Core Viewpoint - Jiujiang Bank's 2024 financial report shows a slight recovery in revenue and net profit, indicating a stabilization after previous declines, driven by leadership changes and deep reforms to address historical issues [2][10]. Financial Performance - In 2024, Jiujiang Bank reported revenue of 10.388 billion yuan and a net profit of 762 million yuan, reflecting year-on-year increases of 0.29% and 2.16% respectively [2][10]. - The bank's non-performing loan (NPL) ratio stood at 2.19% at the end of 2024, marking a near ten-year high, with overdue loans increasing by 47.4% year-on-year to 9.4 billion yuan [2][11]. - The net interest margin improved by 0.16 percentage points to 1.92%, contributing to a 10.64% increase in net interest income to 9.171 billion yuan [10]. Leadership Changes - The leadership transition involved the appointment of Zhou Shixin as chairman and Xiao Jing as president, both tasked with reforming the bank's operations amid rising asset risks and profitability challenges [2][5]. - Zhou Shixin has extensive experience in corporate banking, while Xiao Jing brings a strong technological background, aiming to integrate financial and technological strategies [6][12]. Strategic Focus - The bank's strategy for 2024 emphasizes local development, risk management, and compliance, with a focus on enhancing operational efficiency and customer service [7][8]. - Jiujiang Bank aims to reduce high-risk assets, with real estate loans decreasing by 9.1% year-on-year to 22.206 billion yuan, while increasing investments in lower-risk assets [8][10]. Digital Transformation - The bank is committed to digital transformation, establishing a leadership group for digital initiatives and implementing the "Jiu Yin Brain" AI platform across various operational scenarios [8][10]. - By the end of 2024, the bank had successfully deployed the AI platform in over 30 scenarios, serving more than 6,500 users [8]. Future Outlook - For 2025, Jiujiang Bank aims to expand its customer base and enhance its core competitiveness, building on the groundwork laid in 2024 [11][12]. - The bank's leadership is optimistic about the potential for recovery and growth through focused strategies in regional development and digitalization [12].