Financial Performance - For the first half of 2023, the operating income was RMB 178,465 million, a decrease of 0.34% compared to RMB 179,077 million in the same period of 2022[16]. - The pre-tax profit increased by 8.68% to RMB 90,884 million from RMB 83,624 million year-on-year[16]. - The net profit attributable to shareholders was RMB 75,752 million, reflecting a growth of 9.12% compared to RMB 69,420 million in the previous year[16]. - The group achieved a net operating income of CNY 178.465 billion, a decrease of 0.34% year-on-year[20]. - The net profit attributable to shareholders was CNY 75.752 billion, an increase of 9.12% year-on-year[20]. - The group achieved a pre-tax profit of RMB 90.884 billion, an increase of 8.68% year-on-year, with an effective tax rate of 15.90%, down by 0.39 percentage points[44]. - Net profit for the period was RMB 76.44 billion, up 9.18% from RMB 70.00 billion in the same period last year[64]. Assets and Liabilities - The total assets as of June 30, 2023, reached RMB 10,739,836 million, an increase of 5.93% from RMB 10,138,912 million at the end of 2022[16]. - The total liabilities of the group reached RMB 9,753.923 billion, an increase of 6.20% compared to the end of the previous year, primarily due to steady growth in customer deposits[90]. - The total amount of investment securities and other financial assets was RMB 3.017 billion as of June 2023, up from RMB 2.787 billion in December 2022[83]. - The total amount of bonds issued by the company was RMB 50,506 million, with a total issuance during the period of RMB 6,153 million[161]. Customer Deposits and Loans - Customer deposits totaled RMB 8,030,232 million, representing a growth of 6.56% from RMB 7,535,742 million at the end of 2022[16]. - The total loans and advances amounted to RMB 6,355,439 million, up by 5.02% from RMB 6,051,459 million at the end of 2022[16]. - The average balance of customer deposits was RMB 7,828.799 billion, with interest expenses of RMB 62.455 billion, resulting in a cost rate of 1.61%[50]. - The amount of trade financing transactions reached RMB 5,846.47 billion, reflecting a year-on-year growth of 56.17%[158]. Income and Expenses - Net interest income reached CNY 108.996 billion, growing by 1.21% year-on-year[20]. - Non-interest net income was CNY 69.469 billion, a decrease of 2.68% year-on-year[20]. - The cost-to-income ratio increased to 29.07%, up by 1.31 percentage points year-on-year[39]. - Total operating expenses increased by 4.44% year-on-year to RMB 56.372 billion, with employee expenses rising by 4.99% to RMB 35.968 billion[78]. Risk Management - The company aims to enhance its risk management capabilities and maintain asset quality stability by focusing on key sectors and implementing differentiated management strategies[185]. - The company has implemented a comprehensive risk management system for large exposure, ensuring compliance with regulatory requirements for non-industry single and group clients[189]. - The company employs various indicators to manage interest rate risk, including Value at Risk (VaR) with a confidence level of 99% and a holding period of 10 days, covering all interest rate risk factors[192]. - Regular measurement and analysis of foreign exchange risk exposure are conducted, with adjustments made based on exchange rate trends to mitigate risks[197]. Digital Transformation and Technology - The company continues to invest in digital transformation and technology infrastructure to support its operations[78]. - The cumulative user count of the China Merchants Bank App reached 197 million, with a peak daily active user count of 19.58 million and a monthly active user count of 71.30 million[127]. - The company’s financial technology capabilities have been enhanced, leading to improved risk management and investment decision-making processes[121]. Branch Performance - The Hong Kong branch achieved a net operating income of 1.92 billion HKD during the reporting period[133]. - The New York branch reported a net operating income of 45.90 million USD, focusing on cross-border financial services between China and the U.S.[134]. - The Singapore branch generated a net operating income of 11.46 million USD, emphasizing cross-border finance and wealth management services[135]. Support for SMEs - The company has supported 23,783 small and medium-sized enterprises with financing, with a cumulative loan amount of RMB 313.198 billion[163]. - The company has implemented 261 "one-stop service" projects, extending services to 28,271 small and medium-sized enterprises[163].

