Group 1 - The company Hanhua Financial Holdings (03903) announced the appointment of Mr. Yong Wenjiang as the company secretary and authorized representative according to Listing Rule 3.05, effective from August 12, 2025 [1]

Core Points - Hanhua Financial Holdings (03903.HK) announced the appointment of Mr. Weng Jiang as the company secretary, effective from August 12, 2025 [1] - The board further declared that Mr. Weng will serve as the authorized representative of the company under Listing Rule 3.05, replacing Mr. Ren, effective from August 12, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引 致之任何損失承擔任何責任。 Hanhua Financial Holding Co., Ltd.* 瀚 華 金 控 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3903） 委任公司秘書及授權代表 茲提述瀚華金控股份有限公司(「本公司」)於2025年3月25日刊發的公告，其中包 括任為棟先生(「任先生」)辭任本公司公司秘書事宜。 本公司董事會(「董事會」)宣佈，溫江永先生（「溫先生」）獲委任為本公司公司 秘書，自2025年8月12生效。 溫先生於2017年加入本公司，現任本公司財務審計部總經理助理。溫先生在會計及 財務領域擁有逾15年的經驗。溫先生2009年7月取得香港城市大學工商管理榮譽學士 (會計)學位，現為香港會計師公會之資深會員及中國註冊會計師協會之非執業會員。 董事會進一步宣佈，溫先生獲委任為本公司根據上市規則第3.05條規定的授權代表， 以替代任先生，自2025年8月12日起生效。 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 瀚华金控股份有限公司 呈交日期: 2025年8月1日 | 2. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03903 | 說明 | H股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 1,170,000,000 | | 0 | | 1,170,000,000 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 1,170,000,000 | | 0 | | 1,170,000,000 | 第 2 頁 共 10 頁 v 1.1.1 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 其他 ...

在此情况下，富民银行未来发展面临挑战。从财务数据看，业务规模持续扩大，资产总额从2022年的548.74亿元增长至 2024年的622.99亿元，年均增速约6.5%，负债规模同步增长。但盈利能力增速放缓，2024年净利润增速仅2.9%，较2023 年22.8%的增速明显下降，净息差也从2022年的3.82%降至2024年的3.39%，反映出利率市场化背景下银行盈利压力增 大。在资产质量方面，虽不良贷款率稳定在较低水平，但流动性比例从2022年的118.08%大幅降至2024年的84.06%，显 示未来资金管理面临考验，如何平衡流动性与盈利性成为关键问题。 在金融市场中，重庆富民银行的发展动向受到关注。作为中西部地区首家获批开业的民营银行，富民银行于2016年8月16 日成立。它由瀚华金控、宗申集团、福安药业等7家重庆当地民营企业共同出资30亿元设立，自成立起便承担着服务地方 经济、助力中小微企业发展的任务。 经过多年运营，富民银行在业务上取得一定成果。截至2024年12月末，其资产总额达622.99亿元，负债总额为572.63亿 元。该年度营业收入为20.96亿元，净利润为4.21亿元。从风控指标看，资本充足 ...

Financial Overview - The financial data for Hanhua Financial Holding Co., Ltd. is expressed in RMB million and prepared on a consolidated basis according to Hong Kong Financial Reporting Standards[8]. - The interim report is unaudited, indicating that the financial figures may be subject to change upon final audit[9]. - The report includes a comprehensive overview of the company's financial highlights, management discussion, and analysis of business performance[1]. - The financial highlights section provides key metrics that will be crucial for stakeholders assessing the company's performance[8]. - For the six months ended 30 June 2024, net guarantee and consulting fee income was RMB 107.6 million, accounting for 51.8% of operating income, compared to RMB 117.0 million and 44.3% in the same period of 2023[10]. - The Group recorded a net profit of RMB 8.0 million, representing a decrease of RMB 9.7 million or 54.8% compared to RMB 17.7 million for the same period in 2023[71]. - The Group's impairment losses amounted to RMB 78.9 million, an increase of RMB 25.7 million or 48.3% compared to RMB 53.2 million for the same period in 2023, primarily due to the increase in allowance for impairment loss of receivables for factoring[69]. - The company reported a profit for the period, contributing to the overall increase in equity[141]. Business Segments - The digital services segment is focused on digital transformation, with operations divided into four segments: digital services, digital finance, capital investment and financial asset management, and others[12]. - The digital service segment will leverage AI, big data, and blockchain to improve customer experience and operational efficiency[98]. - The digital finance segment offers offline financing products and guarantee services, including bond guarantees and small business lending, targeting MSMEs and individual customers[162]. - The digital services segment focuses on providing standardized fintech services for micro, small, and medium-sized enterprises (MSMEs) and individual customers[162]. - The digital services segment's guarantee products are designed based on industry chains and monitored through digital technology, which helps maintain low default rates[26]. Financial Performance - The profit before tax of the digital