2025年9月24日，青岛银行（002948）股份有限公司在优质运营、创新突破、社会贡献等指标中表现优 异，入围《经济观察报》2024—2025年度受尊敬企业。根据经观中国上市公司综合价值评估体系，营业 收入、净利润、总资产连续三年实现正增长。 ...

Bank of Qingdao Co., Ltd.* * H 3866 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之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本期債券募集資金將依據適用法律和主管部門的批准，通過貸款、債券等多種途徑，專 項支持科技創新領域業務。 承董事會命 青島銀行股份有限公司* 景在倫 董事長 中國山東省青島市 2025年9月24日 於本公告日期，本行董事會包括執行董事景在倫先生、吳顯明先生、陳霜女士及劉鵬先 生；非執行董事周雲傑先生、Rosario Strano先生、譚麗霞女士、Giamberto Giraldo先生及 鄧友成先生；獨立非執行董事邢樂成先生、張旭先生、張文礎先生、杜寧先生及范學軍 先生。 * 青島銀行股份有限公司並非一家根據銀行業條例（香港法例第155章）之認可機構，並不受限 於香港金融管理局的監督，亦不獲授權在香港經營銀行及╱或接受存款業務。 公告 2025年科技創新債券發行完畢 經中國人民銀行批准，青島銀行股份有限公司（「本行」）於近日在全國銀行間 ...

证券代码：002948 证券简称：青岛银行 公告编号：2025-036 青岛银行股份有限公司 青岛银行股份有限公司董事会 2025 年 9 月 24 日 关于2025年科技创新债券发行完毕的公告 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。 经中国人民银行批准，青岛银行股份有限公司（以下简称"本行"）于近日在 全国银行间债券市场成功发行"青岛银行股份有限公司2025年科技创新债券"（以 下简称"本期债券"）。 本期债券于2025年9月19日簿记建档，并于2025年9月23日发行完毕，发行规 模为人民币10亿元，品种为5年期固定利率债券，票面利率为1.87%。 本期债券募集资金将依据适用法律和主管部门的批准，通过贷款、债券等多 种途径，专项支持科技创新领域业务。 特此公告。 ...

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]

Core Insights - Qingdao Bank emphasizes its commitment to supporting rural revitalization and agricultural development in Shandong Province, focusing on providing financial services to enhance the agricultural sector and improve rural living standards [1][4][8] Agricultural Development Focus - Shandong Province is a major agricultural hub with various national and provincial industry clusters, including vegetables, garlic, and seafood. Qingdao Bank has initiated the "One County, One Product" project to tailor financial support to local agricultural strengths [4][5] - As of August 2023, Qingdao Bank has provided over 2 billion yuan in credit to various agricultural sectors, including cherry farming and seaweed cultivation [4] Food Security Initiatives - The bank has increased financial support in key areas such as food security, modern seed industry, and agricultural infrastructure. It has introduced innovative mechanisms like guarantee funds and agricultural insurance to address financing challenges for food production [5] - By August 2023, the loan balance for food security-related projects exceeded 3 billion yuan [5] Inclusive Financial Services - Qingdao Bank has established a three-tier service network to enhance financial accessibility in rural areas, with 28 branches in counties to bridge the financial service gap [7] - The bank has developed various agricultural loan products to meet the diverse financing needs of rural clients, including "Huinong Loan" and "Cooperative Loan" [7] Supply Chain Financial Solutions - The bank focuses on providing comprehensive financial services to core agricultural enterprises, enhancing the stability of the supply chain. It has created a target customer list for effective marketing and has launched the "Huinong Chain Easy Loan" product [8] - By August 2023, Qingdao Bank had successfully serviced 19 core agricultural enterprises and nearly 200 upstream suppliers, with a loan balance exceeding 1 billion yuan [8]

