华夏银行股份有限公司 2025年第一季度报告

Core Viewpoint - The company reported a decline in profits and key financial metrics for the first quarter of 2025, while also announcing significant governance changes, including the abolition of the supervisory board and the appointment of a new board secretary [10][53][30]. Financial Performance - The total profit for the group in Q1 2025 was 6.731 billion yuan, a decrease of 1.198 billion yuan or 15.11% year-on-year [10]. - The net profit attributable to shareholders was 5.063 billion yuan, down by 827 million yuan or 14.04% compared to the previous year [10]. - Total assets reached 4.521 trillion yuan, an increase of 144.708 billion yuan or 3.31% from the end of the previous year [10]. - Total loans amounted to 2.475 trillion yuan, up by 108.661 billion yuan or 4.59% year-on-year [10]. - Total liabilities were 4.152 trillion yuan, increasing by 141.565 billion yuan or 3.53% [10]. - Total deposits reached 2.283 trillion yuan, an increase of 132.353 billion yuan or 6.15% [10]. - The non-performing loan ratio was 1.61%, up by 0.01 percentage points from the end of the previous year [10]. - The provision coverage ratio was 156.85%, down by 5.04 percentage points [10]. Governance Changes - The supervisory board was proposed to be abolished, with the decision pending approval from the shareholders' meeting and regulatory authorities [53][54]. - The company appointed Yang Wei as the new board secretary, pending regulatory approval of his qualifications [30][17]. - The board meeting on April 28, 2025, was held with full attendance and approved several key resolutions, including the financial report and governance changes [20][21]. Upcoming Shareholder Meeting - The annual shareholder meeting is scheduled for May 13, 2025, where additional proposals will be discussed, including the abolition of the supervisory board and amendments to the company's articles of association [35][38].