Core Points - Chongqing Bank is convening its first extraordinary general meeting of shareholders in 2025 on November 28, 2025, at 9:30 AM [2][6] - The meeting will be held at the multifunctional conference hall on the 3rd floor of the Chongqing Bank headquarters [2] - Voting will be conducted through a combination of on-site and online methods, with online voting available only for A-share shareholders [2][3] Meeting Details - The meeting is called by the Board of Directors [2] - The online voting system will be the Shanghai Stock Exchange's shareholder meeting online voting system, available from 9:15 AM to 3:00 PM on the day of the meeting [3][6] - Specific voting procedures for margin trading, transfer, and other related accounts must comply with relevant regulations [4] Agenda Items - The meeting will review several proposals that have been approved in previous board and supervisory meetings [7] - Special resolutions will include items 2, 3, 4, and 5 [8] - There will be a separate vote for small investors on item 1 [9] Voting Instructions - Shareholders can vote through the Shanghai Stock Exchange's online voting system or in person [11] - Shareholders with multiple accounts can aggregate their voting rights across all accounts [11] - All proposals must be voted on before submission [12] Attendance Information - A-share shareholders registered by the close of trading on the registration date are eligible to attend the meeting [13] - Directors, supervisors, senior management, and appointed lawyers are also allowed to attend [13][14] Registration Process - Individual shareholders must present identification and proof of shareholding to register [16] - Corporate shareholders must provide legal representative documents and identification for registration [16] Additional Information - Contact details for the Board of Directors office are provided for inquiries [17] - Attendees are responsible for their own travel and accommodation expenses [18]

Report Overview - The report analyzes the convertible bond holdings of public funds in Q3 2025, including scale, industry and style preferences, and factor performance [1][9] 1. Report Industry Investment Rating - Not provided in the report 2. Report's Core View - As of Q3 2025, public funds held convertible bonds worth 303.8 billion yuan, with the market value ratio increasing to 38.94%. Funds prefer convertible bonds with low BS pricing premium, high conversion value, large balance, and low conversion premium ratio. Factors such as maturity, implied volatility, and pure bond value have performed well this year [1][9] 3. Summary by Relevant Catalog 3.1 Publicly - Held Convertible Bond Scale - As of Q3 2025, 1581 public funds held convertible bonds, with a total scale of 303.8 billion yuan, accounting for 38.94% of the total convertible bond market value [9][13] 3.2 Convertible Bond Funds and Heavy - Held Convertible Bonds - Funds with large convertible bond holdings in Q3 2025 include Boshi CSI Convertible and Exchangeable Bond ETF, Haifutong Shanghai Stock Exchange Investment - Grade Convertible and Exchangeable Bond ETF, etc., all with holdings over 7 billion yuan. Funds with a high proportion of convertible bonds include Huashang Convertible Bond Selection A, Rongtong Convertible Bond A, etc., all with a proportion over 105% [15] 3.3 Convertible Bond Holding Industry Distribution - In terms of market value, the banking, power equipment and new energy, basic chemicals, and electronics industries have the largest holdings, all over 20 billion yuan. The banking industry accounts for 19%. Power equipment and new energy, banking, and basic chemicals are over - allocated, while power and utilities, non - banking, and construction are under - allocated [9][20] 3.4 Convertible Bond Holding Style Distribution - 21 style factors are constructed from four aspects: convertible bond valuation, underlying stock, trading, and terms. The market's funds prefer convertible bonds with low BS pricing premium, high conversion value, large scale, and low conversion premium ratio [22][27] 3.5 Convertible Bond Holding Factor Performance - From December 31, 2024, to October 29, 2025, factors such as maturity, implied volatility, implied volatility premium for 1 year, pure bond value, and peak factor have performed relatively well, with information ratios above 1.7 [29][30]

Core Viewpoint - The first "mega" convertible bond project in history, the SPDB convertible bond, is set to delist from the Shanghai Stock Exchange, with a conversion rate of 99.67%, significantly exceeding market expectations [2][4]. Summary by Sections Convertible Bond Performance - As of October 27, the SPDB convertible bond had an unconverted balance of 164 million yuan, representing only 0.33% of the total issuance of 50 billion yuan [4]. - The bond was issued on October 28, 2019, with a maturity date of October 28, 2025, and was intended to support the bank's future business development and core tier one capital [4]. Market Dynamics - Following the delisting of the SPDB convertible bond, only six bank convertible bonds will remain in the market, with five having a conversion rate of less than 0.01% [2][7]. - The disparity in performance among bank convertible bonds is attributed to the underlying stock performance [6][9]. Investor Activity - Multiple capital entities, including China Mobile, have increased their holdings in SPDB through the conversion of bonds, raising their stake to 18.18% [4][5]. - The management of SPDB has accelerated the conversion process this year, reflecting confidence in the bank's future operations and capital replenishment [5]. Future Outlook - The market for bank convertible bonds may continue to shrink in the short term due to a lack of large financial convertible bond issuance and ongoing low conversion rates [9]. - This situation may lead to a restructuring of the convertible bond market, with institutional investors seeking alternative assets to fill the gap left by the exiting bank convertible bonds [9].

