Core Viewpoint - Qingdao Bank is issuing A-share convertible bonds to support future business development and enhance core tier one capital, which may dilute immediate returns for existing shareholders [1][5][7]. Group 1: Impact Analysis of Convertible Bonds - The funds raised from the convertible bond issuance will be used entirely to support the bank's future business development and will be allocated to supplement core tier one capital after bondholders convert their bonds into shares [1][8]. - The issuance is expected to dilute immediate returns for existing shareholders, with potential decreases in basic and diluted earnings per share before the bonds are converted [5][6]. - The bank has outlined various assumptions for the impact analysis, including projected net profit growth rates of 5%, 10%, and 15% for the years 2025 and 2026 [2][4]. Group 2: Financial Metrics and Projections - The bank's total ordinary share capital is projected to remain at 5.82 billion shares, with diluted earnings per share estimated to be 0.68 yuan in 2024, increasing to 0.84 yuan by 2026 under a 5% growth scenario [3][4]. - Under different growth scenarios, the diluted earnings per share could reach 0.88 yuan and 0.92 yuan for 10% and 15% growth rates, respectively [4][5]. - The bank's capital adequacy ratios as of June 30, 2025, are reported at 13.52%, with a tier one capital ratio of 10.52% and a core tier one capital ratio of 9.05%, indicating compliance with regulatory requirements [8]. Group 3: Necessity and Rationale for Issuance - The issuance of convertible bonds is deemed necessary to strengthen the bank's capital base, enhance its ability to serve the real economy, and improve risk resilience [7][9]. - The bank aims to meet increasing capital regulatory requirements amid a complex economic environment, ensuring a proactive approach to capital supplementation [7][8]. - The funds raised will support the bank's strategic goals and business development, aligning with its long-term growth plans [9][10]. Group 4: Measures to Mitigate Dilution Impact - The bank plans to implement measures to optimize business structure and enhance capital efficiency, aiming to minimize the impact of the convertible bond issuance on shareholder returns [11][12]. - A stable shareholder return policy will be maintained, with a focus on protecting the rights of shareholders, particularly minority shareholders [11][12]. - The bank's board and senior management have committed to ensuring the effective execution of measures to mitigate the dilution of immediate returns [13].

Core Viewpoint - Qingdao Bank demonstrated strong resilience and competitive strength in the first half of 2025, achieving steady growth in operating performance despite a complex macroeconomic environment and industry competition [1] Financial Performance - In the first half of 2025, Qingdao Bank reported operating revenue of 7.662 billion yuan, a year-on-year increase of 7.50% [2] - Net profit reached 3.152 billion yuan, up 16.25% year-on-year, with net profit attributable to shareholders of the parent company at 3.065 billion yuan, reflecting a 16.05% increase [2] - Net interest income was the main driver of revenue growth, totaling 5.362 billion yuan, a 12.19% increase year-on-year, supported by the expansion of interest-earning assets and effective reduction in liability costs [2] - Total assets reached 743.028 billion yuan, growing 7.69% from the end of the previous year, with customer loans totaling 368.406 billion yuan, an 8.14% increase [2] Non-Interest Income and Cost Management - Non-interest income was 2.301 billion yuan, a slight decrease of 2.06% year-on-year, but the income structure improved [3] - Investment income surged by 93.93% to 1.509 billion yuan, attributed to timely bond profit-taking operations [3] - The bank effectively controlled costs, with business and management expenses at 1.724 billion yuan, down 3.72% year-on-year, leading to a cost-to-income ratio of 22.51%, a decrease of 2.62 percentage points [3] Asset Quality and Risk Management - The bank's asset quality improved, with a non-performing loan ratio of 1.12%, down 0.02 percentage points from the end of the previous year [4] - The provision coverage ratio increased to 252.80%, up 11.48 percentage points, indicating strong risk management capabilities [4] - Focused on key sectors, the bank's technology finance loans grew by 20.85% to 31.225 billion yuan, and green loans increased by 38.18% to 51.609 billion yuan [4] Group Synergy and Future Outlook - The synergy within the Qingdao Bank Group is becoming more evident, with subsidiaries Qingyin Financial Leasing and Qingyin Wealth Management contributing significantly to high-quality development [5] - Qingyin Financial Leasing achieved a net profit of 219 million yuan, focusing on high-end manufacturing and green leasing [5] - The bank plans to continue enhancing its operational strategies, increasing quality asset investments, and expanding diversified funding sources to support regional economic development [5]

