Core Insights - The new display industry in Anhui Province is projected to account for 10% of global capacity in 2024, with revenue reaching nearly 75 billion yuan in the first half of this year, marking a year-on-year growth of 9.8% and contributing nearly 30% to the electronic information manufacturing sector [1] Group 1: Industry Development - The new display industry has become a significant driver of high-quality development in Anhui Province [1] - Financial support from institutions like the Bank of Communications has been crucial in facilitating the growth of the new display industry through technology innovation and advanced manufacturing [1] Group 2: Company Case Study - Yingri Technology - Yingri Technology has increased its R&D investment, enhancing the purity of target materials and reducing production costs through technological upgrades [2] - The company has established stable partnerships with leading firms in the display sector, such as BOE, and is projected to achieve revenue exceeding 646 million yuan in 2024 [2] - Yingri Technology's growing scale has led to increased funding needs for raw materials, technological innovation, and equipment updates [2] Group 3: Financial Support Initiatives - The Bank of Communications provided a 40 million yuan unsecured comprehensive credit approval to Yingri Technology in early 2023, addressing the funding challenges faced by tech enterprises [3] - The bank has implemented an "active credit" model to support tech companies, offering products like "talent loans" and "R&D loans" to alleviate financing difficulties [3][4] - The bank aims to enhance its support for tech enterprises by establishing a network of specialized branches and implementing a full lifecycle service model [4] Group 4: Growth Partnerships - The Bank of Communications has signed growth partnership agreements with over 1,000 tech companies, issuing loans totaling nearly 6.7 billion yuan as of the first half of this year [5]

Investment Rating - The investment rating for the company is "Outperform the Market" [6][4][10] Core Views - The company's revenue and profit growth rates have rebounded, with total revenue and net profit for the first three quarters of 2025 reaching 199.645 billion yuan and 69.994 billion yuan, respectively, reflecting year-on-year growth of 1.80% and 1.90% [1] - The company's asset growth remains stable, with total assets increasing by 6.2% year-on-year to 15.50 trillion yuan as of September 2025 [2] - The net interest margin has narrowed its decline, with a reported net interest margin of 1.20% for the first nine months, down 1 basis point from the second quarter [3] - The overall asset quality is stable, with a non-performing loan ratio of 1.26% as of September, showing improvement from the previous quarter [3] Summary by Sections Revenue and Profit Performance - For the first three quarters of 2025, the company achieved revenue of 1996.45 billion yuan and net profit of 699.94 billion yuan, with growth rates of 1.80% and 1.90% year-on-year, respectively [1] - In Q3 alone, revenue was 662.77 billion yuan, up 3.92% year-on-year, and net profit was 239.78 billion yuan, an increase of 2.46% [1] Asset Growth - As of September 2025, total assets grew by 6.2% year-on-year to 15.50 trillion yuan, with loans (excluding accrued interest) increasing by 7.5% to 9.07 trillion yuan [2] - The company added 516.3 billion yuan in new credit in the first three quarters, with corporate loans increasing by 415.4 billion yuan [2] Interest Income and Non-Interest Income - The net interest income for the first three quarters was 1286.48 billion yuan, reflecting a year-on-year increase of 1.5% [3] - Non-interest income from fees and commissions was 293.98 billion yuan, showing a slight year-on-year increase of 0.15%, while other non-interest income surged by 25.4% to 255.85 billion yuan [3] Asset Quality - The non-performing loan ratio improved to 1.26% as of September, down 2 basis points from June, and the provision coverage ratio increased to 209.97% [3] - The company’s core tier 1 capital adequacy ratio stood at 11.37%, slightly down by 0.05 percentage points from June [2] Profit Forecast and Valuation - The profit forecast for the company has been slightly adjusted upwards, with expected net profits for 2025-2027 at 95.683 billion yuan, 98.849 billion yuan, and 103.224 billion yuan, respectively [4] - The current stock price corresponds to a PE ratio of 7.1 for 2025, with a PB ratio of 0.61 [4][5]

智通财经APP讯，交通银行(601328.SH)披露2025年第三季度报告，公司前三季度实现营收1996.45亿 元，同比增长1.80%;归母净利润699.94亿元，同比增长1.9%;扣非净利润695.72亿元，同比增长2.07%;基 本每股收益0.80元。 ...

