城商行三十年|乌鲁木齐银行：天山脚下的金融坚守

Core Viewpoint - The article highlights the evolution and transformation of Urumqi Bank over 28 years, emphasizing its role as a significant regional financial institution in Xinjiang and the challenges it faces in its journey towards IPO and business innovation [1][11]. Group 1: Growth and Expansion - Urumqi Bank was established in December 1997, marking the beginning of a standardized development phase for Xinjiang's local financial system [2]. - The bank has expanded its operational footprint, now boasting 98 branches across Xinjiang, including 10 first-class management branches and 6 branches in other locations [2]. - As of June 2025, Urumqi Bank's total assets exceeded 240 billion yuan, with over 2,300 employees, establishing itself as a key player in the western region of China [2]. Group 2: Leadership Changes and Challenges - The bank has experienced frequent leadership changes since 2017, impacting its development rhythm, with notable figures including Ren Siyu and Wang Hui [3]. - Despite management turnover, the core strategy of "serving the local area and promoting IPO" has remained consistent [3]. Group 3: Financial Performance Fluctuations - Urumqi Bank's revenue fluctuated from 3.218 billion yuan in 2020 to 4.251 billion yuan in 2024, with year-on-year growth rates ranging from -4.03% to 22.94% [4]. - Net profit decreased from 1.19 billion yuan to 937 million yuan during the same period, with significant year-on-year variations [4]. - The bank's asset quality deteriorated in 2024, with the non-performing loan ratio rising from 0.92% in 2023 to 1.95% [6]. Group 4: IPO Efforts and Strategic Innovations - Urumqi Bank initiated its IPO process in 2017, becoming the first bank in Xinjiang to do so, but has faced challenges due to complex shareholding structures [8]. - The bank announced plans to establish a wealth management subsidiary in 2021, marking a significant step in its asset management business [9]. Group 5: Business Transformation and Future Outlook - Urumqi Bank is focusing on business transformation by ceasing high-risk personal internet consumer loans and concentrating on the real economy [10]. - As of mid-2025, the bank has issued various loans totaling 51.791 billion yuan, with significant investments in key projects and support for small and micro enterprises [10]. - The bank has introduced 28 innovative financial products and invested in technology to enhance its service capabilities [10].