Financial Performance - The company's operating revenue for Q1 2022 was RMB 1,198,281,000, representing a year-on-year increase of 9.07%[6] - Net profit attributable to shareholders was RMB 444,387,000, reflecting a growth of 22.52% compared to the same period last year[6] - Basic earnings per share for the period was RMB 0.24, up by 20% from the previous year[6] - Net profit for Q1 2022 reached RMB 446,979 thousand, a 21.5% increase compared to RMB 367,542 thousand in Q1 2021[29][30] - Net interest income rose to RMB 888,849 thousand in Q1 2022, up from RMB 843,143 thousand in Q1 2021, reflecting a growth of 5.4%[29] - Total operating income for Q1 2022 was RMB 1,198,281 thousand, an increase of 9.1% from RMB 1,098,684 thousand in Q1 2021[29] - Net profit for Q1 2022 reached 441,690 thousand RMB, a 23.4% increase from 357,689 thousand RMB in Q1 2021[46] Cash Flow and Investments - The net cash flow from operating activities reached RMB 2,796,695,000, marking a significant increase of 43.72% year-on-year[6] - Net cash flow from operating activities increased to CNY 2,796,695 thousand in Q1 2022, up from CNY 1,945,996 thousand in Q1 2021, representing a growth of 43.9%[34] - Net cash inflow from investment activities reached CNY 219,510 thousand in Q1 2022, a significant improvement compared to a net outflow of CNY 4,274,721 thousand in Q1 2021[36] - The company reported a net cash outflow from financing activities of CNY 1,635,798 thousand in Q1 2022, contrasting with a net inflow of CNY 1,886,339 thousand in Q1 2021[36] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 208,083,708,000, an increase of 3.13% from the end of the previous year[9] - Total assets increased to RMB 208,083,708 thousand as of March 31, 2022, up from RMB 201,769,863 thousand at the end of 2021, representing a growth of approximately 3.6%[23][24] - The total liabilities increased to RMB 191,715,472 thousand as of March 31, 2022, compared to RMB 185,845,702 thousand at the end of 2021, marking a rise of approximately 3.7%[24] - Total liabilities as of March 31, 2022, were CNY 190,503,726 thousand, compared to CNY 184,718,210 thousand at the end of 2021, an increase of 3.9%[42] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,425[13] - The top shareholder, Guolian Trust Co., Ltd., held 166,330,635 shares, accounting for 8.93% of the total shares[13] Operational Efficiency - The weighted average return on equity rose to 3.17%, an increase of 0.61 percentage points compared to the previous year[9] - The bank's non-performing loan ratio remained stable, reflecting effective risk management strategies in place[29] - The cost-to-income ratio significantly improved to 24.40% from 28.77% at the end of 2021, reflecting better operational efficiency[65] Future Plans and Strategies - The bank plans to enhance its digital banking services and expand its market presence in rural areas to drive future growth[29] - The company did not report any new product launches or major strategic changes during the quarter[18]

Financial Performance - The company's operating revenue for 2021 was 4,349,269 thousand RMB, an increase of 11.63% compared to 2020[23]. - Net profit attributable to shareholders was 1,580,041 thousand RMB, reflecting a growth of 20.47% year-over-year[23]. - The net cash flow from operating activities decreased by 23.87% to 7,221,939 thousand RMB compared to the previous year[23]. - Total assets at the end of 2021 reached 201,769,863 thousand RMB, up 12.08% from 2020[23]. - The company's total liabilities increased by 11.99% to 185,845,702 thousand RMB at the end of 2021[24]. - Basic earnings per share rose to 0.81 RMB, an increase of 14.08% compared to 2020[23]. - The weighted average return on equity increased to 11.41%, up 0.57 percentage points from 2020[23]. - The company reported a government subsidy income of 25,910 thousand RMB, significantly higher than the previous year's 10,697 thousand RMB[32]. - Total deposits reached CNY 156.78 billion, an increase of CNY 15.45 billion, representing a growth of 10.93% year-over-year[38]. - Total loans amounted to CNY 117.81 billion, up CNY 18.12 billion, with a growth rate of 18.17% year-over-year[38]. Risk Management - The company has reported no foreseeable major risks, with operational risks primarily including credit risk, market risk, liquidity risk, and operational risk[7]. - The company has taken various measures to effectively manage and control operational risks[7]. - The non-performing loan ratio improved to 0.93%, down from 1.10% in 2020, indicating better asset quality[28]. - The capital adequacy ratio decreased to 14.35%, down 0.86 percentage points from the previous year[27]. - The coverage ratio for non-performing loans was 477.19%, an increase of 121.31 percentage points year-over-year[38]. - The bank has maintained a low non-performing loan ratio, ensuring solid asset