A 股简称：招商银行 A 股代码：600036 公告编号：2023-048 招商银行股份有限公司 第十二届董事会第二十三次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 招商银行股份有限公司（简称本公司或招商银行）于2023年8月11日以电子 邮件方式发出第十二届董事会第二十三次会议通知，于8月25日在深圳培训中心 召开会议。会议由缪建民董事长主持，应参会董事15名，实际参会董事13名，胡 建华非执行董事和洪小源非执行董事因个人原因未出席，委托张健非执行董事代 为出席会议。本公司7名监事列席了会议。会议的召开符合《中华人民共和国公 司法》和《招商银行股份有限公司章程》等有关规定。 会议审议通过了以下议案： 一、审议通过了《2023年中期行长工作报告》。 同意：15票 反对：0票 弃权：0票 二、审议通过了2023年半年度报告全文及摘要。 同意：15票 反对：0票 弃权：0票 本公司 2023 年 半 年 度 报 告 全 文 及 摘 要 详 见 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）、 ...

A 股简称:招商银行 A 股代码:600036 公告编号:2023-049 招商银行股份有限公司（简称本公司）于 2023 年 8 月 11 日以电子邮件方式 发出第十二届监事会第十七次会议通知，于 8 月 25 日在深圳培训中心召开会议。 经全体监事一致推举，由杨盛监事主持会议。会议应参会监事 9 名，实际参会监 事 8 名，彭碧宏股东监事因其他公务未出席，委托罗胜股东监事代为出席，总有 效表决票为 9 票。会议的召开符合《中华人民共和国公司法》和《招商银行股份 有限公司章程》等有关规定。 会议审议通过了以下议案： 一、审议通过了《2023 年中期行长工作报告》。 招商银行股份有限公司 第十二届监事会第十七次会议决议公告 同意：9 票 反对：0 票 弃权：0 票 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 3．截至本意见出具前，未发现参与 2023 年半年度报告编制和审议的人员有 违反保密规定的行为。 同意：9 票 反对：0 票 弃权：0 票 三、审议通过了《2023 年上半年全面风险报告》。 同意：9 票 反对：0 票 ...

A 股简称:招商银行 A 股代码:600036 公告编号:2023-044 招商银行股份有限公司 关于执行董事任职资格核准的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 招商银行股份有限公司（简称本公司或招商银行）收到《国家金 融监督管理总局关于招商银行朱江涛任职资格的批复》（金复〔2023〕 205号）。根据该批复，朱江涛先生担任招商银行董事的任职资格已 获得核准。 朱江涛先生担任本公司执行董事的任期自核准日2023年8月17日 起生效，至本公司第十二届董事会届满之日止。朱江涛先生的简历请 参见刊登在上海证券交易所网站（www.sse.com.cn）和本公司网站 （www.cmbchina.com）的日期为2023年5月31日的本公司第十二届董 事会第十八次会议决议公告。 特此公告。 招商银行股份有限公司董事会 2023年8月22日 ...

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的內容概不負責，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。 於本公告日期，本公司的執行董事為王良；本公司的非執行董事為繆建民、胡建 華、孫雲飛、周松、洪小源、張健及陳冬；及本公司的獨立非執行董事為王仕 雄、李孟剛、劉俏、田宏啟、李朝鮮及史永東。 招商銀行股份有限公司（「本公司」）董事會（「董事會」）茲通告謹定於2023年8月25 日（星期五）舉行董事會會議，藉以（其中包括）審議及批准刊發本公司截至2023 年6月30日止的六個月的中期業績公告，及考慮派發中期股息（如有）之建議。 招商銀行股份有限公司董事會 招商銀行股份有限公司 CHINA MERCHANTS BANK CO., LTD. 2023年8月15日 （於中華人民共和國註冊成立的股份有限公司） （H股股票代碼：03968） 董事會會議召開日期 ...

