XIANMEN BANK(SH:601187)2024-05-20 07:37Group 1: Financial Performance - The proposed cash dividend for 2023 is CNY 3.10 per share, totaling CNY 818 million, with a cash dividend ratio of 30.71% [2] - As of the end of 2023, total assets reached CNY 390.664 billion, a 5.24% increase year-on-year [6] - The net profit for 2023 was CNY 2.752 billion, representing a year-on-year growth of 7.03% [6] Group 2: Business Development - The bank's corporate loans and advances amounted to CNY 111.751 billion, a growth of 7.83% from the beginning of the year [4] - The bank's retail deposits increased to CNY 67.150 billion, a growth of 21.23% year-on-year [5] - The bank's focus on cross-strait financial services led to a 34% increase in the number of Taiwanese enterprise clients compared to the beginning of the year [3] Group 3: Risk Management - The non-performing loan ratio decreased to 0.76%, down 0.10 percentage points from the previous year [5] - The bank has implemented comprehensive risk management strategies, enhancing its risk identification capabilities through big data applications [5] Group 4: Market Position - The bank is the leading financial institution in Fujian Province for credit issuance to Taiwanese enterprises, with a market share of 84% in international settlement volume [3] - The average financial assets of Taiwanese clients are 2.26 times that of the bank's retail customers [3] Group 5: Strategic Initiatives - The bank is actively pursuing a large retail strategy, focusing on enhancing customer experience and optimizing service capabilities [4] - The issuance of up to CNY 5 billion in convertible bonds is aimed at diversifying capital sources and strengthening the bank's risk resilience [7]