成都银行股份有限公司 2019 年年度报告 成都银行股份有限公司 BANK OF CHENGDU CO., LTD. （股票代码：601838） 二○一九年年度报告 二〇二〇年四月 1 成都银行股份有限公司 义 . 释 第一节 重要提示 第二节 公司简介和主要财务指标…………………………………………………………………………………………………………………………………… b 第三节 公司业务概要 第四节 经营情况讨论与分析……………………………………………………………………………………………………………………… 21 第五节 重要事项 第六节 股份变动及股东情况 2019 年年度报告 目 录 第七节 董事、监事、高级管理人员和员工情况………………………………………………………………………………………………………78 | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - Total operating income for the first nine months of 2018 reached RMB 8,418,147,000, an increase of 28.59% compared to RMB 6,546,592,000 in the same period of 2017[8] - Net profit attributable to shareholders of the parent company was RMB 3,395,795,000, reflecting a growth of 20.85% from RMB 2,809,978,000 year-on-year[8] - Basic earnings per share for the first nine months of 2018 were RMB 0.95, a rise of 10.47% compared to RMB 0.86 in the same period of 2017[10] - Total comprehensive income for the first nine months of 2018 was RMB 3,469,377,000, an increase from RMB 2,802,186,000 in 2017[50] - The company reported a net profit of RMB 1,274,912,000 for the third quarter of 2018, compared to RMB 1,159,393,000 in the same quarter of 2017, marking a 9.9% increase[53] - The net profit attributable to shareholders was CNY 3.40 billion, up CNY 586 million, or 20.85% year-on-year[18] Assets and Liabilities - Total assets as of September 30, 2018, amounted to RMB 484,009,792,000, representing an increase of 11.38% from RMB 434,539,478,000 at the end of 2017[8] - The total liabilities increased to RMB 454,034,423,000, marking a growth of 10.87% from RMB 409,515,036,000 year-on-year[10] - The total amount of loans and advances issued was RMB 173,660,164,000, up by 16.81% from RMB 148,662,682,000 in the previous year[10] - The total deposits absorbed reached RMB 352,465,241,000, an increase of 12.68% from RMB 312,797,150,000 in the previous year[10] - Total assets reached CNY 484.01 billion, an increase of CNY 49.47 billion, or 11.38% from the beginning of the year[18] - The total liabilities increased to CNY 454,034,423 thousand from CNY 409,515,036 thousand, reflecting a growth of 10.8% year-over-year[46] Cash Flow and Investments - The net cash flow from operating activities was RMB 2,628,242,000, a significant decrease of 93.90% compared to RMB 43,062,592,000 in the same period last year[8] - The net cash outflow from investing activities was CNY (68,553,331) thousand for the first nine months of 2018, compared to CNY (26,666,504) thousand in the same period of 2017, indicating increased investment expenditures[60] - The cash inflow from financing activities for the first nine months of 2018 was CNY 19,749,153 thousand, a significant increase from CNY 3,556,493 thousand in the same period of 2017[60] - The total cash and cash equivalents at the end of September 2018 were CNY 13,994,744 thousand, down from CNY 62,308,615 thousand at the end of September 2017[60] - The cash inflow from investment activities was CNY 100,175,107 thousand, compared to CNY 78,886,801 thousand in the same period of 2017, showing a year-over-year increase of approximately 27%[60] Capital and Ratios - The weighted average return on equity decreased to 11.91%, down by 0.43 percentage points from 12.34% in the previous year[10] - The net core tier 1 capital as of September 30, 2018, is CNY 30,006,482 thousand, an increase from CNY 25,026,939 thousand as of December 31, 2017, representing a growth of 19.5%[31] - The core tier 1 capital adequacy ratio improved to 10.65% from 10.47% in the previous year, indicating a stronger capital position[31] - The leverage ratio as of September 30, 2018, is 6.09%, up from 5.61% as of December 31, 2017, showing enhanced financial stability[34] - The liquidity coverage ratio decreased to 146.53% from 185.46%, indicating a tighter liquidity position compared to the previous year[37] Strategic Initiatives - The company plans to issue CNY 500 million of special financial bonds for innovation and entrepreneurship, pending shareholder approval[24] - The company increased its stake in Sichuan Jincheng Consumer Finance Co., Ltd. to 38.86% following a capital increase[24] - The bank's focus on expanding its asset base and improving capital ratios indicates a strategic direction towards sustainable growth and risk management[31]

