为切实履行金融服务实体经济、保障社会民生需求、促进区域高质量发展的使命，近年来，九江银行上 饶分行不断扩展普惠金融服务的渠道，通过聚焦中小企业客户，打造特色金融产品，持续提升服务小微 客户的能力。 分行各网点还建立了由党员带队的金融为民服务队，为客户提供一站式、全方位的金融服务支持，帮助 客户解决融资难、融资贵等问题。 截至2024年9月末，上饶分行普惠小微贷款余额35.22亿元，较上年末新增4.19亿元。 聚焦中小企业客户，解决核心需求"两年前，我们企业刚到上饶市余干县站住脚跟，急需资金支持时， 是九江银行主动上门提供了金融支持。 如今我们发展逐步稳定，非常感谢九江银行当初给予我们的帮助！ "回忆起和九江银行合作的经历，江西某科技有限公司负责人感激道。 据了解，江西某科技有限公司是上饶市余干县汽摩配产业集群的一家重大项目企业。 汽摩配产业集群是余干高新区的首位产业集群、当地经济发展的核心增长极，于2023年被认定为省级特 色产业集群，在2023年实现营业收入56.7亿元、同比增长31.8%。 江西某科技有限公司以轮毂制造为主导产品，广泛运用于国内外先进汽车及摩托车制造厂，远销美洲、 欧洲、东南亚等十余个国家 ...

Capital and Employee Information - The registered capital of Jiujiang Bank is RMB 2,847,367,200[6]. - As of the end of the reporting period, Jiujiang Bank had 5,478 full-time employees, with an average age of 30.26 years[9]. Awards and Recognition - Jiujiang Bank received multiple awards in January 2024, including the "2023 Outstanding Participating Institution Award" from the People's Bank of China[10]. - The bank was recognized as a "Top 100 Self-Settlement Institutions" for the year 2023, marking its sixth consecutive year of receiving such awards[12]. - Jiujiang Bank's digital certification service standard was awarded the "Leader" certificate in 2023 by the National Financial Standardization Research Institute[13]. - The bank was honored as the "Best Industry Financial Innovation Bank" at the 2024 Future Transaction Banking International Summit[13]. - Jiujiang Bank achieved a significant increase in mobile payment and credit card business, winning multiple awards for its performance in 2023[10]. Financial Performance - For the six months ended June 30, 2024, the company reported a net interest income of RMB 4,510.4 million, an increase of 9.2% from RMB 4,128.6 million in the same period of 2023[16]. - The company's total operating income for the same period was RMB 5,500.5 million, up 4.6% from RMB 5,255.4 million year-on-year[16]. - The net profit attributable to shareholders for the first half of 2024 was RMB 553.9 million, a decrease of 40% compared to RMB 922.1 million in the first half of 2023[16]. - The company's basic earnings per share for the period was RMB 0.08, down from RMB 0.24 in the previous year, reflecting a 66.7% decline[16]. - The average return on total assets decreased to 0.24% from 0.39% year-on-year, indicating a decline in profitability[16]. - The non-performing loan ratio increased to 2.57% from 2.09% at the end of 2023, suggesting a deterioration in asset quality[18]. - The company's total assets as of June 30, 2024, were RMB 497,839.9 million, down from RMB 503,849.2 million at the end of 2023[18]. - The capital adequacy ratio improved to 13.15% from 12.01% at the end of 2023, indicating a stronger capital position[18]. Risk Management and Asset Quality - The company has focused on enhancing risk control capabilities and has increased provisions for asset impairment losses during the reporting period[26]. - The total asset impairment loss for the group was RMB 3.4622 billion, an increase of RMB 655.8 million year-on-year, reflecting a more prudent approach to asset impairment provisions[67]. - The group increased its impairment loss provisions to RMB 12.28 billion as of June 30, 2024, up from RMB 9.68 billion at the end of 2023[144]. - The bank aims to enhance risk management by building a three-dimensional risk management system and implementing automated warning mechanisms for credit risk[196]. - The bank's risk management framework includes a comprehensive structure from the board of directors to functional departments, ensuring effective oversight and evaluation[194]. - The bank is focusing on cultivating a prudent and proactive risk management culture within its operations[198]. Customer Loans and Advances - The total amount of customer loans and advances was RMB 3.13574 trillion, an increase of RMB 119.5 billion or 4.0% year-on-year, mainly due to stable growth in corporate loans[78]. - The total amount of corporate loans and advances was RMB 1.99272 trillion, an increase of RMB 169.89 billion or 9.3% year-on-year, attributed to the group's active expansion of corporate credit[81]. - The net amount of customer loans and advances was RMB 3.030349 trillion, representing 60.9% of total assets, up from 58.3% at the end of the previous year[76]. - The retail loans and advances totaled RMB 921.18 billion as of the reporting period end[86]. - The total amount of overdue loans reached RMB 11.92 billion, accounting for 3.8% of total customer loans and advances[140]. Deposits and Liabilities - The group's customer deposits totaled RMB 365,047.3 million as of June 30, 2024, with time deposits accounting for 58.6% and demand deposits for 29.7%[102]. - The group's total liabilities were RMB 456,041.9 million as of June 30, 2024, a decrease of 1.5% from RMB 462,892.7 million at the end of 2023[98]. - The average balance of customer deposits was RMB 368,478.8 million, with an average interest rate of 2.20%, down from 2.56% in the previous year[29]. Strategic Focus and Development - The company aims to continue supporting local economic development and small and medium-sized enterprises as part of its strategic focus[25]. - The bank's strategy for 2024 emphasizes local service, supporting small and micro enterprises, and aligning with regional economic development[193]. - The bank has established partnerships with multiple wealth management subsidiaries to enhance deposit scale and wealth management product advantages[162]. - The bank's focus on inclusive finance led to the addition of 12 clients with loans under RMB 3 million, totaling RMB 200 million in new loans in the first half of 2024[188]. Innovation and Technology - The bank has launched innovative services such as "same application for card and loan" and "real-time card issuance" to enhance customer experience[167]. - The mobile banking service has been upgraded to create a comprehensive online service platform, integrating local life service resources[163]. - The cumulative loan amount reached RMB 10.56 billion by June 2024, following the successful launch of the digital transformation platform in January 2024[174]. Environmental and Social Responsibility - The bank is committed to green finance and has joined the Carbon Accounting Financial Alliance (PCAF) to support sustainable development initiatives[187]. - The bank supported 11 carbon reduction projects, resulting in a cumulative carbon reduction loan issuance of RMB 405 million, leading to an annual reduction of 82,200 tons of CO2 equivalent[185].

