Core Points - The report confirms the authenticity and completeness of the financial data presented by the board of directors and senior management [2][12][18] - The financial statements for Q3 2025 have not been audited [2] Financial Data Summary - For the first nine months of 2025, the group reported a net cash inflow from operating activities of RMB 51.226 billion, a decrease from RMB 168.139 billion in the same period last year [4] - The group achieved a net profit of RMB 189.589 billion, with a net profit attributable to the parent company of RMB 177.660 billion, representing year-on-year growth of 1.12% and 1.08% respectively [9] - Total operating income reached RMB 491.204 billion, an increase of RMB 12.856 billion or 2.69% year-on-year [9] - Net interest income was RMB 325.792 billion, down by RMB 10.205 billion or 3.04% year-on-year, with a net interest margin of 1.26% [9] - Non-interest income amounted to RMB 165.412 billion, up by RMB 23.061 billion or 16.20% year-on-year, accounting for 33.67% of total operating income [9] - The total assets of the group as of September 30, 2025, were RMB 375,501.63 billion, an increase of RMB 24,888.64 billion or 7.10% from the end of the previous year [10] - Total liabilities reached RMB 343,128.49 billion, up by RMB 22,045.14 billion or 6.87% from the previous year-end [11] - The total equity of the group was RMB 32,373.14 billion, an increase of RMB 2,843.50 billion or 9.63% from the previous year-end [12] Shareholder Information - As of September 30, 2025, the total number of ordinary shareholders was 678,883, including 519,660 A-share shareholders and 159,223 H-share shareholders [6] - The top ten ordinary shareholders held a significant portion of the shares, with China CITIC Financial Asset Management Co., Ltd. holding 10,495,701,000 H-shares [6][7] Other Important Information - The company approved a cash dividend distribution plan for the fourth phase of domestic preferred shares, totaling RMB 882.9 million, with a dividend rate of 3.27% [13] - The board of directors has appointed Liu Chengang as the new company secretary, effective upon regulatory approval [22][23]

Core Viewpoint - Bank of China (601988.SH) reported a revenue of 491.204 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 2.69% [1] - The net profit attributable to shareholders reached 177.66 billion yuan, marking a year-on-year increase of 1.08% [1] - The non-recurring net profit was 177.425 billion yuan, showing a year-on-year growth of 1.25% [1] - Basic earnings per share stood at 0.55 yuan [1] Financial Performance - Revenue for the first three quarters: 491.204 billion yuan, up 2.69% year-on-year [1] - Net profit attributable to shareholders: 177.66 billion yuan, up 1.08% year-on-year [1] - Non-recurring net profit: 177.425 billion yuan, up 1.25% year-on-year [1] - Basic earnings per share: 0.55 yuan [1]

Core Insights - China Bank reported a total revenue of 491.204 billion RMB for the first three quarters of 2025, reflecting a year-on-year growth of 2.69% [1] - The net profit attributable to the parent company for the same period was 177.66 billion RMB, with a year-on-year increase of 1.08% [1] - The bank's total assets reached 37.55 trillion RMB as of September 30, 2025, marking a growth of 7.10% compared to the end of the previous year [1] Financial Performance - For Q3 2025, the net profit attributable to the parent company was 60.069 billion RMB, showing a year-on-year growth of 5.09% [1] - The net cash flow from operating activities for the first three quarters was 51.226 billion RMB, which represents a significant decline of 69.53% year-on-year [2] - Non-interest income accounted for 33.67% of total revenue, an increase of 3.98 percentage points compared to the previous year [2] Capital and Asset Quality - As of September 30, 2025, the non-performing loan ratio was 1.24%, a slight decrease of 0.01 percentage points from the end of the previous year [1] - The provision coverage ratio for non-performing loans stood at 196.60%, down by 4.00 percentage points from the previous year-end [1] - The core Tier 1 capital adequacy ratio was reported at 12.58%, with the Tier 1 capital adequacy ratio at 14.66% and the total capital adequacy ratio at 18.66% [1] Dividend Proposal - The board of directors proposed a cash dividend of 1.094 RMB per 10 shares (pre-tax), totaling 35.25 billion RMB, subject to shareholder approval [2]