Core Viewpoint - The Shanghai Composite Index is currently above the six-month moving average, with a slight decline of 1.04% and a total trading volume of 1.262 trillion yuan [1] Group 1: Market Performance - As of 10:29 AM today, the Shanghai Composite Index stands at 3788.76 points, indicating a trading volume of 12,621.13 million yuan [1] - There are 13 A-shares that have surpassed the six-month moving average today, with notable stocks including Air China Ocean, Guisheng Co., and Samsung Medical, showing divergence rates of 4.09%, 2.35%, and 1.79% respectively [1] Group 2: Individual Stock Analysis - The top three stocks with the highest divergence rates are: - Air China Ocean (Code: 833171) with a price increase of 4.78%, a turnover rate of 10.78%, a six-month moving average of 10.52 yuan, and a latest price of 10.95 yuan, resulting in a divergence rate of 4.09% [1] - Guisheng Co. (Code: 600992) with a price increase of 4.08%, a turnover rate of 5.15%, a six-month moving average of 14.45 yuan, and a latest price of 14.79 yuan, resulting in a divergence rate of 2.35% [1] - Samsung Medical (Code: 601567) with a price increase of 4.73%, a turnover rate of 2.47%, a six-month moving average of 23.27 yuan, and a latest price of 23.69 yuan, resulting in a divergence rate of 1.79% [1]

Market Overview - On September 22, the city commercial bank sector declined by 1.17%, with Hangzhou Bank leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Bank Performance - Hangzhou Bank's closing price was 15.06, down 2.27% with a trading volume of 765,900 shares and a transaction value of 1.159 billion yuan [1] - Chengdu Bank closed at 17.15, down 2.17%, with a trading volume of 367,300 shares [1] - Suzhou Bank closed at 8.01, down 1.72%, with a trading volume of 389,400 shares [1] - Ningbo Bank closed at 26.35, down 1.50%, with a trading volume of 138,580 shares [1] - Jiangsu Bank closed at 10.12, down 1.36%, with a trading volume of 1,148,300 shares [1] - Xiamen Bank closed at 6.30, down 1.10%, with a trading volume of 79,000 shares [1] - Qingdao Bank closed at 4.80, down 1.03%, with a trading volume of 261,300 shares [1] - Changsha Bank closed at 9.01, down 0.99%, with a trading volume of 118,400 shares [1] - Zhengzhou Bank closed at 2.02, down 0.98%, with a trading volume of 1,188,200 shares [1] - Beijing Bank closed at 5.58, down 0.89%, with a trading volume of 1,304,400 shares [1] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 132 million yuan from institutional investors, while retail investors saw a net inflow of 132 million yuan [1] - The table shows the net capital flow for individual banks, indicating varying levels of institutional and retail investor activity [2] Individual Bank Capital Flow - Hangzhou Bank had a net inflow of 127 million yuan from institutional investors, but a net outflow of 15.3 million yuan from retail investors [2] - Shanghai Bank saw a net inflow of 7.31 million yuan from institutional investors, with a net outflow of 13.26 million yuan from retail investors [2] - Guiyang Bank had a net inflow of 4.12 million yuan from institutional investors, with a net outflow of 4.91 million yuan from retail investors [2] - Qilu Bank experienced a net inflow of 3.48 million yuan from institutional investors, but a significant net outflow of 30.56 million yuan from retail investors [2] - Changsha Bank had a net inflow of 1.00 million yuan from institutional investors, while retail investors saw a net outflow of 6.67 million yuan [2] - Other banks like Xiamen Bank, Qingdao Bank, and Zhengzhou Bank also showed varying trends in capital flow, with some experiencing net outflows from both institutional and retail investors [2]

Investment Rating - The report maintains a "Positive" investment rating for the banking sector [11] Core Insights - Recent adjustments in bank stocks have led to accelerated share buybacks by state-owned shareholders and management, indicating strong recognition of investment value [2][6] - The systematic increase in holdings by state-owned shareholders reflects a demand to optimize financial equity layouts amid asset scarcity, highlighting the core advantages of low valuations, stable profits, and dividends in bank stocks [7][41] - The report emphasizes the long-term investment value of regional leading city commercial banks, particularly after two rounds of debt restructuring [7][41] Summary by Sections Shareholder Activity - In the past week, banks such as Qingdao Bank, Nanjing Bank, and Chengdu Bank have disclosed progress in share buybacks by state-owned shareholders, showcasing their confidence in investment value [2][6] - Nanjing Bank has seen its state-owned shareholder, Nanjing High-tech, increase its stake by 1.05%, bringing its total holding to 9.99% [6][41] - Other banks, including Suzhou Bank and Qingdao Bank, have also reported significant buyback plans, with Suzhou Bank's shareholders increasing their holdings by 856 million yuan earlier this year [6][41] Market Performance - The banking index has experienced a cumulative decline of 4.1% this week, underperforming the CSI 300 index by 3.6% and the ChiNext index by 6.4% [9][20] - Despite the recent downturn, the long-term investment logic remains solid, with individual stocks like Qilu Bank showing resilience due to management buybacks [9][20] Dividend and Earnings Outlook - The report notes that the expected dividend yield for leading city commercial banks has risen to around 5%, with specific banks like Jiangsu Bank and Chengdu Bank reaching yields of 5.5% [7][8] - The stability of the banking sector's fundamentals is highlighted, with expectations for net interest income to maintain stable growth despite market fluctuations [8][40] - Mid-term dividends are set to commence, with several banks planning to distribute dividends in the fourth quarter, creating an attractive entry point for absolute return funds [8][40] Valuation and Investment Opportunities - The report suggests that the recent valuation adjustments have created significant investment opportunities in bank stocks, particularly for those focusing on dividend yields [7][44] - The ongoing adjustments in the bond market and the anticipated stabilization of loan interest rates are expected to support the banks' revenue streams [8][44]

