Core Viewpoint - Shanghai Pudong Development Bank (SPDB) Shanghai Branch has achieved significant milestones over its 32 years, focusing on compliance culture and serving the national strategy while contributing to Shanghai's development as an international financial center [3]. Group 1: Customer Engagement and Market Development - SPDB Shanghai Branch emphasizes targeted customer engagement, creating a specialized service ecosystem to cater to different customer segments [4]. - The branch has successfully launched the first batch of insurance asset management services in the gold market, enhancing efficiency and safety for insurance institutions [4]. - A new product, "省心存," was developed to address the needs of the futures market, resulting in a stable deposit balance exceeding 1 trillion yuan [4]. Group 2: Investment and Financial Support - The branch has invested 519 billion yuan in key national strategic areas, with a 14% increase year-on-year, supporting technology finance, inclusive finance, and regional development [7]. - Specific allocations include 29 billion yuan for technology finance, 8 billion yuan for inclusive finance, and 456 billion yuan for the Yangtze River Delta integration [7]. Group 3: Custody and Asset Management - SPDB Shanghai Branch's custody business has reached 5.6 trillion yuan, growing over 300 billion yuan since the beginning of the year, maintaining the top position in the Shanghai region [9]. - The branch has introduced innovative products, including the first floating rate fund and the first insurance gold custody service in the market [9]. Group 4: Discounting Services and Digital Transformation - The bank has established a robust ecosystem for bill discounting, serving 570 clients, a 25% increase, and has simplified processes for technology enterprises [10]. - The introduction of the "浦银e贴" online discounting product has enhanced efficiency, with 6.4 billion yuan processed through digital channels [10].

Core Viewpoint - The article highlights the transformation of Shanghai Pudong Development Bank (SPDB) as it embarks on a new path characterized by "digital intelligence" and innovative mechanisms, leading to a significant improvement in its financial performance and asset quality [1][2][3]. Digital Intelligence Strategy - SPDB's recent changes are primarily driven by the implementation of a "digital intelligence" strategy, which combines digitalization and intelligence to enhance operational efficiency and risk management [4][6]. - The bank has focused on building a robust digital infrastructure, digital products, digital operations, digital risk control, and a digital ecosystem, which has led to strategic breakthroughs across its five major business areas [6]. Mechanism Innovation - The bank's performance improvement is closely linked to breakthroughs in internal business mechanisms, which have facilitated better service delivery and operational efficiency [8][10]. - SPDB has established dedicated teams to enhance core customer service in corporate banking, breaking down departmental barriers and providing comprehensive, systematized services [10]. Corporate Banking Performance - SPDB's corporate banking segment has shown remarkable growth, with total corporate loans reaching 3.5 trillion yuan, an increase of 350.33 billion yuan, representing an 11.11% growth [12]. - The bank's corporate deposits also grew, reaching 3.54 trillion yuan, supported by innovative deposit products [12]. Risk Management and Asset Quality - The bank has emphasized risk management and asset quality, achieving the highest provision coverage ratio in nine years and the lowest non-performing loan (NPL) ratio in nearly a decade [14]. - Continuous improvement in asset quality is evident, with NPL balances declining for five consecutive years and a significant increase in cash recovery of non-performing assets [14]. Profit Distribution - SPDB's board has proposed a generous profit distribution plan for 2024, with a cash dividend of 4.1 yuan per 10 shares, totaling 12 billion yuan, resulting in a cash distribution ratio of 30.16% [14]. Future Outlook - The bank is poised to achieve a harmonious interaction between its digital intelligence strategy and business tactics, balancing revenue growth with asset quality while fulfilling its social, operational, and shareholder responsibilities [15].