Policy and Initiative - The Shenzhen Branch of Bank of Communications has established a "Special Task Force for Supporting Small and Micro Enterprises Financing Coordination Mechanism" to enhance financial support for small and micro enterprises [1] - The initiative aligns with the national policy to alleviate financing difficulties for small and micro enterprises, as part of broader efforts to support economic recovery and development [1] Implementation and Collaboration - On October 30, the Shenzhen Branch of Bank of Communications, in collaboration with the Longgang District Development and Reform Bureau, provided the first loan under the small and micro enterprise financing coordination mechanism to a small business in Pinghu Subdistrict, Longgang District [1] - The bank is actively engaging with local governments, development and reform bureaus, and subdistrict offices to promote small and micro enterprise financing services in industrial parks and commercial districts [1] Future Plans - The Shenzhen Branch of Bank of Communications plans to continue implementing the small and micro enterprise financing coordination mechanism by conducting extensive outreach activities, such as the "Thousand Enterprises and Ten Thousand Households Visit" campaign [1] - The bank will offer a range of measures, including interest rate discounts, fee reductions, green channels, and loan quotas, to support the healthy development of local small and micro enterprises and better serve the real economy [1]

交通银行股份有限公司（以下简称"交通银行"或"本公司"）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。 股票代码：601328 股票简称：交通银行 编号：临 2024-043 交通银行股份有限公司 关于召开 2024 年三季度业绩说明会的公告 重要内容提示 本公司已于 2024 年 10 月 30 日（星期三）在上海证券交易所网站 （www.sse.com.cn）和本公司网站（www.bankcomm.com）披露 2024 年第三季度 报告。为便于广大投资者更全面深入了解本公司 2024 年前三季度经营情况，本 公司拟于 2024 年 11 月 12 日下午 15:00-16:00 召开业绩说明会，就投资者普遍 关注的问题进行交流。 一、业绩说明会类型 本次业绩说明会通过网络互动方式召开。 二、业绩说明会有关安排 （一）会议召开时间：2024 年 11 月 12 日（星期二）15:00-16:00。 （二）本公司出席人员：副行长周万阜先生和董事会秘书何兆斌先生。 1 会议召开时间：2024 年 11 月 12 日（星期二）15: ...

股 票 研 究 公 司 更 新 报 告 证 券 研 究 报 告 ——交通银行 2024 年三季报点评 [table_Authors] 刘源(分析师) 021-38677818 liuyuan023804@gtjas.com 登记编号 S0880521060001 本报告导读： 交通银行 24Q3 营收及净利润增速小幅超出预期，息差管控颇有成效，资产质量稳 中向好。上调目标价至 8.4 元，维持增持评级。 投资要点： [Table_Summary] 投资建议：2024 年以来交通银行强调高质量发展，重"量"更重"质"。 相较规模扩张更关注息差平稳，同时资产质量在经历了三年"资产 质量攻坚战"、"资产质量巩固年"后进入"贷投后管理年"，核心指 标持续向好。根据三季报表现及降息后未来存贷款重定价情况，调 整公司 2024-2026 年净利润增速预测为 0.4%、0.5%、2.2%，对应 BVPS 为 12.97(-0.11)、13.93(+0.03)、14.74(-0.03)元/股。考虑到一揽 子稳经济政策密集出台，利好银行风险缓释和信贷需求恢复，推动 板块估值回升，上调目标价至 8.4 元，对应 2024 年 0 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2024年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 交通銀行股份有限公司 呈交日期: 2024年11月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03328 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 35,011,862,630 | RMB | | 1 RMB | | 35,011,862,630 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 35,011,862,630 | RMB | | 1 RMB | | 35,011,862,630 | 第 2 頁 共 11 頁 v ...

