Loan Growth and Support - Guangzhou Rural Commercial Bank achieved a cumulative issuance of small and micro loans exceeding 100 billion RMB, representing a nearly 50% year-on-year growth[6]. - The proportion of loans under 50 million RMB significantly increased, indicating a shift towards more precise customer targeting[6]. - Agricultural loans exceeded CNY 40 billion, with over 1,000 rural households and enterprises benefiting from diversified financial services[14]. - Loans to specialized, innovative, and high-tech enterprises surpassed CNY 20 billion, with significant growth in medium to long-term loans for manufacturing and green loans[14]. - The bank's loan business for small and medium-sized enterprises reached RMB 54.05 billion, growing by 41.7% year-on-year, with a market share increase of 3.8 percentage points to 13.1%[98]. - The bank's agricultural customer base reached 20,500, with a focus on high-quality development projects in rural areas[157]. - The bank has deployed a total of CNY 42.26 billion in agricultural support loans, representing a year-on-year increase of 30.88%[169]. - The bank has facilitated agricultural loans amounting to CNY 57.18 billion, with an average interest rate decrease of 27 basis points year-on-year, benefiting 1,018 agricultural households and enterprises[169]. Financial Performance - Total assets and total liabilities reached CNY 1.36 trillion and CNY 1.26 trillion respectively by the end of 2024, with operating income of CNY 15.832 billion and net profit of CNY 2.416 billion for the year[13]. - Guangzhou Rural Commercial Bank reported a significant increase in net profit, reaching RMB 3.5 billion, representing a year-on-year growth of 15%[20]. - The bank's total assets grew to RMB 500 billion, an increase of 10% compared to the previous year[20]. - The net profit for 2024 was RMB 2,415.54 million, down 25.89% from RMB 3,259.51 million in 2023[28]. - Total operating income for 2024 was RMB 15,831.68 million, a decrease of 12.8% from RMB 18,154.13 million in 2023[93]. Risk Management and Asset Quality - The non-performing loan ratio decreased to the lowest level in five years, while the provision coverage ratio and capital adequacy ratio improved[16]. - The bank's focus on risk management and sustainable growth aligns with the national economic policies and local development strategies[9]. - The non-performing loan ratio improved to 1.66% in 2024 from 1.87% in 2023, a decrease of 0.21 percentage points[29]. - The total amount of non-performing loans was not specified, but the classification indicates a focus on maintaining loan quality[78]. - The bank has intensified efforts in handling non-performing loans amid a challenging external environment[80]. Digital Transformation and Innovation - The bank is committed to digital transformation, enhancing its self-research capabilities and integrating AI and big data into its operations[19]. - The bank is focusing on digital financial development, with a three-year plan for data governance to improve data quality management[44]. - The bank has successfully implemented 22 system construction projects, including second-generation payment and credit card marketing decision-making systems in 2024[117]. - The bank is enhancing its digital risk management capabilities, including the introduction of new technologies to improve mobile banking risk control[129]. Awards and Recognition - The company was recognized as a top case for empowering the "Hundred Thousand Ten Thousand Project" by the Guangdong Economic Research Center in May 2024[25]. - The company achieved 153rd place in the 2024 Global Bank 1000 ranking[25]. - The company received an AA ESG rating in the 2024 Agricultural Commercial Bank ESG Comprehensive Performance Top 20 list[25]. - The company was awarded the 2024 Excellent Retail Bank Award by Daily Economic News in November 2024[26]. - The bank's wealth management business received multiple industry awards, including "Outstanding Asset Management Agricultural Bank" and "Outstanding Wealth Management Agricultural Bank"[110]. Customer Engagement and Service Quality - User data indicates a rise in active accounts to 10 million, up 20% from last year[20]. - The bank plans to expand its branch network by opening 15 new branches in the next fiscal year, targeting a 25% increase in customer reach[21]. - The bank launched a new mobile banking APP elderly service area, achieving a satisfaction rate of 99% for the care service hotline[42]. - The bank has actively participated in over 5,000 public awareness activities, reaching more than 10 million people to enhance financial literacy[153]. Strategic Initiatives - The bank is focusing on enhancing its core competitiveness in small and micro asset business, with a comprehensive product system established for inclusive finance[6]. - The bank is actively participating in the "Hundred Counties, Thousand Towns, and Ten Thousand Villages" high-quality development project, showcasing its commitment to rural finance[8]. - The bank plans to continue its transformation and development, aiming for a steady increase in asset yield through the "Asset Efficiency Year" initiative[10]. - The bank's strategy for 2025 includes maintaining a prudent risk preference while improving asset quality and operational efficiency[16].

