Financial Performance - The bank plans to allocate 10% of its audited net profit for 2022, amounting to RMB 586 million, to statutory surplus reserves[6]. - A cash dividend of RMB 0.29 per share (before tax) is proposed, pending approval at the 2022 annual general meeting[6]. - The bank's financial report for 2022 has been audited by KPMG and received a standard unqualified opinion[6]. - Operating income for 2022 was RMB 13,235,957 thousand, representing a year-on-year increase of 1.84%[28]. - Pre-tax profit reached RMB 6,284,062 thousand, up 4.92% compared to the previous year[28]. - Net profit for 2022 was RMB 6,082,525 thousand, reflecting a growth of 6.66% year-on-year[28]. - Total assets as of the end of 2022 amounted to RMB 657,689,972 thousand, an increase of 10.84% from the previous year[30]. - Customer loans and advances totaled RMB 331,997,701 thousand, marking an 11.37% increase year-on-year[30]. - The average return on total assets for 2022 was 0.97%, a decrease of 0.03 percentage points from the previous year[31]. - The average return on equity was 11.72%, down 1.15 percentage points compared to 2021[31]. - The net interest margin for 2022 was 1.89%, a slight decrease of 0.01 percentage points from the previous year[31]. - The cost-to-income ratio increased to 34.78%, up 0.60 percentage points year-on-year[31]. - Earnings per share for 2022 was RMB 0.86, a decrease of 7.53% compared to the previous year[29]. Risk Management - The bank has not identified any significant risks that could adversely affect its future development strategy and operational goals[6]. - The report includes a detailed description of the main risks faced by the bank and the measures taken to address them[6]. - The company has established a comprehensive risk management system based on compliance and risk control[12]. - The company has a robust governance structure with a diverse equity composition, ensuring effective management and stability[25]. - The company has established a comprehensive risk management framework, ensuring risk tolerance aligns with capital adequacy levels[144]. - The bank's liquidity risk management strategy effectively maintained liquidity risk within acceptable limits, with no significant liquidity risk events reported during the period[146]. - The bank's total credit risk was well-controlled, with the non-performing loan ratio maintained within management targets[145]. Strategic Initiatives - The company aims to enhance rural revitalization through the "133" project, focusing on high-quality agriculture, livable rural areas, and farmer prosperity[10]. - The "1+12348" strategic plan targets high-quality development by leveraging digitalization and group operations, with a focus on technology, talent, and capital as key drivers[10]. - The company is committed to a regional group operation strategy, focusing on the Guangdong-Hong Kong-Macao Greater Bay Area, with a new operational framework[12]. - The company is actively pursuing new product development and technological advancements to enhance its service offerings[12]. - The company plans to expand its market presence through strategic partnerships and potential acquisitions[12]. - The bank's management is focused on digital transformation and group development, aiming to enhance core competitiveness and achieve high-quality growth[128]. Customer Engagement and Services - The company reported a significant increase in user engagement, extending financial services to the entire industrial chain, supply chain, and value chain[12]. - The company aims to build a regional modern agricultural commercial bank group, focusing on high-quality development led by strong party governance[23]. - The company focuses on core customer groups, including modern agriculture, advanced manufacturing, and small and micro enterprises, to create a vibrant customer ecosystem[24]. - The company has established partnerships with 597 grassroots party organizations in villages, achieving a 100% coverage rate for party-building initiatives[192]. - The bank's rural financial service center has deployed nearly 4,000 financial service personnel to enhance financial service accessibility in rural areas[191]. Loan and Asset Quality - Non-performing loan ratio stood at 0.90% with a provision coverage ratio of 373.83%, reflecting strong asset quality and stable risk management[15]. - Loans to the manufacturing sector reached RMB 48.3 billion, an increase of 22.84% year-on-year, highlighting the commitment to support the real economy[16]. - Loans for rural revitalization exceeded RMB 66.7 billion, up 18.51% from the beginning of the year, demonstrating a focus on agricultural finance[16]. - The total amount of loans and advances as of December 31, 2022, was RMB 331.99 billion, with a non-performing loan (NPL) amount of RMB 2.87 billion, resulting in an NPL ratio of 0.90%[102]. - The total amount of mortgage loans was RMB 170.43 billion, with an NPL ratio of 0.83%[104]. - The total amount of guaranteed loans was RMB 84.45 billion, with an NPL ratio of 0.53%[104]. Digital Transformation - The bank's digital transformation strategy aims to create a "smart digital bank" with a focus on organizational innovation and data governance[168]. - The bank has launched 16 data empowerment projects and developed 20 self-researched machine learning algorithm models, marking a significant innovation breakthrough[129]. - The bank's smart customer service systems have improved operational efficiency in marketing, risk warning, and overdue collection[169]. - The bank has built a data governance framework and completed the planning for a data middle platform to enhance operational efficiency[168]. - The bank's new organizational structure for digital transformation includes a dedicated data management team to standardize and professionalize data management[168]. Community and Social Responsibility - The company has donated RMB 10.3612 million to support educational initiatives as part of its poverty alleviation efforts[184]. - The total amount allocated for relief assistance reached RMB 9.613 million, actively participating in rural revitalization projects[184]. - The company conducted 1,513 consumer protection education activities, reaching 2.1788 million consumers in 2022[183]. - The bank organized nearly 4,000 personnel to conduct over 600 volunteer activities in rural areas, promoting financial literacy and support[180].