Financial Performance - For the first half of 2024, the company achieved operating income of RMB 5.50 billion, an increase from RMB 5.26 billion in the same period of 2023, representing a growth of approximately 4.65%[14]. - The net profit for the period was RMB 592.2 million, down from RMB 944.3 million in the first half of 2023, indicating a decline of about 37.3%[14]. - The net interest income rose to RMB 4.51 billion, compared to RMB 4.13 billion in the previous year, reflecting an increase of approximately 9.25%[14]. - The company reported a cost-to-income ratio of 26.60%, slightly up from 26.38% in the previous year, suggesting a marginal increase in operational efficiency[14]. - The average return on total assets decreased to 0.24% from 0.39% in the same period last year, reflecting a decline in profitability[14]. - The group achieved a net profit of RMB 592.2 million for the reporting period, a decrease from RMB 944.3 million in the previous year, representing a decline of 37.2%[25]. - The group reported a pre-tax profit of RMB 521.3 million, down from RMB 1,010.7 million in the previous year, reflecting a significant decrease of 48.3%[25]. Asset and Loan Management - The total assets as of June 30, 2024, were RMB 497.84 billion, a decrease from RMB 503.85 billion at the end of 2023[16]. - The total customer loans and advances reached RMB 313.57 billion, an increase of RMB 11.95 billion or 4.0% compared to the end of 2023, driven by stable growth in corporate loans[75]. - The total amount of corporate loans and advances reached RMB 199.27 billion, an increase of RMB 16.99 billion, or 9.3%, compared to the end of the previous year[78]. - The total amount of retail loans for housing mortgages was RMB 31.07 billion, representing 33.7% of the total retail loans[85]. - The total overdue loans amounted to RMB 11.92 billion, representing 3.8% of the total customer loans and advances[137]. - The provision for loan impairment losses increased to RMB 12.28 billion as of June 30, 2024, up from RMB 9.68 billion at the end of 2023, reflecting a prudent approach[141]. Risk Management - The bank's risk management framework includes a board of directors, senior management, and various committees, ensuring comprehensive risk oversight and accountability[191]. - The bank is committed to improving its credit risk management culture, focusing on accountability and enhancing credit approval capabilities[195]. - The bank has established a comprehensive country risk management system to monitor and manage exposure to geopolitical and economic changes[198]. - The bank plans to deepen its digital risk control system, promoting standardized and digitized credit management processes[199]. - The bank's risk management department is responsible for leading credit risk management and ensuring compliance with established policies and procedures[194]. Awards and Recognition - The bank received multiple awards in January 2024, including the "2023 Outstanding Participating Institution Award" from the People's Bank of China[8]. - The bank was recognized as a "Top 100 Self-Operated Settlement Institutions" for the year 2023[10]. - The bank's mobile payment and credit card business received multiple honors, including the "2023 Mobile Payment Promotion Award"[8]. - The company was recognized as the "Best Digital Financial SME Bank" at the 2024 Summit on the Development of Small and Medium-sized Banks[11]. Strategic Focus - The company aims to continue focusing on serving local economies and small and medium-sized enterprises as part of its strategic direction[23]. - The bank maintains a market positioning focused on serving local economies, small and medium enterprises, and urban-rural residents, emphasizing transformation and integration with regional development[190]. - The bank's strategy includes a focus on adjusting the structure of interbank liabilities and enhancing the issuance scale of negotiable certificates of deposit[106]. Operational Efficiency - The group implemented measures to reduce operational costs and financial burdens on consumers, in line with national policies[34]. - The operating expenses for the period were RMB 1.52 billion, an increase of RMB 74 million or 5.1% year-on-year, attributed to rising employee compensation, depreciation, and administrative expenses[60]. - The bank's focus on technology and green finance is part of its strategy to enhance operational efficiency and risk management through data-driven approaches[185].

Financial Performance - Net interest income for 2023 was RMB 8,289.0 million, a decrease from RMB 8,593.6 million in 2022[14]. - Net fee and commission income increased to RMB 972.2 million in 2023, up from RMB 841.7 million in 2022[14]. - Total operating income for 2023 was RMB 10,358.4 million, compared to RMB 10,869.9 million in 2022[14]. - Operating expenses rose to RMB 3,407.1 million in 2023, up from RMB 3,275.2 million in 2022[14]. - Impairment losses on assets increased to RMB 6,105.7 million in 2023, compared to RMB 5,601.5 million in 2022[14]. - Profit before tax for 2023 was RMB 855.1 million, significantly lower than RMB 2,001.5 million in 2022[14]. - Net profit for the year was RMB 745.4 million, down from RMB 1,680.4 million in 2022[14]. - Net profit attributable to shareholders was RMB 723.6 million in 2023, compared to RMB 1,615.1 million in 2022[14]. - Total operating income for 2023 was RMB 10,358.4 million, a decrease from RMB 10,869.9 million in 2022, representing a decline of 4.7%[116]. Asset and Liability Management - As of December 31, 2023, Jiujiang Bank has total assets exceeding RMB 500 billion and operates 279 branches[4]. - The bank's registered capital amounts to RMB 2,847,367,200[3]. - Total assets grew to RMB 503,849.2 million in 2023, up from RMB 479,703.5 million in 2022, representing a growth of 5.4%[16]. - The total liabilities of the group reached RMB 462.89 billion, increasing by RMB 19.61 billion or 4.4% compared to the end of the previous year[76]. - The bank's equity attributable to shareholders rose to RMB 40,156.5 million in 2023 from RMB 35,627.6 million in 2022, an increase of 14.2%[16]. - The liquidity coverage ratio improved significantly to 448.64% in 2023 from 267.97% in 2022[17]. - The capital adequacy ratio slightly decreased to 12.01% in 2023 from 12.62% in 2022[15]. - The net stable funding ratio decreased from 130.87% in 2022 to 127.03% in 2023, with available stable funding increasing to RMB 341.784 billion[157]. Loan and Credit Management - Customer loans and advances net amount increased to RMB 293,410.2 million in 2023 from RMB 271,535.2 million in 2022, a rise of 8.4%[16]. - The non-performing loan ratio increased to 2.09% in 2023 from 1.82% in 2022[16]. - The total amount of customer loans and advances was RMB 301.62 billion, up RMB 22.46 billion or 8.0% year-on-year[89]. - The group reported a total of RMB 98,967.2 million in mortgage loans, with a non-performing loan amount of RMB 3,449.5 million, representing 3.49%[99]. - The group increased its loan amount in Jiangxi Province to RMB 250.43 billion, an increase of RMB 19.02 billion or 8.2% year-on-year, accounting for 83.0% of total loans[102]. - The distribution of corporate loans by product type shows that working capital loans accounted for 55.5% of the total, while fixed asset loans made up 30.6%[65]. - The top three industries by loan amount were manufacturing (RMB 43,638.0 million), wholesale and retail (RMB 28,040.7 million), and real estate (RMB 24,427.8 million)[98]. Awards and Recognition - Jiujiang Bank has been recognized as a "Core Underwriter" and "Outstanding Market Maker" for its performance in the 2022 RMB financial bond underwriting market[5]. - The bank was awarded the "Comprehensive Excellence Award" for its cross-border RMB business in Jiangxi Province for 2022[6]. - In 2023, Jiujiang Bank was named "Outstanding Industry Financial Bank" in a selection event focused on supply chain financing[6]. - The bank received multiple awards in 2023, including the "Outstanding Investment Return Bank" and "Outstanding Wealth Management City Commercial Bank" at various forums[7][9]. - The company has been recognized with multiple awards, including the "Financial Innovation Contribution Award" from the Jiangxi Provincial Financial Regulatory Bureau[22]. Strategic Focus and Development - The bank aims to enhance service to local economies and small and medium enterprises as part of its strategic focus for