智通财经APP讯，农业银行(01288)公布，中国农业银行股份有限公司2025 年总损失吸收能力非资本债 券(第三期)(债券通)于2025年11月27日簿记建档，于2025年12月1日发行完毕。本期债券发行总规模为人 民币200亿元，分为三个品种。其中品种一为4年期固定利率债券，发行规模为人民币140亿元，票面利 率为2.02%，在第3年末附有条件的发行人赎回权;品种二为6年期固定利率债券，发行规模为人民币30亿 元，票面利率为2.12%，在第5年末附有条件的发行人赎回权;品种三为11年期固定利率债券，发行规模 为人民币30亿元，票面利率为 2.50%，在第10年末附有条件的发行人赎回权。本期债券募集资金在扣除 发行费用后，将依据适用法律和主管部门的批准用于提升该行总损失吸收能力。 ...

本期债券于 2025 年 11 月 27 日簿记建档，于 2025 年 12 月 1 日发行完毕。本期债券发行总规模为人民币 200 亿元，分为三个 品种。其中品种一为 4 年期固定利率债券，发行规模为人民币 140 亿元，票面利率为 2.02%，在第 3 年末附有条件的发行人赎 回权；品种二为 6 年期固定利率债券，发行规模为人民币 30 亿 元，票面利率为 2.12%，在第 5 年末附有条件的发行人赎回权； 品种三为 11 年期固定利率债券，发行规模为人民币 30 亿元，票 面利率为 2.50%，在第 10 年末附有条件的发行人赎回权。 本期债券募集资金在扣除发行费用后，将依据适用法律和主 管部门的批准用于提升本行总损失吸收能力。 证券代码：601288 证券简称：农业银行 公告编号：临 2025-056 号 中国农业银行股份有限公司 关于2025年总损失吸收能力非资本债券（第三期） （债券通）发行完毕的公告 中国农业银行股份有限公司董事会及全体董事保证本公告内容不存在任 何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完 整性承担法律责任。 经相关监管机构批准，中国农业银行股份有限公司（ ...

Core Viewpoint - Agricultural Bank of China (ABC) announced the issuance of a total of RMB 20 billion in non-capital bonds to enhance its total loss-absorbing capacity, with the bonds being issued in three different maturities [1] Group 1: Bond Issuance Details - The total scale of the bond issuance is RMB 20 billion, divided into three types [1] - Type one is a 4-year fixed-rate bond with an issuance scale of RMB 14 billion and a coupon rate of 2.02%, featuring a conditional issuer call option at the end of the third year [1] - Type two is a 6-year fixed-rate bond with an issuance scale of RMB 3 billion and a coupon rate of 2.12%, featuring a conditional issuer call option at the end of the fifth year [1] - Type three is an 11-year fixed-rate bond with an issuance scale of RMB 3 billion and a coupon rate of 2.50%, featuring a conditional issuer call option at the end of the tenth year [1] Group 2: Use of Proceeds - The funds raised from this bond issuance, after deducting issuance costs, will be used to enhance the bank's total loss-absorbing capacity, subject to applicable laws and regulatory approvals [1]

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的內容概不負責，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的任何損失承擔任何責 任。 經相關監管機構批准，本行在全國銀行間債券市場發行「中國農業銀行股份有限公司2025 年總損失吸收能力非資本債券（第三期）（債券通）」（「本期債券」）。 本期債券於2025年11月27日簿記建檔，於2025年12月1日發行完畢。本期債券發行總規模 為人民幣200億元，分為三個品種。其中品種一為4年期固定利率債券，發行規模為人民 幣140億元，票面利率為2.02%，在第3年末附有條件的發行人贖回權；品種二為6年期固 定利率債券，發行規模為人民幣30億元，票面利率為2.12%，在第5年末附有條件的發行 人贖回權；品種三為11年期固定利率債券，發行規模為人民幣30億元，票面利率為 2.50%，在第10年末附有條件的發行人贖回權。 本期債券募集資金在扣除發行費用後，將依據適用法律和主管部門的批准用於提升本行 總損失吸收能力。 AGRICULTURAL BANK OF CHINA LIMITED 1288 關於20 ...

