Zhong Guo Xin Wen Wang·2025-04-29 11:31Core Viewpoint - China Construction Bank (CCB) reported its Q1 2025 financial results, emphasizing its commitment to high-quality development and proactive service in the evolving economic landscape [2] Financial Performance - As of March 31, 2025, CCB's total assets reached 42.79 trillion RMB, an increase of 2.22 trillion RMB or 5.48% from the end of the previous year [3] - Total liabilities amounted to 39.38 trillion RMB, up by 2.16 trillion RMB or 5.79% [3] - Customer deposits were 30.43 trillion RMB, reflecting an increase of 1.72 trillion RMB or 5.99% [3] - Net profit for the quarter was 837.42 billion RMB, with a net interest margin of 1.41% [3] - The annualized return on assets was 0.80%, and the annualized return on equity was 10.42% [3] - Capital adequacy ratio stood at 19.15%, with a Tier 1 capital ratio of 14.67% and a core Tier 1 capital ratio of 13.98% [3] - Non-performing loan ratio was 1.33%, a slight decrease of 0.01 percentage points from the previous year [3] - Provision coverage ratio improved to 236.81%, up by 3.21 percentage points [3] Support for Real Economy - CCB issued loans and advances totaling 27.02 trillion RMB, an increase of 1.18 trillion RMB or 4.55% [4] - Financial investments reached 11.31 trillion RMB, up by 0.62 trillion RMB or 5.83% [4] - The bank is enhancing its support for regional development strategies and has initiated financial service plans for key areas such as the Guangdong-Hong Kong-Macao Greater Bay Area [4] - Long-term loans to the manufacturing sector amounted to 1.79 trillion RMB, with a year-to-date increase of 1,671.46 billion RMB or 10.31% [4] - Personal consumption loans, including credit cards, totaled 1.61 trillion RMB [4] - Digital RMB transactions reached 4.80 billion, with a total transaction value of 1,015.57 billion RMB [4] Support for Private Economy - CCB launched a 2025 action plan with 16 specific measures to support the high-quality development of the private economy [5] - Loans to private enterprises reached 6.47 trillion RMB, reflecting a growth of 7.92% [5] Integration of Financial Services - Loans to technology-related industries exceeded 4 trillion RMB, with strategic emerging industry loans at 3.34 trillion RMB, a growth of 17.14% [6] - Green loan balance reached 5.64 trillion RMB, with a year-on-year growth of 13.18% [6] - Inclusive finance loans for small and micro enterprises totaled 3.63 trillion RMB, an increase of 2,219.81 billion RMB [6] - Agricultural loans reached 3.56 trillion RMB, up by 2,310.63 billion RMB [6] - The bank's pension asset management scale surpassed 630 billion RMB [6] Risk Management - CCB is enhancing its risk management framework to prevent systemic financial risks and improve asset quality control [7] - The bank is committed to aligning its strategies with national economic policies and enhancing its operational capabilities [7]