PAB(SZ:000001)2026-01-30 10:12Group 1: Financial Performance - In the first nine months of 2025, the bank achieved operating revenue of CNY 100.668 billion, a year-on-year decrease of 9.8% [1] - The net profit for the same period was CNY 38.339 billion, down 3.5% year-on-year [1] - As of September 2025, the bank's core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio, and total capital adequacy ratio were 9.52%, 11.06%, and 13.48%, respectively, an increase of 0.40, 0.37, and 0.37 percentage points compared to the end of the previous year [1] Group 2: Asset Quality and Risk Management - The non-performing loan ratio was 1.05% as of September 2025, a decrease of 0.01 percentage points from the end of the previous year [3] - The bank's provision coverage ratio stood at 229.60%, indicating strong risk mitigation capabilities [1] Group 3: Real Estate Exposure - The total credit risk exposure related to the real estate sector was CNY 266.234 billion as of September 2025, a decrease of CNY 7.103 billion from the end of the previous year [3] Group 4: Customer Growth and Strategy - The number of corporate clients increased to 935,700, representing a growth of 9.7% compared to the end of the previous year [3] - The bank is focusing on a customer-centric approach, enhancing its service offerings to meet diverse financing needs [3] Group 5: Retail Business Transformation - The net interest margin for the first nine months of 2025 was 1.79%, a decline of 14 basis points year-on-year, primarily due to falling loan rates and business structure adjustments [3] - The bank is committed to advancing its retail strategy and improving the quality and sustainability of retail business [3] Group 6: Pension Financial Products - As of September 2025, the bank offered a total of 238 personal pension products, including pension savings, pension wealth management, and pension funds [3]