Core Viewpoint - The article highlights the launch of a financial service initiative by Bank of Communications aimed at supporting small and micro enterprises, particularly in the technology sector, through a digital loan application process. Group 1: Company Initiatives - Bank of Communications has introduced the "Code Scan" initiative to facilitate financing for small and micro enterprises, allowing them to apply for loans online with a maximum limit of 30 million yuan [8][10]. - The bank has developed a dedicated product line called "Science and Technology Easy Loan" specifically for technology-oriented small and micro enterprises [10]. Group 2: Market Context - The initiative addresses the common financing difficulties faced by small and micro enterprises, which often struggle with low revenue and lack of collateral [5][6]. - The bank's efforts include engaging with high-tech parks across the country to promote the "Code Scan" program, aiming to bridge the financial service gap for these businesses [9]. Group 3: Impact on Entrepreneurs - The program has already helped some startups overcome financial challenges, enabling them to continue their operations and innovations [7]. - The digital application process is designed to enhance efficiency, allowing businesses to access funds quickly without the need for extensive paperwork [12][15].

Core Insights - The core viewpoint of the article emphasizes the resilience and steady growth of Bank of Communications in the first half of 2025, showcasing its robust financial performance amidst a challenging economic environment [1][2][4]. Financial Performance - In the first half of 2025, the bank achieved an operating income of 133.368 billion yuan, a year-on-year increase of 0.77%, and a net profit attributable to shareholders of 46.016 billion yuan, up 1.61% [2][3]. - The total assets reached 15.44 trillion yuan, reflecting a growth of 3.59% compared to the end of the previous year [2][3]. - The non-performing loan ratio decreased to 1.28%, while the provision coverage ratio increased to 209.56%, indicating improved asset quality [3][4]. Shareholder Returns - The bank proposed a cash dividend of 13.811 billion yuan, representing 30% of its net profit, continuing its tradition of stable shareholder returns [3][4]. Strategic Focus - The bank is focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, which are seen as critical for its transformation and growth [6][8]. - In technology finance, the bank's loan balance exceeded 1.5 trillion yuan, with a significant increase in loans to technology-oriented SMEs [6][8]. - Green finance initiatives included a loan balance for energy-saving and carbon-reduction industries growing by 6.58%, and the issuance of green financial bonds totaling 145 billion yuan [6][7]. Retail and Customer Engagement - The bank has expanded its retail customer base to 202 million, with a 1.30% increase from the previous year, and a notable rise in active mobile banking users [2][3]. - Inclusive finance efforts led to a loan balance of 852.401 billion yuan, reflecting a growth of 12.96%, with specific products aimed at small and micro enterprises [7][8]. Digital Transformation - The bank is advancing its digital transformation through the establishment of a digital operation center and the implementation of an AI framework to enhance service efficiency [9][10]. - The digital economy loan balance surpassed 286 billion yuan, with internet loans increasing by 8.52% [7][10]. Regional and Global Strategy - The bank is leveraging its Shanghai headquarters to enhance its role in the international financial center, with significant participation in local financial market projects [9][10]. - It has established partnerships with numerous major projects in Shanghai, enhancing its competitive position in the region [9][10].

Core Viewpoint - The Bank of Communications reported a solid performance for the first half of 2025, emphasizing its role in supporting the real economy and aligning with national strategies, achieving stable growth in key financial metrics [2][10]. Financial Performance - Total assets reached 15.44 trillion yuan, a year-on-year increase of 3.59% [2]. - Operating income was 133.37 billion yuan, with a net profit attributable to shareholders of 46.02 billion yuan, reflecting year-on-year growth of 0.77% and 1.61% respectively [2]. Loan Growth and Support for the Real Economy - Customer loan balance reached 9 trillion yuan, up 443.4 billion yuan from the previous year, marking a growth rate of 5.18% [3]. - Corporate loans increased by 365.4 billion yuan, with a growth rate of 6.30%, and personal loans also saw significant growth [3][7]. Regional Loan Performance - Loans in the Yangtze River Delta region grew by 6.9%, accounting for nearly 30% of total loans, with significant growth in corporate credit [4]. Innovation and Digital Finance - The bank has been proactive in financial innovation, including the launch of various digital services and products, enhancing its digital finance capabilities [5][8]. - The balance of loans in the digital economy core industry exceeded 286 billion yuan, with internet loans growing by 8.52% [8]. Focus on Key Areas - The bank has increased support for strategic sectors such as manufacturing, small and micro enterprises, and green finance, with notable growth in relevant loan categories [6][7]. - The balance of green finance loans grew by 6.58%, and the bank issued 145 billion yuan in green financial bonds [6]. Customer Base and Capital Strength - The bank's customer base expanded, with a total of 2.95 million corporate clients and 202 million retail clients, reflecting growth rates of 3.75% and 1.30% respectively [10]. - The bank raised 120 billion yuan through the issuance of new shares, enhancing its core capital and operational stability [10].

