Core Viewpoint - Changsha Bank has demonstrated strong growth in asset scale and profitability, leveraging regional economic development and innovative financial services to enhance its competitive position in the market [1]. Group 1: Credit Investment Acceleration - In 2024, Changsha Bank's corporate loans increased by 561 billion, while retail loans rose by 47 billion, indicating a focus on corporate lending [3]. - The bank's loans in key sectors such as technology, green finance, and inclusive finance saw significant growth rates of 17.9%, 23.1%, and 15.9% respectively, reflecting its alignment with national policy [3]. - The county-level financial sector has become a highlight, with county loans growing by 18.7% and deposits by 14.5%, showcasing the bank's commitment to regional financial initiatives [4]. Group 2: Steady Profit Growth - In 2024, Changsha Bank achieved a revenue of 25.936 billion, a year-on-year increase of 4.57%, and a net profit of 7.827 billion, up 4.87% [7]. - The bank's non-interest income grew significantly, with net income from fees and commissions increasing by 53.08%, indicating successful implementation of its "light capital strategy" [7][8]. - Retail customer assets under management reached 455.208 billion, reflecting a growth of 13.75% year-on-year, highlighting the bank's focus on wealth management [7]. Group 3: Future Layout - Changsha Bank is advancing in retail, digital, and green finance, with personal deposits growing by 14.99% to 386.489 billion, and personal loans increasing by 2.57% [10]. - The bank has launched innovative products such as the "VISA card rapid issuance" service and has received multiple awards for its contributions to credit card business [11]. - In green finance, the bank's green loan balance reached 52.829 billion, growing by 23.14%, and it successfully issued green bonds worth 5 billion [13].

Core Viewpoint - Changsha Bank's 2024 performance report highlights a focus on high-quality development and strategic goals, with significant growth in assets, revenue, and profits [1] Financial Performance - As of the end of 2024, total assets reached 1,146.748 billion yuan, an increase of 126.715 billion yuan, or 12.42% year-on-year [1] - Operating income was 25.936 billion yuan, up 4.57% year-on-year [1] - Total profit was 9.424 billion yuan, a slight increase of 0.39% year-on-year [1] - Net profit attributable to shareholders was 7.827 billion yuan, growing by 4.87% year-on-year [1] Scale and Efficiency - Total loans and advances amounted to 545.109 billion yuan, increasing by 56.718 billion yuan, or 11.61% year-on-year [2] - Total deposits reached 722.975 billion yuan, up 64.118 billion yuan, or 9.73% year-on-year [2] - Non-performing loan ratio stood at 1.18%, with a provision coverage ratio of 309.82%, indicating strong risk management [2] Sector-Specific Financial Initiatives - Technology finance loans reached 44.498 billion yuan, increasing by 6.761 billion yuan, or 17.92% [3] - Green finance loans totaled 52.829 billion yuan, up 9.926 billion yuan, or 23.14% [4] - Inclusive finance for small and micro enterprises reached 68.283 billion yuan, increasing by 9.373 billion yuan, or 15.91% [4] - The number of inclusive small and micro enterprise loan accounts rose to 73,626, an increase of 953 accounts [4] Strategic Focus and Growth - County-level deposits reached 234.174 billion yuan, increasing by 29.6 billion yuan, or 14.47% [5] - County-level loans totaled 201.372 billion yuan, up 31.672 billion yuan, or 18.66% [5] - The bank supported 165 key projects with new credit funding of 21.14 billion yuan [5] - Retail customer base surpassed 18.44 million, with personal deposits of 386.489 billion yuan, an increase of 50.396 billion yuan, or 14.99% [5] - Wealth management assets under management reached 455.208 billion yuan, with a 12.30% growth in wealth clients [5]