证券代码：601997 证券简称：贵阳银行 公告编号：2024-038 优先股代码:360031 优先股简称：贵银优 1 贵阳银行股份有限公司第六届董事会 2024 年度第二次会议决议公告 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 担法律责任。 贵阳银行股份有限公司（以下简称公司）于 2024 年 8 月 20 日以 直接送达或电子邮件方式向全体董事发出关于召开第六届董事会 2024 年度第二次会议的通知，会议于 2024 年 8 月 30 日在公司总行 401 会议室以现场方式召开。本次会议应出席董事 10 名，亲自出席 董事 10 名，因工作原因，罗荣华独立董事、唐雪松独立董事、朱乾 宇独立董事以视频连线方式出席。会议由张正海董事长主持，监事会 成员及高级管理人员列席了会议。会议的召开符合《中华人民共和国 公司法》《中华人民共和国证券法》等法律、行政法规、部门规章、 规范性文件及《公司章程》的有关规定。会议所形成的决议合法、有 效。 会议对如下议案进行了审议并表决： 一、审议通过了《关于审议<贵阳银行股份有限公司 2024 年半 ...

证券代码：601997 证券简称：贵阳银行 公告编号：2024-039 优先股代码:360031 优先股简称：贵银优 1 贵阳银行股份有限公司第六届监事会 2024 年度第二次会议决议公告 本公司监事会及全体监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 担法律责任。 贵阳银行股份有限公司(以下简称公司) 于 2024 年 8 月 20 日以 直接送达或电子邮件方式向全体监事发出关于召开第六届监事会 2024 年度第二次会议的通知，会议于 2024 年 8 月 30 日在公司总行 4604 会议室以现场方式召开。本次会议应出席监事 5 名，亲自出席监 事 5 名。会议由孟海滨监事长主持。会议的召开符合《中华人民共和 国公司法》《中华人民共和国证券法》等法律、行政法规、部门规章、 规范性文件及《公司章程》的有关规定。会议所形成的决议合法、有 效。 会议对如下议案进行了审议并表决： 一、审议通过了《关于审议<贵阳银行股份有限公司 2024 年半年 度报告及摘要>的议案》 表决结果：5 票赞成；0 票反对；0 票弃权。 三、审议通过了《关于审议<贵阳银行股份有限 ...

证券代码：601997 证券简称：贵阳银行 公告编号：2024-037 优先股代码：360031 优先股简称：贵银优 1 贵阳银行股份有限公司 关于召开 2024 年半年度业绩说明会的公告 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法律责 任。 会 议 召 开地 点： 全 景 网" 投 资者 关 系 互动 平台 " （ 网 址： http://ir.p5w.net） 会议召开形式：网络文字互动 投资者可于 2024 年 9 月 4 日（ 星 期 三 ）16 ：00 前 访 问 http://ir.p5w.net/zj/ ， 进 入 问 题 征 集 专 题 页 面 或 通 过 公 司 邮 箱 gysh_2007@126.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 贵阳银行股份有限公司（以下简称公司）将于 2024 年 8 月 31 日发布 公司 2024 年半年度报告。为便于广大投资者更全面深入地了解公司 2024 年半年度经营成果、财务状况，公司拟于 2024 年 9 月 5 日(星期四)下午 1 15:0 ...

本次股票上市流通日期为 2024 年 8 月 16 日。 证券代码：601997 证券简称：贵阳银行 公告编号：2024-036 优先股代码：360031 优先股简称：贵银优 1 贵阳银行股份有限公司 首次公开发行限售股上市流通公告 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、准确性和完整性依 法承担法律责任。 重要内容提示： 本次股票上市类型为首发股份；股票认购方式为网下，上市股 数为 87,171,687 股。 本次股票上市流通总数为 87,171,687 股。 一、本次限售股上市类型 2016 年 7 月，经中国证券监督管理委员会(以下简称中国证监会) 《关于核准贵阳银行股份有限公司首次公开发行股票的批复》（证监许 可﹝2016﹞1645 号）核准，贵阳银行股份有限公司（以下简称公司或 贵阳银行）向社会首次公开发行人民币普通股（A 股）股票 500,000,000 股，并于 2016 年 8 月 16 日在上海证券交易所挂牌上市。公司首次公 开发行前总股本为 1,798,591,900 股，首次公开发行后总股本为 2,298,591,900 股。 ...

