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，概不就因本公告全部或任何部分內容 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。 BANK OF CHONGQING CO., LTD.* （股份代號：1963） 海外監管公告 本公告乃重慶銀行股份有限公司*（「本行」）根據香港聯合交易所有限公司證券上市規則第 13.10B條而作出。 茲載列本行在上海證券交易所網站刊發之《關於小型微型企業貸款專項金融債券發行完畢 的公告》，僅供參閱。 代表董事會 重慶銀行股份有限公司* 董事長 楊秀明 中國重慶，2025年7月31日 重慶銀行股份有限公司* （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） 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。 经中国人民银行批准，重庆银行股份有限公司（以下简称"本行"）2025 年 小型微型企业贷款专项金融债券（第二期）（以下简称"本期债券"）于 2025 年 7 月 29 日簿记建档，202 ...

Core Viewpoint - Chongqing Bank has successfully issued a special financial bond for small and micro enterprises, raising a total of RMB 2.4 billion to support lending to this sector [1] Group 1: Bond Issuance Details - The bond issuance was recorded on July 29, 2025, and completed on July 30, 2025 [1] - The total issuance scale of the bond is RMB 2.4 billion, consisting of two types: - Type One: RMB 2.1 billion, a 3-year fixed-rate bond with a coupon rate of 1.80% - Type Two: RMB 300 million, a 3-year floating-rate bond with a coupon rate of 1.85% [1] Group 2: Use of Proceeds - The funds raised from this bond issuance, after deducting issuance costs, will be used entirely for providing loans to small and micro enterprises, in accordance with applicable laws and regulatory approvals [1]

证券代码：601963 证券简称：重庆银行 公告编号：2025-050 可转债代码：113056 可转债简称：重银转债 重庆银行股份有限公司 关于小型微型企业贷款专项金融债券发行完毕的公告 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。 经中国人民银行批准，重庆银行股份有限公司（以下简称"本行"）2025 年 小型微型企业贷款专项金融债券（第二期）（以下简称"本期债券"）于 2025 年 7 月 29 日簿记建档，2025 年 7 月 30 日发行完毕。本期债券发行规模为人民币 24 亿元，其中：品种一发行规模人民币 21 亿元，为 3 年期固定利率债券，票面 利率为 1.80%；品种二发行规模人民币 3 亿元，为 3 年期浮动利率债券，票面利 率为 1.85%。 本期债券发行的募集资金在扣除发行费用后，将依据适用法律和监管部门的 批准，全部用于向小型微型企业发放贷款，为小微企业提供金融服务。 特此公告。 重庆银行股份有限公司董事会 2025 年 7 月 31 日 1 ...

Core Viewpoint - Chongqing Bank has successfully issued a total of RMB 2.4 billion in special financial bonds aimed at small and micro enterprises, with the funds designated for providing loans to these businesses [1] Summary by Category Bond Issuance Details - The bond issuance took place on July 29, 2025, with completion on July 30, 2025 [1] - The total issuance scale is RMB 2.4 billion, consisting of two types of bonds: - Type One: RMB 2.1 billion, a 3-year fixed-rate bond with a coupon rate of 1.80% [1] - Type Two: RMB 300 million, a 3-year floating-rate bond with a coupon rate of 1.85% [1] Purpose of Funds - The funds raised from this bond issuance, after deducting issuance costs, will be used entirely for providing loans to small and micro enterprises, in accordance with applicable laws and regulatory approvals [1]

7月31日，据重庆银行（601963）披露，该行发行的长江·享惠公募净值型2025年第14期募集期为2025年 7月31日到2025年8月7日，计划发行量5亿元，投资者认购起点金额为1万元。产品为固定收益类，风险 评级为中低风险，期限为459天，业绩比较基准为2.25%～3.05%（年化）。 注：业绩比较基准不是预期收益率，不代表产品的未来表现和实际收益，不构成对产品收益的承诺。 以上理财产品信息仅供参考，具体应以《产品说明书》等销售文件为准。本文不构成任何投资建议，投 资者据此操作，风险自担。 ...

Core Viewpoint - Chongqing Bank has introduced a new "Five High" strategic positioning to adapt to significant external changes in 2024, focusing on high goals, high positioning, high efficiency, high-quality service, and high-quality development [1][2][6]. Group 1: Financial Performance - In Q1 2025, Chongqing Bank reported operating income of 3.581 billion yuan, a year-on-year increase of 5.30%, and net profit of 1.707 billion yuan, up 5.43% [1]. - By the end of Q1 2025, total assets reached 931.699 billion yuan, marking a significant milestone towards the trillion-yuan mark [1][6]. - For the full year 2024, the bank achieved operating income of 13.679 billion yuan, a growth of 3.54%, and net profit of 5.521 billion yuan, increasing by 5.59% [6]. Group 2: Asset Quality - By the end of 2024, the bank's non-performing loan ratio reached its lowest level since its A-share listing, 0.51 percentage points lower than the average for national city commercial banks [7]. - The non-performing loan ratio further decreased by 0.04 percentage points by the end of Q1 2025 compared to the end of the previous year [7]. Group 3: Strategic Initiatives - The "Five High" strategy includes high goal orientation, high positioning transformation, high efficiency operations, high-quality services, and high-quality development [2][3][4][5][6]. - The bank aims to enhance its comprehensive financial service capabilities by focusing on major regional development strategies, such as the Chengdu-Chongqing economic circle and the Western Land-Sea New Corridor [1][6]. - Chongqing Bank plans to support the Chengdu-Chongqing area with over 150 billion yuan in credit throughout 2024, an increase of nearly 40 billion yuan from the previous year [8][9]. Group 4: Digital and Green Finance - The bank is leveraging digital finance to integrate into national digital economy initiatives, with significant growth in technology, green, and inclusive loans, achieving respective growth rates of 32%, 40%, and 22% [10][11]. - Chongqing Bank has developed an ESG rating system and launched the first "Industrial Green Effect Loan" in the central and western regions [11]. - The bank has also created a digital credit decision-making platform to support various inclusive financial products, enhancing accessibility for older clients [11]. Group 5: Future Outlook - By the end of 2025, Chongqing Bank aims to achieve a total asset scale of one trillion yuan while improving both business scale and asset quality [12].

