证券代码：601528 证券简称：瑞丰银行 公告编号：2023-023 浙江绍兴瑞丰农村商业银行股份有限公司 关于召开 2022 年度业绩说明会的公告 本次投资者说明会以视频结合网络互动方式召开，本行将针对 2022 年度经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、业绩说明会召开的时间、地点 1 会议召开时间：2023 年 04 月 12 日(星期三) 上午 10:00-11:30 会 议 召 开 地 点 ： 上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 （一）会议召开时间：2023 年 04 月 12 日(星期三) 上午 10:00-11:30 （ 二 ） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 浙江绍兴瑞丰农村商业银行股份有限公司（以下简称"本行"）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 ...

Financial Performance - The bank achieved a net profit of 1.55 billion RMB in 2022, representing a growth of 19.81% compared to the previous year[10]. - Operating income increased by 6.49% year-on-year, reaching 3.52 billion RMB, driven by steady growth in both net interest income and non-interest income[17]. - The bank's net interest income rose to 3.19 billion RMB, a 6.44% increase from 2.99 billion RMB in 2021[17]. - Non-interest income grew by 6.96% to 336.51 million RMB, primarily due to increased investment income and other revenues[21]. - The bank's effective tax rate decreased by 11.38%, resulting in income tax expenses of 66.49 million RMB[17]. - The net profit for the year was 2.3 trillion yuan, representing a year-on-year increase of 5.4%[25]. - The company's total revenue for 2022 was CNY 3,524,998, an increase of 6.49% compared to CNY 3,310,241 in 2021[127]. - Net profit for 2022 reached CNY 1,551,461, reflecting a growth of 19.81% from CNY 1,294,943 in 2021[127]. Asset and Liability Management - The bank's total assets reached 379.39 trillion RMB, with a year-on-year growth of 10.0%[24]. - The total assets at the end of 2022 amounted to CNY 159,622,748, which is a 16.63% increase from CNY 136,867,516 at the end of 2021[127]. - The total liabilities amounted to 144.45 trillion RMB, reflecting a growth of 17.39% from the previous period[31]. - The total liabilities increased to CNY 144,446,949, representing a 17.39% rise from CNY 123,051,420 in 2021[127]. - The bank's capital adequacy ratio was 15.17%, up by 0.04 percentage points from the end of the previous year[25]. - The capital adequacy ratio at the end of 2022 was 15.58%, exceeding the regulatory requirement of 10.5%[121]. Loan and Credit Management - The bank's loans to small and micro enterprises amounted to 59.7 trillion RMB, reflecting the bank's commitment to supporting the real economy[24]. - The total loan amount of the bank reached 102.896 billion RMB, an increase of 17.861 billion RMB compared to the previous year[33]. - Corporate loans amounted to 42.079 billion RMB, accounting for 40.89% of total loans, with an increase of 11.689 billion RMB year-on-year[33]. - Personal loans totaled 53.126 billion RMB, representing 51.63% of total loans, with a slight decrease from 60.81% at the beginning of the period[33]. - The bank's non-performing loan ratio stood at 1.08%, with a notable increase in the manufacturing sector's non-performing rate to 0.41%[39]. - The total amount of overdue loans at the end of the reporting period was CNY 1,088,597, accounting for 1.06% of total loans[47]. - The bank's total amount of loans classified as normal was CNY 100,290,307, accounting for 97.47% of total loans[44]. - The bank's loan loss provision balance increased by 534.3 billion yuan to 6.1 trillion yuan, with a provision coverage ratio of 205.85%, up by 8.94 percentage points from the end of the previous year[25]. Risk Management - The bank's credit impairment losses decreased by 3.76% to 821.96 million RMB, indicating improved asset quality[17]. - The company has implemented various measures to effectively manage and control risks, including credit risk, market risk, liquidity risk, and operational risk[95]. - The bank's risk management system has been enhanced, focusing on comprehensive risk management and digital transformation to improve risk control capabilities[170]. - The bank has established a dual-layer early warning management model for credit risk, enhancing the effectiveness of risk management through data-driven approaches[170]. - The company aims to improve overall risk management capabilities through enhanced collaboration among departments and agile risk monitoring mechanisms[93]. Customer and Market Engagement - The number of high-net-worth clients (three-star and above) increased by 31.34% year-on-year, reaching 35,789 clients, with AUM growth of 35.33% to an additional RMB 10,843 million[73]. - The bank's inclusive financial services reached 30105 individual operating loan customers with a total loan balance of 14.385 billion yuan, an increase of 2.142 billion yuan or 17.5% year-on-year[145]. - The bank's digital marketing system integrates customer information to create a 360-degree view, enhancing precision in customer management and marketing[146]. - The bank's digital transformation strategy includes the establishment of a digital financial center and the implementation