NJBK(SH:601009)2022-04-15 16:00Financial Performance - As of the end of the reporting period, the company's total assets exceeded 1.74 trillion RMB, an increase of 15.28% year-on-year[40] - Deposits surpassed 1 trillion RMB, reaching 1.07 trillion RMB, a growth of 13.26% compared to the previous year[40] - Loans exceeded 790 billion RMB, with a year-on-year growth of 17.16%[40] - The company achieved an operating income of 40.925 billion RMB, representing a year-on-year increase of 18.74%[40] - Net profit attributable to shareholders of the parent company was 15.857 billion RMB, up 21.04% year-on-year[40] - The company's revenue increased by over 18%, while net profit attributable to shareholders grew by more than 21%[48] - The company's operating income for 2021 was CNY 40,925,185, an increase of 18.74% compared to CNY 34,465,476 in 2020[58] - The net profit attributable to shareholders for 2021 reached CNY 15,856,757, reflecting a growth of 21.04% from CNY 13,100,883 in 2020[58] - The total assets as of the end of 2021 amounted to CNY 1,748,946,747, up 15.28% from CNY 1,517,075,765 in 2020[58] - The total deposits increased to CNY 1,071,704,267, representing a growth of 13.26% from CNY 946,210,819 in 2020[58] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 4.754 RMB per 10 shares, totaling 4.7573 billion RMB, which accounts for 30% of the net profit attributable to shareholders[37] - The company paid dividends of RMB 1.95 billion and RMB 2.3814 billion for the two series of preferred shares in September and December 2021 respectively[59] Branch Expansion and Digital Transformation - The company aims to add 100 new branches by the end of 2023, having already added 15 branches in 2021[41] - Nanjing Bank plans to enhance its digital capabilities and deepen its retail and transaction banking strategies, aiming for balanced and sustainable growth[42] - The company is focused on digital transformation and has launched key products like the digital credit card "N Card" and "Xin e Partner" to enhance its service capabilities[72] Risk Management and Governance - The bank aims to strengthen risk management in response to increasing external uncertainties, ensuring prudent and compliant operations[42] - Nanjing Bank's governance structure has been improved, with a focus on integrating party leadership into corporate governance[42] - The company has strengthened risk management for group customer credit, optimizing the management system and enhancing compliance checks[142] Community Engagement and ESG Initiatives - The bank emphasized the importance of ESG management and consumer rights protection, with over 14 million RMB donated to educational support over 11 years[42] - The company is actively supporting the "dual carbon" goals, with green finance loan balances nearing 100 billion RMB[41] - The company signed the United Nations Principles for Responsible Banking in November 2021, becoming a member of the UN Environment Programme Finance Initiative[166] Customer and Market Growth - The retail customer AUM (Assets Under Management) increased by over 16%[41] - The total retail customers reached 23.6265 million, an increase of 2.0144 million, representing a growth of 9.32% year-on-year, with private diamond customers growing by 13.31% to 34,291[175] - The number of cash management clients nearly doubled, with close to 50,000 clients signed up for the open banking platform "Xin e Partner"[48] Loan and Asset Management - The non-performing loan ratio has remained below 1% for several years, with a provision coverage ratio of 397.34% and a core Tier 1 capital adequacy ratio of 10.16%[48] - Manufacturing loans increased by over 25%, and green finance loans grew by more than 40%[48] - The overdue loan amount increased to RMB 99.75 billion, up by RMB 21.29 billion, with an overdue loan ratio of 1.26%[128] Financial Investments and Capital Structure - The company has issued 20 billion RMB in convertible bonds and 20 billion RMB in financial bonds to supplement capital and funding[41] - The company reported a total of 22,642,980 thousand RMB in buyback financial assets, with bonds making up 96.82% of this total[108] - The company’s total investment in long-term equity was 6,023,467 thousand RMB, accounting for 0.75% of total financial investments[110] Awards and Recognition - The company was recognized as the "Best Green Finance Regional Commercial Bank" in the 2021 "China Excellence Green Finance Awards" by Asiamoney[56] - The company achieved a credit rating of AAA with a stable outlook from China Chengxin International Credit Rating Co., Ltd.[53] - The company ranked 109th in the "Top 1000 World Banks" by The Banker magazine, improving by 19 places from the previous year[54]