Financial Performance - The net profit for the year 2024 is projected to be CNY 4.793 billion, with a proposed cash dividend of CNY 0.248 per share (including tax) for registered shareholders[10]. - The total cash dividend for the year 2024 is expected to be CNY 0.414 per share (including tax) after the third quarter distribution was completed on January 24, 2025[10]. - The company achieved a revenue of 132.63 billion yuan, representing a year-on-year growth of 3.25%, and a net profit of 55.21 billion yuan, up 5.59% from the previous year[81]. - In 2024, the company's net profit exceeded 5.5 billion RMB, representing a year-on-year growth of 5.59%[68]. - Net profit attributable to shareholders rose by 3.80% to RMB 5,117,290 thousand in 2024, compared to RMB 4,929,787 thousand in 2023[57]. - Operating income increased by 10.69% to RMB 2,199,439 thousand in 2024 from RMB 1,987,074 thousand in 2023[57]. - Interest income for 2024 reached RMB 28,690,811 thousand, a year-on-year increase of 1.43% compared to RMB 28,285,529 thousand in 2023[57]. - Net interest income decreased by 2.59% to RMB 10,176,129 thousand in 2024 from RMB 10,447,003 thousand in 2023[57]. - Net commission and fee income surged by 115.73% to RMB 887,599 thousand in 2024, compared to RMB 411,438 thousand in 2023[57]. - The company achieved a cash flow from operating activities of 11.6 billion RMB in Q4 2024, a significant recovery from previous quarters[64]. Asset and Loan Growth - The total assets of the company reached CNY 856.642 billion, with total deposits of CNY 474.117 billion and total loans of CNY 440.616 billion[13]. - Total assets grew by 12.73% to RMB 856,641,840 thousand in 2024 from RMB 759,883,870 thousand in 2023[59]. - Customer loans and advances increased by 12.13% to RMB 440,616,361 thousand in 2024, compared to RMB 392,934,966 thousand in 2023[59]. - The total loan balance exceeded 300 billion yuan, with a growth of 25.00% year-on-year, and the balance of loans for technology, green, inclusive, and manufacturing sectors increased by 32%, 40%, 22%, and 25% respectively[81]. - The total amount of customer loans and advances was RMB 440,616.36 million, an increase of 12.13% from RMB 392,934.97 million in 2023[144]. - The total principal amount of corporate loans was RMB 313,003.21 million, reflecting a significant increase of 25.00% from RMB 250,398.07 million in 2023[144]. - The total amount of loans in the leasing and business services sector was RMB 104.65 billion, with a non-performing loan ratio of 0.15%[190]. - The total amount of loans in the real estate sector was RMB 10.11 billion, with a non-performing loan ratio of 5.63%[190]. Risk Management and Asset Quality - The non-performing loan ratio stands at 1.25%, with a provision coverage ratio of 245.08%[13]. - The non-performing loan ratio improved to 1.25% in 2024 from 1.34% in 2023[61]. - The company has strengthened its credit risk management and improved asset quality, maintaining a competitive position in the industry[176]. - The non-performing loan balance was RMB 5.46 billion, an increase of RMB 0.25 billion, with a non-performing loan ratio of 1.25%, a decrease of 0.09 percentage points from the previous year[176]. - The retail loan non-performing loan ratio was 2.71%, an increase of 0.73 percentage points, while the corporate loan non-performing loan ratio was 0.90%, a decrease of 0.43 percentage points[180]. Strategic Initiatives and Innovations - The company provided credit support exceeding CNY 150 billion to key strategic areas, including the Chengdu-Chongqing economic circle and modern manufacturing industry clusters[14]. - The company has been continuously recognized for its financial technology innovations, being the first local bank to have innovative applications selected for the People's Bank of China's financial technology innovation regulatory pilot for five consecutive years[14]. - The company aims to achieve a higher level of development and aims to enter the "Trillion Club" of commercial banks[34]. - The company plans to enhance its asset quality and financial management while addressing new types of risks[38]. - The company intends to increase credit investment and diversify its income sources through wealth management and investment banking services[39]. - The company is focused on optimizing its management processes and enhancing its support for strategic emerging industries and technology sectors[40]. - The company is restructuring its product system to break down online and offline barriers, enhancing product strength and expanding inclusive finance loan volumes[46]. Awards and Recognition - The company ranked 209th in the global banking sector according to The Banker magazine, improving by 8 places from the previous year[14]. - The company has been recognized as a "model case" for rural revitalization by the China Rural Credit Cooperative Report in 2024[22]. - The company was awarded the "Outstanding Case" and "Excellent Case" in the first Data Model Algorithm Competition organized by the China Academy of Information and Communications Technology[21]. - The company was recognized for its "OCR Large Model in Banking Business Auxiliary Application and Research" with a first prize at the 9th Chongqing "Five Small" Innovation Showcase[28]. - The company achieved six awards at the 4th "Golden Reputation Award" selection, including "Outstanding Wealth Management City Commercial Bank" and "Outstanding Technology Strength Institution"[28]. - The company was awarded the "Best Practice of Annual Report Performance Presentation Meeting" by the China Listed Companies Association[29]. Governance and Compliance - The bank's financial reports have been audited by Ernst & Young, confirming their accuracy and completeness[10]. - The board meeting held on March 21, 2025, was attended by all 11 directors, ensuring compliance with relevant regulations[10]. - The company is committed to optimizing its governance structure and enhancing transparency to support high-quality development[49].