of 38 key digital reform projects over the next three to five years[153]. - The bank's wealth management business has seen rapid growth, with a focus on product innovation and optimizing the product system[72]. Operational Efficiency - The bank's operating expenses increased by 4.19% to 2.03 billion RMB, mainly due to rising business and management costs[17]. - The total amount of "共富贷" (Common Prosperity Loan) signed contracts reached 6.382 billion RMB, with 36,700 actual signings and a new customer rate of 78.38%[163]. - The bank's total operating costs were 2,026,113 thousand RMB, which is a 4.19% increase from the previous year[163]. - The bank's profit before tax was 1,498,885 thousand RMB, with a year-on-year increase of 9.76%[165]. - The bank's employee expenses amounted to RMB 767,255 thousand, which is 65.39% of total expenses, showing a year-on-year increase of 10.86%[176]. Digital Transformation - The bank's digital financial products, such as "Common Prosperity Loan" and "Micro E Loan," have expanded the coverage of inclusive finance[171]. - The bank has established a digital risk control system for retail business, achieving precise management at all stages of the loan process[146]. - The bank's digital reform efforts have been recognized as a benchmark within the Zhejiang rural commercial bank system[148]. - The bank aims to enhance digital risk control and customer digital management capabilities as part of its future strategy[148].

Financial Performance - Operating revenue for Q3 2022 reached RMB 956,195,000, an increase of 5.89% compared to the same period last year[6]. - Net profit attributable to shareholders was RMB 451,290,000, reflecting a growth of 22.56% year-on-year[6]. - Basic earnings per share for the quarter was RMB 0.30, up 20.00% from the previous year[6]. - The net profit for Q3 2022 was 1,092,050 thousand RMB, an increase from 895,414 thousand RMB in Q3 2021, representing a growth of approximately 22%[26]. - The total profit for Q3 2022 reached 1,164,774 thousand RMB, compared to 967,682 thousand RMB in the same period last year, marking an increase of about 20%[26]. - Operating profit for Q3 2022 was 1,153,933 thousand RMB, up from 957,807 thousand RMB in Q3 2021, reflecting a growth of around 20%[26]. - The company reported a total comprehensive income of CNY 1,137,349 thousand, compared to CNY 950,714 thousand in Q3 2021, indicating a growth of 19.6%[32]. - Zhejiang Shaoxing Ruifeng Rural Commercial Bank reported a net profit of 1.2 billion RMB for Q3 2022, representing a year-on-year increase of 15%[38]. Asset and Liability Management - Total assets at the end of the reporting period amounted to RMB 158,345,111,000, representing a 15.69% increase from the end of the previous year[6]. - Total assets increased to CNY 158,345,111 thousand, compared to CNY 136,867,516 thousand in the previous year, marking a growth of 15.6%[23]. - Total assets increased to CNY 155,032,027 thousand, up from CNY 133,868,500 thousand, marking a growth of 15.7%[31]. - Total liabilities rose to CNY 140,645,143 thousand, compared to CNY 120,445,281 thousand, reflecting a year-over-year increase of 16.7%[31]. - The total deposits reached RMB 121,060,691,000 as of September 30, 2022, compared to RMB 100,327,048,000 at the end of 2021[13]. - Total deposits increased to CNY 163,441,780 thousand, up from CNY 156,522,296 thousand, representing a growth of 4.9%[17]. - Customer deposits and interbank deposits increased by 20,696,112 thousand RMB in the first nine months of 2022, compared to 9,084,593 thousand RMB in the same period of 2021, indicating a growth of over 127%[29]. - User deposits increased by 8% year-on-year, totaling 80 billion RMB as of the end of Q3 2022[38]. Operational Efficiency - The weighted average return on equity increased to 3.17%, up 0.31 percentage points compared to the same period last year[6]. - The cost-to-income ratio decreased to 27.85% from 32.22% in the previous year, showing improved operational efficiency[19]. - The leverage ratio as of September 30, 2022, was 8.97%, slightly down from 9.03% in the previous quarter, indicating a stable capital structure[17]. - The bank's non-performing loan ratio improved to 1.5%, down from 1.8% in the previous quarter[38]. Cash Flow and Investments - Cash flow from operating activities for the year-to-date increased significantly by 159.19% to RMB 2,979,673,000[6][9]. - The cash flow from operating activities for the first nine months of 2022 was 2,979,673 thousand RMB, a significant improvement from a negative cash flow of 5,034,391 thousand RMB in the same period of 2021[29]. - The net cash flow from operating activities was CNY 2,903,825 thousand, a turnaround from a negative cash flow of CNY -5,657,890 thousand in the previous year[36]. - The company recorded an increase in investment income to CNY 340,246 thousand, up from CNY 252,878 