quality for its transformation efforts[55]. - The bank's risk management level has continuously improved, with a solid compliance management framework in place[197]. - The bank emphasizes the need for ongoing management of implicit risk loans, particularly in light of potential risk exposures following the expiration of two key policies[199]. - The bank plans to strengthen monitoring of credit risks, especially in sensitive sectors such as education, real estate, and government hidden debts[199]. Governance and Compliance - The company has established a governance structure that includes a shareholders' meeting, board of directors, supervisory board, and senior management, ensuring effective checks and balances in decision-making and execution[134]. - The company has implemented measures to enhance information transparency and optimize governance mechanisms in compliance with relevant laws and regulations[134]. - The governance structure includes various committees such as the Strategic Development Committee and Risk Control Committee, aimed at improving strategic and risk management[134]. - The company has not reported any significant differences in governance practices compared to regulations set by the China Securities Regulatory Commission[135]. - The company has established rules and procedures for the operation of its governance bodies to ensure effective management and oversight[134]. - The total pre-tax remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 26.724 million yuan[173]. - The remuneration decision-making process for directors and senior management is overseen by the board's nomination and remuneration committee[173]. - The company has not faced any penalties from securities regulatory agencies in the past three years[178]. - The bank's compliance report for the first half of 2021 was reviewed[183]. Strategic Focus and Future Outlook - The company plans to expand its market presence and invest in new technologies to enhance service offerings[106]. - The company is actively pursuing mergers and acquisitions to strengthen its competitive position[155]. - The company is focusing on expanding its market presence and exploring new strategies for growth[155]. - Future guidance suggests a cautious but optimistic approach to navigating market challenges[155]. - The company expects total assets to grow by approximately 19 billion yuan in 2022, with a net profit increase of around 10%[127]. - The bank plans to focus on inclusive finance, green finance, and supply chain finance as key development areas[125]. - The company is committed to maintaining compliance with regulatory standards while pursuing high-quality development[126]. - The management provided a positive outlook for future performance, indicating potential growth in user data and market share[155]. Operational Efficiency and Technology - The company is committed to leveraging technology for operational efficiency, including remote banking and big data applications[56]. - The bank's financial technology application and data governance capabilities have been significantly enhanced, supporting high-quality development[197]. - The company is focused on enhancing its technological capabilities to improve operational efficiency and customer service[165]. - The bank's technology talent development is a priority, with plans to enhance the training system for high-quality technology professionals[197]. - The company aims to improve operational efficiency through strategic investments in technology[155]. Shareholder Engagement - The company plans to distribute a cash dividend of 1.8 RMB per 10 shares to shareholders, based on the total share capital as of the record date[6]. - The second extraordinary shareholders' meeting in November 2021 approved a proposal for a non-public issuance of A-shares, detailing the scale and use of raised funds[138]. - The company held its first extraordinary shareholders' meeting in June 2021, where the election of the sixth board of directors was approved, including the election of Mr. Shao Hui as an executive director[138]. - The total pre-tax remuneration for Chairman Shao Hui is CNY 1.7 million, with no change in shareholding during the reporting period[143]. - CEO Tao Chang received a pre-tax remuneration of CNY 1.68 million, maintaining his shareholding of 560,000 shares[143].

2021 年第三季度报告 证券代码：600908 证券简称：无锡银行 | --- | --- | |----------------------------------------------------------------------|-------| | | | | 无锡农村商业银行股份有限公司 | | | 2021 年第三季度报告 | | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 | | | 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 | | 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 公司负责人邵辉、行长陶畅、主管会计工作负责人王瑶及会计机构负责人（会计主管人员）王瑶 保证季度报告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 15 2021 年第三季度报告 一、 主要财务数据 | --- | --- | --- | --- | --- | |---------------------- ...

