证券之星消息，1月29日城商行板块较上一交易日上涨2.54%，青岛银行领涨。当日上证指数报收于 4157.98，上涨0.16%。深证成指报收于14300.08，下跌0.3%。城商行板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600919 江苏银行 | | 3.22 Z | 14.99% | -1.71 Z | -7.95% | -1.51 Z | -7.04% | | 002142 | 宁波银行 | 1.51亿 | 11.12% | -241.36万 | -0.18% | -1.49 Z | -10.94% | | 601169 | 北京银行 | 1.07 乙 | 8.92% | -2694.44万 | -2.24% | -8037.98万 | -6.68% | | 601229 | 上海银行 | 4165.56万 | 6.03% | 847.76万 | 1.23% | -5013.31万 | ...

Core Insights - The 2026 Jiangsu Province Urban Football League (referred to as "Su Super") is set to continue the momentum generated by its inaugural season in 2025, with a strong lineup of sponsors and heightened public interest [1][2]. Sponsorship and Financial Aspects - The 2026 season has attracted 24 sponsors, including notable brands such as Jiangsu Bank, Suhao Holding Group, Heineken, Adidas, and Ant Financial, showcasing a robust sponsorship portfolio [1][2]. - The total sponsorship amount for the 2026 season was previously reported to exceed 202 million yuan, although this figure is subject to confirmation due to pending agreements [2]. Audience Engagement and Popularity - The inaugural season of Su Super saw significant audience engagement, with a total attendance of 2.43 million across 85 matches, averaging 28,000 spectators per match, and online viewership reaching 2.2 billion [3]. - The league has generated a cultural phenomenon, with various social media trends and memes emerging from the matches, indicating a strong community connection [3][5]. Socioeconomic Context - The success of Su Super is attributed to the unique competitive spirit among the 13 cities in Jiangsu, which has historical and cultural significance, fostering a sense of rivalry and community pride [4][5]. - The league's rapid growth in sponsorship and popularity is also linked to the local government's effective governance and ability to connect with surrounding industries [4]. Changes and Innovations for the New Season - The 2026 season will introduce a new competition format, including a total of 91 matches, with a shift from single-elimination to two-legged knockout rounds in the playoffs, enhancing the competitive excitement [7]. - The league will also expand its sponsorship model to include small and micro enterprises, allowing them to participate alongside larger brands, which has been positively received by the public [8]. Broader Implications and Future Prospects - The success of Su Super has inspired other regions to replicate its model, although experts suggest that each area must leverage its unique cultural and social dynamics to achieve similar success [9].

银行板块盘中持续走高，青岛银行涨停，消息面上，青岛银行发布2025年度业绩快报，实现归属于母公 司股东净利润51.88亿元，同比增长21.66%。此前已有招商银行、兴业银行、宁波银行等8家上市银行率 先交出2025年度业绩快报，所有银行均实现净利润正增长。 中国银河证券指出，四季度市场风格整体延续上季度，资金对银行板块青睐程度维持在相对低位。但同 时，国有行、股份行持续受关注。近期被动资金流出对银行资金面形成扰动，但在低利率与中长期资金 加速入市的环境下，银行板块高股息、低估值的红利属性仍对险资等长线资金具备持续吸引力，加速估 值定价重构。继续看好银行板块红利价值。 截至2026年1月29日 14:07，中证银行指数(399986)强势上涨1.68%，成分股青岛银行上涨9.94%，渝农商 行上涨3.86%，宁波银行上涨3.70%，齐鲁银行，江苏银行等个股跟涨。银行ETF鹏华(512730)上涨 1.34%，最新价报1.59元。 银行ETF鹏华紧密跟踪中证银行指数，为反映中证全指指数样本中不同行业公司证券的整体表现，为投 资者提供分析工具，将中证全指指数样本按中证行业分类分为11个一级行业、35个二级行业、90 ...

Summary of Key Points Core Viewpoint - The company, Jiangsu Yabang Dyeing Co., Ltd., through its wholly-owned subsidiary, Jiangsu Yabang Hual Dye Co., Ltd., has entered into a comprehensive credit agreement with Jiangsu Bank Lianyungang Branch for a maximum credit limit of 9.5 million RMB to support its operational needs [1][2]. Group 1: Guarantee and Counter-Guarantee Overview - Jiangsu Yabang Hual has signed a contract with Lianyungang Geshida Financing Guarantee Co., Ltd. to provide a joint liability guarantee for the aforementioned credit limit of 9.5 million RMB [1][2]. - The company has provided a real estate property of 3,987.95 square meters as collateral for the counter-guarantee [2]. Group 2: Internal Decision-Making Process - The board of directors approved the provision of guarantees for consolidated entities with a total limit not exceeding 1 billion RMB, with specific limits based on the debt-to-asset ratio [2]. - As of the announcement date, the company has utilized 438.5 million RMB of the approved guarantee amount, with 428.5 million RMB for entities with a debt-to-asset ratio below 70% and 10 million RMB for those above [2]. Group 3: Guarantee and Counter-Guarantee Contracts - The entrusted guarantee contract specifies a guarantee fee of 0.8% per annum, totaling 228,000 RMB over three years, payable in advance [4][5]. - The counter-guarantee contract outlines that the company will be liable for all amounts paid by the guarantor, including principal, interest, and other costs [6][7]. Group 4: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to meet the operational liquidity needs of the subsidiary, promoting its business development and improving operational efficiency [10]. - The board believes that the subsidiary's stable financial condition and debt repayment capability make the guarantee low-risk and will not adversely affect the company or its shareholders [11].

