Market Performance - The rural commercial bank sector increased by 1.58% on November 3, with Chongqing Rural Commercial Bank leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Individual Stock Performance - Chongqing Rural Commercial Bank (601077) closed at 7.14, up 3.18% with a trading volume of 856,500 shares and a transaction value of 606 million yuan [1] - Jiangyin Bank (002807) closed at 4.90, up 3.16% with a trading volume of 857,100 shares and a transaction value of 416 million yuan [1] - Wuxi Bank (600908) closed at 6.18, up 1.81% with a trading volume of 271,400 shares and a transaction value of 167 million yuan [1] - Other notable performances include Zhangjiagang Bank (002839) up 1.80% and Shanghai Rural Commercial Bank (601825) up 0.94% [1] Capital Flow Analysis - The rural commercial bank sector experienced a net outflow of 43.08 million yuan from institutional investors, while retail investors saw a net inflow of 35.81 million yuan [1] - The table indicates that Chongqing Rural Commercial Bank had a net inflow of 13.38 million yuan from institutional investors but a net outflow of 64.68 million yuan from retail investors [2] - Jiangyin Bank had a net inflow of 2.47 million yuan from retail investors despite a net outflow from institutional and speculative investors [2]

Core Insights - The recent disclosure evaluation results for listed banks in China for the 2024-2025 period show that all listed banks received ratings of B or above, with 22 banks rated A, indicating a strong performance in information disclosure [1] Summary by Category Overall Ratings - All listed banks achieved a rating of B or higher, with 22 banks rated A, reflecting consistent performance compared to the previous year [1] - Only six banks experienced rating changes, with five banks improving their ratings and one bank, Shanghai Bank, experiencing a downgrade [1] Banks with Rating Changes - The following banks improved their ratings: - Zhangjiagang Bank - Hangzhou Bank - Huaxia Bank - Everbright Bank - Zhejiang Commercial Bank [1] - Shanghai Bank was the only bank to see a downgrade in its rating [1] Detailed Ratings - A selection of banks and their ratings includes: - Ping An Bank: A - Ningbo Bank: A - Agricultural Bank of China: A - Industrial and Commercial Bank of China: A - Shanghai Bank: B (downgraded) [2]

Core Viewpoint - Qingdao Rural Commercial Bank demonstrates steady growth in its financial performance, with a focus on quality and risk management, supported by a dual-driven model of "policy + technology" [1][2] Financial Performance - In the first three quarters of 2025, Qingdao Rural Commercial Bank achieved an operating income of 8.028 billion yuan and a net profit attributable to shareholders of 3.318 billion yuan, reflecting a year-on-year increase of 114 million yuan, or 3.57% [1] - The total amount of loans and advances reached 268.122 billion yuan, an increase of 1.539 billion yuan, or 0.58% from the beginning of the year [1] - Total deposits increased to 335.179 billion yuan, up 8.506 billion yuan, or 2.60% from the beginning of the year [1] - The non-performing loan ratio decreased by 0.06 percentage points, indicating a reduction in both the non-performing loan ratio and balance [1] Policy Guidance - The bank aligns with national strategies to expand domestic demand, focusing on enhancing consumption as a core driver of economic growth [2] - Qingdao Rural Commercial Bank emphasizes its commitment to serving the real economy and supporting small and micro enterprises through innovative consumer finance and inclusive lending [2][3] Digital Transformation - The bank is undergoing a digital transformation, integrating technology and data to enhance service models and expand value boundaries [6] - It has implemented 16 innovative projects, including a risk control decision engine, and developed a comprehensive risk warning system with over 300 risk signals [7] - The bank's mobile banking users exceeded 2.87 million, and it has over 1,400 smart service windows in rural areas [7] Innovation in Financial Products - Qingdao Rural Commercial Bank has launched various innovative financial products, including "High-tech Loan 2.0" and "Foreign Trade Boost Loan," to support inclusive finance and expand its customer base [3][4] - The bank's international business transactions reached 55.24 billion USD, a year-on-year increase of 9.37% [4] Achievements in Technology and Data - The bank has received over 30 awards in the digital finance sector and holds multiple patents, showcasing its commitment to technological innovation [10] - It has improved data processing efficiency by 30% and integrated over 1,100 external data sources into its operations [9] Conclusion - Qingdao Rural Commercial Bank exemplifies how local financial institutions can leverage technology and data to enhance service delivery and support national economic strategies, positioning itself as a model for rural commercial banks across the country [11]

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]