Core Viewpoint - The financial performance of Jiaxing Rural Commercial Bank has shown a decline in both revenue and net profit for the first half of 2025, marking the first occurrence of simultaneous decreases in these metrics in the bank's history [2][4][7]. Financial Performance - As of June 30, 2025, the total assets of Jiaxing Rural Commercial Bank reached 70.538 billion yuan, representing a year-on-year growth of 2.36%, the lowest growth rate since 2013 [2]. - The total liabilities amounted to 65.806 billion yuan, with a year-on-year increase of 1.94% [2]. - The bank's revenue for the first half of 2025 was 686 million yuan, reflecting a decline of 9.11% compared to the previous year [2]. - Net profit stood at 211 million yuan, down 13.78% year-on-year [2]. Asset Quality - The report did not disclose specific asset quality data; however, the 2024 annual report indicated that the total loan balance was 48.008 billion yuan, with non-performing loans amounting to 440 million yuan, an increase of 109 million yuan year-on-year [4]. - The non-performing loan ratio was 0.92%, up 0.18 percentage points year-on-year [4]. Management and Governance - The bank was established in October 2013 and operates as a local legal financial institution with a total of 37 outlets, including 1 head office, 18 branches, and 18 sub-branches [4]. - The newly appointed chairman, Ye Dongfei, has been in office for one month and has a background in various banking roles [4]. Capital Changes - On the same day as the financial report, the National Financial Supervision Administration approved an increase in the bank's registered capital by 37 million yuan, raising it from 738 million yuan to 775 million yuan [7].