独立董事候选人声明与承诺 本人陈凤翔，已充分了解并同意由提名人重庆银行股份有限 公司董事会提名委员会提名为重庆银行股份有限公司第七届董 事会独立董事候选人。本人公开声明，本人具备独立董事任职资 格，保证不存在任何影响本人担任重庆银行股份有限公司独立董 事独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证 券交易所自律监管规则以及公司章程有关独立董事任职资格和 条件的相关规定； （九）《银行业金融机构董事（理事）和高级管理人员任职 资格管理办法》《保险公司董事、监事和高级管理人员任职资格 管理规定》《保险机构独立董事管理办法》等的相关规定（如适 用）； （十）其他法律法规、部门规章、规范性文件和上海证券 ...

独立董事候选人声明与承诺 本人曾宏，已充分了解并同意由提名人重庆银行股份有限公 司董事会提名委员会提名为重庆银行股份有限公司第七届董事 会独立董事候选人。本人公开声明，本人具备独立董事任职资格， 保证不存在任何影响本人担任重庆银行股份有限公司独立董事 独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 本人已经参加培训并取得证券交易所认可的相关培训证明 材料。 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证 券交易所自律监管规则以及公司章程有关独立董事任职资格和 条件的相关规定； （四）中共中央纪委、中共中央组织部《关于规范中管干部 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； （五）中共中央组织 ...

独立董事候选人声明与承诺 本人汪钦琳，已充分了解并同意由提名人重庆银行股份有限 公司董事会提名委员会提名为重庆银行股份有限公司第七届董 事会独立董事候选人。本人公开声明，本人具备独立董事任职资 格，保证不存在任何影响本人担任重庆银行股份有限公司独立董 事独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 1 （七）中国人民银行《股份制商业银行独立董事和外部监事 制度指引》等的相关规定（如适用）； （八）中国证监会《证券基金经营机构董事、监事、高级管 理人员及从业人员监督管理办法》等的相关规定（如适用）； （九）《银行业金融机构董事（理事）和高级管理人员任职 资格管理办法》《保险公司董事、监事和高级管理人员任职资格 管理规定》《保险机构独立董事管理办法》等的相关规定（如适 用）； 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任 ...

线上线下的各位股东投资者分析师和媒体朋友们大家上午好欢迎参加重庆银行2024年度业绩说明会我是会议主持人侯希蒙风吹万木争新绿雨润千帆竞必韬很高兴在这个春意盎然万物勃发的季节与大家再次相聚线上 共同分享回顾和检视重庆银行2024年经营业绩本次业绩说明会通过上证路演中心重庆银行微信视频号全景网以及其他平台进行同步线上直播并且开通了上证路演中心文字互动渠道欢迎大家积极提问交流 我们将对重点关注的问题进行及时的回复和解答首先我向大家介绍出席本次业绩说明会的团队他们是董事长杨秀明先生独立董事朱艳健先生拟任副行长张培宗先生 副行长张松先生副行长李聪先生副行长首席风险官王伟烈先生下面首先请杨秀明董事长致辞 净利润超55.2亿元同比增长5.6%手续费继佣金净收入同比增长116%占云收占比提高3.4个百分点人均网均利润和成本收入比等多项指标保持全国上市承农商行较好水平三四结构稳中向优 一般贷款增速接近20%票据贴现贷款占比下降5.1个百分点存款占比提升近60%储蓄存款余额增长24%占比提升4.2个百分点推动核心负债比例提升3.2个百分点存款 储蓄成款负息率分别下降20BP 30BP市市质量稳中向好通过科技赋能提升风险管控能力强 ...

