Financial Performance - Operating revenue for the first half of 2022 was RMB 13,490.7 million, a decrease of 14.63% compared to RMB 15,802.9 million in the same period of 2021[9]. - Pre-tax profit decreased by 25.20% to RMB 5,026.8 million from RMB 6,720.8 million year-on-year[9]. - Net profit for the first half of 2022 was RMB 4,402.9 million, down 17.62% from RMB 5,344.6 million in the previous year[9]. - Basic earnings per share attributable to ordinary shareholders decreased by 16.67% to RMB 0.25 from RMB 0.30[9]. - Total operating income fell to CNY 13.49 billion, a decline of 14.63% year-on-year[28]. - Net profit for the period was CNY 4.40 billion, down 17.62% from CNY 5.34 billion in the previous year[28]. - The bank's retail banking business generated RMB 4.83 billion in operating income, down 14.26% from RMB 5.63 billion in the first half of 2021[71]. Asset and Liability Management - Total assets increased by 5.01% to RMB 1,662,017,088 thousand as of June 30, 2022, compared to RMB 1,582,707,598 thousand at the end of 2021[10]. - Total liabilities rose by 5.18% to RMB 1,552,593,842 thousand, up from RMB 1,476,143,521 thousand[10]. - The company's total liabilities reached RMB 1,552.59 billion, growing by 5.18% year-on-year, primarily due to increased deposits and issued bonds[60]. - Total deposits amounted to RMB 875.29 billion, reflecting a growth of 4.73% from the previous year-end[62]. Loan and Credit Quality - Total loans and advances increased by 3.33% to RMB 987,180,451 thousand from RMB 955,355,247 thousand[10]. - Non-performing loan ratio remained stable at 1.76% as of June 30, 2022, unchanged from the end of 2021[12]. - The non-performing loan balance was RMB 17.343 billion, with a non-performing loan ratio of 1.76%, remaining stable compared to the previous year[25]. - The provision for loan impairment for the six months ended June 30, 2022, was RMB 2,585,271 thousand, significantly lower than RMB 6,173,687 thousand for the same period in 2021, indicating a decrease of 58%[82]. Capital Adequacy and Risk Management - Capital adequacy ratio decreased by 0.83 percentage points to 11.52% as of June 30, 2022, down from 12.35% at the end of 2021[12]. - The core tier 1 capital adequacy ratio stood at 8.26%, while the total capital adequacy ratio was 11.52%, all meeting regulatory requirements[66]. - The bank's leverage ratio decreased to 5.45% as of June 30, 2022, from 5.66% at the end of 2021[70]. - The bank's comprehensive risk management system aims to improve the effectiveness and foresight of risk management practices[114]. Digital Transformation and Technology Investment - The bank aims to increase the proportion of digital talent to 20% across the organization[19]. - The bank's technology investment reached CNY 505.29 million, reflecting a commitment to digital transformation and innovation[112]. - The bank is focusing on digital banking transformation through the development of new platforms, including mobile banking and a digital marketing platform[112]. - The bank launched the mobile banking version 6.0 in June 2022, significantly enhancing user experience and security features, resulting in a threefold increase in new registered users in July compared to the average monthly growth in the first half of the year[108]. Strategic Initiatives and Future Outlook - The bank's strategic plan for 2021-2025 is referred to as the "Four Five" plan[7]. - The bank plans to increase support for the real economy, focusing on risk management and digital transformation in the second half of 2022[142]. - The bank is committed to promoting inclusive finance, green finance, and financial services for rural revitalization in its future strategies[142]. - The bank's strategic focus includes leveraging opportunities from the Belt and Road Initiative and the Greater Bay Area development[113]. Shareholder and Governance Structure - The total number of ordinary shares remained unchanged at 17,762,000,000, with domestic shares accounting for 65.09% and H shares for 34.91%[145]. - The company has a significant shareholder structure with multiple controlled entities and beneficial owners[154]. - The board of directors consists of 15 members, including 4 executive directors[156]. - The company has six independent non-executive directors, ensuring they constitute at least one-third of the board, fulfilling their duties with integrity and diligence[173]. Employee and Training Development - The company has a total of 12,102 employees as of the reporting period, an increase of 276 from the previous year[161]. - The bank has established a training system that includes internal and external instructors to meet various training needs[166]. - The bank's training programs are designed to cover the growth needs of employees through various forms of training[166]. - The employee structure includes 22.27% aged 30 or below, 30.17% aged 31 to 35, and 5.29% aged 50 or above[162].

