Financial Performance - The bank reported a consolidated net profit for the year ending December 31, 2024, with specific figures to be detailed in the full annual report[3]. - Operating revenue for 2024 reached RMB 25,481,589, an increase of 1.94% compared to RMB 24,997,370 in 2023[44]. - Pre-tax profit rose to RMB 5,333,030, reflecting a growth of 3.29% from RMB 5,163,077 in the previous year[44]. - Net profit increased by 3.44% to RMB 5,255,815, up from RMB 5,080,903 in 2023[44]. - Net cash flow from operating activities surged by 14.27% to RMB 92,909,178, compared to RMB 81,308,605 in 2023[44]. - Total comprehensive income for the period was 5.68 billion RMB, reflecting a growth of 5.08% year-on-year[61]. - The total operating income for 2024 was RMB 25,481,589, an increase from RMB 24,997,370 in 2023, reflecting a growth of 1.9%[129]. Assets and Liabilities - Total assets reached CNY 1,843.84 billion, a year-on-year increase of 6.41%[16]. - Total liabilities amounted to CNY 1,733.72 billion, growing by 7.13% year-on-year[16]. - The total amount of loans and advances was RMB 936.49 billion, reflecting a growth of 0.41% compared to the end of the previous year[95]. - The group’s total equity stood at RMB 110.13 billion, a decrease of RMB 4.28 billion compared to the previous year, mainly due to the redemption of perpetual bonds[112]. - The total amount of deposits absorbed by the group reached RMB 1,067.56 billion, marking a growth of 14.31% from RMB 934.59 billion in the previous year[108]. Risk Management - The bank's management has outlined the main risks faced in operations and the corresponding measures taken to mitigate these risks[9]. - The non-performing loan ratio stood at 1.76%, indicating stable overall development[16]. - The company emphasized risk management for group customer credit, enhancing the identification and prevention of overall risks associated with group clients[150]. - The company has established a comprehensive risk management framework with a three-line defense system to enhance risk control capabilities[196]. - The company actively monitors large group clients and implements measures for risk resolution, ensuring asset quality remains stable[197]. Awards and Recognition - The company received the "Most Innovative Institution" and "Most Breakthrough Institution" awards at the 2024 Annual Summary Exchange Meeting of the Beijing Financial Assets Exchange[27]. - The company ranked first in the "Rapid Progress Award" for bond underwriting in the 2024 Wind Best Investment Bank selection[28]. - The company was recognized as a "Top 20 Bank in ESG Comprehensive Performance" with an AA rating in the 2024 ESG Development Practice Case selection by the China Banking and Insurance News[29]. - The company won the "Outstanding Regional Service Bank" award at the 2024 Capital Market Summit Forum[32]. - The company received multiple awards from the National Development Bank, including "Outstanding Underwriter" and "Innovation Cooperation Award" for 2024[33]. Strategic Development - The bank's strategic development plan for 2021-2025 is referenced, indicating ongoing growth and expansion initiatives[6]. - The bank aims to enhance its operational capabilities and achieve strategic goals through structural adjustments and business model improvements in 2025[17]. - The implementation of the "9531" system and the transformation of the "Nine Major Banks" are key focuses for the bank's future development[16]. - The company aims to enhance its service quality to the real economy and increase support for key national strategic areas, including technology innovation and green development[54]. - The company is focused on optimizing its business structure and enhancing financial risk control while promoting high-quality development[54]. Digital Transformation - The bank invested CNY 1.337 billion in technology during the reporting period, focusing on building high-standard digital financial infrastructure and enhancing digital capabilities to support business development[191]. - The bank is actively exploring smart remote banking construction, enhancing online customer service experiences through a dual-driven model of "channel collaboration + intelligent operation" for improved service standardization and efficiency[187]. - The mobile banking version 7.0 includes innovative features such as family accounts and a comprehensive service system for wealth management, aiming to provide customized services throughout the customer lifecycle[186]. - The bank is enhancing its data-sharing mechanisms across channels to support seamless service delivery and improve customer experience through integrated data management[187]. Customer and Market Focus - The bank is committed to serving the real economy and enhancing its role in financial support for the community[20]. - The total number of customers reached 118,960, an increase of 12.83% compared to the end of the previous year, with effective customers totaling 71,754, up 11.60%[158]. - The balance of inclusive loans amounted to 55.27 billion yuan, an increase of 3.8 billion yuan from the end of the previous year, with a total of 129,465 loan accounts[170]. - The company is focusing on enhancing digital inclusive finance services, embedding them into various operational scenarios for small and micro enterprises[169]. - The company launched the "Bohai Bank Global Fast Remittance" service, which won the "Outstanding Innovative Case in Transaction Banking" award in 2024[164].
渤海银行(09668) - 2024 - 年度业绩