Financial Performance - Net profit for the third quarter of 2024 was RMB 1,495,233 thousand, a 3.36% increase from the same period last year[4] - The net profit for the first nine months of 2024 was RMB 4.706 billion, an increase of RMB 207 million or 4.59% compared to the same period last year[18] - Net profit for the first nine months of 2024 was RMB 4.71 billion, compared to RMB 4.50 billion in 2023, representing a year-on-year increase of 4.6%[24] - The net profit attributable to the company's shareholders for the first nine months of 2024 was RMB 4.43 billion, compared to RMB 4.27 billion in 2023, marking an increase of 3.8%[26] - Basic earnings per share for the third quarter stood at RMB 0.40, reflecting a 2.56% increase year-over-year[4] - The company’s basic earnings per share for the first nine months of 2024 was RMB 1.27, compared to RMB 1.23 in 2023, indicating a growth of 3.2%[26] - The operating income for the same period was RMB 10.351 billion, up RMB 393 million or 3.95% year-on-year[18] - For the nine months ended September 30, 2024, the pre-tax profit was RMB 5,218,140 thousand, an increase from RMB 5,102,833 thousand in the same period of 2023, representing a growth of 2.27%[29] Assets and Liabilities - Total assets as of September 30, 2024, reached RMB 824,144,121 thousand, an increase of 8.46% compared to December 31, 2023[4] - Total liabilities amounted to RMB 761,169,123 thousand, up 8.65% from the end of 2023[4] - The company's total assets as of September 30, 2024, amounted to RMB 824.14 billion, up from RMB 759.88 billion at the end of 2023, indicating a growth of 8.5%[28] - Total liabilities as of September 30, 2024, were RMB 761.17 billion, compared to RMB 700.58 billion at the end of 2023, showing an increase of 8.6%[28] Customer Loans and Deposits - Customer loans and advances totaled RMB 433,263,441 thousand, reflecting a growth of 10.26% year-over-year[4] - Customer deposits increased to RMB 463,587,122 thousand, marking an 11.76% rise compared to the previous year[4] - Customer deposits amounted to RMB 463.587 billion, up RMB 48.774 billion or 11.76% from the end of the previous year, with time deposits at RMB 359.717 billion[18] - The total amount of customer loans and advances was RMB 433.263 billion, an increase of RMB 40.328 billion or 10.26% from the end of the previous year[18] - Customer loans and advances increased by RMB (42,389,360) thousand for the nine months ended September 30, 2024, compared to an increase of RMB (34,694,356) thousand in the same period of 2023, reflecting a higher demand for loans[29] - The net increase in customer deposits was RMB 45,478,218 thousand for the nine months ended September 30, 2024, compared to RMB 23,655,434 thousand in the same period of 2023, indicating strong deposit growth[29] Cash Flow - The net cash flow from operating activities for the first nine months was RMB 5,529,548 thousand, a significant recovery from a negative cash flow of RMB (32,384,875) thousand in the previous year[4] - The net cash flow from operating activities for the nine months ended September 30, 2024, was RMB (32,384,875) thousand, compared to RMB (9,072,256) thousand for the same period in 2023, indicating a significant decline in cash flow[29] - The net cash flow from investing activities was RMB 12,307,477 thousand for the nine months ended September 30, 2024, a recovery from a negative cash flow of RMB (18,598,084) thousand in the same period of 2023[30] - The net cash flow from financing activities was RMB 13,783,674 thousand for the nine months ended September 30, 2024, compared to RMB 23,785,643 thousand in the same period of 2023, showing a decrease of 42.05%[30] - The cash and cash equivalents at the end of the period were RMB 13,003,897 thousand as of September 30, 2024, down from RMB 15,646,511 thousand at the end of September 2023[30] Capital Adequacy and Ratios - The core tier 1 capital adequacy ratio was 10.02% as of September 30, 2024, compared to 9.78% at the end of 2023[8] - The core tier 1 capital adequacy ratio at the end of the reporting period was 10.02%, meeting the latest regulatory requirements for capital adequacy in the Chinese banking industry[19] - The liquidity coverage ratio improved to 511.75% from 277.49% at the end of 2023[12] - The provision coverage ratio increased to 250.19%, up 16.01 percentage points from the end of