Core Viewpoint - Harbin Bank reported a net profit of 915 million yuan for the first half of 2025, marking a year-on-year increase of 19.96%, despite facing challenges such as a declining net interest margin and a relatively high non-performing loan ratio [1][2][6]. Financial Performance - The bank achieved an operating income of 7.386 billion yuan, up 2.59% year-on-year, and a net profit of 999.2 million yuan, reflecting a 17.28% increase [2]. - The average return on total assets was 0.22%, an increase of 0.02 percentage points year-on-year, while the average return on equity rose to 2.07%, up 0.57 percentage points [2]. - Interest income decreased significantly, with net interest income at 4.413 billion yuan, down 11.4% year-on-year [2]. Asset Quality - The non-performing loan ratio stood at 2.83%, only slightly down by 0.01 percentage points from the previous year, which is notably higher than the average of 1.76% for city commercial banks [1][6]. - The bank's non-performing loan balance was 11.27 billion yuan, with a provision coverage ratio of 209.95%, up 7.36 percentage points year-on-year [6]. Capital Adequacy - As of June 30, 2025, the core tier 1 capital adequacy ratio was 8.52%, down 0.16 percentage points from the end of the previous year, indicating pressure on capital replenishment [7]. - The total assets reached 927.528 billion yuan, a 1.23% increase from the end of the previous year, while customer loans and advances rose by 4.87% to 397.566 billion yuan [5]. Future Outlook - The bank anticipates continued pressure on net interest margin and net interest yield due to external uncertainties and intense competition [3]. - Harbin Bank plans to enhance its capital management and diversify its profit channels to improve its internal capital generation capacity [7].

Core Viewpoint - Harbin Bank is enhancing its digital customer relationship management and accelerating the transformation of its "online + offline" multi-channel collaboration, supporting the shift of its retail business from a singular focus to a comprehensive approach [1] Group 1: Digital Transformation and Retail Business Development - The bank is building a closed loop for retail financial services and customer service, deepening the brand connotation of warm retail services, and promoting sustainable and high-quality development of retail financial business [1] - As of June 30, 2025, the total retail deposits (in both domestic and foreign currencies) reached RMB 509.9701 billion, an increase of RMB 9.9931 billion, representing a growth rate of 2.0% compared to the end of the previous year [1] - The average balance of retail deposits (in both domestic and foreign currencies) was RMB 508.5372 billion, which is an increase of RMB 47.0006 billion, reflecting a growth rate of 10.2% year-on-year [1] Group 2: Market Position - According to the statistics from the People's Bank of China Heilongjiang Branch, as of the reporting period, Harbin Bank's retail deposit balance accounted for 19.58% of the local market share, ranking first in the local market [1]

Core Viewpoint - Harbin Bank is conducting a system upgrade on September 25, 2025, which will temporarily suspend various banking services to enhance customer experience [1] Group 1 - The system maintenance will occur from 0:00 to 1:00 on September 25, 2025 [1] - During the maintenance period, services such as credit card applications, inquiries, activations, transaction notifications, and certain loan services will be unavailable [1] - Customers are advised to make necessary arrangements in advance due to the service interruptions [1]

Core Viewpoint - Harbin Bank is enhancing its digital customer relationship management and accelerating the transformation of its "online + offline" multi-channel collaboration and marketing, supporting the shift of its retail business from a singular focus to a comprehensive approach [1] Group 1: Digital Transformation and Retail Business Development - The bank is building a closed loop for retail financial services and customer service, deepening the brand connotation of warm retail services, and promoting sustainable and high-quality development of retail financial business [1] - As of June 30, 2025, the total retail deposits (in both domestic and foreign currencies) amounted to RMB 509.971 billion, an increase of RMB 9.9931 billion, representing a growth rate of 2.0% compared to the end of the previous year [1] - The average balance of retail deposits (in both domestic and foreign currencies) was RMB 508.5372 billion, an increase of RMB 47.0006 billion, with a growth rate of 10.2% year-on-year [1] Group 2: Market Position - According to the statistics from the People's Bank of China Heilongjiang Branch, as of the reporting period, Harbin Bank's retail deposit balance held a market share of 19.58% in the local market, ranking first in retail deposit balance [1]

