中国银行股份有限公司 关于召开2025年第二次临时股东大会的通知 中国银行股份有限公司（简称"中国银行"或"本行"）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。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2025年第二次临时股东大会 证券代码：601988 证券简称：中国银行 公告编号：临 2025-054 (二) 股东大会召集人 本行董事会 (三) 投票方式 现场投票和网络投票相结合 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 7 月 18 日 9 点 30 分 召开地点：中国北京市西城区复兴门内大街 1 号中国银行总行大 厦 (五) 网络投票的系统、起止日期和投票时间 1 采用上海证券交易所网络投票系统，通过交易系统投票平台的投 票时间为股东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30， 13:00-15:00；通过互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票 ...

Economic Outlook - The report projects a GDP growth of approximately 5% for China in the third quarter and for the entire year of 2025 [1][2] - In the first half of 2025, China's GDP is expected to grow around 5.4%, with a stable performance in domestic demand and better-than-expected exports [2] Policy Measures - The report emphasizes the need for macroeconomic policies to be more effective, focusing on demand-side measures and accelerating the implementation of existing policies [2] - There is significant room for fiscal and monetary policy to support economic stability, with an emphasis on enhancing consumption potential and addressing external risks [2] Banking Sector Performance - The global banking industry is facing pressure with a weak economic recovery, but emerging industries like artificial intelligence are providing new support for profitability [3] - Chinese commercial banks are expected to maintain a low non-performing loan (NPL) ratio, projected at 1.51% in Q1 2025, down 0.08 percentage points year-on-year [3] Asset and Liability Growth - The report anticipates that the asset and liability growth rate for Chinese banks will remain around 7.5% in Q3 2025, driven by investments in technology finance, green finance, and inclusive finance [4] - The support from banks to the real economy is expected to continue, with loan and deposit growth driving overall asset and liability scale [4]

Core Insights - The report from the Bank of China Research Institute indicates that the net interest margin (NIM) of Chinese commercial banks is expected to be 1.43% in Q1 2025, a year-on-year decrease of 0.11 percentage points, marking a historical low [1] - However, the downward trend in NIM is expected to ease compared to the same period in 2024, with pressures on interest income anticipated to persist in the first three quarters of 2025 but with some alleviation [1] Group 1: Factors Affecting Net Interest Margin - The decline in NIM is attributed to several factors: the adjustment of the Loan Prime Rate (LPR) leading to the repricing of existing loans, the orderly resolution of implicit debt, and weakened demand increasing pricing pressure on bank assets [2] - Positive factors contributing to alleviating the downward pressure on NIM include major banks reducing deposit rates, with significant cuts in both current and fixed deposit rates in May 2025 [2] Group 2: Loan Rates and Trends - The weighted average interest rate for new corporate loans in March 2025 was 3.26%, down 0.47 percentage points year-on-year, while the rate for new personal housing loans was 3.13%, down 0.56 percentage points year-on-year [1] - The report suggests that the pricing of new loans is stabilizing, indicating a potential shift in the interest rate environment [1] Group 3: Profitability Outlook - It is projected that the net profit and operating income of commercial banks in the first three quarters of 2025 will remain largely unchanged compared to the same period in 2024 [3]