thousand, reflecting a growth of 34.5%[31]. - The net cash flow from financing activities for Q3 2022 was 2,613,294 thousand RMB, down from 3,256,797 thousand RMB in Q3 2021[30]. Future Outlook and Strategic Initiatives - The company plans to continue expanding its market presence and enhancing its product offerings in the upcoming quarters[6]. - The bank plans to expand its branch network by 20% over the next year to enhance customer reach[38]. - New digital banking services are expected to launch in Q1 2023, aiming to increase user engagement by 25%[38]. - Future guidance indicates a target net profit growth of 12% for the full year 2022[38]. - The bank is exploring potential mergers with smaller regional banks to enhance market share[38]. - Investment in technology upgrades is projected to increase by 30% in 2023 to improve operational efficiency[38]. - The bank aims to achieve a return on equity of 10% by the end of 2023[38].

Financial Performance - The company's operating income for the first half of 2022 was CNY 1,749,128 thousand, representing a 13.43% increase compared to CNY 1,542,020 thousand in the same period of 2021[23]. - Net profit for the first half of 2022 reached CNY 634,114 thousand, a 20.13% increase from CNY 527,863 thousand in the first half of 2021[23]. - The net profit margin for the first half of 2022 was 36.24%, compared to 34.19% in the same period of 2021, indicating an improvement in profitability[23]. - The company's basic earnings per share for the first half of 2022 was CNY 0.41, up 7.89% from CNY 0.38 in the same period of 2021[23]. - The total assets as of June 30, 2022, amounted to CNY 151,938,655 thousand, an 11.01% increase from CNY 136,867,516 thousand at the end of 2021[23]. - The total loans increased to CNY 93,297,845 thousand, a 9.72% rise from CNY 85,034,312 thousand at the end of 2021[23]. - The company reported a significant increase in cash flow from operating activities, with a net cash flow of CNY 2,868,572 thousand, compared to a negative cash flow of CNY -6,736,021 thousand in the first half of 2021, marking a 142.59% improvement[23]. Risk Management - The report indicates that there are no foreseeable major risks, with the main risks being credit risk, liquidity risk, market risk, and operational risk, all of which are being effectively managed[7]. - The company has taken various measures to manage and control risks effectively, as detailed in the management discussion and analysis section[7]. - The bank's risk management system emphasizes comprehensive risk management, with a focus on pre-loan, mid-loan, and post-loan controls[38]. - The bank has established a comprehensive risk management framework, enhancing pre-loan, mid-loan, and post-loan risk monitoring to improve operational risk capabilities[111]. - The liquidity risk management policy has been updated, ensuring a robust liquidity level with sufficient high-quality liquid assets maintained throughout the reporting period[115]. - The market risk management framework includes strict limit management for trading accounts, with measures in place to enhance trading capabilities and asset allocation strategies[117]. Corporate Governance - The financial report has been confirmed for its authenticity and completeness by the company's legal representative and senior management[4]. - The report has not been audited, and the board of directors has ensured the accuracy of the financial report[4]. - The bank held two shareholder meetings during the reporting period, approving 19 proposals and related sub-proposals[135]. - The bank's 2021 annual report and financial statements were approved during the annual shareholder meeting on April 20, 2022[136]. - The bank's first extraordinary shareholder meeting in 2022 approved a stock price stabilization plan on June 20, 2022[137]. - The bank appointed Zhang Xiangrong as the new president, with qualifications approved by the regulatory authority[139]. Shareholder Information - The lock-up period for shareholders of Ruifeng Bank is set for 36 months, during which they cannot transfer or manage their shares, with a maximum of 15% of shares allowed for sale annually after the lock-up period[158]. - The total number of shares before the change was 1,509,354,919, with 90% being restricted shares[176]. - The number of restricted shares decreased by 455,698,270, resulting in 902,721,157 restricted shares remaining, which is 59.81% of the total[176]. - The number of unrestricted circulating shares increased by 455,698,270, leading to a total of 606,633,762 unrestricted shares, which is 40.19% of the total[176]. - The company had 44,459 common shareholders by the end of the reporting period[179]. Loan and Deposit Activities - The bank's total deposits amounted to CNY 112.90 billion, reflecting a growth of 12.53% year-to-date[43]. - The bank's total loans increased to CNY 93,297,845 thousand, a 9.72% rise