Financial Performance - As of June 2025, the total assets of Lanzhou Bank reached 5097.42 billion CNY, marking a 4.82% increase from the beginning of the year, officially entering the medium-sized bank category [2] - The liquidity ratio stood at 72.61% as of June 2025, slightly improved from the end of 2024, reflecting a stable operational strategy [2] - The bank's deposit interest rate decreased by 25 basis points (BP) compared to the beginning of the year, and the cost of interest-bearing liabilities dropped by 27 BP [3] Support for Private Enterprises - Lanzhou Bank implemented a series of initiatives to support private enterprises, resulting in a loan balance of 745.17 billion CNY, with a net increase of 35.03 billion CNY (4.93%) since the beginning of the year [4] Capital Management - The bank plans to issue up to 20 billion CNY in subordinated debt within regulatory approval timelines to strengthen capital [5] - Cumulative dividends since listing reached 23.98 billion CNY, with an average cash dividend ratio of 33.49% [5] Asset Quality Management - As of June 2025, the non-performing loan (NPL) ratio was 1.81%, a slight decrease of 0.02 percentage points from the beginning of the year, with a provision coverage ratio of 207.89% [6] - The bank employs a comprehensive risk management strategy, including enhanced credit approval processes and advanced risk identification technologies [6] Green Finance Initiatives - By June 2025, Lanzhou Bank issued 3.16 billion CNY in carbon reduction loans, contributing to a reduction of 96,000 tons of CO2 equivalent [7] - The balance of green loans reached 165.59 billion CNY, with a net increase of 21.07 billion CNY (14.58%) since the beginning of the year [7] Strategic Development - The bank is advancing its "1363" strategic plan, focusing on becoming a respected boutique bank through customer development, retail transformation, and asset quality improvement [9] - The bank's asset scale surpassing 5000 billion CNY is seen as a significant milestone, enhancing its market position and service capabilities [9]

Core Viewpoint - Lanzhou Bank reported a slight increase in net profit and revenue for the first half of 2025, indicating stable growth amidst a challenging banking environment [1][3]. Financial Performance - The bank achieved an operating income of 3.921 billion yuan and a net profit attributable to shareholders of 952 million yuan, representing a year-on-year growth of 0.87% [1]. - As of the end of June, the total asset size reached 509.742 billion yuan, a growth of 4.82% from the beginning of the year [3]. - Customer deposits totaled 373.312 billion yuan, up approximately 4.81%, maintaining a market share of 12.02% in Gansu Province [3]. - The total amount of loans and advances increased by 4.90% to 257.382 billion yuan, with the bank holding the second-largest loan scale in the province [3]. Business Strategy - Lanzhou Bank is focusing on credit support for small and micro enterprises and green development, optimizing its loan structure with growth in both personal and small business loans [3][6]. - The bank's non-interest income reached 892 million yuan, a year-on-year increase of 27.79%, driven by innovative off-balance-sheet business [3]. Risk Management - The non-performing loan ratio improved to 1.81%, a decrease of 0.01 percentage points compared to the same period last year [4]. - The provision coverage ratio increased by 9.28 percentage points to 207.89%, marking a five-year high [4]. - The capital adequacy ratio rose from 11.76% in the first half of 2024 to 11.96% [4]. Transformation Initiatives - The bank is pursuing three major transformation directions: lightweight, digitalization, and greening, to enhance its service to the real economy [6]. - In the manufacturing sector, loans increased by 11.61% to 23.623 billion yuan, while loans for high-tech enterprises surged by 33.92% [6]. - The bank has developed various online credit products to address financing challenges for small and micro enterprises, with a loan balance for private enterprises reaching 74.517 billion yuan, up 4.93% [6]. Digitalization Efforts - Lanzhou Bank is integrating digital technology into financial product innovation and customer service, with 19 technology projects launched during the reporting period [7]. - The bank's mobile banking service saw significant enhancements, with 3.7624 million accounts opened and 911,800 monthly active users by the end of June [7]. Green Financing - The bank is increasing financial support for green projects, with a green loan balance of 16.559 billion yuan, reflecting a growth of 14.58% [7]. Shareholder Returns - Since its listing in 2022, Lanzhou Bank has completed three rounds of share buybacks, totaling approximately 34.87 million shares, with a total investment of 94.221 million yuan [8]. - The bank has consistently provided cash dividends, with a dividend of 0.51 yuan per 10 shares in July 2025, maintaining a dividend yield of around 4% [8][9]. - Cumulatively, the bank has distributed 2.398 billion yuan in dividends since its listing, exceeding the amount raised during its IPO by 1.18 times [9].