青岛银行股份有限公司 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 境内同步披露公告 青岛银行股份有限公司根据《香港联合交易所有限公司证券上市规则》规定， 已在香港联合交易所有限公司披露易网站（https://www.hkexnews.hk/）披露后附 公告。 根据《深圳证券交易所股票上市规则》关于上市公司在境内外证券交易所同 步披露公告的规定，特将该公告在深圳证券交易所网站（http://www.szse.cn/）同 步披露，供参阅。 特此公告。 青岛银行股份有限公司董事会 2025 年 5 月 6 日 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年4月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 青島銀行股份有限公司 呈交日期: 2025年5月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | ...

Investment Rating - The investment rating for Qingdao Bank is "Buy" and is maintained [9]. Core Views - The report indicates that Qingdao Bank's Q1 2025 revenue growth was 9.7%, with a net profit growth of 16.4%. The net interest income grew by 12.0%, driven by a strong rebound in interest margins. Non-interest income also saw a year-on-year increase of 5.6% despite adverse effects from the bond market adjustment [2][6]. - The bank's asset quality is on a continuous improvement trajectory, with a non-performing loan ratio decreasing to 1.13% and a provision coverage ratio rising to 251% by the end of Q1 [2][6]. Summary by Sections Performance - In Q1 2025, Qingdao Bank achieved a revenue growth of 9.7% and a net profit growth of 16.4%. The net interest income increased by 12.0%, primarily due to a strong recovery in interest margins. Non-interest income grew by 5.6% year-on-year, with investment income and fair value changes rising by 19.3% [2][11]. Scale - By the end of Q1, total assets grew by 3.4%, loans by 5.4%, and deposits by 3.9% compared to the beginning of the year. The bank focused on optimizing the structure of assets and liabilities, increasing the proportion of high-yield assets and low-cost liabilities [11][12]. Interest Margin - The net interest margin exceeded expectations, rising by 4 basis points to 1.77% compared to the full year of 2024. The cost of interest-bearing liabilities decreased significantly, contributing to the acceleration of net interest income growth [11][12]. Asset Quality - The bank's asset quality indicators are improving, with the non-performing loan ratio declining and the provision coverage ratio reaching a new high since its listing. The net generation rate of non-performing loans has decreased to 0.52%, indicating strong performance relative to the industry [11][12]. Investment Recommendation - The report suggests that the market has not fully recognized the ongoing improvement in Qingdao Bank's quality and efficiency. The bank is expected to maintain a high growth rate in earnings, supported by optimized asset-liability structures and continuous risk improvement. The current A-share PB valuation is only 0.64x, indicating it is undervalued compared to other quality city commercial banks [11][12].

Investment Rating - The investment rating for Qingdao Bank is "Buy" [1][4] Core Views - Qingdao Bank's performance is strong, with a focus on supporting loans in private, manufacturing, and green sectors, while improving asset quality and capital [3][4] - The bank's net interest margin has increased, and revenue growth has outpaced previous years, indicating effective management strategies [3][4] - The bank's non-performing loan ratio has decreased, reflecting improved asset quality and risk management [3][4] Summary by Sections Financial Performance - In Q1 2025, Qingdao Bank achieved operating income of 4.047 billion yuan, a year-on-year increase of 9.69%, and a net profit attributable to shareholders of 1.258 billion yuan, up 16.42% [2][3] - The total assets of Qingdao Bank exceeded 700 billion yuan, growing by 14.46% year-on-year, with total loans reaching 359.1 billion yuan, an increase of 13.27% [3] - The bank's net interest margin was reported at 1.77%, an increase of 3 basis points from the previous year [3] Asset Quality - As of Q1 2025, the non-performing loan ratio was 1.13%, down 1 basis point from the end of 2024, continuing a downward trend [3] - The provision coverage ratio improved to 251.39%, an increase of 10.17 percentage points from the previous year [3] Capital Adequacy - As of Q1 2025, the core Tier 1 capital adequacy ratio was 8.96%, with Tier 1 and total capital adequacy ratios at 10.46% and 13.51%, respectively [3]

