Core Viewpoint - Nanjing Bank has seen significant shareholding increases from major shareholders, indicating confidence in the bank's future growth and value appreciation [2][3]. Shareholding Changes - Nanjing Gaoke Co., Ltd. increased its stake in Nanjing Bank from 9.00% to 9.99% by acquiring approximately 123 million shares between August 7 and September 18 [2]. - This follows a previous increase from 8.94% to 9.00% on August 4 [2]. - Other major shareholders, including Jiangsu Transportation Holding Co., Ltd. and Zijin Group, have also increased their holdings in recent months, reflecting a trend of increasing confidence among investors [3]. Financial Performance - For the first half of 2025, Nanjing Bank reported a revenue of 28.5 billion yuan, an increase of 8.64% year-on-year, and a net profit of 12.6 billion yuan, up 8.84% [6]. - As of June 30, total assets reached 2.9 trillion yuan, a nearly 12% increase from the previous year [6]. - The bank's deposit and loan scales were 1.64 trillion yuan and 1.38 trillion yuan, respectively, with growth rates of 9.98% and 10.41% [6]. Asset Quality - Nanjing Bank's non-performing loan (NPL) ratio stood at 0.84% as of June 30, with a provision coverage ratio of 311.65% [7]. Consumer Loan Growth - The bank's consumer loan business has experienced explosive growth, with the balance increasing from 94.5 billion yuan in 2020 to 203.8 billion yuan in 2024 [9]. - As of June 30, the consumer loan balance was 207.3 billion yuan, although growth has slowed [9]. - The acquisition of Suning Consumer Finance, now known as Nanjing Bank's consumer finance subsidiary, has significantly boosted the bank's consumer finance operations, with a loan balance of 50.8 billion yuan by the end of 2024, reflecting a growth rate of 63.32% [9].