Financial Performance - Harbin Bank Co., Ltd. reported its audited financial results for the year ending December 31, 2024[4]. - Net interest income for 2024 reached RMB 9,836.9 million, a 3.01% increase from RMB 9,549.0 million in 2023[24]. - Total operating income increased by 7.56% to RMB 14,243.2 million in 2024, compared to RMB 13,241.7 million in 2023[24]. - Net profit attributable to shareholders of the parent company rose by 24.28% to RMB 919.7 million in 2024, up from RMB 740.0 million in 2023[24]. - The total assets of the company increased by 12.65% to RMB 916,231.9 million in 2024, compared to RMB 813,328.7 million in 2023[27]. - The total equity attributable to shareholders of the parent company increased by 2.53% to RMB 63,161.9 million in 2024, compared to RMB 61,604.3 million in 2023[27]. - The net profit for 2024 was RMB 1.0824 billion, showing a significant increase of 21.88% compared to the previous year[31]. - The average return on equity for 2024 was 0.69%, an increase of 0.34 percentage points compared to the previous year[59]. Asset and Loan Growth - As of December 31, 2024, the total assets of Harbin Bank reached RMB 916.2319 billion, an increase of 12.65% compared to the end of the previous year[31]. - The loan balance stood at RMB 379.0939 billion, reflecting a growth of 17.30% year-on-year[31]. - Customer loans and advances totaled RMB 379,093.9 million, reflecting a 17.30% increase from RMB 323,182.7 million in 2023[27]. - The bank's corporate loans reached RMB 205.4050 billion, an increase of RMB 21.3999 billion or 11.6% year-on-year[116]. - The balance of loans for strategic emerging industries reached RMB 5.628 billion, showing a significant growth of 398.05% year-on-year[46]. - The balance of technology finance loans was RMB 11.767 billion, reflecting a year-on-year increase of 41%[46]. - The balance of green finance loans reached RMB 10.832 billion, with a remarkable growth of 249.46% compared to the previous year[46]. Non-Performing Loans and Risk Management - The non-performing loan ratio decreased to 2.84% in 2024 from 2.87% in 2023[27]. - The provision coverage ratio improved to 202.59% in 2024, up from 197.38% in 2023[27]. - The amount of non-performing loans was RMB 10,757.0 million, compared to RMB 9,259.6 million in 2023[144]. - The bank's individual loan non-performing loan ratio was 4.97%, up from 3.93% in 2023[147]. - The overdue loans accounted for 13.6% of total loans as of December 31, 2024, a decrease of 1.2 percentage points compared to the previous year[161]. - The company plans to enhance its risk management strategies to further reduce overdue loans and improve asset quality[161]. Regulatory Compliance and Transparency - The financial statements were audited by Hong Kong Lixin Dehao Accounting Firm Limited according to international auditing standards[4]. - The company emphasizes its commitment to transparency and compliance with the Hong Kong Listing Rules[12]. - The company is not recognized as an authorized institution under the Hong Kong Banking Ordinance and is not regulated by the Hong Kong Monetary Authority[6]. - The annual report is available on the company's website and the Hong Kong Stock Exchange's disclosure platform[5]. Digital Transformation and Innovation - The company aims to enhance its digital capabilities by launching various digital banking services and platforms by 2025[49]. - The company received the "2024 Digital Financial Gold List Award" for the "Mobile Banking Channel Integration Innovation Award" and was recognized as a "Model Bank for Green Financial Practices" in 2024[19]. - The company's "Cross-Border Digital Financial Platform" won the "2024 15th Financial Product and Service Innovation Award" in December 2024[19]. - The bank's digital transformation efforts are focused on enhancing customer experience and optimizing product functionality[180]. Customer Deposits and Retail Banking - The deposit balance was RMB 693.6794 billion, which is a 7.96% increase from the previous year[31]. - Retail deposits reached RMB 499.977 billion, an increase of 12.33% from the previous year[47]. - The bank achieved a market share of 19.65% in retail deposits in Harbin, maintaining the top position for seven consecutive years[178]. - The number of retail customers increased to 14.9077 million, a growth of 260,100 customers compared to the previous year[176]. Awards and Recognition - The company ranked 183rd in the "2024 Global Bank 1000" list published by The Banker and 282nd in the "2024 Global Bank Brand Value 500" list by Brand Finance[18]. - The company was awarded the "Outstanding Regional Private Banking Service Award" and "Outstanding Wealth Capability Service Bank" by Puyin Standard in October 2024[19]. - The company was recognized as a "Demonstration Unit for Modern Bank Business Network Service Certification" by the Beijing National Financial Technology Certification Center in December 2024[19]. - The company has been included in the "National Inclusive Finance Typical Case (2024)" selection by the China Association of Small and Medium Enterprises[19].
哈尔滨银行(06138) - 2024 - 年度业绩