Core Insights - Huishang Bank, celebrating its 20th anniversary, faces significant regulatory fines and a vacant chairman position for over five months [2][6][30] Regulatory Penalties - In December 2025, Huishang Bank received three fines totaling 8.8 million yuan, with two fines directed at the head office amounting to 8.15 million yuan [2][28] - The bank has been penalized multiple times in 2025 for various violations, accumulating over 15 million yuan in fines [5][19][28] - Specific violations include improper loan issuance, inadequate post-loan management, and issues in credit card and financial advisory services [4][19][28] Governance Issues - The chairman position has been vacant since July 31, 2025, following the resignation of Yan Chen, which may impact strategic decision-making and risk management [6][21] - The current temporary arrangements for leadership roles are insufficient to replace the formal chairman's leadership [21] Financial Performance - For the first half of 2025, Huishang Bank reported a net interest income of 14.53 billion yuan, a decrease of 1.06% year-on-year, indicating challenges in traditional lending growth [22][29] - The bank's total assets reached 2.25 trillion yuan, an increase of 11.82% from the beginning of the year, while net profit rose by 3.81% to 9.33 billion yuan [29] - The net interest margin and net interest yield decreased by 20 and 25 basis points, respectively, reflecting weakened profitability in traditional interest-based operations [22] Asset Quality Concerns - As of June 2025, the non-performing loan balance in the real estate sector surged by 190% to 1.156 billion yuan, raising concerns about asset quality [9][24][29] - The overall non-performing loan rate remains at 0.98%, but structural risks are evident, particularly in the personal loan sector [10][24] Capital Adequacy Pressure - The core Tier 1 capital adequacy ratio fell to 9.53% by June 2025, down from 9.83% at the end of 2024, indicating capital pressure amid rapid asset growth [11][25][26] - Despite remaining above regulatory minimums, the bank's capital ratios are below industry averages, which could pose challenges for future growth [26] Listing Challenges - Huishang Bank's efforts to return to A-share listing have faced delays since 2019, with ongoing disputes over shareholding and governance issues hindering progress [12][27] - The bank's board has not completed its renewal process, and historical employee shareholding issues remain unresolved, complicating its governance structure [27]

Core Insights - Huishang Bank celebrates its 20th anniversary in December 2025, having provided over 3 trillion yuan in comprehensive financial support to Anhui Province, contributing to its transformation from an agricultural to an industrial economy [1] Group 1: Foundation and Development - Established in 2005, Huishang Bank is the first provincial-level city commercial bank in China, created through the merger of city commercial banks and rural credit cooperatives, filling a gap in Anhui's regional banking sector [2] - The bank has achieved full coverage of its network across 16 cities in Anhui within four years of its establishment and has extended its services to rural areas [2] - It has invested over 20 billion yuan in major infrastructure projects, supporting the province's strategic initiatives [2] Group 2: Support for Industry and Livelihood - Huishang Bank focuses on serving the real economy, with over 119 billion yuan in loans for manufacturing and 150 billion yuan for strategic emerging industries, including over 150 billion yuan in credit for the new energy vehicle sector [3] - The bank has provided over 210 billion yuan in loans to technology enterprises, with an 80% increase from the end of 2022, and has supported over 13,000 technology companies [3] - In the inclusive finance sector, the bank has issued over 169 billion yuan in loans to small and micro enterprises, benefiting over 410,000 entities [4] Group 3: Digital Transformation and Quality Development - Huishang Bank has shifted its development model towards quality and efficiency, with corporate loans reaching nearly 700 billion yuan, a 50% increase since the beginning of 2023 [5] - The bank has invested 3.65 billion yuan in technology over the past three years, achieving a customer satisfaction rate close to 100% and a significant increase in mobile banking users [5] - The bank's asset quality remains strong, with a core tier one capital adequacy ratio of 9.62% and a continuous decrease in non-performing loans [5] Group 4: Recognition and Future Goals - Huishang Bank ranks 101st in the 2025 "Global 1000 Banks" list by The Banker and 23rd among China's top banks, reflecting its robust performance [6] - The bank aims to continue supporting Anhui's development and modernize its financial services, focusing on its core responsibilities and enhancing its comprehensive service offerings [6]