Core Viewpoint - The Bank of Communications reported a stable and positive performance in the first half of 2025, focusing on implementing national financial policies and enhancing service quality in various sectors [1][3]. Financial Performance - Total assets reached 15.44 trillion yuan, a year-on-year increase of 3.59% [3]. - Operating income was 133.368 billion yuan, and net profit attributable to shareholders was 46.016 billion yuan, reflecting year-on-year growth of 0.77% and 1.61% respectively [3]. Service to the Real Economy - The bank emphasized its role in supporting the real economy, with a customer loan balance of 9 trillion yuan, up 5.18% from the previous year [4]. - Technology loans exceeded 1.5 trillion yuan, with a notable increase in loans to small and medium-sized technology enterprises by 22.93% [4]. Green Finance Initiatives - The bank integrated green development into its business model, with a focus on sectors like steel, agriculture, and low-carbon industries [5]. - The balance of energy-saving and carbon-reduction loans grew by 6.58%, and the bank issued 145 billion yuan in green financial bonds [5]. Inclusive Finance Expansion - The bank enhanced support for small and micro enterprises, with inclusive loan balances reaching 852.401 billion yuan, a 12.96% increase [5]. Pension Finance Development - The bank aims to create a senior-friendly banking environment, with pension-related loans increasing by 21.39% [6]. Digital Finance Empowerment - A new digital operation center was established, with loans in the digital economy sector exceeding 286 billion yuan, reflecting an 8.52% increase [6]. Strategic Focus in Shanghai - The bank leveraged its Shanghai presence to support local financial market innovations, achieving significant transaction volumes in bond and swap markets [7][8]. Capital Strengthening - The bank raised 120 billion yuan through the issuance of 14.1 billion A-shares, enhancing its core capital and risk resilience [9]. Risk Management - The non-performing loan ratio was 1.28%, a decrease of 0.03 percentage points, while the provision coverage ratio increased to 209.56% [10].

Core Viewpoint - The Bank of Communications reported a stable and positive performance in the first half of 2025, with total assets reaching 15.44 trillion yuan, a 3.59% increase from the previous year, and net profit attributable to shareholders growing by 1.61% year-on-year [1] Group 1: Financial Performance - Total operating income for the first half of 2025 was 133.368 billion yuan, with a year-on-year growth of 0.77% [1] - The bank's total assets reached 15.44 trillion yuan, reflecting a growth of 3.59% compared to the end of the previous year [1] Group 2: Support for the Real Economy - The bank has focused on supporting major national strategies and key sectors, with customer loan balances reaching 9 trillion yuan, a 5.18% increase from the previous year [2] - Technology loans exceeded 1.5 trillion yuan, with the number of supported enterprises growing by 11.12% year-on-year [2] Group 3: Green Finance Initiatives - The bank has integrated green development into its business model, with energy-saving and carbon-reduction industry loans increasing by 6.58% [3] - A total of 145 billion yuan in green financial bonds has been issued within China [3] Group 4: Inclusive Finance Expansion - Inclusive loan balances reached 852.401 billion yuan, marking a 12.96% increase from the previous year [3] Group 5: Pension Finance Development - Loans in the pension industry grew by 21.39%, with significant increases in social security card and personal pension business scales [4] Group 6: Digital Finance Empowerment - The bank established a digital operation center, with loans in the digital economy core industries exceeding 286 billion yuan, and internet loans growing by 8.52% [4] Group 7: Capital Strengthening - The bank raised 120 billion yuan through the issuance of approximately 14.1 billion shares, enhancing its core tier one capital [7] - The number of corporate customers increased by 3.75%, reaching 2.95 million [7] Group 8: Risk Management - The non-performing loan ratio was 1.28%, a decrease of 0.03 percentage points from the previous year, while the provision coverage ratio increased by 7.62% to 209.56% [8] - The bank disposed of 37.83 billion yuan in non-performing loans, a year-on-year increase of 27.9% [8]