关于贵阳银行股份有限公司 中信建投证券股份有限公司 1 为 3,218,028,660 股。2021 年 4 月，经中国证监会《关于核准贵阳银行股份有限 公司非公开发行股票的批复》（证监许可〔2020〕3377 号）核准，公司实施完成 非公开发行 A 股股票，公司总股本数量由 3,218,028,660 股增加为 3,656,198,076 股。 由于 2018 年度资本公积转增股本，本次上市流通的限售股股份数量由 62,265,482 股增加为 87,171,687 股。 三、本次限售股上市流通的有关承诺 首次公开发行限售股上市流通事项的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐机构"）作为 贵阳银行股份有限公司（以下简称"贵阳银行"、"上市公司"或"公司"）首次公开 发行股票的保荐机构，根据《上海证券交易所股票上市规则》《上海证券交易所 上市公司自律监管指引第 1 号——规范运作》《上海证券交易所上市公司自律监 管指引第 11 号——持续督导》等有关规定，对贵阳银行首次公开发行股票部分 限售股份解禁上市流通事项进行了核查，发表核查意见如下： 一、贵阳银行首次公开发行股票和股本情况 ...

证券代码：601997 证券简称：贵阳银行 公告编号：2024-035 优先股代码：360031 优先股简称：贵银优 1 贵阳银行股份有限公司 关于诉讼事项进展的公告 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 担法律责任。 重要内容提示: 案件所处的诉讼阶段：终结本次执行； 上市公司所处的当事人地位：申请执行人； 涉案的金额：债权投资本金 315,429,534.07 元以及按合同约 定计算的利息及复利、罚息等； 是否会对上市公司损益产生负面影响：贵阳银行股份有限公司 （以下简称公司或贵阳银行）已于以前年度对该笔债权本金全额计提 减值准备，本次诉讼事项不会对公司的本期利润或期后利润产生重大 影响。 近日，公司收到贵阳市中级人民法院（2023)黔 01 执 1498 号之 二《执行裁定书》。贵阳市中级人民法院就公司与贵州九州名城房地 产开发有限公司（以下简称九州名城）等的合同纠纷一案作出执行裁 定，现将相关情况披露如下： -1- 一、 本次诉讼的基本情况 因合同纠纷，公司将九州名城、周韶斌、周伟刚作为被告，向贵 阳市中级人民法院提起诉 ...

证券代码：601997 证券简称：贵阳银行 公告编号：2024-032 优先股代码:360031 优先股简称：贵银优 1 贵阳银行股份有限公司第六届董事会 2024 年度第一次会议决议公告 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 担法律责任。 贵阳银行股份有限公司（以下简称公司）第六届董事会 2024 年 度第一次会议于 2024 年 7 月 4 日下午在公司总行 401 会议室以现场 方式召开。本次会议应出席董事 10 名，亲自出席董事 10 名。因工作 原因，柳永明独立董事、罗荣华独立董事、唐雪松独立董事、朱乾宇 独立董事和沈朝晖独立董事以视频连线方式出席。经全体与会董事一 致推举，会议由张正海董事主持，部分监事会成员及高级管理人员列 席了会议。会议的召开符合《中华人民共和国公司法》《中华人民共 和国证券法》等法律、行政法规、部门规章、规范性文件及《公司章 程》的有关规定。会议所形成的决议合法、有效。 会议对如下议案进行了审议并表决： 一、审议通过了《关于选举张正海先生为贵阳银行股份有限公司 第六届董事会董事长的议案》 委员： ...

证券代码：601997 证券简称：贵阳银行 公告编号：2024-034 优先股代码:360031 优先股简称：贵银优 1 贵阳银行股份有限公司 关于上海证券交易所对公司 2023 年年度报 告信息披露监管工作函的回复公告 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 担法律责任。 | | | | 单位：千元 | | --- | --- | --- | --- | | 项目 | | 2023 年与 2022 年对比 | | | | 规模因素 | 利率因素 | 净增/(减） | | 资产 | | | | | 发放贷款及垫款 | 2,081,681 | -196,760 | 1,884,921 | | 长期应收款 | 70,037 | -247,188 | -177,151 | | 存放中央银行款项 | 12,792 | -16,021 | -3,229 | | 存放同业 | -23,624 | 13,776 | -9,848 | | 债券投资 | 192,818 | -328,744 | -135,926 | | 资产管理计划及信托计划 | ...