sustainable development[20]. - The company is focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance for future growth[23]. - The bank aims to enhance its brand image by forming a national alliance for small and medium-sized banks in industrial finance[133]. - The bank's digital transformation efforts have led to significant improvements in risk management, with a focus on integrating technology into financial services[140]. - The bank aims to enhance strategic execution and operational efficiency in 2024, focusing on fine management and risk control[142]. Risk Management - The bank has established a comprehensive risk management system to enhance compliance and risk prevention measures[21]. - The bank's risk management framework includes a comprehensive structure from the board of directors to functional departments, ensuring effective risk oversight and management[143]. - The bank has implemented a multi-dimensional credit risk monitoring system to enhance risk identification capabilities[149]. - The bank has strengthened its operational risk management framework, ensuring that operational risks are controlled within acceptable limits[152]. - The bank's credit risk management culture emphasizes prudent management, with significant achievements in asset quality control and the implementation of standardized credit processes[145]. Customer Engagement and Services - The number of retail customers reached 5.3661 million, marking a growth of 9.86%[126]. - The total number of credit cards issued reached 1.1506 million, indicating stable overall operations in the credit card business[128]. - The company launched new products such as "Good Car Card" and "Truck ETC" to meet diverse customer needs in the credit card sector[128]. - The bank's trade finance business achieved a cross-border RMB settlement scale of RMB 5.509 billion, an increase of 29.72%[134]. - The bank's agricultural loans reached RMB 67.909 billion, an increase of RMB 4.059 billion or 6.36% year-on-year[138]. Shareholder Structure - As of December 31, 2023, the total issued share capital of the company is 2,847,367,200 shares, comprising 2,365,000,000 domestic shares and 482,367,200 H shares[171]. - The top ten domestic shareholders hold a total of 1,632,987,590 shares, representing 57.35% of the total issued share capital[174]. - The largest domestic shareholder, Jiujiang Finance Bureau, holds 366,020,000 shares, accounting for 12.85% of the total issued share capital[174]. - The shareholding structure indicates significant ownership concentration among a few major shareholders, with the top three holding over 35% of the shares[182]. - The company has no controlling shareholder as of the reporting period[183].

Financial Performance - Net interest income for 2023 was RMB 8,289.0 million, a decrease of 3.5% from RMB 8,593.6 million in 2022[15]. - Net fee and commission income increased to RMB 972.2 million, up 15.5% from RMB 841.7 million in 2022[15]. - Total operating income for 2023 was RMB 10,358.4 million, down 4.7% from RMB 10,869.9 million in 2022[15]. - Pre-tax profit decreased to RMB 855.1 million, a decline of 57.3% compared to RMB 2,001.5 million in 2022[15]. - Net profit for the year was RMB 745.4 million, down 55.7% from RMB 1,680.4 million in 2022[15]. - Earnings per share (EPS) for 2023 was RMB 0.15, a decrease of 71.4% from RMB 0.53 in 2022[15]. - The bank's total assets increased, with net assets per share at RMB 11.65, down from RMB 11.89 in 2022[15]. - The group achieved operating revenue of RMB 10.3584 billion and net profit of RMB 745 million, reflecting a stable growth in overall business management[23]. - The net interest income for the year was RMB 8.289 billion, accounting for 80.0% of total operating revenue[25]. - The pre-tax profit for the year was RMB 855.1 million, with a net profit of RMB 745.4 million after tax[24]. Asset and Liability Management - As of December 31, 2023, Bank of Jiujiang reported total assets exceeding RMB 500 billion, with a network of 279 branches[6]. - The bank's total assets grew to RMB 503,849.2 million in 2023, up from RMB 479,703.5 million in 2022, representing a growth of 5.4%[17]. - The bank's total liabilities increased to RMB 462,892.7 million in 2023 from RMB 443,287.3 million in 2022[17]. - The capital adequacy ratio decreased to 12.01% in 2023 from 12.62% in 2022[16]. - The liquidity coverage ratio improved significantly to 448.64% in 2023 from 267.97% in 2022[18]. - The bank's equity attributable to shareholders increased to RMB 40,156.5 million in 2023 from RMB 35,627.6 million in 2022[17]. - The total amount of cash and deposits with the central bank was RMB 33.30 billion, remaining stable compared to the previous year[74]. - The total amount of repurchase agreements increased to RMB 4.97 billion, a significant rise of RMB 3.27 billion or 192.3% from the previous year[80]. Loan and Credit Quality - The non-performing loan ratio increased to 2.09% in 2023 from 1.82% in 2022[17]. - The total amount of customer loans and advances reached RMB 293,410.2 million in 2023, an increase from RMB 271,535.2 million in 2022[17]. - The total amount of customer loans and advances amounted to RMB 301.62 billion, an increase of RMB 22.46 billion or 8.0% compared to the previous year[84]. - The total overdue loans amounted to RMB 6.375 billion, representing 2.1% of the total customer loans and advances[104]. - The provision for loan impairment losses increased to RMB 9.680 billion as of December 31, 2023, up from RMB 8.762 billion the previous year[107]. - The distribution of loans classified as normal was RMB 284.20 billion, accounting for 94.22% of total loans, while loans under special attention were 11.12 billion, representing 3.69%[86]. - The manufacturing sector accounted for 14.5% of total loans, while the wholesale and retail sector contributed 9.3%, and the real estate sector made up 8.1%[92]. Awards and Recognition - In 2023, the bank was awarded the title of "Outstanding Comprehensive Business Institution" by the Shanghai Bill Exchange[8]. - The bank received multiple awards in 2023, including the "Outstanding Investment Return Bank" and "Outstanding Wealth Management City Commercial Bank"[10]. - The bank was recognized for its contributions to social responsibility, receiving the "2022 Jiangxi Social Responsibility Enterprise" award[9]. - The bank's RFID smart insurance cabinet project won the "Scene Financial Innovation Excellent Case Award" in January 2024[13]. - The bank's industry finance practice was recognized with awards such as "Outstanding Industry Finance Bank" and "Tianxin Award for Integrated Innovation"[128]. - The bank's wealth management capabilities were acknowledged with multiple industry awards, including the "Golden Bull Award" from China Securities Journal[126]. Strategic Initiatives - The bank has optimized its shareholder structure by introducing strategic investors such as Industrial Bank and Beijing Automotive Group[6]. - The bank is committed to enhancing financial services and management quality, with ongoing financial reform and international cooperation[22]. - The bank's strategic theme for 2024 is to firmly advance transformation and enhance strategic execution capabilities[139]. - The bank is focused on enhancing credit management by implementing early identification and early warning mechanisms for risks[146]. - The bank's strategic risk level is stable and manageable, with effective risk management practices in place[167]. Human Resources - The bank employs 5,429 full-time staff, with an average age of 29.97 years, and 87.24% holding undergraduate or associate degrees[6]. - Employee compensation expenses amounted to RMB 1.93 billion, an increase of RMB 106.5 million, or 5.9% year-on-year, due to a rise in employee numbers[51]. Shareholder Structure - The total issued share capital of the bank is 2,847,367,200 shares, including 2,365,000,000 domestic shares and 482,367,200 H shares[168]. - The top ten shareholders of the company held a total of 1,632,987,590 shares, representing approximately 57.35% of the total issued share capital as of December 31, 2023[171]. - The largest shareholder, Jiujiang Finance Bureau, directly held 366,020,000 shares, accounting for 12.85% of the total issued share capital[171]. - The bank has established related transactions with several major shareholders, including Jiangxi State-owned Assets Management Company and Fangda Carbon New Material Technology Co., Ltd.[188].