Financial Performance - The operating income for the first half of 2018 was RMB 5,433,220 thousand, representing a 31.89% increase compared to RMB 4,119,445 thousand in the same period of 2017[18]. - The net profit attributable to shareholders of the parent company reached RMB 2,122,984 thousand, up 28.49% from RMB 1,652,265 thousand in the first half of 2017[18]. - Net profit for the first half of the year was CNY 2.124 billion, representing a year-on-year increase of 28.55%[53]. - Operating income amounted to CNY 5.433 billion, reflecting a growth of 31.89% compared to the same period last year[52]. - Basic earnings per share rose by 17.65% to CNY 0.60 from CNY 0.51[28]. - Non-interest income accounted for 19.66% of total income, an increase of 3.30 percentage points year-on-year[49]. - Net interest income for the period was 4.37 billion, resulting in a net interest margin of 2.16%[105]. Asset and Liability Management - Total assets as of June 30, 2018, amounted to RMB 473,757,049 thousand, reflecting a 9.03% increase from RMB 434,539,478 thousand at the end of 2017[18]. - The total liabilities increased by 8.70% to RMB 445,143,397 thousand from RMB 409,515,036 thousand at the end of 2017[18]. - Total deposits reached CNY 344.84 billion, an increase of 10.24% compared to CNY 312.80 billion in the previous year[28]. - The capital adequacy ratio stood at 13.73%, slightly up from 13.66%[30]. - The bank's leverage ratio was reported at 5.94%[31]. - Total interest-bearing liabilities amounted to 410.87 billion, with interest expenses of 4.31 billion and an average interest rate of 2.12%[105]. Loan and Credit Quality - The total amount of loans and advances issued was RMB 162,782,542 thousand, which is a 9.50% increase from RMB 148,662,682 thousand at the end of 2017[18]. - The bank's loan loss provisions increased by 19.59% to RMB 6,067,976 thousand from RMB 5,074,015 thousand at the end of 2017[18]. - The non-performing loan ratio improved to 1.61% from 1.69% in the previous year[23]. - The provision coverage ratio increased to 231.99%, up from 201.41%[23]. - The total non-performing loans amounted to CNY 2.616 billion, an increase of CNY 96 million from the beginning of the year, with a non-performing loan ratio of 1.61%, down by 0.08 percentage points[90]. - The bank's normal loans accounted for 95.93% of total loans, increasing from 95.56% at the end of 2017, with an increase of CNY 14.089 billion[92]. Risk Management - The bank has no foreseeable major risks and has implemented measures to effectively manage various operational risks[13]. - The bank plans to strengthen risk prevention and resolution measures, continuously improving its credit system and risk management capabilities[46]. - The company has established a clear organizational structure for credit risk management under the board of directors, ensuring independent risk management with a three-tier system of decision-making, supervision, and execution[123]. - The company has implemented a robust credit policy to promote credit structure adjustment, focusing on the development of small and micro enterprises and personal loan businesses[124]. - The company has enhanced liquidity risk management by improving liquidity indicator limit systems to ensure compliance with regulatory requirements[132]. Customer Engagement and Services - The number of personal online banking customers increased by 80,000, while mobile banking customers grew by 145,800, and WeChat banking customers increased by 259,300, enhancing customer engagement[42]. - The bank's investment in available-for-sale financial assets increased by 40.62% to 51,623,253 thousand yuan, indicating a strategic shift towards more liquid investments[74]. - The bank is accelerating the construction of key projects like data centers and big data platforms to enhance technological capabilities[145]. Corporate Governance and Shareholder Information - The bank did not distribute cash dividends or bonus shares for the reporting period[11]. - The company approved a cash dividend of CNY 0.28 per share, totaling CNY 1,011,430,373.52, based on a total share capital of 3,612,251,334 shares[155]. - The total number of ordinary shares increased to 3,612,251,334 after the issuance of 361,225,134 new shares[182]. - The top shareholder, a state-owned enterprise, holds 652,418,000 shares, representing 18.06% of total shares[188]. Social Responsibility and Community Engagement - In the first half of 2018, the company contributed nearly CNY 4 million in various forms of assistance and public donations for poverty alleviation efforts[176]. - The company aims to enhance credit support for impoverished areas and improve financial literacy among the poor[178]. - The bank's financial education initiatives have been expanded to reach surrounding impoverished counties[177].

