Core Viewpoint - Industrial Bank reported a net income from fees and commissions of 13.075 billion yuan in the first half of the year, showing a year-on-year growth of 2.59%, indicating a recovery trend and a relatively strong position compared to peers [1] Group 1: Financial Performance - The net income from fees and commissions reached 13.075 billion yuan, reflecting a 2.59% year-on-year increase [1] - The bank's performance is considered to be at a good level compared to the industry [1] Group 2: Strategic Focus - The bank's strategy for 2025 includes "strengthening two strengths and supplementing two weaknesses," with a focus on improving credit card and guarantee commitment income in the second half of the year [1] - Emphasis will be placed on key industries, enhancing product application scenarios, optimizing processes, and improving customer service quality [1] Group 3: Credit Card Business Transformation - The bank is undergoing a significant transformation from a lending model to a transaction model, which may temporarily impact the net interest margin this year [1] - Long-term sustainability of the new business model is anticipated [1] - Future efforts in the credit card sector will include upgrading product systems, managing customer benefits, stabilizing the customer base, enhancing the card usage ecosystem, and maximizing the value of existing customers [1]