Financial Performance - Net interest income for the first half of 2023 was RMB 4,128.6 million, a decrease of 5.0% compared to RMB 4,347.1 million in 2022[17]. - Net fee and commission income increased by 16.2% to RMB 392.2 million from RMB 337.5 million in the previous year[17]. - Total operating income for the first half of 2023 was RMB 5,255.4 million, reflecting a slight increase of 0.8% from RMB 5,212.1 million in 2022[17]. - Pre-tax profit decreased by 10.3% to RMB 1,010.7 million compared to RMB 1,127.2 million in the same period last year[17]. - Net profit attributable to shareholders for the first half of 2023 was RMB 922.1 million, down 9.9% from RMB 1,023.7 million in 2022[17]. - The group's net profit for the same period was RMB 944.3 million, representing a year-on-year decline of 9.1%[29]. - The group's operating expenses for the six months ended June 30, 2023, were RMB 1.446 billion, an increase of RMB 107 million or 8.0% year-on-year[68]. - The group's income tax expense for the six months ended June 30, 2023, was RMB 66 million, a decrease of RMB 22 million or 24.9% year-on-year, primarily due to tax exemptions on interest income from government bonds and fund dividends[81]. Asset Quality - The non-performing loan ratio increased to 2.06% from 1.82% in the previous year, indicating a deterioration in asset quality[19]. - The non-performing loan (NPL) ratio rose to 2.06% as of June 30, 2023, an increase from 1.82% at the end of 2022[147]. - The real estate sector had a non-performing loan balance of RMB 1,041.2 million, with an NPL ratio of 4.35%, up 2.41 percentage points from the end of 2022[150]. - The leasing and business services sector reported a non-performing loan balance of RMB 753 million, with an NPL ratio of 4.11%, which increased slightly by 0.01 percentage points[150]. - The wholesale and retail sector's non-performing loan balance was RMB 685 million, with an NPL ratio of 2.42%, down 0.31 percentage points from the previous year[150]. - The provision for loan impairment losses was RMB 9.65 billion as of June 30, 2023, an increase of RMB 0.88 billion or 10.1% from the end of the previous year, primarily due to increased provisioning efforts[172]. Capital and Equity - The capital adequacy ratio decreased to 12.10% from 12.62% at the end of 2022, reflecting a decline in capital strength[19]. - The bank's capital adequacy ratio, tier 1 capital ratio, and core tier 1 capital ratio were 12.10%, 10.60%, and 8.00% respectively, with the capital adequacy ratio decreasing by 0.52 percentage points compared to the end of the previous year[178]. - The bank's core tier 1 capital increased to RMB 29,664.5 million, up from RMB 28,935.4 million at the end of 2022[181]. - The total equity increased to RMB 37,139 million as of June 30, 2023, up by RMB 722 million, reflecting a growth of 2.0%[125]. - As of June 30, 2023, the total equity attributable to shareholders was RMB 36,341.2 million, an increase from RMB 35,627.6 million as of December 31, 2022, representing a growth of 2.0%[128]. Loans and Advances - Customer loans and advances totaled RMB 292.943 billion, reflecting a growth of 4.9% from the end of the previous year[27]. - The total amount of corporate loans and advances was RMB 174.70 billion, increasing by RMB 12.27 billion or 7.6% due to the group's active expansion of corporate credit[91]. - Retail loans and advances totaled RMB 96.10 billion, remaining stable compared to the end of the previous year[98]. - The total amount of discounted bills as of June 30, 2023, was RMB 22.14 billion, an increase of RMB 1.03 billion or 4.9%[102]. - The total amount of loans and advances in Jiangxi Province was RMB 243.91 billion, an increase of RMB 12.50 billion from the end of the previous year, accounting for 83.3% of the total customer loans and advances[158]. Strategic Initiatives - Jiujiang Bank was recognized as one of the first pilot support units for the National Blockchain Innovation Application Pilot Project, being one of only four city commercial banks nationwide[10]. - The bank aims to enhance its brand image by optimizing its shareholder structure and attracting strategic investors like Industrial Bank and Beijing Automotive Group[8]. - The group actively supports technological innovation and green development as part of its strategic initiatives[26]. - The bank's trade finance business saw a 74.07% year-on-year increase in settlement volume, driven by effective policy execution[190]. - New investments in key sectors such as manufacturing, inclusive finance, and green finance showed growth rates of 88.56%, 106.47%, and 129.46% respectively[190]. Awards and Recognition - In 2023, Jiujiang Bank received multiple awards, including "Core Underwriter" and "Outstanding Market Maker" for its performance in RMB financial bond underwriting[11]. - The bank was awarded the "Annual City Commercial Bank Award" at the Huaxia Institutional Investor Annual Meeting in February 2023[10]. - Jiujiang Bank has been recognized for its contributions to rural revitalization and poverty alleviation, receiving accolades for its support in these areas[13].

