Bank Of Jiangsu(SH:600919)2018-08-20 16:00Financial Performance - The company reported a mid-year financial performance with no profit distribution or capital reserve increase for 2018[7]. - The financial report for the first half of 2018 was reviewed by KPMG Huazhen and is unaudited[6]. - The company's operating revenue for the first half of the year reached ¥17,217,634, representing a year-on-year increase of 0.89% compared to ¥17,065,842 in the same period last year[23]. - Net profit attributable to shareholders was ¥6,851,702, marking a 10.93% increase from ¥6,176,786 in the previous year[23]. - The total assets at the end of the reporting period were ¥1,847,867,853, reflecting a 4.37% increase from ¥1,770,550,986 at the end of the previous year[23]. - Basic earnings per share increased by 9.26% to ¥0.59 from ¥0.54 in the same period last year[24]. - The weighted average return on equity decreased slightly to 7.26%, down by 0.05 percentage points from 7.31% in the previous year[24]. - The total equity attributable to shareholders increased to ¥116,184,673, a rise of 4.53% from ¥111,144,904 at the end of the previous year[23]. - The net cash flow from operating activities showed a significant decline, amounting to -¥91,496,008, which is a 103.43% increase in negative cash flow compared to -¥44,975,564 last year[23]. Risk Management - The company has effectively managed various operational risks, including credit risk, market risk, liquidity risk, and operational risk[9]. - The company has taken measures to ensure the accuracy and completeness of its financial reporting, as stated by its legal representatives[6]. - The company has enhanced its risk management by implementing a comprehensive system for monitoring interbank business and customer relationships[69]. - The liquidity risk management framework has been enhanced, with no indicators exceeding the set limits during the reporting period[145]. - The market risk remained stable and controllable, with no significant losses reported during the period[146]. - The operational risk management system was improved, resulting in no major operational risk loss events occurring[148]. Awards and Recognition - The company received multiple awards, including the "Most Socially Responsible Financial Institution" and "Best Development Award for Syndicated Loans" from the China Banking Association[12]. - The company has a commitment to innovation, as evidenced by its recognition as an "Innovative Institution of the Year" by the China Asset Securitization Forum[12]. Asset and Loan Management - Total deposits amounted to CNY 1,077.3 billion, growing by 6.90% year-to-date[53]. - Total loans reached CNY 829.2 billion, reflecting a year-to-date growth of 10.96%[53]. - The non-performing loan ratio improved to 1.40%, a decrease of 0.01 percentage points from the beginning of the year[53]. - The balance of loans to technology enterprises grew by CNY 18.5 billion to CNY 80.4 billion, representing a year-to-date increase of 29.9%[60]. - The balance of green credit reached CNY 77.1 billion, with a year-to-date growth of 15.09%[59]. - The company's small and micro enterprise loan balance reached CNY 350.5 billion, accounting for 42.27% of total loans, with a year-to-date increase of CNY 37.5 billion[60]. Financial Technology and Innovation - The bank is actively advancing financial technology applications, including blockchain and artificial intelligence, across various business areas[44]. - The company expanded its financial technology applications, completing over 30 AI application scenarios during the reporting period[71]. Shareholder Information - The largest shareholder, Jiangsu International Trust, holds 924,493,086 shares with no pledge ratio[155]. - Jiangsu Phoenix Publishing and Media Group holds 885,273,683 shares, also with no pledge ratio[155]. - The total number of ordinary shares before the recent changes was 11,544,450,000, with no changes in the overall share structure during the reporting period[186]. - The total number of shareholders at the end of the reporting period was 204,879, with no preferred shareholders[189]. Social Responsibility and Community Support - The company has actively engaged in financial poverty alleviation, aligning its business growth with social responsibility[173]. - A total of 5,324 registered poor individuals have been helped to escape poverty through the company's initiatives[176]. - The company has supported 121 cooperatives with RMB 72.41 million and 92 family farms with RMB 33.86 million in the northern Jiangsu region[178]. - The company has established 126 projects with a total amount of RMB 960 million to support low-income populations, potentially creating nearly 1,000 jobs[177]. Compliance and Governance - The company has no major litigation or arbitration matters during the reporting period[168]. - The company has no undisclosed major contracts or significant related party transactions[171]. - The company strictly complied with regulatory requirements for the disclosure of information regarding the circulation of restricted shares[187].