Financial Performance - The company reported a total revenue of 1,200,000 thousand RMB for the first half of 2021, reflecting a year-on-year increase of 15%[19] - Net profit attributable to shareholders reached 300,000 thousand RMB, up 10% compared to the same period last year[19] - The company's operating revenue for the first half of the year reached 2,188,991 thousand RMB, an increase of 11.48% compared to the same period last year[28] - Net profit attributable to shareholders was 783,005 thousand RMB, reflecting a growth of 15.81% year-over-year[28] - The bank's net profit for the first half of 2021 was CNY 806,512 thousand, an increase of 18.33% from CNY 681,568 thousand in the first half of 2020[82] - The bank's non-interest income increased by 24.46% to CNY 478,157 thousand in the first half of 2021, compared to CNY 384,173 thousand in the same period of 2020[82] Asset and Liability Management - The total assets of the company amounted to 50,000,000 thousand RMB, representing a growth of 8% year-on-year[19] - Total assets increased by 9.71% to 197,491,298 thousand RMB compared to the end of the previous year[28] - The total liabilities rose by 9.68% to CNY 182,008,958 from CNY 165,948,002 in the previous year[62] - The company's equity attributable to shareholders increased to 15,367,682 CNY as of June 30, 2021, from 13,979,139 CNY at the end of 2020, reflecting a growth of approximately 9.9%[198] Loan and Deposit Growth - Customer deposits increased by 12% year-on-year, totaling 40,000,000 thousand RMB[19] - Total deposits reached CNY 156.11 billion, an increase of CNY 14.78 billion or 10.46% compared to the beginning of the year[48] - Total loans amounted to CNY 113.22 billion, with an increase of CNY 13.53 billion or 13.57% year-to-date[48] - As of June 30, 2021, the total loan balance reached CNY 113,217,813 thousand, an increase from CNY 99,693,249 thousand as of December 31, 2020, representing a growth of approximately 13.3%[69] Risk Management - The non-performing loan ratio stood at 1.5%, which is a decrease of 0.2 percentage points from the previous year[19] - The non-performing loan ratio improved to 0.93%, down from 1.10% at the end of the previous year, a decrease of 0.17 percentage points[31] - The bank's credit risk management system has been enhanced, with a loan provision coverage ratio of 437.87%, up by 81.99 percentage points from the beginning of the year[48] - The bank maintains a proactive credit risk management strategy, ensuring adequate risk provisions and controlling non-performing loan growth[108] Strategic Initiatives - The company plans to expand its market presence by opening 10 new branches in the next fiscal year[19] - Investment in technology and new product development is expected to increase by 20% in 2022[19] - The company aims to continue expanding its services to support local economic development and improve financial services[39] - The company is actively promoting green credit services, focusing on sectors such as smart manufacturing, energy conservation, and clean energy[122] Operational Efficiency - The net cash flow from operating activities decreased significantly by 90.21%, amounting to 961,474 thousand RMB[28] - The company has implemented measures to effectively manage credit risk, market risk, and liquidity risk[7] - The company has established a new digital banking department to enhance data governance and management efficiency[53] - The company initiated the construction of video banking and accelerated the transformation of smart outlets to improve operational efficiency[53] Shareholder Information - The company reported a total share count of 1,861,670,716, with 1,736,974,791 shares being freely tradable, representing 93.30% of total shares[160] - The largest shareholder, Guolian Trust Co., Ltd., held 166,330,635 shares, representing 8.93% of total shares[169] - The top ten shareholders collectively held 70.53% of the total shares[169] - The company reported no significant changes in restricted shares that would affect the earnings per share or net asset per share[164]