Assets and Financial Position - As of June 30, 2023, Bank of Jiujiang reported total assets exceeding RMB 490 billion[6] - The bank's total assets as of June 30, 2023, were RMB 492,490.2 million, representing a growth of 2.7% from RMB 479,703.5 million at the end of 2022[16] - The total assets of the bank's 18 controlled rural banks amounted to RMB 16.517 billion, an increase of 1.17% from the end of the previous year[156] - The total amount of customer loans and advances was RMB 292,943.2 million, an increase of RMB 13,777.9 million compared to the previous year[103] - The total amount of corporate loans and advances was RMB 174,701.1 million, an increase from RMB 162,427.3 million as of December 31, 2022[73][74] - The total amount of retail loans and advances was RMB 96,104.5 million, with an NPL amount of RMB 1,848.3 million, leading to an NPL ratio of 1.92%[110] - The total amount of interbank and other financial institution deposits was RMB 2,571 million, an increase of 15.2% from the previous year[84] - The total liabilities of the group amounted to RMB 455.35 billion, an increase of RMB 12.06 billion or 2.7% compared to the end of the previous year[86] - The total customer deposits reached RMB 377.80 billion as of June 30, 2023, remaining stable compared to the end of the previous year[87] Income and Profitability - Net interest income for the first half of 2023 was RMB 4,128.6 million, a decrease of 5.0% compared to RMB 4,347.1 million in the same period of 2022[15] - Total operating income for the first half of 2023 was RMB 5,255.4 million, reflecting a slight increase of 0.8% from RMB 5,212.1 million in the previous year[15] - The bank's net profit attributable to shareholders for the first half of 2023 was RMB 922.1 million, down 9.9% from RMB 1,023.7 million in the same period of 2022[15] - The company reported a pre-tax profit of RMB 1.011 billion, down 10.3% year-on-year[25] - The company achieved operating income of RMB 5.255 billion and net profit of RMB 944 million, with a year-on-year decline of 9.1%[23] Loan Quality and Risk Management - The non-performing loan ratio increased to 2.06% as of June 30, 2023, compared to 1.82% at the end of 2022[16] - The amount of non-performing loans reached RMB 60.21 million, with a breakdown of RMB 1,924.4 million in substandard, RMB 1,522.6 million in doubtful, and RMB 2,574.2 million in loss categories[100] - The total amount of normal and attention loans was RMB 286,922.0 million, accounting for 97.94% of total loans[101] - The company attributed the increase in the NPL ratio to the overall economic environment affecting customers' repayment capabilities[104] - The group has enhanced its large exposure risk management framework in compliance with regulatory requirements, aiming to improve overall risk management levels[118] Capital and Shareholder Structure - The bank's registered capital increased to RMB 2,847,367,200 following recent H-share and domestic share issuances[5] - As of June 30, 2023, the total issued share capital of the company was 2,407,367,200 shares, consisting of 2,000,000,000 domestic shares and 407,367,200 H shares[189] - The largest shareholder, Jiujiang Finance Bureau, holds 366,020,000 shares, accounting for 15.20% of the total issued share capital[194] - The total number of shares held by the top ten shareholders indicates a significant concentration of ownership within the company[194] - The company has a diverse shareholder base, including financial institutions and industrial companies, which may influence its strategic direction[198] Strategic Initiatives and Future Outlook - The bank aims to optimize its shareholder structure and expand its market presence through strategic partnerships[6] - The bank's future outlook includes continued focus on technological innovation and market expansion initiatives[6] - The bank's theme for 2023 focuses on solidifying customer foundations, enhancing revenue and profit, and deepening structural adjustments for sustainable development[158] - The bank is committed to enhancing the efficiency of credit management through improved risk management policies and processes[165] Operational Efficiency and Cost Management - Operating expenses for the six months ended June 30, 2023, were RMB 1.446 billion, an increase of RMB 107 million or 8.0% year-on-year[57] - The company has streamlined 56 business processes, involving 155 regulations and procedures, proposing over 90 internal regulation optimizations and 393 procedural measures[177] - The company completed the self-evaluation of internal controls for the year 2022, optimizing the internal control evaluation and supervision system[178] Digital Transformation and Innovation - The bank's digital transformation efforts have led to the automation of bond pricing and enhanced risk control capabilities[149] - The new anti-money laundering system has been successfully implemented, enhancing efficiency and reducing the number of warning cases significantly[180] - The bank has achieved recognition for its asset management system and business continuity management, being the only city commercial bank in Jiangxi Province certified by ISO22301[162] Community and Social Responsibility - The bank established 639 inclusive financial service stations across the province, conducting 200 promotional activities in the first half of 2023[152] - The bank has supported seven carbon reduction projects with a total loan amount of RMB 350 million as of June 30, 2023[153] - The bank has served nearly 100,000 new citizens by June 30, 2023, through various financial services tailored to their needs[145]

Financial Performance - Interest income increased by 1.6% to RMB 8,593.6 million in 2022 compared to RMB 8,456.5 million in 2021[13] - Net fee and commission income grew by 21.5% to RMB 841.7 million in 2022 from RMB 692.8 million in 2021[13] - Operating income rose by 5.0% to RMB 10,869.9 million in 2022 from RMB 10,347.5 million in 2021[13] - Net profit attributable to shareholders decreased by 6.6% to RMB 1,615.1 million in 2022 from RMB 1,728.6 million in 2021[13] - Basic earnings per share dropped by 26.39% to RMB 0.53 in 2022 from RMB 0.72 in 2021[13] - Average return on total assets declined by 0.05 percentage points to 0.36% in 2022 from 0.41% in 2021[14] - Net interest margin decreased by 0.09 percentage points to 1.91% in 2022 from 2.00% in 2021[14] - Core tier 1 capital adequacy ratio fell by 0.35 percentage points to 7.93% in 2022 from 8.28% in 2021[14] - Total capital adequacy ratio decreased by 0.59 percentage points to 12.62% in 2022 from 13.21% in 2021[14] - Total assets increased to RMB 479,703.5 million in 2022, up 3.9% from RMB 461,503.0 million in 2021[15] - Customer loans and advances net balance grew to RMB 271,535.2 