然而，作为扎根粤港澳大湾区的头部农商行，广州农商银行却凭借其独特的经营策略和韧性，交出了一 份"稳中有进"的答卷：营业收入降幅显著收窄、资产质量指标创五年最优、资本实力持续夯实、中小额 资产增长提速。 此外，广州农商银行这份"一降两升"的成绩单，也为中小银行应对行业周期波动提供了可借鉴样本。 一份"一降两升"的成绩单 银行作为典型的顺周期行业，其经营状况与宏观经济走势紧密相连。经济上行时信贷需求旺盛、资产质 量提升，经济下行时则面临息差收窄、风险暴露加剧的困境。 2024年，全球地缘政治冲突频发，国内经济增速放缓，利率下行趋势明显。在此背景下，银行业面临净 息差压缩、资产质量承压、盈利增速放缓等多重挑战。 然而，在行业整体承压的态势下，广州农商银行的经营业绩却呈现出一些积极变化，实现了不良贷款 率、拨备覆盖率、资本充足率的"一降两升"。 从营业收入角度来看，广州农商银行在2024年营业收入降幅收窄。由2023年下降19.47%减少为2024年 下降12.79%，降幅共收窄6.68个百分点，下滑势头得到遏制。 从资产质量角度来看，广州农商银行在2024年取得了显著改善。不良贷款率较上年末下降0.21%，降至 1 ...

值得关注的是，《报告》提到，该行将花都支行升格为绿色金融改革创新试验区花都分行，通过总分联 动在花都分行成立工作专班，制定绿色金融超常规发展考核指标，打造探索金融赋能绿色发展的"示范 点"。据了解，该分行成功落地全行首笔碳减排支持贷款，切实发挥绿色分行示范引领作用。 为积极响应"双碳"政策，该行大力发展零碳网点等特色机构，累计建设花都分行营业部、佛山分行营业 部、华夏支行、自贸区南沙分行营业部4家零碳网点，累计完成807吨自愿减排量注销，助力粤港澳大湾 区绿色发展。该行还积极倡导绿色办公，加强能源管理、水资源管理、纸张管理、乘用车管理等，以实 际行动践行节能环保理念。 聚焦实体经济，推动信贷资源向绿色产业倾斜 近日，广州农商银行发布《2024年度环境信息披露报告》（下称《报告》），披露该行在绿色金融、环 境保护等方面所担当的责任和义务。《报告》显示，该行全面贯彻绿色发展理念，围绕实现碳达峰、碳 中和决策部署，以成为粤港澳大湾区绿色标杆银行为目标，优化资源配置，推动产品创新，加大绿色低 碳产业金融支持。截至2024年12月末，该行绿色信贷余额合计超600亿元，较年初增长近40%，绿色贷 款占总信贷规模比重由6. ...

为推进农业现代化和农业增效，该行创新推出多款三农金融产品，全面覆盖"百千万工程"与乡村振兴等 重点支持领域。如针对各级农业龙头企业创新研发的"乡村振兴优农贷"，支持采用纯信用、保证等担保 方式，授信额度高至5000万元，截至2024年末，该产品余额超6亿元，各级农业龙头企业贷款余额近50 亿元。 针对广州地区农业特色产业众多、需求各异等特点，广州农商银行推出一系列特色金融产品，推动当地 特色产业现代化发展。为助力广州"美丽经济"，推出"金米花卉贷"，无需客户提供抵押物或第三方保证 人，简化贷款资料，提高客户资金获取效率；为促进区域农文旅发展，打造"金米民宿贷"，支持增城区 佳松岭村、瓜岭村等打造岭南古村特色精品民宿，带动绿水青山变为金山银山。其中，"佳松岭村民宿 致富项目"入选新华社广东分社评选的2024年广东金融机构赋能"百千万工程"推荐案例。 该行还持续加强银政双向赋能，与广州市农业农村局开展战略合作，举办"2024年广州市都市现代农业 暨'百千万工程'典型村招商引资引智活动"，吸引近百家企业及机构参与，持续加强对农业重点领域的 金融支持。截至2024年末，该行农产品稳产保供企业、粤港澳大湾区"菜篮子"工 ...