Financial Performance - Dongguan Rural Commercial Bank reported a net profit of RMB 5.86 billion for the year 2022, with a proposed cash dividend of RMB 0.29 per share[5]. - The bank plans to allocate 10% of its net profit, amounting to RMB 5.86 billion, to statutory surplus reserves and general reserves[5]. - Total assets of the group reached RMB 657.69 billion, with total deposits at RMB 459.16 billion and total loans at RMB 331.99 billion, maintaining industry leadership in the region[14]. - Net profit for the group was RMB 6.083 billion, representing a growth of 6.66%, with ROA and ROE at 0.97% and 11.72% respectively, indicating stable operational efficiency and improving profitability[14]. - Operating income for 2022 was RMB 13,235,957 thousand, an increase of 1.84% compared to RMB 12,996,314 thousand in 2021[27]. - Net profit for 2022 reached RMB 6,082,525 thousand, reflecting a growth of 6.66% from RMB 5,702,920 thousand in 2021[27]. - The average return on total assets for 2022 was 0.97%, down from 1.00% in 2021[30]. - The net interest margin for 2022 was 1.89%, slightly decreased from 1.90% in 2021[30]. - The cost-to-income ratio for 2022 was 34.78%, an increase from 34.18% in 2021[30]. Risk Management - The bank's management has emphasized the importance of risk management and has detailed the main risks faced during operations in the management discussion section[5]. - The board of directors has not identified any significant risks that could adversely affect the bank's future development strategy and operational goals[5]. - The company is committed to compliance and risk control as part of its comprehensive risk management framework[9]. - The company has implemented a comprehensive risk management system, ensuring asset quality remains at a high level while promoting sustainable business development[24]. - The bank's non-performing loan ratio stood at 0.90%, with a provision coverage ratio of 373.83%, reflecting strong asset quality and manageable overall risk[14]. - The bank's non-performing loan ratio was controlled within the management target, indicating effective credit risk management[144]. - The company has implemented strict asset quality assessments in response to external economic pressures, including U.S. tightening policies and the Russia-Ukraine conflict[96]. Digital Transformation - The bank aims to enhance digital transformation by improving data analysis, precision marketing, and intelligent risk control capabilities, aiming to create a smart digital banking experience[16]. - The bank's digital transformation strategy aims to create a "smart digital bank," with a focus on organizational innovation and data governance[167]. - The bank has increased the efficiency of account opening for corporate and individual customers by 62% and 38% respectively[168]. - The company is accelerating its digital transformation through financial technology innovations, aiming to create a "smart digital bank"[24]. - The bank has built a digital ecosystem by integrating various online financial services to meet diverse customer needs[167]. Customer Service and Market Strategy - The company aims to strengthen its core competitiveness through a "four pillars and eight columns" system, focusing on customer management, core business, risk management, and organizational management[9]. - The company is committed to providing comprehensive financial services to strategic emerging industries and small and micro enterprises, aiming to alleviate financing difficulties[15]. - The company aims to enhance financial services through digital and intelligent means, focusing on product innovation and marketing[198]. - The company has established a governance mechanism that includes a core leadership committee, shareholder meetings, a strategic decision-making board, and a supervisory board to enhance risk management and decision-making processes[187]. - The bank's retail customer base reached 19.99 million, an increase of 420,200 customers or 2.15% year-on-year[131]. Loans and Financing - Loans to the manufacturing sector exceeded RMB 48.3 billion, an increase of 22.84% from the beginning of the year, highlighting the bank's commitment to supporting the real economy[15]. - Loans for rural revitalization exceeded RMB 66.7 billion, up 18.51% year-to-date, demonstrating the bank's focus on agricultural finance[15]. - The total amount of customer loans and advances was