Financial Performance - Net profit attributable to shareholders reached CNY 362,714, representing a 5.96% increase year-on-year[14]. - Operating income for the quarter was CNY 1,098,684, up 3.62% from the same period last year[14]. - The net profit for the period is projected to remain stable without significant changes compared to the previous year[27]. - Net profit for Q1 2021 reached 367,542 thousand RMB, representing an increase of 6.9% from 344,075 thousand RMB in Q1 2020[43]. - Earnings per share (EPS) for Q1 2021 was 0.20 RMB, compared to 0.19 RMB in Q1 2020, indicating a growth of 5.3%[45]. - The total comprehensive income for Q1 2021 was 362,834 thousand RMB, down from 457,540 thousand RMB in the previous year[45]. Assets and Liabilities - Total assets increased to CNY 191,113,314, a growth of 6.16% compared to the previous year-end[14]. - The company's total liabilities increased to CNY 176,611,561, a rise of 6.43% year-on-year[25]. - Total assets reached CNY 191,113,314 thousand, up from CNY 180,018,291 thousand, reflecting an increase of 6.09%[30]. - Total liabilities increased to CNY 176,611,561 thousand, compared to CNY 165,948,002 thousand, marking a growth of 6.00%[32]. - The bank's equity attributable to shareholders reached CNY 14,405,775 thousand, an increase from CNY 13,979,139 thousand, reflecting a growth of 3.05%[32]. Cash Flow - Net cash flow from operating activities decreased by 51.87% to CNY 1,945,996 compared to the previous year[14]. - Net cash flow from operating activities for Q1 2021 was 1,945,996, a decrease of 52.0% compared to 4,042,993 in Q1 2020[55]. - Cash inflow from operating activities totaled 11,810,898, up 35.5% from 8,703,797 in the same period last year[55]. - Cash outflow from operating activities increased to 9,864,902, a rise of 111.5% compared to 4,660,804 in Q1 2020[55]. - Cash flow from investing activities showed a net outflow of -4,274,721, worsening from -2,518,068 in Q1 2020[55]. - The ending balance of cash and cash equivalents was 3,991,541, down from 5,524,315 in Q1 2020[57]. Deposits and Loans - Customer deposits rose to CNY 152,492,875 thousand, an increase of 4.93% from CNY 145,292,749 thousand[30]. - The bank's loan issuance increased to CNY 104,136,719 thousand, up from CNY 95,942,814 thousand, representing an increase of 4.00%[30]. - The company reported a net increase in customer loans and advances of 8,515,165, compared to 5,953,317 in Q1 2020, representing a growth of 43.0%[55]. - Total deposits increased to ¥148,673,080 thousand as of March 31, 2021, up from ¥141,332,321 thousand as of December 31, 2020, representing a growth of 9.4%[68]. - The total loan amount reached ¥108,252,795 thousand, an increase from ¥99,693,249 thousand, reflecting a growth of 8.3%[68]. Income and Expenses - Commission and fee income increased to CNY 110,292 thousand, a growth of 91.96% due to the rise in wealth management service fees[26]. - Fair value change income decreased to CNY 13,228 thousand, a decline of 83.88% attributed to the reduction in fair value changes of financial assets[26]. - Total operating expenses for Q1 2021 were 686,265 thousand RMB, a rise of 4.2% from 658,373 thousand RMB in Q1 2020[43]. - Investment income for Q1 2021 was 139,966 thousand RMB, slightly up from 135,413 thousand RMB in Q1 2020[43]. - The company reported a credit impairment loss of 386,441 thousand RMB, an increase from 361,347 thousand RMB in the same quarter last year[43]. Shareholder Information - The number of shareholders at the end of the reporting period was 64,317[18]. - The top shareholder, Guolian Trust Co., Ltd., held 166,330,635 shares, accounting for 8.93% of total shares[18]. Capital Adequacy and Ratios - The core tier 1 capital adequacy ratio improved to 8.75% as of March 31, 2021, compared to 8.69% as of December 31, 2020[68]. - The non-performing loan ratio decreased to 0.98% from 1.10% year-over-year, indicating improved asset quality[72]. - The provision coverage ratio increased to 404.30% as of March 31, 2021, compared to 355.88% as of December 31, 2020, showing stronger risk management[72]. - The average return on total assets rose to 0.79% as of March 31, 2021, up from 0.77% as of December 31, 2020[69]. - The capital adequacy ratio decreased to 14.23% from 15.21%, reflecting changes in capital structure[69]. - The cost-to-income ratio improved to 26.44% from 27.15%, indicating better operational efficiency[72].

