Zheng Quan Ri Bao·2025-08-30 02:45Core Viewpoint - China Bank reported a solid performance in the first half of 2025, focusing on shareholder returns and strategic goals amidst a challenging low-interest environment [2][3] Group 1: Shareholder Returns - Since its reform and listing, China Bank has distributed over 940 billion yuan in dividends, maintaining a high payout ratio of 30% since 2015 [3] - For the first half of 2025, the bank plans to distribute a cash dividend of 1.094 yuan per share, totaling 35.25 billion yuan [3] - The bank's revenue grew by 3.61% year-on-year, indicating a strong performance relative to other state-owned banks [3] Group 2: Operational Strategy - The bank aims to improve its asset-liability structure and increase non-interest income in response to the domestic low-interest environment [4] - Key operational strategies include enhancing global competitiveness, maintaining net interest income, and optimizing customer and business structures [4] - The bank emphasizes the importance of technology and data-driven services to improve operational efficiency [4] Group 3: Industry Focus - China Bank is focusing on key industries such as new energy vehicles and photovoltaics, adjusting credit policies to support quality capacity while controlling excess capacity [5] - The bank supports market-driven mergers and acquisitions within these industries to enhance concentration among leading enterprises [5] - The bank's credit business in key industries remains stable, with a focus on risk management and identifying business opportunities in industry consolidation [5] Group 4: Revenue Generation - In the first half of 2025, China Bank achieved non-interest income of 114.6 billion yuan, with net fee income contributing 46.8 billion yuan [6] - The bank plans to enhance its wealth management services and capitalize on the recovering capital market to boost overall revenue [6] - The bank is also focusing on improving transaction banking services to meet growing demand for account management and settlement [6] Group 5: Financial Market Operations - China Bank is leveraging opportunities from the internationalization of the renminbi and enhancing its offshore RMB product offerings [7] - The bank aims to provide comprehensive risk management and cross-border financing services while balancing risk and return in a volatile market [7]