RMB 331.99 billion, reflecting an increase of 33.88 billion or 11.37%[78]. - The total amount of personal loans was RMB 114.43 billion, with an NPL balance of RMB 1.49 billion, resulting in an NPL ratio of 1.30%[103]. - The balance of loans for modern agriculture reached RMB 667.34 billion, accounting for 23.71% of the bank's general loans[129]. Governance and Compliance - The bank has established a governance structure that balances diverse stakeholder interests, ensuring stability and professionalism in management[24]. - The bank's internal audit system is led directly by the chairman, with a focus on independent and objective auditing practices[165]. - The bank has implemented a dual main audit mechanism combining business and data audits, enhancing the application of big data in auditing[166]. - No significant compliance risk events occurred during the reporting period, indicating effective compliance risk management practices[157]. - The bank has established a multi-level internal control organizational structure to ensure compliance and orderly operations[164]. Community and Social Responsibility - The company has donated RMB 10.3612 million to support educational initiatives as part of its poverty alleviation efforts, contributing to rural revitalization[183]. - The company conducted 1,513 consumer protection education activities in 2022, reaching 2.1788 million consumers, enhancing public awareness of fraud prevention[182]. - The bank's rural revitalization initiative achieved a coverage rate of 96.49% for household registration, with 349,500 households registered by the end of 2022[179]. - The company has actively supported the construction of demonstration villages with a total of RMB 9.613 million allocated for relief and assistance projects[183]. - The company has established a comprehensive risk management process for environmental and social risks, implementing strict credit approval processes for high-pollution industries[185].

Financial Performance - Operating income for the six months ended June 30, 2022, was RMB 7,212,689 thousand, an increase of 11.17% compared to RMB 6,487,923 thousand for the same period in 2021[19]. - Pre-tax profit for the same period was RMB 3,957,731 thousand, reflecting a growth of 14.04% from RMB 3,470,478 thousand in the previous year[19]. - Net profit reached RMB 3,642,068 thousand, up 12.88% from RMB 3,226,495 thousand year-on-year[19]. - The net profit attributable to shareholders was RMB 3,540,384 thousand, representing a 12.67% increase compared to RMB 3,142,240 thousand in the prior year[19]. - The basic earnings per share for the six months ended June 30, 2022, was RMB 0.51, down 7.27% from RMB 0.55 in the same period of 2021[20]. - The diluted earnings per share also stood at RMB 0.51, reflecting the same percentage decrease as the basic earnings per share[20]. - The net asset per share attributable to shareholders increased to RMB 7.09 from RMB 6.58, marking a 7.75% rise[20]. - The group achieved operating income of RMB 7.213 billion, an increase of 11.17% year-on-year[43]. - Net profit reached RMB 3.642 billion, reflecting a year-on-year growth of 12.88%[43]. - Non-interest income increased by 46.17% year-on-year, driven by the development of intermediary business and bond trading[43]. Asset and Liability Management - As of June 30, 2022, the total assets of Dongguan Rural Commercial Bank reached RMB 628.577 billion[11]. - Total deposits amounted to RMB 445.533 billion, while the total loans reached RMB 316.883 billion[11]. - The registered capital of the bank is RMB 6.888 billion[10]. - Total assets reached RMB 628.58 billion, an increase of RMB 35.22 billion or 5.94% compared to the end of last year[29]. - Total liabilities of the group reached RMB 577.05 billion, an increase of RMB 33.67 billion or 6.20% compared to the previous year, primarily driven by growth in customer deposits[93]. - Customer deposits amounted to RMB 451.32 billion, with a year-on-year increase of RMB 31.35 billion or 7.44%, accounting for 58.21% of total deposits[96]. - The group’s total equity reached RMB 51.53 billion, an increase of RMB 1.55 billion or 3.10% from the previous year, mainly due to an increase in undistributed profits[98]. Risk Management - The bank has implemented a risk management system that integrates risk culture with business and management practices[14]. - The company has established a comprehensive risk