Core Viewpoint - The article provides an overview of the financial performance and operational metrics of Bank of Communications, highlighting its position in the industry and recent trends in revenue and profit growth. Group 1: Financial Performance - In Q3 2025, Bank of Communications reported revenue of 199.645 billion, ranking 6th in the industry, with the top performer, Industrial and Commercial Bank of China, generating 640.028 billion [2] - The net profit for the same period was 70.913 billion, also ranking 6th, with the leading bank achieving a net profit of 271.882 billion [2] - The bank's main business segments include corporate finance (64.594 billion, 48.43%), personal finance (49.573 billion, 37.17%), and funding business (18.589 billion, 13.94%) [2] Group 2: Financial Ratios - As of Q3 2025, the bank's debt-to-asset ratio was 91.67%, slightly down from 92.19% year-on-year, and below the industry average of 92.36% [3] - The gross profit margin was reported at 37.58%, an increase from 37.11% year-on-year, but still lower than the industry average of 43.66% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 24.78% to 292,400, while the average number of shares held per shareholder decreased by 19.86% to 89,200 [5] - Major shareholders include China Securities Finance Corporation, holding 1.892 billion shares, and Hong Kong Central Clearing Limited, holding 1.021 billion shares, with the latter reducing its holdings by 375 million shares [5] Group 4: Management Compensation - The chairman of Bank of Communications, Ren Deqi, received a salary of 944,600 in 2024, a decrease of 189,800 from 2023 [4] Group 5: Future Outlook - Analysts expect the bank's net profit for 2025-2027 to be 93.4 billion, 96.5 billion, and 100.5 billion respectively, with projected year-on-year growth rates of -0.2%, 3.3%, and 4.1% [6] - The bank's asset quality remains stable, with a decrease in non-performing loan rates and an increase in provision coverage [6]

北京商报讯（记者 宋亦桐）10月30日，交通银行发布2025年三季度报告，数据显示，2025年1—9月， 该行实现营业收入1996.45亿元，同比增长1.80%；实现净利润（归属于母公司股东）699.94亿元，同比 增长1.90%；年化平均资产回报率和年化加权平均净资产收益率分别为0.62%和8.48%，同比分别下降 0.03个百分点和下降0.58个百分点。 资产质量方面，截至报告期末，交通银行不良贷款余额1145.51亿元，较上年末增加28.74亿元，增幅 2.57%；不良贷款率1.26%，较上年末下降0.05个百分点；拨备覆盖率209.97%，较上年末上升8.03个百 分点；拨备率2.65%，较上年末上升0.01个百分点。 细分来看，2025年1—9月，交通银行实现利息净收入1286.48亿元，同比增加18.52亿元，增幅1.46%； 在营业收入中的占比64.44%，同比下降0.21个百分点。2025年1—9月，交通银行净利息收益率1.20%， 同比下降8个基点。 ...

股票代码：601328 股票简称：交通银行 编号：临 2025-069 交通银行股份有限公司 第十一届董事会第二次会议决议公告 交通银行股份有限公司（以下简称"交通银行"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。 一、董事会会议召开情况 本行第十一届董事会第二次会议于 2025 年 10 月 30 日以现场和视频相结合 的方式，在上海和北京召开。任德奇董事长主持会议。会议应出席董事 15 名， 亲自出席董事 13 名，殷久勇执行董事、艾栋非执行董事因公务原因无法出席会 议，分别书面委托任德奇董事长、穆国新非执行董事代为参会。部分高管列席会 议。会议召开符合《中华人民共和国公司法》和《交通银行股份有限公司章程》 的规定。 二、董事会会议审议情况 （一）关于 2025 年第三季度报告及业绩公告的决议 会议审议批准了《关于 2025 年第三季度报告及业绩公告的议案》，同意按照 有关监管规定予以公开披露。 6 名独立董事发表如下独立意见：同意。 （同意 15 票，反对 0 票，弃权 0 票） 1 该议案已经董事会审计委员会 ...

