SRCB(SH:601825) Shang Hai Zheng Quan Bao·2025-08-24 17:45Core Viewpoint - Shanghai Rural Commercial Bank has celebrated its 20th anniversary since its transformation into a modern commercial bank, evolving from a rural credit cooperative to a listed bank with assets exceeding 1.5 trillion yuan, while maintaining its commitment to inclusive finance and serving the agricultural sector [2][3]. Group 1: Historical Development - The bank's roots trace back to 1949 with the establishment of the first rural credit cooperative in Shanghai, which laid the foundation for its mission to serve the agricultural community [3]. - In 2005, Shanghai Rural Commercial Bank became the first provincial-level joint-stock commercial bank established on the basis of rural credit cooperatives [3]. - The bank has continuously expanded its services to cover rural areas, achieving recognition for 282 credit villages and 10 credit towns by the first quarter of 2025 [3][4]. Group 2: Inclusive Finance Strategy - The bank has established a dense network of nearly 360 branches, ensuring coverage of over 1,500 administrative villages in Shanghai's suburban areas [4]. - Since 2019, the bank has committed to the mission of "Inclusive Finance to Enhance People's Quality of Life," focusing on small and micro enterprises with a loan balance exceeding 88 billion yuan and serving over 50,000 clients by the first quarter of 2025 [4][6]. - The bank has developed a progressive financial service model for small businesses, emphasizing a sustainable lending mechanism [4][6]. Group 3: Technological and Innovative Development - The bank has prioritized technology finance as a key area, aligning with national strategies to promote innovation and economic development [6][7]. - Since 2009, the bank has been actively cultivating technology enterprises, providing loans to nearly 4,500 tech companies with a total loan amount exceeding 120 billion yuan by the first quarter of 2025 [8]. - The bank has created a collaborative ecosystem for technology finance, integrating resources from various sectors to support the growth of innovative companies [7][8]. Group 4: Community and Social Responsibility - The bank aims to become a service-oriented institution focused on creating value for customers, moving away from traditional product-centric models [9]. - It has launched the "Heart Garden" public service project, integrating financial and non-financial services to enhance community welfare [9][10]. - The bank emphasizes its role in social governance and community service, aligning its operations with national strategies and local development needs [10][11].