million in 2022, an 11.8% increase from RMB 242,938.4 million in 2021[15] - Customer deposits rose to RMB 377,340.0 million in 2022, a 9.4% increase from RMB 344,851.1 million in 2021[15] - Non-performing loan ratio increased to 1.82% in 2022, up 0.41 percentage points from 1.41% in 2021[15] - Provision coverage ratio decreased to 173.01% in 2022, down 41.65 percentage points from 214.66% in 2021[15] - Loan-to-deposit ratio rose to 73.98% in 2022, up 1.57 percentage points from 72.41% in 2021[16] - Liquidity coverage ratio dropped to 267.97% in 2022, down 158.34 percentage points from 426.31% in 2021[16] - Single largest customer loan and advance ratio decreased to 0.64% in 2022, down 0.24 percentage points from 0.88% in 2021[16] - Total equity increased to RMB 36,416.2 million in 2022, up 2.8% from RMB 35,413.2 million in 2021[15] - Net capital rose slightly to RMB 42,594.0 million in 2022, a 0.1% increase from RMB 42,530.5 million in 2021[15] - The company achieved a total operating income of RMB 108.70 billion and a net profit of RMB 16.80 billion in 2022[28] - Total assets reached RMB 4,797.04 billion, a year-on-year increase of 3.9%[28] - Customer loans and advances totaled RMB 2,791.65 billion, up 11.8% from the previous year[28] - Customer deposits amounted to RMB 3,773.40 billion, a 9.4% increase from the end of the previous year[28] - The non-performing loan ratio stood at 1.82%, with a provision coverage ratio of 173.01% and a capital adequacy ratio of 12.62%[28] - The company achieved a pre-tax profit of RMB 20.01 billion in 2022, a year-on-year increase of 0.2%, while net profit decreased by 5.8% to RMB 16.80 billion[29] - Net interest income increased by 1.6% to RMB 8.59 billion, accounting for 79.1% of total operating income[30] - Fee and commission net income grew by 21.5% to RMB 841.7 million, driven by a 17.6% increase in fee and commission income[29] - The net interest margin decreased to 1.91% in 2022 from 2.00% in 2021, while the net interest spread remained stable at 1.93%[30] - Interest income from customer loans and advances increased by RMB 1.26 billion, primarily due to a RMB 1.87 billion increase from scale expansion, despite a RMB 608.5 million decrease from interest rate changes[33] - Interest expense increased by RMB 531.2 million, with customer deposits contributing RMB 1.13 billion due to scale expansion, partially offset by a RMB 596.5 million decrease from interest rate changes[33] - The average yield on interest-earning assets decreased to 4.43% in 2022 from 4.55% in 2021, while the average cost of interest-bearing liabilities decreased to 2.50% from 2.63%[30] - Financial investment income decreased by 0.9% to RMB 1.05 billion, while other operating income surged by 177.0% to RMB 385.3 million[29] - Operating expenses increased by 5.9% to RMB 3.28 billion, and asset impairment losses rose by 6.4% to RMB 5.60 billion[29] - Profit attributable to non-controlling interests increased by 16.2% to RMB 65.3 million, while profit attributable to the company's shareholders decreased by 6.6% to RMB 1.62 billion[29] - Interest income for 2022 reached RMB 19.948 billion, an increase of RMB 668 million, or 3.5% YoY, driven by growth in interest-earning assets, partially offset by a decline in average asset yield[36] - Customer loans and advances interest income increased by RMB 1.262 billion, or 9.9% YoY, to RMB 13.966 billion, due to an increase in the average balance of customer loans and advances[36] - Financial investment interest income decreased by RMB 398 million, or 7.2% YoY, to RMB 5.111 billion, as the company adopted a more conservative investment strategy, increasing low-risk investments like government bonds[37] - Interest income from reverse repurchase agreements decreased by RMB 158 million, or 29.0% YoY, to RMB 389 million, due to a decline in the average yield of reverse repurchase assets[38] - Interest income from deposits with the central bank decreased by RMB 43 million, or 8.7% YoY, to RMB 452 million, primarily due to a decrease in the average balance of deposits with the central bank[39] - Interest income from deposits with other financial institutions increased by RMB 7 million, or 28.0% YoY, to RMB 30 million, driven by an increase in the average yield, partially offset by a decrease in the average balance[40] - Interest expenses for 2022 increased by RMB 531 million, or 4.9% YoY, to RMB 11.354 billion, mainly due to higher customer deposit interest expenses[41] - Customer deposit interest expenses increased by RMB 1.134 billion, or 13.7% YoY, to RMB 9.395 billion, driven by an increase in both the average interest rate and the average balance of customer deposits[42] - Interest expenses from deposits with other financial institutions decreased by RMB 103 million, or 18.0% YoY, to RMB 471 million, as the company optimized its liability structure[44] - Net interest margin decreased from 2.00% in 2021 to 1.91% in 2022, reflecting the narrowing of overall market interest rate spreads due to further interest rate marketization[48] - Fee and commission net income reached RMB 842 million, an increase of RMB 149 million, up 21.5% year-on-year, driven by strengthened management of intermediary business income[49] - Credit commitment and financial guarantee fees increased to RMB 256 million, up 11.4% year-on-year, due to growth in bank guarantee and commercial bill acceptance business[49] - Wealth management fee income rose to RMB 237 million, a 3.4% increase year-on-year, attributed to the expansion of wealth management asset scale[50] - Settlement and clearing service fee income surged to RMB 221 million, a 105.3% year-on-year increase, driven by higher credit letter issuance fees[50] - Financial investment income net amounted to RMB 1.049 billion, a slight decrease of 0.9% year-on-year, reflecting a conservative investment strategy[51] - Operating expenses totaled RMB 3.275 billion, up 5.9% year-on-year, in line with overall business growth[53] - Employee compensation expenses increased to RMB 1.819 billion, a 3.2% rise year-on-year, due to expanded workforce[54] - Depreciation and amortization expenses rose to RMB 423 million, up 21.1% year-on-year, reflecting changes in tangible assets and equipment[55] - Asset impairment losses reached RMB 5.602 billion, a 6.4% increase year-on-year, due to enhanced financial asset risk management[57] - Income tax expenses increased to RMB 321 million, up 50.3% year-on-year, driven by higher non-deductible write-off losses[60] - Total assets of the group increased by RMB 18.201 billion (3.9%) to RMB 479.704 billion as of December 31, 2022, primarily due to increases in customer loans and advances, and financial investments[62] - Customer loans and advances totaled RMB 279.165 billion, an increase of RMB 