Core Viewpoint - The article discusses the supply-side reform of small and medium-sized banks, highlighting the potential for regional banks to thrive through local advantages and strategic positioning in a changing financial landscape [1][2]. Group 1: Supply-Side Reform of Small and Medium-Sized Banks - The operational characteristics of small and medium-sized banks are a result of the resonance between regional environments and business strategies [3]. - Identifying the survivors and outstanding performers among small and medium-sized banks requires a focus on regional clientele and the reflection of their strategic asset-liability management [3][6]. Group 2: Investment Strategy in the Banking Sector - The banking sector is expected to undergo a long-term revaluation driven by factors such as the continuous allocation of long-term funds by institutional investors, the alleviation of systemic risk concerns, and the undervaluation of ROE stability [6][11]. - Current A-share listed banks maintain a dividend yield of over 4%, which is more than 2 percentage points above the yield of ten-year government bonds, indicating a historical high [6][8]. - The stability of profit growth in listed banks ensures predictable and sustainable dividends, making bank stocks a scarce high-dividend asset in a low-interest-rate environment [7][11]. Group 3: Valuation Metrics and Performance - The ROE of listed banks has remained stable at around 10%, significantly higher than the 6.7% of non-financial enterprises in the A-share market [11]. - The banking sector's PE ratio is below 7, the lowest in the industry, indicating overly pessimistic expectations and suggesting that a correction in bank stock valuations is inevitable [11][12]. Group 4: Focus Areas for Investment - Investment should concentrate on high-quality regional banks with no burdens and high provisions, which exhibit growth potential and should not trade below book value [14]. - Additionally, banks with stable profit expectations, strong potential for capital inflows, and relatively high index weight should be prioritized for investment [14]. Group 5: Historical Context and Research Commitment - Since 2021, the company has been committed to closely tracking regional banks, successfully recommending stocks like Suzhou Bank and Chongqing Bank, which have shown significant market performance [15][18].

Core Viewpoint - Chongqing Bank has shown a stable dividend yield over the past three years, with recent stock performance indicating a slight increase in share price and trading volume [2][6]. Financial Performance - The bank's dividend yields for the last three years were 5.83%, 5.86%, and 4.46% respectively [2]. - For the period of January to March 2025, Chongqing Bank reported a net profit of 1.624 billion yuan, representing a year-on-year growth of 5.33% [5]. Market Activity - On July 30, Chongqing Bank's stock price increased by 0.30%, with a trading volume of 126 million yuan and a turnover rate of 0.66%, leading to a total market capitalization of 35.337 billion yuan [1]. - The main capital inflow for the day was 8.1982 million yuan, accounting for 0.07% of the total, with the stock ranking 4th in its industry [2][3]. Shareholder Information - As of March 31, the number of shareholders for Chongqing Bank was 37,000, a decrease of 10.32% from the previous period, while the average number of circulating shares per person increased by 11.82% to 52,288 shares [5]. Business Overview - Chongqing Bank, established on September 2, 1996, primarily provides corporate and personal banking products and services, with its revenue composition being 69.84% from corporate banking, 21.95% from personal banking, and 7.41% from funding operations [5]. - The bank has engaged in various initiatives to support rural revitalization and agricultural financing, including innovative loan products and partnerships with local government entities [2].

经济观察网中国货币网7月30日消息，重庆银行（601963）于7月29日成功发行2025年第二期小型微型企 业贷款专项金融债券。本期债券设两个品种：品种一为3年期固定利率债券，发行规模21亿元，票面利 率1.80%；品种二为3年期浮动利率债券，发行规模3亿元，发行时票面利率1.85%。(编辑胡群) ...

Core Insights - The report indicates that the scale of the wealth management market reached 30.67 trillion yuan by the end of June 2025, marking a 4.54% increase from the beginning of the year [3][4][9] - The average annualized yield of wealth management products decreased to 2.12%, down 0.53 percentage points from the previous year, yet the number of investors increased significantly [9][10] Market Overview - As of June 2025, there were 194 banking institutions and 32 wealth management companies with active products, totaling 4.18 million products, a 3.78% increase from the start of the year [4] - Fixed income products accounted for 97.2% of the total wealth management product scale, with a total of 29.81 trillion yuan, despite a slight decrease in proportion [5][6] Product Performance - The average annualized yield for fixed income products reached 2.79%, benefiting from rising bond prices despite declining interest rates [5] - Cash management products saw a significant decline, with a 12.3% drop in scale to 6.4 trillion yuan, attributed to falling deposit rates [5][6] Investor Trends - The number of investors holding wealth management products rose to 136 million, an increase of 8.37% or 10.48 million from the beginning of the year [10] - Individual investors dominate the market, comprising 98.7% of the total, while institutional investors also saw notable growth [10] Company Performance - Wealth management companies' market share increased to 89.61%, with a total product scale of 27.48 trillion yuan, reflecting a 4.44% increase [7] - Some banks, such as Qingyin Wealth Management, reported a decrease in product scale, while others like Hengfeng Wealth Management experienced significant growth [7][8]