Financial Performance - Net profit attributable to shareholders for the reporting period is not specified, but the equity attributable to shareholders increased to RMB 981,087 million, up 3.76% from the previous year[5] - In Q1 2023, the company achieved operating income of RMB 90.636 billion, a decrease of 1.47% year-on-year[27] - The net profit attributable to shareholders was RMB 38.839 billion, an increase of 7.82% year-on-year[27] - The net profit for Q1 2023 was RMB 39.23 billion, compared to RMB 36.31 billion in Q1 2022, reflecting a year-on-year increase[110] - The company reported a total operating income of RMB 90.636 billion for Q1 2023, slightly down from RMB 91.990 billion in Q1 2022[133] Assets and Liabilities - Total assets as of March 31, 2023, reached RMB 10,508,752 million, an increase of 3.65% compared to the end of 2022[5] - The total liabilities increased to CNY 9,518.99 billion, up by 3.64% from the previous year[54] - Customer deposits totaled RMB 7,771.878 billion, an increase of 3.13% from the end of the previous year, accounting for 81.65% of total liabilities[44] - The total assets of the group amounted to RMB 10,508.752 billion, an increase of 3.65% from the end of the previous year[43] - The total liabilities as of March 31, 2023, amounted to RMB 9,518.99 billion, an increase from RMB 9,184.67 billion at the end of the previous year[103] Capital and Equity - The company maintains a strong capital position with a focus on sustainable growth and risk management strategies[4] - The total equity attributable to shareholders reached RMB 981.09 billion, up from RMB 945.50 billion at the end of the previous year[103] - The company’s capital adequacy ratio, tier 1 capital ratio, and core tier 1 capital ratio were all above regulatory requirements, ensuring compliance with capital management standards[77] - The Group's capital adequacy ratio was 17.39%, down 0.38 percentage points from the end of 2022[96] - The Group's Tier 1 capital adequacy ratio was 15.34%, down 0.41 percentage points from the end of 2022[96] Risk Management - The company’s focus on risk management includes monitoring key sectors such as real estate and local government credit, with targeted control measures in place[77] - The company reported a credit impairment loss of CNY 16.42 billion, a decrease of 23.70% year-on-year[59] - The non-performing loan balance was RMB 60.302 billion, with a non-performing loan ratio of 0.95%, a decrease of 0.01 percentage points from the end of the previous year[37] - The company’s overdue loan balance was RMB 72.05 billion, with an overdue loan ratio of 1.21%[73] - The loan loss provision balance reached RMB 262.03 billion, an increase of RMB 8.61 billion from the previous year, with a provision coverage ratio of 463.19%[76] Customer and Market Insights - The total number of shareholders holding ordinary shares is significant, with the largest shareholder, Hong Kong Central Clearing (Agent), holding 4,553,855,048 shares, accounting for 18.06% of total share capital[10] - The number of high-net-worth clients (with average total assets of RMB 500,000 or more) increased by 4.49% year-on-year to 4.3296 million[83] - As of the end of the reporting period, the number of retail customers reached 187 million, an increase of 1.63% compared to the end of the previous year[100] - The total assets under management (AUM) for retail customers amounted to RMB 12,535.43 billion, an increase of RMB 412.42 billion, representing a growth of 3.40%[100] - The total assets under management for private banking clients amounted to RMB 3,886.403 billion, reflecting a growth of 2.48% year-over-year[124] Income Sources - The net interest income reached RMB 55.409 billion, growing by 1.74% year-on-year, accounting for 61.13% of total operating income[38] - Non-interest income was RMB 35.227 billion, down 6.13% year-on-year, primarily due to a decrease in fee and commission income[40] - Wealth management fees and commission income decreased by 13.25% year-on-year to CNY 9.11 billion, influenced by low client investment sentiment[58] - The net interest margin for the period was 2.18%[56] - The cash inflow from interest, fees, and commissions was 95,546 million RMB in Q1 2023, slightly lower than 98,047 million RMB in Q1 2022[138] Cash Flow and Liquidity - The net cash flow from financing activities for Q1 2023 was RMB 43.94 billion, a significant improvement compared to a net outflow of RMB 64.77 billion in Q1 2022[118] - The liquidity coverage ratio for Q1 2023 averaged 168.17%, an increase of 3.25 percentage points from the previous quarter, and the end-of-period liquidity coverage ratio was 161.68%[122] - The total cash inflow from operating activities was 473,022 million RMB in Q1 2023, down from 509,036 million RMB in Q1 2022[138] - The total cash and cash equivalents at the end of Q1 2023 were 468,573 million RMB, down from 500,771 million RMB at the end of Q1 2022[143] - The net cash flow from investment activities was -91,875 million RMB in Q1 2023, an improvement from -163,390 million RMB in Q1 2022[138]