services segment increased by RMB 5.0 million or 26.0% to RMB 24.2 million for the first half of 2024, driven by growth in the electronic bid guarantee business[13]. - The digital finance segment recorded a profit before tax of RMB 48.0 million for the first half of 2024, a decrease of RMB 10.3 million or 17.7% from RMB 58.3 million for the same period in 2023[33]. - The capital investment and financial asset management segment recorded a profit before tax of RMB 21.9 million in the first half of 2024, a decrease of RMB 9.2 million or 29.6% compared to RMB 31.1 million in the same period of 2023[58]. - The Group's net guarantee and consulting fee income was RMB 107.6 million in the first half of 2024, down by RMB 9.4 million or 8.0% from RMB 117.0 million in the same period of 2023[59]. - The Group recorded a net trading gain of RMB 22.8 million in the first half of 2024, down from RMB 40.7 million in the same period of 2023[63]. Risk Management and Governance - The company emphasizes its commitment to risk management and strategic investments to enhance overall performance[4]. - The management team includes experienced directors and independent non-executive directors, ensuring robust governance[3]. - The intelligent risk control system in the credit guarantee business utilizes AI and big data to assess applications, improving efficiency and reducing operational risks[16]. - The company has complied with the Corporate Governance Code provisions for the six months ended June 30, 2024[123]. Market Position and Strategy - Future prospects and strategic directions are discussed, focusing on market expansion and potential new product developments[1]. - The company aims to enhance competitiveness in the inclusive finance sector through digital transformation strategies[12]. - The company is exploring the development strategy of digital finance and industrial finance to mobilize internal and external resources effectively[92]. - The company will continue to focus on four major areas in capital investment: healthcare, high-end manufacturing, energy conservation, and corporate services[102]. Employee Engagement and Development - The company aims to achieve a learning target of 40 learning hours per employee for the year through personalized learning programs[93]. - The company has implemented a performance appraisal system that links responsibility, performance, and salary, utilizing a color-coded card system for employee mobility assessment[94]. - The company emphasizes the importance of organizational culture and employee care, implementing various activities to enhance employee engagement[90]. - The introduction of AI and new media technologies is expected to improve the quality and efficiency of video course production for employee training[95]. Financial Position - As of June 30, 2024, the Group's cash and cash equivalents were RMB 111.2 million, down from RMB 575.2 million as of December 31, 2023[73]. - The Group's total interest-bearing debts as of June 30, 2024, were RMB 2,783.4 million, a decrease from RMB 2,985.9 million as of December 31, 2023[78]. - The company's debt-to-equity ratio as of June 30, 2024, was 35.0%, down from 37.6% as of December 31, 2023[83]. - The total assets of Fumin Bank amounted to RMB 60,489 million, a slight increase from RMB 60,418 million as of December 31, 2023[57]. Shareholder Information - As of June 30, 2024, the company had a total of 4,600,000,000 shares issued[108]. - Zhang Guoxiang holds 453,185,762 domestic shares, representing approximately 13.21% of the domestic share class and 9.85% of total share capital[106]. - Wang Fangfei holds 231,532,653 domestic shares, representing approximately 6.75% of the domestic share class and 5.03% of total share capital[106]. - Loncin Holdings directly holds 432,188,780 Domestic Shares, representing approximately 9.4% of the total shares of the company[115]. Compliance and Audit - The audit committee reviewed the unaudited consolidated interim financial information for the six months ended June 30, 2024[119]. - The company confirmed full compliance with the Model Code for securities transactions during the six months ended June 30, 2024[124]. - The interim financial report was authorized for issue on 30 August 2024, in compliance with HKAS 34[159].