Financial Performance - The company's operating income for 2020 was CNY 3,896,011 thousand, representing a 10.07% increase from CNY 3,539,711 thousand in 2019[26]. - The net profit attributable to shareholders for 2020 was CNY 1,311,612 thousand, an increase of 4.96% compared to CNY 1,249,624 thousand in 2019[26]. - The total assets at the end of 2020 reached CNY 180,018,291 thousand, reflecting an 11.18% increase from CNY 161,912,124 thousand at the end of 2019[26]. - The net cash flow from operating activities for 2020 was CNY 9,486,903 thousand, a significant increase of 136.85% from CNY 4,005,455 thousand in 2019[26]. - The company's total profit for 2020 was CNY 1,495,032 thousand, which is a 2.91% increase from CNY 1,452,821 thousand in 2019[26]. - Basic earnings per share increased by 4.41% to CNY 0.71 in 2020 compared to CNY 0.68 in 2019[27]. - The net profit after deducting non-recurring gains and losses was CNY 1,306,401 thousand, up 4.22% from CNY 1,253,516 thousand in 2019[26]. Assets and Liabilities - Total liabilities rose by 10.50% to CNY 165,948,002 thousand at the end of 2020 from CNY 150,181,876 thousand in 2019[27]. - Total deposits increased by 10.25% to CNY 141,332,321 thousand in 2020 compared to CNY 128,195,730 thousand in 2019[27]. - Total loans grew by 17.38% to CNY 99,693,249 thousand in 2020 from CNY 84,930,666 thousand in 2019[27]. - The company's net assets attributable to shareholders increased by 20.00% to CNY 13,979,139 thousand at the end of 2020, up from CNY 11,649,445 thousand at the end of 2019[26]. Risk Management - The company has reported no foreseeable major risks, with existing risks primarily related to credit, market, liquidity, and operational risks[9]. - The company has taken various measures to effectively manage and control operational risks[9]. - The bank's credit risk management includes maintaining sufficient risk provisions and controlling non-performing loan growth to improve asset quality[137]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.8 per 10 shares to shareholders[8]. - The company distributed a total cash dividend of 332,694,000 RMB in 2020, which accounted for 25.37% of the net profit attributable to ordinary shareholders in the consolidated financial statements[149]. - The company has a shareholder return plan for 2020-2022 that was approved by the board and the annual shareholders' meeting, aiming to provide stable and reasonable returns to shareholders[148]. - The company has established a cash dividend policy where the minimum cash dividend ratio is 80% for mature stages without significant capital expenditure, 40% for mature stages with significant capital expenditure, and 20% for growth stages with significant capital expenditure[147]. Operational Expansion - The company established a total of 1 direct operating department, 3 branches, 53 sub-branches, and 59 sub-branches by the end of 2020, contributing to its service expansion[38]. - The company expanded its retail customer base, with nearly 5 million citizen cards and over 800,000 mobile banking accounts opened[47]. - The company emphasized technology in operations, implementing online services and big data analytics to improve efficiency and customer experience[47]. Social Responsibility - The company actively engaged in poverty alleviation efforts, providing loans of RMB 2.435 billion to economically weak regions and RMB 119.1 million to village banks by the end of 2020[179]. - The company has established partnerships with economically weak villages, contributing RMB 250,000 annually since 2015 for local infrastructure improvements[179]. - The company has implemented various financial services initiatives to enhance support for rural areas, including the "Sunshine Credit" project[177]. Future Outlook - In 2021, the total assets are expected to grow by approximately 18 billion RMB, with a net profit increase of around 5%[136]. - The bank aims to focus on supporting agriculture, small and micro enterprises, and enhancing service to the real economy as part of its strategic goals[133]. - The bank plans to enhance its digital transformation to improve management, business expansion, and risk control, which will be crucial for competition among regional banks[132]. Compliance and Governance - The company has no significant litigation or arbitration matters as of the end of 2020, with a total of 4 lawsuits involving a subject amount of RMB 117 million[168]. - The company has not faced any penalties or corrective actions from regulatory bodies during the reporting period[170]. - The company has a mechanism in place for independent directors to provide opinions on the cash dividend policy and its execution[147].