Economic Outlook - The report from the Bank of China Research Institute highlights that despite improvements in China's ability to handle internal and external risks, the economy still faces significant uncertainties and instabilities in the second half of the year [1] Consumer Growth - The main support for consumer growth in the second half is expected to come from effective policy measures and the release of service consumption potential [2] - From 2013 to 2024, per capita service consumption expenditure in China is projected to increase from 50,000 yuan to 130,000 yuan, driven by rising living standards and demographic changes [3] - However, the automotive sector, which has a significant share in consumption, is facing pressure due to a wave of price cuts from major brands, potentially dampening consumer sentiment [4] Real Estate Investment - The government is expected to introduce more supportive policies for the real estate market to stabilize expectations and activate demand [5] - Despite these efforts, the report indicates that the willingness and ability of real estate companies to expand investment remain limited, with a projected year-on-year decline in real estate development investment of approximately 10.8% [7] Export Trends - The demand from emerging economies is anticipated to support China's exports, with the share of exports to Belt and Road Initiative countries increasing from 26.9% in 2015 to 50.1% in 2025 [8] - However, challenges such as slowing global economic growth and high tariffs from the U.S. may lead to a potential decline in export growth [8] Price Levels - The core Consumer Price Index (CPI) is expected to remain low, with a projected year-on-year decline of 0.2% in the third quarter and an annual increase of only 0.1% [9] - The Producer Price Index (PPI) is also forecasted to decline by 2.5% in the third quarter and 2.4% for the year, reflecting weak demand in traditional sectors [9][10] Overall Economic Growth - The report anticipates that overall economic growth in the second half will be lower than in the first half, with GDP growth projected at 5% and 4.6% for the third and fourth quarters, respectively, leading to an annual growth rate of around 5% [10]

Group 1 - The core viewpoint of the news is that China Bank Shanxi Branch successfully implemented the first stock repurchase and increase loan for a private listed company in Shanxi Province, providing a special loan of 50 million yuan to support the company's stock repurchase plan, thereby invigorating the capital market [1][2] - Following the issuance of policies such as the "Notice on the Establishment of Stock Repurchase and Increase Re-loan Matters," China Bank Shanxi Branch quickly formed a dedicated service team to address the needs of enterprises, conducting in-depth research on the challenges faced during the stock repurchase and increase process [1][2] - The bank approved a loan limit of 90 million yuan for stock repurchase and increase, demonstrating the efficiency of internal collaboration and the rapid transformation of policy benefits into practical development outcomes [1][2] Group 2 - The successful implementation of this loan not only exemplifies China Bank Shanxi Branch's commitment to serving the real economy and supporting the development of private enterprises but also establishes a "Shanxi model" for enhancing the inherent stability of the capital market [2] - China Bank Shanxi Branch has emphasized the importance of services for listed companies, launching a comprehensive service guide that integrates quality financial resources to meet diverse needs, including market value management and merger consulting [2] - The bank aims to continue playing a leading role in serving the real economy and providing solid financial support for establishing a long-term mechanism for the inherent stability of the capital market, while ensuring compliance with regulatory requirements through a robust risk control system [2]

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies within it [5]. Core Insights - Stablecoins have gained significant traction, with a market cap exceeding USD 250 billion, primarily backed by USD, and are seen as a stable store of value and a tool for low-cost global transactions [2][3] - Recent regulatory developments in jurisdictions like Hong Kong and the US aim to establish frameworks for stablecoin issuance, focusing on licensing, reserve backing, and preventing interest payments to holders [3][4] - Hong Kong is positioning itself as a testing ground for stablecoins, particularly in the context of RMB internationalization, with initiatives to pilot RMB-backed stablecoins in offshore markets [4] Summary by Sections Stablecoin Market Dynamics - The stablecoin market has grown rapidly since the introduction of USDT in 2014, with over 95% of stablecoins being USD-backed, facilitating continuous and low-cost transactions [2] - The potential for stablecoins to disrupt cross-border payments is significant, with estimates suggesting costs could be reduced by 90% and transactions completed within 10 seconds [7] Regulatory Landscape - The Hong Kong Stablecoins Ordinance, effective August 1, 2025, mandates licensing for issuers and requires a 1:1 reserve backing with liquid assets [3] - The US Senate's GENIUS Act emphasizes similar principles, aiming to balance innovation with security in the stablecoin space [3] Implications for Traditional Finance - Stablecoins pose a potential threat to traditional financial systems, particularly in cross-border payments and deposit flows, although the immediate impact is limited given the current market size [7][8] - Major banks are proactively exploring stablecoin issuance to maintain competitiveness, with examples including Societe Generale and Standard Chartered planning to launch their own stablecoins [8]

