Core Viewpoint - Huishang Bank (03698) has released a positive profit forecast for the first half of 2025, indicating growth in both revenue and net profit compared to the same period last year [1]. Financial Performance - For the first half of 2025, Huishang Bank's operating income is approximately 21.1 billion yuan, reflecting a year-on-year increase of about 2.2% [1]. - The net profit for the same period is around 9.3 billion yuan, showing a year-on-year growth of approximately 3.8% [1]. Asset Quality - As of June 30, 2025, the total assets of the group reached approximately 22.5 trillion yuan, representing an increase of about 11.8% since the beginning of the year [2]. - The non-performing loan (NPL) ratio remains low at approximately 0.98%, while the NPL coverage ratio has risen to about 289%, an increase of approximately 3 percentage points compared to the end of the previous year [3]. Management Changes - On July 31, 2025, Huishang Bank announced the resignation of Chairman Yan Chen due to a job transfer, effective immediately [4]. - Yan Chen, who joined Huishang Bank in December 2019 and became chairman in July 2021, has held various significant positions in both the bank and other governmental organizations [4].
徽商银行中期净利预增3.8%至93亿元，53岁董事长严琛因工作调动辞职