Market Overview - The city commercial bank sector experienced a decline of 0.92% on August 29, with Suzhou Bank leading the drop [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Individual Stock Performance - Xi'an Bank saw a significant increase of 10.00%, closing at 4.18, with a trading volume of 1.51 million shares and a transaction value of 623 million yuan [1] - Qingdao Bank and Xiamen Bank also reported slight increases of 1.03% and 0.75%, respectively [1] - Conversely, Suzhou Bank experienced a decline of 2.40%, closing at 8.12, with a trading volume of 744,000 shares and a transaction value of 612 million yuan [2] Capital Flow Analysis - The city commercial bank sector had a net outflow of 1.793 billion yuan from institutional investors, while retail investors saw a net inflow of 913 million yuan [2] - The capital flow data indicates that retail investors are showing interest in the sector despite the overall decline [2] Detailed Capital Flow by Stock - Xi'an Bank had a net inflow of 99.76 million yuan from institutional investors, while it faced a net outflow of 42.89 million yuan from retail investors [3] - Hangzhou Bank also saw a net inflow of 61.29 million yuan from institutional investors, but retail investors withdrew 35.94 million yuan [3] - In contrast, Qilu Bank experienced a significant net outflow of 62.93 million yuan from institutional investors, while retail investors had a net inflow of 35.68 million yuan [3]

Group 1 - Qingdao Bank plans to issue convertible bonds totaling no more than RMB 4.8 billion, with the specific issuance scale to be determined by the board of directors [1] - The convertible bonds will be listed on the Shenzhen Stock Exchange and have a maturity of six years from the date of issuance [1] - The bonds will be issued at face value of RMB 100 each, with the interest rate to be determined based on market conditions and the bank's situation [1] Group 2 - Existing A-share shareholders will have priority in the allocation of the new convertible bonds, with specific allocation amounts to be disclosed in the offering prospectus [2] - Previous fundraising reports indicate that Qingdao Bank raised a total of RMB 4.195 billion from A-share and H-share placements, with net proceeds of RMB 2.481 billion from A-shares and RMB 1.673 billion from H-shares [3]

2025年8月29日，青岛银行(002948.SZ)发布2025年中报。 公司营业总收入为76.62亿元。归母净利润为30.65亿元，在已披露的同业公司中排名第9。经营活动现金 净流入为-5661.60万元，在已披露的同业公司中排名第12，较去年同报告期经营活动现金净流入减少 49.27亿元，同比较去年同期下降101.16%。 公司较去年同期总资产周转率持平，同比较去年同期下降5.31%。 公司最新资产负债率为93.66%，在已披露的同业公司中排名第15，较上季度资产负债率增加0.10个百分 点，较去年同期资产负债率增加0.22个百分点。 公司最新ROE为6.65%。 公司摊薄每股收益为0.53元，在已披露的同业公司中排名第11。 ...

Core Viewpoint - Qingdao Bank's latest semi-annual report highlights its resilient growth and differentiated advantages in the context of regional economic development, showcasing a robust performance amid a challenging banking environment [1][2]. Financial Performance - As of June 30, Qingdao Bank's total assets reached 743.03 billion yuan, an increase of 7.69% from the end of the previous year [5]. - The bank's net profit attributable to shareholders grew by 16.05% year-on-year, amounting to 3.065 billion yuan, while operating income increased by 7.5% to 7.662 billion yuan [6]. - The non-performing loan ratio improved to 1.12%, down by 0.02 percentage points from the previous year, with a provision coverage ratio of 252.8%, up by 11.48 percentage points [6]. Business Segments and Strategies - Qingdao Bank has seen significant growth in its specialized loan segments, with green finance loans increasing by 38.18% and technology finance loans growing by 20.85% [11][14]. - The bank's leasing subsidiary, Qingyin Financial Leasing, focuses on serving the manufacturing sector, with a 33.82% share of its business in manufacturing loans, reflecting a strategic alignment with regional industrial development [7]. - Qingdao Bank's blue finance loans also grew by 14.56%, indicating a commitment to supporting the marine economy [13]. Brand and Market Position - Qingdao Bank has made its debut on the Fortune China 500 list, marking a significant milestone for local financial institutions [15]. - The bank's brand value reached 36.236 billion yuan, ranking it 317th in the "China's 500 Most Valuable Brands" list, reflecting its sustained efforts in strategic development and social responsibility [17].