Financial Performance - Net profit attributable to shareholders reached CNY 1,001,726 thousand, a 4.38% increase year-on-year[13] - Operating income for the first nine months was CNY 2,870,715 thousand, reflecting an 11.94% growth compared to the same period last year[13] - Basic earnings per share rose to CNY 0.54, a 3.85% increase from the previous year[13] - Net profit for the first three quarters of 2020 reached 1,006,290 thousand RMB, compared to 965,882 thousand RMB in the same period of 2019, an increase of 4.3%[42] - Net profit for the first three quarters of 2020 reached CNY 996,976,000, representing a 4.6% increase from CNY 953,298,000 in the same period of 2019[48] Asset and Liability Management - Total assets increased to CNY 177,788,116 thousand, up 9.81% from the end of the previous year[13] - The bank's liabilities totaled CNY 165,651,334 thousand, an increase of 10.31% from CNY 150,181,876 thousand in the previous year[31] - Total liabilities amounted to 164,657,879 thousand RMB, up from 149,564,210 thousand RMB year-over-year[42] - Total assets as of September 30, 2020, reached CNY 177,788,116 thousand, an increase of 9.99% compared to CNY 161,912,124 thousand at the end of 2019[29] Cash Flow and Deposits - Net cash flow from operating activities amounted to CNY 10,460,877 thousand, representing a 28.31% increase year-on-year[13] - Cash flow from operating activities for the first three quarters of 2020 was CNY 10,460,877,000, an increase from CNY 8,152,776,000 in the same period of 2019[53] - The net increase in customer deposits and interbank deposits was CNY 15,138,518,000 in the first three quarters of 2020, compared to CNY 13,311,676,000 in the same period of 2019[53] - Total deposits as of September 30, 2020, were RMB 143,939,735 thousand, compared to RMB 128,195,730 thousand at the end of 2019, reflecting a growth of 12.3%[66] Investment and Loans - Loans and advances issued amounted to CNY 95,191,170 thousand, up from CNY 82,097,471 thousand, reflecting a significant growth in lending activities[29] - Total loans reached RMB 98,570,530 thousand, up from RMB 84,930,666 thousand year-over-year, indicating a growth of 16.1%[66] Shareholder Information - The total number of shareholders reached 61,234 at the end of the reporting period[16] - The largest shareholder, Guolian Trust Co., Ltd., holds 9.00% of the shares, totaling 166,330,635 shares[16] Risk Management - The capital adequacy ratio stood at 13.94%, down from 15.85% at the end of 2019[71] - The non-performing loan ratio improved slightly to 1.17% from 1.21% in the previous year[71] - The coverage ratio for provisions reached 307.27%, compared to 288.18% at the end of 2019, indicating stronger risk management[71] Operational Efficiency - The bank's cost-to-income ratio improved to 24.26% from 29.66% in the previous year, indicating better operational efficiency[71] - The bank's commission and fee income rose by 39.55% to CNY 168,864 thousand compared to CNY 121,006 thousand in the same period last year[23] Other Financial Metrics - The weighted average return on equity decreased by 0.13 percentage points to 8.39%[13] - The bank's total equity increased to CNY 12,136,782 thousand from CNY 11,730,248 thousand, reflecting a growth in shareholder value[31] - The bank's leverage ratio decreased to 5.54% from 6.41% at the end of 2019, reflecting a tighter capital position[68] - The bank's cash and deposits with the central bank decreased to CNY 12,199,470 thousand from CNY 13,146,796 thousand, a decline of 7.22%[29] Government Support - The company reported government subsidies of CNY 2,779 thousand for the current period[13] Strategic Developments - The company has not disclosed any new product developments or market expansion strategies in this report[13]

Financial Performance - Operating income for the first half of 2020 reached CNY 1,963,580, an increase of 18.59% compared to CNY 1,655,753 in the same period last year[26]. - Net profit attributable to shareholders was CNY 676,114, reflecting a growth of 4.97% from CNY 644,103 year-on-year[26]. - The company reported a total profit of CNY 785,754, which is a 2.26% increase from CNY 768,405 in the same period last year[26]. - Basic earnings per share for the first half of 2020 were CNY 0.37, a rise of 5.71% from CNY 0.35 in the same period last year[26]. - The net profit after deducting non-recurring gains and losses was CNY 676,517, an increase of 4.07% compared to CNY 650,063 