29.451 billion (11.8%) compared to the previous year, driven by steady growth in corporate loans and retail loan business development[65] - Corporate loans and advances increased by RMB 12.745 billion (8.5%) to RMB 162.427 billion, supported by the group's efforts to expand corporate credit and support the real economy[66] - Retail loans and advances grew by RMB 9.042 billion (10.4%) to RMB 95.632 billion, mainly due to the steady development of personal business loans[72] - Bill discounting increased by RMB 7.663 billion (57.0%) to RMB 21.106 billion, as the group intensified efforts in bill discounting due to its low capital consumption and customer financing costs[73] - Financial investments increased by RMB 2.263 billion (1.5%) to RMB 153.476 billion, primarily due to an increase in debt securities held by the group[76] - Total financial investments amounted to RMB 153.476 billion, with debt securities accounting for 71.9% (RMB 110.427 billion), non-standardized investments for 18.5% (RMB 28.339 billion), and other financial investments for 7.9% (RMB 12.078 billion)[77] - Cash and deposits with central bank decreased by 7.1% to RMB 33.148 billion, primarily due to strategic adjustments in asset structure[78] - Total liabilities increased by 4.0% to RMB 443.287 billion, with customer deposits rising by 9.4% to RMB 377.340 billion[79][82] - Deposits from other financial institutions decreased by 17.2% to RMB 2.232 billion, reflecting adjustments in liquidity management[78] - Borrowings from central bank decreased by 49.4% to RMB 12.841 billion, mainly due to the maturity of existing borrowings[86] - Repurchase agreements increased by 71.9% to RMB 1.700 billion, driven by liquidity management adjustments[87] - Issued debt securities decreased by 8.4% to RMB 28.800 billion, reflecting active management of interbank liabilities[88] - Current deposits from corporate clients accounted for 31.9% (RMB 120.222 billion) of total customer deposits, while personal clients' current deposits made up 7.0% (RMB 26.658 billion)[84] - Fixed-term deposits from personal clients increased to 33.7% (RMB 127.081 billion) of total customer deposits, up from 31.4% in the previous year[84] - Guarantee deposits decreased to 10.6% (RMB 39.894 billion) of total customer deposits, down from 12.5% in the previous year[84] - Total equity of the group increased by RMB 10.03 billion to RMB 364.16 billion, a growth of 2.8% compared to the previous year[90] - The group's off-balance sheet commitments increased by RMB 10.64 billion to RMB 108.18 billion, a growth of 10.9%, primarily due to increases in unused credit card limits and letters of credit[94] - The group's non-performing loan (NPL) balance reached RMB 5.07 billion, with an NPL ratio of 1.82%, up by 0.41 percentage points from the previous year[95] - Normal and special mention loans totaled RMB 274.10 billion, accounting for 98.18% of total loans, while NPLs accounted for 1.82%[98] - Corporate loans and advances increased by RMB 12.75 billion to RMB 162.43 billion, with an NPL ratio of 2.19%, up by 0.62 percentage points[101] - Retail loans and advances increased by RMB 9.04 billion to RMB 95.63 billion, with an NPL ratio of 1.58%, up by 0.24 percentage points[101] - The increase in NPL ratio was mainly due to weakened repayment capacity of some customers affected by the overall economic environment and the pandemic[101] - Manufacturing industry loans amounted to RMB 32.74 billion, accounting for 11.7% of total loans, with a non-performing loan (NPL) rate of 0.53%[102] - Real estate industry loans totaled RMB 25.78 billion, representing 9.2% of total loans, with an NPL rate of 1.94%[102] - Wholesale and retail industry loans reached RMB 24.67 billion, making up 8.8% of total loans, with an NPL rate of 2.73%[102] - Leasing and business services industry loans were RMB 18.53 billion, accounting for 6.6% of total loans, with an NPL rate of 4.10%[102] - Transportation, storage, and postal industry loans stood at RMB 1.91 billion, representing 0.7% of total loans, with an NPL rate of 36.07%[102] - Total corporate loans and advances amounted to RMB 162.43 billion, accounting for 58.2% of total loans, with an NPL rate of 2.19%[102] - Total retail loans and advances were RMB 95.63 billion, making up 34.3% of total loans, with an NPL rate of 1.58%[102] - Mortgage loans totaled RMB 102.80 billion, representing 36.8% of total loans, with an NPL rate of 2.60%[105] - Guaranteed loans amounted to RMB 77.52 billion, accounting for 27.8% of total loans, with an NPL rate of 0.80%[105] - Pledged loans were RMB 54.08 billion, making up 19.4% of total loans, with an NPL rate of 1.90%[105] - The company's loan balance in Jiangxi Province reached RMB 231.41 billion, accounting for 82.9% of the total customer loans and advances, with an increase of RMB 28.19 billion compared to the previous year[110] - The non-performing loan (NPL) balance in Jiangxi Province increased by RMB 699 million, and the NPL ratio rose by 0.11 percentage points, primarily due to weakened repayment capabilities of some customers[110] - The total NPL balance for the company was RMB 5.07 billion, with an NPL ratio of 1.82%, compared to RMB 3.51 billion and 1.41% in the previous year[108] - The company's loan balance in Jiujiang City, Jiangxi Province, was RMB 87.43 billion, an increase of RMB 12.57 billion from the previous year[110] - The total overdue loans amounted to RMB 5.29 billion, accounting for 1.9% of the total customer loans and advances, an increase of RMB 557 million compared to the previous year[118] - The company's loan impairment loss allowance increased by RMB 1.23 billion to RMB 8.76 billion, a 16.3% increase from the previous year[121] - The company's operating income in Jiangxi Province was RMB 9.76 billion, accounting for 89.8% of the total operating income, an increase from 81.6% in the previous year[123] - The company's loan exposure to the top ten single borrowers was RMB 11.81 billion, accounting for 4.24% of the total loans and 27.73% of the company's net capital[114] - Company banking business revenue was RMB 5,049.7 million, accounting for 46.5% of total revenue, a decrease from 49.0% in 2021[124] - Retail banking business revenue increased to RMB 3,113.2 million, accounting for 28.6% of total revenue, up from 28.1% in 2021[124] - Financial markets business revenue grew to RMB 2,626.2 million, representing 24.2% of total revenue, up from 21.2% in 2021[124] - Total operating revenue reached RMB 10,869.9 million, a 5.0% increase from RMB 10,347.5 million in 2021[124] - Capital adequacy ratio decreased to 12.62% in 2022, down 0.59 percentage points from 13.21% in 2021[125][126] - Core tier 1 capital adequacy ratio declined to 7.93% in 2022, down 0.35 percentage points from 8.

