Jing Ji Guan Cha Wang·2025-07-31 07:33Core Viewpoint - Chongqing Bank has introduced a new "Five High" strategic positioning to adapt to significant external changes in 2024, focusing on high goals, high positioning, high efficiency, high-quality service, and high-quality development [1][2][6]. Group 1: Financial Performance - In Q1 2025, Chongqing Bank reported operating income of 3.581 billion yuan, a year-on-year increase of 5.30%, and net profit of 1.707 billion yuan, up 5.43% [1]. - By the end of Q1 2025, total assets reached 931.699 billion yuan, marking a significant milestone towards the trillion-yuan mark [1][6]. - For the full year 2024, the bank achieved operating income of 13.679 billion yuan, a growth of 3.54%, and net profit of 5.521 billion yuan, increasing by 5.59% [6]. Group 2: Asset Quality - By the end of 2024, the bank's non-performing loan ratio reached its lowest level since its A-share listing, 0.51 percentage points lower than the average for national city commercial banks [7]. - The non-performing loan ratio further decreased by 0.04 percentage points by the end of Q1 2025 compared to the end of the previous year [7]. Group 3: Strategic Initiatives - The "Five High" strategy includes high goal orientation, high positioning transformation, high efficiency operations, high-quality services, and high-quality development [2][3][4][5][6]. - The bank aims to enhance its comprehensive financial service capabilities by focusing on major regional development strategies, such as the Chengdu-Chongqing economic circle and the Western Land-Sea New Corridor [1][6]. - Chongqing Bank plans to support the Chengdu-Chongqing area with over 150 billion yuan in credit throughout 2024, an increase of nearly 40 billion yuan from the previous year [8][9]. Group 4: Digital and Green Finance - The bank is leveraging digital finance to integrate into national digital economy initiatives, with significant growth in technology, green, and inclusive loans, achieving respective growth rates of 32%, 40%, and 22% [10][11]. - Chongqing Bank has developed an ESG rating system and launched the first "Industrial Green Effect Loan" in the central and western regions [11]. - The bank has also created a digital credit decision-making platform to support various inclusive financial products, enhancing accessibility for older clients [11]. Group 5: Future Outlook - By the end of 2025, Chongqing Bank aims to achieve a total asset scale of one trillion yuan while improving both business scale and asset quality [12].