the previous year[19] Shareholder Information - The top ten shareholders held a total of 2,052,000,000 shares, accounting for 60.00% of the total share capital, with the largest shareholder holding 33.75%[14] - The company plans to distribute a cash dividend of RMB 1.66 per share to all registered ordinary shareholders, totaling approximately RMB 576.78 million, which accounts for 13.03% of the net profit attributable to ordinary shareholders for the first three quarters of 2024[20] Other Financial Metrics - Interest income for the first nine months of 2024 reached RMB 21.76 billion, an increase from RMB 21.26 billion in the same period of 2023, reflecting a growth of 2.33%[23] - The company reported a net trading income of RMB 291.35 million for the first nine months of 2024, up from RMB 215.35 million in the same period of 2023, reflecting a growth of 35.2%[23] - The interest expense from financing activities was RMB 2,989,352 thousand for the nine months ended September 30, 2024, compared to RMB 2,829,253 thousand in the same period of 2023, reflecting an increase of 5.66%[29] Non-Performing Loans - The non-performing loan balance as of September 30, 2024, was RMB 5.441 billion, an increase of RMB 229 million from the end of the previous year, with a non-performing loan ratio of 1.26%, down 0.08 percentage points[19]

Financial Performance - Net profit for Q3 2024 was RMB 1,495,233 thousand, a 3.36% increase year-on-year [4]. - Basic earnings per share for Q3 2024 was RMB 0.40, reflecting a 2.56% increase compared to the same period last year [4]. - Net profit for the first nine months was CNY 4.706 billion, an increase of CNY 207 million, or 4.59% year-on-year [23]. - Operating income was CNY 10.634 billion, up CNY 387 million, or 3.78% year-on-year [23]. - The bank's net profit attributable to shareholders increased to RMB 26,053,953 thousand, compared to RMB 23,762,205 thousand in the previous year, indicating a growth of around 9.6% [27]. - The bank's total profit for the first nine months of 2024 was RMB 5,218,140 thousand, compared to RMB 5,102,833 thousand in 2023, reflecting a growth of 2.3% [31]. - Net profit attributable to shareholders reached RMB 4,428,072 thousand, representing a 3.7% increase from RMB 4,270,278 thousand in the previous year [31]. - Basic earnings per share rose to RMB 1.27, compared to RMB 1.23 in 2023, indicating a growth of 3.2% [33]. Asset and Liability Management - Total assets increased by 8.46% to RMB 824,144,121 thousand compared to the end of 2023 [3]. - Total liabilities grew by 8.65% to RMB 761,169,123 thousand from the end of 2023 [3]. - The bank's total liabilities amounted to RMB 761,169,123 thousand, an increase from RMB 700,584,443 thousand, which is an increase of about 8.6% [27]. - The bank's total equity attributable to shareholders increased by 6.13% to RMB 60,407,017 thousand compared to the end of 2023 [3]. - The bank's equity attributable to shareholders rose to RMB 60,407,017 thousand, compared to RMB 56,917,734 thousand, reflecting an increase of approximately 6.9% [27]. Customer Loans and Deposits - Customer loans and advances rose by 10.26% to RMB 433,263,441 thousand year-on-year [3]. - Customer deposits increased by 11.76% to RMB 463,587,122 thousand compared to the end of 2023 [3]. - Total customer loans and advances reached CNY 433.263 billion, an increase of CNY 40.328 billion, or 10.26% [22]. - Customer deposits amounted to CNY 463.587 billion, up CNY 48.774 billion, representing an increase of 11.76% [22]. - Loans and advances to customers rose to RMB 419,681,391 thousand, compared to RMB 380,795,540 thousand in December 2023, marking an increase of about 10.2% [26]. Risk Management - Non-performing loan balance was CNY 5.441 billion, an increase of CNY 229 million; non-performing loan ratio was 1.26%, down 0.08 percentage points [23]. - Provision coverage ratio improved to 250.19%, an increase of 16.01 percentage points [23]. - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies in place [27]. Capital Adequacy - Core Tier 1 capital adequacy ratio stood at 10.02% as of September 30, 2024, up from 9.78% at the end of 2023 [9]. - Core Tier 1 capital adequacy ratio was 10.02%, Tier 1 capital adequacy ratio was 11.37%, and total capital adequacy ratio was 14.68% [23]. Cash Flow and Investment Activities - The net cash flow from operating activities