Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) has successfully issued its second tranche of perpetual capital bonds for 2025, with a total scale of 40 billion yuan, aimed at supplementing other Tier 1 capital [1] Group 1: Bond Issuance Details - The bond issuance was completed in the interbank bond market after receiving regulatory approval [1] - The bonds were recorded on November 6 and completed issuance on November 10 [1] - The coupon rate for the first five years is set at 2.21%, with adjustments every five years thereafter [1] Group 2: Financial Implications - The funds raised from this bond issuance will be utilized to enhance the bank's other Tier 1 capital [1]

Group 1 - The core viewpoint emphasizes the importance of identifying companies with sustainable high growth in net profit over a period of 3-5 years, focusing on those with high competitive barriers and continuous positive demand growth [1][2] - Companies in sunrise industries such as biotechnology, electronic instruments, and software are recommended for investment, while avoiding sunset industries [2] - Smaller total share capital companies are preferred as they have greater growth potential compared to larger companies [2] Group 2 - The analysis of Industrial and Commercial Bank of China (ICBC) shows a total market value of 21,171 billion and a circulating market value of 16,015 billion as of the current date [3] - An investment of 50,000 five years ago in ICBC would yield a total holding value of 76,357.21, resulting in a return rate of 52.71% over five years, averaging an annual return of 10.54% [11] Group 3 - The strategy for identifying strong stocks during market consolidation involves looking for stocks that have been in a prolonged horizontal trend, indicating potential for future price increases [12][14] - In both bull and bear markets, stocks that consolidate after reaching new highs are likely to become breakout stocks [14][18] - New and recently listed stocks that undergo long-term consolidation present significant investment opportunities due to their lower cost basis compared to established stocks [18][21] Group 4 - The selection of potential black horse stocks among new and recently listed stocks involves analyzing industry backgrounds, basic qualities, and market performance [22][23] - Key indicators for evaluating new stocks include their performance on the first trading day, financial metrics, and the characteristics of their trading volume [25][30] - Stocks that have not experienced significant speculation post-listing are more likely to perform well when market conditions improve [28][31]

Core Viewpoint - The rapid advancement of artificial intelligence (AI) is transforming the economic landscape, leading to a qualitative shift in the digital economy and industry evolution [2][3]. Group 1: Digital Transformation and Economic Paradigm Shift - Digital transformation is causing a significant qualitative change in economic development, characterized by increased complexity, precision, and broad applicability of data [2]. - The boundaries of supply and demand are being redefined, shifting from attention economy to participation economy, where economic activities are represented as data flows [2]. - Innovation and division of labor are undergoing profound adjustments, amplifying the effects of original innovation [2]. Group 2: Reconstructing the Relationship Between Science and Technology - The relationship between science and technology is being restructured in the digital age, with the boundaries of basic disciplines being blurred by digital technologies [3]. - There is a surge of capital and top talent entering the AI field, leading to increased investment intensity and heightened competition [3]. - Companies unable to meet innovation investment thresholds may face internal conflicts and price wars [3]. Group 3: Strategic Recommendations for Future Development - Companies should focus on alternative and disruptive technologies to gain a competitive edge in future industries [4]. - The financial sector must enhance its service capabilities to better support the real economy and meet diverse financial needs [4]. - The transition from "Fintech" to "Techfin" represents a creative disruption in business processes, emphasizing the need for deeper integration of technology in finance [4]. Group 4: Emphasis on High-Level Technological Self-Reliance - The importance of leveraging AI as a key driver for value creation and industrial transformation is highlighted [5]. - Financial institutions are encouraged to proactively engage with AI technologies to optimize resource allocation and enhance competitiveness [5].

工商银行（601398）(01398)发布公告，该公司将于2026年1月26日派发中期股息每10股1.414元人民币。 ...

此乃要件 請即處理 如 閣下對本通函的任何部份或對應採取的行動存有任何疑問，應諮詢 閣下的持牌證券 商、銀行經理、律師、專業會計師或其他專業顧問。 如 閣下已出售或轉讓名下所有中國工商銀行股份有限公司的股份， 閣下應將本通函同 隨附之代表委任表格及回執立刻交予購買人或受讓人或經手買賣或轉讓的銀行、持牌證券 商或其他代理人以轉交給購買人或受讓人。 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通函的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不就因本通函全部或任何部份的內容所 產生或因倚賴該等內容而導致的任何損失承擔任何責任。 中國工商銀行股份有限公司 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED （於中華人民共和國註冊成立的股份有限公司） 股份代號：1398 2025 年第二次臨時股東會通知 中國工商銀行股份有限公司謹訂於2025年11月28日（星期五）下午二時五十分假座中國北京 市西城區復興門內大街55號中國工商銀行總行舉行臨時股東會，會議通知載於本通函的第 7頁至第8頁。 如 閣下欲委任代表出席臨時股東會， 閣下須按隨附的代表委 ...

