Core Viewpoint - The report highlights the financial performance and management changes at Bank of Communications, indicating a modest growth in assets and revenue, alongside significant personnel adjustments in its executive team [1][2]. Financial Performance - As of the end of June, Bank of Communications' total assets reached 15.44 trillion yuan, an increase of 3.59% compared to the end of the previous year [1]. - The bank achieved an operating income of 133.368 billion yuan in the first half of the year, reflecting a year-on-year growth of 0.7% [1]. - The bank's corporate financial business generated a total profit of 25.101 billion yuan, a year-on-year increase of 24%, accounting for 53.51% of total profits [4]. - The operating income from corporate financial business was 65.494 billion yuan, representing 48.43% of total revenue [4]. - The number of corporate clients served by domestic banking institutions reached 2.95 million, up 3.75% from the end of the previous year [4]. Management Changes - The bank announced the appointment of Tang Shuo as the new business director for corporate and institutional business, who is currently the head of the Beijing branch [2][3]. - Tang Shuo, born in 1978, will become the youngest executive at Bank of Communications upon approval of his appointment [3]. - The bank has seen a series of personnel adjustments, including the replacement of the Shanghai branch head and the promotion of several provincial branch vice presidents [1][5].