Loan and Asset Quality - As of the end of the reporting period, the total loan and advance balance was RMB 5,720,708 million, with a non-performing loan balance of RMB 54,214 million, resulting in a non-performing loan ratio of 0.95%[13] - The non-performing loan balance for retail loans was RMB 28,009 million, with a non-performing loan ratio of 0.90%[13] - The company reported a total of RMB 2,097,114 million in loans, with a non-performing loan balance of RMB 26,205 million, resulting in a non-performing loan ratio of 1.25%[13] - The company’s credit card loans amounted to RMB 884,394 million, with a non-performing loan balance of RMB 15,648 million, leading to a non-performing loan ratio of 1.77%[13] - The company’s consumer loans totaled RMB 202,225 million, with a non-performing loan balance of RMB 2,191 million, resulting in a non-performing loan ratio of 1.08%[13] - The non-performing loan balance was RMB 60.302 billion, an increase of RMB 2.298 billion compared to the end of the previous year, with a non-performing loan ratio of 0.95%, down 0.01 percentage points[40] - The retail loan segment accounted for 53.32% of the total loan balance, with a non-performing loan balance of RMB 28.28 billion and an NPL ratio of 0.89%[65] - The company's loan loss provision balance was RMB 262.03 billion, an increase of RMB 8.61 billion compared to the end of the previous year, with a provision coverage ratio of 463.19%[68] - The company generated new non-performing loans of RMB 16,023 million in the first quarter of 2023, a year-on-year increase of RMB 587 million, with a non-performing loan generation rate of 1.09%, down 0.07 percentage points year-on-year[115] Financial Performance - The net profit attributable to shareholders was RMB 38.839 billion, a year-on-year increase of 7.82%[44] - For Q1 2023, the group achieved a net operating income of RMB 90.625 billion, a year-on-year decrease of 1.49%[77] - The total net profit for Q1 2023 was CNY 39.226 billion, compared to CNY 36.309 billion in Q1 2022, representing an increase[106] - The bank's pre-tax profit for Q1 2023 was RMB 46,881 million, an increase of 5.7% compared to RMB 44,367 million in Q1 2022[128] - The total operating income decreased to RMB 89,832 million in Q1 2023, down 1.9% from RMB 91,415 million in Q1 2022[124] - Net interest income for Q1 2023 was RMB 55,409 million, a slight increase of 1.7% compared to RMB 54,464 million in Q1 2022[124] - The group achieved non-interest income of RMB 35.216 billion in Q1 2023, a year-on-year decrease of 6.18%, accounting for 38.86% of total operating income[43] - Net fee and commission income was RMB 25.079 billion, down 12.60% year-on-year, while other non-interest income increased by 14.67% to RMB 10.137 billion, mainly due to increased bond and fund investment income[43] Capital Adequacy and Structure - The core Tier 1 capital adequacy ratio under the advanced approach was 13.41%, while the total capital adequacy ratio was 17.39%, reflecting a decrease due to accelerated asset scale investment in Q1 2023[17] - The core tier 1 capital net amount was CNY 735.333 billion, an increase of 4.89% from CNY 701.033 billion at the end of the previous year[100] - The tier 1 capital adequacy ratio was 15.03%, a decrease of 0.39 percentage points from 15.42% at the end of the previous year[100] - The company's leverage ratio at the end of 2022 was 7.95%, indicating a stable capital structure[18] - The company's core tier 1 capital adequacy ratio was 12.98%, tier 1 capital adequacy ratio was 15.03%, and total capital adequacy ratio was 17.15% as of the end of the reporting period[119] Customer Deposits and Assets - Customer deposits increased to RMB 7,832,912 million, compared to RMB 7,590,579 million at the end of 2022[26] - Customer deposits totaled RMB 7,771.878 billion, reflecting a year-on-year growth of 3.13%[51] - The total assets and equity of the bank reached RMB 10,508,752 million, up from RMB 10,138,912 million at the end of 2022[26] - Total assets reached RMB 10,508.752 billion as of March 31, 2023, an increase of 3.65% from the end of the previous year[44] - The total assets of the group reached RMB 12,013.88 billion, reflecting a growth of 3.84% compared to the end of the previous year[70] Operating Expenses and Efficiency - Operating expenses increased by 4.65% year-on-year to RMB 27.323 billion, with employee expenses rising by 2.92%[54] - The cost-to-income ratio was 27.59%, an increase of 1.49 percentage points year-on-year[54] - The return on average total assets (ROAA) was 1.50%, a decrease of 0.04 percentage points year-on-year[77] - The average return on equity (ROAE) was 18.43%, down by 0.81 percentage points compared to the previous year[77] - The weighted average return on equity for ordinary shareholders was 18.43%, down 0.81 percentage points from the previous year[44] Risk Management and Strategy - The bank's strategy focuses on balanced development in quality, efficiency, and scale, with steady growth in asset size and net profit[39] - The company aims to strengthen risk management in the real estate sector by closely monitoring market dynamics and differentiating risks between project subsidiaries and the holding company[62] - The company will enhance risk monitoring in key areas such as real estate and large group clients, and implement targeted control measures[97] - The company aims to maintain overall asset quality stability while increasing the efficiency of non-performing asset disposal[97] - The company plans to continue supporting rigid and improved housing demand while enhancing financial support for housing rentals[62] - The company will focus on selecting residential projects with self-repayment capabilities and commercial sustainability to maintain stable real estate financing[62]

