Core Insights - The forum focused on the transformation of financial management in the era of artificial intelligence, emphasizing the shift from traditional accounting to value creation and proactive risk management [1][2]. Group 1: Forum Overview - The "2025 Autumn Forum" was successfully held in Beijing, organized by the Chinese Institute of Certified Public Accountants, with a theme centered on "Deep Language Models (DeepSeek) and Penetrative Financial Management" [1]. - Keynote speeches highlighted the importance of deep learning models in reshaping financial management practices across various sectors, including state-owned enterprises and financial institutions [2][3]. Group 2: Key Presentations - Experts from different fields shared insights on the application of technology in financial risk management, with a focus on proactive measures rather than mere compliance [3][4]. - The presentations included practical applications of DeepSeek in financial scenarios such as intelligent reconciliation, risk warning, and cash flow forecasting [3][4]. Group 3: Roundtable Discussion - A roundtable discussion addressed the challenges and opportunities in AI-driven financial management, emphasizing the need for high-quality data and skilled professionals [5][6]. - Participants discussed the significance of contract-based cash flow management in enhancing overall funding efficiency within organizations [6]. Group 4: Future Directions - The forum concluded with a call for continued collaboration among industry peers to leverage deep learning technologies for greater value creation in financial management [7]. - Ningbo Bank expressed its commitment to fostering partnerships and developing a new ecosystem for intelligent finance in the era of big models [7].

Core Viewpoint - In the first half of 2025, under the backdrop of China's economic recovery and deepening financial reforms, Ningbo Bank demonstrated resilience with a performance report characterized by "increased volume and stable quality" [1][3]. Financial Performance - As of June 2025, the total assets of Ningbo Bank exceeded 3.47 trillion yuan, reflecting a double-digit growth of 11.04% compared to the beginning of the year [3]. - The net profit attributable to shareholders reached 14.772 billion yuan, marking an 8.23% year-on-year increase, with profit growth outpacing revenue growth [1][4]. - The bank maintained a low non-performing loan ratio of 0.76% and a provision coverage ratio exceeding 370%, indicating strong asset quality [1][4]. Strategic Positioning - Ningbo Bank adopted a differentiated strategic approach by focusing on the Yangtze River Delta economic circle and establishing a "9+4" diversified profit center structure, which includes corporate banking, retail banking, wealth management, and consumer credit [1][5]. - The bank's risk management philosophy emphasizes that "operating a bank is managing risks," supported by a digital risk control system and intelligent early warning mechanisms [1][6]. Business Development - The bank's total deposits reached 2.08 trillion yuan, with a growth rate of 13.07%, significantly outpacing asset growth, indicating a solid core customer base and effective cost control [3]. - Loan and advance totals amounted to 1.673 trillion yuan, growing by 13.36%, reflecting a steady credit issuance pace without compromising risk preferences [3]. Profit Center Collaboration - The "9+4" profit center model enables the bank to leverage various business lines, including corporate banking, retail banking, wealth management, and consumer finance, to provide comprehensive solutions and maximize customer value [5][6]. - Subsidiaries such as Yongyin Fund and Ningyin Consumer Finance complement the main banking operations, enhancing overall business synergy and customer loyalty [5]. Technological and Risk Management - The bank's risk management integrates into all business processes, utilizing a digital risk control system for precise identification and real-time management of various risks [6]. - Technological advancements have transformed traditional support functions into core drivers of business model evolution, with investments in digital transformation and customer service enhancements [6]. Social Responsibility and Financial Inclusion - Ningbo Bank actively promotes five major financial initiatives, including technology finance, green finance, inclusive finance, pension finance, and digital finance, aligning national strategies with its development [2][7]. - The bank has established a green loan balance of 68.814 billion yuan, with significant support for clean energy and environmental projects [8]. - In the inclusive finance sector, the bank has introduced innovative credit products to address the financing challenges faced by small and micro enterprises, achieving a balance of 214.343 billion yuan in inclusive loans [9]. Future Outlook - With ongoing macroeconomic recovery and deepening financial reforms, Ningbo Bank is well-positioned to further unlock growth potential and create long-term value for customers, employees, shareholders, and society [12].

