"Minority shareholders" left disappointed, QRCB's semi-annual report "makes no mention" of interim dividends

Qingdao Rural Commercial Bank, which was "pressured" by shareholders to increase dividends, has responded firmly to the proposals from some minority shareholders. On August 27, Qingdao Rural Commercial Bank released its semi-annual report, which made no mention of the previous shareholder "suggestions." It also did not address the issue of increasing dividends for the interim or third quarter. Previously Requested to Increase Third Quarter Dividends More than a week ago, several small and medium-sized shareholders submitted a proposal to the board of directors titled "Temporary Proposal for Implementing Cash Dividends for Three Consecutive Years in the Third Quarter." The proposal called for an increase in the frequency of dividends and the establishment of a minimum dividend ratio. However, after receiving this proposal, Qingdao Rural Commercial Bank held a temporary board meeting and passed a resolution titled "Proposal Not to Submit Shareholder's Temporary Proposal for Consideration at the Shareholders' Meeting," effectively "vetoing" it. Asset Quality Continues to Improve At the same time, Qingdao Rural Commercial Bank did not mention any plans for interim dividends in its latest semi-annual report. Furthermore, according to the resolution passed by the board, there was no mention of any proposal for interim dividends. It seems that the board not only rejected the temporary proposal for cash dividends in the third quarter but also appears to have no plans for interim dividends. After this incident, the "discrepancies" among external institutions of Qingdao Rural Commercial Bank's board have become more apparent. Semi-Annual Report Continues to Grow About a week later, during another temporary board meeting, Qingdao Rural Commercial Bank approved several proposals, including the semi-annual report. On the evening of August 27, Qingdao Bank disclosed this semi-annual report. According to the report, Qingdao Bank achieved "double growth" in scale and efficiency in the first half of the year. In the first half of 2025, the net profit attributable to shareholders of the parent company reached 2.134 billion yuan, an increase of 106 million yuan year-on-year, with a growth rate of 5.22%. Asset Quality Continues to Improve As of June 30, 2025, the total amount of loans and advances issued by the bank was 272.199 billion yuan, an increase of 5.616 billion yuan compared to the end of the previous year, with a growth rate of 2.11%; the bank's deposit balance was 334.388 billion yuan, an increase of 7.715 billion yuan compared to the end of the previous year, with a growth rate of 2.36%. As of June 30, 2025, the non-performing loan ratio was 1.75%, a decrease of 0.04 percentage points compared to the end of the previous year, with both the non-performing loan ratio and the non-performing loan balance declining. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at their own risk