XIANMEN BANK(SH:601187) 2 1 Shi Ji Jing Ji Bao Dao·2025-08-29 08:30Core Viewpoint - Xiamen Bank demonstrated strong resilience and improved operational performance in the first half of 2025, achieving steady growth in scale indicators and maintaining good asset quality despite a complex economic environment [1][2]. Financial Performance - As of June 30, 2025, Xiamen Bank's total assets reached 434 billion yuan, a 6.43% increase from the end of the previous year; total loans and advances amounted to 220.91 billion yuan, up 7.52% [1] - The bank's net profit for the first half of the year was 1.216 billion yuan, with operating income of 2.689 billion yuan, reflecting a 21.45% quarter-on-quarter increase in the second quarter [1] - The net interest margin improved by 4 basis points quarter-on-quarter, with net interest income's year-on-year decline narrowing from 4.63% in Q1 to 0.47% in Q2 [1] Asset Quality - The non-performing loan ratio stood at 0.83%, remaining below 1%, with a provision coverage ratio of 321.67%, indicating strong risk mitigation capabilities [2]. Business Focus Areas - The bank is committed to supporting the real economy, with corporate loans and advances (excluding bill discounting) reaching 143.096 billion yuan, a 17.21% increase year-on-year [3] - Inclusive finance initiatives have been strengthened, with new loan rates for small and micro enterprises decreasing by 0.32 percentage points since the beginning of the year, and over 4900 small and private enterprises supported through loans exceeding 48 billion yuan [3] - Green finance has seen significant growth, with green credit balances reaching 16.936 billion yuan, a 29.58% increase year-on-year, and the number of green credit clients growing by 10.7% [3] Technological and Rural Development Initiatives - The bank has increased support for high-tech and strategic emerging industries, with loans in these sectors growing over 50% year-on-year [4] - Efforts to promote rural revitalization include establishing a financial service leadership group and supporting geographical indication industries, with related loan balances increasing by over 50 million yuan [4] Retail Business Transformation - Xiamen Bank's retail customer base grew to 2.7719 million, with effective customers increasing by 11.66% year-on-year, indicating improved customer quality [5] - Retail financial assets reached 118.164 billion yuan, an 8.40% increase, with retail deposits surpassing 90 billion yuan, reflecting a 12.23% growth [6] - Digital service transformation is progressing, with a 6.03% increase in mobile banking customers and a high success rate in intelligent customer service [6] Network and Channel Development - The bank has optimized its branch layout and completed the renovation of 123 branches to enhance service quality, with a focus on covering potential areas and increasing density in key regions [7] - Plans for the second half of 2025 include deepening regional economic engagement and optimizing business layout while ensuring compliance and risk management [7]