit - making ability in the low - interest - rate volatile bond market due to their advantages in bond allocation and trading portfolios. Joint - stock banks, city commercial banks, and rural commercial banks are more vulnerable, and they may increase their capital allocation in the equity market, commodity market, and related structured fixed - income products in the future [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：001227 证券简称：兰州银行 公告编号：2025-043 兰州银行股份有限公司 首次公开发行前已发行股份上市流通提示性公告 首次公开发行前，本行总股本5,126,127,451股，发行后本行总股本5,695,697,168股，包括有限售条件流 通股5,126,127,451股，无限售条件流通股569,569,717股。目前尚未解除限售的股份数量为1,482,931,751 股。 本次上市流通的限售股为本行首次公开发行前已发行但未办理股权托管确权手续的部分股份，由白楠萍 等19户股东所持有，现已完成确权，并已在中国证券登记结算有限责任公司深圳分公司进行登记。该部 分限售股共计983,817股，占本行总股本的0.0173%，锁定期为自本行股票在深圳证券交易所上市交易之 日起12个月，该部分限售股已于2023年1月17日锁定期届满，将于2025年9月30日上市流通。 （二）本行上市后股份总额变动情况 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。 特别提示： 1.本次限售股上市流通数量为983,817股，占本 ...

证券日报网讯9月26日晚间，兰州银行（001227）发布公告称，本次限售股上市流通数量为983，817 股，占本行总股本的0.0173%。本次限售股上市流通日期为2025年9月30日(星期二)。 ...

1.本次限售股上市流通数量为983,817股，占本行总股本的0.0173%。 2.本次限售股上市流通日期为2025年9月30日（星期二）。 证券代码：001227 证券简称：兰州银行 公告编号：2025-043 兰州银行股份有限公司 首次公开发行前已发行股份上市流通提示性公告 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。 特别提示： 一、首次公开发行前已发行股份概况 （一）首次公开发行情况 经中国证券监督管理委员会《关于核准兰州银行股份有限公司首次公开发行 股票的批复》（证监许可〔2021〕3831号）核准，兰州银行股份有限公司（以下 简称"本行"）向社会公开发行人民币普通股569,569,717股。经深圳证券交易所《关 于兰州银行股份有限公司人民币普通股股票上市的通知》（深证上〔2022〕48 号）同意，本行于2022年1月17日在深圳证券交易所主板挂牌上市。 首次公开发行前，本行总股本 5,126,127,451 股，发行后本行总股本 5,695,697,168 股，包括有限售条件流通股 5,126,127,451 股，无限售条件流通股 569,569,71 ...

中信建投证券股份有限公司关于兰州银行股份有限公司 部分首次公开发行前已发行股份上市流通的核查意见 中信建投证券股份有限公司(以下简称"中信建投证券"或"保荐机构") 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 股票的持续督导机构,根据《证券发行上市保荐业务管理办法》《深圳证券交易 所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号 -- 主板上市 公司规范运作》等有关规定,对公司部分首次公开发行股票限售股份上市流通事 项进行了核查,具体情况如下: 一、首次公开发行前已发行股份概况 二、申请解除股份限售股东履行承诺情况 根据兰州银行分别于 2021 年 12 月 14 日、2022 年 1 月 14 日公告的《首次 公开发行股票招股说明书》及《首次公开发行股票上市公告书》披露,此次申请 解除股份限售的股东作为兰州银行首次公开发行股票前的股东,根据《中华人民 共和国公司法》的规定,自兰州银行在深圳证券交易所上市交易之日起一年内不 进行转让。除上述情况外,本次申请解除股份限售的股东未做出其他承诺。 截至本核查意见出具日,本次申请解除股份限售的股东不存在违反上述规定 和承诺的情 ...

