BOB(SH:601169) Hua Xia Shi Bao·2025-09-06 06:56Core Viewpoint - Beijing Bank is entering a new phase of digital transformation, focusing on value creation and aiming to become a fully digital bank by 2025 [2][3]. Financial Performance - In the first half of the year, Beijing Bank achieved operating income of 36.218 billion yuan, a year-on-year increase of 1.02%; net profit attributable to shareholders was 15.053 billion yuan, up 1.12%; basic earnings per share reached 0.69 yuan, an increase of 1.47% [2]. - As of the end of June, total assets reached 4.75 trillion yuan, growing by 12.53% since the beginning of the year; total loans and advances amounted to 2.39 trillion yuan, an increase of 8.18% [4]. Interest Margin and Cost Control - The net interest margin and net interest spread were reported at 1.3% and 1.31%, respectively, both down by 18 and 16 basis points year-on-year [4]. - The bank is focusing on controlling liability costs to mitigate the pressure from declining asset yields and narrowing interest margins [5]. Risk Management and Asset Quality - As of June, the non-performing loan ratio was 1.3%, a slight decrease of 0.01 percentage points from the beginning of the year; the core Tier 1 capital adequacy ratio was 8.59% [5]. - The bank plans to enhance risk management by classifying potential risk clients and improving the recovery of non-performing assets [5]. Digital Transformation Initiatives - Beijing Bank is implementing an "All in AI" strategy, establishing an integrated AI system to support its digital transformation [7]. - The bank has developed over 300 AI applications across various business areas, enhancing risk control and asset management capabilities [7]. Support for Specialized Enterprises - As of June, the bank's technology finance loan balance reached 434.6 billion yuan, an increase of 70.3 billion yuan, with a growth rate of 19%; it serves over 26,000 specialized enterprises [8]. Future Plans - The bank aims to enhance its service efficiency through investment banking-driven methods and support technology enterprises with innovative financial products [9]. - The focus will be on long-term growth and maintaining strategic determination to achieve high-quality development [9].