贵阳银行股份有限公司独立董事 关于聘任公司高级管理人员的独立意见 根据《中华人民共和国公司法》（以下简称《公司法》）、《中 华人民共和国证券法》《上市公司独立董事管理办法》等法律、行政 法规、部门规章及规范性文件以及《贵阳银行股份有限公司章程》（以 下简称《公司章程》）的相关规定，作为贵阳银行股份有限公司（以 下简称公司）的独立董事，在审阅公司第六届董事会2024年度第一次 会议相关事项后，基于独立客观的立场，本着审慎负责的态度，发表 如下独立意见： 一、本次高级管理人员的提名、审议、表决程序合法有效，符合 有关法律法规的要求。 二、经审核，盛军先生、李松芸先生、晏红武先生、李宁波先生、 何开强先生、杨轩先生、邓勇先生、李云先生、何欣先生、李虹檠先 生具备担任公司高级管理人员的资格和条件，未发现《公司法》《上 海证券交易所上市公司自律监管指引第 1 号——规范运作》等法律法 规和《公司章程》规定的不得担任高级管理人员的情形以及被中国证 监会确定为市场禁入者并且禁入尚未解除的情形。 三、同意聘任盛军先生为公司行长、李松芸先生为公司副行长、 晏红武先生为公司总稽核、李宁波先生为公司副行长、何开强先生为 公司副行长 ...

[Company Profile and Key Financial Indicators](index=7&type=section&id=Section%202%20Company%20Profile%20and%20Key%20Financial%20Indicators) The report details the bank's basic corporate information and key financial performance indicators for the past three years [Corporate Information](index=7&type=section&id=Corporate%20Information) Bank of Guiyang Co, Ltd (stock code: 601997) is a commercial bank headquartered in Guiyang, Guizhou Province - The company's legal representative is Zhang Zhenghai, with its A-shares and preferred stocks listed on the Shanghai Stock Exchange[9](index=9&type=chunk)[14](index=14&type=chunk) - The company's 2023 annual financial report was audited by Ernst & Young Hua Ming LLP, which issued a **standard unqualified opinion**[2](index=2&type=chunk)[15](index=15&type=chunk) [Key Financial Data and Indicators](index=8&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators%20for%20the%20Last%20Three%20Years) In 2023, the bank's revenue and net profit declined, while its asset scale grew steadily amidst rising NPLs Key Performance Indicators | Key Performance Indicators (RMB in thousands) | 2023 | 2022 | Y-o-Y Change | 2021 | | :--- | :--- | :--- | :--- | :--- | | **Operating Income** | 15,096,125 | 15,642,966 | -3.50% | 15,004,111 | | **Net Profit Attributable to Shareholders of the Parent Company** | 5,561,921 | 6,106,642 | -8.92% | 6,044,831 | | **Basic Earnings Per Share (RMB/share)** | 1.45 | 1.60 | -9.38% | 1.65 | Key Scale and Asset Quality Indicators | Key Scale and Asset Quality Indicators | End of 2023 | End of 2022 | Change from Beginning of Period | End of 2021 | | :--- | :--- | :--- | :--- | :--- | | **Total Assets (RMB in thousands)** | 688,068,214 | 645,998,467 | +6.51% | 608,686,846 | | **Total Gross Loans and Advances (RMB in thousands)** | 324,040,615 | 285,289,048 | +13.58% | 254,989,245 | | **Total Gross Deposits (RMB in thousands)** | 400,219,873 | 383,637,967 | +4.32% | 359,743,868 | | **Non-Performing Loan (NPL) Ratio (%)** | 1.59 | 1.45 | Up 0.14 pp | 1.45 | | **Provision Coverage Ratio (%)** | 244.50 | 260.86 | Down 16.36 pp | 271.03 | Capital Adequacy Ratios | Capital Adequacy Ratios (%) | End of 2023 | End of 2022 | Change from Beginning of Period | | :--- | :--- | :--- | :--- | | **Capital Adequacy Ratio** | 15.03 | 14.16 | Up 0.87 pp | | **Tier 1 Capital Adequacy Ratio** | 12.90 | 12.02 | Up 0.88 pp | | **Core Tier 1 Capital Adequacy Ratio** | 11.84 | 10.95 | Up 0.89 pp | - The Board of Directors proposes a 2023 profit distribution plan: a cash dividend of **RMB 2.90 (tax inclusive) per 10 shares** based on a total share capital of approximately 3.656 billion shares, totaling approximately RMB 1.06 billion[2](index=2&type=chunk) [Chairman's Statement](index=14&type=section&id=Section%203%20Chairman's%20Statement) The Chairman highlights the bank's steady development in 2023 by focusing on governance, core business, and risk management [Chairman's Statement](index=14&type=section&id=Chairman's%20Statement) The Chairman discusses navigating industry pressures in 2023 through strategic focus on governance, local economy, and risk control - Strategically focused on serving the local economy, with credit growth to the province's "Four Modernizations" exceeding **20%** and lending to the "Strong Provincial Capital" initiative accounting for over **50%** of total corporate loans[32](index=32&type=chunk) - Promoted three major transformations: enhancing corporate finance, optimizing retail finance through four key channels and products, and driving digital transformation with technology and data[32](index=32&type=chunk)[33](index=33&type=chunk) - Emphasized risk management by establishing a comprehensive risk framework covering all levels and conducting special governance to ensure overall risk control[33](index=33&type=chunk) [President's Statement](index=18&type=section&id=Section%204%20President's%20Statement) The President reviews the bank's 2023 performance, emphasizing growth in assets and its commitment to the real economy [President's Statement](index=18&type=section&id=President's%20Statement) The