Core Viewpoint - The Bank of Communications reported a stable and improving performance in its 2025 semi-annual results, focusing on high-quality development and maintaining a balance between growth and safety [1] Group 1: Financial Performance - Total assets reached 15.44 trillion yuan, an increase of 3.59% compared to the end of the previous year [1] - Operating income for the period was 133.368 billion yuan, with a net profit attributable to shareholders of 46.016 billion yuan, reflecting year-on-year growth of 0.77% and 1.61% respectively [1] Group 2: Support for the Real Economy - The bank emphasized its role in supporting the real economy, with total customer loan balance reaching 9.00 trillion yuan, up 5.18% year-on-year [2] - Technology loans exceeded 1.5 trillion yuan, with the number of supported enterprises growing by 11.12%, and loans to technology SMEs increased by 22.93% [2] Group 3: Green Finance Initiatives - The bank integrated green development into its business model, with energy-saving and carbon-reduction industry loans growing by 6.58% year-on-year [3] - Cumulatively issued green financial bonds reached 145 billion yuan [3] Group 4: Inclusive Finance Expansion - Inclusive loan balance was 852.401 billion yuan, marking a year-on-year increase of 12.96% [3] Group 5: Pension Finance Development - Loans in the pension industry grew by 21.39% year-on-year, with significant increases in social security card and personal pension business scales [4] Group 6: Digital Finance Enhancements - The bank established a digital operation center, with loans in the digital economy core industry exceeding 286 billion yuan, and internet loans growing by 8.52% [4] Group 7: Strategic Focus in Shanghai - The bank leveraged its Shanghai base to support the city's development, achieving over 4.88 trillion yuan in "Bond Connect" transactions [5][6] Group 8: Capital Strengthening - The bank raised 120 billion yuan through the issuance of 14.1 billion shares, enhancing its core tier one capital [7] Group 9: Risk Management - The non-performing loan ratio was 1.28%, a decrease of 0.03 percentage points from the previous year, with a provision coverage ratio of 209.56%, up 7.62 percentage points [8]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03328） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列交通銀行股份有限公司於上海證券交易所網站刊登的《交通銀行股份有限 公司2025年半年度報告》，謹供參閱。 承董事會命 交通銀行股份有限公司 何兆斌 公司秘書 中國上海 2025年8月29日 於本公告發佈之日，本行董事為任德奇先生、張寶江先生、殷久勇先生、 周萬阜先生、常保升先生*、廖宜建先生*、陳紹宗先生*、穆國新先生*、 艾棟先生*、羅小鵬先生*、石磊先生 # 、張向東先生 # 、李曉慧女士 # 、馬駿先生 # 、 王天澤先生 # 及肖偉先生 # 。 * 非執行董事 # 獨立非執行董事 公司代码：601328 公司简称：交通银行 交通银行股份有限公司 2025 年半年度报告 1 重要提示 一、本行董事会、监事会及董事、监事、高级管理人员保证半 ...

Core Viewpoint - The Bank of Communications reported a net profit of RMB 46.016 billion for the first half of 2025, reflecting a year-on-year increase of 1.61% compared to RMB 45.287 billion in the same period of 2024 [1][4][10] Financial Summary - Net interest income for the first half of 2025 was RMB 85.247 billion, up 1.20% from RMB 84.234 billion in the first half of 2024 [3][4] - Total operating income reached RMB 133.368 billion, a slight increase of 0.77% from RMB 132.347 billion in the previous year [4][10] - The total assets of the group at the end of June 2025 amounted to RMB 15,435.405 billion, representing a 3.59% increase from RMB 14,900.717 billion at the end of June 2024 [3][10] - Customer loans reached RMB 8,998.499 billion, an increase of 5.18% from RMB 8,555.122 billion at the end of June 2024 [3][10] - Customer deposits totaled RMB 9,171.358 billion, up 4.22% from RMB 8,800.335 billion in the previous year [3][10] Profitability Metrics - The annualized return on average assets was 0.61%, down from 0.65% in the previous year [3][4] - The annualized weighted average return on equity was 9.16%, slightly down from 9.29% [3][4] - The net interest margin decreased to 1.21% from 1.29% year-on-year [3][4] Risk Management - The non-performing loan ratio was 1.28%, a decrease of 0.03 percentage points from the previous year [3][4] - The provision coverage ratio increased to 209.56%, up 7.62 percentage points from the previous year [3][4] Dividend Distribution - The bank proposed a cash dividend distribution of RMB 138.11 billion, amounting to RMB 1.56 per 10 shares, based on the total issued shares of 88.364 billion [1][4]