Investment Rating - The report gives a "Recommended" rating for the company [1][33]. Core Views - The company's revenue and net profit decline has narrowed, achieving positive growth in the third quarter of 2024. For the first nine months of 2024, the company reported operating income of 196.12 billion yuan, a year-on-year decrease of 1.39%, and a net profit attributable to shareholders of 68.69 billion yuan, down 0.69% year-on-year. The annualized weighted average ROE is 9.06%, a decrease of 0.77 percentage points year-on-year. In Q3 2024, revenue and net profit attributable to shareholders grew by 3.31% and 1.19% year-on-year, respectively, returning to positive growth compared to the previous quarter [2][10]. Summary by Sections Revenue and Profitability - For the first nine months of 2024, the company achieved a net interest income of 126.80 billion yuan, an increase of 2.15% year-on-year. In Q3 2024, the net interest income grew by 1.97% year-on-year. The annualized net interest margin (NIM) for the first nine months is 1.28%, remaining stable compared to the end of the previous year, with a slight decrease of 1 basis point compared to H1 2024. The company has managed to maintain a certain level of resilience in its interest margin despite downward pressure on loan and investment yields due to LPR cuts and declining market interest rates [3][12]. Credit and Asset Quality - As of the end of September 2024, the total loan amount increased by 6.1% compared to the end of the previous year. Corporate loans grew by 6.84%, maintaining a stable proportion of over 65%, while personal loans increased by 6.33%. The company’s non-performing loan (NPL) ratio is 1.32%, down 1 basis point from the end of the previous year, while the proportion of attention-class loans increased by 7 basis points to 1.58% [6][33]. Non-Interest Income - For the first nine months of 2024, the company reported non-interest income of 69.33 billion yuan, a year-on-year decrease of 7.27%, with the decline narrowing by 4.88 percentage points compared to the first half of the year. The intermediary business income was 29.35 billion yuan, down 13.96% year-on-year, primarily due to the impact of insurance fee policies and reduced fees for fund sales. Other non-interest income was 39.97 billion yuan, down 1.66% year-on-year, with investment income contributing 20.50 billion yuan, a decrease of 2.92% [5][22]. Capital Adequacy - The company’s core Tier 1 capital adequacy ratio is 10.29%, up 0.06 percentage points from the end of the previous year. The provision coverage ratio is 203.87%, an increase of 8.66 percentage points from the end of the previous year. The state plans to issue special government bonds to supplement the core Tier 1 capital of major banks, which is expected to enhance the company's capital adequacy and credit issuance capacity [6][33].

股票代码：601328 股票简称：交通银行 编号：临 2024-042 交通银行股份有限公司 外部监事辞任公告 交通银行股份有限公司（以下简称"交通银行"或"本公司"）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。 本公司外部监事李曜先生期满退任，自2024年10月31日起不再担任本公司外 部监事、监事会提名委员会主任委员、监事会财务与内控监督委员会委员。李曜 先生确认与本公司监事会无不同意见，也无任何与退任有关的事项需要通知本公 司股东和债权人。 李曜先生担任本公司外部监事期间，恪尽职守、勤勉敬业，在完善监事会监 督体系、强化重点领域监督、提升公司治理水平等方面做出了重要贡献。监事会 谨此向李曜先生表示衷心感谢！ 特此公告 交通银行股份有限公司监事会 2024 年 10 月 31 日 1 ...

Investment Rating - The report assigns a 2024E P/B of 0.5x and a 2024E P/E of 6.0x, with a TTM dividend yield of 5.2%, compared to industry averages of 0.6x, 5.4x, and 4.8% respectively [1][4]. Core Insights - The Bank of Communications reported a Q3 2024 revenue increase of 3.3% year-on-year, with pre-provision profit also rising by 3.3% year-on-year, and net profit attributable to the parent company growing by 1.2% year-on-year [1][4]. - For the first three quarters of 2024, revenue decreased by 1.4% year-on-year, pre-provision profit fell by 3.5%, and net profit attributable to the parent company decreased by 0.7%, indicating improvements in year-on-year growth rates compared to mid-year [1][4]. - The annualized ROA for Q1-Q3 2024 decreased by 0.04 percentage points to 0.65%, while the annualized ROE decreased by 0.77 percentage points to 9.06% [1][4]. - The core Tier 1 capital adequacy ratio increased by 0.31 percentage points year-on-year to 10.29% [1][4]. Summary by Sections Revenue and Profitability - Q1-Q3 2024 net interest income increased by 2.2% year-on-year, consistent with Q2's performance, while Q3 net interest income rose by 2.0% year-on-year [2][5]. - The net interest margin for Q1-Q3 2024 was 1.28%, showing a decline of 1 basis point compared to the first half of 2024 [2][5]. - The cost-to-income ratio for Q1-Q3 2024 was 30.4%, an increase of 0.2 percentage points year-on-year [3][5]. Asset Quality - The non-performing loan ratio remained stable quarter-on-quarter at 1.32%, with both the attention rate and overdue rate declining [3][5]. - The provision coverage ratio slightly decreased to 203.9% [3][5]. - Corporate loans became the main driver of loan growth, contributing 47% to the incremental loan growth in Q3 [2][5]. Fee and Commission Income - Net fee and commission income for Q1-Q3 2024 decreased by 14.0% year-on-year, showing slight improvement from a decline of 14.6% at mid-year [3][5]. - Other net income increased due to fair value changes, rising by 800 million [3][5].

