Core Viewpoint - Several brokerage firms, funds, and insurance asset management institutions are evaluating listed banks to optimize asset allocation and investment strategies for the coming year, with a focus on net interest margin performance [1] Group 1: Net Interest Margin Stability - Multiple banks have indicated that net interest margins have shown signs of stabilization in Q3, with a narrowing of the overall decline and an improvement in funding costs expected over the next three years [1] - Hangzhou Bank reported that its net interest margin remained stable at the end of Q3 compared to the end of Q2, with a marginal narrowing of the annual decline expected [1] - Suzhou Bank stated that its net interest margin has narrowed less than the industry average this year, supporting growth in net interest income [2] Group 2: Strategies for Managing Interest Margin - Banks are actively exploring ways to alleviate interest margin pressure through optimizing asset-liability structures and enhancing non-interest income [1] - Chongqing Rural Commercial Bank noted that its Q3 interest margin stabilized due to a slowdown in the decline of asset yields and a faster decrease in liability interest rates [2] - Ouyang Rihui emphasized the importance of increasing the proportion of intermediary business income and investing in information technology to improve interest margin management [3] Group 3: Regional Banks' Performance - The Q3 reports of listed banks show structural differentiation in net interest margins, with some regional banks experiencing improvement [3] - A report indicated that net interest margins for city commercial banks and rural commercial banks continued to stabilize in the first three quarters of 2025, with a decrease in the cost of interest-bearing liabilities [4] - Some regional banks, such as Jiangyin Bank and Chongqing Bank, reported an increase in net interest margins at the end of Q3 compared to the end of Q2 [3][4] Group 4: Future Outlook - Some banks anticipate that the trend of improving interest margins will continue into 2026, with Qingnong Commercial Bank indicating that its interest margin is expected to remain stable [5] - Factors such as the repricing of existing loans and adjustments in deposit pricing strategies are expected to support net interest margins moving forward [5]

Group 1 - The agricultural commercial bank sector increased by 2.0% on December 18, with Chongqing Rural Commercial Bank leading the gains [1] - The Shanghai Composite Index closed at 3876.37, up 0.16%, while the Shenzhen Component Index closed at 13053.98, down 1.29% [1] - Key stocks in the agricultural commercial bank sector showed various performance metrics, with Chongqing Rural Commercial Bank closing at 6.45, up 3.20% [1] Group 2 - The net capital flow for the agricultural commercial bank sector showed a net outflow of 12.09 million yuan from institutional investors and 10.73 million yuan from speculative investors, while retail investors had a net inflow of 22.82 million yuan [1] - Detailed capital flow data indicates that Chongqing Rural Commercial Bank had a net inflow of 17.10 million yuan from institutional investors, but a net outflow of 17.70 million yuan from retail investors [2] - Jiangyin Bank experienced a net inflow of 9.28 million yuan from institutional investors, while retail investors contributed a net inflow of 1.45 million yuan [2]

证券代码：601528 证券简称：瑞丰银行 公告编号：2025-038 浙江绍兴瑞丰农村商业银行 资本债券的公告 登录新浪财经APP 搜索【信披】查看更多考评等级 股份有限公司关于获准发行二级 特此公告。 浙江绍兴瑞丰农村商业银行股份有限公司董事会 2025年12月16日 浙江绍兴瑞丰农村商业银行股份有限公司（以下简称"本行"或"公司"）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。 近日，本行收到国家金融监督管理总局浙江监管局《关于浙江绍兴瑞丰农村商业银行股份有限公司发行 二级资本债券的批复》（浙金复〔2025〕447号），同意本行发行不超过25亿元人民币的二级资本债 券。本行可在批准额度内，自主决定发行时间、批次和规模，并于批准后24个月内完成发行。 本行将严格遵守《商业银行资本管理办法》《全国银行间债券市场金融债券发行管理办法》《全国银行 间债券市场金融债券发行管理操作规程》等相关规定，做好上述债券发行、管理及有关信息披露工作。 ...

（文章来源：北京商报） 北京商报讯（记者宋亦桐）12月16日，瑞丰农商行发布公告指出，近日，该行收到国家金融监督管理总 局浙江监管局《关于浙江绍兴瑞丰农村商业银行股份有限公司发行二级资本债券的批复》，同意该行发 行不超过25亿元人民币的二级资本债券，该行可在批准额度内，自主决定发行时间、批次和规模，并于 批准后24个月内完成发行。 ...