特此公告 中国银行股份有限公司董事会 二○二五年六月三十日 证券代码：601988 证券简称：中国银行 公告编号：临 2025-051 中国银行股份有限公司关于董事 张建刚先生、崔世平先生退任的公告 中国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。 因任期届满，自 2025 年 6 月 30 日起，张建刚先生不再担任中国 银行股份有限公司（简称"本行"）非执行董事、董事会战略发展委 员会委员、审计委员会委员职务。 因任期届满，自 2025 年 6 月 30 日起，崔世平先生不再担任本行 独立非执行董事、董事会人事和薪酬委员会主席及委员、企业文化与 消费者权益保护委员会委员、风险政策委员会委员、关联交易控制委 员会委员职务。 张建刚先生和崔世平先生均已确认其与本行董事会无不同意见， 亦没有任何其他事项需要通知本行股东。本行董事会对张建刚先生和 崔世平先生任职期间对本行做出的贡献表示感谢。 ...

证券代码：601988 证券简称：中国银行 公告编号：临 2025-052 中国银行股份有限公司 关于首席信息官孟茜女士离任的公告 二、 离任对本行的影响 孟茜女士已确认其与本行董事会无不同意见，亦没有任何其他事 项需要通知本行股东，并已按照有关要求做好交接工作。 本行董事会对孟茜女士任职期间对本行做出的贡献表示感谢。 特此公告 中国银行股份有限公司董事会 二○二五年六月三十日 一、 离任的基本情况 姓名 离任职务 离任时间 原定任期 到期日 离任原因 是否继续在上 市公司及其控 股子公司任职 具体职务 （如适用） 是否存在 未履行完 毕的公开 承诺 孟茜 首席 信息官 2025 年 6 月 30 日 - 年龄原因 否 - 否 中国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。 中国银行股份有限公司（简称"本行"）董事会收到孟茜女士的 辞呈。孟茜女士因年龄原因，辞去本行首席信息官职务。该辞任自 2025 年 6 月 30 日起生效。 ...

表决情况：四票同意，零票反对，零票弃权。 证券代码：601988 证券简称：中国银行 公告编号：临 2025-053 中国银行股份有限公司监事会决议公告 中国银行股份有限公司监事会及全体监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。 中国银行股份有限公司（简称"本行"）监事会以书面议案方式 召开会议。本行监事会会议通知于 2025 年 6 月 25 日通过书面及电子 邮件方式送达至本行所有监事，表决截止日为 2025 年 6 月 30 日。会 议应当参加表决的监事 4 名，实际参加表决的监事 4 名。会议召开情 况符合《中华人民共和国公司法》及《中国银行股份有限公司章程》 的相关规定。会议表决通过了如下议案： 1.《监事会关于本行薪酬管理情况的监督评价意见》 2《. 监事会关于本行从业人员行为管理履职情况的监督评价意见》 表决情况：四票同意，零票反对，零票弃权。 3.《监事会关于本行数据治理管理履职情况的监督评价意见》 表决情况：四票同意，零票反对，零票弃权。 特此公告 中国银行股份有限公司监事会 二○二五年六月三十日 ...

董事名單與其角色和職能 中國銀行股份有限公司董事會（「董事會」）成員載列如下： 董事長 葛海蛟 副董事長、行長 張輝 執行董事 劉進 VC 有關委員會的副主席 M 有關委員會的委員 非執行董事 張勇 黃秉華 劉輝 師永彥 樓小惠 李子民 獨立非執行董事 廖長江 讓•路易•埃克拉 喬瓦尼•特里亞 劉曉蕾 張然 1 董事會設立6個委員會。下表提供各董事會成員在這些委員會中所擔任的職位： | | 委員會 | | 企業文化與 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 戰略發展 | 消費者權益 | | 風險政策 | 人事和薪酬 | 關聯交易 | | 董事 | | 委員會 | 保護委員會 | 審計委員會 | 委員會 | 委員會 | 控制委員會 | | 葛海蛟 | | C | | | | | | | 張輝 | | M | | | | | | | 劉進 | | M | M | | | | | | 張勇 | | M | | M | C | | | | 黃秉華 | | | C | | M | M | | | 劉輝 | | M | | | M ...