Core Insights - China Bank reported a total asset of 37.55 trillion yuan as of September 2025, an increase of 7.1% compared to the end of the previous year [2][3] - The bank achieved operating income of 491.204 billion yuan in the first three quarters, a year-on-year growth of 2.69%, and net profit of 189.589 billion yuan, up 1.12%, reversing the decline seen in the first half of the year [2][3] - The bank's net interest margin stabilized at 1.26%, down 0.14 percentage points from 2024 but unchanged from the first half of 2025 [3] Financial Performance - As of September 2025, total loans and advances amounted to 23.35 trillion yuan, an increase of 8.15% year-on-year, while total deposits reached 25.68 trillion yuan, up 6.1% [3] - The weighted average return on equity (annualized) was 8.98%, a slight decrease of 0.57 percentage points year-on-year [3] - Non-interest income for the first three quarters included net fee and commission income of 65.591 billion yuan, a year-on-year increase of 8.07%, and other non-interest income totaling 99.821 billion yuan, up 22.24% [4] Asset Quality - As of September 2025, the total amount of non-performing loans was 288.669 billion yuan, with a non-performing loan ratio of 1.24%, a decrease of 0.01 percentage points from the end of the previous year [4] - The provision coverage ratio for non-performing loans was 196.6%, down 4 percentage points from the end of the previous year [4] - The bank recorded a credit impairment loss of 79.507 billion yuan in the first three quarters, a decrease of 7.26% year-on-year [4] Management Changes - Liu Chenggang was appointed as the vice president of China Bank effective October 24, 2025, marking the third new vice president in the year [5][6] - The bank's executive team has undergone significant changes, with three new vice presidents appointed and two departing due to age and job changes [6] - The current executive structure includes one president and four vice presidents, with Zhang Hui as the president and Liu Chenggang among the vice presidents [6]

Core Insights - China Bank's Zhejiang branch is focusing on cultivating new quality productivity by investing in early-stage, small, long-term, and hard technology projects to support technological innovation with precise financial services [1] Group 1: Financial Support for Technology Companies - China Bank's Hangzhou branch provided a total of 45 million yuan in pure credit loans to five companies under Xingyao Holding Group, a leading domestic unmanned helicopter manufacturer, to support their technological innovation and global strategy [2] - Xingyao Holding Group has a smart manufacturing base of 330,000 square meters and an annual production capacity of 1,800 units, with over 320 core invention patents and 400 software copyrights [2] - The bank's rapid response allowed for the completion of credit approval and disbursement within one day, demonstrating its commitment to serving technology enterprises efficiently [3] Group 2: Support for Integrated Circuit Industry - A technology company in Jinhua, specializing in memory chip design and AI computing solutions, has been recognized as a national high-tech enterprise and a "little giant" in the integrated circuit sector [4] - China Bank's Jinhua branch has been a financial partner since the company's establishment in 2021, providing tailored financial solutions to support its growth [4] - As the company prepares for an IPO in 2025, China Bank is offering comprehensive financial services, including 100 million yuan in credit support to ensure stable operations and R&D investment [5][6] Group 3: Future Outlook - China Bank's Zhejiang branch aims to continue deepening its technological financial innovations to provide precise, multi-layered, and full-cycle financial services for more technology enterprises, contributing to high-quality economic development in Zhejiang and the modernization of China [6]

格隆汇10月28日丨中国银行(601988.SH)发布三季报，2025年前三季度实现营业总收入4912.04亿元，同 比增长2.69%；归属母公司股东净利润1776.6亿元，同比增长1.08%；基本每股收益为0.55元。 ...