Financial Performance - Hanhua Financial reported unaudited interim financial results for the six months ending June 30, 2024, prepared in accordance with Hong Kong Financial Reporting Standards[8]. - The financial data is expressed in RMB million, highlighting the company's consolidated performance[9]. - The interim report will be distributed to shareholders and published on the Hong Kong Stock Exchange and the company's website[1]. - The management discussion and analysis section will provide insights into business and financial reviews, as well as future prospects[1]. - The report includes a consolidated statement of profit or loss, which is crucial for assessing the company's financial health[1]. - For the six months ended 30 June 2024, net guarantee and consulting fee income was RMB 107.6 million, accounting for 51.8% of operating income, compared to RMB 117.0 million and 44.3% in the same period of 2023[10]. - The profit before tax of the digital services segment increased by RMB 5.0 million or 26.0% to RMB 24.2 million for the first half of 2024, driven by growth in the electronic bid guarantee business[13]. - The digital finance segment recorded a profit before tax of RMB 48.0 million for the first half of 2024, a decrease of RMB 10.3 million or 17.7% from RMB 58.3 million for the same period in 2023[33]. - The Group recorded a net profit of RMB 8.0 million, representing a decrease of RMB 9.7 million or 54.8% compared to RMB 17.7 million for the same period in 2023[71]. - The profit for the period was RMB 7,995, significantly lower than RMB 17,669 in the previous year, representing a decline of approximately 54.8%[134]. - Total comprehensive income for the period was RMB 28,569, down from RMB 30,630 in 2023, reflecting a decrease of about 6.7%[135]. Business Segments - The digital services segment is focused on digital transformation, with operations divided into four segments: digital services, digital finance, capital investment and financial asset management, and others[12]. - The digital service segment will leverage AI, big data, and blockchain to improve customer experience and operational efficiency[98]. - The digital finance segment offers offline financing products and guarantee services for MSMEs and individual customers, including bond guarantees and small business lending[162]. - The reportable segment profit before taxation for digital services was RMB 24,191,000, while digital finance reported a profit of RMB 48,024,000, resulting in a total segment profit of RMB 18,528,000 after accounting for losses in other segments[167]. Financial Position - As of June 30, 2024, the outstanding guarantee balance of financing guarantee business was RMB 245.7 million, reflecting an increase of RMB 3.3 million or 1.4% from RMB 242.4 million as of December 31, 2023[20]. - The total outstanding guarantee balance was RMB 21,416.8 million, up by RMB 406.3 million or 1.9% from RMB 21,010.5 million[18]. - The balance of provisions for guarantee losses decreased to RMB 27.2 million, down by RMB 8.4 million or 23.6% from RMB 35.6 million[18]. - The balance of small business lending in the digital finance segment was RMB 3,178.5 million as of June 30, 2024, compared to RMB 2,861.2 million as of December 31, 2023[45][46]. - The total assets of Fumin Bank amounted to RMB 60,489 million, a slight increase from RMB 60,418 million as of December 31, 2023[57]. - Total liabilities decreased from RMB 5,232,313,000 to RMB 5,029,975,000, representing a decline of approximately 3.9%[137]. - Total equity attributable to shareholders increased from RMB 7,375,295,000 to RMB 7,417,643,000, an increase of about 0.57%[137]. Risk Management - The company is focusing on strategic investments and risk management to enhance its market position[4]. - The intelligent risk control system in the credit guarantee business utilizes AI and big data to improve efficiency and reduce operational risks[16]. - The provision rate for guarantee losses was 0.1% as of June 30, 2024, down from 0.2%[18]. - The default rate for the credit guarantee business decreased to 0.01% as of June 30, 2024, down from 0.04% as of December 31, 2023, representing a reduction of 0.03 percentage points[24]. Corporate Governance - The company is committed to maintaining transparency and accuracy in its financial reporting practices[1]. - The audit committee is in place to ensure compliance with financial regulations and standards[3]. - The company has complied with the Corporate Governance Code provisions for the six months ended June 30, 2024[123]. - The company has adopted the Model Code for securities transactions and confirmed full compliance during the six months ended June 30, 2024[124]. Employee Engagement and Development - The total number of employees as of June 30, 2024, was 707, all based in Mainland China and Hong Kong[90]. - The company aims to achieve a learning target of 40 learning hours per employee for the year through personalized learning programs[93]. - The company has implemented a performance appraisal system that links responsibility, performance, and salary, utilizing a color-coded card system for employee mobility assessment[94]. - The company emphasizes the importance of organizational culture and employee care, implementing various activities to enhance employee engagement[90]. Cash Flow and Financing - Cash and cash equivalents significantly dropped from RMB 575,201,000 to RMB 111,224,000, a decrease of about 80.7%[136]. - Net cash used in operating activities for the six months ended June 30, 2024, was RMB (196,631,000), compared to RMB 466,135,000 generated in the same period last year[157]. - Net cash used in financing activities was RMB 291,247,000, an increase of 110.0% from RMB 138,539,000 in the previous year[158]. - The company reported a net decrease of interest-bearing borrowings of RMB 183,080,000, compared to a decrease of RMB 66,431,000 in the previous year[158]. Shareholder Information - As of June 30, 2024, the company had a total of 4,600,000,000 shares issued[108]. - Zhang Guoxiang holds 453,185,762 domestic shares, representing approximately 13.21% of the domestic share class and 9.85% of total share capital[106]. - The company's shareholder structure includes significant holdings from Chongqing Qianbaitai Management Co., Ltd. (7.27%) and Chongqing Jiulon (6.75%) among others[114].

