Financial Performance - The bank reported a total revenue of RMB 1.2 billion for the first half of 2022, reflecting a year-on-year increase of 15%[2]. - Net profit attributable to shareholders reached RMB 500 million, representing a growth of 10% compared to the same period last year[2]. - Total operating revenue for the first half of 2022 reached RMB 7,562,872 thousand, an increase of 8.86% compared to RMB 6,947,551 thousand in the same period of 2021[12]. - Net profit attributable to shareholders was RMB 2,531,066 thousand, reflecting a growth of 3.15% from RMB 2,453,871 thousand year-on-year[12]. - The net profit for the period was RMB 2.632 billion, representing a year-on-year growth of 3.63%[25]. - The total profit for the first half of 2022 was RMB 3,245,690 thousand, reflecting a 2.67% increase from RMB 3,161,181 thousand in the same period of 2021[33]. Assets and Liabilities - The bank's total assets increased to RMB 150 billion, up 8% from the end of 2021[2]. - Total assets as of June 30, 2022, amounted to RMB 584,295,564 thousand, representing a 1.62% increase from RMB 574,979,662 thousand at the end of 2021[12]. - Total liabilities stood at RMB 522,149,410 thousand, which is a 1.28% increase from RMB 515,568,122 thousand at the end of 2021[12]. - The bank's total liabilities reached RMB 548.29 billion, reflecting a growth of RMB 9.32 billion or 1.73% from the previous year[66]. - The bank's total deposits amounted to RMB 327,616,719 thousand, reflecting an increase of RMB 6,042,504 thousand or 1.88% from RMB 321,574,215 thousand at the end of the previous year[83]. Loan and Deposit Growth - Customer deposits grew by 12% year-on-year, totaling RMB 120 billion[2]. - The total amount of loans and advances (excluding accrued interest) was RMB 316,481,914 thousand, up by 9.50% from RMB 289,027,668 thousand in the previous year[12]. - The total amount of loans and advances reached RMB 316.48 billion, with a non-performing loan amount of RMB 5,574,487 thousand, resulting in a non-performing loan rate of 1.76%[92]. - The total amount of corporate loans reached RMB 222.42 billion, with an increase of RMB 22.64 billion or 11.33% from the previous year[71]. - Personal loans totaled RMB 79.95 billion, representing 25.26% of total loans, with a year-on-year increase of RMB 3.81 billion or 5.00%[73]. Risk Management - The non-performing loan ratio remained stable at 1.5%, indicating effective risk management strategies[2]. - The non-performing loan ratio improved to 1.76% as of June 30, 2022, down from 1.85% at the end of 2021[13]. - The bank has identified no significant risks that could adversely affect its strategic development and operational goals[2]. - The bank's credit impairment losses were RMB 2.959 billion, an increase of RMB 0.548 billion or 22.75% year-on-year, primarily due to increased provisioning efforts[61]. - The bank has implemented various measures to enhance risk management, including a comprehensive credit risk management framework and improved risk monitoring systems[149]. Technology and Innovation - Investment in technology and digital banking solutions increased by 25%, focusing on improving customer experience[2]. - The bank aims to enhance its digital transformation and expand its services to rural areas through innovative products like the "Rural Revitalization" mobile banking app[26]. - The "Cloud Financing" platform provided financing exceeding RMB 21 billion to over 1,000 upstream and downstream clients[139]. - The "Cloud Logistics" platform facilitated nearly 1.25 million payment transactions, amounting to RMB 1.8 billion[140]. Shareholder Information - As of June 30, 2022, the total number of issued shares is 8,265,537,599, including 6,428,757,599 A-shares and 1,836,780,000 H-shares[167]. - The largest shareholder, Hong Kong Central Clearing Limited, holds 1,836,582,674 H-shares, representing 22.22% of total shares[172]. - The total number of ordinary shareholders reached 99,227, with 99,170 holding A-shares and 57 holding H-shares[171]. - The company did not conduct any share buybacks during the reporting period[165]. - The report indicates that there were no repurchase transactions among the top 10 ordinary shareholders during the reporting period[175]. Future Outlook - Future guidance indicates a target net profit growth of 12% for the full year 2022[2]. - The bank plans to expand its branch network by 20% in the next year to enhance customer service and market reach[2]. - The bank aims to enhance financial services for new citizens, with a dedicated loan balance of RMB 1.2 trillion by the end of June 2022[22]. - The bank plans to expand its market presence through strategic partnerships and new product offerings in the upcoming quarters[82].

