Shang Hai Zheng Quan Bao·2026-03-30 22:54Core Viewpoint - The company reported a steady growth in revenue and net profit for the year 2025, with a focus on high-quality development and effective cost management [11][22]. Financial Performance - The company achieved operating revenue of 658.31 billion RMB, an increase of 28.22 billion RMB, or 4.48% year-on-year [11]. - Net profit reached 257.94 billion RMB, up by 5.22 billion RMB, or 2.06% year-on-year [11]. - The return on average total assets (ROA) was 0.70%, and the return on equity (ROE) was 8.94% [11]. Dividend Distribution - The board proposed a final cash dividend of 1.169 RMB per 10 shares (pre-tax) for the year-end 2025, pending shareholder approval [2]. - The total cash dividend for 2025, including the interim dividend, amounts to 2.263 RMB per 10 shares (pre-tax) [2]. Shareholder Information - As of December 31, 2025, the total number of ordinary shareholders was 641,594, including 483,689 A-share shareholders and 157,905 H-share shareholders [4]. - The top ten ordinary shareholders held significant stakes, with Central Huijin Investment Ltd. being the controlling shareholder [6][4]. Asset and Liability Management - Total assets reached 38.36 trillion RMB, an increase of 3.30 trillion RMB, or 9.40% year-on-year [22]. - Total liabilities amounted to 35.15 trillion RMB, up by 3.04 trillion RMB, or 9.47% year-on-year [22]. Loan and Deposit Growth - The total amount of loans and advances was 23.45 trillion RMB, increasing by 1.86 trillion RMB, or 8.61% year-on-year [24]. - Total deposits reached 26.18 trillion RMB, an increase of 1.98 trillion RMB, or 8.18% year-on-year [28]. Capital Management - The capital adequacy ratio stood at 18.85%, indicating a reasonable level of capital sufficiency [36]. - The company successfully raised 165 billion RMB through the issuance of A-shares and 70 billion RMB in perpetual bonds [36]. Future Outlook - The company aims to enhance its service quality and expand its financial offerings, focusing on technology finance, green finance, and inclusive finance [39][40]. - The expected growth rate for domestic RMB customer loans in 2026 is around 8% [39].