Core Insights - The rural commercial bank sector experienced a slight increase of 0.34% on October 31, with Qingnong Commercial Bank leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - Qingnong Commercial Bank (002958) closed at 3.22, up 0.94% with a trading volume of 513,300 shares and a transaction value of 165 million [1] - Zhangjiagang Bank (002839) closed at 4.44, up 0.91% with a trading volume of 293,500 shares and a transaction value of 130 million [1] - Yunnan Rural Commercial Bank (601077) closed at 6.92, up 0.58% with a trading volume of 492,100 shares and a transaction value of 339 million [1] - Other banks in the sector showed mixed results, with Jiangyin Bank (002807) down 0.84% and Zijin Bank (601860) down 1.39% [1] Capital Flow - The rural commercial bank sector saw a net inflow of 101 million from main funds, while retail investors experienced a net outflow of 1.03 billion [1] - Key banks like Yunnan Rural Commercial Bank and Changshu Bank had significant net inflows from main funds, while others like Jiangyin Bank and Zijin Bank faced net outflows [2]

Core Insights - Qingnong Commercial Bank (002958.SZ) reported a total operating revenue of 8.028 billion yuan for Q3 2025, ranking 4th among disclosed peers [1] - The net profit attributable to shareholders reached 3.318 billion yuan, also ranking 4th among peers, with a year-on-year increase of 114 million yuan, marking a 3.57% rise compared to the same period last year [1] - The net cash inflow from operating activities was 5.0121 million yuan, an increase of 3.055 million yuan, reflecting a 156.09% year-on-year growth [1] Financial Ratios - The latest debt-to-asset ratio stands at 90.75%, ranking 3rd among disclosed peers, with a decrease of 0.95 percentage points from the previous quarter and a decrease of 0.56 percentage points from the same period last year [3] - The return on equity (ROE) is reported at 7.04% [3] - The diluted earnings per share (EPS) is 0.57 yuan, an increase of 0.02 yuan, achieving a 3.64% year-on-year growth [3] - The total asset turnover ratio is 0.02 times, ranking 3rd among disclosed peers [3] Shareholder Structure - The number of shareholders is 75,600, with the top ten shareholders holding a total of 2.364 billion shares, accounting for 42.56% of the total share capital [3] - The largest shareholder is Qingdao Guoxin Development (Group) Co., Ltd., holding 9.08% of shares [3]

Core Points - The announcement confirms the authenticity and completeness of the quarterly report by the board of directors and senior management [1][25][29] - The third quarter financial statements have not been audited by an accounting firm [2] - The financial data is prepared according to Chinese accounting standards and includes consolidated data from the bank and its subsidiaries [2] Financial Data Summary - Key accounting data and financial indicators are presented in thousands of yuan [3] - Non-recurring gains and losses are defined and calculated according to relevant regulations [4][5] - The bank does not classify any non-recurring gains and losses as regular gains and losses [6] Supplementary Financial and Regulatory Indicators - Capital adequacy ratios are calculated based on the new regulations effective from January 1, 2024 [7] - The liquidity ratio is reported as 313.96%, significantly above the regulatory requirement of 100% [19] - The non-performing loan ratio is calculated based on the total loans at the end of the period [9] Shareholder Information - The total number of common shareholders and the situation of the top ten shareholders are disclosed [20] - There are no changes in the top ten shareholders due to share lending activities [21] Other Important Matters - No other significant matters are disclosed apart from those already mentioned [20] - The quarterly financial statements are attached for detailed review [20][22][24]

Group 1 - The company Qingnong Commercial Bank announced the convening of its fifth session of the thirteenth board of directors meeting on October 30, 2025, via written signature [1] - The meeting reviewed the proposal regarding the "Qingdao Rural Commercial Bank Co., Ltd. 2025 Third Quarter Report" among other documents [1] - For the first half of 2025, the company's revenue composition showed that interest income accounted for 133.84%, while non-interest income made up 10.31% [1]