for the first three quarters was RMB (32,384,875) thousand, a 256.97% increase compared to the same period last year [15]. - Total cash inflow from operating activities reached RMB 59,129,920 for the nine months ended September 30, 2024, compared to RMB 40,660,602 in 2023, indicating an increase of about 45.2% [38]. - The net cash flow from investment activities was RMB 12,408,763 for the nine months ended September 30, 2024, a significant recovery from a negative RMB 18,531,102 in the same period of 2023 [42]. - Total cash inflow from investment activities increased to RMB 80,110,285 for the nine months ended September 30, 2024, up from RMB 65,030,598 in 2023, representing a growth of approximately 23.1% [42]. Future Outlook and Strategy - The company aims to maintain steady progress and high-quality development to enhance shareholder value [24]. - The bank plans to expand its market presence and enhance its digital banking capabilities in the upcoming quarters [27]. - The bank plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and customer service [30].

Financial Reporting and Compliance - The bank's board of directors confirmed the accuracy and completeness of the semi-annual report for 2024, ensuring no false statements or significant omissions exist[10]. - The financial report for the first half of 2024 has not been audited[10]. - The bank's management team, including the chairman and CEO, has guaranteed the truthfulness and accuracy of the financial report[10]. - The bank's compliance with regulatory requirements is highlighted, ensuring adherence to the relevant laws and regulations[10]. - The company has appointed Ernst & Young as its domestic and international auditing firm for the 2024 fiscal year[199]. - There were no significant contracts outside the normal business scope related to custody, contracting, or leasing of assets during the reporting period[200]. Financial Performance - The total assets of the company reached CNY 805.968 billion, with total deposits of CNY 450 billion and total loans of CNY 419.897 billion, achieving a non-performing loan ratio of 1.25% and a provision coverage ratio of 249.59%[13]. - Net interest income for the first half of 2024 was RMB 5,224,044 thousand, a decrease of 3.01% compared to RMB 5,386,427 thousand in the same period of 2023[17]. - The net profit for the first half of 2024 was RMB 3,210,267 thousand, representing a growth of 5.17% compared to RMB 3,052,330 thousand in the same period of 2023[17]. - The group's operating income for the first half of 2024 was RMB 6.954 billion, representing a growth of 3.31% year-on-year[28]. - The income tax expense for the first half of 2024 was RMB 490.34 million, up by RMB 116.10 million or 31.02% compared to the same period last year[55]. - The pre-tax profit for the first half of 2024 was RMB 3.70 billion, representing an increase of RMB 274.04 million or 8.00% year-on-year[56]. Asset and Liability Management - The bank's total liabilities increased to RMB 744,141,290 thousand, a rise of 6.22% from RMB 700,584,443 thousand at the end of 2023[18]. - The total amount of financial investments was RMB 257.87 billion as of June 30, 2024, a decrease of RMB 22.87 billion or 8.15% from the end of the previous year[63]. - The group's total liabilities reached RMB 744.14 billion, an increase of RMB 43.56 billion or 6.22% from the end of 2023[72]. - The total financial assets amount to RMB 794.48 billion, while total financial liabilities are RMB 742.28 billion, resulting in a net interest sensitivity gap of RMB 52.20 billion[130]. Risk Management - The bank is facing significant risks and has outlined measures to address these in the "Management Discussion and Analysis - Risk Management" section of the report[10]. - The bank emphasizes risk management principles including matching, full coverage, independence, and effectiveness, ensuring that returns are aligned with the risks undertaken[125]. - Credit risk management is enhanced through a structured approach, focusing on supporting key sectors such as small and micro enterprises, green development, and technological innovation[126]. - The bank has implemented a dynamic management framework for non-performing assets, utilizing modern and digital methods to enhance asset recovery[127]. - The liquidity risk management framework has been continuously improved, enhancing the