Core Viewpoint - In 2024, Guiyang Bank demonstrated resilience amidst challenges in the Chinese banking sector, achieving a total asset scale of over 700 billion yuan, a decrease in non-performing loan ratio, and a strong capital adequacy ratio, showcasing its financial robustness [1][2]. Group 1: Steady Growth - As of the end of 2024, Guiyang Bank's total assets reached 705.669 billion yuan, maintaining its position as the largest legal financial institution in Guizhou Province [2]. - The bank added 15.1 billion yuan in new loans during the year, with growth in manufacturing, green finance, and inclusive small and micro loans exceeding the overall average [2]. - Core liabilities (deposits) increased, with savings deposits surpassing 214.5 billion yuan, leading to a 10 basis point reduction in the deposit interest rate year-on-year, thereby strengthening profit margins [2]. Group 2: Risk Management - Guiyang Bank's non-performing loan ratio stood at 1.58%, a slight decrease of 0.01 percentage points from the beginning of the year, with improvements in overdue loan balances and overdue rates [4]. - The provision coverage ratio increased to 257.07%, up by 12.57 percentage points from the start of the year, indicating strong risk management capabilities [4]. - The bank's capital adequacy ratios were robust, with core Tier 1 capital adequacy ratio at 12.94%, Tier 1 capital adequacy ratio at 14.00%, and total capital adequacy ratio at 15.20%, all exceeding regulatory requirements [4]. Group 3: Transformation and Innovation - Guiyang Bank has focused on high-quality development of retail business, with total assets under management (AUM) reaching 271.96 billion yuan and a 12% growth in wealth clients and their AUM [6]. - The bank's "Five Major Articles" strategy has shown initial results, including significant support for technology enterprises and green finance initiatives [7]. - The bank's mobile banking users reached 5.94 million, with total transaction amounts exceeding 228.8 billion yuan during the year [7]. Group 4: Local Commitment - Over 90% of Guiyang Bank's loans were directed towards local projects, with loans in key areas exceeding 160 billion yuan and support for industrial loan growth at 16% [9]. - The bank has implemented measures to reduce interest rates for small and micro enterprises by over 45 basis points, with inclusive agricultural loans growing by 18.11% [10]. - Guiyang Bank's approach reflects a commitment to both large-scale projects and small-scale support, contributing to local economic development [10].