President reviews the bank's steady progress in 2023, highlighting growth in assets and deep integration with the real economy Core Operating Indicators | Core Operating Indicators | End of 2023 / 2023 | Change from Beginning of Year / Prior Year | | :--- | :--- | :--- | | **Total Assets** | RMB 688.07 billion | +6.51% | | **Total Loans** | RMB 324.04 billion | +13.58% | | **Total Deposits** | RMB 400.22 billion | +4.32% | | **Operating Income** | RMB 15.10 billion | - | | **Net Profit Attributable to Parent** | RMB 5.56 billion | - | | **Provision Coverage Ratio** | 244.50% | - | | **Capital Adequacy Ratio** | 15.03% | - | - Deeply served the real economy with rapid loan growth in multiple sectors: - Loans for "Four Modernizations" and "Strong Provincial Capital" reached **RMB 156.14 billion** and **RMB 126.54 billion**, respectively[37](index=37&type=chunk)[38](index=38&type=chunk) - Manufacturing loans grew by over **24%**[37](index=37&type=chunk)[38](index=38&type=chunk) - Agriculture-related loans reached **RMB 153.72 billion**, up 14.41%[37](index=37&type=chunk)[38](index=38&type=chunk) - Green loans amounted to **RMB 31.34 billion**, an increase of 11.08%[37](index=37&type=chunk)[38](index=38&type=chunk) - Inclusive loans to small and micro enterprises reached **RMB 36.57 billion**, up 14.21%[37](index=37&type=chunk)[38](index=38&type=chunk) - Risk management proved effective, with forward-looking asset quality indicators improving, achieving a **decrease in overdue amount, overdue ratio, and overdue loan migration**[38](index=38&type=chunk) - Digital transformation advanced steadily, launching online retail inclusive products and growing the personal customer base to **12.54 million** with AUM of **RMB 246.62 billion**[39](index=39&type=chunk) [Management Discussion and Analysis](index=22&type=section&id=Section%205%20Management%20Discussion%20and%20Analysis) This section provides a detailed analysis of the bank's operating performance, business segments, core competencies, and risk management [Overview of Operating Conditions](index=22&type=section&id=I.%20Discussion%20and%20Analysis%20of%20Operating%20Conditions) In 2023, the bank's business scale grew steadily, though net profit declined due to narrower net interest margins and increased credit impairment losses Key Indicators | Indicator | End of 2023 / 2023 | Change from Beginning of Year / Prior Year | | :--- | :--- | :--- | | **Total Assets** | RMB 688.07 billion | +6.51% | | **Total Loans** | RMB 324.04 billion | +13.58% | | **Total Deposits** | RMB 400.22 billion | +4.32% | | **Savings Deposit Balance** | RMB 189.63 billion | +11.52% | | **Operating Income** | RMB 15.10 billion | -3.50% | | **Net Profit Attributable to Parent** | RMB 5.56 billion | -8.92% | | **NPL Ratio** | 1.59% | Up 0.14 pp | | **Provision Coverage Ratio** | 244.50% | - | | **Capital Adequacy Ratio** | 15.03% | Up 0.87 pp | - The decline in net profit was mainly due to two factors: **narrower net interest margins** from supporting the real economy and falling market interest rates, and **increased credit impairment losses** from accelerated NPL disposal[42](index=42&type=chunk)[43](index=43&type=chunk) [Industry and Business Operations](index=24&type=section&id=III.%20Business%20Operations%20During%20the%20Reporting%20Period) The bank steadily advanced its corporate, retail, and financial market businesses while successfully launching a new core banking system [Corporate Business](index=24&type=section&id=Corporate%20Business) The corporate business focused on serving the real economy, achieving a 16.10% growth in corporate loans Corporate Lending in Key Areas | Corporate Lending in Key Areas | Balance at End of 2023 (RMB billion) | Growth/Growth Rate from Beginning of Year | | :--- | :--- | :--- | | **Corporate Loans (incl. discounts)** | 275.21 | 16.10% | | **"Four Modernizations" Loans** | 156.14 | 10.45% | | **"Strong Provincial Capital" Corporate Loans** | 126.54 | 15.06% | | **Manufacturing Enterprise Loans** | 21.49 | 24.28% | | **Technology-based Enterprise Loans** | 13.90 | 20.03% | | **Green Loans** | 31.34 | 11.08% | | **"Shuang Rong Lian" Financing Balance** | 1.59 | 81.97% | - The investment banking business achieved a breakthrough by obtaining the **independent lead underwriter qualification** for non-financial enterprise debt financing instruments, becoming the only local bank in the province with this qualification[52](index=52&type=chunk) [Retail Business](index=29&type=section&id=Retail%20Business) The retail business enhanced its core competitiveness through integrated management and digital