出品 | 子弹财经 作者 | 邢莉 编辑 | 蛋总 美编 | 倩倩 审核 | 颂文 近日，中西部资产规模最大的城商行——徽商银行股份有限公司（以下简称：徽商银行）迎来挂牌成立二十周年的重要节点。 诞生于金融深化改革的大潮中的徽商银行，是全国首家由城市商业银行、城市信用社联合组建的银行业。2005年12月28日，徽商银行并合并安徽省5家城 商行、7家城信社正式挂牌成立。 经过二十年的发展，徽商银行资产规模站上2万亿台阶。截至2025年9月末，徽商银行未经审计的资产总额为2.3万亿元，较年初增长了14.1%。 规模扩张的光环之下，挑战犹在。自2019年启动A股上市辅导备案以来，徽商银行历经六年辅导仍未走出僵局。 2025年10月，中信证券、国元证券联合发布徽商银行上市辅导工作进展情况报告。报告显示，公司治理、股权纷争、职工持股，这三大问题成为其登陆A 股的核心阻碍。 未来，这家中西部龙头城商行能否顺利冲出困局、圆梦A股，成为业界的一大关注点。 2025年岁末，国家金融监督管理总局安徽监管局公布的两张罚单显示，徽商银行合计被罚815万元，引发外界关注。 12月5日，监管处罚信息显示，徽商银行存在违规发放贷款、贷后管 ...

Core Viewpoint - Huishang Bank has successfully integrated its development with the economic growth of Anhui Province over the past 20 years, demonstrating the spirit of Huishang in the financial sector and contributing significantly to local economic development [1][3]. Group 1: Financial Contributions to Local Economy - Since its establishment, Huishang Bank has provided over 30 trillion yuan in financial support to Anhui Province during the 14th Five-Year Plan period, playing a crucial role in the province's economic transformation from an agricultural to an industrial powerhouse [3]. - The bank's total assets have exceeded 2.3 trillion yuan, with a net capital of over 170 billion yuan, while maintaining a declining trend in non-performing loans and improving risk control capabilities [3]. Group 2: Support for Innovation and Technology - Huishang Bank has issued over 210 billion yuan in technology loans, nearly 160 billion yuan in green credit, and over 170 billion yuan in inclusive microloans, demonstrating its commitment to nurturing technological innovation and supporting small and micro enterprises [4][11]. - The bank has developed a unique "Science and Technology Bank" model, focusing on providing tailored financial services to innovative enterprises, which has resulted in a significant increase in technology loan balances and the number of serviced technology companies [11][12]. Group 3: Expansion of Financial Services - Huishang Bank has expanded its personal financial services, growing its customer base from 19.5 million to 39 million in three years, indicating a strong market presence in Anhui [15]. - The bank has also launched various financial products, including "Technology Talent Loans" and "Technology R&D Loans," to support the entire lifecycle of technological enterprises [11][12]. Group 4: Strategic Goals and Future Directions - Looking ahead, Huishang Bank aims to deepen its focus on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, to enhance its role in optimizing the economic structure [12][16]. - The bank plans to continue innovating its financial services and products, aiming to create a comprehensive financial ecosystem that covers all aspects of lending, investment, and transaction services [16].

