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。 中 國 農 業 銀 行 股 份 有 限 公 司 AGRICULTURAL BANK OF CHINA LIMITED （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 股 份 有 限 公 司 ） （股份代號：1288） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 根據中華人民共和國的有關法律法規，中國農業銀行股份有限公司在上海證券交易所網 站刊登《中國農業銀行股份有限公司董事會決議公告》。 茲載列該公告如下，僅供參閱。 承董事會命 中國農業銀行股份有限公司 劉清 公司秘書 中國北京 2026年3月30日 於本公告日期，本行的執行董事為谷澍先生、王志恒先生、劉洪先生和林立先生；本行的非執行董事為 周濟女士、李蔚先生、劉曉鵬先生、張奇先生和張洪武先生；本行的獨立非執行董事為吳聯生先生、汪昌雲先生、 鞠建東先生、莊毓敏女士、張琦先生和王沛詩女士。 证券代码：601 ...

Core Insights - Agricultural Bank of China (ABC) is focusing on wealth management as a key strategy to align with the current trend of light capital transformation in the banking sector, emphasizing sustainable and stable returns as a pathway from scale expansion to value creation [1][2] Group 1: Wealth Management Strategy - ABC's wealth management business is driven by four main factors: value-driven approach centered on customer asset allocation, reform-driven initiatives leveraging a vast customer base and extensive network, organizational enhancements to improve research and service capabilities, and digital transformation utilizing AI and other technologies to enhance service efficiency [1] - The bank's private banking assets under management (AUM) have reached 3.65 trillion yuan, with wealth management product scale exceeding 2.2 trillion yuan, generating over 340 billion yuan in cumulative returns for investors [1] Group 2: Financial Performance - In 2025, ABC's wealth management revenue amounted to 35.7 billion yuan, with fee income reaching 25 billion yuan, showcasing strong resilience, balanced stability, and low volatility in overall business performance, marking a new growth driver for the bank [2]

报告编制说明 报告主体 本报告主体为中国农业银行股份有限公司及其子公司。 编制依据 本报告按照财政部等九部委联合发布的《企业可持续披露 准则——基本准则（试行）》及其应用指南、《企业可持续 披露准则第 1 号——气候（试行）》，上海证券交易所《上 海证券交易所上市公司自律监管指引第 14 号——可持续 发展报告（试行）》、《上海证券交易所上市公司自律监管指 南第 4 号——可持续发展报告编制》，国家金融监督管理总 局（原中国银保监会）《关于加强银行业金融机构社会责任 的意见》，中国银行业协会《中国银行业金融机构企业社 会责任指引》以及香港联合交易所《主板上市规则》附录 C2《环境、社会及管治报告守则》的要求编制。参照中国 人民银行《金融机构可持续信息披露指南（试用稿）》、全 球可持续发展标准委员会（GSSB）《可持续发展报告标准》 （GRI Standards）、联合国可持续发展目标（SDGs）。 报告原则 本报告遵循重要性、可靠性、相关性、可比性、可验证性、 可理解性、相称性、及时性、量化等原则。 重要性：本报告明确区分重要可持续信息与其他信息，综 合考虑本行所处行业和经营业务特点等，对可持续信息进 行适当 ...

Group 1 - The core viewpoint of the article emphasizes that the future differentiation among commercial banks will hinge on their risk management capabilities over the next 2 to 3 years [1] Group 2 - Agricultural Bank's Vice President Lin Li made this statement during the 2025 annual performance release [1]