Capital Adequacy and Financial Ratios - As of December 31, 2022, the core tier 1 capital ratio was 13.68%, up 1.02 percentage points from the previous year[4] - The bank's total capital adequacy ratio stood at 17.77%, an increase of 0.29 percentage points from the previous year[4] - The bank's leverage ratio was 7.95%, a slight decrease of 0.05 percentage points compared to the previous year[4] - The non-performing loan ratio remained stable at 0.96%, with a provision coverage ratio of 450.79%, indicating strong risk compensation capabilities[158] - The average return on equity (ROAE) for the bank reached 17.06%, with a non-performing loan ratio maintained below 1% and a provision coverage ratio of 450.79%[179] Profit and Revenue Growth - The net profit before tax for retail banking was RMB 94.18 billion, an increase from RMB 77.71 billion in 2021, representing a growth of 21.14%[9] - Operating net income for 2022 was CNY 344.74 billion, a year-on-year increase of 4.02%, while net profit attributable to shareholders rose by 15.08% to CNY 138.01 billion[158] - Retail financial business pre-tax profit reached CNY 92.706 billion, a year-on-year increase of 20.48%[36] - Wholesale financial business pre-tax profit was CNY 62.394 billion, a year-on-year increase of 1.70%[44] Asset Management and Loans - The total assets under management for wealth management services reached RMB 7.7 trillion, a year-on-year increase of 24.78%[13] - The total amount of retail microloans reached CNY 629.628 billion, a year-on-year increase of 12.32%, accounting for 11.01% of total loans and advances, up 0.34 percentage points from the previous year[30] - The total amount of corporate loans reached CNY 2.097114 trillion, an increase of 11.42% year-over-year, with a non-performing loan ratio of 1.25%, down 0.06 percentage points[73] - The balance of loans to large enterprises reached CNY 931.503 billion, up 13.46% year-on-year, with a non-performing loan ratio of 0.90%, down 0.24 percentage points[49] Risk Management and Provisions - As of the reporting period, the company's loan loss provision balance was CNY 253.413 billion, an increase of CNY 14.228 billion from the previous year, with a provision coverage ratio of 467.43%, down 23.23 percentage points year-on-year[23] - The bank has established a "six-full" risk management system to enhance its ability to manage cyclical risks effectively[152] - The bank's total provisions for bad debts increased to RMB 45.157 billion in 2022, compared to RMB 37.020 billion in 2021[136] Customer Growth and Engagement - The number of retail customers reached 184 million, an increase of 6.36% compared to the end of the previous year[37] - The company achieved a year-on-year increase of 5.80% in cross-border business clients, reaching a total of 78,877 clients by the end of the reporting period[47] - The "掌上生活" app accumulated 137 million users, with a peak daily active user count of 6.72 million during the reporting period[115] Digital Transformation and Technology - Continuous investment in financial technology is prioritized to support business transformation and improve operational efficiency[156] - The bank's digital transformation efforts included the successful migration to cloud services, enhancing operational efficiency and customer service capabilities[180] - The company has implemented a digital RMB service across multiple channels, enhancing customer service capabilities since its launch on January 4, 2022[98] Wealth Management and Financial Services - The company plans to enhance its wealth management services and digital transformation to improve customer experience and operational efficiency[40] - The company has established over 110 product series to meet diverse customer needs, including the launch of "Riri Bao" in collaboration with China Merchants Bank[85] - The bank's wealth management capabilities improved, managing retail customer AUM of 12.1 trillion yuan, with over 43 million clients holding wealth management products[187] Corporate Strategy and Future Outlook - The bank aims to maximize comprehensive value for customers, employees, shareholders, partners, and society by focusing on retail banking, corporate finance, investment banking, and wealth management[166] - The bank plans to strengthen its existing advantages while developing new growth areas to achieve high-quality development[166] - The company aims to enhance management levels and maintain a dynamic balance of "quality, efficiency, and scale" for long-term stable returns to investors[193]

