Capital Adequacy and Business Performance - As of June 2025, the capital adequacy ratios are as follows: Core Tier 1 capital ratio at 9.31%, Tier 1 capital ratio at 10.85%, and total capital ratio at 13.26% [2] - The bank's corporate deposits reached CNY 2.3671 trillion, a 5.4% increase from the previous year, while corporate loans amounted to CNY 1.6825 trillion, up 4.7% [2] Loan Yield and Quality - The average loan yield for the first half of 2025 was 4.03%, a decrease of 76 basis points year-on-year; corporate loan yield was 3.14%, down 56 basis points; personal loan yield was 5.04%, down 86 basis points [2] - The non-performing loan (NPL) ratio for personal loans was 1.27%, a decrease of 0.12 percentage points from the previous year [5] Real Estate Loan Management - The NPL ratio for corporate real estate loans was 2.21%, an increase of 0.42 percentage points from the previous year, attributed to external market conditions [3] Retail Loan Strategy - Personal loan balance as of June 2025 was CNY 1.726 trillion, a decrease of 2.3%, with mortgage loans making up 64.3% of the total [4] - The bank is focusing on optimizing loan structures and enhancing risk management throughout the loan lifecycle [4] Wealth Management Performance - The bank had 1.48 million wealth clients, a 1.3% increase, with private banking clients at 300,000, up 3.2% [6] - Wealth management service trust balance increased by 16.3% to CNY 217.1 billion, while the sales of non-monetary public funds dropped by 38.3% [6] Future Directions - The bank aims to enhance financial services for the real economy, strengthen risk management, and deepen strategic transformation in the second half of 2025 [8]