目錄 | 重要提示 | | 2 | | --- | --- | --- | | 釋義 | | 3 | | 第一章 | 公司簡介和主要財務指標 | 6 | | 第二章 | 管理層討論和分析 | 13 | | 第三章 | 股份變動及股東情況 | 77 | | 第四章 | 董事、監事、高級管理人員、員工及機構情況 | 91 | | 第五章 | 公司治理 | 103 | | 第六章 | 重要事項 | 107 | | 第七章 | 獨立核數師審閱報告 | 122 | * 本報告以中、英文編製。倘中英文版本有任何歧義，概以中文版本為準。 重要提示 本行董事會、監事會及董事、監事、高級管理人員保證半年度報告內容的真實、準確、完整，不存在虛假 記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 2025年8月28日，本行第八屆董事會第三次會議審議通過了2025年半年度暨中期報告（「本報告」）及中期 業績公告。會議應出席董事9名，親自出席董事9名。本行全部監事列席了本次會議。 本報告所載財務資料除特別註明外，為本行及所屬子公司河南九鼎金融租賃股份有限公司、扶溝鄭銀村 鎮銀行股份有限公司、新密鄭銀村鎮銀行股份有限公司、浚縣鄭 ...

Core Viewpoint - Zhengzhou Bank has demonstrated significant growth and stability in the first half of 2025, achieving a total asset value exceeding 710 billion yuan, with both operating income and net profit showing growth, reflecting its commitment to serving the local economy and small enterprises [1][2]. Asset Growth - The total assets of Zhengzhou Bank reached 719.74 billion yuan by the end of June 2025, an increase of 43.37 billion yuan from the end of the previous year, marking a growth rate of 6.41% [2]. - The year-on-year growth rate of total assets reached 11.47%, the highest since 2018 [2]. Operating Performance - The bank's operating income for the first half of 2025 was 6.69 billion yuan, a year-on-year increase of 4.64%, while net profit attributable to shareholders was 1.63 billion yuan, up 2.1% [2]. - Investment income surged by 111.1% to 1.23 billion yuan, indicating a successful optimization of the investment portfolio [2]. Retail Transformation - Retail business revenue reached 1.24 billion yuan, a historical high with a year-on-year growth of 3.56%, becoming a core driver of business growth [3]. - The bank's personal deposit balance increased by 39.92 billion yuan to 258.10 billion yuan, reflecting an 18.3% growth rate, positioning it among the top in domestic city commercial banks [3]. Consumer Loans - Personal consumer loans exceeded 20.69 billion yuan, with a growth of 3.55 billion yuan, representing a 20.72% increase, driven by enhancements in the "Zheng e-loan (consumption)" program [4]. Risk Management - As of June 2025, the non-performing loan balance was 7.17 billion yuan, with a non-performing loan ratio of 1.76%, a decrease of 0.11 percentage points year-on-year, indicating stable asset quality [5][6]. - The bank's provision coverage ratio stood at 179.20%, with a capital adequacy ratio of 11.85%, demonstrating strong risk resilience [5].

当日关注点 交易信息汇总资金流向 9月5日主力资金净流出242.5万元；游资资金净流入200.38万元；散户资金净流入42.13万元。 截至2025年9月5日收盘，郑州银行(002936)报收于2.03元，上涨0.0%，换手率1.26%，成交量84.73万 手，成交额1.72亿元。 公司公告汇总H股公告 - 截至二零二五年八月三十一日止月份之股份发行人的证券变动月报表 郑州银行股份有限公司截至2025年8月31日的证券变动月报表显示，公司H股和A股的法定/注册股本均 无变动。H股上月底结存及本月底结存为2,020,458,000股，面值人民币1元，于香港联交所上市，证券代 码06196。A股上月底结存及本月底结存为7,071,633,358股，面值人民币1元，于深圳证券交易所上市， 证券代码002936。已发行股份及库存股份均无变动，H股和A股库存股份数目均为0。本月底法定/注册 股本总额为人民币9,092,091,358元。第III至IV部分不适用。确认事项已由董事会正式授权，符合相关上 市规则及法律规定。呈交者为董事长兼执行董事赵飞。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104 ...