Financial Performance - Operating income for 2022 was RMB 344,783 million, an increase of 4.08% compared to RMB 331,253 million in 2021[74]. - Net profit reached RMB 139,294 million, reflecting a 15.28% increase from RMB 120,834 million in the previous year[74]. - The net cash flow from operating activities surged to RMB 570,143 million, a remarkable increase of 213.18% from RMB 182,048 million in 2021[74]. - Basic earnings per share rose to RMB 5.26, up 14.10% from RMB 4.61 in 2021[74]. - The average return on total assets for shareholders increased to 1.42%, up by 0.06 percentage points from 1.36% in 2021[74]. - The average return on equity for ordinary shareholders was 17.06%, an increase of 0.10 percentage points compared to 16.96% in 2021[74]. - The liquidity indicators met regulatory requirements, with a statutory deposit reserve ratio of 7.5% for RMB and 6% for foreign exchange[75]. Loan and Deposit Growth - As of the end of the reporting period, the company's retail loan total was CNY 31,097.37 billion, an increase of 5.74% year-on-year, accounting for 54.36% of total loans, a decrease of 1.64 percentage points from the previous year[7]. - The company's customer deposit balance reached CNY 4,318.69 billion, an increase of 9.49% compared to the end of the previous year[11]. - The average daily balance of customer deposits was CNY 4,259.20 billion, up 13.10% year-on-year, with a current account proportion of 60.55%, down 1.74 percentage points[11]. - In 2023, the company plans to increase loans and advances by approximately 10% and customer deposits by around 11%, maintaining a stable growth trend in deposits and loans[79]. Asset Quality and Risk Management - The company's asset quality remained stable despite challenges from economic slowdown and real estate market adjustments, with ongoing enhancements to risk management capabilities[8]. - The company's non-performing loan ratio for real estate was 3.99%, an increase of 2.60 percentage points year-on-year[3]. - The company's retail non-performing loans (excluding credit cards) amounted to CNY 123.61 billion, with a non-performing loan ratio of 0.56%, up 0.07 percentage points year-on-year[8]. - The company will continue to enhance its risk management framework and improve the monitoring of loan quality throughout the entire lifecycle of clients[8]. - The company emphasized a comprehensive risk management framework to enhance risk management capabilities in a complex economic environment[41]. Green Finance and Sustainability - The company is committed to developing green financial services to support national carbon peak and neutrality targets[158]. - In 2022, the company issued a total of 165 billion yuan in green bonds domestically and 4 billion USD in green bonds internationally, ranking first among national small and medium-sized banks in green debt financing tools underwriting[85]. - The company's green loan balance reached CNY 355.36 billion, an increase of CNY 91.52 billion, or 34.69%, compared to the previous year[113]. - The company issued carbon reduction loans totaling CNY 18.72 billion to 181 projects, with a weighted average interest rate of 3.58%, resulting in an annual carbon reduction of 3.64 million tons of CO2 equivalent[113]. - The company’s investment in green bonds reached CNY 28.06 billion, contributing to its commitment to ESG principles[114]. Digital Transformation and Innovation - The company is actively involved in digital transformation, with Zhang Jian serving as the Chief Digital Officer, indicating a focus on technological advancement[178]. - The company emphasizes innovation-driven development through digital transformation and enhancing financial technology capabilities to empower customer service[79]. - The company has launched innovative products and services widely accepted in the market, including multi-functional debit and credit cards, wealth management services, and online banking solutions[106]. - The company reported a significant increase in user engagement, with a year-over-year growth of 25% in active users[181]. - The company plans to enhance its digital marketing efforts, aiming for a 40% increase in online sales by the end of the fiscal year[184]. Governance and Leadership - The company’s governance structure has seen changes with the appointment of new directors and the resignation of others, reflecting ongoing adjustments in leadership[143]. - The company has a diverse board with members holding various significant positions in other financial institutions, enhancing its governance structure[177]. - The company’s chairman, Miao Jianmin, has extensive experience in the insurance and financial sectors, previously holding key positions in major insurance companies[177]. - The company has appointed independent non-executive directors with extensive experience in finance and management, enhancing governance[180]. - The board has approved a dividend increase of 5% per share, reflecting strong financial performance and commitment to shareholder returns[183]. Customer Service and Community Engagement - The company conducted 76,464 consumer rights protection reviews, achieving a coverage rate of 100% for products and services, with a review opinion acceptance rate of 98%[98]. - The "Elderly Exclusive Line" service assisted 49,000 elderly customers with a satisfaction rate of 97.84%[124]. - The company invested 50.90 million yuan in direct assistance projects in Yunnan's Wuding and Yongren counties, focusing on education, healthcare, and living conditions[129]. - The company has established 48 assistance projects to support rural revitalization efforts[129]. - The company has provided financial services to 197 employees' family members facing difficulties due to illness, with a total assistance amount of CNY 1.1531 million[102].