ability to measure and predict liquidity risks[136]. Customer and Market Engagement - The company provided over CNY 100 billion in credit support to key industries in the Chengdu-Chongqing economic circle and other significant strategic areas during the reporting period[13]. - The company has focused on improving financial service capabilities by restructuring and enhancing service quality, particularly for small and micro enterprises and rural residents[13]. - The bank's focus on enhancing retail customer service contributed to the growth in individual deposits and overall customer deposits[73]. - The bank actively promoted digital financial services, enhancing online channels and customer engagement through various marketing activities[106]. - The total number of debit cards issued increased by 275,900 to 5.6272 million, with transaction volume reaching CNY 7.019 billion during the reporting period[107]. Capital Management - The core tier 1 capital adequacy ratio improved to 10.16% as of June 30, 2024, compared to 9.78% at the end of 2023[20]. - The total capital net amount is CNY 71,588,827 thousand, with a total capital adequacy ratio of 13.77%[147]. - The bank's capital management strategy aims to meet regulatory requirements while improving capital return and risk resistance capabilities[145]. - The bank issued a 50 billion RMB subordinated capital bond in March 2022, with a fixed interest rate of 3.73% for ten years[151]. - The bank plans to utilize funds from a 25 billion RMB perpetual capital bond issued in October 2023 to supplement its other tier 1 capital[152]. Shareholder Commitments and Governance - The bank's shareholders have fulfilled their commitments regarding share transfer restrictions for a period of 36 months following the IPO[157]. - The company has committed to repurchase all newly issued A-shares if there are significant misstatements or omissions in the prospectus, with the repurchase price not lower than the issuance price plus applicable interest[169]. - The first major shareholder, Chongqing Yufu Capital Operation Group Co., Ltd., guarantees the accuracy and completeness of the prospectus, assuming legal responsibility for any misstatements[170]. - The company will compensate investors for losses if the prospectus is found to have significant omissions that affect investment decisions[171]. - The company has committed to a lock-up period of 36 months for its internal shareholders, starting from February 5, 2021, during which they cannot transfer their shares[162].

Financial Reporting - The unaudited interim results for Bank of Chongqing for the six months ending June 30, 2024, were announced, complying with the Hong Kong Stock Exchange's requirements[1]. - The board of directors confirmed the accuracy and completeness of the interim report, with no false statements or significant omissions[5]. - The bank will not distribute profits or convert capital reserves into share capital for the 2024 interim period[5]. - The report indicates that the financial statements are prepared in Renminbi, with no significant non-operational fund occupation by controlling shareholders[5]. - The bank's financial report for the interim period is unaudited, ensuring transparency in financial reporting[5]. - The bank's chairman and senior management have guaranteed the truthfulness and accuracy of the financial report[5]. - The interim report is available on the bank's website and the Shanghai Stock Exchange website[2]. - The board meeting held on August 30, 2024, was attended by 14 directors, with 12 present in person[5]. Financial Performance - The total assets of the company reached CNY 805.968 billion, with total deposits of CNY 450 billion and total loans of CNY 419.897 billion, achieving a non-performing loan ratio of 1.25% and a provision coverage ratio of 249.59%[7]. - Net interest income for the first half of 2024 was RMB 5,224,044 thousand, a decrease of 3.01% compared to RMB 5,386,427 thousand in the same period of 2023[11]. - The net profit for the first half of 2024 was RMB 3,210,267 thousand, representing a 5.17% increase from RMB 3,052,330 thousand in the same period of 2023[11]. - Basic earnings per share for the first half of 2024 were RMB 0.87, up 3.57% from RMB 0.84 in the same period of 2023[11]. - Operating income for the first half of 2024 was RMB 6.95 billion, reflecting a growth of 