Hua Xia Shi Bao·2025-09-02 03:17Core Viewpoint - Zhengzhou Bank has demonstrated strong financial performance in the first half of 2025, achieving significant growth in both revenue and net profit, amidst a challenging industry environment characterized by weak credit demand and narrowing net interest margins [1][5][6]. Financial Performance - As of June 30, 2025, Zhengzhou Bank's total assets reached 719.738 billion RMB, marking an 11.47% year-on-year increase [1][4]. - The bank reported operating income of 6.690 billion RMB, a 4.64% increase compared to the previous year, and a net profit of 1.627 billion RMB, reflecting a 2.1% growth [1][5]. - The bank's retail business income reached a record high of 1.236 billion RMB, up 3.56% year-on-year [6]. Loan and Asset Quality - Zhengzhou Bank's personal consumption loan balance was 20.695 billion RMB, with a year-to-date increase of 3.55 billion RMB, representing a growth rate of 20.72% [6]. - The non-performing loan (NPL) ratio for personal consumption loans stood at 0.67%, significantly lower than the industry average and down from 1.81% a year earlier [8][9]. - The overall NPL ratio for the bank was 1.76%, with a provision coverage ratio of 179.20% as of June 30, 2025 [9]. Strategic Initiatives - The bank has implemented targeted financial support strategies for local enterprises, including customized financing solutions for struggling businesses [2]. - Zhengzhou Bank has focused on policy-driven innovation in financial services for technology and innovation enterprises, with a policy-based loan balance of 29.31 billion RMB, an increase of 5.25 billion RMB since the beginning of the year [2]. - The bank has also enhanced its inclusive finance initiatives, increasing agricultural loans to 48.094 billion RMB and supporting over 70,000 small and micro enterprises [3]. Cost Management and Efficiency - The bank achieved a reduction in business and management expenses to 1.468 billion RMB, a decrease of 6.82% year-on-year, reflecting effective cost management strategies [7]. - Zhengzhou Bank has emphasized digital transformation and operational efficiency improvements as part of its management strategy [7][9]. Future Outlook - Looking ahead, Zhengzhou Bank aims to deepen its transformation and optimize services to contribute to high-quality economic development in the region [10].