证券之星消息，12月1日国有大型银行板块较上一交易日下跌0.26%，农业银行领跌。当日上证指数报收 于3914.01，上涨0.65%。深证成指报收于13146.72，上涨1.25%。国有大型银行板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 601328 | 交通银行 | 7.69 | 1.32% | 202.42万 | | 15.51 Z | | 601658 | 邮储银行 | 5.70 | 0.35% | 153.14万 | | 8.70 Z | | 601988 | 中国银行 | 6.07 | 0.00% | 306.50万 | | 18.58 Z | | 666109 | 建设银行 | 9.65 | -0.10% | 86.85万 | | 8.35 Z | | 601398 | 工商银行 | 8.09 | -0.25% | 265.26万 | | 21.38 Z | | 601288 | 农业银行 | 7.99 | -0.62% | 244.58万 ...

Group 1: Dividend Indices - The China Securities Hong Kong Stock Connect Central Enterprises Dividend Index (931233.CSI) includes 50 stable dividend-paying stocks with high dividend yields, achieving a 1-year dividend yield of 5.70%, surpassing the 10-year government bond yield of 3.85 [1] - The Hang Seng Mainland Enterprises High Dividend Yield Index (HSMCHYI.HI) consists of high dividend stocks listed in Hong Kong, with a 1-year dividend yield of 5.34%, also higher than the 10-year government bond yield of 3.49 [1] - The Non-Standard S&P Hong Kong Stock Connect Low Volatility Dividend Index (SPAHLVHP.SPI) includes 50 high dividend low volatility stocks, with the Hong Kong Stock Connect Dividend Low Volatility ETF (159118) being the lowest fee ETF tracking this index [1] Group 2: Company Dividend Announcements - Agricultural Bank of China announced a dividend of RMB 0.1195 per share, with an ex-dividend date of December 5, 2025, and a payment date of January 26, 2026 [2] - Industrial and Commercial Bank of China declared a dividend of RMB 0.1414 per share, with an ex-dividend date of December 4, 2025, and a payment date of January 26, 2026 [2] - Changan Minsheng Logistics announced a dividend of HKD 0.05493 per share, with an ex-dividend date of December 2, 2025, and a payment date of January 30, 2026 [2] Group 3: Additional Company Dividends - Perfect Medical announced a dividend of HKD 0.076 per share, with an ex-dividend date of December 12, 2025, and a payment date of December 31, 2025 [3] - Chongqing Bank declared a dividend of HKD 0.185075283 per share, with an ex-dividend date of December 2, 2025, and a payment date of January 16, 2026 [3] - Yihe Holdings announced a dividend of HKD 0.15 per share, with an ex-dividend date of December 12, 2025, and a payment date of December 31, 2025 [3] Group 4: Other Company Dividends - Huaxin Handbag International Holdings declared an interim dividend of HKD 0.04 and a special dividend of HKD 0.02 per share, with an ex-dividend date of December 15, 2025, and a payment date of January 9, 2026 [4] - Tianli International Holdings announced a dividend of HKD 0.0429 per share, with an ex-dividend date of February 4, 2026, and a payment date of February 27, 2026 [4] - China Keyway announced a dividend of HKD 0.06 per share, with an ex-dividend date of July 31, 2026, and a payment date of August 21, 2026 [4]