Core Insights - Agricultural Bank is leveraging artificial intelligence (AI) to enhance its banking services and operations, establishing a dedicated office for smart banking initiatives and focusing on the development of an "AI+" capability system [1][3] Group 1: Achievements in Smart Banking - The bank has accelerated product service innovation, launching new financial products such as "Fei Shou Loan" for drone operators and "Ke Jie Loan" for technology finance, significantly increasing support for agriculture and inclusive finance [1] - As of the end of 2025, the balance of "Nong Yin e Loan" reached 6.8 trillion, representing an 18.7% increase from the previous year [1] - The bank has improved online service quality, maintaining industry-leading monthly active users on its mobile banking platform and launching the "Inclusive e Station 5.0" to enhance online service channels [1] Group 2: Intelligent Risk Control - The bank has strengthened credit risk management through advanced technologies such as GPS positioning and generative AI, enhancing the verification of customer authenticity and improving risk identification [2] - A centralized monitoring system has been developed to optimize risk control models for various customer segments, enabling efficient batch processing of potential risks [2] - The application of AI in anti-fraud and anti-money laundering efforts has shown significant improvement in effectiveness [2] Group 3: AI Empowerment and Efficiency - The bank has deepened the application of generative AI in intelligent customer service, reducing average call duration from 207 seconds to 176 seconds, thereby alleviating the workload of frontline staff [2] - Over 70% of data in investigation and review reports is now generated automatically, significantly reducing manual work for credit personnel [2] - The bank's enterprise-level AI digital assistant "Yi Ming" provides comprehensive support for frontline employees, including intelligent Q&A and marketing assistance [2] Group 4: Foundation for AI Applications - Agricultural Bank is systematically advancing AI applications by creating an AI application blueprint and capability map, establishing the "Nong Yin Zhi +" platform, and deploying multiple mainstream large models [3] - The bank is building a robust model matrix that covers various types and sizes, providing strong support for the large-scale application of AI [3] - Future plans include continuing the implementation of smart banking initiatives to enhance the precision, convenience, and inclusiveness of financial services [3]

Core Viewpoint - Agricultural Bank of China reported a continued "double positive growth" in net profit and operating income for the year 2025, indicating stable financial performance [1] Financial Performance - Net profit reached 292 billion yuan, representing a year-on-year increase of 3.3% [1] - Operating income totaled 725.3 billion yuan, with a year-on-year growth of 2.1% [1] Asset Quality - Non-performing loan (NPL) ratio stood at 1.27%, a decrease of 3 basis points from the previous year [1] - Overdue loan ratio was recorded at 1.25%, which is lower than the NPL ratio, reflecting strict asset quality assessment standards [1] - Loan provision balance remained above 1 trillion yuan, with a provision coverage ratio of 292.55%, indicating strong risk mitigation capability [1] Asset Scale - Total assets of Agricultural Bank of China amounted to 48.8 trillion yuan, with total loans of 27.13 trillion yuan, an increase of 2.23 trillion yuan [1] - Financial investments reached 16.3 trillion yuan, with an increase of 2.47 trillion yuan [1] - Total customer deposits stood at 38.69 trillion yuan, with an increase of 3.71 trillion yuan, showing improved deposit stability [1] - The foreign and domestic currency deposit deviation rate was 0.58%, the best among peers and consistently below 3% for seven consecutive quarters [1]

Core Viewpoint - Agricultural Bank demonstrated strong resilience in financial growth for 2025, achieving continuous positive growth in operating income and an increasing net profit growth rate, leading the industry for six consecutive years in net profit growth and reaching a historical high in operating income [1] Group 1: Financial Performance - The bank's operating income has shown positive growth for two consecutive years, with net profit growth accelerating year by year [1] - In the first two months of the year, the bank's entity loans increased by 1.1 trillion yuan, showing a year-on-year increase [3] - The net interest income growth rate has turned positive, indicating a potential turning point in the first quarter [3] Group 2: Growth Drivers - The bank aims to consolidate the positive growth of net interest income by enhancing the management of quantity and price, focusing on effective credit demand and optimizing asset structure [3] - There is a plan to actively expand non-interest income by leveraging consumer policy and capital market reforms, enhancing wealth management services, and optimizing investment strategies [3][4] Group 3: Risk and Cost Management - The bank emphasizes the importance of controlling credit risk in key areas, stabilizing asset quality, and reducing risk costs [4] - There is a focus on centralized and refined management to reduce unnecessary expenditures while achieving higher returns [4] Group 4: Strategic Outlook - The bank is committed to maintaining strategic determination, optimizing financial services, and continuing to enhance revenue while reducing costs to sustain the current positive development trend [5]

Core Viewpoint - Agricultural Bank emphasizes that risk management will be a critical differentiator for commercial banks in the next 2-3 years, as products and services may become increasingly homogeneous [1] Group 1: Risk Management Measures - Agricultural Bank reported a non-performing loan (NPL) ratio of 1.27% for 2025, a decrease of 3 basis points from the beginning of the year, and an overdue loan ratio of 1.25%, maintaining the best level among peers [1] - The bank's provision coverage ratio stands at 292.55%, with provision balances exceeding one trillion yuan, indicating strong risk mitigation capabilities [1] - The bank focuses on five key areas for risk management: prudent operation, systemic thinking, quality and efficiency in development, problem orientation, and bottom-line thinking [1] Group 2: Inclusive Retail Business Risk Control - The bank has established a tiered marketing system to promote new business models, focusing on local characteristics and industries to create tailored credit solutions [2] - A small loan approach has been adopted to enhance coverage and accessibility for inclusive retail customers while controlling overall risk within acceptable limits [2] - Unified credit management for personal customers is implemented, coordinating various financial products to prevent overlapping credit and excessive borrowing [2] Group 3: Technological Empowerment and Process Optimization - The bank has introduced a tool called "Agricultural Bank version of 'Lobster'" to automate data analysis and generate due diligence reports, streamlining the loan process [3] - A new mechanism has been established to separate loan approval processes, ensuring checks and balances while preventing the involvement of intermediaries in credit operations [3] - Technological advancements are leveraged to enhance risk control capabilities, utilizing AI and big data to improve the accuracy of risk models and preemptive alerts [3]