Core Viewpoint - Qingnong Commercial Bank (002958.SZ) reported a decrease in operating revenue for the first three quarters of 2025, while net profit showed a modest increase [1] Financial Performance - The company's operating revenue for the first three quarters was 8.028 billion yuan, a year-on-year decrease of 4.92% [1] - Net profit attributable to shareholders of the listed company was 3.318 billion yuan, reflecting a year-on-year increase of 3.57% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 3.269 billion yuan, which represents a year-on-year growth of 5.89% [1] - Basic earnings per share stood at 0.57 yuan [1]

| 证券代码：002958 | 证券简称：青农商行 | 公告编号：2025-052 | | --- | --- | --- | | 转债代码：128129 | 转债简称：青农转债 | | 青岛农村商业银行股份有限公司 第五届监事会第七次临时会议决议公告 本行及监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。 青岛农村商业银行股份有限公司（以下简称本行）第五届监事会第七次临时会议 于 2025 年 10 月 30 日以书面传签方式召开。会议通知已于 2025 年 10 月 23 日以电子 邮件及书面方式发出。会议应参加表决监事 6 人，实际参加表决监事 6 人。会议的召 开及表决程序符合《中华人民共和国公司法》及《公司章程》的有关规定。 会议审议通过了以下议案： 一、审议并通过《关于<青岛农村商业银行股份有限公司 2025 年第三季度报告> 的议案》。 表决结果为：同意 6 票，反对 0 票，弃权 0 票。 监事会认为，本行董事会编制《青岛农村商业银行股份有限公司 2025 年第三季 度报告》的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完 整地反映了上市 ...

Core Insights - Qingnong Commercial Bank reported a decline in operating revenue for the third quarter, amounting to 22.758 billion yuan, a year-on-year decrease of 11.91% [1] - The net profit attributable to shareholders for the third quarter was 1.183 billion yuan, showing a slight increase of 0.72% year-on-year [1] - For the first three quarters, the total operating revenue reached 80.275 billion yuan, reflecting a year-on-year decline of 4.92% [1] - The net profit attributable to shareholders for the first three quarters was 3.318 billion yuan, which represents a year-on-year growth of 3.57% [1]

| 证券代码：002958 | 证券简称：青农商行 | 公告编号：2025-051 | | --- | --- | --- | | 转债代码：128129 | 转债简称：青农转债 | | 青岛农村商业银行股份有限公司 第五届董事会第十三次临时会议决议公告 本议案已经董事会审计委员会审议通过。青岛农村商业银行股份有限公司 2025 年第三季度报告在巨潮资讯网（http://www.cninfo.com.cn）披露。 2.审议并通过《关于列支相关费用的议案》。 表决结果为：同意 12 票，反对 0 票，弃权 0 票。 特此公告。 青岛农村商业银行股份有限公司董事会 2025 年 10 月 30 日 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。 青岛农村商业银行股份有限公司于 2025 年 10 月 30 日以书面传签方式召开第五 届董事会第十三次临时会议。会议通知已于 2025 年 10 月 23 日以电子邮件及书面方 式发出。会议应参加表决董事 12 人，实际参加表决董事 12 人。会议的召开及表决程 序符合《中华人民共和国公司法》及《公司章程》的有关规定。 会议 ...