Financial Performance - Total assets reached CNY 1,582.708 billion, an increase of CNY 189.184 billion, representing a year-on-year growth of 13.58%[12]. - Total liabilities amounted to CNY 1,476.144 billion, up CNY 185.866 billion, with a year-on-year increase of 14.41%[12]. - Net profit for the year was CNY 8.630 billion, an increase of CNY 0.185 billion, reflecting a growth of 2.19% compared to the previous year[12]. - Operating income for 2021 was RMB 29,194,364, a decrease of 10.15% compared to RMB 32,492,170 in 2020[19]. - Pre-tax profit increased by 2.17% to RMB 10,303,797 from RMB 10,085,092 in 2020[19]. - The net interest margin decreased by 0.57 percentage points to 1.61% in 2021[21]. - The net interest income decreased to RMB 25.18 billion, down by 11.58% compared to the previous year[33]. - The bank's total operating income was RMB 29.19 billion, a decrease of 10.15% compared to the previous year[33]. Risk Management - The report includes a detailed description of the main risks faced in management and the measures taken to address them[7]. - The bank emphasizes the importance of risk management and compliance in its operational strategy[14]. - The bank's non-performing loan ratio improved to 1.76%, a decrease of 0.01 percentage points from the beginning of the year[12]. - The bank's provisions for loan losses were RMB 22.83 billion, with a coverage ratio of 135.63%[31]. - The bank has established a three-line defense risk control system, ensuring comprehensive risk management responsibilities across various departments[127]. - The bank's risk management framework includes real-time monitoring of large corporate clients and a proactive approach to risk resolution[128]. - The bank has implemented a unified comprehensive credit approval system, enhancing credit risk management across eight key systems[129]. Compliance and Governance - The company emphasizes compliance as a core operational principle, continuously strengthening internal control and compliance construction[9]. - The financial report for 2021 was audited by KPMG Huazhen and KPMG, both issuing standard unqualified opinions[7]. - The company is committed to enhancing data security, implementing a "zero trust" network security architecture, and improving its security monitoring and response capabilities[121]. - Compliance risk management involves a comprehensive approach with clear responsibilities across the board, ensuring adherence to applicable laws and regulations[156]. - The bank's compensation policy is reviewed by the board's nomination and compensation committee, ensuring alignment with performance and risk management[190]. Strategic Planning - The report outlines the company's strategic planning for 2021-2025, focusing on sustainable development[5]. - The bank aims to transition towards retail banking, transaction banking, and light banking, aligning with national strategies and macroeconomic trends[11]. - The bank's strategic vision includes creating sustainable value for shareholders and fulfilling corporate responsibilities[26]. - The bank plans to enhance its financial technology and innovation capabilities, focusing on seven key infrastructure projects for development[13]. - The bank aims to enhance its ecological banking service capabilities by integrating financial services through various digital channels, including APIs and mini-programs[115]. Shareholder Information - The total number of ordinary shares remained unchanged at 17,762,000,000 shares, with domestic shares accounting for 65.09% and H shares for 34.91%[172]. - The top ten shareholders hold a total of 12,000,000,000 shares, representing approximately 67.6% of the total ordinary shares[173]. - Tianjin TEDA Investment Holding Co., Ltd. is the largest shareholder, holding 3,612,500,000 shares, which is 20.34% of the total[173]. Awards and Recognition - The bank received the "Annual Financial Technology" award at the 12th China Financial Golden Ding Awards[16]. - Bohai Bank was awarded "Outstanding Innovative Capability Commercial Bank" at the 13th Golden Bridge Awards[17]. - The bank was recognized as "Best Customer Service Award" in the 10th Financial界 Leading China "Golden Intelligence Award" annual selection[17]. - The bank's reputation risk management system has been strengthened, resulting in multiple awards, including "Annual Low Carbon Bank" and "Annual Financial Technology Progress," and a ranking improvement to 111th in the "2021 Global Bank 1000" list[159]. Technology and Innovation - The bank's financial technology system is designed to drive comprehensive digital transformation, enhancing operational efficiency[27]. - The bank's technology team grew to 709 personnel, a 75% increase year-on-year, with a target to achieve a leading industry level of technology talent during the "14th Five-Year Plan" period[120]. - The bank is leveraging robotic process automation (RPA) and machine learning to enhance customer service through intelligent product recommendations[114]. - The bank's new mobile banking version entered the public testing phase and is set to be officially launched in 2022, enhancing digital financial capabilities[113]. Customer Engagement - The bank's retail banking business targets MAU and AUM management, aiming to enhance customer value through personalized services[26]. - The total number of ordinary shares remained unchanged at 17,762,000,000 shares, with domestic shares accounting for 65.09% and H shares for 34.91%[172]. - The bank's customer service center achieved a call diversion rate of 65.22%, with intelligent customer service interactions reaching 692,800, a year-on-year increase of 12.05%[104]. - The bank aims to create a differentiated and agile banking culture, focusing on customer-first processes and actively participating in social welfare initiatives[166].

