Core Viewpoint - The recent significant shareholding increase by Hong Kong Liyue Group in Minsheng Bank indicates a potential shift in the bank's shareholder power dynamics, as traditional shareholders like "Fan Hai" and "Dong Fang" are losing influence [1][5]. Shareholding Changes - Hong Kong Liyue Group increased its stake in Minsheng Bank to 4.945% as of June 30, 2024, after purchasing approximately 199 million H-shares at an average price of 2.624 HKD per share, totaling around 523 million HKD [2]. - Over the past 18 months, Liyue Group has consistently increased its holdings, moving from 3.37% in Q3 2023 to 4.49% in Q1 2024, now ranking as the fourth-largest shareholder [2][5]. - The group's total holdings in Minsheng Bank A+H shares now amount to 2.166 billion shares, nearing the 5% threshold for mandatory disclosure [2]. Shareholder Landscape - The original shareholders of Minsheng Bank, particularly "Fan Hai" and "Dong Fang," are diminishing in influence, with "Dong Fang" holding only 2.92% and "Fan Hai" reportedly holding just one share [5][6]. - The current major shareholders include Hong Kong Central Clearing and Dajia Life Insurance, which together hold over 35% of the bank [6]. Valuation Appeal - Minsheng Bank's current price-to-book ratio is only 0.355, significantly lower than the industry average, making it an attractive investment opportunity [7]. - In contrast, other banks like China Merchants Bank have a price-to-book ratio of 1.13, highlighting the undervaluation of Minsheng Bank [7]. Financial Performance - For the year 2024, Minsheng Bank reported a revenue of 136.29 billion CNY, a decrease of 3.21% year-on-year, and a net profit of 32.30 billion CNY, down 9.85% from the previous year [7]. Funding Challenges - Liyue Group's aggressive expansion strategy may face financial constraints, as a significant portion of its shares in Minsheng Bank is under pledge, with 12.29 billion shares pledged, accounting for about 60% of its holdings [8]. - The group has also been involved in acquiring stakes in other companies, which adds to its financial pressure [8].

Core Viewpoint - Minsheng Bank has seen significant changes in its shareholder structure, with Hong Kong Liyue Group increasing its stake, positioning itself as the fourth largest shareholder, just below the 5% threshold for mandatory disclosure [2][4]. Shareholder Changes - On June 30, Hong Kong Liyue Group purchased approximately 199 million H-shares of Minsheng Bank at an average price of about HKD 2.624 per share, totaling around HKD 523 million (approximately RMB 477 million), which represents 0.455% of the bank's total share capital [4]. - Following this acquisition, Liyue Group and its concerted parties now hold a total of 2.4% of Minsheng Bank's H-shares and 4.945% of the total share capital, making it the fourth largest shareholder [4]. - Liyue Group, a subsidiary of Shenzhen Liyue Group, was first listed among Minsheng Bank's major shareholders in September 2023, holding 3.15% of shares, and has since increased its stake to 4.49% by March 2024 [4]. Company Background - Liyue Group, founded in 1995 and controlled by Lin Li, the former richest person in Shenzhen, has diversified interests across various sectors, including new energy, chemicals, biomedicine, and comprehensive finance [5]. - The group also holds significant stakes in financial institutions, including a controlling interest in Huayin Securities and a 20% stake in WeBank, China's first internet bank [5]. Strategic Developments - Minsheng Bank's board has seen new appointments, including Lin Li as a non-executive director, pending regulatory approval [4]. - The bank has undergone a strategic transformation, focusing on reducing high-risk, unsustainable business lines and enhancing its core operations [8]. - As of the end of 2024, Minsheng Bank has disposed of non-performing assets totaling RMB 344.6 billion, with cash recoveries of RMB 95.3 billion, indicating a proactive approach to risk management [8].

证券代码：600016 证券简称：民生银行 优先股简称：民生优 1 优先股代码：360037 编号：2025-026 中国民生银行股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 本次利润分配方案经中国民生银行股份有限公司（以下简称"本行"）2025 年 6 月 26 日的2024年年度股东会会议审议通过。股东会会议决议公告于 2025 年 6 月 27 日分别刊登在上海证券交易所（www.sse.com.cn）、本行网站（www.cmbc.com.cn） 和《中国证券报》《上海证券报》《证券时报》。 二、 分配方案 1. 发放年度：2024年年度 1 2. 分派对象： A 股每股现金红利0.062元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/7/11 | － | 2025/7/14 | 2025/7/14 ...