Summary of the Conference Call for Bank of Communications Q3 2024 Performance Company Overview - **Company**: Bank of Communications (交通银行) - **Period**: Q3 2024 Key Financial Performance - **Net Profit**: 68.69 billion CNY, a year-on-year decrease of 0.69%, but the decline narrowed by 0.94 percentage points compared to the first half of the year [2] - **Total Assets**: 14.6 trillion CNY, an increase of 3.8% from the end of the previous year [2] - **Non-Performing Loan Ratio**: 1.32%, a decrease of 0.01 percentage points from the end of the previous year [2] - **Net Interest Income**: 126.8 billion CNY, a year-on-year increase of 2.15% [2] - **Net Interest Margin**: 1.28%, unchanged from the previous year [2] - **Return on Average Assets**: 0.65% [2] - **Return on Average Equity**: 9.06% [2] Business Development Highlights - **Loan Balance**: 8.44 trillion CNY, an increase of 485.1 billion CNY, representing a growth of 6.1% [2] - **Average Loan Yield**: 3.67%, a decrease of 34 basis points year-on-year [2] - **Corporate Loans**: 5.53 trillion CNY in loans to companies [4] - **Retail Loans**: 2.63 trillion CNY in personal loans [4] - **Wealth Management**: Retail AUM reached 5.38 trillion CNY, a growth of 7.52% [8] Strategic Focus Areas - **Support for Key Industries**: Increased lending to strategic sectors, with a 10.8% growth in loans to the manufacturing sector and a 6.98% increase in loans to strategic emerging industries [3] - **Financial Services for SMEs**: Loans to small and micro enterprises increased by 21.87% [8] - **Digital Transformation**: Monthly active users of mobile banking reached 46.84 million, with significant growth in digital service usage [10] Risk Management and Asset Quality - **Non-Performing Loan Disposal**: 43.5 billion CNY in non-performing loans disposed of, including 24.3 billion CNY written off [3] - **Provision Coverage Ratio**: 203.87%, an increase of 8.66 percentage points from the end of the previous year [3] Market Position and Competitive Edge - **Investment Banking**: Underwrote bonds totaling 158.85 billion CNY, providing financing services to technology companies amounting to 30.05 billion CNY [4] - **Private Banking**: 93,100 private banking clients, with managed assets of 1.28 trillion CNY, a growth of 9.32% [5] Future Outlook - **Economic Environment**: The company anticipates a steady recovery in the economy, supported by government policies aimed at stabilizing economic performance [10] - **Strategic Goals**: Focus on enhancing governance capabilities and core competitiveness while ensuring financial stability [11] Additional Insights - **Green Finance**: Green loan balance increased by 5.13%, with clean energy loans growing by 14.48% [8] - **Cross-Border Transactions**: International settlement volume reached 376.72 billion USD, with cross-border RMB settlements at 1.39 trillion CNY [8] This summary encapsulates the key points from the conference call, highlighting the financial performance, strategic initiatives, and future outlook of the Bank of Communications.

股票代码：601328 股票简称：交通银行 编号：临2024-038 交通银行股份有限公司 第十届董事会第十八次会议决议公告 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。 一、董事会会议召开情况 本公司第十届董事会第十八次会议于 2024 年 10 月 30 日以现场和视频相结 合的方式，在上海、香港和北京召开。本公司于 2024 年 10 月 16 日以书面方式 向全体董事和监事发出本次会议通知。张宝江副董事长主持会议。出席会议应到 董事 18 名，亲自出席董事 16 名，委托出席董事两名，任德奇董事长、陈俊奎非 执行董事因其他公务，均书面委托张宝江副董事长出席会议并代为行使表决权。 部分监事及高管列席会议。本次会议的召开符合《中华人民共和国公司法》等法 律法规和《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 2024 年第三季度报告及业绩公告的决议 会议审议批准了《2024 年第三季度报告及业绩公告》，同意按照有关监管 规定予以公开披露。 6 ...

股票代码：601328 股票简称：交通银行 编号：临 2024-041 交通银行股份有限公司 关于交通银行（香港）有限公司未分配利润 转增股本的公告 交通银行股份有限公司（以下简称"交通银行"或"本公司"）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。 重要内容提示： 本公司全资控股子公司交通银行（香港）有限公司（以下简称"香港子 行"）拟将不超过 71 亿港元未分配利润转增股本（不向股东提供现金选择权）。 转增完成后，香港子行股本为 450 亿港元，本公司继续保持对香港子行的全资控 股地位。本次转增事项已经本公司董事会审议批准，无需提交本公司股东大会审 议。 一、香港子行基本情况 （一）公司基本情况。 本次转增不属于本公司关联交易或重大资产重组事项。 本次转增尚待有关监管部门批准。 注册地点：中国香港中环毕打街 20 号 成立时间：2014 年 7 月 29 日 经营范围：主要业务为于香港提供银行服务 董事名单：肖霆先生、孟羽先生、陈清霞女士、单增建先生、陈家乐先生、 邓贵彰先生、林炎南先生 （二）经营情况及主要财务数据。 香港 ...