Core Insights - The company reported a third-quarter revenue of 66.277 billion yuan, representing a year-on-year growth of 3.92% [1] - The net profit attributable to shareholders for the third quarter was 23.978 billion yuan, showing a year-on-year increase of 2.46% [1] - For the first three quarters, the company achieved a total revenue of 199.645 billion yuan, with a year-on-year growth of 1.80% [1] - The net profit attributable to shareholders for the first three quarters reached 69.994 billion yuan, reflecting a year-on-year increase of 1.90% [1]

交通银行股份有限公司募集资金管理办法 （2025 年修订） 第一章 总则 第一条 为规范交通银行股份有限公司（以下简称"本 公司"）募集资金的管理和使用，最大限度地保障投资者的 利益，保证募集资金的安全，提高募集资金的使用效率， 根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司证券发行注册管理办法》《上市公司募集资金监 管规则》《上海证券交易所股票上市规则》《上海证券交易 所上市公司自律监管指引第 1 号——规范运作》等有关法 律、法规和《交通银行股份有限公司章程》的相关规定， 并结合本公司的实际情况，制定本办法。 第二条 本办法适用于本公司通过发行股票或者其他 具有股权性质的证券，向投资者募集并用于特定用途的资 金监管，但不包括本公司为实施股权激励计划募集的资金 监管。 第三条 本公司应按照信息披露的募集资金用途和股 东会、董事会决议及审批程序使用募集资金，并按要求披露 募集资金的使用情况。 第二章 募集资金存储 第四条 募集资金应当存放于经董事会批准设立的专 项账户集中管理。募集资金专户不得存放非募集资金或用 作其它用途。 — 1 — 第五条 本公司应当在募集资金到账后一个月内与保 荐人或 ...

Core Insights - The core viewpoint of the article is that Bank of Communications has reported its financial performance for the third quarter of 2025, showing modest growth in both revenue and net profit compared to the previous year [1] Financial Performance Summary - In the third quarter, the company achieved an operating income of 66.277 billion yuan, representing a year-on-year increase of 3.92% [1] - The net profit attributable to shareholders of the parent company for the third quarter was 23.978 billion yuan, reflecting a year-on-year growth of 2.46% [1] - For the first three quarters of 2025, the total operating income reached 199.645 billion yuan, which is a year-on-year increase of 1.80% [1] - The net profit attributable to shareholders of the parent company for the first three quarters was 69.994 billion yuan, showing a year-on-year growth of 1.90% [1]

交通银行股份有限公司（以下简称"交通银行"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。 股票代码：601328 股票简称：交通银行 交通银行股份有限公司 2025 年第三季度报告 重要内容提示： 本行董事会及董事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 本行第十一届董事会第二次会议于 2025 年 10 月 30 日审议批准了本行及 附属公司（"本集团"）2025 年第三季度报告。 本行负责人任德奇先生、主管会计工作负责人周万阜先生及会计机构负 责人马泽泉先生保证季度报告中财务信息的真实、准确、完整。 本季度报告中的财务报表未经审计。 一、主要财务数据 （一）主要会计数据和财务指标 截至 2025 年 9 月 30 日（"报告期末"），本集团按照中国会计准则要求编 制的主要会计数据和财务指标如下： 1 | 主要会计数据 | 2025 年 9 | 月 30 日 | 2024 年 12 月 31 日 | 增减(%) | | --- | --- ...