21世纪经济报道记者林汉垚 见习记者冯紫彤 10月28日晚，中国银行发布了2025年第三季度报告，为六大行中首家。 数据显示，2025年第三季度，中国银行盈利动能显著增强。7-9月，实现营业收入1622.01亿元，同比增 长0.58%；实现归属于母公司所有者的净利润600.69亿元，同比涨幅达5.09%。 （图片截取自中国银行2025年第三季度报告） 从营收结构看，非利息收入是拉动中行实现盈利能力增长的关键动力。前三季度，中国银行实现非利息 收入1654.12亿元，同比增长16.20%，非利息收入在营业收入中占比达到33.67%。同期，利息净收入 3257.92亿元，同比下降3.04%。 业务规模方面，截至2025年9月末，中国银行总资产规模达到37.55万亿元，比上年末增长7.10%；其 中，客户贷款总额23.35万亿元，比上年末增长8.15%。负债总额34.31万亿元，比上年末增长6.87%；其 中，客户存款总额25.68万亿元，比上年末增长6.10%。 在信贷投向上，中国银行持续加大对实体经济重点领域的支持。截至9月末，公司贷款达16.44万亿元， 比上年末增加1.72万亿元，增幅11.71%。其中，公 ...

Core Insights - The People's Bank of China announced the winners of the 2024 Financial Technology Development Award, representing the highest honor in the financial industry for technological achievements [1] - A total of 290 projects were awarded, with 115 awards going to various banking institutions, showcasing the technological capabilities and innovative vitality of both large and small financial institutions in the AI era [1][2] Award Distribution - The awards included 1 special award, 18 first prizes, 103 second prizes, 148 third prizes, and 20 "Micro-Innovation Awards" [1] - Among the 18 first prizes, 9 were awarded to banking institutions, with the Industrial and Commercial Bank of China (ICBC) being the only institution to win two first prizes [2] Focus on Technology - The term "intelligent" appeared 67 times, "AI" 15 times, and "large model" 28 times in the awarded projects, indicating a strong emphasis on advanced technologies [3] Performance of Smaller Institutions - Contrary to the perception that larger banks have superior technological capabilities, several small and medium-sized financial institutions received multiple awards, highlighting their innovative projects supported by AI [4] - Notable small banks like Qingdao Bank, Hunan Bank, Huishang Bank, and Gansu Rural Credit Cooperative each won two awards, focusing on specific business scenarios and intelligent applications [4] Summary of Awards by Bank Type - State-owned banks performed well, with ICBC, China Bank, and Construction Bank each winning 6 awards, while Agricultural Bank, Traffic Bank, and others also received multiple awards [5][6] - The distribution of awards among various bank types reflects a diverse range of technological advancements across the banking sector [5][6]

Core Insights - The People's Bank of China announced the winners of the 2024 Financial Technology Development Award, representing the highest honor in the financial industry for technological achievements [1] - A total of 290 awards were given, with 115 awards going to various banking institutions, showcasing the technological capabilities and innovations in the financial sector [1][2] Summary by Category Award Distribution - The awards included 1 special award, 18 first prizes, 103 second prizes, 148 third prizes, and 20 "Micro-Innovation Awards" [1] - Among the 18 first prizes, banking institutions secured 9, with the Industrial and Commercial Bank of China being the only institution to win two first prizes [2] Focus Areas of Winning Projects - Winning projects primarily revolved around large-scale "hard technology" infrastructure, such as AI-driven risk detection platforms and core banking system transformations [2] - Notable projects included the Agricultural Bank's enterprise-level architecture, the Industrial Bank's AI security platform, and the China Bank's IT architecture transformation [2] Emphasis on AI and Innovation - The term "intelligent" appeared 67 times, "AI" 15 times, and "large model" 28 times in the context of the awarded projects, indicating a strong focus on AI technologies [3] - Smaller financial institutions also performed well, with several projects focusing on specific business scenarios enhanced by AI, such as intelligent credit risk management and customer service systems [4] Performance of Smaller Institutions - Smaller banks like Qingdao Bank and Hunan Bank received multiple awards for projects aimed at intelligent product management and credit risk transformation [4] - The Gansu Rural Credit Cooperative was highlighted for its focus on intelligent customer service and risk control platforms, showcasing the innovation potential of smaller financial entities [4]

（文章来源：中国经营报） 10月28日，中国银行披露2025年三季度业绩报。数据显示，前三季度，中国银行集团实现营业收入4921 亿元，同比增长2.72%；实现税后利润1896亿元、本行股东应享税后利润1777亿元，同比增长1.12%、 1.08%，变动趋势较上半年改善。集团净息差1.26%，与上半年持平。平均总资产回报率（ROA） 0.70%，净资产收益率（ROE）8.98%，成本收入比26.90%，均保持在合理区间。 ...