Core Viewpoint - The company has shown fluctuations in revenue and net profit growth rates over the years, indicating potential areas for investment analysis and risk assessment [11][13]. Financial Performance - In 2022, the company's revenue growth rate was 3.43%, while the net profit growth rate was -15.66% [11]. - For 2023, the revenue growth rate was 7.56%, and the net profit growth rate improved to 4.47% [11]. - The average return on equity for the first half of 2025 was 1.46%, an increase of 0.24 percentage points compared to the same period last year [19]. Revenue Composition - In the first half of 2025, the revenue composition included retail financial services (64.472 billion), corporate financial services (53.151 billion), and interbank financial services (24.036 billion) [14][28]. - The revenue structure for 2024 indicates a similar trend with retail financial services being the largest contributor [14]. Cash Flow Analysis - The net cash flow from operating activities for the first half of 2025 was -245.98 billion, while financing activities generated a net cash flow of 87.67 billion [22]. - Investment activities resulted in a net cash flow of -29.64 billion [22]. Asset and Liability Changes - As of the first half of 2025, the company's monetary funds decreased by 21.74%, while loans and advances increased by 4.76% [25]. - The company's deposits and interbank deposits decreased by 0.2%, while bonds payable increased by 24.26% [28].

哈爾濱銀行股份有限公司 ( 於中華人民共和國註冊成立的股份有限公司 ) 股份代號 : 6138 中期報告 2025 目 錄 哈爾濱銀行股份有限公司 二零二五年中期報告 | 釋義 | 2 | | --- | --- | | 公司簡介 | 4 | | 會計數據和財務指標摘要 | 8 | | 管理層討論與分析 | 11 | | 股份變動及股東情況 | 78 | | 董事、監事、高級管理人員及員工基本情況 | 83 | | 重要事項 | 90 | | 組織架構圖 | 94 | | 財務報告 | 95 | | 備查文件目錄 | 200 | 本公司經國家金融監督管理總局（原中國銀行保險監督管理委員會）批准持有B0306H223010001號金融許可證，並 經哈爾濱市市場監督管理局核准領取統一社會信用代碼為912301001275921118號營業執照。本公司根據香港銀行 業條例（香港法例第155章）並非一家認可機構，不受香港金融管理局監管，及不獲授權在香港經營銀行╱接受存款 業務。 釋義 在本報告中，除非文義另有所指，下列詞語具有如下涵義。 | 「《公司章程》」 | 指 | 《哈爾濱銀行股份有限公司章程》 | | --- ...

2025年9月15日，哈尔滨银行发布公告称，根据中国人民银行2025年支付清算系统维护窗口的安排，清 算总中心、城银清算将于2025年9月21日（周日）0:00至6:00开启支付清算系统维护窗口。受此影响， 在上述时间段内，暂停运行小额支付系统、网上支付跨行清算系统、城商行支付清算系统服务。您通过 手机银行、网上银行发起的跨行转账业务以及通过他行向哈尔滨银行转账业务，均将受到影响。 ...

