12月30日金融一线消息，无锡银行发布公告称，该行2024年年度股东大会审议批准了发行不超过15亿元 人民币二级资本债券的议案。经国家金融监督管理总局江苏监管局和中国人民银行批准，该行在全国银 行间债券市场成功发行了"无锡农村商业银行股份有限公司2025年二级资本债券（第一期）"。本期债券 于2025年12月25日簿记建档，并于2025年12月29日完成缴款，发行总规模为人民币10亿元，为10年期固 定利率债券，票面利率为2.53%，在第5年末附有条件的发行人赎回权。本期债券募集资金将依据适用 法律和主管部门的批准，用于补充该行二级资本。 责任编辑：秦艺 12月30日金融一线消息，无锡银行发布公告称，该行2024年年度股东大会审议批准了发行不超过15亿元 人民币二级资本债券的议案。经国家金融监督管理总局江苏监管局和中国人民银行批准，该行在全国银 行间债券市场成功发行了"无锡农村商业银行股份有限公司2025年二级资本债券（第一期）"。本期债券 于2025年12月25日簿记建档，并于2025年12月29日完成缴款，发行总规模为人民币10亿元，为10年期固 定利率债券，票面利率为2.53%，在第5年末附有条件的发行 ...

Core Viewpoint - China Construction Bank has announced the issuance of up to 200 billion RMB equivalent of contingent convertible bonds or qualified secondary capital instruments, approved during the first extraordinary shareholders' meeting of 2024 [1] Group 1: Capital Instrument Plan - The bank's shareholders approved a proposal for the issuance of capital instruments amounting to no more than 200 billion RMB [1] - The issuance is aimed at supplementing the bank's secondary capital, subject to applicable laws and regulatory approvals [1] Group 2: Bond Issuance Details - Recently, the bank issued the 2025 second-tier capital bonds (third phase) in the national interbank bond market, with a total issuance scale of 40 billion RMB [1] - The bonds have a fixed interest rate of 2.24% and a maturity of 10 years, with a conditional redemption option for the issuer at the end of the fifth year [1] - The issuance was completed on December 8, 2025, and is part of the bank's strategy to enhance its capital structure [1]

Group 1 - The company has issued a new tranche of subordinated capital bonds, specifically the China Construction Bank Co., Ltd. 2025 Subordinated Capital Bonds (Third Tranche) [1] - The total issuance size of the bonds is RMB 40 billion, with a fixed interest rate of 2.24% over a 10-year term [1] - The bonds include a conditional redemption option for the issuer at the end of the fifth year [1] Group 2 - The funds raised from this bond issuance will be used to supplement the company's Tier 2 capital, subject to applicable laws and regulatory approvals [1]

Core Viewpoint - Shanghai Pudong Development Bank has successfully issued its first tranche of subordinated capital bonds for 2025, totaling RMB 20 billion, to enhance its Tier 2 capital [1] Group 1: Bond Issuance Details - The bond issuance was approved by relevant regulatory authorities and took place in the interbank bond market [1] - The total issuance scale is RMB 20 billion, divided into two types: a 10-year fixed-rate bond of RMB 16.5 billion with a coupon rate of 2.17%, and a 15-year fixed-rate bond of RMB 3.5 billion with a coupon rate of 2.40% [1] - The 10-year bond includes a conditional redemption option for the issuer at the end of the fifth year, while the 15-year bond has a similar option at the end of the tenth year [1] Group 2: Use of Proceeds - The funds raised from this bond issuance will be used to supplement the company's Tier 2 capital, in accordance with applicable laws and regulatory approvals [1]

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分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Huishang Bank Corporation Limited* 徽商銀行股份有限公司 * 本行根據中國企業會計準則編製的財務資料概要載列如下： 於2025年9月30日 人民幣（億元） （未經審計） （於中華人民共和國註冊成立的股份有限公司） （股份代號：3698） 公告 截至2025年9月30日止九個月之財務資料概要 本公告乃由徽商銀行股份有限公司（「本行」）根據《證券及期貨條例》（香港法例第 571章）第XIVA部項下之內幕消息條文及香港聯合交易所有限公司證券上市規則 第13.09(2)(a)條及第13.10B條作出。 根據中華人民共和國（「中國」）相關法律及法規，因本行發行二級資本債 券及無固定期限資本債券，本行截至 2025 年 9 月 3 0 日止九個月未經審計的 財務資料概要及資本充足率情況（「資料」）已刊載於中央國債登記結算有 限責任公司(http://www.chinabond.co ...

Core Viewpoint - Agricultural Bank of China (ABC) has announced the approval of a capital tool and total loss-absorbing capacity non-capital bond plan at its upcoming 2025 annual general meeting, indicating a strategic move to enhance its capital structure [1] Group 1: Bond Issuance Details - The bank will issue the "Agricultural Bank of China Co., Ltd. 2025 Second Tier Capital Bonds (Phase III)" in the national interbank bond market, following approval from relevant regulatory authorities [1] - The total issuance scale of the bonds is RMB 60 billion, divided into two varieties: a 10-year fixed-rate bond with an issuance scale of RMB 35 billion and a coupon rate of 2.18%, and a 15-year fixed-rate bond with an issuance scale of RMB 25 billion and a coupon rate of 2.50% [1] - The 10-year bond includes a conditional issuer redemption right at the end of the fifth year, while the 15-year bond includes a conditional issuer redemption right at the end of the tenth year [1] Group 2: Fund Utilization - The funds raised from this bond issuance will be used to supplement the bank's tier 2 capital in accordance with applicable laws and regulatory approvals [1]

Group 1 - The core viewpoint of the article is that Zhejiang Chouzhou Commercial Bank successfully issued its second tranche of tier 2 capital bonds, indicating strong market confidence and support from regulatory authorities [1][3]. - The bond issuance scale is 1.5 billion yuan, with a coupon rate of 2.65% and a term of 5+5 years, achieving a subscription multiple of 1.6 times [2][3]. - The total amount of tier 2 capital bonds issued by Chouzhou Bank for 2025 has reached 4 billion yuan, reflecting the bank's robust asset growth and enhanced overall strength [3]. Group 2 - The funds raised from the bond issuance will be used to supplement tier 2 capital, optimize the capital structure, and support high-quality business development [3]. - Chouzhou Bank aims to maintain a steady growth while focusing on quality improvement, with the goal of becoming a distinctive local value bank [3].

Company Dynamics - China Construction Bank has announced the issuance of its 2025 Tier 2 Capital Bonds (Second Phase) in the national interbank bond market, approved by relevant regulatory authorities, with the issuance completed on July 25, 2025 [2] - The total scale of this bond issuance is RMB 45 billion, consisting of two varieties: the first variety is RMB 40 billion with a 10-year fixed interest rate bond, featuring a conditional issuer redemption right at the end of the 5th year, with a coupon rate of 1.94%; the second variety is RMB 5 billion with a 15-year fixed interest rate bond, featuring a conditional issuer redemption right at the end of the 10th year, with a coupon rate of 2.13% [3] - The funds raised will be used to supplement the bank's Tier 2 capital, subject to applicable laws and regulatory approvals [3] - This issuance is based on the resolution passed at the shareholders' meeting on April 29, 2024, which approved the issuance of up to RMB 200 billion equivalent of write-down perpetual capital bonds or write-down qualified Tier 2 capital instruments [3]