近年来，从创新挂钩贷款到发行绿色债券，南京银行在支持零碳园区领域取得多项突破性进展，正以多 元化的绿色金融工具，为长三角地区的零碳园区建设注入强劲动力。 打造样板：精准支持区域零碳产业园发展 2025年5月，南京江宁经济技术开发区内的龙头企业南京埃斯顿（002747）自动化股份有限公司，获得 南京银行首笔3400万元的"近零碳工厂"挂钩贷款，企业在后期经营发展中如能实现"近零碳"排放标准、 达成科学降碳目标，银行将对该笔贷款利率予以优免。 南京江宁经济技术开发区是全国首批国家级碳达峰试点园区，南京银行与该园区深度合作，设立绿色低 碳发展共创中心，支持园区创建江苏省首批"近零碳"示范工厂，并在园内开设南京市首家"零碳网点"， 专注为企业提供专业的绿色低碳咨询、融资服务等一站式综合金融服务。"近零碳工厂"挂钩贷这一创新 产品的推出和落地，标志着银政企协同打造的绿色金融体系正在成型见效，园区绿色低碳转型迈入新的 阶段。 在全国首批碳达峰试点城市—盐城，南京银行紧抓当地零碳园区建设机遇，围绕园区能源结构优化与产 业链低碳融合，重点服务绿色食品、绿色基建、绿色能源、绿色建材等领域企业。截至目前，该行已累 计提供超13亿 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 当前，做好金融"五篇大文章"是推动行业高质量发展的必然要求，绿色金融已上升为金融机构的核心战 略。这一进程中，可持续信息披露正有效驱动金融机构融入绿色发展理念，落地绿色创新实践，从而引 导资金精准流向低碳领域。 12月11日，在由绿色金融60人论坛（GF60）主办的2025第四届绿色金融北外滩论坛上，来自银行、理 财、保险资管、证券资管、公募基金及信托六大领域的资深专家围绕"可持续信息披露与金融高质量发 展"展开深度对话，共同探讨金融机构如何通过信息披露、战略定位、产品创新与风险管控等实践，推 动"十五五"时期绿色金融提质增效。 主题对话一现场 本次对话由上海金司南金融研究院副院长尹彬彬主持，对话嘉宾包括国泰海通资管董事长陶耿、工银安 盛资产总经理尚鹏、华夏理财副总裁贾志敏、江南农商银行副行长李勇、路博迈基金总经理阎小庆及上 海信托副总经理简永军。 上海金司南金融研究院副院长尹彬彬 国泰海通资管董事长陶耿指出，ESG已成为财富管理机构的核心战略组成部分。公司不仅在投资端将 ESG指标纳入固收、权益、ABS、公募REITs等融资业务的投研体系，屡获绿色金融创新及 ...

2025年10月末，四川本外币各项贷款余额12.8万亿元，较2020年末增长80.7%，金融"五篇大文章"贷款余额4.42万亿元，重点领域贷款增速均高 于各项贷款增速……12月10日，省政府新闻办举办"十四五"时期金融支持四川经济高质量发展新闻发布会，一组组数据勾勒出5年间，四川金 融业高质量发展的"成绩单"。 发布会现场（华小峰/摄） 增供给优结构 金融活水精准滴灌实体经济 拿到成绩单，一个数据格外引人注意：近5年，四川本外币存款、贷款余额年均增速约为9.5%和12.7%。 增速的背后，是全省金融系统加大了支持力度。"尤其是贷款增速明显高于同期名义经济增速，有力满足市场主体合理信贷需求。"中国人民银 行四川省分行副行长李强说，近年来，四川不断加强金融政策和财政、产业政策的协同，特别是2024年9月以来，四川加力落实系列存量和增 量金融政策，针对性优化金融资源配置，金融服务实体经济质效大幅提升，有力支持了四川发挥经济大省挑大梁作用。 数据显示，在重点项目融资上，2025年10月末，四川省基础设施领域贷款余额4.47万亿元，较2020年末增长210%。在强化乡村全面振兴金融 服务上，2025年10月末，全省涉农 ...