in the previous year[26]. - The company's net profit for the reporting period showed an increase in retained earnings to 1,172,172 from 828,746, reflecting a growth of approximately 41.4%[191]. - The company's net profit increased to 1,210,802 from 873,053, showing a substantial increase of around 38.6%[198]. Assets and Liabilities - The total assets of the company at the end of the reporting period amounted to CNY 173,703,237, representing a 7.28% increase from CNY 161,912,124 at the end of the previous year[26]. - Total liabilities increased to ¥161,721,978, a rise of 7.68% compared to the end of 2019[29]. - Total assets reached CNY 173.703 billion as of June 30, 2020, an increase of CNY 11.791 billion or 7.28% from the beginning of the year[47]. - Total liabilities amounted to CNY 161,721,978 thousand, up from CNY 149,812,013 thousand year-over-year[66]. - The total equity attributable to shareholders increased to 11,895,002 from 11,649,445, marking a rise of about 2.1%[191]. - The total amount of deposits absorbed reached 144,373,641, an increase from 131,358,121, representing a growth of about 9.5%[191]. Cash Flow - The net cash flow from operating activities surged to CNY 9,817,218, a significant increase of 382.26% compared to CNY 2,035,659 in the same period last year[26]. - The company's cash flow from operating activities saw a significant increase, reaching CNY 9,817 billion, a growth of 382.26% year-on-year[59]. - The company's cash and deposits with central banks decreased to 11,173,469 from 13,146,796, a decline of approximately 15%[190]. Loans and Deposits - Total deposits reached ¥140,767,764, reflecting a growth of 9.81% year-over-year[29]. - Total loans amounted to ¥94,218,721, marking a 10.94% increase from the previous year[29]. - The total loan balance as of June 30, 2020, was CNY 94,218,721 thousand, an increase from CNY 84,930,666 thousand as of December 31, 2019, representing a growth of approximately 10.0%[77]. - Loans and advances increased by 13.98% to CNY 91,062,831 thousand, representing 52.43% of total assets[66]. - Customer deposits rose by 10.85% to CNY 144,373,641 thousand, making up 89.26% of total liabilities[66]. Risk Management - The company has effectively managed various operational risks, including credit risk, market risk, liquidity risk, and operational risk[8]. - The non-performing loan ratio improved to 1.14%, down by 0.07 percentage points from 1.21%[32]. - The company actively manages credit risk, maintaining sufficient provisions and controlling non-performing loans to enhance asset quality[114]. - The company faces market risks primarily from bond and foreign exchange operations, managing these risks through appropriate trading positions and risk assessment methods[117]. - The company ensures adequate liquidity to meet operational needs and monitors liquidity gaps effectively[119]. Strategic Initiatives - The bank's strategic focus remains on serving the "three rural issues" and small and micro enterprises, enhancing customer service capabilities[39]. - The company has committed to maintaining a diversified credit structure to manage concentration risks effectively[120]. - The company has established a financial support strategy for poverty alleviation, focusing on increasing financial resources and reducing financing costs in impoverished areas[146]. - The company has initiated several major reforms to improve financial services in rural areas, including the "Sunshine Credit" project and rural financial reform[147]. Shareholder Information - The top ten shareholders held a total of 52.07% of the shares, with the largest shareholder, Guolian Trust Co., Ltd., owning 166,330,635 shares, representing 9.00%[170]. - The total number of common stock shareholders at the end of the reporting period was 52,207[170]. - The company has implemented a strategy to manage shareholder equity effectively, with no shares pledged or frozen among the top shareholders[170].

2020 年第一季度报告 公司代码：600908 公司简称：无锡银行 无锡农村商业银行股份有限公司 2020 年第一季度报告 1 / 21 2020 年第一季度报告 | --- | --- | --- | |------------------|------------------------------------------------------------------|-------| | | | | | | | | | 目录 | | | | 一、重要提示 | .......................................................... 3 | | | 二、公司基本情况 | ...................................................... 3 | | | 三、重要事项 | .......................................................... 5 | | | 四、附录 | ................................................... ...