3.31% year-on-year[22]. - The group achieved a net profit of RMB 3.21 billion, an increase of 5.17% year-on-year[19]. Asset and Loan Management - The total customer loans and advances reached RMB 1,898,801,000, an increase of RMB 447,817,000 or 30.86% compared to the same period last year[48]. - The non-performing loan ratio improved to 1.25% as of June 30, 2024, down from 1.34% at the end of 2023[14]. - The total amount of customer loans and advances as of June 30, 2024, was RMB 419,896,747,000, an increase of RMB 269,620,000,000 or 6.86% from the end of the previous year[53]. - The loan loss provision balance as of June 30, 2024, was RMB 12.99 billion, an increase of RMB 0.849 billion from the end of the previous year, with a non-performing loan coverage ratio of 249.59%, up by 15.41 percentage points[89]. - The total amount of overdue loans amounted to RMB 7.90 billion, an increase of RMB 0.282 billion compared to the end of the previous year, with an overdue loan ratio of 1.91%, a decrease of 0.04 percentage points[83]. Risk Management - The report includes a section on risk management, highlighting major risks faced by the group and the measures to be taken[5]. - The bank has established a comprehensive risk management system to ensure that returns are aligned with the risks undertaken, aiming to maximize shareholder value[119]. - Credit risk management is prioritized, with a focus on supporting key sectors such as small and micro enterprises, green development, and technological innovation[120]. - The bank has implemented a dynamic management approach for non-performing assets, utilizing modern and digital methods to enhance asset recovery[121]. - Interest rate risk is managed through regular assessments of interest-sensitive assets and liabilities, with a focus on maintaining stability in net interest income[123]. Digital Transformation and Innovation - The company has been selected as a pilot bank for financial technology innovation by the People's Bank of China, highlighting its commitment to digital transformation and technology-driven growth[7]. - The bank's digital capabilities were enhanced through the development of online service channels, improving operational efficiency in inclusive finance[99]. - The bank's digital transformation strategy includes 65 key projects for 2024, aimed at improving operational efficiency and customer experience through data integration and sharing systems[108]. - The bank has implemented intelligent processing for nearly 70% of its total business volume, significantly improving efficiency compared to manual operations[112]. - The bank's mobile banking app has introduced three new application scenarios, including a senior-friendly version and a points mall to support elderly financial services[108]. Shareholder Commitments and Regulations - The company has committed to a 36-month lock-up period for its shares following the IPO, effective from February 5, 2021[155]. - The company will adjust the share issuance price in case of dividend distributions or capital increases during the lock-up period[158]. - The company guarantees strict compliance with relevant regulations and will exercise shareholder rights equally with other shareholders[168]. - The company will take measures to stabilize its stock price in accordance with applicable laws and regulations[170]. - The commitment to stabilize the stock price is effective for 36 months following the IPO[169]. Market Position and Strategy - The company ranked 209th in the global banking sector according to The Banker magazine, improving by 8 positions from the previous year, and has maintained an investment-grade rating from S&P for 7 consecutive years[7]. - The company aims to enhance its service capabilities by focusing on reform, structural adjustment, transformation, and quality improvement to better serve local economies and small and micro enterprises[7]. - The bank's strategy focuses on serving local economies, small and micro enterprises, and rural residents, emphasizing high-quality development and continuous improvement in operational efficiency[116]. - The bank is actively embracing financial technology, emphasizing data and intelligence to improve financial supply capabilities[149]. - The bank's commitment to serving the real economy remains a core mission, with ongoing efforts to optimize credit structures[149].

