Financial Performance - Guizhou Bank reported its annual performance for the year ending December 31, 2024, in compliance with the Hong Kong Stock Exchange listing rules[2]. - The board of directors confirmed the annual performance, emphasizing high-quality development and coordinated growth in scale, structure, quality, efficiency, and safety[12]. - Total assets reached CNY 589.99 billion by the end of 2024, an increase of CNY 13.20 billion, or 2.29% from the beginning of the year[13]. - Total loans amounted to CNY 347.09 billion, up CNY 15.14 billion, or 4.56% year-to-date[13]. - Total deposits increased to CNY 375.00 billion, reflecting a growth of CNY 18.76 billion, or 5.26% from the start of the year[13]. - Operating revenue for 2024 was CNY 12.42 billion, a year-on-year increase of CNY 1.07 billion, or 9.46%[13]. - Net profit reached CNY 3.78 billion, up CNY 0.13 billion, or 3.43% year-on-year[13]. - Non-performing loan ratio stood at 1.72% with a provision coverage ratio of 315.98% by the end of 2024[13]. Client Growth - The number of corporate clients increased to 115,900, a net increase of 7,000, or 6.38% from the beginning of the year[13]. - The number of individual clients reached 12.17 million, with a net increase of 489,500, or 4.19% year-to-date[13]. - The number of corporate clients reached 115,900, accounting for 9.89% of the province's enterprises[31]. - The monthly active users of mobile banking peaked over one million, with an average of 953,200 active users, an increase of 167,300 users or 21.29% year-to-date[55]. Strategic Focus and Initiatives - The bank's strategic focus includes enhancing user data management and expanding market presence through new products and technologies[12]. - The bank aims to align its operations with the "Four New" and "Four Modernizations" strategies to drive growth and innovation[8]. - The company aims to enhance risk management and service quality while focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance[33]. - The bank aims to enhance its digital transformation and support for technology enterprises, green finance, and inclusive finance as part of its strategic initiatives[49]. Risk Management - The company has established a comprehensive risk management system covering all risk categories, enhancing risk quantification capabilities[57]. - The bank's credit risk management framework includes a "three lines of defense" model, enhancing the identification, monitoring, and management of credit risks[155]. - The bank's liquidity risk management preference remains "prudent, compliant, and cautious," ensuring a reasonable liquidity level[176]. - The bank's liquidity coverage ratio stands at 271.91%, with qualified liquid assets amounting to RMB 54.346 billion, and a net cash outflow of RMB 19.987 billion over the next 30 days[179]. Technology and Digital Transformation - The company has implemented a full private cloud deployment of its core transaction system, leading in financial technology applications[40]. - The bank's business intelligence (BI) platform usage increased to over 266,800 times, a growth of 157.7% year-on-year, enhancing data-driven decision-making efficiency[188]. - The bank established a comprehensive digital financial implementation plan for 2024-2026, outlining strategic directions for digital finance development[189]. - The bank's production system availability exceeded 99.99%, demonstrating significant improvements in disaster recovery capabilities[184]. Social Responsibility and Community Engagement - A total of 256 million RMB was donated for social responsibility initiatives, including support for rural revitalization and education for impoverished students[194]. - The company conducted 3,967 consumer rights protection activities, reaching 2.2021 million consumers, with a complaint resolution satisfaction rate of 84.37%[193]. - The cumulative invoicing for the tea industry surpassed 1.25 billion yuan, showcasing the successful implementation of digital financial services[187]. Shareholder Information - As of December 31, 2024, the total share capital amounted to 14,588,046,744 shares, with domestic shares accounting for 84.92% and H shares for 15.08%[197][198]. - The top shareholder of the company is the Guizhou Provincial Finance Department, holding 2,917,500,000 shares, which accounts for 20.00% of the total issued share capital[200].
贵州银行(06199) - 2024 - 年度业绩