证券代码：601077 证券简称：渝农商行 公告编号：2025-001 重庆农村商业银行股份有限公司 2024 年半年度 A 股权益分派实施公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 每股分配比例 A 股每股现金红利人民币 0.1944 元（含税） 相关日期 本次利润分配以方案实施前的本行总股本 11,357,000,000 股为基数（其中 A 股股本为 8,843,663,959 股），每股派发现金红利人民币 0.1944 元（含税），共计派发现金红利人民币 2,207,800,800 元（含税），其中派发 A 股现金红利人民币 1,719,208,273.63 元（含税）。 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/1/22 | － | 2025/1/23 | 2025/1/23 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经重庆 ...

Investment Rating - The report assigns a "Buy" rating for Chongqing Rural Commercial Bank (渝农商行) with a target price of 7.39 CNY over the next six months [1]. Core Insights - The report highlights the positive macroeconomic policies and the development of the Chengdu-Chongqing economic circle, which are expected to boost overall credit demand in Chongqing, allowing Chongqing Rural Commercial Bank to steadily expand its balance sheet [2][71]. - The bank's loan-to-total-assets ratio is currently at 46.8%, significantly lower than the industry average of 57.2%, indicating potential for optimizing asset structure to mitigate the negative effects of interest rate cuts on income from interest-earning assets [2]. - The bank has a strong cost advantage with a deposit interest rate of only 1.8%, which is 18 basis points lower than its peers, contributing to its competitive position [2][12]. - The bank has actively written off non-performing loans, resulting in improved asset quality, with the non-performing loan ratio decreasing from 1.3% in 2020 to 1.2% in Q3 2024 [3]. Summary by Sections Company Overview - Chongqing Rural Commercial Bank, established in 1951, has grown to become the largest rural commercial bank in China by asset size, with total assets reaching 15,174.67 billion CNY as of Q3 2024 [22][48]. - The bank has a robust shareholder structure, with the Chongqing State-owned Assets Supervision and Administration Commission holding a 31.02% stake [26][52]. Asset and Liability Management - The bank's total assets have shown steady growth, with a compound annual growth rate of 8.8% from 2020 to 2023 [48]. - The bank's non-performing loan ratio is 1.2%, ranking second among listed rural commercial banks, while its provision coverage ratio stands at 358.6% [30][57]. Profitability and Valuation - The report forecasts the bank's book value per share (BVPS) to be 10.97 CNY in 2024, with corresponding price-to-book (PB) ratios of 0.54, 0.51, and 0.48 for 2024-2026 [14]. - The bank's return on equity (ROE) is projected to be around 8.31%, which is in line with the industry average [31][34]. Market Position and Growth Potential - The bank has a significant market presence in Chongqing, with a county-level deposit market share of 32.2% as of 2023, supported by a wide network of 1,741 branches [12][74]. - The ongoing development of the Chengdu-Chongqing economic circle is expected to enhance credit demand, particularly in the public sector, benefiting the bank's growth trajectory [71].

证券代码：601077 证券简称：渝农商行 公告编号：2024-042 表决情况：有效表决票 7 票，同意 7 票，反对 0 票，弃权 0 票。 特此公告。 重庆农村商业银行股份有限公司监事会 本行监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重庆农村商业银行股份有限公司（以下简称"本行"）第五届监事会第二十 八次会议于2024年12月26日在本行总行503会议室以现场结合通讯方式召开。 本行已于 2024 年 12 月 20 日以直接送达、传真和电子邮件形式发出会议通知和 材料。本次会议应出席监事 7 名，实际出席监事 7 名。会议的召开符合法律、行 政法规、部门规章、规范性文件和《重庆农村商业银行股份有限公司章程》的有 关规定。 本次会议审议通过了以下议案： 一、关于审议《谢文辉同志履职情况审计的报告》的议案 表决情况：有效表决票 7 票，同意 7 票，反对 0 票，弃权 0 票。 二、关于审议《重庆农村商业银行监事会关于全行战略规划及薪酬管理制度 实施情况评估的报告》的议案 重庆农村商业银行股份有限公司 第五届监事会第 ...

证券代码：601077 证券简称：渝农商行 公告编号：2024-041 重庆农村商业银行股份有限公司 第五届董事会第五十一次会议决议公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重庆农村商业银行股份有限公司（以下简称"本行"）第五届董事会第五十 一次会议于 2024 年 12 月 26 日在本行总行 401 会议室以现场方式召开。本行已 于 2024 年 12 月 23 日以电子邮件形式发出会议通知和材料，于 2024 年 12 月 25 日以电子邮件形式发出会议补充通知和材料。本次会议应出席董事 9 名，实际出 席董事 9 名（其中，现场出席董事 1 名，董事张培宗先生书面委托隋军先生代为 出席会议并行使表决权，董事李明豪先生书面委托毕茜女士代为出席会议并行使 表决权，董事胡淳女士、殷祥林先生、彭玉龙先生、张桥云先生、李嘉明先生、 毕茜女士以通讯方式参会）。本行股东上海豫园旅游商城（集团）股份有限公司 质押本行股权比例超过 50%，根据监管规定对其提名的彭玉龙董事在董事会上的 表决权进行了限制。会议的召开符合法律 ...

