Financial Data and Key Indicator Changes - Total assets reached TWD 52 trillion, with loans exceeding TWD 30 trillion, an increase of TWD 1.8 trillion, and customer deposits nearly TWD 37 trillion, up by TWD 2.1 trillion [4] - Operating income was TWD 409.1 billion, up by 1.8% [4] - Net profit reached TWD 168.8 billion, maintaining a leading position [5] - Return on Assets (ROA) and Return on Equity (ROE) were 0.67% and 8.82% respectively, with a cost-to-income ratio of 25.27% [5] - Net Interest Margin (NIM) was 1.3%, a decrease, while the Capital Adequacy Ratio (CAR) was 19.54% [6] Business Line Data and Key Indicator Changes - Corporate loans increased by TWD 1.35 trillion, with personal loans maintaining rapid growth [8] - SciTech loans totaled TWD 6 trillion, up by 20%, while green loans exceeded TWD 6 trillion, up by 16.4% [8] - Pension finance loans increased by 17.3%, with over 2 million customers [9] - Loans invested in the manufacturing industry totaled TWD 200 billion, with long-term loans at TWD 2.4 trillion [9] Market Data and Key Indicator Changes - The number of personal customers in mobile banking and users in e-commerce continues to lead the market [9] - The international network reached 69 countries and regions, with over 400 overseas institutions [13] - Cross-border RMB business totaled TWD 5.1 trillion [12] Company Strategy and Development Direction - The company focuses on five transformations: intelligent risk control, modern layout, digital driver, diversified structure, and ecological foundation [3][10] - The strategy emphasizes high-quality development while supporting the economy's recovery [4] - The company aims to enhance its internationalization and diversification to tackle low NIM environments [35] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of balancing growth with stability, aiming for average growth rather than excess [25][31] - The outlook for the second half of the year anticipates continued pressure on NIM, but with a narrowing pace of decline [64] - The company remains confident in its ability to maintain stable NIM and support the real economy [64] Other Important Information - The company distributed TWD 109.8 billion in cash dividends, with a dividend yield of approximately 4.25-4.58% [7][32] - The provision coverage ratio increased to 217.71%, enhancing risk resilience [6][29] Q&A Session Summary Question: Operational highlights in the first half and full year growth expectations - Management emphasized achieving positive growth in operating income and net profit, aligning with market trends and supporting the real economy [24][26] Question: Measures taken to maintain asset quality and increase personal consumption loans - Management detailed proactive credit risk management and a focus on major national strategies to ensure stable development [38][39] Question: Progress in internationalization and diversification - The company reported steady progress in its international network and diversification efforts, supporting foreign trade and capital [48][50] Question: Outlook on NIM stability - Management acknowledged a decline in NIM but expressed confidence in maintaining competitive advantages through effective asset-liability management [59][64] Question: Investment and financing sectors - The company highlighted targeted investments in technology finance and support for new productive forces, maintaining a leading position in the market [70][72] Question: Capital planning and future dividend policy - Management confirmed a focus on maintaining a strong capital adequacy ratio and a stable dividend payout ratio, with plans for future capital improvements [88][91]

