Qingdao Rural Commercial Bank Co., Ltd. 2025 Annual Shareholders' Meeting Materials (Stock Code: 002958)
Table of Contents
- Work Report of the Board of Directors for 2025 ........................................... 1
- Proposal on the Profit Distribution Plan for 2025 ........................................ 8
- Proposal on the Estimated Amount of Daily Related Transactions for 2026 .......... 12
- Proposal on the Appointment of External Auditors for 2026 ........................... 20
- Proposal on the "Total Salary Management Measures" .................................. 21
- Proposal on the "Remuneration Management Measures for Directors and Senior Management" ........................................................................... 30
- Proposal on the "Remuneration Plan for Directors and Senior Management for 2026" ................................................................................... 37
- Proposal on the "Allowance Plan for Non-Executive Directors for 2026" .......... 41
- Proposal on Issuing Financial Bonds and Authorizing the Board of Directors ....... 44
Report Items
- Independent Director's Annual Report for 2025 ........................................... 46
- 2025 Financial Services Report for Agriculture, Rural Areas, and Farmers ....... 70
- 2025 Related Transactions Report ............................................................ 79
- Performance Evaluation Report of the Board of Directors and Directors for 2025 ................................................................................... 84
- Performance Evaluation Report of the Supervisory Board and Supervisors for 2025 ................................................................................... 89
- Performance Evaluation Report of Senior Management for 2025 .................... 93
- Major Shareholder Evaluation Report for 2025 ............................................. 98
Work Report of the Board of Directors for 2025
Dear Shareholders:
In 2025, the Board of Directors of Qingdao Rural Commercial Bank Co., Ltd. (hereinafter referred to as "the Bank") fully leveraged its role in scientific decision-making and strategic management, resulting in overall positive and continuous development across the Bank. The Bank was awarded the "2025 Excellent Practice Case of Listed Company Boards" by the China Association of Public Companies.
1. Overall Business Performance in 2025
In 2025, the Bank closely followed its strategic deployment and fully achieved its set goals, steadfastly promoting growth, innovation, transformation, and risk prevention, with continuous improvement in development quality. By the end of 2025, the Bank's total assets reached 502.783 billion RMB, an increase of 1.57% from the beginning of the year; deposits amounted to 335.831 billion RMB, up 2.80%; total loans and advances reached 278.723 billion RMB, an increase of 4.55%; net profit attributable to shareholders was 3.128 billion RMB, a 9.51% increase year-on-year; the net asset value per share attributable to ordinary shareholders was 6.68 RMB, up 3.73% from the beginning of the year; and the non-performing loan ratio was 1.75%, down 0.04 percentage points from the beginning of the year.
2. Board of Directors' Work in 2025
(1) Continuously Enhancing Decision-Making Guidance
In 2025, the Board reviewed and approved proposals submitted by senior management, including the "2025 Business and Investment Plan," "2024 Profit Distribution Proposal," and "2024 Financial Settlement Report and 2025 Financial Budget Report," among others. The Board regularly monitored the Bank's operational management and continuously optimized the asset-liability and income structure to enhance sustainable competitiveness. The Bank ranked 308th in the "Top 1000 Global Banks" and 60th in the "Top 100 Chinese Banks."
(2) Continuously Strengthening Corporate Governance
The Board steadily advanced the reform of the corporate governance structure, strictly adhering to the Company Law and relevant regulations. The Articles of Association were revised, along with the rules for shareholder and board meetings, to improve the core institutional framework of corporate governance. The Board also initiated the dissolution of the Supervisory Board, transferring its powers to the Audit Committee, and revised the "Audit Committee Work Regulations" to establish a smooth and efficient corporate governance structure.