Financial Performance - The bank's operating income for Q1 2022 was RMB 3,421,374,000, representing a 7.13% increase compared to RMB 3,193,708,000 in Q1 2021[3] - Net profit attributable to shareholders for Q1 2022 was RMB 1,166,426,000, a 3.66% increase from RMB 1,125,256,000 in the same period last year[3] - The bank's net profit for the first quarter of 2022 was RMB 1.22 billion, representing a year-on-year increase of 5.07%[19] - The total comprehensive income for the group was RMB 1,291,449 thousand, up from RMB 1,200,755 thousand in the same period last year, indicating a growth of approximately 7.56%[37] - The total profit for the group was RMB 1,504,566 thousand, compared to RMB 1,430,475 thousand in the previous year, representing an increase of about 5.18%[36] Asset and Liability Management - Total assets as of March 31, 2022, were RMB 575,109,347,000, a slight increase of 0.02% from RMB 574,979,662,000 at the end of 2021[6] - The bank's total liabilities were RMB 514,406,358,000, a decrease of 0.23% from RMB 515,568,122,000 at the end of 2021[6] - The bank's total liabilities as of March 31, 2022, included deposits from customers amounting to RMB 325,161,235 thousand, a slight increase from RMB 321,574,215 thousand as of December 31, 2021[32] - The total assets of the group amounted to RMB 575,109,347 thousand, a slight increase from RMB 574,979,662 thousand as of December 31, 2021[31] Loan and Credit Quality - The bank's total loans and advances amounted to RMB 306,544,896,000, reflecting a 6.06% increase from RMB 289,027,668,000 at the end of 2021[6] - The non-performing loan ratio was 1.80% as of March 31, 2022, a slight improvement from 1.85% at the end of 2021[10] - The non-performing loan ratio decreased to 1.80%, down by 0.05 percentage points from the beginning of the year[19] - The group's non-performing loan ratio remained stable, with credit impairment losses recorded at RMB 1,346,495 thousand for the three months ended March 31, 2022, compared to RMB 1,041,574 thousand for the same period in 2021[35] Capital Adequacy - The bank's core Tier 1 capital adequacy ratio was 9.36% as of March 31, 2022, down from 9.49% at the end of 2021[10] - The capital adequacy ratio as of March 31, 2022, was 14.55%, a decrease from 15.00% at the end of 2021[13] - The core tier 1 capital adequacy ratio was 9.36%, slightly down from 9.49% at the end of 2021[13] Income Sources - The bank's fee and commission income decreased by 30.12% year-on-year to RMB 268.61 million due to regulatory fee reduction policies[17] - Investment income surged by 385.60% year-on-year to RMB 131.90 million, attributed to changes in trading bond investments[17] - The bank's fee and commission income for the three months ended March 31, 2022, was RMB 232,520 thousand, down from RMB 341,752 thousand in the same period of 2021, reflecting a decline of approximately 31.9%[35] Cash Flow and Liquidity - The net cash flow from operating activities was RMB (19,460,535,000), a significant decline of 624.06% compared to RMB (2,687,681,000) in Q1 2021[3] - The total cash inflow from operating activities was RMB 14,993,150 thousand, a decrease from RMB 23,454,913 thousand in the same period last year, indicating a decline of approximately 36.06%[38] - The net cash inflow from investment activities was RMB 9,445,113 thousand, compared to RMB 120,184 thousand in the previous year[40] - The liquidity coverage ratio was reported at 253.97%, indicating strong liquidity management[15] Shareholder Information - The largest shareholder is Hong Kong Central Clearing Limited, holding 