empowerment, leading to steady growth in customers and assets Key Retail Business Indicators | Key Retail Business Indicators | End of 2023 | Growth/Growth Rate from Beginning of Year | | :--- | :--- | :--- | | **Savings Deposit Balance** | RMB 189.63 billion | 11.52% | | **Retail Customer AUM** | RMB 246.62 billion | 7.27% | | **Total Personal Customers (Parent Co)** | 12.54 million | +309,600 | | **Personal Comprehensive Consumption Loan Balance** | RMB 2.47 billion | 57.39% | | **Inclusive SME Loan Balance** | RMB 36.57 billion | 14.21% | | **Wealth Management Customers** | 358,800 | 5.19% | | **Wealth Management Customer AUM** | RMB 191.29 billion | 8.23% | - The credit card business completed an upgrade of its **end-to-end digital risk control system**, achieving automated risk identification, limit management, and risk monitoring, with a total of 1.66 million cards issued[66](index=66&type=chunk)[67](index=67&type=chunk) [Financial Markets and Interbank Business](index=35&type=section&id=Financial%20Markets%20and%20Interbank%20Business) The financial markets business achieved stable development, enhancing its market influence and effectively managing funding costs - The bank was again selected for the **central bank's 2023 list of primary dealers in the open market** and won the "Annual Market Influence Institution" award from the China Foreign Exchange Trade System, expanding its market influence[68](index=68&type=chunk) [Asset Management Business](index=35&type=section&id=Asset%20Management%20Business) The asset management business optimized its product system, with total outstanding wealth management products reaching RMB 64.42 billion Outstanding Wealth Management Products (End of 2023) | Outstanding Wealth Management Products (End of 2023) | Scale (RMB billion) | Proportion | | :--- | :--- | :--- | | **Total Outstanding Balance** | 64.42 | 100.00% | | Fixed Income | 61.48 | 95.43% | | Hybrid | 1.51 | 2.33% | | Equity | 1.44 | 2.24% | [Information Technology and Digital Empowerment](index=36&type=section&id=Information%20Technology%20Construction) The bank advanced its digital transformation by launching a new core banking system and increasing technology investment to 2.08% of operating income - The **new-generation core banking system** was successfully launched during the reporting period, enhancing overall operational efficiency and market competitiveness[72](index=72&type=chunk) Information Technology Investment (2023) | Information Technology Investment (2023) | Amount | Proportion | | :--- | :--- | :--- | | **Direct IT Expenses** | RMB 314 million | 2.08% of Operating Income | | **Innovative R&D Investment** | RMB 30 million | 9.54% of Total IT Investment | | **IT Staff** | 269 | 4.5% of Total Employees | [Core Competency Analysis](index=38&type=section&id=IV.%20Analysis%20of%20Core%20Competencies%20During%20the%20Reporting%20Period) The bank's core competencies lie in its regional advantages, solid customer base, efficient management, sound governance, and prudent risk management - **Regional Advantage**: As the largest local financial institution in Guizhou, the bank benefits from policy support for the province's development and deeply serves local economic strategies[75](index=75&type=chunk)[76](index=76&type=chunk) - **Customer and Channel Advantage**: With 27 years of local presence, the bank has a stable customer base and a network covering all cities and 88 counties in Guizhou[77](index=77&type=chunk) - **Governance and Risk Management**: The bank has established a modern corporate governance structure and a comprehensive risk management system covering all processes and institutions[80](index=80&type=chunk)[81](index=81&type=chunk) [Financial Analysis of Key Operations](index=41&type=section&id=V.%20Key%20Operating%20Conditions%20During%20the%20Reporting%20Period) This chapter analyzes the bank's financial performance, highlighting a decline in revenue due to lower interest and non-interest income, alongside growth in loans and deposits [Analysis of Income Statement and Cash Flow Statement](index=41&type=section&id=(I)%20Analysis%20of%20Main%20Business) Operating income decreased by 3.50% while operating expenses rose, leading to a 12.53% decline in operating profit Key Items | Key Items (RMB in thousands) | 2023 | 2022 | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | **Operating Income** | 15,096,125 | 15,642,966 | -3.50 | | **Operating Expenses** | -9,140,050 | -8,833,900 | 3.47 | | **Operating Profit** | 5,956,075 | 6,809,066 | -12.53 | | **Net Cash Flow from Operating Activities** | -570,535 | -4,534,783 | 87.42 | [Analysis of Asset