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Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co., Ltd. provides commercial banking products and services in China. Its offerings include personal wealth products such as financial products, precious metals, funds, insurance, and asset management, along with deposit products, various loan types, credit and debit cards, and mobile and online banking. The bank also provides financial management, settlement services, cross-border RMB settlement, foreign exchange services, and trade financing products. Founded in 1987, it is based in Shaoxing, China.

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Ruifeng Bank's 2026 interim net profit reaches 898 million yuan, up 0.94% year-on-year

Ruifeng Bank released its 2026 interim report, with net profit attributable to the parent company of 898 million yuan, up 0.94% from the same period last year, marking five consecutive years of growth. Total operating revenue was 2.214 billion yuan, and net cash inflow from operating activities was 10.884 billion yuan, a sharp year-on-year increase of 94.88%. The latest asset-liability ratio was 91.91%, return on equity was 4.40%, and diluted earnings per share was 0.46 yuan.
601528.CG · Capital · Positive Net profit up 0.94% year-on-year, marking five consecutive years of growth.
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Ruifeng Bank first-half revenue slips nearly 2%, net profit rises 0.94% to about 900 million yuan

Ruifeng Bank disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 2.214 billion yuan, down 1.96% year on year, while net profit attributable to shareholders of the bank was 898 million yuan, up 0.94% year on year. The divergence in performance stemmed from differences in income structure. Net interest income was 1.757 billion yuan, up 12.04% year on year, and net fee and commission income was 68 million yuan, up 25.08% year on year. However, investment income was 326 million yuan, down 47.06% year on year, dragging non-interest net income down 33.77% year on year. As of the end of June, the bank's total assets were 255.643 billion yuan, up 5.86% from the beginning of the year. Total loans were 146.818 billion yuan, an increase of 3.97%. The non-performing loan ratio was 1.09%, up 0.10 percentage point from the beginning of the year. Ruifeng Bank also launched its first interim dividend plan since listing, proposing to distribute a cash dividend of 1 yuan per 10 shares before tax, with an estimated total payout of about 196 million yuan, accounting for 21.85% of net profit attributable to shareholders in the first half.
601528.CG · Capital · Positive Net profit rose 0.94% and first interim dividend announced, though revenue slipped.
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Bank of Shanghai and Bank of Nanjing Receive Share Purchases by Executives and State-Owned Shareholders, Banking Sector Sees Recovery in July

Bank of Shanghai and Bank of Nanjing simultaneously disclosed share purchase plans, driving a notable recovery in the A-share banking sector in July. Some directors, executives, and mid-level managers of Bank of Shanghai plan to voluntarily increase their holdings with no less than 15 million yuan of their own funds, with the implementation period starting from July 21, 2026, for six months. Bank of Nanjing's major shareholder, Jiangsu Communications Holding Company Limited, after accumulating a 15 percent stake over nearly ten months in the previous round, has again made a new commitment to increase holdings over the next 12 months, with a cumulative minimum investment of 100 million yuan. Previously, share purchase plans of several city and rural commercial banks, including Changshu Bank and Ruifeng Bank, have been fully implemented. Among them, Ruifeng Bank's management actually bought 2.50039 million shares, exceeding the original target of 2.47 million shares. Boosted by the intensive share purchases, the Shenwan Banking Index rose 2.32 percent on July 20, with sector turnover exceeding 45.5 billion yuan. However, as of the end of June, the sector had still fallen more than 12 percent for the year, all 42 A-share listed banks were trading below book value, and the overall price-to-book ratio was about 0.6 times.
601009.CG · Capital · Positive Major shareholder Jiangsu Communications commits to buy at least 100 million yuan of shares over 12 months.
601229.CG · Capital · Positive Directors and executives plan to voluntarily increase holdings with at least 15 million yuan of own funds.
601128.CG · Capital · Neutral Mentioned as having previously implemented share purchase plans, but no new action in this article.
601528.CG · Capital · Neutral Mentioned as having previously implemented share purchase plans (management bought more than target), but no new action in this article.
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