Core Viewpoint - The article emphasizes the importance of technology finance in supporting Jiangsu's technological and industrial innovation, highlighting the proactive role of Minsheng Bank's Nanjing branch in this initiative [1] Group 1: Financial Innovation and Support - Minsheng Bank Nanjing branch has implemented innovative financial products such as specialized loans and bonds to support technology enterprises, demonstrating a "from 0 to 1" approach in financial innovation [2][3] - The branch has established a dedicated technology branch and a specialized approval process to expedite financial support for technology companies, exemplified by a loan of 44.97 million yuan to Meier Technology for a cross-border acquisition [2][3] - As of March, the Nanjing branch has recognized five technology financial specialty branches, enhancing its capacity to support technology innovation [3] Group 2: Comprehensive Service Model - The "Five Services and Four Loans" model has been introduced to provide comprehensive financial services tailored to the needs of small and medium-sized technology enterprises, focusing on early-stage support and value-added services [6][8] - The "Five Services" include digital management platforms and financial integration tools, while the "Four Loans" focus on credit products that align with the growth characteristics of technology firms [6][7] - The Nanjing branch has served over 7,000 small and medium-sized technology clients, with a loan balance exceeding 8.7 billion yuan, indicating a strong commitment to supporting the technology sector [8][9] Group 3: Technological Integration and Risk Management - The Nanjing branch has developed the "萤火平台" (Firefly Platform) to enhance its technology financial services, utilizing big data and cloud computing for real-time assessments of technology enterprises [10][11] - The branch has introduced automated credit products like "易创E贷" to streamline the approval process, with over 440 approvals amounting to more than 1.8 billion yuan by March [10][11] - A specialized risk management system has been established to cater to the unique needs of small and medium-sized enterprises, ensuring efficient and effective credit management [8][12] Group 4: Ecosystem Development - Minsheng Bank is building an ecosystem by forming alliances with various stakeholders, including government agencies and investment institutions, to provide comprehensive financial services to technology enterprises [12][13] - The bank aims to integrate resources and create a collaborative platform that enhances the financial support available to technology firms, thereby contributing to Jiangsu's innovation-driven development strategy [13]

Core Insights - Minsheng Bank's Guiyang branch is actively promoting the national small and micro enterprise fund flow credit information sharing platform to address financing challenges for small and micro enterprises [1][3] - The platform has successfully provided financing solutions to 30 enterprises, with loan amounts exceeding 20 million yuan [1] - The bank has implemented a combination of online and offline promotional strategies to enhance awareness and understanding of the platform among enterprises [3] Group 1 - The platform has enabled a resource recovery enterprise to secure a credit loan of 3.5 million yuan in just five days, showcasing its efficiency in resolving financing issues [1] - A coal enterprise benefited from the platform by receiving a loan of 1 million yuan within two working days, facilitating its business expansion [1] - The promotion of the platform has significantly improved the perception of financial services among participating enterprises [1] Group 2 - Minsheng Bank has organized events like the "Inclusive Big Lecture" to educate 150 enterprises about the platform's features and its integration with the bank's credit products [3] - The bank's promotional activities include interactive Q&A sessions to build trust and encourage usage of the platform among enterprises [3] - Future plans include increasing the promotion of the fund flow credit information sharing platform and optimizing financial services to support the high-quality development of the real economy [3]

Core Viewpoint - The Chinese government has introduced significant policies to boost and expand consumption, focusing on financial support mechanisms to meet consumer needs [1] Financial Support for Consumption - The People's Bank of China and other regulatory bodies have issued guidelines to enhance financial services for consumption, following earlier measures aimed at promoting consumer finance [1] - Minsheng Bank has established a dedicated task force to implement these policies, creating a dual approach of supply-side financial support and demand-side services [1] Product Innovation - Minsheng Bank has launched a series of financial products, such as "Minshu Loan," designed to address the unique financing challenges faced by the hospitality sector, particularly in rural areas [3] - The "Minshu Loan" features easy approval, flexible repayment options, and various collateral methods, catering to the specific needs of small and micro businesses in the tourism industry [3] Regional Collaboration - Minsheng Bank has introduced the "Jing-Jin-Ji Three-Region Card," which integrates financial services across Beijing, Tianjin, and Hebei, enhancing consumer experience through a unified platform [5] - The bank's initiatives aim to create a comprehensive service ecosystem that benefits consumers and local businesses alike [5] Scene Deepening - The integration of credit cards with consumption ecosystems is increasing, with Minsheng Bank enhancing its credit card offerings to support both online and offline consumer activities [6] - The bank has partnered with major retailers like Walmart to launch co-branded credit cards, providing significant cashback rewards to enhance customer engagement [7] Community Engagement - Minsheng Bank has focused on community banking, establishing branches that serve as local financial service points, enhancing consumer access to financial products [8] - The bank's community initiatives include creating a "community consumption ecosystem" that connects local merchants with residents, fostering a win-win situation [9] Resource Allocation - Minsheng Bank has optimized its internal resource allocation to support consumer loans, increasing loan limits and extending repayment terms to better meet customer needs [12] - The bank has implemented a "Warm Heart Relief Policy" to assist customers facing temporary financial difficulties, ensuring they can manage their repayments effectively [12] Risk Management - The bank employs advanced technology for risk management, ensuring compliance while enhancing customer experience through streamlined processes [14] - Minsheng Bank's focus on small and micro enterprises includes tailored financial products that stimulate market activity and support consumption growth [14] Future Outlook - Minsheng Bank plans to continue expanding its consumer finance offerings, aiming to inject sustained vitality into the consumption market and contribute to high-quality economic development [15]