Core Insights - Qingdao Bank's total assets have surpassed 700 billion yuan for the first time, reflecting its commitment to serving the local real economy [1] - The bank's corporate loans reached 279.56 billion yuan, marking a 6.56% increase from the beginning of the year [1] - Qingdao Bank has implemented a regional development strategy, focusing on localized decision-making and specialized services to support high-quality economic development [1] Talent Advantage and Support for Local Tech Enterprises - Qingdao Bank is actively promoting its "Five Major Articles" and conducting differentiated operations around "Eight Major Tracks" to support tech enterprises [2] - The bank has developed a "Qingyin Technology - Accompanying Growth" service system to address the financing challenges faced by light-asset, high-risk tech companies [2] - Qingdao Bank provided an 8 million yuan "Talent Loan" to Huasaiberman Medical Cell Biology Co., alleviating its financial pressures during its early stages [4] Support for Manufacturing and Livestock Industries - Qingdao Bank has established a unique financing solution for the livestock industry by creating a live livestock asset identification system, facilitating a loan of 288 million yuan for Qingdao Longming Cattle Industry [10][11] - The bank's support for the manufacturing sector includes a 200 million yuan credit approval for Beiqi Industrial Co., enabling the expansion of its production capacity [12] Customized Financial Services for Tourism Industry - Qingdao Bank has tailored financial services for the tourism industry, collaborating with local businesses like Pusu Hotel Management to provide flexible and efficient financial solutions [8] - The bank's customized financial plans have effectively supported the growth of the local tourism sector, particularly in managing cash flow during peak and off-peak seasons [8]

Financial Performance - Total operating income for Q1 2025 reached RMB 4,046,601 thousand, an increase of 9.69% compared to RMB 3,689,255 thousand in Q1 2024[5] - Net profit attributable to shareholders of the parent company was RMB 1,258,058 thousand, reflecting a growth of 16.42% from RMB 1,080,635 thousand in the same period last year[5] - Basic earnings per share increased to RMB 0.22, up 15.79% from RMB 0.19 in Q1 2024[5] - The bank's total profit for the three months ended March 31, 2025, was RMB 1,397,356 thousand, up from RMB 1,307,392 thousand in the previous year, reflecting a growth of 6.9%[55] - The bank's operating income for the three months ended March 31, 2025, was RMB 1,399,311 thousand, compared to RMB 1,308,469 thousand in the same period of 2024, representing a year-over-year increase of 6.9%[55] - Investment income for the first quarter of 2025 was RMB 1,028,357 thousand, significantly higher than RMB 356,277 thousand in the same period of 2024, indicating a substantial increase[53] Asset and Liability Management - Total assets as of March 31, 2025, amounted to RMB 713,153,153 thousand, a 3.36% increase from RMB 689,963,033 thousand at the end of 2024[5] - The total liabilities increased to CNY 667.23 billion, a rise of CNY 22.17 billion or 3.44% from the end of the previous year[25] - As of March 31, 2025, total liabilities were RMB 667,234,135 thousand, an increase from RMB 645,063,204 thousand as of December 31, 2024, reflecting a growth of about 3.4%[48] - The bank's equity attributable to shareholders increased to RMB 44,907,429 thousand as of March 31, 2025, compared to RMB 43,932,381 thousand at the end of 2024, reflecting a growth of about 2.2%[50] Loan and Deposit Growth - As of March 31, 2025, the total customer loans amounted to CNY 359.12 billion, an increase of CNY 18.43 billion or 5.41% compared to the end of the previous year[25] - The total customer deposits reached CNY 448.70 billion, up CNY 16.67 billion or 3.86% from the end of the previous year[25] - The net increase in customer deposits was RMB 16,674,295 thousand, significantly higher than RMB 4,047,379 thousand in the previous year, reflecting a growth of 313.5%[60] Risk Management - The non-performing loan ratio was 1.13%, a slight decrease from 1.14% at the end of 2024[12] - The loan provision coverage ratio increased to 251.49% as of March 31, 2025, compared to 241.32% at the end of 2024[12] - The core tier 1 capital adequacy ratio was 8.96%, down 0.15 percentage points from the end of the previous year[28] - The liquidity coverage ratio was 159.25%, down from 203.02% at the end of the previous year[21] Cash Flow Analysis - The net cash flow from operating activities was negative at RMB (475,956) thousand, an improvement of 88.64% compared to RMB (4,190,388) thousand in Q1 2024[10] - Cash flow from investing activities resulted in a net outflow of RMB 1,027,037 thousand, contrasting with a net inflow of RMB 5,410,740 thousand in the previous year[62] - The cash flow from financing activities generated a net inflow of RMB 2,896,174 thousand, compared to RMB 1,764,486 thousand in the same period of 2024, marking a 64.0% increase[62] Digital and Technological Advancements - The company is actively promoting digital financial construction and has successfully launched the first phase of a new generation distributed core business system[31] - The company has accelerated the development of AI capabilities, successfully launching the Xingchen Office Assistant[31] Client Growth and Engagement - As of March 31, 2025, the total number of corporate clients with accounts opened reached 282,300, an increase of 6,900 clients or 2.51% compared to the end of the previous year[29] - The number of corporate loan clients (excluding discounted bill clients) increased by 469 to 12,078, representing a growth of 4.04%[29] - Retail clients' asset scale reached CNY 353.80 billion, an increase of CNY 7.88 billion or 2.28% from the end of the previous year[29] - The number of retail clients managing assets over CNY 50,000 reached 800,400, an increase of 28,800 clients or 3.73%[29]