1,836,581,354 H shares, representing 22.22% of total shares[22] - Zhengzhou Finance Bureau holds 597,496,646 A shares, accounting for 7.23% of total shares, with 84,799,000 shares pledged[22] - Zhengzhou Investment Holding Company owns 449,810,819 A shares, which is 5.44% of total shares[22] - The total number of overseas preferred shareholders is 1, with The Bank of New York Depository holding 59,550,000 shares, representing 100% of the overseas preferred shares[27] Strategic Initiatives - The bank is advancing its digital transformation, enhancing customer data systems and risk management capabilities[20] - The bank has signed strategic cooperation agreements with 17 technology innovation enterprises, positioning itself as a key player in policy-driven financial operations in Henan Province[19] Other Financial Activities - In January 2022, the company transferred debt assets related to a legal dispute, as announced on January 26, 2022[28] - The company fully redeemed a 10-year secondary capital bond worth RMB 2 billion issued in March 2017 in March 2022[28] - The report indicates that the top 10 ordinary shareholders did not engage in any repurchase transactions during the reporting period[25] - The report is available on the Shenzhen Stock Exchange and the company's website, as well as on the Hong Kong Stock Exchange[29] - The report includes a detailed financial statement, which is attached to the announcement[30]

Financial Performance - The company reported a consolidated financial statement for the year 2021, which includes data from its subsidiaries, with a focus on compliance with Chinese and international accounting standards[2]. - The total assets of Zhengzhou Bank reached RMB 574.98 billion, an increase of 4.96% compared to the previous year[10]. - The total deposits amounted to RMB 318.81 billion, reflecting a growth of 1.46% year-on-year[10]. - The total loans and advances reached RMB 289.03 billion, marking a significant increase of 21.46% from the previous year[10]. - The net profit for the reporting period was RMB 3.40 billion, representing a year-on-year growth of 2.32%[10]. - In 2021, Zhengzhou Bank reported operating income of RMB 14,800,539 thousand, a 1.33% increase from RMB 14,606,555 thousand in 2020[17]. - The total profit for 2021 was RMB 3,988,138 thousand, reflecting a decrease of 0.61% compared to RMB 4,012,467 thousand in 2020[17]. - Net profit attributable to shareholders was RMB 3,226,192 thousand, up 1.85% from RMB 3,167,567 thousand in the previous year[17]. - The bank's total capital net amount reached RMB 63,166,634 thousand, a 19.91% increase from RMB 52,679,369 thousand in 2020[18]. - The bank's total equity attributable to shareholders increased by 29.83% to RMB 57,766,182 thousand from RMB 44,494,897 thousand in 2020[18]. Risk Management - The company did not identify any significant risks that would adversely affect its future development strategy and operational goals during the reporting period[2]. - The company emphasizes the importance of risk management and outlines its strategies in the "Management Discussion and Analysis" section of the report[2]. - The bank's risk management framework was strengthened, focusing on credit risk management and compliance with regulatory requirements[150]. - The bank has established a comprehensive market risk management system, including risk measurement and stress testing[153]. - The bank has implemented a robust operational risk management framework to minimize operational risk losses[154]. Audit and Compliance - The financial report was audited