近日，在第六届银行业金牛奖颁奖典礼上，徽商银行凭借卓越的理财服务能力、稳健的产品业绩以及良好的市场口 碑，荣膺"银行理财服务金牛奖"和"金牛私人银行奖"两项大奖。 金牛奖系列评选以公正、公平、公开原则和对资产管理行业发展规律的尊重，被誉为中国资产管理行业"奥斯卡奖"。 这一权威奖项是对该行近年来财富管理与私人银行业务在产品创新、客户服务、队伍建设等方面综合实力的权威肯 定。 以客户为中心，提升精细化服务体验 徽商银行始终秉持"以客户为中心"的经营理念，始终将客户需求置于首位，为客户提供多层次、全流程式的陪伴服 务。2022年7月，该行专门设立财富管理与私人银行部一级部，旨在为客户提供更加丰富的财富产品和更加优质便捷 的服务体验。部门成立以来，加快数字化转型步伐，一方面通过精细化客户分层与精准画像，为不同风险偏好的客户 提供适配的资产配置方案，提供从现金管理、稳健增值到财富传承的全方位规划服务。另一方面不断优化手机银行流 程与服务体验，推出夜市理财、"徽财宝"等服务与功能，并通过专业的理财经理团队提供有温度的线下咨询服务，实 现"科技+人文"的融合服务体验。截至2025年11月末，全行财富客户数130.9万户， ...

Core Insights - The article highlights the growth and commitment of Huishang Bank in supporting local economic development and innovation in Anhui province, emphasizing its role in providing financial support to small and medium-sized enterprises (SMEs) and technology-driven companies [4][5][11]. Group 1: Financial Support and Innovation - Huishang Bank provided 10 million yuan in credit support to Hefei Dezhihang Technology Co., helping the company navigate cash flow challenges after relocating its headquarters [2]. - The bank's commitment to innovation is reflected in its approach to financing technology companies, utilizing a collaborative model with government and guarantees to enhance credit access [7]. Group 2: Growth and Development - Since its establishment, Huishang Bank has grown from an asset scale of less than 50 billion yuan to 2.3 trillion yuan, expanding its influence beyond Anhui to regions like the Yangtze River Delta and the Greater Bay Area [4]. - The bank has provided over 3 trillion yuan in financial support to Anhui during the 14th Five-Year Plan period, with an annual growth rate of 27% in manufacturing loans and 25% in loans for strategic emerging industries [5]. Group 3: Commitment to Social Responsibility - Huishang Bank has a strong focus on inclusive finance, with 255 billion yuan in loans to private enterprises and over 170 billion yuan to micro and small enterprises, ranking first among commercial banks in Anhui [8]. - The bank has established 110 "Changchun Flower" senior-friendly branches and has a significant presence in rural revitalization, with over 200 billion yuan in agricultural loans [8]. Group 4: Governance and Sustainability - The bank emphasizes high-quality governance as a foundation for sustainable development, integrating party leadership into its governance structure and enhancing compliance culture [9]. - Huishang Bank has committed to green finance, with nearly 160 billion yuan in green credit and being one of the first banks to sign a declaration supporting biodiversity [7]. Group 5: Future Vision - As Huishang Bank celebrates its 20th anniversary, it aims to establish itself as a trusted bank and a responsible financial institution, focusing on quality service and community engagement [11][12].

Core Viewpoint - Huishang Bank is transforming its inclusive finance approach into a "quality improvement and efficiency enhancement" 2.0 era through digital and intelligent transformation, addressing traditional financing challenges for small and micro enterprises [1] Group 1: Digital Transformation and Product Innovation - The bank has launched products like "Fund Flow e-Loan" and "Online No-Repayment Renewal Loan for Small Enterprises," utilizing big data and AI to tackle information asymmetry in financing for small businesses [1][5] - As of September 2025, the bank's inclusive loans for small and micro enterprises exceeded 170 billion yuan, supporting over 380,000 businesses, with average interest rates for new loans declining for three consecutive years [3][4] Group 2: Case Study and Implementation - A case study highlights a metal pipe company that received a 5 million yuan "Fund Flow e-Loan" through a comprehensive service process initiated by Huishang Bank, showcasing the bank's proactive approach to client needs [4][6] - The "Fund Flow e-Loan" product integrates data from the national credit information sharing platform, enhancing credit assessment and risk management through a four-dimensional model [5][6] Group 3: Recognition and Impact - Since its launch in June 2025, the "Fund Flow e-Loan" has disbursed over 100 million yuan and received the "New Service New Momentum Pioneer Case" award, establishing Huishang Bank as a benchmark in the industry for addressing financing challenges [7][8] - The bank's initiatives align with national policies aimed at enhancing credit supply to small and micro enterprises, reflecting a shift from being mere fund providers to becoming growth partners [8][9] Group 4: Future Directions - Huishang Bank aims to enhance its digital capabilities, promote comprehensive services, and implement strategic initiatives to support the high-quality development of inclusive finance [9]