强化乡村全面振兴金融服务 成绩单 重点项目融资 ●2025年10月末,四川基础设施 领域贷款余额为4.47万亿元,较2020 年末增长210% ●2025年10月末,全省涉农贷款 余额为2.74万亿元,"金融链长制"覆 盖56个涉农重点产业,"天府粮仓"建 设重点领域贷款余额突破万亿元,25 个国家重点帮扶县贷款增速持续高于 各项贷款增速 助企业"轻装上阵" ●2025年10月,新发放企业贷款、 普惠小微贷款和个人住房贷款的加权平 均利率,分别约为3.77%、4.02%和 3.05%,较2020年12月下降 121、 143和271个基点 ●推动支持小微企业融资协调工作 机制提质扩面,向"推荐清单"内经营主 体发放贷款1.29万亿元 ●推动金融机构以"线上平台+线下 走访"联动形式持续下沉服务重心, 2025年10月末,全省普惠重点领域贷 款余额为1.52万亿元,较2020年末增 长243% 量身定制服务方案 ●对科技型企业,通过升级科技金 融"星辰计划",积极探索"股贷债保"联 动服务机制,帮助科技型企业把"软信 息"转化为金融"硬资产" ●对绿色低碳企业,创新推出"绿金 降成本提效能 多举措助企业"轻装上 ...

Core Viewpoint - CITIC Bank was awarded "Bank of the Year China 2025" by The Banker magazine, highlighting its exceptional brand building and comprehensive service matrix that meets customer needs across various sectors [1] Group 1: Brand Activities and Value Communication - CITIC Bank emphasizes its core value of "Wealth with Warmth" through brand activities, including the "信·新" forum focused on financial empowerment for consumption [2] - The bank's continuous engagement in sports and cultural events enhances brand recognition and emotional connection with the audience, showcasing its commitment to the "financial for the people" philosophy [3] Group 2: Business Layout and Performance - CITIC Bank maintains a robust performance across its three main business segments: retail, corporate, and financial markets, ensuring balanced development in quality, efficiency, and scale [5] - In retail banking, CITIC Bank focuses on wealth management, achieving a retail AUM of 5.26 trillion yuan and a year-on-year growth of 13.59% in wealth management income [5][6] - The corporate banking segment has seen a general corporate loan balance of 2.974 trillion yuan, with a year-on-year increase of 10.99%, particularly in manufacturing and private sector loans [6] Group 3: Social Responsibility and ESG Initiatives - CITIC Bank integrates ESG principles into its brand practices, engaging in various charitable activities and educational support programs to assist underprivileged groups [7] - The bank has been recognized for its contributions to rural revitalization and green finance, being the only commercial bank rated "Excellent" in the 2024 rural revitalization assessment [9] - CITIC Bank's brand value reached $16.95 billion, marking a 27.23% increase, and it achieved an upgrade to AAA in the latest ESG ratings by MSCI [9]

Core Insights - CITIC Bank has been recognized for its exceptional brand building practices amidst profound changes in the financial industry, focusing on a comprehensive product and service matrix that spans retail, corporate, and financial markets [1] - The bank's brand philosophy of "making wealth warm" is integrated into product innovation, customer service, and social responsibility, establishing a differentiated and sustainable brand competitiveness [1] Brand Activities and Value Communication - CITIC Bank continues to promote its core value of "making wealth warm" through brand activities, exemplified by the successful hosting of the third "Xin·New" brand high-quality development forum [2] - The forum released the "China Residents' Pension Wealth Management Development Report (2025)" to explore the integration of financial product innovation and pension services, aiming to provide insights for the development of pension finance in China [2] - The bank's vice president emphasized the importance of value creation and the pursuit of a differentiated financial brand to contribute to high-quality financial development and modernization in China [2] Brand Engagement and Emotional Connection - CITIC Bank has engaged in various brand activities over the years, including supporting the China Open Tennis Tournament and launching photography competitions, which enhance brand aesthetics and emotional connections with the audience [3] - The systematic layout of brand activities has effectively increased brand awareness and reputation while translating the "finance for the people" concept into tangible service experiences [3] Business Development and Performance - CITIC Bank has implemented a collaborative approach across its three main business segments: retail finance, corporate business, and financial markets, focusing on customer-centric and cross-segment integrated financial services [4] - In retail finance, the bank aims to be a leading wealth management institution, with retail assets under management (AUM) reaching 5.26 trillion yuan, and a year-on-year growth of 13.59% in wealth management income [4] - The corporate business has seen a general corporate loan balance of 2.974 trillion yuan, an increase of 294.61 billion yuan or 10.99% year-on-year, with significant growth in loans to manufacturing and emerging industries [5] Social Responsibility and ESG Integration - CITIC Bank integrates ESG principles into its brand practices, engaging in various charitable activities and support for vulnerable groups, showcasing a responsible corporate image [7] - The bank has initiated educational support programs and medical assistance projects, demonstrating its commitment to social welfare and community support [7] - In rural revitalization, CITIC Bank has focused on directing financial resources to key areas such as agriculture and rural infrastructure, receiving recognition for its efforts in supporting rural development [8] Brand Value and Future Outlook - According to Brand Finance, CITIC Bank's brand value reached 16.95 billion USD, a year-on-year increase of 27.23%, making it the fastest-growing bank brand in mainland China [9] - The bank has achieved an upgrade in its ESG rating from A to AAA, reflecting its commitment to high-quality development and social responsibility [9] - Looking ahead, CITIC Bank aims to maintain strategic focus and continue contributing to the modernization of China's financial landscape while upholding its values of responsibility and warmth [9]

