NJBK(SH:601009)2017-04-20 16:00Financial Performance - The net profit attributable to shareholders for 2016 was CNY 8.261 billion, representing a year-on-year growth of 18.01%, with a return on equity of 16.25%[3]. - The total profit for the reporting period was CNY 10,513,314 thousand, representing a 16.56% increase compared to the previous year[34]. - Operating income reached CNY 26,620,668 thousand, reflecting a growth of 16.60% from the previous year[36]. - The company's net profit for 2016 was RMB 8.35 billion, reflecting a year-on-year increase of RMB 1.28 billion or 18.14% from RMB 7.07 billion in 2015[98]. - Net profit attributable to shareholders was RMB 82.62 billion, an increase of RMB 12.61 billion, representing an 18.01% growth; basic earnings per share rose to RMB 1.33, an increase of 8.13%[57]. Asset and Liability Management - As of the end of 2016, Bank of Nanjing's total assets reached CNY 1,063.9 billion, successfully entering the trillion-yuan club[3]. - Total assets increased by 32.16% to CNY 1,063,899,825 thousand[37]. - Total liabilities rose by 33.07% to CNY 1,001,522,044 thousand[37]. - The company's total equity attributable to shareholders increased by 19.02% to 61,921,540 thousand RMB in 2016 from 52,026,524 thousand RMB in 2015[120]. Loan and Deposit Growth - The total deposits amounted to CNY 655.20 billion, reflecting a stable growth in the deposit scale[56]. - The company's total loan balance was CNY 331.78 billion, with corporate loans accounting for 81.24% and personal loans 18.76%[84]. - Personal banking deposits reached RMB 93.22 billion, up RMB 24.626 billion, a growth of 35.90%; personal loan balance increased to RMB 62.245 billion, up RMB 22.046 billion, a growth of 54.84%[58]. - Corporate deposits totaled RMB 561.484 billion, an increase of RMB 126.709 billion, a growth of 29.14%; corporate loans reached RMB 269.540 billion, up RMB 58.542 billion, a growth of 27.75%[58]. Risk Management - The non-performing loan ratio was maintained at 0.87%, below the industry average and well-controlled under 1%[5]. - The company has implemented various measures to effectively manage and control operational risks, including credit, market, liquidity, and operational risks[17]. - The company has strengthened its credit risk management by enhancing its credit policy system and asset quality control measures[168]. - The company has implemented a market risk management framework, focusing on monitoring interest rate and exchange rate risks[170]. Innovation and Development - The company launched 22 innovation proposals during the year, enhancing its product offerings in various sectors including small and micro enterprises, retail banking, and trade finance[10]. - The company aims to enhance its comprehensive financial service capabilities and focus on retail banking and internet finance development[31]. - The company has implemented a comprehensive financial service plan for small and micro enterprises, covering financing, cash management, and wealth management[184]. - The company established a Financial Innovation Committee in 2016 to streamline innovation management and promote the development of new financial products[184]. Corporate Recognition and Awards - The company was recognized as one of the top 1000 banks globally, ranking 152nd, and received multiple awards for its performance in the banking sector[6]. - The company achieved recognition as a "Civilized Unit" in Jiangsu Province and Nanjing City for the years 2013-2015, reflecting its commitment to corporate culture and social responsibility[12]. Strategic Initiatives - The company plans to distribute cash dividends of RMB 2.6 per 10 shares, totaling RMB 1.575 billion, and to increase capital by issuing 4 additional shares for every 10 shares held, resulting in a total of 2,423,487,978 new shares[16]. - The company aims to improve risk management and ensure compliance, focusing on liquidity risk management and preventing cross-financial risks[191]. - The company plans to enhance retail business structure and increase its proportion, leveraging internet thinking and models to innovate in online financial development[190]. Branch Expansion - The establishment of new branches in Xuzhou and Huai'an completed the coverage of all 13 prefecture-level cities in Jiangsu Province[9]. - Nanjing Bank opened the Changzhou Xinbei Branch on August 8, 2016, approved by the Changzhou Regulatory Bureau of the China Banking Regulatory Commission[198]. - Nanjing Bank opened the Nanjing Binjiang Microfinance Branch on August 8, 2016, approved by the Jiangsu Regulatory Bureau of the China Banking Regulatory Commission[198]. - Nanjing Bank opened the Qixia Branch on August 9, 2016, approved by the Jiangsu Regulatory Bureau of the China Banking Regulatory Commission[198].