Core Insights - Chongqing Bank has reported strong financial performance for the first three quarters of 2025, achieving operating income of 11.74 billion yuan, a year-on-year increase of 10.4%, and a net profit of 4.879 billion yuan, up 10.19% [1][3] - The bank's total assets reached 1.02 trillion yuan by the end of September 2025, marking a 19.39% increase from the end of the previous year [1][4] - Despite the growth in net interest income, the bank faced challenges in its intermediary business, with net commission income declining by 27.6% [1][8] Financial Performance - For Q3 2025, Chongqing Bank's operating income was 4.081 billion yuan, reflecting a growth of 17.38% compared to the same quarter last year [3] - The bank's net profit for Q3 2025 was 1.69 billion yuan, with a significant year-on-year growth of 20.54%, the highest quarterly growth since its A-share listing in February 2021 [3][4] - The bank's net interest income for the first three quarters was 9.12 billion yuan, a 15.22% increase year-on-year [6] Asset Quality and Risks - As of September 2025, the bank's non-performing loan balance was 5.894 billion yuan, with a non-performing loan ratio of 1.14%, a decrease of 0.11 percentage points from the end of the previous year [4][10] - The bank faced regulatory penalties for inadequate loan checks and imprudent investment practices, resulting in a fine of 2.2 million yuan [2][9] - The rapid expansion of the bank's assets has led to a decline in capital adequacy ratios, with the core tier 1 capital ratio dropping by 1.31 percentage points to 8.57% [10] Dividend and Shareholder Returns - Chongqing Bank announced a cash dividend plan, proposing to distribute 1.684 yuan per share, totaling 585 million yuan, which represents 11.99% of its net profit for the first three quarters [3][4] - This marks the second consecutive year the bank has issued dividends in Q3, with total dividends distributed since its A-share listing amounting to 7.465 billion yuan [4]

Core Insights - Chongqing Bank has reported strong financial performance for the first three quarters of 2025, achieving operating income of 11.74 billion yuan, a year-on-year increase of 10.4%, and a net profit of 4.879 billion yuan, up 10.19% [1][3] - The bank's total assets reached 1.02 trillion yuan by the end of September 2025, marking a 19.39% increase from the end of the previous year [1][4] - Despite the growth in income and assets, the bank faced regulatory penalties for inadequate loan checks and imprudent investment practices, resulting in a fine of 2.2 million yuan [2][9] Financial Performance - For Q3 2025, Chongqing Bank's operating income was 4.081 billion yuan, reflecting a 17.38% year-on-year growth, while net profit for the same period was 1.69 billion yuan, up 20.54% [3][4] - The bank's net interest income for the first three quarters was 9.12 billion yuan, a 15.22% increase compared to the previous year [6] - Non-interest income showed mixed results, with investment income rising by 24.89% to 2.34 billion yuan, but net commission income fell by 27.6% to 559 million yuan [8] Asset Quality and Risks - As of September 2025, the bank's non-performing loan (NPL) balance was 5.894 billion yuan, with an NPL ratio of 1.14%, a slight decrease from the previous year [4][10] - The bank's retail NPLs increased, with the NPL ratio for personal loans rising to 3.01% by June 2025 [10] - Regulatory scrutiny highlighted concerns over the bank's risk management practices, particularly regarding loan checks and investment prudence, which could pose long-term risks despite short-term performance [9] Capital Adequacy - By the end of September 2025, Chongqing Bank's core Tier 1 capital adequacy ratio was 8.57%, down 1.31 percentage points from the previous year [10] - The bank's rapid asset growth has led to a noticeable consumption of capital, raising concerns about its long-term capital adequacy [10]

Core Points - The announcement indicates a change in shareholder equity for Chongqing Bank, with no triggering of a mandatory takeover and no change in the largest shareholder [2][5] - The equity change involves the transfer of 100% equity of Chongqing Yuli Material Co., Ltd. from Chongqing Yuli Commercial Management Co., Ltd. to Chongqing Guochuang Investment Management Co., Ltd. [2][3] - The transfer affects the shareholding structure of the first major shareholder, Chongqing Yufu Capital Operating Group Co., Ltd., reducing its combined shareholding from 762,767,251 shares (21.95%) to 762,137,752 shares (21.93%) [3][4] Equity Change Details - Before the equity change, Chongqing Yufu Capital and its concerted actors held 762,767,251 shares, representing 21.95% of the total share capital [3] - After the equity change, the combined shareholding decreased to 762,137,752 shares, which is 21.93% of the total share capital [3] - The equity transfer does not require a report on equity changes or a takeover report, and it does not affect the daily operations of the bank [4][5] Convertible Bond Information - As of September 30, 2025, a total of RMB 856,000 of the convertible bonds have been converted into 80,463 shares, accounting for 0.0023% of the total shares before conversion [8][10] - In the third quarter of 2025, RMB 25,000 of convertible bonds were converted into 2,575 shares [8][10] - The remaining unconverted amount of convertible bonds is RMB 12,999,144,000, which is 99.9934% of the total issued amount [8][10]