Core Viewpoint - Harbin Bank reported a revenue of 7.386 billion RMB for the first half of 2025, marking a year-on-year growth of 2.59%, and a net profit of 992 million RMB, which represents a 17.28% increase compared to the previous year [1][2]. Financial Performance - For the first half of 2025, Harbin Bank's net interest income was 4.413 billion RMB, down 11.37% from 4.979 billion RMB in the same period of 2024 [2]. - The bank's net fee and commission income increased by 29.72% to 269.3 million RMB compared to 207.6 million RMB in the previous year [2]. - Operating expenses rose by 6.85% to 2.245 billion RMB, while credit impairment losses were 4.457 billion RMB, reflecting a 2.15% increase [2][5]. - The pre-tax profit was 681.3 million RMB, down 7.17% from 733.9 million RMB in the previous year [2]. Profitability Metrics - The net profit attributable to shareholders of the parent company was 915.4 million RMB, a 19.96% increase from 763.1 million RMB in the same period of 2024 [2]. - The bank's net profit for 2023 and 2024 was reported at 888 million RMB and 1.082 billion RMB, with year-on-year growth rates of 24.65% and 21.88%, respectively [2]. Asset Quality - As of June 30, 2025, Harbin Bank's non-performing loan (NPL) balance was 11.270 billion RMB, with an NPL ratio of 2.83%, a slight decrease from 2.84% at the end of the previous year [3][4]. - The provision coverage ratio improved to 209.95%, an increase of 7.36 percentage points from the previous year [3]. Loan Composition - The total amount of customer loans and advances was 397.566 billion RMB, with normal loans accounting for 91.2% of the total [4]. - The bank's non-performing loans were categorized as follows: 6.0% under special mention, 0.4% under substandard, 0.1% under doubtful, and 2.3% under loss [4]. Management Changes - In November 2024, the board of Harbin Bank approved the resignation of Deng Xinquan as executive director and chairman, with Yao Chunhe being elected as the new chairman [6][7].

Core Viewpoint - Harbin Bank (06138) has demonstrated significant advancements in its inclusive finance business in the first half of 2025, launching innovative products such as "Money to Home" and "Agricultural Flash Loan" to enhance service efficiency through digital means [1] Group 1: Inclusive Finance Business Performance - The bank's micro and small enterprise loan disbursement reached 16.918 billion yuan, an increase of 1.62 billion yuan compared to the same period last year [1] - The outstanding balance of micro and small enterprise loans was 41.198 billion yuan, with a growth rate of 11.72% [1] - The average pricing of loans disbursed during the year was 5.83%, a decrease of 0.87 percentage points from the previous year, indicating a continued effort to lower financing costs for small enterprises [1] Group 2: Agricultural Loan Services - The outstanding balance of agricultural loans reached 32.2104 billion yuan, while the balance of loans to farmers was 16.5322 billion yuan [1] - The bank's services have expanded to cover most rural markets in 11 cities of Heilongjiang Province and parts of rural areas in Chengdu, Chongqing, Shenyang, Tianjin, and Dalian outside the province [1] - These efforts are aimed at significantly supporting local county economic development and the prosperity of rural financial markets, contributing to comprehensive rural revitalization [1] Group 3: Strategic Approach and Market Impact - The bank employs differentiated and bulk services to precisely meet the needs of micro, small enterprises, and the agricultural sector, alleviating financing difficulties while expanding its customer base [1] - This strategy enhances customer loyalty and opens new business growth points and profit spaces, demonstrating the bank's commitment to social responsibility [1]

Core Viewpoint - Harbin Bank (06138) has demonstrated significant advancements in its inclusive finance business in the first half of 2025, launching innovative products such as "Money to Home" and "Agricultural Flash Loan" to enhance service efficiency through digital means [1] Group 1: Financial Performance - The bank's inclusive small and micro enterprise loan issuance reached 16.918 billion yuan, an increase of 1.62 billion yuan compared to the same period last year [1] - The outstanding balance of these loans was 41.198 billion yuan, reflecting a growth rate of 11.72% [1] - The average pricing of loans issued during the year was 5.83%, a decrease of 0.87 percentage points from the previous year, indicating a continued effort to lower financing costs for small and micro enterprises [1] Group 2: Agricultural Loans - The outstanding balance of agricultural loans reached 32.2104 billion yuan, with the balance of loans to farmers at 16.5322 billion yuan [1] - The bank's services have expanded to cover the majority of rural markets in 11 cities of Heilongjiang Province and parts of rural areas in Chengdu, Chongqing, Shenyang, Tianjin, and Dalian outside the province [1] Group 3: Strategic Initiatives - The bank is focusing on differentiated and bulk services to precisely meet the needs of small and micro enterprises and the agricultural sector, alleviating financing difficulties while expanding its customer base [1] - This approach not only enhances customer loyalty but also opens new business growth points and profit spaces, supporting local county economic development and the prosperity of rural financial markets [1]