《投资者网》崔悦晨 近期，港股上市的天津银行（01578.HK）发布了2025年中期业绩，这也是该行2025年3月完成新一届董事会换届后的首份中期业绩报告。截至报告期末，天 津银行资产总额达9656.75亿元，较上年末增长4.3%，实现营业收入88.3亿元，同比增长0.8%；净利润20.1亿元，同比增长1.6%。 在宏观经济复苏承压、银行业净息差普遍收窄的背景下，天津银行实现了营收与利润的双增长，整体不良率保持稳定。资产质量方面，不良贷款率为 1.70%，与上年末持平；拨备覆盖率达171.29%，较上年末提升2.08个百分点。受市场环境影响，净息差为1.47%，较上年同期下降0.13个百分点。 十年A股IPO"长跑"。 值得关注的是，此前的8月13日，天津银行更新了A股IPO的最新进展，显示上市辅导已进入第二十八期，辅导机构仍为中银证券与中信证券。从2015年8月 在天津证监局完成IPO辅导备案算起，这家银行的A股上市之路已整整走了十年。 资产规模向万亿元迈进 据半年报显示，截至2025年6月末，天津银行资产总额达9656.75亿元，同比增长4.3%，距离"万亿俱乐部"仅一步之遥。业绩方面，天津银行实现营业收 ...

Group 1 - The recent developments in A-share IPOs for commercial banks indicate a trend of withdrawals, with Guangdong Shunde Rural Commercial Bank and its sponsor retracting their application, leading to the termination of the review process by the Shenzhen Stock Exchange [1] - The IPO application for Guangdong Shunde Rural Commercial Bank was accepted in March 2023, but the review process lasted over two years, during which the bank had to submit updated financial information multiple times due to expiration [1] - Other banks, such as Guangzhou Bank, have also withdrawn their IPO applications, with reasons often related to strategic planning adjustments [1] Group 2 - Currently, five banks are in the IPO process, including Dongguan Bank and Guangdong Nanhai Rural Commercial Bank, which have recently updated their financial information and had their IPO status restored to "accepted" [2] - The remaining three banks in the IPO pipeline are Huzhou Bank, Hubei Bank, and Jiangsu Kunshan Rural Commercial Bank, all categorized as regional small and medium-sized banks, with their review statuses updated in 2023 [2] - Experts note that the slow progress of A-share bank IPOs is evident, with no banks listed since Lanzhou Bank in January 2022, although a recovering market environment may encourage more small and medium-sized banks to pursue IPOs [2]

Group 1 - The core point of the article is the withdrawal of Shunde Rural Commercial Bank's IPO application, which has led to a reduction in the number of banks waiting for A-share listings to five [2][4][6] - Shunde Rural Commercial Bank had been in the IPO process since 2017, with its application being accepted by the China Securities Regulatory Commission in 2019, but faced multiple interruptions and delays in recent years [3][4] - The bank's decision to withdraw its IPO application is attributed to a strategic planning adjustment, and it currently has no plans for an H-share listing [4] Group 2 - The bank has experienced a decline in profitability, with net profit showing a "three consecutive declines" trend, reporting a total profit of 33.97 billion yuan in 2024, down 7.17% year-on-year [4][5] - Despite the profit challenges, Shunde Rural Commercial Bank plans to distribute 39.99% of its net profit, amounting to 12.71 billion yuan, to shareholders [5] - The bank's asset quality is under scrutiny, with non-performing loans increasing to 40.49 billion yuan, resulting in a non-performing loan ratio of 1.61%, up 0.13 percentage points from the previous year [5] Group 3 - The overall progress of bank IPOs has slowed, with no new listings since Lanzhou Bank in January 2022, and several banks, including Shunde Rural Commercial Bank, withdrawing their applications [6][8] - Currently, there are 15 banks in the listing guidance phase, with many smaller banks opting for IPOs in Hong Kong instead [8] - Factors contributing to the stagnation of A-share IPOs include stricter regulatory reviews, limited market capacity, and prolonged IPO waiting periods [8]

Core Viewpoint - A total of 23 small and medium-sized banks are preparing for A-share IPOs, with recent developments indicating a potential restart of the IPO process for some banks after a prolonged hiatus since early 2022 [2][6]. Group 1: IPO Progress - Dongguan Bank and Nanhai Rural Commercial Bank have resumed their IPO review process after updating their financial documents, which had previously caused their applications to be put on hold [3][4]. - As of July 3, there are 6 banks waiting for A-share IPO approval, including 3 city commercial banks and 3 rural commercial banks, while 16 additional banks are in the listing guidance phase [3][7]. Group 2: Financial Performance - Dongguan Bank reported a revenue of 10.197 billion yuan in 2024, a decrease of 3.69% year-on-year, and a net profit of 3.733 billion yuan, down 8.2% [4]. - Nanhai Rural Commercial Bank achieved a revenue of 6.429 billion yuan in 2024, a decline of 6.3%, but its net profit increased by 2.99% to 2.453 billion yuan [4]. - The total assets of Nanhai Rural Commercial Bank reached 331.69 billion yuan by the end of 2024, reflecting an increase of 8.92% [4]. Group 3: Asset Quality - Dongguan Bank's non-performing loan (NPL) ratio stood at 1.01% at the end of 2024, indicating a relatively strong asset quality among city commercial banks [4]. - Nanhai Rural Commercial Bank's NPL ratio was 1.43%, which decreased by 0.06 percentage points compared to the previous year [4][5]. Group 4: Market Context - The A-share IPO market for banks has been stagnant for nearly three years, with the last bank, Lanzhou Bank, going public in January 2022 [6]. - The recent developments regarding Dongguan Bank and Nanhai Rural Commercial Bank have reignited interest in the IPO prospects of city and rural commercial banks [7][8].