from CNY 85,034,312 thousand at the end of 2021[23]. - Corporate loan balance increased to CNY 36.40 billion, a growth of 19.77% year-to-date[46]. - The number of personal wealth clients increased to 32,677, up by 19.98% from the beginning of the year[49]. - The bank's total liabilities were CNY 137.65 billion, reflecting an 11.86% increase from the previous year[74]. Digital Transformation and Innovation - The bank has established a digital financial center covering 70,000 square meters and planned 38 key digital reform projects over the next three to five years[40]. - The bank's digital transformation strategy includes a "three-step" approach to becoming a digital bank, enhancing online and digital services[40]. - The bank has launched innovative retail financial products, including a specialized credit card team and a digital customer tagging system, enhancing customer engagement and marketing strategies[128]. Green Finance Initiatives - The bank issued green loans totaling 778 million yuan, with loans related to carbon efficiency amounting to 10.167 billion yuan[147]. - The bank has launched a series of green financial products, including "Green Energy Loans" and "Carbon Reduction Loans" to support low-carbon initiatives[145]. - The bank is actively promoting energy-saving and emission-reduction industries, focusing on enterprises with key environmental technologies[147]. Legal and Compliance - As of the end of the reporting period, there are 58 pending lawsuits involving Ruifeng Bank, with a total amount of 123,114 thousand yuan related to credit disputes[161]. - The bank has no major litigation or arbitration matters during the reporting period, ensuring a stable legal standing[161].

Financial Performance - The company's operating income for the first quarter reached CNY 845,985,000, representing a year-on-year increase of 12.63%[5] - Net profit attributable to shareholders was CNY 298,510,000, reflecting an 18.80% increase compared to the same period last year[5] - The total operating revenue for Q1 2022 was CNY 845,985,000, an increase from CNY 751,093,000 in Q1 2021, representing a growth of approximately 12.6%[17] - Net interest income for Q1 2022 was CNY 743,872,000, compared to CNY 732,606,000 in Q1 2021, showing a slight increase of about 1.8%[17] - The net profit for Q1 2022 reached CNY 302,227,000, up from CNY 254,480,000 in Q1 2021, indicating a growth of approximately 18.8%[18] - The company reported a basic earnings per share of CNY 0.20, an increase of 11.11% year-on-year[5] Assets and Liabilities - Total assets at the end of the reporting period were CNY 143,388,403,000, up 4.76% from the end of the previous year[5] - The total liabilities increased to CNY 129,250,314,000 as of March 31, 2022, from CNY 123,051,420,000 as of December 31, 2021[17] - The total deposits reached CNY 107,459,773,000, an increase from CNY 100,327,048,000 at the end of the previous year[11] - The total loans amounted to CNY 89,366,793,000, compared to CNY 85,034,312,000 at the end of the previous year[11] Capital and Ratios - The core Tier 1 capital adequacy ratio stood at 14.89%[11] - The capital adequacy ratio as of March 31, 2022, was 17.67%, a decrease from 18.85% as of December 31, 2021[16] - The weighted average return on equity was 2.17%, a decrease of 0.08 percentage points compared to the previous year[5] - The average return on total assets decreased to 0.86% as of March 31, 2022, down from 0.97% as of December 31, 2021[16] - The non-performing loan ratio slightly improved to 1.24% as of March 31, 2022, compared to 1.25% as of December 31, 2021[16] - The provision coverage ratio increased to 260.81% as of March 31, 2022, compared to 252.90% as of December 31, 2021[16] Cash Flow - The net cash flow from operating activities surged by 132.78%, amounting to CNY 1,597,189,000, driven by an increase in customer deposits[5][7] - Net cash flow from operating activities increased to CNY 1,597,189 thousand, compared to a net outflow of CNY 4,872,253 thousand in the same period last year, marking a significant turnaround[22] - Customer deposits and interbank placements net increase reached CNY 8,123,856 thousand, up from CNY 4,696,189 thousand year-over-year, indicating strong customer confidence[22] - Total cash inflow from investment activities was CNY 3,379,861 thousand, down from CNY 4,661,138 thousand in the previous year, reflecting a decrease in investment recovery[23] - Cash outflow from investment activities was CNY 6,073,299 thousand, compared to CNY 7,493,994 thousand in the same period last year, showing a reduction in investment spending[23] - Net cash flow from financing activities was negative CNY 498,114 thousand, a decline from a positive CNY 3,680,193 thousand in the previous year, indicating increased debt repayments[23] - The total cash and cash equivalents at the end of the period stood at CNY 9,195,497 thousand, down