Financial Overview - As of December 31, 2022, Bank of Jiujiang had total assets exceeding RMB 470 billion[7]. - The total assets reached RMB 479,703.5 million in 2022, an increase of 3.9% from RMB 461,503.0 million in 2021[19]. - The total liabilities increased to RMB 443,287.3 million, a rise of 4.0% from RMB 426,089.8 million in 2021[19]. - The total equity attributable to shareholders rose to RMB 35,627.6 million, an increase of 2.7% from RMB 34,683.9 million in 2021[19]. - The company's total operating income reached RMB 10.87 billion, a year-on-year increase of 5.0%[30]. - The net profit for the year was RMB 1.68 billion, representing a decline of 5.8% compared to the previous year[32]. Income and Profitability - The net interest income for 2022 was RMB 8,593.6 million, an increase of 1.6% compared to RMB 8,456.5 million in 2021[17]. - The net fee and commission income rose to RMB 841.7 million, reflecting a growth of 21.5% from RMB 692.8 million in the previous year[17]. - Total operating income reached RMB 10,869.9 million, up by 5.0% from RMB 10,347.5 million in 2021[17]. - The pre-tax profit for the year was RMB 2,001.5 million, showing a slight increase of 0.2% compared to RMB 1,998.4 million in 2021[17]. - The net profit attributable to shareholders for the year was RMB 1,615.1 million, a decrease of 6.6% from RMB 1,728.6 million in 2021[17]. - The basic earnings per share decreased to RMB 0.53, down by 26.39% from RMB 0.72 in the previous year[17]. Asset Quality and Risk Management - The non-performing loan ratio increased to 1.82% in 2022, up by 0.41 percentage points from 1.41% in 2021[19]. - The provision coverage ratio decreased to 173.01% in 2022, down by 41.65 percentage points from 214.66% in 2021[19]. - The group's non-performing loan (NPL) balance as of December 31, 2022, was RMB 5.071 billion, with an NPL ratio of 1.82%, an increase of 0.41 percentage points from the previous year[101]. - The increase in the overall NPL ratio was primarily influenced by the economic environment and the impact of the pandemic, which weakened the repayment capacity of some customers[107]. - The group has strengthened risk management performance assessments and increased efforts in the recovery and disposal of non-performing loans[101]. Capital and Liquidity - The capital adequacy ratio was reported at 12.62%, meeting regulatory requirements[30]. - The liquidity coverage ratio significantly dropped to 267.97% in 2022, down by 158.34 percentage points from 426.31% in 2021[20]. - As of December 31, 2022, the liquidity ratio was 63.69%, net stable funding ratio was 130.87%, and liquidity coverage ratio was 267.97%[180]. - The net stable funding ratio increased from 129.44% in 2021 to 130.87% in 2022[180]. Employee and Operational Metrics - The bank operates 281 branches and has a total of 4,967 full-time employees, with an average age of 29.79 years[8]. - The bank's workforce consists of 87.54% with bachelor's and associate degrees, and 12.06% with master's degrees or higher[8]. - Employee compensation expenses for the year ended December 31, 2022, were RMB 1.819 billion, an increase of RMB 0.056 billion or 3.2% year-on-year[57]. Awards and Recognition - In 2022, the bank received multiple awards, including the "Core Dealer" and "Market Innovation Award" in the interbank currency market[10]. - The bank was recognized as the "Best City Commercial Bank" and received multiple awards for its contributions to green finance and digital transformation in 2022[14]. - The bank has been recognized for its contributions to green finance development in Jiangxi Province[10]. Digital Transformation and Innovation - The bank's digital transformation efforts resulted in over 85% of personal loans being processed online as of December 31, 2022[151]. - The bank launched a new version of its mobile banking app, enhancing digital service capabilities and customer engagement[141]. - The bank's investment business saw the proportion of standardized business increase from 74.3% to 79.1%, with bond business rising from 66.6% to 71.9%[145]. Customer and Market Engagement - The number of retail customers increased to 4.8845 million, a rise of 10.77%, with wealth management clients growing by 13.23% to 659,800[142]. - The bank's total transaction volume for acquiring merchants reached RMB 29.69 billion in 2022, with a transaction count of 143 million, reflecting a growth of 57.14%[141]. - The bank's inclusive agricultural loans reached RMB 63.85 billion, an increase of RMB 11.164 billion, representing a growth of 21.19% year-on-year[149]. Strategic Initiatives - The company emphasizes a strategy of "industry + technology + finance" to support the real economy and improve operational efficiency[164]. - The company aims to solidify its customer base and enhance revenue and profit in 2023, focusing on structural adjustments and sustainable development[163]. - The company has implemented a comprehensive credit risk management strategy, maintaining a reasonable non-performing loan ratio through enhanced risk identification and management processes[169].

Financial Performance - Net interest income increased by 8.6% to RMB 4,347.1 million in 2022 from RMB 4,002.0 million in 2021[18]. - Total operating income rose by 5.8% to RMB 5,212.1 million in 2022 compared to RMB 4,928.6 million in 2021[18]. - The bank's net profit attributable to shareholders decreased by 5.8% to RMB 1,023.7 million in 2022 from RMB 1,087.1 million in 2021[18]. - Total assets grew by 3.7% to RMB 478,446.2 million as of June 30, 2022, up from RMB 461,503.0 million at the end of 2021[19]. - Customer loans and advances net amount increased by 10.5% to RMB 268,385.4 million in 2022 from RMB 242,938.4 million in 2021[19]. - Total operating income reached RMB 5,212.1 million, an increase from RMB 4,928.6 million in the previous year[110]. Asset Quality and Risk Management - The non-performing loan ratio increased to 1.57% in 2022 from 1.41% in 2021, reflecting a 0.16 percentage point rise[19]. - The increase in non-performing loan ratios is primarily attributed to the overall economic environment and the impact of the COVID-19 pandemic, which has weakened the repayment ability of some customers[92]. - The company has strengthened risk management performance assessment and accelerated credit structure adjustment in response to rising NPL pressures[88]. - The overall loan quality remains at a controllable level despite the challenges posed by the pandemic and economic slowdown[88]. - The provision for loan impairment losses as of June 30, 2022, was RMB 8.155 billion, an increase of RMB 0.623 billion or 8.27% compared to the previous year, due to enhanced provisioning efforts[106]. Capital and Liquidity - The capital adequacy ratio was reported at 12.73%, meeting regulatory requirements[25]. - The liquidity coverage ratio improved significantly to 186.96% in 2022, compared to a previous figure of 426.31%[20]. - As of June 30, 2022, the liquidity ratio was 54.89%, the net stable funding ratio was 123.52%, and the liquidity coverage ratio was 186.96%[151]. - The balance of high-quality liquid assets was RMB 54.306 billion, with a net cash outflow of RMB 28.603 billion over the next 30 days[151]. Shareholder Structure - As of June 30, 2022, the total issued share capital of the company was 2,407,367,200 shares, including 2,000,000,000 domestic shares and 407,367,200 H shares[163]. - The top ten domestic shareholders held a total of 1,586,682,421 shares, representing 65.90% of the total issued share capital[166]. - The largest shareholder, Jiujiang Finance Bureau, holds 366,020,000 shares, accounting for 15.20% of the total issued share capital[174]. - The total number of domestic shareholders as of June 30, 2022, was 670, including 1 state-owned shareholder and 12 state-owned legal entity shareholders[165]. Strategic Positioning and Market Strategy - The bank's strategic positioning focuses on the Jiangxi region, aiming to expand into the Greater Bay Area and Yangtze River Delta[14]. - Jiujiang Bank's market strategy includes leveraging its position in the central Yangtze River economic belt for growth[14]. - The company plans to continue expanding its credit offerings to support the real economy and enhance its market position[66]. - The company plans to increase credit investment in key areas such as manufacturing, small and medium enterprises, and green sectors, aligning with local economic development and social improvement[137]. Innovation and Technology - The bank's commitment to innovation is reflected in its awards for outstanding performance in bond underwriting and market-making[16]. - The bank is actively promoting financial technology projects to enhance service efficiency and customer experience[119]. - The digital transformation initiative, referred to as "Digital Jiujiang," aims to drive high-quality sustainable development and adapt to modern economic needs through comprehensive risk management and digitalization[140]. Awards and Recognition - Jiujiang Bank received multiple awards in 2021, including "Core Dealer" and "Market Innovation Award" in the interbank currency market[15]. - The bank has been recognized for its contributions to green finance and rural revitalization efforts in Jiangxi province[15]. Employee and Operational Metrics - The bank employed 4,762 full-time staff, with an average age of 29.57 years, and 87.44% holding bachelor's or associate degrees[14]. - Operating expenses for the six months ended June 30, 2022, amounted to RMB 1.339 billion, an increase of RMB 147 million or 12.3% year-on-year, consistent with the overall growth of the group's business scale[53].