45万亿建行新曲线：绿色、普惠、科技三轮驱动

Core Viewpoint - The article emphasizes that China Construction Bank (CCB) is focusing on high-quality development amidst a challenging industry environment, characterized by pressure on interest margins and a shift towards value-driven growth in the banking sector [3][17]. Financial Performance - For the first three quarters of 2025, CCB reported operating income of 573.7 billion yuan, a year-on-year increase of 0.82%, and net profit attributable to shareholders of 257.4 billion yuan, up 0.62% year-on-year [4][6]. - In Q3 2025, CCB achieved a net profit of 95.3 billion yuan, reflecting a significant year-on-year growth of 4.19%, indicating a positive trend in profitability [5][6]. Revenue Structure - Non-interest income reached 146.1 billion yuan, growing by 13.95% year-on-year, becoming a key driver of revenue growth [6]. - The net interest margin for the first three quarters was 1.36%, a decrease of 4 basis points from the previous half-year, primarily due to declining asset yields [6]. Asset Quality and Capital Strength - As of September 30, 2025, CCB's total assets amounted to 45.37 trillion yuan, an increase of 11.83% from the end of the previous year, with total loans and advances reaching 27.68 trillion yuan, up 7.1% [7][10]. - The non-performing loan (NPL) ratio stood at 1.32%, a slight decrease of 2 basis points, indicating stable asset quality [8][10]. - CCB's capital adequacy ratios remain strong, with a core Tier 1 capital ratio of 14.36% and a total capital ratio of 19.24%, positioning the bank favorably within the industry [10][18]. Strategic Initiatives - CCB is actively pursuing digital transformation and strategic breakthroughs in areas such as green finance and inclusive finance, with green loan balances increasing by 18.38% year-to-date [12][13]. - The bank has also made significant strides in supporting small and micro enterprises, with loans in this segment exceeding 3.8 trillion yuan [13][18]. Future Outlook - CCB plans to continue enhancing its "retail + inclusive + green" collaborative development strategy, leveraging digital transformation to optimize its asset-liability structure and improve risk pricing capabilities [19].