Core Viewpoint - The financial empowerment system will play a crucial role in the high-quality development of the Yangtze River Delta, transitioning the regional economy from "geographical collaboration" to "functional integration" as part of the 14th Five-Year Plan [1][4]. Financial Empowerment System - The financial empowerment system is not just a tool for capital allocation but a comprehensive ecosystem that integrates long-term, innovative, collaborative, and risk-controlled elements [3]. - This system facilitates the efficient flow of core elements such as capital, technology, and talent, leading to a systemic leap from "individual efforts" to "collective strength" in regional development [4]. Support for High-Quality Development Model - The financial empowerment system is a key support for the "three-in-one 2.0 high-quality development model," which includes institutional guarantees, innovation-driven systems, and financial empowerment systems [4]. Five Major Areas of Financial Service - The financial empowerment system provides a clear practical path for integrated development in the Yangtze River Delta through five major areas: - Green finance guides capital towards low-carbon industries, aiding in the region's green transition [5]. - Technology finance accelerates the transformation of technological achievements through venture capital and intellectual property pledges [5]. - Digital finance enhances the accessibility and precision of financial services using big data and AI [5]. - Inclusive finance activates small and micro enterprises and rural economies by addressing the "last mile" of service [5]. - Pension finance extends the industrial chain, boosting regional consumption and social security capabilities [5]. Financial Security and Regional Integration - The financial empowerment system strengthens the financial security of the Yangtze River Delta, with Shanghai as the leading international financial center [5]. - The region is building a model of financial strength that promotes internal and external circulation, risk prevention, and functional integration [5]. Development Patterns and Challenges - The development pattern identified includes "institutional collaboration as a prerequisite, technological empowerment as a means, and industrial integration as a goal" [6]. - Examples of financial innovation include carbon-neutral bonds issued by Zhejiang New Energy Group and support for small tech enterprises through the Shanghai Equity Custody Trading Center [6]. Recommendations for Overcoming Challenges - Seven strategies are proposed to address current challenges such as institutional barriers and regional imbalances: - Unify regulatory standards and establish cross-regional policy coordination mechanisms [6]. - Balance regional financial support to break the "Matthew effect" [6]. - Build an innovative financial technology system to promote data sharing [6]. - Improve financial talent training and incentive mechanisms [6]. - Create a "smart financial corridor" to eliminate data barriers [6]. - Strengthen local financial firewalls and establish a risk prevention network [6]. - Enhance capital flow efficiency and promote cross-border financial facilitation policies [6].

Core Insights - The trading association reported the issuance of ESG debt financing tools in the first three quarters of 2025, highlighting a total of 222 green debt financing tools issued, amounting to 205.794 billion yuan, making it the largest in the green corporate credit bond market [1] Group 1: Issuance Overview - In the first three quarters, green debt financing tools were issued across 24 provinces and regions, including Beijing, Guangdong, Jiangsu, and Tianjin, with funds primarily allocated to clean energy, infrastructure upgrades, and energy-saving projects [1] - A total of 10 private enterprises issued 15 green debt financing tools, raising 7.325 billion yuan [1] - Nine issuers made their debut in the interbank market through green debt financing tools, with a total scale of 5.164 billion yuan [1] Group 2: Product Types - There were 53 carbon-neutral bonds issued, totaling 52.894 billion yuan, expected to achieve an annual CO2 reduction of 7.1613 million tons and energy savings of 3.4826 million tons [1] - A total of 32 sustainable development-linked bonds (SLBs) were issued, amounting to 22.302 billion yuan, focusing on performance targets such as gas extraction utilization, renewable energy usage, and water supply network leakage rates [1] - Two transition bonds were issued, totaling 3 billion yuan [1] Group 3: Carbon Asset Financing - The issuance of carbon asset debt financing tools is gaining traction, with four tools issued in the first three quarters, amounting to 1.7 billion yuan [2] - The primary issuers are energy sector companies, utilizing structures that link floating interest rates to carbon asset revenues [2]