from CNY 9,485,423 thousand year-over-year[23] - The net increase in cash and cash equivalents was negative CNY 1,605,759 thousand, compared to a decrease of CNY 4,022,107 thousand in the same quarter last year, showing improved cash management[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,520[8] - Interest, fees, and commissions received amounted to CNY 1,345,463 thousand, slightly up from CNY 1,307,634 thousand year-over-year, indicating stable revenue from core operations[22] - The net increase in customer loans and advances was CNY 4,447,780 thousand, compared to CNY 3,660,702 thousand in the previous year, reflecting growth in lending activities[22] - The company reported a significant increase in cash received from investment recoveries, totaling CNY 3,323,680 thousand, although this was lower than the previous year's CNY 4,596,441 thousand[23]

Financial Performance - The total operating income for 2021 was RMB 3,310,241 thousand, representing a 10.02% increase compared to 2020[21]. - The net profit for 2021 reached RMB 1,294,943 thousand, reflecting a growth of 15.66% year-over-year[21]. - Total assets as of the end of 2021 amounted to RMB 136,867,516 thousand, a 5.68% increase from the previous year[21]. - The total liabilities increased by 4.05% to RMB 123,051,420 thousand at the end of 2021[21]. - Shareholder equity rose by 22.77% to RMB 13,816,096 thousand compared to the end of 2020[21]. - Total deposits reached RMB 100,327,048 thousand, marking a 10.57% increase from the previous year[21]. - The total loan amount was RMB 85,034,312 thousand, which is a 10.97% increase year-over-year[21]. - Basic earnings per share increased by 9.88% to CNY 0.89 in 2021 compared to CNY 0.81 in 2020[22]. - The net asset return rate decreased by 0.10 percentage points to 10.33% in 2021 from 10.43% in 2020[22]. - The capital adequacy ratio improved by 0.60 percentage points to 18.85% in 2021, up from 18.25% in 2020[26]. - The non-performing loan ratio decreased to 1.25% in 2021 from 1.32% in 2020, a reduction of 0.07 percentage points[24]. - The provision coverage ratio increased by 18.49 percentage points to 252.90% in 2021 compared to 234.41% in 2020[24]. - Total operating income for Q4 2021 was CNY 865,242,000, with net profit attributable to shareholders at CNY 383,646,000[28]. Risk Management - The company has no foreseeable major risks and has implemented measures to manage various risks effectively[7]. - The bank has established a comprehensive credit risk management system covering the entire loan process, including loan acceptance, credit rating, due diligence, and post-loan management[111]. - The bank's liquidity risk management includes regular stress testing and daily monitoring of liquidity indicators, ensuring a robust liquidity position[116]. - The bank's market risk management involves setting risk limits based on market exposure and implementing a comprehensive monitoring system for risk alerts[118]. - The bank has optimized its non-performing loan management strategies, including setting reasonable control targets and implementing tailored solutions for risk loans[114]. - The bank's risk management framework has been strengthened by revising internal control regulations and establishing a risk preference and limit indicator system[112]. Digital Transformation and Technology Investment - The bank's technology investment reached a new high, focusing on digital transformation and enhancing data governance capabilities[37]. - The company is focused on digital transformation, planning a "three-step" strategy to evolve into a digital bank by the end of the 14th Five-Year Plan[44]. - The bank has enhanced its digital risk control capabilities by establishing a centralized monitoring project and improving risk data management[114]. - The company introduced digital loan products such as "Citizen Loan," "Cloud Insurance Loan," and "Cloud Business Loan," enhancing customer loan convenience[127]. - The company is investing in new technology development, allocating 50 million for R&D in the next fiscal year[156]. Corporate Governance - The company’s governance structure includes a board of 17 members and a supervisory board of 9 members, ensuring compliance with legal regulations[139][140]. - The company held three shareholder meetings during the reporting period, passing 24 resolutions[139]. - The company’s governance practices were verified by Zhejiang Bank Law Firm during the annual shareholder meeting[144]. - The company has maintained a consistent governance structure with a focus on compliance and regulatory approval for board appointments[161]. - The company has established a compensation committee under the board to formulate remuneration policies based on performance evaluations[160]. Future Outlook and Strategic Goals - In 2022, the company expects a net profit growth of over 10%[134]. - The bank aims to