Core Viewpoint - Ping An Bank's president Ji Guangheng stated that the most challenging times for the bank are behind, with positive trends emerging in key performance indicators during the first half of 2025 [3][9]. Group 1: Performance and Strategy - Ping An Bank reported a revenue of 69.385 billion yuan in the first half of 2025, a decrease of 10.0% year-on-year, and a net profit of 24.870 billion yuan, down 3.9% year-on-year, with the decline narrowing compared to the first quarter [4]. - The bank aims to maintain a relatively stable dividend ratio, with a mid-year dividend rate of 18%, consistent with the previous year [17][18]. - Ji Guangheng emphasized the bank's strategic focus on strengthening retail banking, refining corporate banking, and specializing in interbank operations [8][9]. Group 2: Retail and Corporate Banking - The risk structure of retail loans has significantly improved, with a notable turning point in non-performing loans [10][11]. - The bank plans to enhance its retail banking features, focusing on customer needs and upgrading its brand to "Buy Wealth Management, Find Ping An" [14][15]. - Corporate banking strategy remains focused on precision, with a strong emphasis on six industries and products, achieving double-digit growth in most areas except real estate [12][13]. Group 3: Interest Margin and Capital Planning - The net interest margin is currently at 1.8%, with expectations to maintain a competitive position among joint-stock banks [16]. - The bank has no plans for external capital replenishment at this time, relying on internal accumulation to support business development [18]. Group 4: Contribution to Shenzhen - Ping An Bank expressed gratitude for the 45th anniversary of Shenzhen Special Economic Zone, highlighting its role as a key participant and beneficiary of Shenzhen's development [19].

Core Viewpoint - Ping An Bank's president Ji Guangheng expressed optimism that the most challenging times for the bank are behind, highlighting positive trends in key performance indicators for the first half of 2025 [6][12]. Group 1: Performance and Strategy - In the first half of 2025, Ping An Bank reported operating income of 69.385 billion yuan, a year-on-year decrease of 10.0%, and net profit of 24.870 billion yuan, down 3.9%, with the decline rate narrowing compared to the first quarter [8]. - The bank aims to maintain a relatively stable dividend ratio, with a mid-year dividend rate of 18%, consistent with the previous year [22][24]. - Ji Guangheng emphasized the bank's strategic focus on strengthening retail banking and refining corporate banking, aiming for balanced growth [12][13]. Group 2: Retail Banking Developments - The risk structure of retail loans has significantly improved, with a notable turning point in non-performing loans [14][15]. - The bank plans to enhance its retail banking features, focusing on customer needs and upgrading its brand to "Buy Wealth Management, Find Ping An" [19][20]. - The number of self-operated channel personnel has increased to 1,100, contributing to a rapid rise in productivity [16]. Group 3: Corporate Banking Insights - The corporate banking strategy focuses on precision in industry, client, and product management, with a strong emphasis on strategic customer relationships [17]. - In the first half of the year, the number of strategic customers reached 239, with asset balances exceeding 350 billion yuan, reflecting double-digit growth [17]. Group 4: Interest Margin Outlook - The net interest margin is currently at 1.8%, with expectations for stabilization and potential recovery in the coming years [21]. - The bank aims to maintain a competitive position among joint-stock banks, targeting a margin that is 30-40 basis points above the industry average [21]. Group 5: Contribution to Shenzhen - Ping An Bank acknowledges its roots in Shenzhen and its role in the city's development, expressing commitment to leveraging its headquarters' advantages for further contributions to Shenzhen and the Greater Bay Area [25][26].