Financial Performance - As of the end of 2023, Hanhua Financial Holding Co., Ltd. had total assets of RMB13.16 billion and net assets of RMB7.93 billion[20]. - Operating income for 2023 was RMB 504.7 million, a decrease of 16.1% from RMB 601.5 million in 2022[1]. - Net profit for 2023 was RMB 23.8 million, down 54.5% from RMB 52.0 million in 2022[1]. - The total assets increased to RMB 13,162.4 million in 2023, up from RMB 11,483.6 million in 2022, representing a growth of 14.7%[1]. - The total liabilities rose to RMB 5,230.8 million in 2023, compared to RMB 3,514.0 million in 2022, an increase of 48.8%[1]. - The pre-tax profit margin decreased to 11.3% in 2023 from 18.2% in 2022, indicating a decline in profitability[1]. - The digital services segment's pre-tax profit fell to RMB 47.1 million in 2023, a decrease of 70.4% from RMB 159.0 million in 2022[74]. Business Operations - Fumin Bank, with total assets of RMB60.42 billion, served over 10 million customers and achieved total comprehensive income of RMB0.49 billion in 2023[24]. - Since its establishment, Hanhua Financial has recorded cumulative business turnover of over RMB300 billion, serving more than 200,000 micro, small, and medium-sized enterprises[20]. - Hanhua Guarantee has provided services to a total of 50,000 small and medium-sized enterprises[6]. - The electronic guarantee service has been implemented in 290 cities across 27 provincial-level administrative regions, achieving nationwide coverage[43]. - The electronic guarantee business has been implemented in 290 urban public resources trading centers across 27 provincial-level regions, supporting over 50,000 MSMEs[62]. Digital Transformation - The digital finance segment is focused on utilizing technologies such as AI, big data, and blockchain to enhance financial services[43]. - Hanhua Financial aims to explore new models and pathways for financial services in the digital era[49]. - The company is advancing its digital transformation strategy, targeting five key objectives including data-driven operations and standardized products[51]. - The company is committed to building a digital retail technology platform worth over RMB 10 billion[47]. - The Company has developed a new generation digital risk control decision engine to enhance the efficiency and stability of risk decision-making, ensuring the sustainability of online digital business operations[113]. Corporate Governance - The company has maintained a sound and effective internal control system, ensuring that information disclosure is true, accurate, and complete, with no violations reported during the reporting period[135]. - The board consists of three executive directors, five non-executive directors, and four independent non-executive directors as of the report date[139]. - The company is committed to high standards of corporate governance and will continue to enhance its governance level to meet shareholder and potential investor expectations[137]. - The company has established four board committees, including the audit committee, nomination and remuneration committee, strategic investment committee, and risk management committee[138]. - The company has adopted the Corporate Governance Code as set out in the Listing Rules, ensuring compliance for the year ended December 31, 2023[164]. Employee Development - The average training hours per employee were 20 hours for general staff/supervisors, 15 hours for department heads, and 9 hours for general managers or above[110][115]. - The Company has established a performance and remuneration mechanism that links responsibility, performance, and salary, promoting a pay-for-performance culture[191]. - The Company is actively promoting the implementation of RPA (Robotic Process Automation) for payroll accounting and personal tax filing[192]. - The Company has established a triangular protection system for employee health care, including social insurance and commercial insurance[191]. Market Position - Fu'an Asset holds over 30% market share in the non-performing personal loan business among local asset management companies[46]. - The total assets of Hanhua Financial exceeded RMB 60 billion, indicating significant improvement in overall strength[48]. - Fumin Bank's total assets exceeded RMB 60 billion, indicating significant enhancement in its comprehensive strength[66].