Financial Performance - The total operating income for Q1 2018 was CNY 2,568,970,000, representing a 23.59% increase compared to CNY 2,078,648,000 in Q1 2017[10] - The net profit attributable to shareholders of the parent company reached CNY 1,031,629,000, up 20.45% from CNY 856,483,000 in the same period last year[10] - The net profit for the first quarter of 2018 was RMB 1.03 billion, up from RMB 857.55 million in the same period of 2017, reflecting a year-on-year increase of about 20.2%[46] - The total comprehensive income for the parent company's shareholders was CNY 1,049,300 thousand in Q1 2018, compared to CNY 832,924 thousand in Q1 2017, representing a year-over-year increase of approximately 26%[48] - Basic and diluted earnings per share increased to CNY 0.30 in Q1 2018 from CNY 0.26 in Q1 2017, reflecting a growth of 15.38%[48] Assets and Liabilities - The total assets as of March 31, 2018, amounted to CNY 454,379,305,000, reflecting a 4.57% increase from CNY 434,539,478,000 at the end of 2017[10] - The total assets of Chengdu Bank reached RMB 454.38 billion as of March 31, 2018, an increase from RMB 434.54 billion in the previous year, representing a growth of approximately 4.0%[40] - Total liabilities amounted to RMB 425.87 billion as of March 31, 2018, compared to RMB 409.52 billion a year earlier, which is an increase of approximately 4.0%[43] - The total liabilities increased by 3.99% to CNY 425,865,643,000 from CNY 409,515,036,000 at the end of 2017[15] Cash Flow - The net cash flow from operating activities was negative at CNY -24,826,437,000, worsening by 92.23% compared to CNY -12,915,300,000 in Q1 2017[10] - Cash inflow from investment activities totaled CNY 24,487,772 thousand in Q1 2018, down from CNY 35,580,496 thousand in Q1 2017, a decrease of approximately 31%[53] - Cash outflow from investment activities increased to CNY 56,271,068 thousand in Q1 2018, compared to CNY 44,062,883 thousand in Q1 2017, marking a rise of about 28%[53] - Net cash flow from financing activities was CNY 27,036,011 thousand in Q1 2018, compared to CNY 9,902,432 thousand in Q1 2017, showing an increase of approximately 173%[53] Loans and Deposits - The total loans and advances amounted to CNY 154,089,076,000, which is a 3.65% increase from CNY 148,662,682,000 at the end of 2017[10] - The bank's total loans and advances amounted to CNY 154,089,076 thousand, up from CNY 148,662,682 thousand, marking a growth of 3.03%[27] - The bank's customer deposits reached RMB 317.39 billion, up from RMB 312.80 billion in the previous year, reflecting a growth of about 1.8%[43] - The total deposits absorbed were CNY 317,386,366,000, reflecting a 1.47% increase from CNY 312,797,150,000 in the previous year[15] Investment and Income - Investment income surged by 121.00% to CNY 456,494 thousand, attributed to increased returns from available-for-sale financial assets[25] - The bank's investment income for the first quarter of 2018 was RMB 456.49 million, significantly higher than RMB 206.56 million in the same period of 2017, reflecting an increase of approximately 121.0%[46] - Interest income for the first quarter of 2018 was RMB 4.15 billion, compared to RMB 3.27 billion in the first quarter of 2017, marking a growth of approximately 27.0%[46] - The net interest income for the first quarter of 2018 was RMB 2.05 billion, an increase from RMB 1.75 billion in the same period of 2017, indicating a rise of about 17.3%[46] Risk and Capital Management - The non-performing loan ratio slightly decreased to 1.68% from 1.69% year-on-year, indicating stable asset quality[25] - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies in place[46] - The capital adequacy ratio improved to 14.66% from 13.66% in the previous year, reflecting stronger capital position[30] - The bank's core tier 1 capital adequacy ratio increased to 11.54% from 10.47% year-on-year, indicating enhanced capital strength[30] - The provision coverage ratio improved to 203.65% from 201.41%, reflecting a robust provisioning strategy[25] Liquidity - The liquidity coverage ratio decreased to 150.77% from 185.46%, indicating a tighter liquidity position[34]