Financial Performance - The company's operating income for 2019 was CNY 3,539,711,000, representing a 10.89% increase from CNY 3,192,181,000 in 2018[23] - The net profit attributable to shareholders of the listed company reached CNY 1,249,624,000, an increase of 14.07% compared to CNY 1,095,517,000 in the previous year[23] - The company's total profit for 2019 was CNY 1,452,821,000, which is an 11.97% increase from CNY 1,297,520,000 in 2018[23] - The company reported a net profit excluding non-recurring gains and losses of CNY 1,253,516,000, which is a 13.12% increase from CNY 1,108,175,000 in 2018[23] - Basic earnings per share increased by 15.25% to CNY 0.68 in 2019 compared to CNY 0.59 in 2018[24] - Diluted earnings per share rose by 13.46% to CNY 0.59 in 2019 from CNY 0.52 in 2018[24] - The company’s non-interest income surged by 192.92% to CNY 595.13 million, compared to CNY 203.17 million in 2018[105] - The company’s total interest income increased to CNY 6,592,913 in 2019, up 8.4% from CNY 6,079,409 in 2018[109] - Non-interest income rose to CNY 446,767 in 2019, significantly up from CNY 51,468 in 2018, driven by investment gains[112] Assets and Liabilities - The total assets of the company at the end of 2019 were CNY 161,912,124,000, reflecting a 4.87% increase from CNY 154,394,543,000 at the end of 2018[23] - Total liabilities increased by 4.68% to CNY 150,181,876,000 at the end of 2019 from CNY 143,465,585,000 in 2018[27] - Total deposits grew by 10.70% to CNY 128,195,730,000 in 2019 compared to CNY 115,808,239,000 in 2018[27] - The total loan amount rose by 12.73% to CNY 84,930,666,000 in 2019 from CNY 75,342,525,000 in 2018[27] - Total assets reached CNY 161.91 billion, an increase of 4.87% from the beginning of the year[63] - Total liabilities at the end of the reporting period were CNY 150.18 billion, an increase of CNY 6.72 billion, or 4.68% from the beginning of the year[97] Cash Flow - The net cash flow from operating activities was CNY 4,005,455,000, a significant increase of 201.23% compared to a negative cash flow of CNY -3,956,915,000 in 2018[23] - The company reported a net cash flow from operating activities of CNY 6,117,117,000 in Q3 2019, a significant recovery from a negative cash flow in Q2 2019[34] - Cash flow from operating activities showed a significant increase of 201.23%, reaching CNY 4.01 billion[58] Risk Management - The company has effectively managed and controlled various operational risks, including credit risk, market risk, liquidity risk, and operational risk[8] - The company has not reported any significant foreseeable risks in its operations[8] - The company emphasizes the importance of risk management, particularly in credit, market, operational, liquidity, and concentration risks[135][136][140][141] Dividend Policy - The company plans to distribute a cash dividend of CNY 1.8 per 10 shares to shareholders, as the "Wuxi Convertible Bond" has entered the conversion period[6] - The company plans to implement a stable profit distribution policy, focusing on cash dividends while ensuring sustainable development[144] - The net profit attributable to ordinary shareholders for 2019 was approximately 1.25 billion RMB, representing a dividend payout ratio of 26.62%[151] - The company has a clear and transparent dividend policy that aligns with the Shanghai Stock Exchange's guidelines[150] Awards and Recognition - The company was awarded "2019 China's Top 500 Service Enterprises" by the China Enterprise Confederation and the China Entrepreneurs Association[44] - The company has been recognized as an "Outstanding Listed Company" by the Wuxi Local Financial Regulatory Bureau[46] - The company has received multiple awards for its financial technology innovations and contributions to management innovation in 2019[46] Operational Efficiency - The company has established a total of 1 direct operating department, 3 branches, 53 sub-branches, and 59 financial service offices as of December 31, 2019[42] - The company has optimized its branch resources and opened new branches in Zhangjiagang and Xinbei, enhancing operational efficiency[52] - The company has actively explored the integration of its information technology advantages with local urban construction, enhancing customer service experience[52] Future Outlook - The company anticipates total assets to grow by approximately CNY 12,000,000 thousand in 2020, with net profit expected to increase by 8%-10%[134]