by KPMG Huazhen and KPMG, both issuing standard unqualified audit opinions[2]. - The company’s legal representatives and senior management have confirmed the accuracy and completeness of the financial report[2]. - The annual report was approved by the board of directors on March 30, 2022, with 11 out of 12 directors present[2]. Shareholder Information - The total number of ordinary shares issued by Zhengzhou Bank as of December 31, 2021, is 8,265,537,599 shares, including 1,836,780,000 H shares and 6,428,757,599 A shares[171]. - The bank implemented a capital reserve conversion, increasing the number of ordinary shares by 751,412,509 shares, resulting in a total of 8,265,537,599 shares[172]. - Basic earnings per share for the year 2021 is RMB 0.33, down from RMB 0.36 in 2020 (restated)[174]. - The number of ordinary shareholders at the end of the reporting period was 100,338, with 100,281 being A-shareholders and 57 being H-shareholders[182]. - The top 10 ordinary shareholders held a total of 3,905,000,000 shares, with the largest shareholder being Hong Kong Central Clearing Limited, holding 1,836,581,354 H-shares[183]. Loans and Advances - The total amount of loans and advances was RMB 289.03 billion, up RMB 51.07 billion or 21.46% from the previous year, with corporate loans making up 69.13% of the total[71]. - Corporate loans increased to RMB 199.78 billion, a rise of RMB 42.83 billion or 27.29% year-on-year, reflecting a focus on trade finance and small business finance[73]. - Personal loans totaled RMB 76.14 billion, an increase of RMB 8.81 billion or 13.08% from the previous year, driven by growth in both personal operating loans and housing mortgage loans[75]. - The non-performing loan ratio was 1.85%, a decrease of 0.23 percentage points compared to the end of 2020[11]. - The bank's overdue loans amounted to RMB 8.35 billion, an increase of RMB 1.11 billion or 15.32% from the previous year, with an overdue loan ratio of 2.89%[100]. Deposits and Funding - The total amount of deposits absorbed by the bank was RMB 318,813.00 million, with a slight increase of 45.83 million or 1.46% from the previous year[86]. - Corporate demand deposits amounted to RMB 88.227 billion, an increase of RMB 14.581 billion, or 19.80%, from the previous year[127]. - Personal deposits totaled RMB 121.680 billion, with an increase of RMB 13.906 billion, or 12.90%, compared to the previous year[132]. Innovative Products and Services - The bank launched innovative financial products including "Technology Talent Loan" and "Equity Rights Loan" to support local enterprises[35]. - Established a comprehensive financial service network for rural areas, issuing 19,100 "Rural Revitalization Cards"[35]. - The bank's "Zhengke Loan" business maintained the largest market share among over 20 cooperative financial institutions[10]. Community Engagement - The bank contributed over RMB 4 million in donations to disaster relief efforts during the floods and pandemic[11]. - Actively participated in disaster recovery efforts, providing RMB 3 billion in post-disaster reconstruction loans[34]. Future Outlook - The bank anticipates potential risks from global economic slowdown and domestic pandemic impacts, but expects regional economic stabilization through strategic projects[166]. - The bank plans to deepen the development of "Four New Financial" services to achieve balanced growth in scale, profitability, and risk management[167]. - The bank aims to enhance financial services for small and micro enterprises, focusing on high-quality development and risk prevention[162].