Financial Performance - Interest income for the first half of 2024 reached RMB 14,401,847 thousand, a 2.25% increase from RMB 14,085,252 thousand in the same period of 2023[12] - Net profit for the first half of 2024 was RMB 3,210,267 thousand, reflecting a 5.17% increase compared to RMB 3,052,330 thousand in the first half of 2023[12] - The bank's operating profit for the first half of 2024 was RMB 3,702,296 thousand, an 8.08% increase from RMB 3,425,453 thousand in the first half of 2023[12] - The net profit for the first half of 2024 was RMB 3.210 billion, representing a 5.17% increase compared to the same period last year[21] - The pre-tax profit for the first half of 2024 was RMB 3.701 billion, reflecting an increase of RMB 274.040 million or 8.00% compared to the same period last year[22] - The company's net interest margin decreased to 1.27% in the first half of 2024 from 1.51% in the same period of 2023[14] - The bank's basic earnings per share for the first half of 2024 was RMB 0.87, a 3.57% increase from RMB 0.84 in the first half of 2023[12] Asset and Liability Management - As of June 30, 2024, the total assets of Bank of Chongqing amounted to RMB 805.968 billion, with total deposits of RMB 450 billion and total loans of RMB 419.897 billion[8] - The total liabilities as of June 30, 2024, were RMB 744,141,290 thousand, a 6.22% increase from RMB 700,584,443 thousand at the end of 2023[13] - The total equity of the group as of June 30, 2024, was RMB 61.827 billion, an increase of RMB 2.527 billion or 4.26% compared to the end of 2023[70] - The core tier 1 capital net amount was RMB 52,832,793 thousand, a 3.59% increase from RMB 51,003,470 thousand at the end of 2023[13] - The liquidity ratio was reported at 170.07%, indicating a strong liquidity position[20] - The bank's total liabilities accounted for 100% of its total assets, maintaining a stable financial structure[69] Loan and Deposit Growth - The bank's "Two Increases" loans grew by over RMB 10 billion compared to the end of the previous year, while agricultural loans increased by 41.81%[8] - The balance of "Jie e Loan" increased by 39.04% compared to the end of the previous year, highlighting the bank's focus on inclusive finance[8] - Customer loans and advances totaled RMB 419,896,747 thousand, up 6.86% from RMB 392,934,966 thousand at the end of 2023[13] - The customer deposit total reached RMB 450 billion, marking an 8.48% increase from the previous year[20] - Personal deposits amounted to RMB 231.868 billion, up RMB 30.904 billion or 15.38%, accounting for 51.53% of total customer deposits[68] Non-Performing Loans and Risk Management - The non-performing loan ratio stands at 1.25%, with a provision coverage ratio of 249.59%[8] - The non-performing loan ratio improved to 1.25%, down by 0.09 percentage points from the end of the previous year[20] - The total loan loss provisions stood at RMB 12.988 billion as of June 30, 2024, an increase of RMB 0.849 billion compared to the end of the previous year, with a non-performing loan coverage ratio of 249.59%, up by 15.41 percentage points[91] - The bank's retail loan non-performing loan ratio was 2.44%, an increase of 0.46 percentage points compared to the end of 2023[75] - The bank's total overdue loans aged over 90 days amounted to RMB 2.524 billion, accounting for 0.61% of total loans as of June 30, 2024[86] Strategic Initiatives and Innovations - The bank has provided credit support exceeding RMB 100 billion to key strategic areas, including the Chengdu-Chongqing economic circle and the western land-sea new corridor[8] - The company aims to maintain the growth rate of small and micro loans not lower than the overall loan growth rate, enhancing financial support for small enterprises[100] - The company has introduced innovative products such as "Smart Integration Technology Transformation Loan" and "Smart Investment Loan" to support the manufacturing sector[98] - The bank's digital transformation strategy includes 65 key projects for 2024, aimed at enhancing operational efficiency and customer experience[109] - The bank's focus on technology innovation has led to the development of a digital due diligence tool, enhancing efficiency in public credit investigations[109] Regulatory Compliance and Governance - The company commits that the prospectus for the initial public offering (IPO) of A-shares does not contain false records, misleading statements, or significant omissions, and assumes legal responsibility for its accuracy and completeness[155] - The company will comply with all relevant laws and regulations regarding stock repurchase and stabilization measures[163] - The bank's compliance risk management framework was strengthened to adapt to ongoing regulatory changes, ensuring adherence to legal and regulatory standards[133] - The bank's anti-money laundering system was upgraded, enhancing operational efficiency and compliance with regulatory obligations[134] Market and Economic Environment - In the first half of 2024, China's GDP reached 61.7 trillion yuan, growing by 5.0% year-on-year[143] - Chongqing's GDP grew by 6.1% in the first half of 2024, outperforming the national average by 1.1 percentage points[144] - The external environment remains unstable and uncertain, but the long-term positive development trend of the economy is expected to continue[143] - The financial regulatory environment is strengthening, focusing on risk prevention and ensuring the stability and efficiency of the financial system[143]