NJBK(SH:601009)2023-08-30 16:00Awards and Rankings - The company ranked 91st in the 2023 Global Bank 1000 list by The Banker, improving by 10 positions from the previous year[22]. - The company achieved a ranking of 21st in the 2023 China Banking Industry Top 100 list by the China Banking Association[22]. - The company was awarded the "2022 Advanced Enterprise in High-Quality Development" by the Nanjing Municipal Government[22]. - The company received the "Best Supply Chain Financial Bank" award at the 7th China Supply Chain Financial Industry Benchmark Award Ceremony[22]. - The company’s subsidiary, Nan Yin Wealth Management, received multiple awards for excellence in wealth management services[22]. Financial Performance - Operating revenue for the first half of 2023 reached RMB 24,303,937, an increase of 3.28% compared to RMB 23,532,351 in the same period of 2022[23]. - Net profit attributable to shareholders was RMB 10,684,857, reflecting a year-on-year growth of 5.26% from RMB 10,150,644 in 2022[23]. - The net cash flow from operating activities was RMB 60,536,629, a significant increase of 789.47% compared to a negative cash flow of RMB -8,780,201 in the first half of 2022[23]. - Total assets as of June 30, 2023, amounted to RMB 2,222,509,670, representing a 7.92% increase from RMB 2,059,483,739 at the end of 2022[23]. - Total liabilities increased by 8.17% to RMB 2,057,088,723 from RMB 1,901,784,904 at the end of 2022[23]. - The bank's basic earnings per share for the first half of 2023 was RMB 1.03, up 1.98% from RMB 1.01 in the same period of 2022[23]. - The company distributed a cash dividend of RMB 0.5339 per share, totaling RMB 5,522,519,010.26, completed on June 21, 2023[23]. - Net profit for H1 2023 was RMB 10,742,513,000, reflecting a year-on-year growth of 5.39%[31]. - Non-interest income as a percentage of total revenue increased to 43.94% in H1 2023, up 1.48 percentage points from H1 2022[29]. Risk Management - The company has implemented various measures to effectively manage and control operational risks, including credit, market, liquidity, and operational risks[9]. - The company has no foreseeable major risks and has taken steps to mitigate various operational risks[9]. - The company implemented a comprehensive liquidity risk management system, ensuring liquidity safety[40]. - The company has strengthened risk management for group customer credit, optimizing management systems and enhancing compliance checks[112]. - The company has adopted the expected credit loss method for loan loss provisions, with an ending balance of RMB 36.209 billion[111]. Asset and Loan Management - The total loan amount was RMB 10,628.46 billion, up RMB 1,169.33 billion or 12.36% year-on-year[40]. - The loan balance in Jiangsu province was 926.46 billion RMB, accounting for 87.17% of the total loan balance, up 1.09 percentage points from the previous year[68]. - The balance of inclusive small and micro enterprise loans is RMB 1,046.01 billion, with a growth of RMB 139.92 billion, or 15.44%, compared to the beginning of the year[121]. - The balance of green financial loans reached CNY 165.114 billion, an increase of CNY 32.157 billion compared to the beginning of the year[123]. - The company’s personal loan non-performing rate (NPL) is 1.59%, an increase of 0.50 percentage points compared to the end of the previous year[105]. Employee and Governance - The company has over 16,000 employees, with 98.75% holding a bachelor's degree or above[39]. - The total number of employees in the parent company and major subsidiaries is 16,085, with 3,418 management personnel, accounting for 21.25% of the total[181]. - The average age of formal employees in the parent company is 33 years, with 98.75% holding a bachelor's degree or higher, and 30.55% holding master's or doctoral degrees[185]. - The board of directors consists of 9 members, including 1 executive director and 4 independent directors, ensuring compliance with relevant laws and regulations[174]. - The supervisory board, comprising 8 members, held 2 meetings and reviewed 17 proposals, actively participating in the decision-making process of the board[175]. Strategic Development - The company aims to enhance its service capabilities and deepen its engagement in the Jiangsu county areas as part of its strategic development[36]. - The company plans to enhance support for key sectors such as inclusive finance, manufacturing, and green finance in the second half of 2023[64]. - The company is focusing on sustainable development by integrating ESG principles into its business and governance frameworks[161]. - The company is committed to enhancing legal risk management by optimizing contract management systems and conducting legal reviews of non-standard contracts[155]. - The company is advancing its digital transformation strategy to integrate financial technology and promote the deep integration of digital and real economies[160]. Community Engagement and Social Responsibility - The company has conducted over 1,200 public education activities, reaching approximately 745,000 individuals, to promote financial knowledge and consumer rights[197]. - The company has supported poverty alleviation initiatives with a commitment of CNY 7.5 million in educational funding over five years and additional donations totaling CNY 2.55 million for various charitable activities[191]. - The company has established 51 county-level branches, achieving full coverage in provincial county areas, enhancing its service capabilities in rural finance[193]. - The company has actively participated in volunteer services, with over 2,200 employees donating more than CNY 150,000 to local communities[191]. - The company has signed green finance cooperation agreements with 13 parks to support green development initiatives[190]. Compliance and Investor Relations - The company continues to focus on compliance with information disclosure regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange[177]. - The company has strengthened its investor relations management, emphasizing respect, return, and protection of investors[177]. - The company disclosed a total of 2 regular reports and 23 temporary announcements during the reporting period, ensuring timely and accurate information dissemination to investors[177]. - The company received over 400 investor phone inquiries and conducted 40+ analyst and institutional research meetings, enhancing investor communication[177]. - The company has not initiated any stock incentive plans or employee stock ownership plans during the reporting period[187].