战略转型持续推进 客户经营质效逐步显现

Core Viewpoint - In the first half of the year, Minsheng Bank demonstrated steady growth in operating income while focusing on customer-centric strategies and sustainable development, despite a decline in net profit due to increased risk provisioning. Group 1: Financial Performance - Minsheng Bank achieved operating income of 72.4 billion yuan, a year-on-year increase of 7.83%, with both net interest income and non-interest income showing growth [1] - As of June 30, 2025, net interest income increased by 1.28% year-on-year, with a net interest margin of 1.39%, up by 1 basis point, indicating stabilization in a challenging industry environment [1] - The bank's net profit decreased by 4.87% year-on-year, primarily due to an increase in the risk provisioning ratio, with the coverage ratio rising by 3.12 percentage points since the beginning of the year [1] Group 2: Customer Strategy - The bank has adopted an integrated approach to managing large, medium, and small micro personal clients, enhancing customer acquisition and retention [2] - As of mid-year, the scale of strategic customer deposits and loans reached 1.2 trillion yuan and 1.5 trillion yuan respectively, showing significant traction [2] - The number of small and medium-sized enterprise loan clients increased by 15% year-to-date, with a continuous growth in credit balance for small and medium enterprises [2] Group 3: Product and Service Development - The bank's retail customer base grew by 3.9% year-on-year, with assets under management (AUM) increasing by 7.1% [2] - Technology-oriented enterprise clients grew by 7% year-to-date, with loan balances increasing by 5%, and green loans up by 10% [3] - The bank is focusing on stable and foundational strategic businesses such as supply chain financing, payment settlement, and mortgage services, which are crucial for long-term development [3] Group 4: Strategic Direction - The current performance reflects the gradual success of the bank's strategic transformation and commitment to serving the real economy while enhancing operational efficiency [3] - The bank aims to deepen customer engagement and promote high-quality, sustainable development without engaging in excessive competition [3]