Investment Rating - The report maintains a positive outlook on the banking sector, suggesting potential investment opportunities due to favorable policy catalysts and improving fundamentals in certain banks [12]. Core Insights - The report highlights the adequacy of loan loss provisions among listed banks, with a provision coverage ratio of 70.8% for Stage 3 loans, indicating limited future impact on profits [2][12]. - It emphasizes the improvement in asset quality, particularly in Stage 3 loans, with notable reductions in the proportion of such loans for several banks compared to the end of Q4 2024 [1][2]. - The report suggests a focus on banks with positive fundamental changes and continuous improvement in financial statements, recommending specific banks for investment [12]. Summary by Sections 1. Loan Quality and Provisioning - The proportion of Stage 3 loans is relatively low for banks like Chengdu Bank (0.66%) and Ningbo Bank (0.76) [1]. - Significant improvements in Stage 3 loan ratios were observed for Chongqing Bank (-61bp) and Guiyang Bank (-48bp) compared to Q4 2024 [1]. - The provision coverage for Stage 3 loans is high, with leading banks like Qingnong Bank (4.35%) and Yunan Bank (4.16%) showing strong provisioning ratios [2]. 2. Financial Assets - The proportion of Stage 3 financial assets is low, with most banks not exceeding 0.05%, indicating manageable asset quality pressure [4]. - The report notes that the provision coverage for financial investments is also robust, with Zhejiang Bank (3.16%) and Qingdao Bank (2.85%) leading in provisioning ratios [8]. 3. Sector Outlook - The report anticipates that expansionary policies aimed at stabilizing the economy will benefit the banking sector, with a focus on banks like Ningbo Bank and Jiangsu Bank for potential investment [12]. - It highlights the ongoing economic recovery and the potential for interest rate cuts, suggesting a sustained dividend strategy for certain banks [12].

青岛银行在网信部门、公安、人民银行和金融监管局的指导下，始终将网络安全及数据安全作为全行重 点工作，构建"合规-技术-人才"三位一体的网络安全防护体系。严格落实《网络安全法》《数据安全 法》《个人信息保护法》等法规及金融监管要求，强化数据分类分级，构建覆盖数据全生命周期的安全 管理体系。通过积极应用态势感知平台、国密算法、零信任架构等技术手段，提升数据安全防护和风险 处置能力，确保技术赋能与数据安全协同发展。在团队建设方面，组建了网络安全团队，专注于攻防技 术、通用组件漏洞研究、安全运营、数据安全防护等工作，向国家信息安全漏洞共享平台CNVD提交多 个通用型安全漏洞，参与《数据安全技术 数据安全风险评估方法》等多项国标试点单位，自主研发的 应用系统风险画像平台荣获山东省网络安全创新案例、构建的面向生成式AI应用的个人信息保护体系 荣获山东省个人信息保护优秀典型案例，多次在全国及省市级网络安全大赛中屡获殊荣。本次大赛充分 检验了青岛银行网络安全及数据安全工作成果，同时也展示了青岛银行信息科技团队的专业风采，后续 青岛银行将以此为契机，持续加强网络安全及数据安全建设，以高水平安全守护高质量发展。 9月19日，由省 ...