Financial Performance - Total assets reached CNY 1,393.52 billion, an increase of CNY 276.59 billion or 24.76% compared to the previous year[13]. - Total liabilities amounted to CNY 1,290.28 billion, up CNY 255.99 billion or 24.75% year-on-year[13]. - Net assets increased to CNY 103.25 billion, reflecting a growth of CNY 20.61 billion or 24.94% from the previous year[13]. - Operating income was CNY 32.49 billion, an increase of CNY 4.11 billion or 14.50% year-on-year[13]. - Net profit for 2020 was RMB 8,444.57 million, up by 3.07% from RMB 8,192.76 million in 2019[25]. - Pre-tax profit for 2020 reached RMB 10,085.09 million, reflecting a growth of 1.85% from RMB 9,901.85 million in the previous year[25]. - The net cash flow from operating activities was RMB 52,085.41 million, a significant recovery from a negative cash flow of RMB (41,679.52) million in 2019[25]. - Basic earnings per share for 2020 decreased to RMB 0.47, down by 17.54% from RMB 0.57 in 2019[25]. - The average return on total assets was 0.60%, a decline of 0.16 percentage points from 0.76% in 2019[25]. - The weighted average return on net assets was 10.68%, down by 3.03 percentage points from 13.71% in the previous year[25]. Risk Management - The company is committed to comprehensive risk management, addressing major risks faced in its operations[10]. - The bank aims to enhance its risk management and continue its high-quality transformation in 2021, focusing on serving the real economy and preventing financial risks[13]. - The bank's risk management framework consists of three lines of defense, ensuring effective risk management across all departments[140]. - The bank is implementing a comprehensive risk management system, focusing on various types of risks including credit, liquidity, market, operational, and compliance risks[141]. - The bank's liquidity risk management framework includes a centralized management model to ensure compliance with liquidity regulatory indicators[144]. - The bank's non-performing loan ratio stands at 1.77%, indicating stable asset quality[143]. Compliance and Regulatory - The company emphasizes its compliance with regulatory requirements set by the China Banking and Insurance Regulatory Commission[8]. - The bank is committed to maintaining compliance with regulatory requirements while continuously improving the effectiveness of its risk management practices[141]. - The bank has actively fulfilled anti-money laundering obligations, implementing new regulations and conducting comprehensive customer identity checks to mitigate money laundering risks[163]. Strategic Planning - The company’s strategic planning for 2021-2025 is outlined in the "Four Five" plan[9]. - The bank is focused on expanding its ecological banking model, integrating core services into collaborative platforms to create a win-win ecosystem[170]. - The bank aims to become the "best experience modern financial steward," providing comprehensive financial management solutions and actively supporting national strategic projects[168]. Shareholder Information - The total number of ordinary shares increased from 14.45 billion to 17.76 billion, with H shares accounting for 34.91% of the total by the end of 2020[178]. - The top shareholder, Tianjin TEDA Investment Holding Co., Ltd., holds 3.61 billion shares, representing 20.34% of the total[179]. - The major shareholders of Bohai Bank do not have any pledged or frozen shares, except for Tianjin TEDA Investment Holding Co., Ltd., which pledged 1 billion shares[187]. Awards and Recognition - The bank received the "2020 Excellent Digital Bank" award at the Golden Jubilee Awards, recognizing its advancements in digital banking[23]. - The bank was awarded the "2020 Annual Contribution to Inclusive Finance" and "Annual Financial Technology Progress" at the China Golden Ding Awards[24]. Technology and Innovation - The company invested 560 million yuan in technology throughout the year, focusing on building a unified application platform and a big data service platform to facilitate digital transformation[136]. - The bank has formed a strategic partnership with Alibaba Cloud to enhance core technology research and deployment, laying a solid foundation for further technological innovation[170]. - The bank is leveraging a technology-driven approach to optimize customer service and operational efficiency, enhancing the overall banking experience[170]. Customer Service and Experience - The bank's customer service center ensured 24/7 service availability, with a problem identification rate of 96.01% in the intelligent customer service channel[121]. - The bank's strategy includes enhancing customer service through online channels and targeted marketing to adapt to the pandemic's impact[115]. Economic Outlook - The bank anticipates that China's economy will maintain a recovery trend in 2021, driven by exports, infrastructure, and domestic circulation[173]. - The monetary policy will remain stable and neutral, with a focus on maintaining liquidity balance and preventing financial risks, as social financing and M2 growth rates gradually decline[174].