青岛银行股份有限公司 境内同步披露公告 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 青岛银行股份有限公司根据《香港联合交易所有限公司证券上市规则》规定， 已在香港联合交易所有限公司披露易网站（https://www.hkexnews.hk/）披露后附 公告。 根据《深圳证券交易所股票上市规则》关于上市公司在境内外证券交易所同 步披露公告的规定，特将该公告在深圳证券交易所网站（http://www.szse.cn/）同 步披露，供参阅。 特此公告。 青岛银行股份有限公司董事会 2025 年 4 月 28 日 （於中華人民共和國註冊成立的股份有限公司） （H 股股份代號：3866） 年度報告 2024 目錄 | 第一節 | 重要提示、目錄和釋義 | 2 | | --- | --- | --- | | 第二節 | 公司簡介和主要財務指標 | 5 | | 第三節 | 董事長致辭 | 12 | | 第四節 | 行長致辭 | 14 | | 第五節 | 管理層討論與分析 | 16 | | 第六節 | 公司治理 | 94 | | 第七節 | 環境和社會責任 | 148 | | ...

青岛银行股份有限公司 青岛银行股份有限公司根据《香港联合交易所有限公司证券上市规则》规定， 已在香港联合交易所有限公司披露易网站（https://www.hkexnews.hk/）披露后附 公告。 根据《深圳证券交易所股票上市规则》关于上市公司在境内外证券交易所同 步披露公告的规定，特将该公告在深圳证券交易所网站（http://www.szse.cn/）同 步披露，供参阅。 特此公告。 Bank of Qingdao Co., Ltd.* 青 島 銀 行 股 份 有 限 公 司 * 境内同步披露公告 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 青岛银行股份有限公司董事会 2025 年 4 月 28 日 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，概不對因本公告全部或任何部份內容 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。 （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （H股股份代號：3866） 2025年第一季度報告 青島銀行股份有限公 ...

青岛银行股份有限公司 境内同步披露公告 (H Shares Stock Code H 股股份代號: 3866) 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 青岛银行股份有限公司根据《香港联合交易所有限公司证券上市规则》规定， 已在香港联合交易所有限公司披露易网站（https://www.hkexnews.hk/）披露后附 公告。 根据《深圳证券交易所股票上市规则》关于上市公司在境内外证券交易所同 步披露公告的规定，特将该公告在深圳证券交易所网站（http://www.szse.cn/）同 步披露，供参阅。 特此公告。 青岛银行股份有限公司董事会 2025 年 4 月 28 日 Bank of Qingdao Co., Ltd.* 青島銀行股份有限公司* (A joint stock company incorporated in the People's Republic of China with limited liability) （於中華人民共和國註冊成立的股份有限公司） Dear non-registered shareholder(s), Remi ...

青岛银行股份有限公司 境内同步披露公告 本行及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 青岛银行股份有限公司根据《香港联合交易所有限公司证券上市规则》规定， 已在香港联合交易所有限公司披露易网站（https://www.hkexnews.hk/）披露后附 公告。 根据《深圳证券交易所股票上市规则》关于上市公司在境内外证券交易所同 步披露公告的规定，特将该公告在深圳证券交易所网站（http://www.szse.cn/）同 步披露，供参阅。 特此公告。 青岛银行股份有限公司董事会 2025 年 4 月 28 日 Bank of Qingdao Co., Ltd.* 青島銀行股份有限公司* (A joint stock company incorporated in the People's Republic of China with limited liability) （於中華人民共和國註冊成立的股份有限公司） (H Shares Stock Code H 股股份代號: 3866) Dear registered shareholder(s), Please n ...