enhance its digital capabilities and deepen its transformation towards retail banking and digital reforms[133]. - The company plans to focus on supporting the local economy and providing targeted financial products and services[132]. - The bank will continue to improve asset quality and expects a slight stabilization in interest margins[132]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position, with a focus on companies that align with its strategic goals[150]. Employee and Training Initiatives - The total number of employees in the parent company is 2,131, with a combined total of 2,238 employees including major subsidiaries[178]. - The company conducted 994 training sessions during the reporting period, accumulating 2,548 hours of training with 28,822 participants[181]. Social Responsibility and Sustainability - The company is committed to fulfilling social responsibilities, as detailed in the 2021 Social Responsibility Report available on the Shanghai Stock Exchange website[199]. - The company promotes energy-saving practices in daily management and advocates for low-carbon living through green office initiatives[197]. - The company has implemented green credit products, such as pollution rights mortgage loans, to enhance environmental protection and improve local ecological systems[197].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 902,979,000, representing an increase of 18.39% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was CNY 368,231,000, reflecting a year-on-year growth of 13.82%[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 356,567,000, up by 12.07% year-on-year[6]. - Total operating income for the first three quarters of 2021 reached CNY 2,444,999 thousand, an increase of 7.8% compared to CNY 2,266,746 thousand in the same period of 2020[33]. - Net profit attributable to shareholders of the parent company increased to CNY 887,486 thousand, a rise of 13.3% from CNY 784,080 thousand in the previous year[34]. - The bank's total comprehensive income for the first three quarters was CNY 987,322 thousand, compared to CNY 610,487 thousand in the previous year[34]. Assets and Liabilities - The total assets at the end of Q3 2021 reached CNY 137,711,691,000, marking a 6.33% increase from the end of the previous year[9]. - Total assets increased to RMB 137,711,691 thousand as of September 30, 2021, from RMB 129,516,172 thousand as of December 31, 2020, marking a growth of approximately 6.3%[28]. - The total liabilities as of September 30, 2021, were RMB 124,296,031 thousand, compared to RMB 118,262,856 thousand as of December 31, 2020, reflecting an increase of about 5.9%[29]. - Total liabilities rose to 118,324,711, reflecting an adjustment of 61,855[43]. Equity and Capital - The equity attributable to shareholders at the end of Q3 2021 was CNY 13,188,748,000, which is a 19.60% increase compared to the previous year[9]. - The total equity attributable to shareholders increased to RMB 13,188,748 thousand as of September 30, 2021, from RMB 11,027,612 thousand as of December 31, 2020, representing a growth of approximately 19.6%[29]. - The core tier 1 capital adequacy ratio was 15.45% as of September 30, 2021, compared to 14.66% as of December 31, 2020, indicating improved capital strength[21]. Earnings and Returns - The basic earnings per share for Q3 2021 was CNY 0.25, an increase of 4.17% year-on-year[8]. - The weighted average return on equity for Q3 2021 was 2.86%, a decrease of 0.22 percentage points compared to the same period last year[8]. - The average return on total assets was 0.89% for the period ending September 30, 2021, compared to 0.94% for the same period in 2020[21]. - Basic and diluted earnings per share increased to CNY 0.63, up from CNY 0.58 in the same period last year[34]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -5,034,391,000, showing a significant decline of 415.56% year-on-year[9]. - The net cash flow from operating activities was negative at CNY -5,034,391 thousand, a decline from CNY 1,595,408 thousand in the previous year[38]. - Investment cash inflow totaled CNY 23,050,211 thousand, up from CNY 20,280,650 thousand year-on-year[38]. - The net cash flow from financing activities was CNY 3,256,797 thousand, an increase from CNY 2,424,841 thousand in the same period of 2020[39]. - The bank's cash and cash equivalents at the end of the period stood at CNY 10,224,971 thousand, compared to CNY 5,758,930 thousand at the end of the same period last year[39]. Asset Quality - The non-performing loan ratio decreased to 1.26% as of September 30, 2021, down from 1.32% as of December 31, 2020, showing enhanced asset quality[21]. - The company reported a provision coverage ratio of 251.95% as of September 30, 2021, compared to 234.41% as of December 31, 2020, indicating a strong buffer against potential loan losses[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,397[14].