Core Viewpoint - The Bank of Communications reported a stable and positive performance in the first half of 2025, with total assets reaching 15.44 trillion yuan, a year-on-year increase of 3.59%, and net profit attributable to shareholders growing by 1.61% to 46.016 billion yuan [1] Group 1: Financial Performance - The bank achieved operating income of 133.368 billion yuan, reflecting a year-on-year growth of 0.77% [1] - The total customer loan balance reached 9 trillion yuan, increasing by 5.18% compared to the end of the previous year [2] Group 2: Service to the Real Economy - The bank focused on supporting major national strategies and key sectors, enhancing financial functions and service quality [2] - Technology loans exceeded 1.5 trillion yuan, with the number of supported enterprises growing by 11.12% [2] - Inclusive finance loans reached 852.401 billion yuan, marking a 12.96% increase from the previous year [3] Group 3: Green Finance Initiatives - The bank integrated green development concepts into its business processes, with energy-saving and carbon-reduction industry loans growing by 6.58% [3] - The bank issued 145 billion yuan in green financial bonds within China [3] Group 4: Digital Finance and Innovation - The establishment of a digital operation center aimed to enhance the financial business operation system, with digital economy loans exceeding 286 billion yuan [4] - Internet loans increased by 8.52% compared to the previous year [4] Group 5: Capital Strength and Customer Base - The bank raised 120 billion yuan through the issuance of approximately 14.1 billion shares, enhancing its core tier one capital [7] - The number of corporate customers increased by 3.75% to 2.95 million [7] Group 6: Risk Management - The non-performing loan ratio stood at 1.28%, a decrease of 0.03 percentage points from the previous year [8] - The provision coverage ratio improved to 209.56%, an increase of 7.62 percentage points [8]

Group 1 - The third China International Supply Chain Promotion Expo, themed "Linking the World, Creating the Future," was held on July 16 in Beijing, focusing on six key areas: advanced manufacturing chain, smart automotive chain, green agriculture chain, clean energy chain, digital technology chain, and health living chain [1] - Bank of Communications participated as an "official partner," showcasing its innovative achievements and practical experiences in supply chain financial services, aiming to explore new concepts and pathways for international cooperation in supply chains with global enterprises [1] - The Beijing branch of Bank of Communications is committed to addressing the financing challenges faced by small and micro enterprises in the supply chain, continuously optimizing inclusive financial product offerings, and developing service brands such as "Jiaoyin Exhibition Business Pass" and "Jiaoyin Benefit Agriculture Pass" [1] Group 2 - To implement the national rural revitalization strategy, the Beijing branch of Bank of Communications focuses on key areas such as food security, agricultural product supply, agricultural industrial chains, green agriculture chains, and rural infrastructure construction [2] - The bank has developed a supply chain financial service model that connects core enterprises with agricultural small and micro enterprises, providing efficient, collateral-free financing support to promote effective production and sales connections [2] - The bank has also introduced the "Jiaoyin Park Loan" product to support strategic emerging industries and startups, offering comprehensive financial services throughout the entire lifecycle of enterprises in designated innovation zones [2] Group 3 - The future focus of the Beijing branch of Bank of Communications will be on enhancing the inclusive financial service system for supply chain customers, continuously optimizing supply-side structural reforms, and improving the quality and efficiency of services to the real economy [3] - The bank aims to meet the diverse financial needs of the public and contribute to building a safer, more stable, healthier, and more efficient supply chain [3]