management system to ensure sustainable business development and mitigate various risks[16]. - The group maintained a controllable overall credit risk, with the non-performing loan ratio within the management target as of June 30, 2022[142]. - The liquidity risk management strategy ensures that major liquidity risk regulatory indicators meet the standards every month during the reporting period[143]. - The bank has implemented a comprehensive compliance risk management framework to mitigate legal and regulatory risks, ensuring adherence to laws and internal policies[151]. Strategic Initiatives - The bank's strategic plan for 2021-2023 focuses on high-quality development led by party building, aiming to establish a regional modern rural commercial bank group[5]. - The bank's "1+12348" strategic plan emphasizes digitalization and group development as key drivers for growth[5]. - The bank's core strategy includes a focus on digitalization and group development to achieve comprehensive customer coverage and service[14]. - The bank aims to build a modern rural commercial bank group with a strategic layout of "1+12348," focusing on digital transformation and group operations[14]. - The company is committed to improving risk management capabilities, focusing on credit risk prevention and enhancing liquidity risk management[167]. Customer and Market Engagement - The bank focuses on serving the agricultural sector, rural areas, and small and micro enterprises, aligning with the "Three Rural" strategy[7]. - The cumulative visits to rural households reached nearly 140,000, with 330,000 households registered, covering over 90% of rural families in Dongguan[32]. - The retail financial business achieved a cumulative credit card issuance of 606,700 cards, with consumer finance and credit card asset scale reaching RMB 23.635 billion[38]. - The number of personal mobile banking users reached 3.7404 million, up 11.17% from the end of last year[41]. - Customer satisfaction reached 99% based on nearly 2.06 million customer service evaluations[175]. Corporate Governance and Compliance - The bank's management has assured the accuracy and completeness of the financial report, taking legal responsibility for its content[3]. - The bank maintained a robust internal control structure, achieving no major economic cases or criminal incidents during the reporting period[158]. - The bank's strategic objectives were generally met, with ongoing monitoring of the execution of its three-year development plan (2021-2023) to ensure alignment with internal and external environments[156]. - The company emphasizes the importance of internal audit independence and effectiveness, with the board of directors ultimately responsible for these aspects[159]. Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes the integration of ESG principles into its operations, aiming to support rural revitalization and promote sustainable development[168]. - The bank's ESG management framework was established to enhance the quality of ESG information disclosure and fulfill social responsibility[179]. - The total amount allocated for public welfare and charity assistance reached RMB 7.613 million by the end of June 2022[175]. Shareholder Information - As of June 30, 2022, the total number of shares outstanding is approximately 6.889 billion, with domestic shares accounting for about 5.740 billion (83.33%) and H shares approximately 1.148 billion (16.67%)[181]. - The number of domestic shareholders is 57,595, with 83 institutional shareholders holding about 1.362 billion shares (19.77%) and 57,512 individual shareholders holding approximately 4.379 billion shares (63.56%)[184]. - The top ten shareholders collectively hold 30.11% of the total shares, with the largest domestic shareholder, Guangdong Yuefeng Investment Co., Ltd., holding 4.34%[185]. - No new shares were issued during the reporting period[183].

乐莞农村商业银行 DRC Bank 東莞農村商業銀行股份有限公司 Dongguan Rural Commercial Bank Co., Ltd. (於中華人民共和國註冊成立的股份有限公司) 股份代號：9889 www.drcbank.com 目 錄 | --- | --- | --- | |-------------------|-----------------------------------------------------|-------| | | | | | 重要提示 | | 2 | | 釋義 | | 4 | | 董事長致辭 | | 8 | | | 第一章 簡介和業務概要 | 13 | | | 第二章 會計數據和財務指標摘要 | 21 | | 第三章 | 管理層討論與分析 | 27 | | | 第四章 環境 、社會及企業管治（ ESG ） | 71 | | | 第五章 三農金融服務情況 | 77 | | | 第六章 股本變動及股東情況 | 83 | | | 第七章 董事、監事、高級管理人員、員工和分支機構情況 | 92 | | | 第八章 企業管治報告 | 110 | | | 第九章 董事會報 ...