Core Insights - The company reported a slight increase in revenue for the first half of 2025, with operating income reaching 427.09 billion yuan, up 1.6% year-on-year, while net profit attributable to shareholders decreased by 1.4% to 168.10 billion yuan [1] - The non-performing loan ratio remained stable at 1.33%, with a provision coverage ratio of 217.71%, indicating strong risk management capabilities [3] Financial Performance - The company achieved net interest income of 313.58 billion yuan, a minor decline of 0.1% year-on-year, with an annualized net interest margin of 1.30%, down 13 basis points [2] - Fee and commission income slightly decreased by 0.6% to 67.02 billion yuan, but the decline was less severe compared to previous periods, with significant growth in corporate wealth management and asset custody services [2] - Other non-interest income increased by 18.8% to 46.50 billion yuan, driven primarily by a 52.0% rise in investment income to 32.88 billion yuan [2] Asset Quality and Risk Management - The company maintained a stable asset quality, with a non-performing loan ratio of 1.33% and a decrease in the non-performing loan ratio for corporate loans to 1.47% [3] - The company proactively managed risks, with a credit impairment loss provision of 104.01 billion yuan, reflecting a 2.2% increase year-on-year [3] Future Outlook - The company aims to deepen its transformation while supporting the real economy, with projected revenues of 822.62 billion yuan, 834.94 billion yuan, and 865.79 billion yuan for 2025-2027 [3] - Expected net profits for the same period are forecasted at 362.15 billion yuan, 367.93 billion yuan, and 383.45 billion yuan, with a projected PB valuation of 0.67, 0.61, and 0.56 times [3]

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份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。 中國工商銀行股份有限公司 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED （於中華人民共和國註冊成立的股份有限公司） 股份代號：1398 美元優先股股份代號：4620 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條而做出。 公司简介 茲載列本行在上海證券交易所網站刊登的本行根據中國會計準則編製的2025半年度報 告，僅供參閱。 特此公告。 中國工商銀行股份有限公司 董事會 中國，北京 2025年8月29日 於本公告刊發日期，董事會成員包括執行董事廖林先生、劉珺先生和王景武先生；非執行董事盧永真先生、 曹利群女士、董陽先生和鐘蔓桃女士；獨立非執行董事陳德霖先生、赫伯特•沃特先生、莫里•洪恩先生、 陳關亭先生和李偉平先生。 中国工商银行股份有限公司 （股票代码：601398） 2025 半年度报告 中国工商银行成立于 1984 年 ...

Core Viewpoint - Zhangjiagang Rural Commercial Bank has achieved a significant milestone in its corporate wealth management business, with the balance of corporate financial products exceeding 5 billion yuan, marking a year-to-date growth of 1.236 billion yuan, or 33% [1] Group 1: Financial Performance - As of the end of July, the bank's corporate financial product balance reached 5.013 billion yuan, reflecting a substantial increase from the beginning of the year [1] - The bank's wealth management business faced challenges due to fluctuating bond yields and declining asset returns, leading to a bottleneck in growth [1] Group 2: Strategic Adjustments - The asset management department has proactively adjusted its strategies by introducing high-quality financial products and linking department personnel to institutional supervision to enhance product competitiveness and service support [1] - Regular assessments of corporate clients' financial needs are conducted, and collaborative marketing efforts are made with branch institutions to target new and key clients [1] Group 3: Marketing Success - In July, the asset management department collaborated with several institutions, successfully executing multiple corporate financial transactions, including 540 million yuan in self-managed financial products and 280 million yuan in agency-sold financial products, resulting in a net increase of over 600 million yuan in corporate financial product balance for the month [1] Group 4: Future Outlook - Zhangjiagang Rural Commercial Bank aims to optimize its wealth management strategies and develop its corporate wealth business through various measures, striving to provide comprehensive wealth enhancement solutions throughout the client lifecycle and to become a leading sustainable investment benchmark in the region [1]