Zheng Quan Ri Bao Zhi Sheng·2025-08-30 03:41Core Viewpoint - Agricultural Bank of China reported steady growth in net profit and operating income for the first half of 2025, maintaining a positive outlook for the second half of the year amid a resilient macroeconomic environment [1][3]. Financial Performance - For the first half of 2025, Agricultural Bank achieved a net profit growth rate improvement and a further enhancement in main business income, indicating robust financial performance [3]. - As of June 30, 2025, the bank's A-shares and H-shares increased by 12.05% and 30.41% respectively compared to the end of the previous year, with a total market capitalization of 2.46 trillion yuan [1]. Dividend Distribution - The board of directors proposed a cash dividend of 1.195 yuan per 10 shares (including tax), totaling 41.823 billion yuan (including tax) for the first half of 2025 [1]. Business Strategy - The bank aims to balance scale and pricing, cost and revenue, as well as risk and profitability to ensure sustainable development [5]. - Agricultural Bank is actively promoting personal credit lending, with a personal loan balance of 93,074.26 billion yuan as of June 30, 2025, reflecting a 5.6% increase from the previous year [5]. Consumer Loan Initiatives - The bank has extended the maximum term for personal consumption loans from 5 years to 7 years and introduced various renewal tools to assist customers facing temporary difficulties [6]. - A dedicated task force has been established to implement the "dual interest subsidy" policy effectively, ensuring that national policies are accurately and efficiently transmitted to businesses [6]. Asset Quality Management - Agricultural Bank has maintained stable asset quality with a declining non-performing loan ratio, focusing on risk management in key areas such as real estate and local government debt [8]. - The bank is committed to supporting the real estate sector while managing risks through precise financial services and project management [7]. Urban Credit Business Transformation - Following the central urban work conference, Agricultural Bank is adjusting its credit strategy to support urban development, including financing for urban renewal and affordable housing projects [9].