Financial Data and Key Indicator Changes - Total assets reached TWD 52 trillion, with loans exceeding TWD 30 trillion, an increase of TWD 1.8 trillion, and customer deposits nearly TWD 37 trillion, up by TWD 2.1 trillion [4] - Operating income was TWD 409.1 billion, up by 1.8% [4] - Net profit reached TWD 168.8 billion, maintaining a leading position [5] - Return on Assets (ROA) and Return on Equity (ROE) were 0.67% and 8.82% respectively, with a cost-to-income ratio of 25.27% [5] - Non-Performing Loan (NPL) ratio was 1.33%, with a provision coverage ratio of 217.71%, indicating stable asset quality [6][30] Business Line Data and Key Indicator Changes - Corporate loans increased by TWD 1.35 trillion, with personal loans maintaining rapid growth [8] - SciTech loans totaled TWD 6 trillion, up by 20%, while green loans exceeded TWD 6 trillion, up by 16.4% [8] - Pension finance loans increased by 17.3%, with over 2 million customers [9] - Loans in the digital economy sector surpassed TWD 1 trillion, up by 19.3% [10] Market Data and Key Indicator Changes - The number of personal customers in mobile banking and users in e-commerce continued to lead the market [10] - The bank's international network reached 69 countries and regions, with over 400 overseas institutions [14] Company Strategy and Development Direction - The company focuses on five transformations: intelligent risk control, modern layout, digital driver, diversified structure, and ecological foundation [3][11] - Emphasis on supporting the real economy and aligning with national strategies [12][36] - Plans to enhance digital capabilities and optimize the diversified structure [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive growth amid uncertainties, with a focus on maintaining stability and supporting the real economy [24][30] - The outlook for NIM is cautious, expecting a continued downward trend but with a narrowing pace [66] - The company aims to create stable and sustainable value returns for shareholders through high-quality development [21][92] Other Important Information - The company distributed TWD 109.8 billion in cash dividends, with a dividend yield of approximately 4.25-4.58% [7][33] - The bank's capital adequacy ratio was 19.54%, ranking among the leaders in the industry [90] Q&A Session Summary Question: What are the operational highlights in the first half and the outlook for the full year? - Management highlighted that ICBC achieved positive growth in operating income and net profit, aligning with market trends and supporting the real economy [24][26] Question: What measures were taken to maintain asset quality? - Management detailed measures including optimizing investment and loans, improving the risk control system, and enhancing intelligent risk control [40][42] Question: How did ICBC advance internationalization and diversification? - The company reported steady progress in international operations, with a focus on serving foreign trade enterprises and enhancing competitiveness [51][55] Question: What is the outlook for NIM? - Management indicated that while NIM is expected to continue declining, the pace may moderate due to effective asset-liability management [66] Question: What are the achievements in supporting new quality productive forces? - The bank reported significant growth in technology finance and green finance, with targeted loans supporting strategic industries [71][76] Question: What is the capital planning and future dividend policy? - Management confirmed a focus on maintaining a strong capital adequacy ratio and a stable dividend payout ratio, with plans for continued high dividend payments [90][92]

Driving Robust Growth through Substantial Improvements in Quality Steadily Advancing High-Quality Development 2025 Interim Results Announcement China Construction Bank August 2025 | Beijing, Hong Kong Disclaimer The information contained herein contains certain forward-looking statements relating to the plans, beliefs, strategies and growth prospects of China Construction Bank Corporation ("CCB" or the "Bank"). These statements are based on different assumptions and are subject to various risks and uncertai ...

Group 1: Characteristics of Aging Society in China - The elderly population in China is substantial, with 217 million individuals aged 65 and above in 2023, projected to exceed 300 million by 2034 and 400 million by 2052, making China the largest elderly population country globally [2][3] - Urban-rural disparities in aging are evident, with rural areas experiencing faster and deeper aging, necessitating policies that promote integrated development and address the unique needs of the elderly in rural settings [3][4] - There is insufficient understanding of the health status of the elderly, with estimates indicating that 6.18 million elderly individuals are disabled, highlighting the need for better tracking and statistics to inform health industry development [4] Group 2: Feasible Paths for Pension Finance Development - China is gradually establishing a three-pillar pension framework, consisting of basic pension insurance, enterprise/occupational annuities, and personal pensions, which aligns with international practices [5][6] - The broad concept of pension finance in China includes pension financial services, financing for related industries, and financial services for various elderly needs, indicating a comprehensive approach to pension finance [5][6] Group 3: Recommendations for Financial Institutions - Financial institutions should enhance their understanding of the necessity of pension finance, as nearly 70% of urban residents believe in planning for retirement wealth early [15] - There is a need to develop a series of health-oriented financial products that cater to individual retirement planning, integrating various financial services to ensure stability and predictability for clients [16][18] - Institutions should leverage the bond market for innovative financing solutions, such as real estate investment trusts (REITs) and asset-backed securities (ABS), to support the long-term investment nature of pension finance [20]