Position](index=43&type=section&id=(II)%20Asset%20Position) Total gross loans and advances grew by 13.58% to RMB 324.04 billion, increasing their share of total assets to 47.09% Loan Structure | Loan Structure (RMB billion) | End of 2023 | End of 2022 | Proportion (2023) | | :--- | :--- | :--- | :--- | | **Corporate Loans and Advances** | 271.69 | 233.95 | 83.84% | | **Personal Loans and Advances** | 48.83 | 48.25 | 15.07% | | **Discounts** | 3.52 | 3.09 | 1.09% | | **Total Loans and Advances** | 324.04 | 285.29 | 100.00% | - Among corporate loans, the real estate sector loan balance was **RMB 37.09 billion**, accounting for **11.45%** of total loans, an increase of 2.54 percentage points year-on-year, mainly due to increased support for housing rentals and urban renewal[92](index=92&type=chunk)[93](index=93&type=chunk) [Analysis of Liability Position](index=46&type=section&id=(III)%20Liability%20Position) Total gross deposits grew by 4.32% to RMB 400.22 billion, with an optimized structure as savings deposits rose to 47.38% of the total Deposit Structure | Deposit Structure (RMB billion) | End of 2023 | End of 2022 | Proportion (2023) | | :--- | :--- | :--- | :--- | | **Corporate Customer Deposits** | 198.50 | 200.02 | 49.60% | | **Retail Customer Deposits (Savings)** | 189.63 | 170.05 | 47.38% | | **Other Deposits** | 12.09 | 13.57 | 3.02% | | **Total Gross Deposits** | 400.22 | 383.64 | 100.00% | [Analysis of Income Statement Items](index=47&type=section&id=(IV)%20Income%20Statement%20Analysis) Operating income fell 3.50% due to declines in both net interest income and non-interest income, while credit impairment losses increased - **Net interest income decreased by 1.85%**, primarily due to the impact of supporting the real economy and an overall decline in market interest rates, which further narrowed the net interest margin[104](index=104&type=chunk)[106](index=106&type=chunk) - **Non-interest income fell by 16.07%**, with net fee and commission income down 32.06% due to reduced wealth management scale, and investment income down 12.75% from deleveraging non-standard assets[108](index=108&type=chunk) - **Credit impairment losses were RMB 4.90 billion**, a year-on-year increase of 14.30%, of which impairment losses on loans and advances were RMB 4.17 billion, up 35.58%[106](index=106&type=chunk)[115](index=115&type=chunk) [Analysis of Credit Asset Quality](index=55&type=section&id=(X)%20Credit%20Asset%20Quality%20During%20the%20Reporting%20Period) The NPL ratio rose to 1.59%, but forward-looking indicators improved as the overdue loan balance decreased significantly Five-Category Loan Classification | Five-Category Loan Classification (RMB billion) | Balance at End of 2023 | Proportion (%) | | :--- | :--- | :--- | | Normal | 309.61 | 95.55 | | Special Mention | 9.27 | 2.86 | | **Non-Performing Loans (Substandard/Doubtful/Loss)** | **5.17** | **1.59** | | Total Loans | 324.04 | 100.00 | - The **overdue loan balance was RMB 8.16 billion**, a significant decrease from RMB 11.81 billion at the beginning of the year, indicating an improvement in forward-looking asset quality indicators[128](index=128&type=chunk) - The three industries with the highest NPL ratios were: **wholesale and retail (4.07%)**, **construction (2.25%)**, and **real estate (2.21%)**[127](index=127&type=chunk) [Risk Management](index=60&type=section&id=(XVIII)%20Risk%20Management%20During%20the%20Reporting%20Period) The bank has established a comprehensive risk management system with three lines of defense, effectively managing credit, liquidity, and market risks - **Credit Risk**: Ensured stable asset quality and steady growth of credit assets by refining credit policies, reforming systems, optimizing processes, and strengthening risk monitoring[149](index=149&type=chunk) - **Liquidity Risk**: Maintained all liquidity regulatory indicators above requirements through a full-process management mechanism, daily monitoring, and regular stress testing, with no liquidity risk events occurring during the year[150](index=150&type=chunk)[151](index=151&type=chunk) - **Operational and Compliance Risk**: Enhanced employee behavior management and embedded a culture of compliance through an "annual case prevention enhancement" campaign and training for new employees[155](index=155&type=chunk)[156](index=156&type=chunk) [Capital Adequacy](index=70&type=section&id=(XIX)%20Capital%20Adequacy%20Related%20Information) As of the end of 2023, the bank's capital levels remained sufficient, with all capital adequacy ratios showing significant improvement and meeting regulatory requirements Capital Adequacy