Core Viewpoint - The company has achieved significant growth in its operating performance in the first half of 2025, with a consolidated revenue of 11.695 billion and a net profit of 4.284 billion, reflecting a year-on-year increase of 44.44% and 101.32% respectively [2] Group 1: Capital Market Development - The company remains optimistic about the development prospects of the Chinese capital market and actively supports its stability and expectations [4] - As one of the first financial institutions to participate in the central bank's swap facility, the company has been instrumental in maintaining market stability and providing liquidity support to various market segments [4][5] - The company is focused on internationalization and high-quality financial services to support the Belt and Road Initiative, assisting four companies in going public in Hong Kong and completing 114 overseas bond projects [4][5] Group 2: Investment Banking Performance - The company has successfully advanced quality investment banking projects, achieving a net income of 627 million from investment banking fees, a year-on-year increase of 49.12% [7] - The company ranks 7th in the industry for equity underwriting and 6th for bond underwriting, with historical highs in both categories [7][8] Group 3: Wealth Management Transformation - The company’s wealth management transformation is driven by customer needs, resulting in a 44.32% increase in net income from agency trading to 2.011 billion [10] - The number of retail clients has increased significantly, with over 10 million clients and a total of 4.77 trillion in client assets under custody [10] Group 4: Research and Innovation - The company has developed a comprehensive research system integrating investment, industry, and policy research, enhancing its professional and customized services [13] - The company has also seen growth in its FICC sales and trading business, maintaining a competitive edge and expanding its product offerings [14]

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core Viewpoints - Economic operation shows that export rush boosts foreign trade recovery, and import rebound indicates improved domestic demand. The money market remains liquid with low - priced funds. The issuance of credit bonds has increased significantly in both quantity and scale, and the average issuance cost has decreased [4]. - The joint issuance of the "Guiding Opinions on Financial Support for New - style Industrialization" by seven departments including the People's Bank of China clarifies the goals and paths for financial support of new - style industrialization, which may increase the participation of traditional manufacturing enterprises in the science - innovation and green bond markets [9]. - A new type of bond, the first non - listed high - growth small and medium - sized enterprise support bond, has been successfully issued, which is an innovative practice to promote inclusive finance [12]. 3. Summary by Directory 3.1 Macroeconomic Dynamics - **Economic Data**: In July, exports increased by 7.2% year - on - year, and imports increased by 4.1% year - on - year, both exceeding market expectations. The export boost is due to the "tariff relaxation period" between China and the US, and the expansion of diversified markets. The import growth reflects improved domestic production and investment demand and nominal growth from commodity prices [6]. - **Funding Situation**: From August 4th to 8th, the central bank conducted 7 - day reverse repurchase operations, resulting in a net capital withdrawal of 53.65 billion yuan, and a net investment of 30 billion yuan through outright reverse repurchases. The weekly average of DR001 and DR007 decreased by 5.59BP and 8.25BP respectively compared to the previous week [7][8]. 3.2 Bond Market Observation - **Bond Market Policy**: The "Guiding Opinions on Financial Support for New - style Industrialization" was issued, aiming to establish a mature financial system for manufacturing by 2027, and promoting the application of various financial tools. It may increase the participation of traditional manufacturing enterprises in the science - innovation and green bond markets [9]. - **Bond Issuance**: This week, 1,147 bonds were issued in the primary market, with a total issuance scale of 210.4521 billion yuan and a net financing inflow of 98.5378 billion yuan. The number of credit bond issuances increased by 66.38% month - on - month, and the scale increased by 85.28% month - on - month. The average issuance cost decreased by 22.44BP [10]. - **New Bond Types**: On August 5th, Yixing Liuchuang Huizhi Science and Technology Development Co., Ltd. successfully issued the first non - listed high - growth small and medium - sized enterprise support bond on the Shanghai Stock Exchange, with a scale of 300 million yuan and a term of 5 years [12]. 3.3 Risk Warning - No issuer's subject rating was downgraded this week [4][15]. - No issuer's rating outlook was downgraded this week [4][15].