2025 年第二次临时股东会会议资料 中国工商银行股份有限公司 2025 年第二次临时股东会会议资料 2025 年第二次临时股东会会议资料 现场会议召开时间：2025 年 11 月 28 日 14 时 50 分 股东会召开当日的 9:15-15:00。 召集人：中国工商银行股份有限公司董事会 现场会议召开地点：北京市西城区复兴门内大街 55 号中国工商银行股 份有限公司总行 网络投票：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 会议日程 | 关于 | 2025 | 年中期利润分配方案的议案 | 1 | | --- | --- | --- | --- | | 关于 | 2026 | 年度集团金融债券发行计划的议案 | 3 | 2025 年第二次临时股东会会议资料 中国工商银行股份有限公司 2025 年第二次临时股东会会议资料之一 关于 2025 年中期利润分配方案的议案 各位股东： 根据有关法律规定和监管要求，结合本行经审阅的中期业绩情况，2025 年中期 利 ...

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之內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不就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之任何損失承擔任 何責任。 中國工商銀行股份有限公司 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED （於中華人民共和國註冊成立的股份有限公司） 股份代號：1398 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條而做出。 茲載列本行在上海證券交易所網站刊登的《中國工商銀行股份有限公司2025年第二次臨 時股東會會議資料》，僅供參閱。 特此公告。 中國工商銀行股份有限公司 董事會 中國，北京 2025年11月7日 於本公告刊發日期，董事會成員包括執行董事廖林先生、劉珺先生、段紅濤先生和王景武先生；非執行董事盧永真 先生、曹利群女士、董陽先生和鐘蔓桃女士；獨立非執行董事陳德霖先生、赫伯特•沃特先生、莫里•洪恩先生、 陳關亭先生和李偉平先生。 2025 年第二次临时股东会会议资料 中国工商银行股份有限公司 现场会议召开时间：2025 年 11 月 28 日 1 ...

Group 1 - The core point of the announcement is that the Industrial and Commercial Bank of China (ICBC) will hold its second extraordinary general meeting of shareholders for 2025 on November 28 [1] - For the first half of 2025, the group reported a net profit of 168.803 billion yuan and a net profit attributable to shareholders of 168.103 billion yuan [1] - The bank plans to distribute a cash dividend of 1.414 yuan per 10 shares (including tax), totaling 50.396 billion yuan, which accounts for 30.0% of the net profit attributable to shareholders [1] Group 2 - The A-shares and H-shares registration date for dividends is set for December 12, with the A-share dividend payment date on December 15 and the H-share payment date on January 26, 2026 [1] - For the year 2026, the group intends to issue financial bonds (excluding redeemable financial bonds) not exceeding 488 billion yuan, with an authorization period from January 1, 2026, to December 31, 2026 [1]

智通财经APP讯，工商银行(01398)发布公告，该公司将于2026年1月26日派发中期股息每10股1.414元人 民币。 ...

| 灣仔 | | | --- | --- | | 香港 | | | 代扣所得稅信息 | | | 股息所涉及的代扣所得稅 | 有待公佈 | | 發行人所發行上市權證/可轉換債券的相關信息 | | | 發行人所發行上市權證/可轉換債券 | 不適用 | | 其他信息 | | | 可就部分股息行使貨幣選擇權只適用於香港中央結算(代理人)有限公司。 | | | 發行人董事 | | 於本公告刊發日期，董事會成員包括執行董事廖林先生、劉珺先生、段紅濤先生和王景武先生；非執行董事盧永真先生、曹利群女 士、董陽先生和鐘蔓桃女士；獨立非執行董事陳德霖先生、赫伯特·沃特先生、莫里·洪恩先生、陳關亭先生和李偉平先生。 第 2 頁 共 2 頁 v 1.1.1 EF002 免責聲明 | 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 | | | --- | --- | | 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。 | | | | 股票發行人現金股息（可選擇貨幣）公告 | | 發行人名稱 | 中國工商銀行股份有限公司 | | ...