证券代码：601077 证券简称：渝农商行 公告编号：2024-040 重庆农村商业银行股份有限公司 2024 年第一次临时股东大会决议公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | | 1,218 | | --- | --- | --- | | 其中：A | 股股东人数 | 1,217 | | 境外上市外资股股东人数（H | 股） | 1 | | 2、出席会议的股东所持有表决权的股份总数（股） | | 5,005,209,840 | | 其中：A | 股股东持有股份总数 | 4,252,979,455 | | 境外上市外资股股东持有股份总数（H | 股） | 752,230,385 | (一) 股东大会召开的时间：2024 年 12 月 16 日 (二) 股东大会召开的地点：重庆市江北区金沙门路 36 号重庆农村商业银行股 份有限公司大厦会议中心 (三) 出席会议的普通股股东及其持有股份情况： | 3、出席会议的 ...

泰和泰（重庆）律师事务所 关于重庆农村商业银行股份有限公司 2024年第一次临时股东大会的 泰和泰（重庆）律师事务所 关于重庆农村商业银行股份有限公司 2024 年第一次临时股东大会的 法律意见书 法律意见书 中国 • 重庆市两江新区财富大道1号财富金融中心36/43层 36/43 F, Fortune Financial Center, No. 1 Fortune Avenue Liangjiang New Area, Chongqing, People's Republic of China 电话| TEL: 86-23-67887666 www.tahota.com 1 法律意见书 致：重庆农村商业银行股份有限公司 泰和泰（重庆）律师事务所（以下简称"本所"）接受重庆农村商 业银行股份有限公司（以下简称"公司"）的委托，指派律师出席公司 2024 年第一次临时股东大会（以下简称"本次股东大会"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东大会规则》等相关法律、法规、规范性文件及《重庆 农村商业银行股份有限公司章程》（以下简称"《公司章程》"）、 《重庆农村商业银行 ...

证券代码：601077 证券简称：渝农商行 公告编号：2024-039 重庆农村商业银行股份有限公司（以下简称"本行"）于近日收到《国家金 融监督管理总局重庆监管局关于彭玉龙重庆农村商业银行董事任职资格的批复》 （渝金管复【2024】152 号），国家金融监督管理总局重庆监管局已核准彭玉龙先 生担任本行董事的任职资格，上述任职资格自 2024 年 12 月 9 日起生效，任期至 本行第五届董事会任期届满之日止。彭玉龙先生简历详见本行于 2024 年 3 月 29 日在上海证券交易所网站（www.sse.com.cn）披露的《重庆农村商业银行股份有 限公司第五届董事会第四十一次会议决议公告》。 重庆农村商业银行股份有限公司董事会 2024 年 12 月 11 日 重庆农村商业银行股份有限公司 关于董事任职资格获监管机构核准的公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 ...

Group 1: Investor Relations Activities - The investor relations activity included a performance briefing held online on November 28, 2024, from 14:00 to 17:05 [1] - The meeting was conducted via the "Investor Relations Interactive Platform" [1] - The main attendees included the Director of the Board Office and the Securities Affairs Representative, Huang Wei [1] Group 2: Key Questions and Responses - Investors inquired about the status of Longxin's restructuring and its impact on the bank's future performance; the restructuring is currently in the execution phase with all investors locked in and asset transfers underway [1] - Questions were raised regarding the recovery of debts post Longxin's restructuring, with the bank confirming it will follow the restructuring plan for debt recovery [1] - The bank discussed its approach to the national policy on net asset return, indicating that share buybacks are a potential method but require regulatory approval [1] Group 3: Future Credit Allocation - The bank plans to maintain steady credit growth in response to market demand, with a focus on supporting agriculture, small and medium enterprises, and county economies [2] - In 2025, the bank aims to enhance its service quality in areas such as technology finance, green finance, and inclusive finance, while optimizing financial supply [2] - The bank will focus on major project opportunities, aligning with the Chengdu-Chongqing economic circle and supporting key industrial chains [2]

Group 1: Investor Relations and Dividend Plans - Chongqing Rural Commercial Bank plans to distribute a cash dividend of RMB 1.944 per 10 shares (including tax) for the 2024 interim dividend, with a payout ratio of 30% [4] - Since its listing in 2019, the bank has distributed over RMB 14.4 billion in cash dividends, maintaining a payout ratio above 30% for four consecutive years [4] Group 2: Financial Performance and Credit Strategy - The bank aims to maintain a reasonable net interest margin and stable asset quality, with a focus on supporting high-quality economic development [4] - The bank's corporate loan non-performing loan (NPL) generation rate has decreased year-on-year, indicating improved asset quality [4] - As of June 2024, the bank's inclusive small and micro enterprise loans exceeded 200,000 accounts, with a balance of RMB 136.8 billion, leading the city in both incremental and outstanding loans [5] Group 3: Competitive Positioning - The bank's competitive advantage lies in its strong retail deposit base, maintaining the highest market share in Chongqing, while large banks dominate corporate deposits [5] - The bank focuses on digital transformation to enhance service delivery and product offerings, aiming to deepen its market penetration in rural and county areas [5] - The bank's strategy includes leveraging its extensive network of over 1,700 branches to provide tailored financial services to small and micro enterprises [5]

Group 1 - A new aircraft leasing company, Yulu (Tianjin) Aircraft Leasing Co., Ltd., has been established with a focus on financial leasing in bonded areas [1] - The legal representative of the new company is Tang Wei [1] - The company is fully owned by Yunnan Rural Commercial Bank's subsidiary, Yunnan Rural Commercial Financial Leasing Co., Ltd. [2]