Financial Performance - The total operating income for 2017 was CNY 9,654,118 thousand, representing an increase of 11.99% compared to 2016[21]. - The net profit attributable to shareholders of the parent company reached CNY 3,908,578 thousand, a growth of 51.64% year-on-year[21]. - The net cash flow from operating activities surged by 219.23% to CNY 42,607,093 thousand in 2017[21]. - The total assets increased by 20.39% to CNY 434,539,478 thousand compared to the previous year[21]. - The basic earnings per share rose to CNY 1.20, marking a 51.90% increase from 2016[23]. - The bank's total liabilities reached CNY 409,515,036 thousand, up by 20.81% from the previous year[21]. - The company achieved a deposit scale of CNY 312.8 billion, with a growth rate of 15.4%, surpassing the national average of 7.6%[45]. - The company reported a net profit of RMB 390,857.8 million for 2017, resulting in a cash dividend payout ratio of 25.88%[192]. Risk Management - The company has effectively managed various operational risks, including credit risk, market risk, liquidity risk, and operational risk[14]. - The company has no foreseeable significant risks and has taken measures to control various operational risks[13]. - The non-performing loan ratio improved to 1.69% from 2.21% in 2016[25]. - The non-performing loan ratio stood at 1.74%, with a non-performing loan balance of CNY 1.71 trillion, indicating effective risk management[44]. - The company has established a clear organizational structure for credit risk management under the board of directors, ensuring relative independence in risk management[150]. - The company has implemented a credit risk application scoring card project, enhancing the standardization and process management of retail credit risk[152]. - The bank's focus on improving judicial recovery efficiency led to faster processing of litigation cases related to non-performing loans[124]. - The bank's strategy included enhancing marketing efforts for asset disposal to improve the realization rate of collateral[124]. Awards and Recognition - The company received multiple awards in 2017, including being ranked 313th among the world's top 1,000 banks by "The Banker" magazine based on tier 1 capital[19]. - The company was recognized as the "Best Regional Commercial Bank" in 2017 by "Daily Economic News" and received several awards for its community banking services[19]. - The company has been awarded for its contributions to social responsibility and financial services, including the "Best Microfinance Service Bank" in 2017[19]. - The company has a strong focus on technological development, having received the "Annual Banking Technology Development Award" in 2016[19]. Operational Efficiency - The company has maintained a standard unqualified audit opinion from Ernst & Young Huaming Accounting Firm for its financial reports[9]. - The company has established a customer service center that was recognized as a "Youth Civilization Unit" in Sichuan Province[19]. - The company has developed core liability businesses to enhance funding stability and maintain a reasonable asset-liability structure[160]. - The company has strengthened its information technology governance by revising over 10 IT-related policies and enhancing its risk management framework[170]. Market Expansion and Development - The company has a commitment to expanding its market presence and enhancing its service offerings, as indicated by its various awards and recognitions[19]. - The company expanded its international business, increasing international settlement volume by 13% year-over-year, with 19 new strategic customers acquired[50]. - The company has plans for market expansion and new product development in the consumer finance sector[105]. - The bank's strategy includes deepening innovative systems to promote the growth of emerging businesses and optimizing branch layouts to support sustainable development[184]. Dividend Policy - The company reported a total cash dividend distribution of RMB 1,011.43 million, with a proposed cash dividend of RMB 2.8 per 10 shares based on a total share capital of 3,612,251,334 shares[9]. - The bank aims to extract 10% of the audited net profit for 2017 as statutory surplus reserves, totaling RMB 39,070 million[187]. - The bank's cash dividend policy emphasizes stable and continuous returns to investors while ensuring sustainable development[186]. Audit and Compliance - Chengdu Bank reported a standard unqualified audit opinion from Ernst & Young Hua Ming Accounting Firm for the fiscal year 2017[199]. - The remuneration for the auditing firm was set at 6.5 million yuan for the 2017 financial report audit[200]. - There were no non-operating fund occupations by controlling shareholders and their related parties reported for the year[198]. - The company adheres to regulations set by the China Securities Regulatory Commission regarding shareholding and transfer[197].