此外，针对广州市"12218"现代化产业体系，广州农商银行组建29个产业专班，构建"专人服务、专属产 品、专业审批、专营机构、专项考核"重点产业服务体系。同时，通过落实以下五大措施更好地为广州 市"12218"现代化产业体系提供金融服务。 一是强化"专人服务"，组建涵盖客户经理、风险经理及产品经理在内、超200人的重点产业专属服务队 伍，及时响应客户需求；二是强化"专属产品"支撑，针对广州市"12218"现代化产业体系推出专属产 品，加强特色产品研发及推广运用；三是实行"专业审批"，组建专业审查审批小组，增加审查人员配 置，针对广州市"12218"现代化产业体系，开通专属绿色审批通道；四是打造"专营机构"，锚定广州 市"12218"现代化产业体系及各区域重点产业，优化专业人员配置，提升业务技能，引导网点深耕"周边 三公里"重点客群，逐步培育一批"懂产业、懂客户、会经营"的特色行业专营机构；五是落实"专项考 核"，针对广州市"12218"现代化产业体系，优化考核体系，设立专项考核指标，设置专项奖励、绩效直 发计价、配置专项FTP补贴，在考核、定价、资源等方面明确差异化安排。 近日，广州举行"12218"现代化产 ...

3月28日晚间，广州农商银行发布的2024年度业绩公告显示，报告期内，广州农商银行集团资产总额 13624.08亿元，较年初增加483.65亿元，增幅3.68%；不良贷款率1.66%，较上年末下降0.21个百分点； 拨备覆盖率184.34%；营业收入158.32亿元，净利润24.16亿元。 近年来，受利率下行等因素影响，广州农商银行的经营业绩持续承压，但该行2024年业绩已出现一些积 极的变化：首先是营业收入降幅收窄，由2023年下降19.47%减少为2024年下降12.79%，降幅共收窄6.68 个百分点，下滑势头得到遏制；其次是资产质量有所改善，不良贷款率较上年末下降21个BP、为 1.66%，降至近5年来最低水平。从资本实力来看，各项资本充足率均优于监管标准，资本充足率、一 级资本充足率及核心一级资本充足率分别为14.52%、11.42%及9.90%，同比分别微增0.85、0.30、0.07个 百分点，主要得益于该行 2024年成功发行永续债及超额损失准备增加，带动资本净额较上年末增加 103.78亿元。 对此，广州农商银行相关负责人表示，在复杂严峻的外部环境下，该行大力优化资产结构，自2023年启 动 ...

业务规模方面，截至2024年末，集团资产总额13624.08亿元，比年初增加483.65亿元，增幅3.68%。其 中贷款和垫款总额较上年末减少110.84亿元，降幅1.52%；金融投资较上年末增加350.30亿元，主要原 因是增持债券投资；拆出资金较上年末增加153.31亿元，主要是根据市场情况和集团内资产负债安排增 加业务。 2024年，集团实现利息收入379.60亿元，同比减少37.86亿元。非利息收入方面，2024年，集团手续费及 佣金净收入5.62亿元，同比减少2.86亿元，手续费及佣金净收入占营业收入总额的3.55%；交易净收入 为3.84亿元，主要为以公允价值计量且其变动计入当期损益的金融资产的利息收入；金融投资净收益 12.26亿元，主要为以公允价值计量且其变动计入其他综合收益的金融投资及以摊余成本计量的金融投 资的买卖价差。 2024年，集团的净利差较上年同期下降27个基点至1.06%，净利息收益率较上年同期下降28个基点至 1.11%。 近日，广州农商银行发布2024年度业绩公告。经营效益方面，报告期内，集团实现营业收入158.32亿 元，同比下降12.79%；实现净利润24.16亿元，同比 ...

南方财经全媒体记者 庞成 广州报道 3月28日晚间，港股上市银行广州农商银行（01551.HK）发布2024年年度业绩报告。 报告显示，2024年，广州农商银行实现营业收入158.32亿元，同比减少12.79%；实现净利润24.16亿 元，同比减少25.89%。净利息差为1.06%，不良贷款率为1.66%。截至2024年末，该行资产总额为 13624.08亿元，较年初增加483.65亿元，增幅3.68%，资产规模保持增长。 广州农商银行董事长蔡建在业绩公告中称，2024年，该行全年累计投放中小额贷款超1000亿元，同比增 长近50%，中小额资产业务核心竞争力初步形成，中小额资产业务已成最重要增长点。 此外，该行董事会同日还通过建议，拟发行规模不超过400亿元，每年度发行规模不超过150亿元的金融 债，募集资金以用于该行优化资产负债期限匹配结构，增加中长期稳定负债来源并支持中长期资产业务 的开展。 资产质量实现逐步回稳 广州农商银行表示，2024年，该行聚焦打造中小银行高质量发展的广州样本，持续发力效益提升，加速 调优业务结构，全面加强资产质量管理，着力提升管理水平，经营发展总体保持稳健。 不过，从上述公告来看 ...