Ratios | Capital Adequacy Ratios (%) (Consolidated) | End of 2023 | End of 2022 | Change | | :--- | :--- | :--- | :--- | | **Core Tier 1 Capital Adequacy Ratio** | 11.84 | 10.95 | +0.89pp | | **Tier 1 Capital Adequacy Ratio** | 12.90 | 12.02 | +0.88pp | | **Capital Adequacy Ratio** | 15.03 | 14.16 | +0.87pp | Risk-Weighted Assets Composition | Risk-Weighted Assets Composition (Consolidated, RMB billion) | End of 2023 | End of 2022 | | :--- | :--- | :--- | | **Credit Risk-Weighted Assets** | 433.75 | 430.23 | | **Market Risk-Weighted Assets** | 20.64 | 19.98 | | **Operational Risk-Weighted Assets** | 28.59 | 29.00 | | **Total** | 482.98 | 479.21 | [Corporate Governance](index=86&type=section&id=Section%206%20Corporate%20Governance) This section outlines the bank's governance structure, key personnel, and profit distribution policies [Overview of Corporate Governance](index=86&type=section&id=I.%20Explanation%20of%20Corporate%20Governance) The company has established an effective governance mechanism that integrates Party leadership with corporate strategy, decision-making, and supervision - The corporate governance structure is clearly defined, forming an effective mechanism of **Party Committee leadership, Board strategic decision-making, Supervisory Board oversight, and Senior Management operational authority**[202](index=202&type=chunk)[203](index=203&type=chunk) [Directors, Supervisors, and Senior Management](index=91&type=section&id=IV.%20Information%20on%20Directors,%20Supervisors,%20and%20Senior%20Management) This chapter details the composition, remuneration, and changes of the board, supervisory committee, and senior management team during the year - The senior management team underwent changes during the reporting period, with Board Secretary Dong Jing and Vice President Liang Zongmin retiring due to age, and new appointments made for Vice President and Chief Financial Officer[217](index=217&type=chunk) - The remuneration of directors, supervisors, and senior management is determined by company policies and shareholder resolutions, with total compensation for 2023 amounting to **RMB 10.53 million**[233](index=233&type=chunk) [Profit Distribution Policy](index=117&type=section&id=XI.%20Proposal%20for%20Ordinary%20Share%20Profit%20Distribution%20or%20Capitalization%20of%20Capital%20Reserve) The proposed 2023 dividend payout ratio is 20.02% of net profit, balancing shareholder returns with the need to strengthen capital for future growth 2023 Profit Distribution Proposal | 2023 Profit Distribution Proposal | | | :--- | :--- | | **Dividend per 10 shares (RMB) (tax incl)** | 2.90 | | **Total Cash Dividend (tax incl)** | RMB 1,060,297 thousand | | **Dividend Payout Ratio** | 20.02% | [Environment and Social Responsibility](index=125&type=section&id=Section%207%20Environment%20and%20Social%20Responsibility) This section details the bank's commitment to green finance, rural revitalization, and consumer protection [Environmental Information (ESG)](index=125&type=section&id=I.%20Environmental%20Information) The bank actively develops green finance, issuing RMB 3 billion in green financial bonds and growing its green loan balance to RMB 31.34 billion - As of the end of 2023, the bank's **green loan balance was RMB 31.34 billion**, an increase of RMB 3.13 billion from the beginning of the year[289](index=289&type=chunk) - The subsidiary, Guiyang Financial Leasing Co, Ltd, had a green leasing principal balance of **RMB 14.65 billion**, accounting for **51.09%** of its total leasing principal[291](index=291&type=chunk) [Rural Revitalization](index=127&type=section&id=III.%20Specific%20Work%20on%20Consolidating%20and%20Expanding%20Poverty%20Alleviation%20Achievements%20and%20Rural%20Revitalization) The bank strategically supports rural revitalization through targeted financial services, achieving significant growth in agriculture-related loans Rural Revitalization Related Loans (End of 2023) | Rural Revitalization Related Loans (End of 2023) | Balance (RMB billion) | Growth/Growth Rate from Beginning of Year | | :--- | :--- | :--- | | **Agriculture-related Loans** | 153.72 | +14.41% | | **Inclusive Agriculture-related Loans** | 15.75 | +27.44% | - The bank continues to optimize rural financial services, operating **2,247 rural service points**, issuing over 620,000 rural revitalization cards, and launching exclusive products for rural areas[301](index=301&type=chunk) [Consumer Rights Protection](index=130&type=section&id=IV.