青岛银行 青岛银行 BQD 分时图 日K线 周K线 月17USDPREF K线 4.86 0.04 0.83% 1.04% 0.62% 0.41% 0.00% 0.41% 0.62% 1.04% 4.77 4.79 4.80 4.82 4.84 4.85 4.87 09:30 10:30 11:30/13:00 14:00 15:00 0 50万 101万 151万 青岛银行（002948）(03866)发布公告，青岛银行股份有限公司董事会收到该行独立非执行董事范学军 先生的辞职报告。因个人健康原因，范学军先生辞去第九届董事会独立非执行董事，以及董事会审计委 员会主任委员、董事会薪酬委员会委员、董事会提名委员会委员和董事会关联交易控制委员会委员职 务。范学军先生的辞任将在新任独立非执行董事任期起始之日生效。辞任生效后，范学军先生将不再担 任该行及该行控股子公司任何职务。 ...

董事会同意拟由陈霜女士担任董事会提名委员会委员，吴显明先生不再担任董事会提名委员会委员。 青岛银行（002948）(03866)发布公告，该行董事会于2025年8月28日审议通过相关议案，同意提名王竹 泉先生为第九届董事会独立非执行董事候选人，并拟由王竹泉先生担任第九届董事会审计委员会主任委 员、董事会薪酬委员会委员、董事会提名委员会委员和董事会关联交易控制委员会委员。 王竹泉先生任该行独立非执行董事尚须提交该行股东大会审议，获该行股东大会审议并通过后其任职资 格尚须报送国家金融监督管理总局青岛监管局核准，其任期自其任职资格获得核准之日起至第九届董事 会任期届满之日止。王竹泉先生任上述董事会专门委员会委员职务将自王竹泉先生的任职资格获得青岛 监管局核准后生效。 因范学军先生拟不再担任第九届董事会下设专门委员会所任职务，拟由王竹泉先生担任董事会审计委员 会主任委员、董事会薪酬委员会委员、董事会提名委员会委员和董事会关联交易控制委员会委员职务。 本次专门委员会成员调整自王竹泉先生的任职资格获得监管部门核准后生效。除上述调整外，第九届董 事会各专门委员会的构成和成员均未发生变化。 ...

格隆汇8月28日丨青岛银行(03866.HK)公告，本行拟向深圳证券交易所申请，在中国境内向不特定对象 发行募集资金总额不超过人民币48亿元（含人民币48亿元）A股可转债。建议发行A股可转债尚待股东 于临时股东大会及类别股东大会批准、国家金融监督管理总局青岛监管局批准、深圳证券交易所审核通 过并经中国证监会同意注册。 ...

报告期末，公司主要经营指标完成情况如下：(1)资产总额7,430.28亿元，比上年末增加530.65亿元，增 长7.69%；(2)客户贷款总额3,684.06亿元，比上年末增加277.16亿元，增长8.14%；(3)客户存款总额 4,661.40亿元，比上年末增加341.16亿元，增长7.90%。 格隆汇8月28日丨青岛银行(03866.HK)公告，截至2025年6月30日止6个月中期业绩，营业收入76.58亿 元，同比增加6.31亿元，增长8.97%；净利润31.52亿元，同比增加4.41亿元，增长16.25%；归属于母公 司股东的净利润30.65亿元，同比增加4.24亿元，增长16.05%。 ...