XIANMEN BANK(SH:601187) He Xun Wang·2025-06-26 05:36Core Viewpoint - Xiamen Bank is committed to long-term value creation and aims to establish itself as a "value bank" by focusing on customer collaboration, strong profitability, low risk costs, balanced business structure, distinctive operations, and broad social recognition [1] Financial Performance - Xiamen Bank plans to distribute a total cash dividend of 818 million yuan (including tax) for 2024, with a dividend payout ratio of 31.53%, an increase of 0.82 percentage points from 2023 [1] - Since its IPO in 2020, Xiamen Bank has distributed a cumulative cash dividend of 3.536 billion yuan, nearly double the total amount raised during the IPO [1] Business Strategy - The bank's 2024 strategy emphasizes high-quality development, with a focus on stability, progress, and establishing a strong foundation [4] - Xiamen Bank aims to enhance its corporate client coverage and improve the quality and quantity of its corporate business through various measures [3] Corporate Banking - As of the end of 2024, the bank's corporate loans and advances (excluding bill discounts) reached 122.09 billion yuan, a growth of 9.25% from the beginning of the year [2] - The number of corporate clients increased by 6.08%, and the number of effective corporate accounts grew by 8.99% [2] - The bank has seen significant growth in green and technology loans, with green loan clients increasing by 88.40% and technology loan clients by 10.72% [2] Retail Banking - Xiamen Bank is transforming into a "retail boutique bank," with personal financial assets surpassing 100 billion yuan for the first time [3] - The number of retail wealth management clients grew by over 10%, and the number of high-net-worth clients increased by over 15% [3] Cross-Strait Financial Services - The bank's cross-strait financial services have shown strong growth, with the number of Taiwanese enterprise and individual clients increasing by 19% and 17%, respectively [5] - Taiwanese enterprise deposits and loans saw year-on-year increases of 45% and 23% [5] Digital Transformation - Xiamen Bank is focusing on digital transformation as a core strategy for high-quality development, aiming to enhance its digital capabilities and service offerings [8][9] - The bank plans to leverage technology to improve customer experience and operational efficiency, including the development of a "smart life + finance" ecosystem [9] Future Outlook - The bank aims to deepen its cross-strait financial services and expand its market presence beyond Fujian and Chongqing [7] - Xiamen Bank is committed to long-term growth and believes that with the right direction and persistence, it can successfully navigate economic cycles [10]