Qilu Bank Co.,Ltd. (601665.SH) has once again received a coordinated share purchase commitment from its senior management team.
On the evening of September 15th, Qilu Bank Co.,Ltd. announced that some of the bank's directors, supervisors, senior management personnel, and key executives from headquarters departments and branches plan to voluntarily increase their shareholdings in the bank through centralized bidding using their own funds totaling no less than 3.5 million yuan.
It has been noted that since its listing in June 2021, Qilu Bank Co.,Ltd.'s senior management has increased holdings in the company's stock multiple times.
Regarding the purpose of this latest management share purchase, Qilu Bank Co.,Ltd. stated that it is primarily based on recognition of the bank's value, confidence in future strategic planning and development prospects, and belief in the long-term investment value of the bank's stock.
Qilu Bank Co.,Ltd. has been deeply rooted in Shandong Province for many years, maintaining stable business operations. In the first half of 2025, the bank achieved operating revenue of 6.782 billion yuan, up 5.76% year-on-year; net profit attributable to shareholders of the bank reached 2.734 billion yuan, up 16.48% year-on-year.
With rapid growth in credit lending scale, Qilu Bank Co.,Ltd. achieved net interest income of 4.986 billion yuan in the first half of 2025, up 13.29% year-on-year; net interest spread and net interest margin were 1.48% and 1.53% respectively, up 4 basis points and 2 basis points compared to the previous year.
As of the end of June 2025, Qilu Bank Co.,Ltd.'s total assets reached 751.305 billion yuan, up 8.96% from the end of the previous year; total loans amounted to 371.41 billion yuan, up 10.16% from the end of the previous year.
**Management Team Makes Multiple Share Purchases**
According to the share purchase plan, some directors, supervisors, senior management personnel, and key executives from headquarters departments and branches of Qilu Bank Co.,Ltd. plan to voluntarily increase their shareholdings in the bank through centralized competitive trading on the Shanghai Stock Exchange trading system, using their own funds totaling no less than 3.5 million yuan.
This share purchase plan sets no price range, with an implementation period from September 16, 2025, to December 31, 2025, and the purchasing parties will not reduce their holdings of the shares purchased in this round within 6 months after the purchase.
It has been observed that since listing more than four years ago, Qilu Bank Co.,Ltd.'s senior management has made multiple share purchases.
According to data, in 2022 and 2023, Qilu Bank Co.,Ltd.'s senior management implemented share purchases 22 times and 23 times respectively.
Prior to this share purchase plan announcement, in April and June 2025, Qilu Bank Co.,Ltd.'s Chief Financial Officer Gao Yongsheng and Assistant President Liu Zhenshui increased their holdings by 48,600 shares and 7,000 shares respectively. In July and August, Qilu Bank Co.,Ltd. received share purchases from 5 senior executives, including Chairman Zheng Zugang, President Zhang Hua, and Board Secretary Hu Jinliang.
According to Qilu Bank Co.,Ltd.'s disclosure, as of the end of June 2025, Zheng Zugang, Zhang Hua, and Hu Jinliang directly held 35,000 shares, 276,300 shares, and 110,200 shares of the bank respectively.
In 2024, Zheng Zugang, Zhang Hua, and Hu Jinliang received pre-tax compensation totals of 1.5674 million yuan, 1.7335 million yuan, and 1.5513 million yuan respectively from Qilu Bank Co.,Ltd. During the reporting period, the total pre-tax compensation received by directors, supervisors, and senior management personnel (including those who have left office) from the bank was 17.7079 million yuan.
It should be noted that recently, an important shareholder of Qilu Bank Co.,Ltd. has implemented share reductions. According to announcements, from July 18, 2025, to August 21, 2025, Qilu Bank Co.,Ltd.'s seventh-largest shareholder, Chongqing Huayu Group, reduced its holdings by a total of 58.9883 million shares through block trading, representing a 1.08% reduction ratio, with a total reduction amount of 348 million yuan, leaving a post-reduction shareholding ratio of 2.2%.