Core Viewpoint - The company emphasizes the importance of a stable dividend mechanism as a means to convey operational confidence and strengthen the investment foundation in the market, reflecting its commitment to social responsibility and a mature capital market ecosystem [2] Group 1: Financial Performance - The company has maintained steady growth in operating performance despite various challenges, demonstrating its capability and willingness to distribute development dividends to investors through mid-term dividends [2] - As of June 30, 2025, the total assets reached 34,703.32 billion, an increase of 11.04% from the beginning of the year; total deposits were 20,764.14 billion, up 13.07%; and total loans and advances amounted to 16,732.13 billion, reflecting a growth of 13.36% [4] Group 2: Strategic Focus - The company focuses on the development vision of a smart bank, leveraging financial technology to drive business model upgrades and enhance its ability to serve the real economy, resulting in robust asset growth [3] - The company has upgraded several products to meet market demands, including the Kunpeng Treasury 2.0 and the Financial Manager 2025 version, enhancing their service systems to support digital management for enterprises [5] Group 3: Business Segments - The company operates nine profit centers, including corporate banking, retail banking, wealth management, and investment banking, with subsidiaries like Yongying Fund and Ningyin Consumer Finance contributing to sustainable growth [7] - The company has established a diversified profit center strategy, ensuring collaboration among its various business units for steady growth [7] Group 4: Risk Management - The company has improved asset quality and risk resistance through unified credit policies and an upgraded risk monitoring system, maintaining stable asset quality [12] - As of June 30, 2025, the non-performing loan balance was 12.688 billion, with a non-performing loan ratio of 0.76% and a provision coverage ratio of 374.16%, indicating strong risk management capabilities [14][15] Group 5: Future Outlook - The company anticipates a slowdown in the decline of net interest margins in the second half of 2025 due to improved asset allocation and liability structure optimization [9] - The company plans to continue focusing on risk management, implementing prudent credit policies, and enhancing its credit risk management processes to support key economic sectors [16]

Core Viewpoint - Ningbo Bank is leveraging financial technology innovations to address the diverse financial needs of urban merchants and small businesses, enhancing their operational efficiency and supporting their digital transformation [2][4][6]. Group 1: Financial Technology Innovations - Ningbo Bank has developed the "Ningxing Cloud," the first cloud brand among domestic city commercial banks, utilizing cloud computing and distributed technology to provide professional and digital financial solutions [2][4]. - The "Ningxing Cloud" offers seven core products that cover the entire business management process, including comprehensive financial services such as fund management, foreign exchange, invoicing, payment, and payroll [4][5]. - The platform supports various service outputs, including standardized, customized, and private solutions, tailored to meet the specific needs of enterprises [4][5]. Group 2: Security and Efficiency - The two key features of "Ningxing Cloud" are efficiency and security, allowing businesses to access a full range of services with a single application, significantly improving operational efficiency [4][5]. - The platform is built with high-level security measures, ensuring that the data center meets the highest standards for network, server, operating system, and application system security [4][6]. Group 3: Comprehensive Product Matrix - Ningbo Bank has upgraded multiple core products since the launch of "Ningxing Cloud," creating a comprehensive digital service system that includes fund management, treasury services, human resources, and cross-border finance [5][6]. - The "Digital Human 3.0" system provides a comprehensive personnel management solution, enabling real-time monitoring of labor costs and efficiency for business owners [5]. - The "Treasury Service 2.0" has been enhanced to include a "6 Full" service system, covering all aspects of consulting, business, risk management, overseas connections, system openness, and user support [5][6]. Group 4: Cross-Border Financial Services - The "Foreign Exchange Manager" platform integrates over 200 functions to provide comprehensive services for more than 50,000 cross-border trade and investment enterprises, facilitating settlement, financing, and risk management [6]. - The mobile "Foreign Exchange Manager" app allows businesses to manage foreign exchange operations anytime and anywhere, marking a significant step in the digital transformation of cross-border enterprises [6]. Group 5: Future Outlook - Ningbo Bank aims to deepen its technological empowerment and connect more enterprises through cloud interactions, driving value creation and supporting the high-quality development of the real economy [6].

Core Viewpoint - The digital wave and technological innovation are driving banks to break traditional service boundaries and promote inclusive financial services, with Ningbo Bank actively responding to national strategies through digitalization and technology empowerment [1][2]. Digital Transformation and Financial Services - Ningbo Bank has established specialized institutions such as technology branches and innovation departments to support technology-driven enterprises, providing full lifecycle support for sectors like semiconductors and intelligent manufacturing [2]. - The bank's "Financial Manager" system has been updated to enhance efficiency and reduce costs for enterprises, demonstrating the effectiveness of digital financial solutions [3][4]. Inclusive Finance Initiatives - Ningbo Bank focuses on providing convenient, efficient, and low-cost financing services for small and micro enterprises, addressing their financing challenges and promoting sustainable development [5][6]. - The bank's inclusive finance loan balance reached 219.94 billion yuan by the end of 2024, serving over 277,800 clients, with a decrease in interest rates by 0.6 percentage points compared to the beginning of the year [7]. Elderly Finance Development - The bank is actively developing its elderly finance business, offering a comprehensive system that includes pension finance, elderly service finance, and elderly industry finance, with over 163 products launched to support retirement planning [8]. - Ningbo Bank has provided over 1 billion yuan in credit to support smart elderly care equipment procurement and community elderly care center construction [8]. Conclusion - Ningbo Bank is committed to transforming policy guidance into tangible benefits for the public, focusing on digital empowerment to support national strategies and contribute to common prosperity [8].