Financial Performance - The Group recorded net guarantee and consulting fee income of RMB255.1 million in 2023, representing a decrease of RMB82.2 million or 24.4% from RMB337.3 million in 2022, primarily due to a decline in net guarantee income from the electronic bid guarantee business[7]. - The total net guarantee and consulting fee income for the Group was RMB252.0 million as of December 31, 2023, down from RMB333.4 million in 2022[9]. - Operating income for 2023 was RMB 504.7 million, a decline from RMB 601.5 million in 2022[87]. - The Group's net profit for 2023 was RMB 23.8 million, compared to RMB 52.0 million in 2022, reflecting a significant decrease[87]. - The digital services segment achieved a pre-tax profit of RMB 47.1 million in 2023, down 70.4% from RMB 159.0 million in 2022, primarily due to adjustments in electronic guarantee product fees[83]. - The profit before tax of the capital investment and financial asset management segment was RMB 21.2 million in 2023, a decrease of RMB 14.6 million or 40.8% from RMB 35.8 million in 2022, primarily due to a decrease in share of profits of associates[169]. - The other segment reported a pre-tax loss of RMB166.1 million in 2023, an improvement from a pre-tax loss of RMB225.5 million in 2022, reflecting a decrease of RMB59.4 million or 26.3%[198]. Asset and Loan Balances - As of December 31, 2023, Hanhua Financial had total assets of RMB13.16 billion and net assets of RMB7.93 billion[34]. - The balance of micro and small loans was RMB 252.0 million, a decrease of 24.4% from RMB 333.4 million in 2022[93]. - The balance of overdue micro and small loans as of December 31, 2023, was RMB136.9 million, accounting for 54.3% of the total micro and small loans, compared to RMB217.5 million or 65.2% in 2022[9]. - The balance of impaired micro and small loans was calculated based on the ECL model in accordance with HKFRS 9[5]. - The balance of small business lending increased to RMB 2,861.2 million as of December 31, 2023, up by RMB 944.5 million or 49.3% from RMB 1,916.7 million in 2022[156]. - The outstanding balance of accounts receivable factoring business was RMB 621.4 million, an increase of RMB 185.7 million or 42.6% compared to RMB 435.7 million as of December 31, 2022[167]. Impairment and Provisions - As of December 31, 2023, the provision for impairment loss of micro and small loans amounted to RMB57.1 million, a decrease of RMB11.6 million or 16.9% compared to RMB68.7 million as of December 31, 2022[5]. - The provision for impairment loss of small business lending amounted to RMB 167.3 million as of December 31, 2023, compared to RMB 125.6 million in 2022, reflecting an increase of RMB 41.7 million or 33.2%[162]. - The provision rate increased to 22.7% in 2023, up 2.1 percentage points from 20.6% in 2022[93]. - The balance of provisions for guarantee losses was RMB 35.6 million as of December 31, 2023, an increase of RMB 4.6 million or 14.8% from RMB 31.0 million in 2022[132]. Business Operations and Strategy - The Group actively adjusted the fee rates of electronic bid guarantee products to enhance competitiveness and consolidate its leading market position[7]. - The Group's strategy includes responding to policy requirements aimed at lowering tendering and bidding transaction costs[7]. - The company aims to explore new models for financial services to support the real economy in the digital era[99]. - The digital services segment aims to enhance competitiveness through digital transformation, focusing on data-driven operations and integrated financial services for SMEs[129]. - The company continues to leverage advanced technologies such as AI and big data to optimize financial services for supply chain enterprises, particularly SMEs[131]. Market Position and Customer Base - The accumulated guarantee balance of Hanhua Guarantee exceeded RMB100 billion, serving a total of 50,000 small and medium-sized enterprises (SMEs) as of the end of 2023[20]. - The company has provided services to over 200,000 micro, small, and medium-sized enterprises (MSMEs) and more than 2 million individual customers since its establishment[34]. - Fumin Bank, in which Hanhua Financial holds a 30% stake, reported total assets of RMB60.42 billion and served over 10 million customers by the end of 2023[38]. - Hanhua Financial's cumulative business turnover has exceeded RMB300 billion since its inception[34]. Financial Ratios and Margins - The pre-tax profit margin decreased to 11.3% in 2023 from 18.2% in 2022[87]. - The net profit margin fell to 4.7% in 2023, down from 8.6% in 2022[87]. - The average interest rate for small business lending in 2023 was approximately 9.3%, slightly down from 9.4% in 2022[156]. - The average interest and handling fee rate for the Group's micro and small loan business was approximately 11.4% in 2023, down from approximately 12.5% in 2022[200].