行 业 及 产 业 银行 2026 年 01 月 28 日 行 业 研 究 / 行 业 深 度 相关研究 证 券 研 究 报 告 证券分析师 郑庆明 A0230519090001 zhengqm@swsresearch.com 林颖颖 A0230522070004 linyy@swsresearch.com 冯思远 A0230522090005 fengsy@swsresearch.com 李禹昊 A0230525070004 liyh2@swsresearch.com 联系人 冯思远 A0230522090005 fengsy@swsresearch.com 2026 年银行业选股为先，α优于β 看好 ——上市银行春季调研反馈暨板块思考 前言：年初至今银行板块累计下跌近 7% ，在各板块表现最为靠后，这与我们判断 2026 年基本面稳 步改善存在背离。开年以来我们密集走访各银行，就信贷投放、存款搬家、息差趋势、金市业务、 资产质量等市场关注重点详细交流，结合对现阶段银行板块的思考，本篇报告作以下总结。 请务必仔细阅读正文之后的各项信息披露与声明 本研究报告仅通过邮件提供给 中庚基金 使用。1 - ⚫ 总体看 ...

证券日报网讯 1月28日，江苏银行（600919）在互动平台回答投资者提问时表示，江苏银行坚持"稳中 求进、稳中求变"总基调，努力争做执行政策、遵从监管和市场表现的"三好学生"，积极应对各种压力 挑战，2025年前三年季度经营质态保持良好，主要指标持续跑赢大势。截至9月末，本行总资产4.93万 亿元，较上年末增长24.68%；前三季度实现营收671.83亿元、同比增长7.83%，实现归母净利润305.83 亿元、同比增长8.32%；不良贷款率0.84%，为上市以来最优水平，拨备覆盖率322.62%，风险抵补能力 充足。前三季度的良好发展态势为全年业绩稳健增长打下坚实基础，详情敬请关注本行将在上海证券交 易所网站披露的2025年年度报告。 ...

证券日报网讯 1月28日，江苏银行在互动平台回答投资者提问时表示，根据本行披露的2025年第三季度 报告，前三季度实现营业收入671.83亿元，其中，利息净收入498.68亿元、占营业收入74%，非息收入 173.15亿元、占营业收入26%。 （文章来源：证券日报） ...

（编辑 楚丽君） 证券日报网讯 1月28日，江苏银行在互动平台回答投资者提问时表示，江苏银行2025年度中期现金红利 已于2026年1月14日完成发放，共计派发现金红利60.72亿元，占2025年半年度合并报表口径下归属于母 公司股东净利润的30%。江苏银行上市以来，始终高度重视投资者诉求与回报，积极通过持续稳健的现 金分红回馈广大投资者的关心与支持，自上市以来已累计派发普通股现金股利超500亿元。本行高度重 视市值管理，2025年董监高及全行中层以上干部增持江苏银行股票超2400万元，详情可参阅相关公告。 2026年初至今，基于对本行发展前景和价值成长的高度认可，行长、董事会秘书、首席信息官等多位高 级管理人员持续增持股份。本行未来将持续做好经营管理，努力保持业绩稳健增长，为投资者创造更多 回报。 ...

证券日报网讯 1月28日，江苏银行（600919）在互动平台回答投资者提问时表示，本行高度重视股东诉 求和回报，上市后累计派发普通股现金股利超500亿元，近年持续保持归母净利润30%的现金分红比 例。为进一步加大投资者回馈力度，本行已连续两年实施中期分红，分红金额均占各自年度上半年归母 净利润的30%。未来，本行将一如既往权衡好股东利益和自身可持续发展需求，保持分红政策的稳定 性、连续性，努力为股东创造更多价值。 ...

证券日报网讯 1月28日，江苏银行在互动平台回答投资者提问时表示，根据现行法律法规及监管规定， 城商行互相参股需符合公司治理独立性、资本约束、关联交易管理等一系列审慎监管要求。 （文章来源：证券日报） ...