%20Consumer%20Rights%20Protection) The bank integrates consumer rights protection into its corporate governance, handling 4,797 customer complaints in 2023, primarily related to bank card services - In 2023, a total of **4,797 customer complaints** were handled, with bank card business being the main focus, and the Guiyang area accounting for 78.32% of complaints[307](index=307&type=chunk)[308](index=308&type=chunk) [Important Matters](index=133&type=section&id=Section%208%20Important%20Matters) This section covers significant events during the reporting period, including related-party transactions [Related-Party Transactions](index=137&type=section&id=XI.%20Related-Party%20Transactions) The bank conducted credit and non-credit related-party transactions, with all major transactions approved and fairly priced - As of the end of the reporting period, the credit exposure to the largest shareholder, Guiyang State-owned Assets Investment Management Co, Ltd, and its affiliates was **RMB 9.15 billion**, representing 13.90% of the net capital[320](index=320&type=chunk) - Four major related-party transactions were reviewed by the Board of Directors during the period, involving Guizhou Wujiang Energy Investment, Guiyang Public Housing Investment, Guiyang Meiyue Real Estate, and Guiyang Financial Leasing[325](index=325&type=chunk) [Share Capital Changes and Shareholder Information](index=144&type=section&id=Section%209%20Changes%20in%20Ordinary%20Shares%20and%20Shareholders) This section provides details on the company's share structure and top ten shareholders [Shareholder Information](index=145&type=section&id=(II)%20Shareholding%20of%20Top%20Ten%20Shareholders%20and%20Top%20Ten%20Tradable%20Shareholders%20(or%20Shareholders%20without%20Selling%20Restrictions)%20as%20of%20the%20End%20of%20the%20Reporting%20Period) As of year-end 2023, the company's largest shareholder was Guiyang State-owned Assets Investment Management Co, Ltd, holding 12.82% of total shares Top Ten Shareholders | Top Ten Shareholder Name | Number of Shares | Shareholding Ratio (%) | Share Status | | :--- | :--- | :--- | :--- | | Guiyang State-owned Assets Investment Management Co, Ltd | 468,599,066 | 12.82 | Pledged | | Guizhou Wujiang Energy Investment Co, Ltd | 200,832,586 | 5.49 | - | | Guiyang Industrial Investment Co, Ltd | 153,853,380 | 4.21 | Pledged | | Hong Kong Securities Clearing Company Ltd | 119,096,841 | 3.26 | - | | Guizhou Shenqi Holding (Group) Co, Ltd | 100,118,819 | 2.74 | Pledged | | Guiyang Investment Holding Group Co, Ltd | 92,707,293 | 2.54 | Pledged | | Zhongrong Life Insurance Co, Ltd - Participating Products | 88,574,427 | 2.42 | - | | China Kweichow Moutai Distillery (Group) Co, Ltd | 52,975,597 | 1.45 | - | | Beijing Ren'ai Education Technology Co, Ltd | 47,468,600 | 1.30 | Pledged | | Zhongtian Financial Group Co, Ltd | 40,950,000 | 1.12 | Pledged | [Information on Preferred Shares](index=156&type=section&id=Section%2010%20Information%20on%20Preferred%20Shares) This section provides details on the bank's outstanding preferred shares, including dividend payments and rate adjustments [Information on Preferred Shares](index=156&type=section&id=Information%20on%20Preferred%20Shares) The bank's "Gui Yin You 1" preferred shares paid a dividend of RMB 265 million in 2023, with the dividend rate adjusted to 4.56% for the next cycle - The dividend rate for "Gui Yin You 1" was **5.30%** for the first dividend period (2018.11.22-2023.11.21) and was adjusted to **4.56%** for the second period starting November 22, 2023[355](index=355&type=chunk)[361](index=361&type=chunk) - On November 22, 2023, the company distributed the annual preferred stock dividend at a rate of 5.30%, totaling **RMB 265 million (tax inclusive)**[365](index=365&type=chunk) [Financial Report](index=161&type=section&id=Section%2011%20Financial%20Report) This section contains the audited financial statements and the independent auditor's report [Audit Opinion](index=165&type=section&id=Auditor's%20Report) Ernst & Young Hua Ming LLP issued a standard unqualified audit opinion on the bank's 2023 financial statements - The audit opinion was a **standard unqualified opinion**, indicating that the financial statements fairly present the company's financial position and operating results[372](index=372&type=chunk) - **Key Audit Matter 1**: Impairment allowance for loans and advances, long-term receivables, and debt investments, due to the complexity of the Expected Credit Loss (ECL) model and significant management judgment[375](index=375&type=chunk) - **Key Audit Matter 2**: Assessment of consolidation of structured entities, which involved evaluating the bank's control over these entities and the appropriateness of related disclosures[377](index=377&type=chunk)