Financial Performance - The total comprehensive income for the six months ended June 30, 2022, was RMB 23,877 million, compared to RMB 28,292 million for the same period in the previous year[2]. - For the six months ended June 30, 2023, net profit was RMB 17.7 million, a decrease of 37.5% from RMB 28.3 million in the same period of 2022[29]. - The Group recorded a net profit of RMB 17.7 million for the first half of 2023, a decrease of RMB 10.6 million or 37.5% compared to RMB 28.3 million in the same period of 2022[193]. - The Group's operating expenses for the first half of 2023 were RMB 214.4 million, a decrease of RMB 41.7 million or 16.3% from RMB 256.1 million in the same period of 2022, due to cost optimization measures[168]. - The Group's other operating income, net amounted to RMB 30.9 million, an increase of RMB 13.8 million or 80.7% compared to RMB 17.1 million in the same period of 2022, mainly due to increased gains from the disposal of long-term equity investments[162]. Guarantee and Consulting Services - As of June 30, 2023, the total outstanding guarantee balance reached RMB 17,275.1 million, reflecting a 1.9% increase from RMB 16,955.3 million as of December 31, 2022[19]. - The non-financing guarantee segment reported an outstanding balance of RMB 17,127.7 million, up by 1.6% from RMB 16,857.1 million[19]. - Net guarantee and consulting fee income was RMB 117.0 million, accounting for 44.3% of operating income, down from RMB 143.4 million (55.6%) in 2022[29]. - The Group recorded a net trading gain of RMB 40.7 million in the first half of 2023, compared to a net trading gain of RMB 0.3 million in the same period of 2022, primarily from gains on the disposal of financial assets[187]. - The Group reversed the provision for guarantee losses of RMB 2.4 million in the first half of 2023, compared to a provision of RMB 147.0 million in the same period of 2022, reflecting a prudent assessment of the current risk profile[163]. Digital Services and Transformation - The digital services segment utilizes advanced technologies such as AI, big data, and blockchain to enhance operational efficiency and reduce risks in credit guarantee services[16]. - The Group is focusing on digital transformation to enhance operating efficiency and reduce marginal costs, shifting from a multi-license approach to core business focus[32]. - The digital services segment reported a profit before tax of RMB 19.2 million, a decrease of RMB 87.9 million or 82.1% compared to RMB 107.1 million in the same period of 2022[37]. - The digital finance segment achieved a pre-tax profit of RMB 58.3 million in the first half of 2023, up 28.4% from RMB 45.4 million in the same period of 2022[84]. - The digital services segment has implemented electronic guarantee products in 279 urban public resources trading centers across 27 provinces[106]. Risk Management - The company has established a sound system for risk warning, risk control, and risk mitigation, further improved through digital technology[79]. - The default rate for the credit guarantee business of the digital services segment was 0.04%, a slight improvement from 0.05% in the previous year[78]. - The default rate for the digital finance segment's credit guarantee business was 0.4% as of June 30, 2023, down from 0.6% in the same period of 2022[137]. - The provision rate for the credit guarantee business was 0.8% as of June 30, 2023, an increase from 0.6% as of December 31, 2022[138]. - The company has focused its capital investment and financial asset management on four key areas: healthcare, high-end manufacturing, energy conservation, and enterprise services[51]. Capital and Investments - The company completed the sale of 100% equity interest in Sichuan Hanhua Micro-credit for a total consideration of RMB 800,022,227.32 on May 31, 2023[62]. - The company reported no material contingent liabilities as of June 30, 2023, aside from off-balance sheet arrangements[62]. - The company aims to enhance operational efficiency and reduce costs by integrating various functions, particularly in mid-and-back offices[155]. - The Group's capital structure includes RMB 4,600.0 million in equity, consisting of 3,430,000,000 domestic shares and 1,170,000,000 H shares[197]. - The company aims to provide integrated financial services tailored for supply chain enterprises, particularly targeting MSMEs[16].