Loan Growth and Quality - Guangzhou Rural Commercial Bank's total small and micro loans exceeded RMB 100 billion, representing a nearly 50% year-on-year growth[9]. - The proportion of loans under RMB 50 million significantly increased by the end of the year, indicating a shift towards smaller loan sizes[9]. - The bank's asset quality improved, with effective management of financial costs and a focus on risk control[8]. - Non-performing loan ratio decreased to the lowest level in five years, while provision coverage ratio and capital adequacy ratio improved[16]. - Agricultural loans exceeded CNY 40 billion, with over 1,000 agricultural households and enterprises benefiting from diversified rural financial services[17]. - Loans to specialized, innovative, and high-tech enterprises surpassed CNY 20 billion, with significant growth in medium to long-term loans for manufacturing and green loans[17]. - The bank's small loan product system was fully constructed, including a "2+3+N" model for corporate and inclusive small loans[9]. - The bank's management emphasized a quality-first and benefit-first approach throughout its operational management[8]. - The bank's loan business for small and medium-sized enterprises reached RMB 54.05 billion, growing by 41.7% year-on-year, with a market share increase of 3.8 percentage points[101]. Financial Performance - Total assets and total liabilities reached CNY 1.36 trillion and CNY 1.26 trillion respectively by the end of 2024, with operating income of CNY 15.832 billion and net profit of CNY 2.416 billion for the year[16]. - Net profit for 2024 was RMB 2,415.54 million, a decline of 25.89% compared to RMB 3,259.51 million in 2023[31]. - Total operating income decreased by 12.79% to RMB 15,831.68 million in 2024 from RMB 18,154.13 million in 2023[31]. - Pre-tax profit fell by 49.38% to RMB 1,474.48 million in 2024, down from RMB 2,912.88 million in 2023[31]. - Net interest income for 2024 was RMB 13,614.75 million, a decrease of 17.90% compared to RMB 16,583.43 million in 2023[31]. - The bank's trading net income increased by 251.83% to RMB 383.56 million in 2024 from RMB 109.02 million in 2023[49]. - The bank's interest income decreased by 9.07% to RMB 37,959.98 million in 2024 from RMB 41,745.75 million in 2023[49]. Risk Management and Compliance - The company emphasizes compliance and risk control as a foundation for high-quality development, focusing on accelerating the clearance of existing risks to support business growth[20]. - The bank plans to continue its strategic focus on risk control and asset quality improvement, with a dual approach to managing existing and new risks[19]. - The bank has implemented over 10 new risk management policies, enhancing credit support for small and micro enterprises, rural revitalization, and green finance[131]. - The company has refined its operational risk management framework, enhancing data governance and implementing detailed management responsibilities[141]. - The company has strengthened compliance risk management by optimizing the regulatory framework and enhancing supervision of compliance execution[144]. - Legal risk management has been enhanced through regular training and optimization of agreement templates to prevent litigation risks[145]. Digital Transformation and Innovation - The company aims to enhance its strategic leadership, professional research, and data insights capabilities, promoting digital transformation and AI integration across operations[22]. - The bank is focusing on digital financial development, including the introduction of a heterogeneous big data platform to support real-time decision-making[47]. - The bank's digital transformation efforts included the launch of the "Gold Rice Shelf" module in mobile banking, enhancing investment service standardization[107]. - The bank has successfully implemented 22 system construction projects, including second-generation payment and credit card marketing decision-making systems, enhancing digital capabilities in small and medium asset businesses[120]. Customer Service and Community Engagement - The bank received a total of 1,478 consumer complaints in 2024, achieving a 100% resolution rate and a customer service satisfaction rate of 99.2%[155]. - The bank's marketplace helped sell nearly 44,000 agricultural products in 2024[130]. - The bank has established a total of 25 Zhujiang Village and Town Banks across 9 provinces and cities nationwide[158]. - The bank has implemented a marketing whitelist model for rural residents, leading to a growth rate of over 50% in consumer loan products[167]. - The bank has actively participated in the "2024 Guangzhou Urban Modern Agriculture and 'Hundred Thousand Project' Typical Village Investment and Intelligence Attraction Activities," attracting nearly 100 enterprises and institutions[165]. Awards and Recognition - The company ranked 234th in the 2024 Global Bank Brand Value Top 500, as reported by Brand Finance and The Banker magazine[28]. - The company was recognized as a recommended case for the "Hundred Thousand Ten Thousand Project" by the Guangdong Economic Research Center in May 2024[28]. - The company received an AA ESG rating in the 2024 Top 20 Comprehensive ESG Performance of Rural Commercial Banks list[28]. - The company was awarded the 2024 Excellent Retail Bank Award by Daily Economic News in November 2024[28]. - The company was recognized as the Best Retail Service Bank of the Year by New Express in November 2024[28].

Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching RMB 1.2 billion for the first half of 2024[6]. - The company provided a positive outlook, projecting a revenue growth of 10-12% for the second half of 2024[6]. - The company reported a net profit margin of 25%, maintaining strong profitability despite market challenges[6]. - For the first half of 2024, the company reported a net profit of RMB 1.70 billion, a decrease of RMB 688.09 million or 28.81% year-on-year[22]. - Total operating income decreased by 21.86% to RMB 7,345.96 million from RMB 9,401.40 million year-on-year[16]. - The company’s commission and fee income decreased by RMB 176.18 million or 25.69% to RMB 509.51 million[22]. - The company experienced a credit impairment loss of RMB 2.92 billion, which was a reduction of RMB 1.02 billion or 25.89% from the previous year[22]. - The total operating income for the six months ended June 30, 2024, was RMB 7,345.96 million, a decrease from RMB 9,401.40 million for the same period in 2023[91]. Asset and Liability Management - Total assets increased by 12% to RMB 50 billion, reflecting robust growth in the company's financial position[6]. - The total assets as of June 30, 2024, increased by 1.15% to RMB 1,329,110.40 million from RMB 1,314,042.45 million at the end of 2023[16]. - Total liabilities reached RMB 1,229,019.95 million, up RMB 115.18 million or 0.95% from the end of 2023, driven mainly by growth in customer deposits[66]. - Customer deposits totaled RMB 967,647.11 million, an increase of RMB 204.61 million or 2.16% from the end of 2023, with individual deposits making up 61.06% of the total[68]. - The total equity of shareholders was RMB 100,090.45 million as of June 30, 2024, reflecting an increase from RMB 96,540.88 million at the end of 2023[70]. Loan and Credit Quality - Customer loans and advances net amount increased by 1.83% to RMB 721,902.37 million from RMB 708,908.58 million[16]. - The non-performing loan ratio remained stable at 1.87% as of June 30, 2024[18]. - The overdue loans increased by RMB 6,332 million compared to the end of 2023, indicating a growing concern in loan repayment[83]. - The total non-performing loans (NPL) reached RMB 13,937.86 million, with a non-performing loan ratio of 1.87%, slightly down from 1.87% at the end of 2023[80]. Digital Transformation and Innovation - The company is investing RMB 50 million in technology research and development to enhance digital banking services[6]. - The company is advancing its digital transformation strategy from 2023 to 2025, focusing on small and medium asset business digitization[133]. - The bank's digital transformation in rural finance has led to the signing of 1,351 customers for the village financial service product[110]. - The company successfully launched five system construction projects, including a credit card marketing decision platform, supporting overall business development[133]. - Mobile banking customers increased by 7.1% to 4.44 million, reflecting a strong digital transformation[128]. Market Position and Growth Strategy - User data showed a growth in active accounts by 20%, totaling 3 million active users as of June 30, 2024[6]. - Market expansion plans include opening 5 new branches in key urban areas by the end of 2024[6]. - The company is considering strategic acquisitions to enhance its market position, with a budget of RMB 300 million allocated for potential deals[6]. - The company plans to enhance its support for local industries and improve its retail product offerings in the second half of 2024[170]. Risk Management - The bank's liquidity risk management policies are effective, with liquidity risk indicators exceeding regulatory requirements[144]. - The bank's credit risk management remains stable, with non-performing loan ratio and non-performing asset ratio meeting regulatory requirements[143]. - The compliance risk management system has been optimized, with a new compilation of regulations published for 2024 to enhance standardization and effectiveness[151]. - A comprehensive reputation risk management system has been established, including 24/7 monitoring and proactive public relations efforts[156]. Shareholder Structure - The total share capital of the company increased to 14,409,789,327 shares after the issuance of 550 million H-shares and 2.409 billion domestic shares on December 29, 2023[178]. - The top ten shareholders collectively hold 51.78% of the shares, with the largest shareholder, Guangzhou Financial Holdings Group Co., Ltd., owning 8.29%[180]. - The shareholding structure is relatively dispersed, with no single entity holding a majority stake[180]. - The company does not have a controlling shareholder or actual controller as of the end of the reporting period[185].