JRCB(SZ:002807)2022-11-17 14:31Group 1: Impact of COVID-19 on Business Operations - The COVID-19 outbreak in Jiangyin was effectively controlled within 15 days, allowing for a swift return to work and production [3] - The overall impact of the pandemic on asset quality was limited, with a gradual recovery in credit demand observed post-pandemic [3] - The bank maintained uninterrupted financial services during the lockdown, ensuring that loans were processed as needed [3] Group 2: Credit Support and Loan Demand - The bank has increased credit support, aligning with the expected credit demand recovery from small and micro enterprises and individual borrowers [3] - In the first quarter, the bank's proactive credit issuance laid a solid foundation for revenue growth throughout the year [3] - A financial assistance campaign was launched in June to meet the credit needs of technology enterprises and new agricultural entities [3] Group 3: Performance of Out-of-Region Institutions - Since 2008, the bank has established 5 village banks and 8 out-of-region branches, contributing to revenue growth [3] - By the end of 2021, revenue from out-of-region institutions reached CNY 853 million, a 14.8% increase, accounting for 25.3% of total revenue [3] - The proportion of loans from out-of-region institutions reached 34% by the end of 2021 [4]