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Qingdao Rural Commercial Bank Corp Class A

Qingdao Rural Commercial Bank Co., Ltd. provides a range of banking products and services in China. It accepts deposits and offers loans, settlements, bill acceptance and discounting, letters of credit and guarantees, foreign exchange credit, and consulting and witnessing services. The company also acts as an insurance agent, underwrites government and financial bonds, engages in interbank lending of RMB and foreign currencies, and operates a bank card business. Founded in 1951, it is headquartered in Qingdao, China.

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Qingdao Rural Commercial Bank's 2026 interim net profit reached 2.195 billion yuan, up 2.84% year-on-year

Qingdao Rural Commercial Bank released its 2026 interim report, with total operating revenue of 5.316 billion yuan and net profit attributable to the parent company of 2.195 billion yuan, up 2.84% year-on-year, marking five consecutive years of growth. The company's net cash inflow from operating activities was 581 million yuan, its asset-liability ratio was 91.35%, down 0.36 percentage points from the same period last year, its return on equity was 5.01%, and diluted earnings per share were 0.37 yuan, up 2.78% year-on-year. The number of shareholders was 73,100, and the top ten shareholders held 42.29% of the total share capital.
Jiemian·21dRead more →
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Qingdao Rural Commercial Bank completes issuance of 8 billion yuan special financial bond for small and micro enterprise loans

Qingdao Rural Commercial Bank Co., Ltd. announced that the first tranche of its 2026 special financial bond for small and micro enterprise loans has been fully issued on the national interbank bond market. The bond has an issuance size of 8 billion yuan, is a 3-year fixed-rate bond with a coupon rate of 1.58 percent, with a book-building date of August 20, 2026, and a payment date of August 24, 2026. The proceeds will be used entirely for granting loans to small and micro enterprises.
Jiemian·26dRead more →
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Zijin Convertible Bond Countdown to Expiry, Unconverted Ratio Hits 99.99%

The Zijin Convertible Bond issued by Zijin Bank will expire on July 22. As of July 15, the unconverted ratio reached as high as 99.99%. The bond was issued in 2020 with a scale of 4.5 billion yuan, and Zijin Bank will most likely face a rigid redemption at maturity. The Qingnong Convertible Bond from Qingdao Rural Commercial Bank will also expire on August 25. Currently, the six outstanding bank convertible bonds in the market are showing divergent performance. For the Shangyin Convertible Bond and Changyin Convertible Bond, the underlying stock prices are already above the conversion prices, with low conversion premiums, indicating strong conversion momentum. For the Chongyin Convertible Bond, the underlying stock price is slightly above the conversion price, but the conversion premium is 12.30%, limiting the momentum for large-scale conversion. For the Xingye Convertible Bond, Zijin Convertible Bond, and Qingnong Convertible Bond, the underlying stock prices are all below the conversion prices, suggesting weak conversion willingness. Dong Ximiao, chief researcher at Zhaolian, stated that a low conversion rate indicates the convertible bonds have a limited role in supplementing core tier-one capital. Banks could consider revising conversion prices and broadening capital replenishment channels.
Wind·66dRead more →