Core Viewpoint - Ningbo Bank has demonstrated steady growth in its operations, with significant increases in revenue and net profit, while maintaining high asset quality and a low non-performing loan ratio [1][5]. Financial Performance - For the first three quarters of 2025, Ningbo Bank reported a revenue of 54.976 billion yuan and a net profit attributable to shareholders of 22.445 billion yuan, both showing an increase of over 8% year-on-year [1][3]. - The bank's total assets reached 3.578396 trillion yuan, marking a 14.50% increase from the beginning of the year [2]. - The average return on equity for the bank was 13.81% [3]. Asset Quality - As of the end of September, the non-performing loan ratio stood at 0.76%, maintaining a record of being below 1% for 18 consecutive years [5][6]. - The provision coverage ratio was 375.92%, indicating strong risk mitigation capabilities [5]. Loan and Deposit Growth - Total loans and advances amounted to 1.716823 trillion yuan, reflecting a growth of 16.31% since the start of the year [2]. - Total deposits reached 2.047804 trillion yuan, with an increase of 11.52% year-to-date [2]. Profitability and Efficiency - The bank's net interest margin remained resilient at 1.76%, consistent with the previous half-year [4]. - The cost-to-income ratio improved to 30.68%, a decrease of 2.75 percentage points year-on-year, indicating enhanced operational efficiency [4]. Strategic Focus - Ningbo Bank continues to focus on supporting the real economy, particularly in sectors like technology innovation and advanced manufacturing [2][6]. - The bank is committed to a diversified profit structure, with multiple profit centers across various financial services [3].

Core Insights - Ningbo Bank's Q3 2025 report shows steady revenue growth, improved asset quality, and stable non-performing loan ratio, indicating resilience in a challenging economic environment [1][2] Financial Performance - For the first nine months of 2025, Ningbo Bank achieved a net profit of 22.445 billion yuan, an increase of 8.39% year-on-year, and operating revenue of 54.976 billion yuan, up 8.32% year-on-year [2] - The annualized weighted average return on equity stands at 13.81% [2] Asset and Loan Growth - As of September 30, 2025, total assets reached 357.8396 billion yuan, a 14.50% increase from the beginning of the year; total loans and advances amounted to 171.6823 billion yuan, up 16.31% year-on-year; total deposits were 204.7804 billion yuan, reflecting an 11.52% increase [1] Risk Management - The bank maintains a non-performing loan ratio of 0.76%, unchanged from the beginning of the year, with a provision coverage ratio of 375.92%, indicating strong risk mitigation capabilities [2] - The bank emphasizes a comprehensive risk management system to safeguard against potential risks in a volatile economic landscape [2] Business Strategy - Ningbo Bank focuses on supporting the real economy, particularly in sectors like small and micro enterprises, manufacturing, and import-export businesses, which has driven public loan growth [1] - The bank operates nine profit centers, including corporate banking, retail banking, and wealth management, enhancing its sustainable development capacity [1]

Core Viewpoint - Ningbo Bank has demonstrated robust growth in assets and profits in the first three quarters of 2025, maintaining a strong asset quality and a commitment to supporting the real economy [1][2][4]. Group 1: Financial Performance - As of September 30, 2025, Ningbo Bank's total assets reached 3.578396 trillion yuan, marking a 14.50% increase from the beginning of the year [2]. - The net profit attributable to shareholders for the first three quarters was 22.445 billion yuan, reflecting an 8.39% year-on-year growth [3]. - The bank's operating income for the same period was 54.976 billion yuan, with an 8.32% increase compared to the previous year [3]. Group 2: Asset Quality - Ningbo Bank maintained a non-performing loan ratio of 0.76%, consistent with the beginning of the year, indicating strong asset quality [4]. - The provision coverage ratio stood at 375.92%, showcasing the bank's solid risk mitigation capabilities [4]. - The bank has successfully kept its non-performing loan ratio below 1% for 18 consecutive years since its listing in 2007 [4]. Group 3: Business Strategy - The bank focuses on a differentiated operating strategy, emphasizing support for the real economy and enhancing service quality [1][2]. - Ningbo Bank has developed a diversified profit structure with nine profit centers and four subsidiaries, contributing to its stable growth [3]. - The bank aims to strengthen its core competitiveness by addressing customer needs and enhancing its service offerings [6].

