QILU BANK(SH:601665)2022-11-17 15:12Group 1: Strategic Development and Competitive Advantages - The bank focuses on inclusive finance, county-level services, and retail sectors, establishing a competitive edge in these areas [1] - It has set up a unique inclusive finance system, leading in small and micro enterprise services within the province [1] - The bank has enhanced its county-level financial influence and profitability, aligning with national rural revitalization strategies [1] Group 2: Future Regional Layout - The bank plans to establish a network of 16 branches in the province, prioritizing county-level development and adding rural revitalization service stations [1] Group 3: Economic Context and Performance - Shandong Province's GDP grew by 5.2% year-on-year in Q1 2022, providing a solid economic foundation for the bank's sustainable development [2] - The bank's loans are primarily concentrated in leasing and business services (19.69%), manufacturing (10.94%), and wholesale and retail (7.92%) as of the end of 2021 [2] Group 4: Impact of COVID-19 - The pandemic's impact on credit demand is minimal, and asset quality remains within controllable risk limits [2]