Group 1: Dividend Indices - The China Securities Central Enterprises Dividend Index (931233.CSI) includes 50 stable dividend-paying stocks controlled by central enterprises, with a one-year dividend yield of 5.70%, surpassing the 10-year government bond yield of 3.85. The largest investment vehicle tracking this index is the Central Enterprises Dividend ETF (513910) [1] - The Hang Seng High Dividend Yield Index (HSMCHYI.HI) consists of high dividend stocks from mainland companies listed in Hong Kong, with a one-year dividend yield of 5.34%, also higher than the 10-year government bond yield of 3.49. The only ETF tracking this index is the Hang Seng Dividend ETF (159726) [1] - The Non-Standard Poor's Hong Kong Low Volatility Dividend Index (SPAHLVHP.SPI) includes 50 high dividend low volatility stocks listed in Hong Kong, with the Hong Kong Dividend Low Volatility ETF (159118) being the lowest fee ETF tracking this index [1] Group 2: Company Dividend Announcements - Agricultural Bank of China announced a dividend of RMB 0.1195 per share, with an ex-dividend date of December 5, 2025, and a payment date of January 26, 2026. It is part of the 931233.CSI and HSMCHYI.HI indices [2] - Industrial and Commercial Bank of China declared a dividend of RMB 0.1414 per share, with an ex-dividend date of December 4, 2025, and a payment date of January 26, 2026. It is included in the 931233.CSI, HSMCHYI.HI, and SPAHLVHP.SPI indices [2] - Changan Minsheng Logistics announced a dividend of HKD 0.05493 per share, with an ex-dividend date of December 2, 2025, and a payment date of January 30, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [2] - Perfect Medical declared a dividend of HKD 0.076 per share, with an ex-dividend date of December 12, 2025, and a payment date of December 31, 2025. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [3] - Chongqing Bank announced a dividend of HKD 0.185075283 per share, with an ex-dividend date of December 2, 2025, and a payment date of January 16, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [3] - Yihe Holdings declared a dividend of HKD 0.15 per share, with an ex-dividend date of December 12, 2025, and a payment date of December 31, 2025. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [3] - Huaxin Handbag International Holdings announced a mid-term dividend of HKD 0.04 per share and a special dividend of HKD 0.02 per share, with an ex-dividend date of December 15, 2025, and a payment date of January 9, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [4] - Tianli International Holdings declared a dividend of HKD 0.0429 per share, with an ex-dividend date of February 4, 2026, and a payment date of February 27, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [4] - China Kapei announced a dividend of HKD 0.06 per share, with an ex-dividend date of July 31, 2026, and a payment date of August 21, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [4] - Gaosheng Group Holdings declared a dividend of HKD 0.005 per share, with an ex-dividend date of December 11, 2025, and a payment date of January 9, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [5] - Zhonghui Group announced a dividend of HKD 0.074 per share, with an ex-dividend date of March 20, 2026, and a payment date of May 29, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [6] - Yingtong Holdings declared a mid-term dividend of HKD 0.046 per share and a special dividend of HKD 0.034 per share, with an ex-dividend date of December 11, 2025, and a payment date of December 30, 2025. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [6] - Yongfa Properties announced a dividend of HKD 0.02 per share, with an ex-dividend date of December 17, 2025, and a payment date of January 9, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [6] - Sihai Group declared a dividend of HKD 0.03 per share, with an ex-dividend date of December 15, 2025, and a payment date of January 16, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [7] - China Gas announced a dividend of HKD 0.15 per share, with an ex-dividend date of January 5, 2026, and a payment date of February 6, 2026. It is part of the HSMCHYI.HI and SPAHLVHP.SPI indices [7] - China Water announced a dividend of HKD 0.13 per share, with an ex-dividend date of May 22, 2026, and a payment date of June 18, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [7] - Xinxing Group declared a dividend of HKD 0.02 per share, with an ex-dividend date of December 31, 2025, and a payment date of January 28, 2026. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [8] - Huitai Textile announced a dividend of HKD 0.05 per share, with an ex-dividend date of December 11, 2025, and a payment date of December 30, 2025. It is not part of the 931233.CSI, HSMCHYI.HI, or SPAHLVHP.SPI indices [8]

