Core Viewpoint - The performance report of Shanghai Pudong Development Bank (SPDB) for the first half of 2025 reflects a stable and progressive growth amidst the evolving financial landscape, showcasing the bank's ability to adapt and innovate in serving the real economy [1][9]. Financial Performance - In the first half of 2025, SPDB achieved an operating income of 90.559 billion yuan, a year-on-year increase of 2.62%, and a net profit attributable to shareholders of 29.737 billion yuan, up 10.19% year-on-year [1]. - The bank's total assets reached 9.65 trillion yuan by the end of June 2025, with total loans (including bill discounts) amounting to 5.63 trillion yuan, reflecting a growth of 4.51% compared to the end of the previous year [2]. - The total liabilities stood at 8.844539 trillion yuan, increasing by 1.46%, while total deposits reached 5.59 trillion yuan, marking an 8.71% growth [2]. Asset Quality and Risk Management - SPDB's non-performing loan ratio decreased to 1.31%, continuing a five-year downward trend and outperforming the average level of joint-stock banks [3]. - The provision coverage ratio improved to 193.97%, indicating a robust buffer for future operational development [3]. Business Strategy and Innovation - SPDB is focusing on a "digital intelligence" strategy, enhancing its technological capabilities to support its core business areas, particularly in technology finance and supply chain finance [5]. - The bank's technology finance loans exceeded 1 trillion yuan, serving over 240,000 technology enterprises, which accounts for over 70% of the listed companies on the Science and Technology Innovation Board [5][6]. - In supply chain finance, SPDB's online business volume reached 358.265 billion yuan, a year-on-year increase of 382.82%, with the number of clients served growing by 46.08% [7]. Regional Development and Global Expansion - SPDB is actively participating in the Yangtze River Delta integration strategy, with over 80% coverage of the top 100 counties in the region and a loan balance of 1.98 trillion yuan [8]. - The bank's cross-border transaction settlement volume increased by 33% year-on-year, demonstrating its strong global service capabilities [8]. Future Outlook - The management of SPDB emphasizes the continuation of its "digital intelligence" strategy, aiming for high-quality development and enhanced service efficiency in the financial sector [9].