Core Viewpoint - Huishang Bank celebrates its 20th anniversary, highlighting its commitment to serving the local economy and society while achieving significant growth and transformation in the banking sector [1][4]. Group 1: Service and Development - Established in December 2005, Huishang Bank emerged as the first bank formed by the merger of urban commercial banks and rural credit cooperatives in China, aimed at supporting local economic development [2]. - The bank has provided over 3 trillion yuan in financial support to Anhui Province during the 14th Five-Year Plan period, with total assets reaching 2.3 trillion yuan and loans exceeding 1 trillion yuan [4][5]. - Huishang Bank has focused on supporting technological innovation, with a loan balance for technology exceeding 210 billion yuan and significant contributions to the manufacturing sector [3][4]. Group 2: Financial Performance - Over the past 20 years, Huishang Bank's assets have grown over 45 times, with deposits and loans increasing by 28 times and 35 times, respectively [5]. - The bank has achieved a non-performing loan ratio below 1%, significantly better than the industry average, and maintains a core Tier 1 capital adequacy ratio of 9.62% [5]. - The bank's brand value has improved, ranking 101st in the Global 1000 Banks list, a significant rise of 672 places since 2008 [6]. Group 3: Innovation and Transformation - Huishang Bank is actively pursuing digital transformation, with technology investments exceeding 3.65 billion yuan over three years, and a focus on enhancing customer experience through digital services [8][9]. - The bank has established a comprehensive service network with 474 branches and 505 self-service areas, expanding its reach into key national strategic regions [7][8]. - It has successfully launched innovative financial products, including the first technology innovation bonds in the country, showcasing its commitment to innovation [9][10]. Group 4: Governance and Compliance - The bank emphasizes high-quality governance and compliance, integrating party leadership into its operational framework to ensure accountability and effective oversight [11][12]. - Huishang Bank has developed a modern internal control system covering all business lines, enhancing its compliance culture and improving regulatory ratings [12]. - The bank's workforce is highly educated, with over 94% of employees holding a bachelor's degree or higher, fostering a culture of continuous improvement and capability enhancement [12]. Group 5: Commitment to Mission - Huishang Bank aims to align its services with the broader economic goals of Anhui Province, focusing on supporting key sectors such as technology, advanced manufacturing, and green industries [13][14]. - The bank is dedicated to providing comprehensive financial solutions that cater to both corporate and individual clients, enhancing customer trust and loyalty [13][14]. - It strives to maintain a balance between risk management and growth, ensuring sustainable development while adhering to compliance standards [15].