Core Viewpoint - The Agricultural Bank of China is actively supporting the consolidation of poverty alleviation achievements and the effective connection with rural revitalization, with a focus on financial assistance and innovative service models to enhance rural development and prevent large-scale poverty recurrence [2][3][4]. Group 1: Financial Support and Loan Balances - As of September 2025, the Agricultural Bank has a loan balance of 2.52 trillion yuan in 832 poverty-stricken counties, with 481.2 billion yuan in 160 key rural revitalization counties, maintaining a growth rate higher than the bank's average loan growth [2]. - The bank has provided a cumulative loan balance of 6.033 trillion yuan for targeted poverty alleviation, supporting nearly 920,000 impoverished individuals in production development and creating job opportunities for about 3.8 million people [4]. Group 2: Innovative Service Models - The bank has implemented the "Financial Village Director" model, appointing 45,000 directors to connect with local communities, provide financial education, and facilitate loan access through the "e-push customer" app, benefiting 6.16 million rural households with over 450 billion yuan in loans [3][4]. - In Inner Mongolia, the "Financial Village Director" model has been adopted in 82 administrative villages and 33 communities, resulting in 4,400 loan recommendations totaling 1.1 billion yuan [4]. Group 3: Targeted Loan Products - The "Rich People Loan" product has been instrumental in providing financial support to farmers, with a balance of 129.2 billion yuan, helping 1.41 million households improve their livelihoods [4][5]. - Since the launch of the "Rich People Loan," the Qinghai branch has issued over 12.9 billion yuan in loans, benefiting approximately 66,000 farmers and herders [5]. Group 4: Infrastructure and Public Services - The bank has increased financial support for infrastructure projects in key rural revitalization counties, with a loan balance exceeding 290 billion yuan, representing a growth of over 170% since 2021 [7]. - In Guizhou, the bank has provided 436 million yuan in credit support for public service facilities in 20 resettlement sites, benefiting 154,000 relocated individuals [7]. Group 5: Comprehensive Assistance and Collaboration - The Agricultural Bank has engaged in multi-faceted cooperation to enhance comprehensive assistance, providing financial services for 324 East-West cooperation projects with a total loan issuance of 12 billion yuan since 2021 [9]. - The bank's "Agricultural Bank Mall" model has facilitated over 10 billion yuan in consumption assistance for poverty-stricken areas, recognized as a national model for rural revitalization [9].

Core Insights - The "Hundred Million Project" is being effectively implemented in Meizhou, Guangdong, with Agricultural Bank of Meizhou Branch focusing on serving this initiative to promote local economic development through financial empowerment [1][2]. Group 1: Financial Support for Local Industries - Agricultural Bank of Meizhou Branch is targeting financial needs of local industries, particularly in advanced manufacturing sectors such as copper foil and automotive parts, to strengthen the county's economic foundation [2][3]. - The bank successfully provided a 10 million yuan "credit + guarantee" working capital loan to Meizhou Jinyou Kang Health Industry Technology Co., addressing their financing challenges due to lack of collateral [2]. Group 2: Support for Agricultural Development - The bank has established a comprehensive financial service system covering the entire agricultural value chain, including planting, processing, storage, marketing, and cold chain logistics, to enhance local specialty products [3]. - A case study of a local grapefruit farmer illustrates the bank's commitment to rural revitalization, as they provided a 200,000 yuan unsecured loan to support agricultural upgrades, significantly boosting the farmer's income prospects [4][5]. Group 3: Innovative Financial Services - Agricultural Bank of Meizhou Branch is innovating its services to meet diverse financial needs, establishing a "green channel" for credit approval to enhance efficiency for key projects and clients [7]. - The bank is also expanding its outreach through mobile banking and a rural financial service team, allowing farmers to access various banking services conveniently [7]. Group 4: Future Plans - The bank plans to continue increasing credit investments and optimizing financial service quality to further integrate into the "Hundred Million Project" [8].

Core Insights - Automotive finance is a crucial component of the automotive industry ecosystem, serving as a key "lubricant" that supports the entire production to consumption chain [1] - The China Agricultural Bank is committed to enhancing collaboration across three dimensions to empower high-quality development in the automotive industry [1] Group 1 - Automotive finance provides essential funding for both vehicle manufacturers and consumers, facilitating the transition from scale expansion to structural upgrades in the industry [1] - Financial institutions are innovating differentiated products in response to changing consumer demands and government policies, effectively lowering the barriers to vehicle purchases [1] - The China Agricultural Bank aims to align with national strategies, enhance bank-enterprise integration, and deepen inter-industry collaboration to meet the diverse financial needs of the automotive sector [1] Group 2 - The China Agricultural Bank will play a significant bridging role by collaborating with industry peers in areas such as financial technology, product innovation, and risk prevention [2] - The bank seeks to establish a regular cooperation mechanism to break down industry barriers and data silos, promoting resource sharing and complementary advantages [2] - The goal is to create a more dynamic consumer finance ecosystem that offers timely, convenient, and precise financial services [2]