Summary of Key Points Core Viewpoint - The announcements from six listed banks in A-shares regarding the results of convertible bond conversions indicate a significant amount of capital being converted into ordinary shares, reflecting the banks' strategies to enhance their equity base and manage capital effectively [1][2][3]. Group 1: Bank-Specific Announcements - Shanghai Pudong Development Bank reported that as of September 30, 2025, a total of RMB 25.43 billion of its convertible bonds have been converted into 2.00 billion shares, representing 6.82% of the total ordinary shares before conversion [1]. - Industrial Bank announced that RMB 8.65 billion of its convertible bonds have been converted into 388.66 million shares, accounting for 1.87% of its total ordinary shares prior to conversion [1]. - Shanghai Bank disclosed that RMB 22.17 million of its convertible bonds have been converted into 2.47 million shares, which is 0.0174% of its total ordinary shares before conversion [1]. - Chongqing Bank stated that RMB 856,000 of its convertible bonds have been converted into 80,463 shares, making up 0.0023% of its total ordinary shares prior to conversion [1]. - Changshu Bank reported that RMB 511,000 of its convertible bonds have been converted into 72,349 shares, representing 0.003% of its total ordinary shares before conversion [2]. - Zijin Bank indicated that RMB 432,000 of its convertible bonds have been converted into 98,352 shares, which is 0.0027% of its total shares before conversion [2].

Core Viewpoint - Chongqing Bank announced a significant change in shareholder equity due to the transfer of shares by Chongqing Water Investment Group, impacting the ownership structure of the bank [2][3][6]. Group 1: Shareholder Equity Changes - Chongqing Water Investment Group transferred 52,000,000 A-shares of Chongqing Bank at a price of 10.70 CNY per share, representing 1.50% of the total share capital [3][6][8]. - Following the transfer, the shareholding percentage of Chongqing Water Investment Group decreased from 8.50% to 7.00%, while the shareholding of its associated party, Chongqing Yufu Capital, decreased from 23.45% to 21.95% [3][6][8]. Group 2: Regulatory Approvals and Announcements - The transfer was approved by the Chongqing State-owned Assets Supervision and Administration Commission, allowing Chongqing Real Estate Group to acquire the shares from Chongqing Water Investment Group [2][12]. - The announcement regarding the equity change was made on September 6, 2025, confirming the completion of the share transfer [4][5][11].

Core Points - Chongqing Water Investment Group reduced its stake in Chongqing Bank by transferring 52 million A-shares, representing 1.50% of the total share capital, at a price of 10.70 yuan per share [2][3][7] - Following the transfer, Chongqing Water Investment Group's ownership decreased from 8.50% to 7.00% [2][3] - The transaction was completed on September 3, 2025, and was part of a broader plan approved by the Chongqing State-owned Assets Supervision and Administration Commission [6][11] Shareholder Information - Before the transfer, Chongqing Water Investment Group held 295,335,802 shares of Chongqing Bank, accounting for 8.50% of the total share capital [2] - The transfer was executed as part of a strategic decision by Chongqing Water Investment Group to meet its development needs [2][6] Transaction Details - The shares were sold through a block trade, and the total transaction value did not exceed 5.8 billion yuan [6][10] - The transfer was consistent with the previously disclosed plan, and the minimum reduction target was achieved [4][5] Impact on Shareholding Structure - After the transfer, the shareholding percentage of Chongqing Water Investment Group fell to 7.00%, triggering a 1% threshold change in equity [3][7] - The transaction also affected the shareholding of Chongqing Real Estate Group and its concerted actions, increasing their stake from 5.10% to 6.60% after acquiring the same number of shares [11]

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.* 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 ） （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《2025年半年度報告摘要》，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8月22日 於本公告刊發日期，本行的執行董事為楊秀明先生、高嵩先生及侯曦蒙女士；本行的非 執行董事為黃漢興先生、郭喜樂先生、吳珩先生、付巍先生、周宗成先生及余華先生； 本行的獨立非執行董事為朱燕建先生、劉瑞晗女士、汪欽琳女士、曾宏先生及陳鳳翔先 生。 * 本行經中國銀行業監督管理機構批准持有B0206H250000001號金融許可證，並經重慶市市 場 ...