Financial Performance - Guizhou Bank announced its annual performance for the year ending December 31, 2023, in compliance with the Hong Kong Stock Exchange listing rules[1]. - The board of directors has reviewed and confirmed the annual performance results, which will be published on the Hong Kong Stock Exchange and the bank's website[1]. - Net interest income decreased by 13.32% to RMB 8,750.02 million in 2023 from RMB 10,094.21 million in 2022[23]. - Total operating income fell by 5.38% to RMB 11,344.69 million in 2023 compared to RMB 11,989.98 million in 2022[23]. - Net profit decreased by 4.60% to RMB 3,653.33 million in 2023 from RMB 3,829.46 million in 2022[23]. - Total assets increased by 8.06% to RMB 576,786.03 million in 2023 from RMB 533,781.34 million in 2022[24]. - Total liabilities increased by 7.87% to RMB 528,368.12 million in 2023 from RMB 489,810.81 million in 2022[24]. - The loan-to-deposit ratio improved to 95.01% in 2023 from 91.31% in 2022, an increase of 3.70%[24]. - The liquidity coverage ratio decreased to 365.70% in 2023 from 419.41% in 2022, a decline of 53.71%[24]. - The total amount of loans and advances issued by the bank reached CNY 331.95 billion, an increase of CNY 38.42 billion, reflecting a growth of 13.09% year-on-year[88]. Governance and Compliance - The bank's board includes both executive and non-executive directors, ensuring a diverse governance structure[2]. - The bank's corporate governance report will provide insights into its governance practices and compliance with regulatory requirements[3]. - Guizhou Bank is not classified as an authorized institution under the Banking Ordinance of Hong Kong and is not regulated by the Hong Kong Monetary Authority[2]. - The company emphasizes compliance with Chinese laws regarding the tenure of directors and supervisors[195]. - The company maintains a diverse board composition to enhance governance and oversight[195]. Risk Management - The bank is committed to enhancing risk management capabilities, ensuring no systemic risks occur, and has strengthened internal governance and compliance management[13]. - The company has established a comprehensive risk management system covering credit, market, liquidity, operational, and strategic risks, aligning with regulatory requirements[120]. - The market risk management framework has been enhanced, with all market risk indicators remaining within limits during the reporting period[123]. - The bank's information technology risk management has been strengthened, with no significant technology risk events reported during the year[124]. - The bank's liquidity risk management strategy includes maintaining a reasonable level of active liabilities and enhancing the management of maturity profiles[142]. Digital Transformation and Innovation - The bank has launched 21 digital transformation projects, including smart micro-loans and online mortgage loans, enhancing customer insights and risk control[12]. - The bank's digital financial ecosystem aims to provide services to over 179,000 agricultural customers through the Huinong platform[156]. - The bank's software project construction resulted in 81 computer software copyrights, ranking first among financial institutions in the province[154]. - Active users of the BI business intelligence data analysis tool increased by 384% year-on-year, while the number of data operations surged by 737%[157]. - The average data processing time was reduced from 3 days to 1-4 hours, significantly enhancing decision-making efficiency[157]. Community Engagement and Social Responsibility - The company engaged in various social responsibility activities, contributing a total of 7.4 million yuan in charitable donations throughout the year[165]. - The company established 82 volunteer service teams to support nearly 10,000 students and parents during the college entrance examination[165]. - The bank conducted 2,381 financial consumer education activities, reaching approximately 2.775 million consumers throughout the year[145]. - The bank's consumer rights protection efforts included training for 5,180 staff members to improve awareness and capabilities in consumer rights protection[145]. - The company conducted over 3,000 financial knowledge promotion and anti-fraud service activities, providing 749,900 financial services amounting to CNY 1.47 billion[161]. Shareholder Information - As of December 31, 2023, the total share capital of the company is 14,588,046,744 shares, consisting of 12,388,046,744 domestic shares and 2,200,000,000 H shares[167]. - The largest domestic shareholder is the Guizhou Provincial Finance Department, holding 2,917,500,000 shares, which is 20.00% of the total[170]. - The top ten domestic shareholders hold a total of 6,855,000,000 shares, representing approximately 46.93% of the total issued share capital[170]. - The company is not aware of any other individuals holding 5% or more of the shares as of December 31, 2023[175]. - Guizhou Provincial Finance Department holds 20.00% of shares as of December 31, 2023, up from 18.29% in 2022[178]. Employee and Management Structure - As of the report date, Guizhou Bank has 5,523 employees and 222 branches, with a presence in 88 counties in Guizhou Province[20]. - The board of directors consists of 16 members, including 3 executive directors, 6 non-executive directors, and 7 independent non-executive directors[195]. - The company has a total of 7 senior management personnel, including the chairman and executive director, who resigned on March 7, 2024[200]. - During the reporting period, the company organized 1,347 training programs, with 86,738 participants, enhancing the quality of its talent pool[166]. - The company has implemented a talent retention strategy, enhancing its compensation management system and broadening the talent development pathway[166].
贵州银行(06199) - 2023 - 年度业绩