Core Viewpoint - Agricultural Bank of China emphasizes its commitment to high-quality development and risk prevention while achieving stable business growth and enhancing service to the real economy in its 2025 annual report [1][10]. Group 1: Business Performance - The bank's total loan balance reached 27.13 trillion yuan, an increase of 2.23 trillion yuan from the previous year [4][13]. - Personal, inclusive, and private enterprise loans exceeded 9 trillion yuan, 4 trillion yuan, and 7 trillion yuan respectively, leading the industry [4][13]. - The balance of "Huinong e-loan" reached 1.84 trillion yuan, quadrupling during the "14th Five-Year Plan" period [3][12]. Group 2: Service to Agriculture - The bank has reinforced its commitment to serving the agricultural sector, with county loans increasing by over 1 trillion yuan annually for four consecutive years, totaling 10.9 trillion yuan [3][12]. - The bank has developed a comprehensive service channel system, enhancing its ability to serve rural areas through various platforms [3][12]. - Loans in key areas such as food supply and rural construction grew by 20.3%, 19.5%, and 9.6% respectively, with growth rates in poverty alleviation counties exceeding the bank's average [3][12]. Group 3: Customer Service Enhancement - The bank has expanded its customer base to 896 million personal customers, managing financial assets of 24.7 trillion yuan, an increase of 2.4 trillion yuan from the previous year [5][15]. - The number of corporate customers reached 13.29 million, with an increase of 1.16 million, ranking high among peers [5][15]. - The bank has improved its service quality by diversifying its product offerings and enhancing customer protection measures [5][15]. Group 4: Innovation and Technology - The bank is advancing its smart banking initiatives, integrating data and AI applications to enhance operational efficiency [6][16]. - A robust AI capability system is being developed to support applications in credit, operations, and office management [6][16]. - The bank is focusing on automating and digitizing repetitive tasks to alleviate burdens on grassroots operations [7][16]. Group 5: Risk Management - The bank maintains a strong focus on risk prevention, with a non-performing loan rate of 1.27%, down by 0.03 percentage points from the previous year [8][17]. - A comprehensive risk management system is in place, ensuring that risk management practices are embedded throughout the organization [8][17]. - The bank is actively addressing risks in key areas such as real estate and local government debt [8][17].

Core Viewpoint - Agricultural Bank of China reported a steady growth in net profit and operating income for the year 2025, with net profit reaching 292 billion yuan, a year-on-year increase of 3.3%, and operating income at 725.3 billion yuan, up 2.1% [1] Financial Performance - The total assets of Agricultural Bank of China reached 48.8 trillion yuan by the end of 2025, with total loans amounting to 27.13 trillion yuan, an increase of 2.23 trillion yuan, reflecting a growth rate of 8.9% [1] - The total customer deposit balance was 38.69 trillion yuan, with an increase of 3.71 trillion yuan [1] - The non-performing loan ratio improved to 1.27%, a decrease of 3 basis points from the beginning of the year [1] - The bank proposed a final dividend of 1.300 yuan per 10 shares, totaling 45.498 billion yuan, maintaining a cash dividend ratio of 30% [1] Business Strategy - The bank's loan issuance in 2025 showed stable growth and structural optimization, focusing on four key areas: 1. Emphasizing support for "Three Rural Issues" and rural revitalization, including financial services for grain production and high-standard farmland construction [2] 2. Supporting domestic demand through major projects in transportation and energy, and expanding consumer finance in traditional and new consumption sectors [2] 3. Aiding the construction of a modern industrial system by providing financing for traditional industries and fostering new production capabilities through technological financial services [2] 4. Enhancing inclusive financial services for small and micro enterprises, while addressing residents' needs in housing, education, and healthcare [3]