Market Performance - The city commercial bank sector declined by 0.94% on September 25, with Chongqing Bank leading the decline [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Individual Stock Performance - Chongqing Bank closed at 8.94, down 1.65% with a trading volume of 170,700 shares and a transaction value of 153 million [1] - Other notable declines include Xi'an Bank down 1.50% to 3.95, Zhengzhou Bank down 1.48% to 2.00, and Qingdao Bank down 1.44% to 4.78 [1] - Shanghai Bank and Xiamen Bank also saw declines of 1.43% and 1.39%, respectively [1] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 278 million from institutional investors, while retail investors saw a net inflow of 152 million [1] - The table indicates that Suzhou Bank had a significant net outflow from institutional investors of 48.08 million, while Qilu Bank had a net inflow of 25.86 million [2] - Chongqing Bank specifically had a net outflow of 5.68 million from institutional investors but a net inflow of 10.91 million from retail investors [2]

兰州银行于2022年1月17日在深交所上市，发行价3.57元/股，保荐机构、主承销商为中信建投证券 股份有限公司，保荐代表人为曾琨杰、田斌。 中国经济网北京9月25日讯 兰州银行(001227.SZ)今日收报2.38元，跌幅1.24%。目前该股股价处于 破发状态。 兰州银行上市募集资金总额为20.33亿元，募集资金净额为19.68亿元。兰州银行招股书显示，本次 发行募集资金扣除发行费用后，将全部用于充实资本金，以提高资本充足水平，增强综合竞争力，提升 股东价值。 兰州银行首次上市发行费用为6503.04万元，其中保荐机构中信建投证券股份有限公司获得保荐及 承销费用5272.09万元。 （责任编辑：华青剑） ...

Market Performance - The city commercial bank sector increased by 1.64% on September 24, with Qilu Bank leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Qilu Bank closed at 5.87, with a rise of 1.73% and a trading volume of 1.0666 million shares, amounting to a transaction value of 624 million yuan [1] - Hangzhou Bank closed at 15.32, up 0.66%, with a trading volume of 451,600 shares and a transaction value of 691 million yuan [1] - Zhengzhou Bank closed at 2.03, up 0.50%, with a trading volume of 920,500 shares and a transaction value of 18.7 million yuan [1] - Nanjing Bank closed at 11.01, up 0.46%, with a trading volume of 1.7333 million shares and a transaction value of 806 million yuan [1] - Other banks such as Changsha Bank, Ningbo Bank, and Qingdao Bank also showed slight increases in their stock prices [1] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 69.1764 million yuan from institutional investors, while retail investors saw a net inflow of 55.8208 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors continued to invest [2] Detailed Capital Flow for Selected Banks - Ningbo Bank had a net inflow of 74.388 million yuan from institutional investors, but a net outflow of 51.098 million yuan from speculative funds [3] - Shanghai Bank saw a net inflow of 17.1761 million yuan from institutional investors, while retail investors had a net outflow of 30.1701 million yuan [3] - Chengdu Bank experienced a net inflow of 16.3117 million yuan from institutional investors, with a net outflow from retail investors [3]

据悉，盛达集团本次解除质押股份数量为200万股，占其所持股份比例的0.71%，占兰州银行总股本比 例0.04%，解除日期为2025年9月19日。 北京商报讯（记者 宋亦桐）9月22日，兰州银行发布公告，近日，该行通过中国证券登记结算有限责任 公司深圳分公司系统查询，获悉甘肃盛达集团有限公司（以下简称"盛达集团"）将其所持有的该行部分 股份解除质押。 ...

截至发稿，兰州银行市值为137亿元。 每经头条（nbdtoutiao）——报价太低遭严防，投标企业还得"解释清楚"，一场国家组织的大型采购， 为何引发全行业关注 （记者 曾健辉） 每经AI快讯，兰州银行（SZ 001227，收盘价：2.4元）9月22日晚间发布公告称，近日，兰州银行股份 有限公司通过中国证券登记结算有限责任公司深圳分公司系统查询，获悉甘肃盛达集团有限公司将其所 持有的本行部分股份解除质押，本次解除质押股份数量为200万股。截至本公告日，盛达集团累计质押 股数为9920万股，合计占其所持股份比例为35.43%。 2025年1至6月份，兰州银行的营业收入构成为：利息收入占比197.73%，非利息收入占比4.99%。 ...