Core Viewpoint - The banking industry is undergoing significant differentiation and transformation, with increasing market competition. Jiangsu Bank has demonstrated strong performance amidst challenges, achieving high-quality development through its commitment to "finance for the people" and enhancing financial services [2][4]. Financial Performance - Jiangsu Bank reported a Q1 2025 operating income of 22.304 billion yuan, a year-on-year increase of 6.21% - The net profit attributable to shareholders was 9.78 billion yuan, up 8.16% year-on-year - Basic earnings per share reached 0.53 yuan, reflecting a growth of 17.78% [2][4] - As of the end of Q1 2025, the bank's non-performing loan ratio was 0.86%, the lowest since its listing, with a provision coverage ratio of 343.51% [4][5] Asset Growth - Jiangsu Bank's total assets surpassed 4 trillion yuan, reaching 4.46 trillion yuan, marking a significant milestone in its development - Total deposits amounted to 2.42 trillion yuan, a growth of 14.21% compared to the end of the previous year - Total loans reached 2.26 trillion yuan, with a year-on-year increase of 7.96% [3][4] Revenue Structure - The bank's interest income for Q1 2025 was 16.592 billion yuan, a year-on-year increase of 21.94%, accounting for 74.38% of total revenue - Non-interest income, including net fees and commissions, reached 1.65 billion yuan, up 21.77%, representing 7.4% of total revenue [4] Innovation and Support for SMEs - Jiangsu Bank has focused on enhancing financial services for small and medium-sized enterprises (SMEs) and technology innovation, establishing an "innovation ecosystem accelerator" - The bank has developed a tiered service system for technology financing and has actively engaged with local enterprises to support their growth [6][7] - As of the end of 2024, the bank's technology loan balance was 232.6 billion yuan, with a growth rate of 22.8% [7] Inclusive Finance Initiatives - Jiangsu Bank has prioritized inclusive finance, directing resources towards small and micro enterprises, and has implemented various initiatives to alleviate financing difficulties for these businesses - The bank's inclusive small and micro loan balance reached 210.5 billion yuan, a year-on-year increase of 21.36% [8][9] Retail Banking Strategy - The bank aims to expand its retail business and wealth management services, with a focus on customer needs and a comprehensive service approach - Retail deposits reached 822.9 billion yuan, growing 16.21% year-on-year, while retail loans amounted to 674.8 billion yuan, up 3.40% [10][11]

Core Viewpoint - Jiangsu Bank's Xuzhou Branch is committed to the mission of "finance for the people," focusing on building a comprehensive, long-term personal financial service system through "full customer base, full product range, and full channels" Group 1: Customer-Centric Services - The bank emphasizes a customer-centric approach, creating a comprehensive financial service system tailored to different asset scales, risk preferences, and financial needs [3] - For payroll clients, the bank offers exclusive rights and product packages, providing low-risk investment options and one-stop personal credit services [3] - The bank has launched a unique pension account service that covers various products, with over 60,000 accounts opened [3] Group 2: Diverse Product Offerings - Jiangsu Bank has developed an open product shelf with nearly 10,000 products across deposits, wealth management, funds, insurance, and trusts, enhancing asset allocation efficiency [4] - The bank introduced the "Su Yin Jin Xuan" fund selection brand, which has outperformed market indices, further enriching its wealth management offerings [4] Group 3: Technology and Experience Enhancement - The bank is creating a "financial + scenario" smart ecosystem by integrating online and offline services, enhancing customer experience through various lifestyle scenarios [5] - The bank's mobile app has been upgraded to version 10.0, incorporating nine major scenarios to provide comprehensive financial and non-financial services [5] - The bank has launched community marketing initiatives, collaborating with local merchants to offer discounts and promotions, thereby creating a "financial + life" closed loop [5]

Core Viewpoint - Jiangsu Bank's 2024 annual report showcases strong growth with operating income of 80.815 billion yuan and net profit attributable to shareholders of 31.843 billion yuan, highlighting its strength as a leading city commercial bank [1] Group 1: Personal Financial Business Performance - Retail asset management (AUM) has surpassed 1.42 trillion yuan, maintaining the top position among city commercial banks [1] - Retail deposit balance reached 822.9 billion yuan, a year-on-year increase of 16.21%, while retail loan balance was 674.8 billion yuan, up 3.40% from the previous year [1] - The personal loan non-performing rate is controlled at a low level of 0.88% [1] - As of the end of Q1 this year, retail AUM has exceeded 1.5 trillion yuan [1] Group 2: Professional Foundation - Jiangsu Bank focuses on a "full product" development strategy, offering a comprehensive range of high-quality financial products [2] - The bank launched the "Su Yin Jin Xuan" fund selection brand, which has outperformed market indices [2] - The bank provides efficient and convenient services through its mobile banking app and over 500 physical branches [2] Group 3: Recognition and Awards - Jiangsu Bank's personal financial services have received industry recognition, winning awards such as the "Topology Award" from Zhitong Finance and the "2024 Annual Bank Wealth Management Brand Award" from Shanghai Stock Exchange [3] Group 4: Targeted Services - The bank utilizes big data to create customer profiles, offering differentiated services to meet diverse consumer needs [4] - Jiangsu Bank has launched a 2025 consumption promotion initiative with 20 measures to stimulate consumer spending [4] - The bank has introduced various promotional activities in line with government policies to encourage consumption [4] Group 5: Elderly Financial Services - Jiangsu Bank has developed the "Su Yin Pension Finance" brand, providing a comprehensive service system for elderly customers [5] - The issuance of the "Rong Xiang Xing Fu" debit card has exceeded 1 million, and the sales of exclusive wealth management products have surpassed 260 billion yuan [5] Group 6: Entrepreneurial Services - The bank has introduced the "Qi Tou Jia" comprehensive service brand to cater to the needs of entrepreneurs, focusing on investment, financing, inheritance, and communication [6][7] - The number of financial private clients has grown at an annual rate of over 20%, exceeding 110,000 by the end of Q1 2025 [7] Group 7: Community Engagement and Cultural Finance - Jiangsu Bank has implemented a "1+N" customer acquisition model, integrating financial services into community life [8] - The bank has partnered with cultural institutions to enhance cultural finance and launched co-branded digital debit cards [9] - The bank supports major sports events and promotes community activities to create a vibrant lifestyle ecosystem [9] Group 8: Overall Strategy and Future Outlook - Jiangsu Bank emphasizes customer-centricity and aims to create value through community engagement and collaboration [8] - The bank's mobile app has over 7 million monthly active users, leading among city commercial banks [9] - Jiangsu Bank is committed to adapting to changing environments and providing warm, precise services to ensure customer satisfaction [9]