Core Viewpoint - Jinshan Bank reported its 2024 performance, showing growth in total assets and loans, while facing challenges in credit card balances and interest income [1][3][5]. Financial Performance - As of December 31, 2024, the total assets of Jinshan Bank reached RMB 376.3 billion, an increase of 4.2% from the previous year [1]. - The total liabilities amounted to RMB 348.3 billion, reflecting a 3.5% increase year-on-year [1]. - The bank's non-performing loan (NPL) ratio stood at 1.77%, a slight decrease of 0.01 percentage points compared to December 31, 2023 [2][7]. Loan and Deposit Growth - The bank's loan portfolio reached RMB 127.3 billion, marking a 5.8% increase from the previous year, driven by initiatives to support small and micro enterprises and key economic sectors in Shanxi Province [3]. - Total deposits surpassed RMB 310.3 billion, increasing by 7.7% year-on-year, attributed to enhanced marketing efforts and improved customer service [6]. Interest Income and Rates - Interest income from loans and advances was RMB 7.975 billion, a decrease of 2.1% from the previous year, primarily due to a decline in average yield from 4.26% to 3.92% [5]. - Net interest income was RMB 4.189 billion, down 1.1%, influenced by an increase in interest expenses on deposits [6]. - The net interest margin decreased from 1.36% to 1.20% due to lower yields on loans and financial investments [6][7]. Credit Card and Consumer Trends - The bank's credit card balance was RMB 3.935 billion, a decrease of 14.5%, impacted by lower consumer demand and increased competition from alternative financial products [4].