Group 1 - The core viewpoint of the articles highlights the rising importance of Chief Information Officers (CIOs) in the banking sector, particularly among small and medium-sized banks, as they transition from technical managers to key players in driving digital transformation and competitiveness [1][4][9] - There is a growing trend of social recruitment for CIO positions in various small and medium-sized banks, with specific qualifications and experience requirements being emphasized, such as a deep understanding of digital transformation strategies and familiarity with emerging technologies like AI and blockchain [3][5] - The urgency for digital transformation among small and medium-sized banks is driven by their relative disadvantages compared to larger banks, making it a crucial strategic path for achieving competitive advantages [4][9] Group 2 - The role of CIOs is increasingly visible in performance meetings, where they discuss digital transformation initiatives and their impacts, indicating a shift in how banks evaluate their performance and future competitiveness [7][9] - The presence of CIOs at these meetings reflects a broader trend of banks recognizing the value of technology in driving business outcomes, transforming technology departments from cost centers to value creation centers [9] - Different strategies are suggested for large and small banks, with large banks focusing on scaling advanced technologies and small banks concentrating on specific business scenarios to establish digital competitive advantages [9]

Investment Rating - The report maintains an "Increase" rating for the banking sector, indicating a positive outlook for the industry [1]. Core Insights - In the first half of 2025, the contribution of financial asset disposal gains from AC and OCI accounts to revenue reached 5.2%, an increase of 2.9 percentage points compared to 2024 [1][2]. - The investment income growth rate for 42 listed banks was 23.6%, with AC, OCI, and TPL gains showing year-on-year growth rates of 134.7%, 79.0%, and -8.4% respectively [1]. - The report highlights that the increase in disposal gains does not necessarily indicate a significant increase in asset disposal scale, as market conditions and strategies vary among banks [2]. Financial Asset Disposal Gains - The contribution of AC and OCI financial asset disposal gains to revenue was 5.2%, up 2.9 percentage points from 2024, with AC asset disposal gains contributing 2.6% [2]. - Among different types of banks, rural commercial banks had the highest contribution from AC and OCI disposal gains, reaching 11.0%, an increase of 6.2 percentage points from 2024 [2]. - Specific banks such as Jiangyin Bank, Sunong Bank, and Zijin Bank had high disposal gain ratios relative to their revenue, at 28.9%, 26.7%, and 22.7% respectively [2]. OCI Floating Profit Situation - The overall OCI floating profit decreased compared to the end of the previous year, accounting for 12.6% of the estimated profit for 2025 [3]. - Major state-owned banks like CCB and ABC reported significant OCI floating profits, with balances exceeding 30 billion [3]. - The average contribution of OCI floating profits to profits for city and rural commercial banks was notably high, with Ningbo Bank's ratio reaching 35% [3][6]. Sector Trends - The banking sector is expected to benefit from expansionary policies aimed at stabilizing the economy, with a focus on real estate and consumer spending [7]. - The report suggests a focus on banks with improving fundamentals, such as Ningbo Bank, and those with dividend strategies like Jiangsu Bank and Chengdu Bank [7]. - Attention is also drawn to banks with potential convertible bond conversion expectations, including Shanghai Bank and Industrial Bank [7].

据Wind资讯数据统计，截至今年上半年末，华润信托、重庆信托、国联信托等18家信托公司现身25家A股上市公司的前十大流通股股东，持股总市值达 592.1亿元，相较于今年一季度末增长64.56亿元。 整体来看，25家A股上市公司分别来自非银金融、银行、交通运输、医药生物等多个行业。其中，金融行业是信托公司第一重仓行业。持股数量方面， 信托公司持股数量居前的6只个股均来自金融行业。国信证券、江苏银行获信托公司持股数量均为十亿级，分别达21.37亿股、12.81亿股。郑州银行、国元证 券、国联民生、东北证券获持股也较多，分别为7.05亿股、5.92亿股、3.90亿股和2.76亿股。 上述6只个股也位居信托公司持股市值前列，以降序排列，国信证券、江苏银行、国元证券、国联民生、东北证券、郑州银行获信托公司持仓市值分别 为246.18亿元、152.91亿元、46.74亿元、40.38亿元、21.06亿元和14.51亿元。 转自：证券日报网 本报记者 方凌晨 信托公司最新重仓股出炉。随着信托行业转型步入深水区，标品信托的发展成为重要抓手。证券市场是信托资金投向的重要领域，透过A股前十大流通 股股东名单，可以窥见信托资金在证 ...

