Financial Performance - The bank achieved an operating income of RMB 11.14 billion and a net profit of RMB 2.11 billion during the reporting period[6]. - Total operating income rose by 8.35% to RMB 11,144.43 million, compared to RMB 10,285.45 million in 2020[12]. - The net profit attributable to shareholders increased by 11.36% to RMB 2,070.31 million from RMB 1,859.17 million in 2020[12]. - The net profit for the period was RMB 2.11 billion, representing a growth of 10.85% compared to the previous year[20]. - The bank's pre-tax profit was RMB 2,496.19 million, with a pre-tax profit margin of 22.70%[95]. - The net interest income for 2021 was RMB 8,761.81 million, a decrease of 3.22% compared to RMB 9,053.68 million in 2020[12]. - The net interest income decreased to RMB 8.76 billion, a decline of 3.22% year-on-year[22]. - The net interest margin was 1.88%, a decrease of 0.19 percentage points from the previous year, while the net interest yield was 1.94%, down 0.16 percentage points[27]. Asset and Liability Management - As of the reporting period, the total assets of Jiangxi Bank amounted to RMB 508.56 billion, with total deposits of RMB 343.73 billion and total loans and advances of RMB 277.71 billion[6]. - Total assets reached RMB 508,559.81 million, reflecting a growth of 10.87% from RMB 458,692.82 million in 2020[13]. - Total liabilities amounted to RMB 466.93 billion, an increase of RMB 44.18 billion or 10.45% compared to the previous year[61]. - The total amount of loans and advances issued by the company reached RMB 277,714.31 million, an increase of RMB 54,292 million, representing a growth of 24.30% compared to the previous year[54]. - The total amount of corporate loans and advances was RMB 164,808.21 million, with an NPL amount of RMB 3,327.09 million and an NPL ratio of 2.02%[77]. - The total amount of non-performing loans was RMB 4.074 billion, with a non-performing loan ratio of 1.47%, a decrease of 0.26 percentage points from the previous year[74]. Risk Management - The group maintains a "stable and moderate" risk appetite, focusing on "risk control, structural adjustment, and stable growth" as part of its comprehensive risk management strategy[133]. - The group has established a risk management organization structure that emphasizes "centralized management and matrix distribution," clarifying risk management responsibilities[134]. - The company implemented various measures for non-performing asset disposal, including cash recovery, debt transfer, and write-offs, to enhance the efficiency of asset management[84]. - The company has established a comprehensive risk management framework to monitor and mitigate potential credit risks effectively[84]. - The total risk exposure to the top ten non-related single customers was RMB 30.080 billion, accounting for 10.82% of total loans and 68.75% of tier 1 capital[86]. Customer and Market Engagement - The bank aims to provide high-quality, efficient, and convenient financial services to various customer segments, focusing on risk control and structural adjustment[7]. - The number of internet payment customers increased to 2.47 million, a growth of 20.72% year-on-year[116]. - The cumulative number of enterprise mobile banking accounts reached 12,926, with new transactions amounting to RMB 3.649 billion during the reporting period[109]. - The bank's customer service center received 863,600 calls during the reporting period, with a daily average of 2,366 calls and a call connection rate of 90.49%[123]. Shareholder Structure - The top shareholder, Jiangxi Provincial Transportation Investment Group, holds 937,651,339 shares, representing 15.56% of the total share capital as of December 31, 2021[158]. - Jiangxi Provincial Financial Holding Group holds 347,546,956 shares, accounting for 5.77% of the total share capital, with no change from the previous year[158]. - The largest shareholder's stake increased to 20.04% when considering beneficial ownership, indicating a significant concentration of ownership[160]. - The total number of shares held by the top ten shareholders remains stable, with no changes reported compared to December 31, 2020[158]. Strategic Initiatives - The bank aims to maintain a focus on risk control, structural adjustment, and stable growth in 2022[154]. - The bank continues to focus on supporting small and micro enterprises, green finance, and rural revitalization initiatives[100]. - The bank has launched various credit products targeting key sectors, including green finance and supply chain finance, to support small and micro enterprises[110]. - The bank established a comprehensive financial service implementation plan for the inclusive finance reform pilot area, enhancing credit support for key development sectors[112]. Awards and Recognition - Jiangxi Bank received multiple awards in 2021, including recognition as one of the top 100 members in the interbank market and for its innovative credit card products[9]. - The bank received multiple awards in 2021, including the "Best Mobile Banking Security Innovation Award" from the China Financial Certification Center[11]. - The bank's digital finance initiatives were recognized with the "Best Security Innovation Award" by the China Financial Certification Authority in November 2021[123].
江西银行(01916) - 2021 - 年度财报