Group 1 - Action Education plans to repurchase shares worth between 20 million to 25 million yuan at a price not exceeding 45 yuan per share for employee stock ownership plans or equity incentives [1] - Fulin Technology's shareholders plan to reduce their holdings by up to 2% of the company's total shares, amounting to a maximum of 24.44 million shares starting from December 22, 2025 [2] - Huashu shares' shareholders intend to reduce their holdings by up to 1% of the company's total shares, which is a maximum of 35.94 million shares [3] Group 2 - Silan Microelectronics has obtained a filing certificate for its 12-inch high-end analog integrated circuit chip manufacturing production line project, with an investment of 10 billion yuan and a monthly production capacity of 20,000 wafers [4] - Aerospace Information confirms that its main business does not involve commercial aerospace and that its operations are normal without significant changes [5] - Qinglong Pipe Industry signed a supply contract worth 294 million yuan for PCCP and pressure steel pipes, accounting for 10.43% of its 2024 revenue [6] Group 3 - Huaxin Precision plans to invest up to 1 billion yuan of idle funds in low-risk financial products [7] - Hainan Rubber received insurance compensation totaling approximately 26.65 million yuan for rubber income and tree insurance [8] - Lianmei Holdings announced the suspension of its subsidiary Fulin Thermal Power due to economic slowdown and reduced customer demand [9] Group 4 - Ruifeng Bank has been approved to issue up to 2.5 billion yuan in secondary capital bonds to enhance its capital and risk resistance [11] - China Pacific Insurance reported a 9.4% year-on-year increase in premium income for its life insurance subsidiary, totaling 250.32 billion yuan [12] - Sunshine Nuohuo signed an agreement with Peking University to establish a joint laboratory for innovative drug development [13] Group 5 - Century Huatong completed the cancellation of 56.12 million repurchased shares, reducing its total share capital from 7.428 billion to 7.372 billion shares [14] - Yaxin Security received a government subsidy of 3 million yuan [15] - Haili Biology's subsidiary received registration certification for a bone repair material in Indonesia [16] Group 6 - Yian Technology's subsidiary secured a major project for magnesium alloy components worth 430 million yuan, expected to start production by the end of March 2026 [17] - Jiangte Electric plans to contest the proposed cancellation of its lithium-containing mining rights [18] - COFCO Technology announced the resignation of its deputy general manager due to work changes [19] Group 7 - Fangsheng Pharmaceutical passed the GMP compliance inspection for its raw material production lines [21] - Bohai Ferry announced the resignation of two deputy general managers for personal and age-related reasons [22] - ST Fuhua appointed a new general manager [23] Group 8 - Huazhong CNC received project funding of 17.7 million yuan, accounting for 31.97% of its audited net profit for 2024 [24] - Oppein Home used 15 million yuan of idle funds to purchase a large time deposit with a 0.9% annual yield [25] - China General Nuclear Power's Ningde Unit 6 has begun full construction, utilizing Hualong One technology with a capacity of 1210 MW [26] Group 9 - Jiayuan Technology's chairman has had the investigation order lifted, and the company is operating normally [27] - Fulaixin Materials' application for a specific stock issuance has been approved by the Shanghai Stock Exchange [28] - Shuhua Sports plans to invest up to 500 million yuan in a health industry park project [29] Group 10 - Rhine Biology's stock will continue to be suspended due to ongoing control change and asset acquisition plans [30] - Haishi Science received approval for clinical trials for four innovative drugs targeting various diseases [31] - Hangcai Co. plans to repurchase shares worth between 50 million to 100 million yuan at a price not exceeding 80 yuan per share [32] Group 11 - Yinxin Technology received a cash dividend of 18 million yuan from its subsidiary [33] - Tianfulong plans to increase its wholly-owned subsidiary's capital by 580 million yuan [34] - Poly United's subsidiary won a bid for a stripping project worth 1.528 billion yuan [35] Group 12 - Minglida's deputy general manager resigned due to health reasons [36] - ST Guohua appointed a new deputy general manager [37] - China Xidian's subsidiaries won contracts totaling 1.005 billion yuan for Southern Power Grid projects [38]

浙江绍兴瑞丰农村商业银行股份有限公司（以下简称"本行"或"公司"） 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。 近日，本行收到国家金融监督管理总局浙江监管局《关于浙江绍兴瑞丰农村 商业银行股份有限公司发行二级资本债券的批复》（浙金复〔2025〕447 号），同 意本行发行不超过 25 亿元人民币的二级资本债券。本行可在批准额度内，自主 决定发行时间、批次和规模，并于批准后 24 个月内完成发行。 证券代码：601528 证券简称：瑞丰银行 公告编号：2025-038 浙江绍兴瑞丰农村商业银行股份有限公司 关于获准发行二级资本债券的公告 本行将严格遵守《商业银行资本管理办法》《全国银行间债券市场金融债券 发行管理办法》《全国银行间债券市场金融债券发行管理操作规程》等相关规定， 做好上述债券发行、管理及有关信息披露工作。 特此公告。 浙江绍兴瑞丰农村商业银行股份有限公司董事会 2025 年 12 月 16 日 ...

财经频道更多独家策划、专家专栏，免费查阅>> 责任编辑：安东 格隆汇12月16日丨瑞丰银行(601528.SH)公布，近日，本行收到国家金融监督管理总局浙江监管局《关 于浙江绍兴瑞丰农村商业银行股份有限公司发行二级资本债券的批复》（浙金复〔2025〕447号），同 意本行发行不超过25亿元人民币的二级资本债券。本行可在批准额度内，自主决定发行时间、批次和规 模，并于批准后24个月内完成发行。 ...

智通财经APP讯，瑞丰银行(601528.SH)发布公告，近日，公司收到国家金融监督管理总局浙江监管局 《关于浙江绍兴瑞丰农村商业银行股份有限公司发行二级资本债券的批复》(浙金复〔2025〕447号)， 同意公司发行不超过25亿元人民币的二级资本债券。公司可在批准额度内，自主决定发行时间、批次和 规模，并于批准后24个月内完成发行。 ...

瑞丰银行（601528）(601528.SH)发布公告，近日，公司收到国家金融监督管理总局浙江监管局《关于 浙江绍兴瑞丰农村商业银行股份有限公司发行二级资本债券的批复》(浙金复〔2025〕447号)，同意公 司发行不超过25亿元人民币的二级资本债券。公司可在批准额度内，自主决定发行时间、批次和规模， 并于批准后24个月内完成发行。 ...

| DC 315 GIO 310 THE VEST | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | | | 卖出营业部 | 是否为专场 | | 025-12-15 | 瑞車报行 | 601528 | 796.8 4.8 | 166 | 品商品到提交易站 | 發動量突发貨车器 | | Ka | 12月15日，瑞丰银行大宗交易成交166万股，成交额796.8万元，占当日总成交额的12.45%，成交价4.8 元，较市场收盘价5.37元折价10.61%。 ...