Investment Rating - The report maintains a positive outlook on the banking sector's allocation value, suggesting continued investment interest in the sector [4][10]. Core Viewpoints - The performance of listed banks in the first half of 2025 shows a marginal improvement in revenue and profit margins, with year-on-year growth of 1.0% in revenue and 0.8% in net profit attributable to shareholders [4][5]. - The recovery in the bond market during the second quarter has alleviated some of the pressures on bond investment returns, contributing to the overall performance improvement [4][5]. - The report anticipates that the banking sector's revenue and net profit growth will remain around 1% year-on-year for 2025, despite ongoing pressures on the banking fundamentals [4][10]. Summary by Sections Performance Overview - In the first half of 2025, listed banks experienced a year-on-year revenue growth of 1.0% and a net profit growth of 0.8%, with quarter-on-quarter improvements of 2.8 percentage points and 2 percentage points respectively [4][5]. - The growth in interest-earning assets was 9.7% year-on-year, with a stable credit growth of 8% and a significant increase in financial investments by 14.9% [4][11]. - The net interest margin for the first half of 2025 was 1.33%, showing a year-on-year decline of 13 basis points, which is less than the decline seen in the same period last year [4][5]. Non-Interest Income - Non-interest income showed a positive trend, with a year-on-year increase of 10.8% in other non-interest income and a 3.1% increase in fee income [4][5][10]. - The report highlights that the recovery in the capital market has contributed to the improvement in non-interest income [4][10]. Asset Quality - The report notes that while the non-performing loan ratio remains stable, there is an increase in the generation rate of overdue and non-performing loans, particularly in retail banking [4][10]. - The provision coverage ratio remained stable, with an increase in provisioning efforts during the first half of 2025 [4][10]. Future Outlook - The banking sector is expected to face continued pressure in 2025, but signs of a potential turning point are emerging, with improved net interest margins and non-interest income [4][10]. - The report suggests that the demand for bank stocks will increase from long-term funds, driven by favorable policies encouraging investment in the banking sector [4][10].

Group 1 - The city commercial bank sector experienced a decline of 0.37% on September 5, with Chongqing Bank leading the drop [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] - Key individual stock performances in the city commercial bank sector included Ningbo Bank rising by 1.74% and Chongqing Bank falling by 1.34% [1][2] Group 2 - The net outflow of main funds from the city commercial bank sector was 287 million yuan, while retail investors saw a net inflow of 141 million yuan [2] - The trading volume for Chongqing Bank was 107,400 shares, with a transaction amount of 103 million yuan [2] - The overall trading activity showed a mixed trend, with some banks experiencing slight declines while others saw minor gains [1][2]

Group 1 - The report details the changes in the registered capital of Zhengzhou Bank Co., Ltd. as of August 31, 2025, indicating no increase or decrease in the registered capital, which remains at RMB 2,020,458,000 for H-shares and RMB 7,071,633,358 for Shenzhen Stock Exchange shares, totaling RMB 9,092,091,358 [1] - The number of issued shares for H-shares is confirmed to be 2,020,458,000 with no changes, while for Shenzhen Stock Exchange shares, it remains at 7,071,633,358, also with no changes [1] - The report confirms compliance with all applicable listing rules and regulations regarding the issuance and transfer of securities, ensuring that all necessary conditions for listing have been fulfilled [2][3] Group 2 - The report states that all payments due from the issuance or transfer of shares have been received by the issuer, and all required documentation has been filed with the relevant authorities [2] - It is confirmed that all securities are identical in terms of rights and obligations, including dividend entitlements and voting rights [3] - The report emphasizes that all legal requirements have been adhered to, including the preparation and signing of trust deeds or agreements related to bonds or other securities [2][3]

Group 1 - The core point of the article is that Zhengzhou Bank is recruiting a Chief Information Officer (CIO) to enhance its information technology management and digital transformation efforts [1] - The job requirements include extensive experience in commercial bank information technology management, major project construction, system operation management, and information technology risk management [1] - Candidates with experience in leading or implementing large-scale technology projects in state-owned commercial banks, national joint-stock commercial banks, or leading city commercial banks/rural commercial banks will be prioritized [1]