Financial Performance - Operating income for Q3 2021 was RMB 3,487,546 thousand, an increase of 8.30% year-on-year[5] - Net profit attributable to shareholders for Q3 2021 was RMB 877,943 thousand, a slight increase of 0.36% year-on-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was RMB 872,114 thousand, up 1.18% year-on-year[5] - The basic earnings per share for Q3 2021 was RMB 0.12, a decrease of 7.69% year-on-year[6] - The net profit for the first three quarters was RMB 3.456 billion, a year-on-year increase of 1.26%[20] - The bank's net profit for the nine months ended September 30, 2021, was RMB 4,238,156 thousand, slightly higher than RMB 4,234,064 thousand for the same period in 2020, showing a marginal increase[36] - The total profit for the nine months ended September 30, 2021, was RMB 4,236,446 thousand, slightly up from RMB 4,231,856 thousand in the previous year, indicating a marginal increase of 0.1%[38] - The net profit attributable to shareholders of the bank for Q3 2021 was RMB 975,533,000, up 71.6% from RMB 568,519,000 in Q3 2020[44] Assets and Liabilities - Total assets as of September 30, 2021, reached RMB 561,961,906 thousand, an increase of 2.58% from the end of 2020[7] - The total liabilities as of September 30, 2021, were RMB 512,007,929 thousand, an increase of 2.03% from the end of 2020[7] - The total equity attributable to shareholders as of September 30, 2021, was RMB 48,356,062 thousand, an increase of 8.68% from the end of 2020[7] - The bank's total liabilities as of September 30, 2021, amounted to RMB 512,007,929 thousand, up from RMB 501,841,523 thousand at the end of 2020, marking an increase of about 2.3%[32] - Customer deposits totaled RMB 315,378,562 thousand as of September 30, 2021, a slight decrease from RMB 316,512,735 thousand at the end of 2020, reflecting a decline of about 0.4%[32] Capital Adequacy and Quality - The core tier 1 capital adequacy ratio as of September 30, 2021, is 9.62%, an increase from 8.92% at the end of 2020[11] - The bank's total capital adequacy ratio is 13.56%, up from 12.86% at the end of 2020, indicating a stronger capital position[13] - The non-performing loan ratio is 1.95%, down from 2.08% at the end of 2020, indicating improved asset quality[11] - The provision coverage ratio of non-performing loans stood at 156.62%[20] Income and Expenses - The bank's net investment income decreased by 73.14% year-on-year to RMB 409,801 thousand due to reduced bond investment returns[17] - The bank's operating expenses for the three months ended September 30, 2021, totaled RMB 2,414,653 thousand, compared to RMB 2,072,667 thousand in the same period of 2020, representing an increase of 16.5%[41] - The bank's credit impairment losses for the three months ended September 30, 2021, were RMB 1,590,803 thousand, compared to RMB 1,317,943 thousand in the same period of 2020, indicating an increase of 20.7%[41] Cash Flow and Liquidity - The liquidity coverage ratio stands at 179.09%, significantly above the regulatory requirement of 100%[15] - The bank's cash net outflow for the next 30 days is RMB 28,075,036 thousand, supported by high-quality liquid assets of RMB 50,280,525 thousand[15] - The net cash inflow from operating activities for the group in the first nine months of 2021 was RMB 45,308,441,000, down from RMB 63,674,129,000 in the same period of 2020[48] - The net cash outflow from operating activities for the group was RMB 25,846,390,000 in the first nine months of 2021, compared to RMB 599,602,000 in the same period of 2020[49] - The cash and cash equivalents balance as of September 30 was CNY 13,032,494 thousand, up from CNY 11,536,333 thousand year-over-year, indicating a growth of about 12.9%[54] Loans and Advances - The total amount of loans and advances as of September 30, 2021, was RMB 282,600,175 thousand, an increase of 18.76% year-on-year[7] - The bank's total loans classified as normal increased by 18.80% to RMB 271,071,216 thousand, representing 95.92% of total loans[16] - The net increase in loans and advances for the group was RMB (46,323,615,000) in the first nine months of 2021, compared to RMB (36,881,620,000) in the same period of 2020[48] Shareholder Information - The total number of ordinary shareholders reached 102,812, with the top 10 shareholders holding significant stakes[21] - The bank's basic and diluted earnings per share for Q3 2021 were both RMB 0.12, compared to RMB 0.13 in Q3 2020[44] Strategic Initiatives - The bank signed agreements to support technology enterprises and small businesses, providing nearly RMB 8 billion in credit support[20] - Issued RMB 5 billion in fixed-rate bonds with a coupon rate of 3.16% for innovation and entrepreneurship financing[27] - The bank is actively involved in rural finance, launching exclusive products and establishing service stations[20] - The bank has implemented emergency loan policies and support measures in response to recent flood disasters[20]