Core Viewpoint - Huishang Bank demonstrates strong performance in supporting local economic development while achieving steady growth in scale and optimizing its business structure [1][2]. Group 1: Financial Performance - As of June 2025, Huishang Bank's total assets exceeded 2.25 trillion yuan, an increase of 11.82% from the end of the previous year [1]. - Total deposits reached 1.252 trillion yuan, growing by 9.92% year-on-year [1]. - Total loans amounted to 1.100 trillion yuan, reflecting a 9.82% increase compared to the previous year [1]. - The bank reported operating income of 21.157 billion yuan, up 2.25% year-on-year, and net profit of 9.328 billion yuan, a 3.81% increase from the same period last year [1]. Group 2: Business Structure Optimization - Huishang Bank has actively promoted business structure optimization, with significant performance in investment banking and transaction banking [2]. - The bank completed 98 debt financing tool issuances totaling 79.342 billion yuan, with an underwriting scale of 29.420 billion yuan [2]. - Supply chain finance in transaction banking increased by 64.53% year-on-year, and asset management scale surpassed 1.2 trillion yuan, growing by 7.4% [2]. Group 3: Financial Inclusion and Technological Innovation - The bank focuses on technology finance, green finance, and inclusive finance, with technology loans reaching 201.794 billion yuan, a 19.57% increase from the previous year [3]. - Inclusive loans for small and micro enterprises totaled 168.028 billion yuan, reflecting continuous growth [3]. - Green credit balance reached 144.468 billion yuan, increasing by 35.63% year-on-year [3]. Group 4: Asset Quality and Risk Management - Huishang Bank maintains a stable asset quality, with a non-performing loan ratio of 0.98%, down by 0.16 percentage points year-on-year [4]. - The non-performing loan provision coverage ratio improved to 289.94%, an increase of 17.43 percentage points from the previous year [4]. - The bank has enhanced its digital risk management capabilities through the integration of big data and artificial intelligence [4]. Group 5: Future Outlook - Huishang Bank aims to continue its high-quality development journey, focusing on digital transformation and deepening financial reform to better serve the real economy [5].

Core Insights - The company reported a slight increase in revenue for the first half of 2025, with operating income reaching 427.09 billion yuan, up 1.6% year-on-year, while net profit attributable to shareholders decreased by 1.4% to 168.10 billion yuan [1] - The non-performing loan ratio remained stable at 1.33%, with a provision coverage ratio of 217.71%, indicating strong risk management capabilities [3] Financial Performance - The company achieved net interest income of 313.58 billion yuan, a minor decline of 0.1% year-on-year, with an annualized net interest margin of 1.30%, down 13 basis points [2] - Fee and commission income slightly decreased by 0.6% to 67.02 billion yuan, but the decline was less severe compared to previous periods, with significant growth in corporate wealth management and asset custody services [2] - Other non-interest income increased by 18.8% to 46.50 billion yuan, driven primarily by a 52.0% rise in investment income to 32.88 billion yuan [2] Asset Quality and Risk Management - The company maintained a stable asset quality, with a non-performing loan ratio of 1.33% and a decrease in the non-performing loan ratio for corporate loans to 1.47% [3] - The company proactively managed risks, with a credit impairment loss provision of 104.01 billion yuan, reflecting a 2.2% increase year-on-year [3] Future Outlook - The company aims to deepen its transformation while supporting the real economy, with projected revenues of 822.62 billion yuan, 834.94 billion yuan, and 865.79 billion yuan for 2025-2027 [3] - Expected net profits for the same period are forecasted at 362.15 billion yuan, 367.93 billion yuan, and 383.45 billion yuan, with a projected PB valuation of 0.67, 0.61, and 0.56 times [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任 何責任。 中國工商銀行股份有限公司 INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED （於中華人民共和國註冊成立的股份有限公司） 股份代號：1398 美元優先股股份代號：4620 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而做出。 公司简介 茲載列本行在上海證券交易所網站刊登的本行根據中國會計準則編製的2025半年度報 告，僅供參閱。 特此公告。 中國工商銀行股份有限公司 董事會 中國，北京 2025年8月29日 於本公告刊發日期，董事會成員包括執行董事廖林先生、劉珺先生和王景武先生；非執行董事盧永真先生、 曹利群女士、董陽先生和鐘蔓桃女士；獨立非執行董事陳德霖先生、赫伯特•沃特先生、莫里•洪恩先生、 陳關亭先生和李偉平先生。 中国工商银行股份有限公司 （股票代码：601398） 2025 半年度报告 中国工商银行成立于 1984 年 ...

Group 1 - The core viewpoint of the article is the strategic cooperation between Bank of Communications Yancheng Branch and Jianhu Rural Commercial Bank, focusing on mutual benefits in various financial services [1] - The two banks signed agreements on party building, digital currency, fund management, wealth management, agency services, and asset custody [1] - This partnership aims to combine the comprehensive and cross-regional capabilities of Bank of Communications with the localized service strengths of Jianhu Rural Commercial Bank [1]