为深入贯彻落实总体国家安全观，增强全民保密意识，在2025年保密宣传教育月期间，民生银行东营知 味谷社区支行在厅堂内开展了一场丰富多彩的保密宣传教育活动。 活动期间，该支行工作人员充分利用厅堂主阵地优势，通过多种形式营造浓厚的保密宣传氛围。厅堂电 视上不间断播放保密公益宣传片，以生动形象的画面向客户普及保密知识，如日常生活中如何避免在社 交平台泄露个人敏感信息、工作场景里文件资料的正确保管与传输方式等。同时，该支行工作人员积极 主动向办理业务的客户发放保密宣传折页，并结合实际案例，用通俗易懂的语言讲解保密工作的重要性 以及常见的泄密风险和防范措施。在交流过程中，该支行工作人员还耐心解答客户关于保密方面的疑 问，引导客户树立正确的保密观念，让保密意识深入人心。针对老年客户群体，该支行工作人员特别强 调不要随意在来路不明的网站或APP上填写个人身份、银行账户等重要信息，以防信息泄露导致财产损 失。 民生银行东营知味谷社区支行以"共筑保密防线，公民人人有责"为主题，积极开展国家安全法律法规、 安全保密形势和常识普及宣传教育，该支行通过播放公益宣传海报、播放公益宣传片、设置保密宣传栏 等多种形式，大力宣传普及新时代国 ...

Core Viewpoint - The article highlights the increasing financial security challenges faced by the elderly due to evolving financial fraud methods, and emphasizes the proactive measures taken by Minsheng Bank's Jinan Yulan Garden Community Branch to educate and protect this demographic [1][2]. Group 1: Community Engagement and Education - Minsheng Bank's Jinan Yulan Garden Community Branch has prioritized consumer protection and anti-fraud education for the elderly, distributing tailored financial knowledge materials that address common issues faced by this group [1][2]. - The branch has implemented a "three-step" promotional strategy to enhance financial security awareness among the elderly, which includes analyzing real fraud cases, distributing a specially designed anti-fraud manual, and providing accessible services [2]. Group 2: Innovative Outreach Methods - The bank has expanded its outreach beyond offline activities to include online channels, sharing consumer protection knowledge and personalized advice through community WeChat groups and short videos [2]. - Future plans include deepening the "finance + community" service model, conducting themed promotions during holidays, and creating a comprehensive financial safety protection system for the elderly [3].

Core Viewpoint - The article emphasizes the importance of enhancing financial literacy among the public as a crucial measure for maintaining financial stability and protecting consumer rights, with a specific focus on the initiatives taken by Minsheng Bank's Jinan Shanshui Quancheng Community Branch in 2025 [1][2]. Group 1: Financial Literacy Initiatives - Minsheng Bank's Jinan Shanshui Quancheng Community Branch is actively responding to national calls by launching the "Financial Knowledge Popularization Journey" in 2025, aiming to improve the financial knowledge and risk prevention capabilities of local consumers [1]. - A dedicated task force led by the branch manager has been established to ensure the effective implementation of the initiative, including detailed planning and staff training [1][2]. - The campaign slogan "Protecting Customer Rights, Enjoying a Worry-Free Life" targets key demographics such as the elderly and youth, utilizing various promotional strategies in response to prevalent financial fraud cases [1][2]. Group 2: Multi-Channel Promotion Strategy - The branch has created a comprehensive promotional matrix that leverages both physical and online channels, including community outreach and educational activities in schools, villages, enterprises, and business districts [2]. - A dedicated area for consumer rights protection has been set up in the branch, featuring eye-catching posters and financial knowledge tips displayed on LED screens to foster a learning atmosphere [2]. - Staff members with strong professional skills are designated as promotional specialists to provide clear and accessible explanations to customers [2]. Group 3: Targeted Education for Vulnerable Groups - The branch focuses on educating elderly residents about common scams, using real-life examples to illustrate the characteristics and tactics of fraud, and emphasizes the importance of skepticism and communication with family [2][3]. - In addition to the elderly, the branch addresses the financial literacy needs of corporate employees and new citizens, promoting awareness of personal information protection and financial security [3]. - The ongoing commitment to the "Finance for the People" philosophy aims to continuously innovate in financial knowledge dissemination, ensuring consumer rights are protected and contributing to a safe financial environment [3].

Group 1 - The core viewpoint of the articles is that Minsheng Bank's Jinan Free Trade Zone branch is actively engaging in anti-fraud awareness campaigns to combat telecom and online fraud in the community [1][2] Group 2 - The bank organized various activities in Beihu Community, including setting up consultation booths, hanging banners, and displaying boards to create a strong promotional atmosphere [1] - Staff distributed over 100 anti-fraud brochures and answered more than 30 resident inquiries, reaching over 200 community residents [2] - The activities included interactive Q&A sessions to enhance resident participation, where correct answers were rewarded with practical gifts [2] Group 3 - The campaign specifically targeted vulnerable groups, such as the elderly, using real case examples to explain the dangers and subtleties of telecom fraud [1] - The bank plans to continue these anti-fraud initiatives, innovate promotional methods, and expand outreach to fulfill its social responsibility [2]