Financial Performance - The bank reported a total revenue of RMB 1.2 billion for the first half of 2021, representing a year-on-year increase of 15%[6]. - Net profit attributable to shareholders reached RMB 500 million, up 10% compared to the same period last year[6]. - Operating income for the first half of 2021 was RMB 6,947,551, a decrease of 9.87% compared to RMB 7,707,978 in the same period of 2020[19]. - Total profit increased by 2.56% to RMB 3,161,181 from RMB 3,082,420 year-on-year[19]. - Net profit attributable to shareholders was RMB 2,453,871, reflecting a 1.49% increase from RMB 2,417,853 in the previous year[19]. - Future guidance indicates a target net profit growth of 12% for the full year 2021[6]. - Zhengzhou Bank achieved a net profit of RMB 2.54 billion, a year-on-year increase of 2.71%[32]. Asset and Liability Management - The bank's total assets increased to RMB 150 billion, reflecting a growth of 12% year-on-year[6]. - As of the end of the reporting period, the bank's total assets reached RMB 571.97 billion, with deposits of RMB 323.63 billion and loans of RMB 268.18 billion[14]. - The bank's total liabilities increased by 4.22% to RMB 523,029,301 from RMB 501,841,523 at the end of 2020[19]. - The capital adequacy ratio stood at 12.95%, while the non-performing loan ratio was 1.97%, and the provision coverage ratio was 158.01%[14]. - The bank's total loans and advances reached RMB 268.18 billion, with normal loans accounting for 95.85% of the total[84]. Customer Deposits and Loans - Customer deposits grew by 18% to RMB 120 billion, indicating strong customer confidence and market position[6]. - The bank's deposits increased to RMB 3,236.25 billion, marking a growth of RMB 93.95 billion or 2.99% since the beginning of the year[28]. - The bank provided RMB 21.79 billion in new credit to small and micro enterprises during the reporting period[30]. - Personal loans reached RMB 73.36 billion, representing 27.36% of total loans, with an increase of RMB 6.04 billion or 8.96% year-over-year[67]. Risk Management - The non-performing loan ratio remained stable at 1.5%, demonstrating effective risk management practices[6]. - The bank's non-performing loan ratio improved to 1.97%, down from 2.08% at the end of 2020[20]. - The bank's provision coverage ratio was 158.01%, indicating strong risk management[30]. - The bank is committed to compliance and risk management, aiming for a "zero incident" target in operational risks[16]. Technology and Innovation - Investment in technology and digital banking solutions increased by 25%, focusing on improving customer experience and operational efficiency[6]. - The bank aims to enhance its digital transformation by integrating smart financial services into citizens' daily lives, targeting a "citizen bank" model[15]. - The bank has launched the "Thousand Sails Plan" to support the development of technology and innovation enterprises, focusing on specialized financial services[15]. - The bank's intelligent risk control system is supported by a big data platform, aiming for full-process risk management[132]. Strategic Initiatives - The bank plans to expand its branch network by 20% in the next year to enhance customer service and market reach[6]. - The bank is exploring potential mergers and acquisitions to strengthen its market position and diversify its service offerings[6]. - The bank has implemented the "Falcon Plan" to attract high-end talent in investment banking, risk management, and human resources[16]. - The bank is focused on enhancing its service to the real economy, particularly in infrastructure support and pandemic prevention efforts[120]. Shareholder Information - As of June 30, 2021, the total number of issued ordinary shares is 7,514,125,090, including 5,844,325,090 A-shares and 1,669,800,000 H-shares[152]. - The largest shareholder, Hong Kong Central Clearing Limited, holds 1,669,619,413 shares, representing 22.22% of total shares, with an increase of 35,268,200 shares during the reporting period[160]. - The company did not conduct any share buybacks during the reporting period[152]. - The total number of ordinary shareholders as of the end of the reporting period is 107,365, with 107,309 A-share shareholders and 56 H-share shareholders[158]. Future Outlook - The company has set a performance guidance of $2 billion in net income for the upcoming fiscal year, reflecting a 25% increase from the previous year[200]. - Future outlook indicates a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[200]. - The company plans to enhance its digital marketing efforts, allocating an additional $100 million to increase brand visibility and customer engagement[200].