Financial Performance - Total operating income for Q3 2025 was CNY 2,275,829, a decrease of 11.91% year-on-year[5] - Net profit for Q3 2025 reached CNY 1,189,993, a slight increase of 0.18% compared to the same period last year[5] - The bank's net profit for the first nine months of 2025 was RMB 14,504,048 thousand, compared to RMB 12,440,056 thousand in the same period last year, indicating a year-over-year increase of around 16.6%[40] - The total profit for Q3 2025 was CNY 1,380,468 thousand, an increase of 11.7% compared to CNY 1,235,578 thousand in Q3 2024[43] - The bank's total comprehensive income for the first nine months of 2025 was CNY 2,357,076 thousand, compared to CNY 3,307,017 thousand in the same period last year[43] Asset and Liability Management - Total assets as of September 30, 2025, amounted to CNY 509,919,998, reflecting a growth of 3.01% from the end of 2024[6] - Total assets increased to RMB 509,919,998 thousand, up from RMB 495,032,420 thousand year-over-year, representing a growth of approximately 3.8%[36] - Total liabilities rose to RMB 462,756,297 thousand, compared to RMB 453,921,297 thousand at the end of the previous year, marking an increase of about 1.8%[36] - Customer deposits reached RMB 335,178,953 thousand, an increase from RMB 326,672,898 thousand, reflecting a growth of approximately 2.5%[36] Capital and Liquidity - The capital adequacy ratio was reported at 15.38%, exceeding the regulatory requirement of 10.5%[14] - The bank's capital adequacy ratio improved to 12.5%, up from 11.8% year-over-year, indicating a stronger capital position[36] - The bank's net capital increased to CNY 45.516 billion as of September 30, 2025, up from CNY 39.290 billion at the end of 2024, reflecting a strong capital position[27] - The bank's qualified liquid assets amounted to CNY 75.823 billion, with a liquidity coverage ratio of 313.96%, significantly exceeding the regulatory requirement of 100%[24] - The bank's leverage ratio improved to 8.14% as of September 30, 2025, compared to 7.49% at the end of 2024, indicating enhanced capital efficiency[27] Loan and Credit Quality - The bank's non-performing loan ratio stood at 1.73%, down from 1.79% at the end of 2024[14] - The total amount of loans and advances reached CNY 268.121 billion, with a non-performing loan ratio of 1.73%, a slight decrease from 1.79% at the end of 2024[26] - The bank's credit impairment losses for the first nine months of 2025 were CNY 1,949,248 thousand, down from CNY 2,858,028 thousand in the same period last year[43] - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies[36] Income and Expenses - The bank's net interest income for the first nine months of 2025 reached CNY 5,294,590 thousand, up 2.3% from CNY 5,177,959 thousand in the same period last year[43] - Total operating expenses for the first nine months of 2025 were CNY 4,096,167 thousand, a decrease of 17.4% from CNY 4,964,102 thousand in the same period last year[43] - The bank's other income decreased by 45.18% to CNY 48.520 million due to reduced government subsidies related to interest rate swaps[29] Investment and Growth - Investment income for the first nine months of 2025 was CNY 1.574 billion, representing a 32.59% increase compared to CNY 1.187 billion in the same period of 2024[29] - The bank plans to expand its digital banking services and enhance customer experience through new technology initiatives[36] - The bank has increased its investment in financial technology, with a focus on developing new products to meet customer needs[36] - The bank is exploring potential mergers and acquisitions to enhance its market presence and operational efficiency[36] Shareholder Information - The number of ordinary shareholders reached 75,576, indicating a broad base of ownership and potential for shareholder engagement[31] - The bank's equity attributable to shareholders increased to RMB 47,155,803 thousand from RMB 40,747,140 thousand, representing a growth of approximately 15.5%[36] Cash Flow - The bank's cash flow from operating activities for the first nine months of 2025 was CNY 5,012,132, an increase of 156.09%[5] - Net cash flow from operating activities increased to ¥5,012,132 thousand, up from ¥1,957,157 thousand in the previous period, representing a growth of approximately 156%[45] - Total cash inflow from operating activities reached ¥33,926,456 thousand, compared to ¥30,833,816 thousand in the prior period, marking an increase of about 6.8%[45] - Cash outflow from operating activities was ¥28,914,324 thousand, slightly up from ¥28,876,659 thousand, indicating a marginal increase of 0.1%[45] - Cash inflow from investment activities totaled ¥134,294,594 thousand, down from ¥144,536,922 thousand, reflecting a decrease of approximately 7.1%[45] - The total cash and cash equivalents at the end of the period reached ¥25,673,854 thousand, up from ¥18,195,138 thousand, indicating a growth of approximately 41%[45]

Core Insights - The rural commercial bank sector experienced a slight increase of 0.03% on October 30, with Changshu Bank leading the gains [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Changshu Bank (601128) closed at 7.04, up 1.73% with a trading volume of 1,123,500 shares and a transaction value of 800 million yuan [1] - Other notable performances include: - Yunnan Rural Commercial Bank (601077) at 6.88, up 0.29% [1] - Wuxi Bank (600908) at 6.06, up 0.17% [1] - Jiangyin Bank (002807) at 4.79, down 0.21% [1] - Shanghai Rural Commercial Bank (601825) at 8.49, down 0.35% [1] Capital Flow - The rural commercial bank sector saw a net outflow of 21.47 million yuan from institutional investors, while retail investors contributed a net inflow of 18.53 million yuan [1] - Specific capital flows for selected banks include: - Jiangyin Bank (002807) with a net outflow of 29.87 million yuan from institutional investors [2] - Yunnan Rural Commercial Bank (601077) with a net inflow of 19.57 million yuan from institutional investors [2] - Shanghai Rural Commercial Bank (601825) with a significant net outflow of 23.35 million yuan from institutional investors [2]