Core Viewpoint - Huishang Bank celebrates its 20th anniversary, highlighting its commitment to serving the local economy and society while achieving significant growth and development in the banking sector [1][4]. Group 1: Historical Development - Established in December 2005, Huishang Bank was formed through the integration of local commercial banks and credit cooperatives, becoming the first bank of its kind in China [4]. - The bank went public on the Hong Kong Stock Exchange in November 2013, marking a significant milestone as the first city commercial bank in Central China to list [5]. - In 2020, Huishang Bank successfully acquired four branches of the former Baoshang Bank, demonstrating its commitment to national financial stability [5]. Group 2: Economic Contributions - Huishang Bank has provided over 30 trillion yuan in financial support to Anhui Province during the 14th Five-Year Plan period, with total assets reaching 2.3 trillion yuan and loans exceeding 1 trillion yuan [8]. - The bank has significantly contributed to the local economy, with loans to the manufacturing sector exceeding 160 billion yuan and support for the new energy vehicle industry amounting to 153.1 billion yuan [6]. - It has also focused on green finance, with a green credit balance of nearly 160 billion yuan, becoming one of the first banks to sign a declaration supporting biodiversity [6]. Group 3: Financial Performance - Over the past 20 years, Huishang Bank's assets have grown over 45 times, with deposits and loans increasing by 28 times and 35 times, respectively [8]. - The bank's non-performing loan ratio has improved to below 1%, significantly better than the industry average, while its core Tier 1 capital adequacy ratio stands at 9.62% [9]. - Huishang Bank ranks 101st in the Global 1000 Banks list, a significant rise of 672 places since 2008, and is recognized as the 23rd largest bank in China [9]. Group 4: Innovation and Digital Transformation - The bank is actively pursuing digital transformation, with technology investments exceeding 4% of revenue and a total of 3.65 billion yuan invested over the past three years [12]. - Huishang Bank has developed a comprehensive service network with 474 branches and 505 self-service areas, enhancing its regional presence [11]. - It has introduced innovative financial products, including the first science and technology bonds in the country, showcasing its commitment to innovation [13]. Group 5: Governance and Corporate Culture - The bank emphasizes high-quality governance and has established a robust supervisory system to ensure compliance and accountability [14]. - Huishang Bank integrates party leadership into its governance framework, enhancing its operational effectiveness and cultural cohesion [15]. - The workforce is highly educated, with over 94% of employees holding a bachelor's degree or higher, fostering a culture of excellence and innovation [15]. Group 6: Future Outlook - Huishang Bank aims to align with Anhui's development goals, focusing on key areas such as technological innovation and green industries [16]. - The bank is committed to providing comprehensive financial solutions that meet customer needs while maintaining a strong focus on risk management and compliance [17]. - As it enters its next phase, Huishang Bank seeks to solidify its position as a leading financial institution in China, contributing to the modernization of Anhui Province [17].

Core Viewpoint - Huishang Bank celebrates its 20th anniversary, highlighting its commitment to serving the local economy and society while achieving significant growth and transformation over two decades [1][6]. Group 1: Historical Development - Established in December 2005, Huishang Bank was formed through the integration of urban commercial banks and rural credit cooperatives in Anhui Province, becoming the first of its kind in China [3]. - The bank went public on the Hong Kong Stock Exchange in November 2013, marking a significant milestone as the first urban commercial bank from Central China to list [3]. - In 2020, Huishang Bank acquired four branches of the former Baoshang Bank, successfully managing nearly 100 billion in assets and maintaining service continuity for approximately one million customers [3]. Group 2: Economic Contributions - The bank's loans in Anhui Province surpassed 1 trillion, contributing to the province's recognition as an "economic powerhouse" [4]. - Huishang Bank has provided over 3 trillion in financial support to Anhui during the 14th Five-Year Plan period, with total assets reaching 2.3 trillion and both deposits and loans exceeding 1 trillion [6]. - The bank has focused on supporting technological innovation, with a loan balance for technology exceeding 210 billion, and has actively participated in the development of the new energy vehicle industry [4]. Group 3: Financial Performance - Huishang Bank's asset scale has grown over 45 times, with deposits and loans increasing by 28 times and 35 times respectively, reflecting a significant leap in both quantity and quality [6]. - The bank's non-performing loan ratio has dropped below 1%, indicating strong risk management capabilities, while its core Tier 1 capital adequacy ratio stands at 9.62% [7]. Group 4: Business Diversification - The bank has transitioned from a traditional banking model to a comprehensive financial service provider, offering investment banking, wealth management, and asset custody services [7]. - Huishang Bank has established a robust digital transformation strategy, with significant investments in technology and a focus on enhancing customer experience through digital channels [10]. Group 5: Governance and Compliance - The bank emphasizes high-quality governance and compliance as essential for sustainable development, integrating party leadership into its operational framework [12]. - Huishang Bank has developed a modern internal control system that covers all business lines, enhancing its compliance culture and improving regulatory ratings [13]. Group 6: Future Outlook - Looking ahead, Huishang Bank aims to align with national development strategies, focusing on innovation in financial services and enhancing its role as a financial leader in Anhui [14][15]. - The bank is committed to maintaining a balance between quality and efficiency, optimizing its cost-to-income ratio, and enhancing its competitive edge in key business areas [11].