In the secondary market, since 2025, Qilu Bank Co.,Ltd.'s stock price has shown a trend of rising first and then falling. After reaching a high of 6.8 yuan per share in June, as of the close on September 16th, Qilu Bank Co.,Ltd. closed at 5.6 yuan per share, level with the beginning of the year, with overall gains not outstanding among banking sector stocks.
Qilu Bank Co.,Ltd. stated that the purpose of senior management's share purchases is primarily based on recognition of the bank's value, confidence in future strategic planning and development prospects, and belief in the long-term investment value of the bank's stock.
**Net Interest Income Up 13.29%**
Following regional economic development trends closely, Qilu Bank Co.,Ltd.'s business scale has grown steadily.
Recently, Qilu Bank Co.,Ltd. released its interim report showing that in the first half of 2025, the bank achieved operating revenue of 6.782 billion yuan, up 5.76% year-on-year; net profit of 2.734 billion yuan, up 16.48% year-on-year; net profit after deducting non-recurring gains and losses of 2.683 billion yuan, up 17.11% year-on-year.
As of the end of June 2025, Qilu Bank Co.,Ltd.'s total assets reached 751.305 billion yuan, up 8.96% from the end of the previous year; total loans amounted to 371.41 billion yuan, up 10.16% from the end of the previous year; total deposits reached 478.571 billion yuan, up 8.88% from the end of the previous year.
It has been noted that with rapid growth in credit lending scale, Qilu Bank Co.,Ltd. achieved net interest income of 4.986 billion yuan in the first half of 2025, up 13.29% year-on-year, accounting for 73.52% of operating revenue, up 4.88 percentage points year-on-year. During the reporting period, the bank's net interest spread and net interest margin were 1.48% and 1.53% respectively, up 4 basis points and 2 basis points compared to the previous year.
Meanwhile, in the first half of 2025, Qilu Bank Co.,Ltd.'s net fee and commission income reached 817 million yuan, up 13.64% year-on-year, accounting for 12.04% of operating revenue, up 0.83 percentage points year-on-year.
However, affected by market volatility and reduced floating gains from trading financial assets, Qilu Bank Co.,Ltd. achieved other non-interest income of 979 million yuan, down 24.25% year-on-year.
The interim report shows that as of the end of June 2025, Qilu Bank Co.,Ltd.'s corporate loans (excluding discounts) balance was 278.061 billion yuan, up 15.72% from the end of the previous year; personal loan balance was 82.635 billion yuan, down 4.38% from the end of the previous year; bill discount balance was 10.714 billion yuan, up 2.67% from the end of the previous year.
It is worth noting that Qilu Bank Co.,Ltd. has responded to regulatory calls to excel in the "five major articles," continuously improving the quality and efficiency of financial services, particularly increasing lending efforts in technology and green sectors. As of the end of June 2025, the bank's loans to technology companies totaled 40.812 billion yuan, and green loans totaled 43.692 billion yuan, up 17.60% and 30.03% respectively from the end of the previous year.
In terms of asset quality, as of the end of June 2025, Qilu Bank Co.,Ltd.'s non-performing loan balance was 4.049 billion yuan, with a non-performing loan ratio of 1.09%, down 0.1 percentage points from the end of the previous year; the ratio of loans under special mention was 0.96%, down 0.11 percentage points from the end of the previous year; the provision coverage ratio was 343.24%, up 20.86 percentage points from the end of the previous year, showing overall stable improvement.
Among these, as of the end of June 2025, Qilu Bank Co.,Ltd.'s corporate loan non-performing ratio was 0.77%, down 0.18 percentage points from the end of the previous year. However, affected by macroeconomic conditions, some individual customers' repayment capabilities declined and default risks increased. At the end of the reporting period, the bank's personal loan non-performing ratio was 2.31%, up 0.31 percentage points from the end of the previous year.
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