Retail Customer Base and Wealth Management - Retail customer base reached 184 million, with retail business revenue accounting for 55.52% of total revenue[1] - Total assets under management (AUM) for retail customers reached 12.1 trillion yuan, with over 43 million clients holding wealth management products[1] - The company’s wealth management product holding customer count reached 43.1293 million, a year-on-year increase of 14.14%, while the retail wealth management product balance grew by 4.48% to CNY 31,384.36 billion[178] - The number of private banking clients exceeded 130,000, with total assets under management reaching 3.79 trillion yuan, an increase of 11.74%[94] - The wealth management platform "Zhaocaihao" attracted 19.73 million followers and served over 413 million customer interactions during the reporting period[119] - The company introduced products from 10 peer wealth management subsidiaries and 139 quality asset management institutions to enhance service offerings[119] Financial Performance - The group achieved net interest income of RMB 218.24 billion in 2022, an increase of 14.3% compared to RMB 203.92 billion in 2021[22] - The group reported a pre-tax profit of RMB 165.11 billion, up 11.4% from RMB 148.17 billion in the previous year[22] - The net profit attributable to shareholders was RMB 138.01 billion, an increase of 15.1% from RMB 119.92 billion in 2021[22] - Non-interest income for the group was 126.505 billion yuan, a year-on-year decrease of 0.77%, accounting for 36.70% of total operating income, down 1.77 percentage points year-on-year[128] - The group's wealth management income was 49.151 billion yuan, a year-on-year decrease of 6.10%[128] Loan and Asset Quality - Non-performing loans totaled 58.004 billion yuan, with a non-performing loan ratio of 0.96%, an increase of 0.05 percentage points from the previous year[21] - The non-performing loan (NPL) balance for retail loans was RMB 28.04 billion, an increase of RMB 3.91 billion, resulting in an NPL ratio of 0.89%, up 0.08 percentage points from the previous year[57] - The company’s total loans and advances amounted to RMB 6,051,459 million, with a non-performing loan amount of RMB 58,004 million, leading to a non-performing loan ratio of 0.96%[60] - The overall non-performing loan (NPL) rate for retail loans was 0.90%, with a focus loan rate of 1.42% and an overdue loan rate of 1.50%[138] - The company reported a consumer credit non-performing loan amount of CNY 17.839 billion, with a non-performing loan rate of 1.64%[141] Digital Transformation and Innovation - The company invested 14.168 billion yuan in information technology, a year-on-year increase of 6.60%, accounting for 4.51% of operating net income[98] - The technology platform has 4,655 shared components, and over 6,500 applications have been released through the low-code development system by the end of the reporting period[124] - The online service rate for customer base reached 95.65%, with financing business online rate increasing from 67.26% to 82.14%[99] - The monthly active users (MAU) of the招商銀行App and掌上生活App reached 111 million, with 24.39 million customers purchasing "朝朝寶," resulting in a total holding amount of 205.568 billion yuan[122] Risk Management and Regulatory Compliance - The company emphasizes a risk management system covering all customers, assets, risks, institutions, processes, and elements to enhance risk control capabilities[125] - The company continues to meet additional regulatory requirements, maintaining high levels of capital adequacy and liquidity[147] - The core Tier 1 capital adequacy ratio was 13.68%, up 1.02 percentage points from the previous year[66] - The total capital adequacy ratio was 17.77%, an increase of 0.29 percentage points compared to the previous year[66] Strategic Focus and Future Plans - The company aims to enhance capabilities in wealth management, fintech, and risk management to drive sustainable development[1] - The company plans to focus on green finance, inclusive finance, and technology finance to enhance asset quality and meet diverse investor needs[107] - The company aims to maintain stable growth in retail loans in 2023, with an expected increase in growth rate compared to 2022[135] - The company will focus on green economy, manufacturing, inclusive finance, and technology finance for credit investment in 2023[135]