Financial Performance - Operating income for the first half of 2020 reached RMB 16,045,199 thousand, an increase of 19.25% compared to RMB 13,454,705 thousand in the same period of 2019[21]. - Pre-tax profit was RMB 6,285,339 thousand, reflecting a growth of 3.38% from RMB 6,079,868 thousand year-on-year[21]. - Net profit amounted to RMB 5,046,711 thousand, up by 2.52% from RMB 4,922,793 thousand in the previous year[21]. - Basic earnings per share attributable to shareholders was RMB 0.35, a 2.94% increase from RMB 0.34 in the same period last year[21]. - The bank's net profit for the reporting period was RMB 5.05 billion, a year-on-year increase of 2.52%[32]. - Interest income for the period was RMB 29.17 billion, representing an 18.97% year-on-year growth[42]. - The bank's operating income for the first half of 2020 was RMB 16.05 billion, with a pre-tax profit of RMB 6.29 billion, compared to RMB 13.45 billion and RMB 6.08 billion respectively in the same period of 2019[76]. Asset and Liability Management - Total assets increased by 13.49% to RMB 1,267,627,207 compared to the end of 2019[22]. - Total liabilities reached RMB 1,180.10 billion, an increase of 14.10% compared to the beginning of the year[29]. - The bank's total equity was RMB 87.52 billion, up by RMB 4.88 billion, representing a growth of 5.91% due to increased net profit during the reporting period[69]. - The bank's total general and administrative expenses were RMB 616.63 million, a decrease of 2.25% compared to the previous year[55]. Loan and Deposit Growth - Total loans and advances rose by 15.55% to RMB 818,159,922 from the previous year[22]. - Total deposits increased by 18.77% to RMB 757,655,272 compared to the end of 2019[22]. - Customer deposits totaled RMB 757.66 billion, reflecting an 18.77% increase from the beginning of the year[29]. - The total amount of loans and advances (including discounts) was RMB 818.16 billion, reflecting a growth of 15.55% year-to-date[60]. Risk Management - The bank faces various operational risks and has implemented measures to manage these risks, detailed in the report[18]. - Non-performing loan ratio remained stable at 1.78% compared to the end of 2019[24]. - Provision coverage ratio increased by 0.25 percentage points to 187.98% compared to the end of 2019[24]. - The bank's non-performing loan ratio stands at 1.78%, indicating stable asset quality and controllable overall credit risk[119]. - The bank has established a three-line defense risk control system to manage various types of risks effectively[117]. Capital Adequacy - Capital adequacy ratio decreased by 1.64 percentage points to 11.43% compared to the end of 2019[24]. - The core tier 1 capital adequacy ratio stood at 7.85%, while the tier 1 capital adequacy ratio was 10.18% and the total capital adequacy ratio was 11.43%, all meeting regulatory requirements[71]. Strategic Planning - The bank's strategic planning for 2021-2025 is referred to as the "Four Five" plan[16]. - The bank aims to enhance customer experience and expand its financial service ecosystem[26]. - The bank is focusing on transforming into a retail and transaction banking model for high-quality development[26]. Employee and Governance - As of the end of the reporting period, the bank had a total of 9,862 employees, with a gender distribution of 4,735 male employees (47.8%) and 5,127 female employees (52.2%)[162]. - The bank's board of directors consists of 18 members, including 4 executive directors and 6 independent non-executive directors[157]. - The bank's governance structure has improved, with 49 resolutions passed in board meetings[171]. Compliance and Regulatory Matters - The bank did not engage in any significant related party transactions during the reporting period, adhering to the minimum exemption levels set by the Hong Kong Stock Exchange[184]. - The bank has not faced any significant penalties from regulatory authorities during the reporting period[186]. - The bank's compliance risk management system was strengthened, ensuring adherence to applicable laws and regulations, with a focus on proactive risk identification and mitigation[138].