Financial Performance - The total operating income for the first half of 2021 was CNY 1,542,020,000, representing a 2.53% increase compared to CNY 1,503,999,000 in the same period last year[25]. - The net profit for the first half of 2021 reached CNY 527,863,000, which is a 13.85% increase from CNY 463,654,000 year-on-year[25]. - The basic earnings per share for the first half of 2021 was CNY 0.38, an increase of 11.76% from CNY 0.34 in the same period last year[26]. - The company achieved operating revenue of 1.54 billion RMB, an increase of 2.53% year-on-year[42]. - Net profit attributable to shareholders reached 519.25 million RMB, up 12.75% compared to the previous year[47]. - The total comprehensive income for the first half of 2021 was CNY 539,926, compared to CNY 454,092 in the same period last year, indicating a growth of 18.9%[175]. Asset and Liability Growth - The total assets at the end of the reporting period amounted to CNY 136,153,325,000, reflecting a 5.12% growth from CNY 129,516,172,000 at the end of the previous year[25]. - The total deposits increased to CNY 100,192,528,000, marking a 10.42% rise from CNY 90,734,906,000 year-on-year[25]. - The total loans reached CNY 82,920,982,000, which is an 8.21% increase compared to CNY 76,629,389,000 in the previous year[25]. - Total liabilities were 123,147,197, up from 118,262,856 year-on-year[68]. - The company's total equity increased to CNY 13,006,128 thousand, with a net increase of CNY 1,759,532 thousand during the period[92]. Risk Management - The company has taken various measures to effectively manage and control risks, including credit risk, market risk, liquidity risk, and operational risk[7]. - The non-performing loan ratio decreased to 1.29%, down by 0.03 percentage points from the previous year[29]. - The provision coverage ratio improved to 247.83%, an increase of 13.42 percentage points year-on-year[29]. - The company established a risk management system with a focus on comprehensive risk management and digital risk control transformation[36]. Cash Flow and Investment - The company reported a net cash flow from operating activities of CNY -6,736,021,000, a significant decrease compared to CNY -554,792,000 in the same period last year[25]. - The company reported a significant increase in fundraising activities, with net cash flow from financing activities rising by 65.72% to 4.70 billion RMB[42]. - Cash flow from financing activities showed a net increase of 4,702,788 thousand RMB, up from 2,840,377 thousand RMB in the previous year[187]. Shareholder Information - The total number of shares before the change was 1,358,419,427, and after the issuance of 150,935,492 new shares, the total increased to 1,509,354,919[134]. - The largest shareholder, Shaoxing Keqiao Tiansheng Investment Management Co., Ltd., holds 101,428,589 shares, representing 6.72% of the total[140]. - All limited sale shares held by the top ten shareholders will become tradable in June 2024, after a 36-month lock-up period[143]. Strategic Initiatives - The company implemented a "three-step" strategy for digital transformation, aiming to evolve from "having data" to becoming a "digital bank" during the 14th Five-Year Plan[37]. - 瑞丰银行推出绿色信贷产品，如排污抵押贷款，以支持企业低碳生产和生态建设[111]. - 瑞丰银行计划在未来加大对智慧农业和乡村基础设施项目的信贷支持力度[116].