JRCB(SZ:002807)2022-11-21 15:38Group 1: Economic Performance - As of September 2021, the GDP of Jiangyin reached 315.99 billion CNY, a year-on-year increase of 9.8% [1] - The industrial added value for the same period was 891.28 billion CNY, with a retail sales total of 503.51 billion CNY, growing by 6.2% year-on-year [1] - The total import and export volume was 169.71 billion USD, reflecting an 18.3% year-on-year growth [1] Group 2: Loan Growth and Demand - By the end of September 2021, the bank's total loan balance was 914 billion CNY, an increase of 14% compared to the previous year [1] - Inclusive loans for farmers and small micro-enterprises reached 200 billion CNY, growing by 35% since the beginning of the year [3] - Personal loan balances stood at 197 billion CNY, with a growth rate of 36% year-on-year [3] Group 3: Competitive Advantages in Manufacturing - The bank has established a strong brand reputation, being recognized as the top financial institution in Jiangyin for several consecutive years [3] - Decision-making advantages stem from streamlined approval processes, addressing financing challenges for manufacturing enterprises [3] - The bank's customer managers possess local knowledge, enhancing risk control and service delivery [3] Group 4: Retail Transformation Efforts - The bank has accelerated its retail transformation, achieving a 98.18% electronic banking transaction substitution rate [3] - Online credit business accounts for 70.25% of total credit operations, with 97,000 new mobile banking users added in the first three quarters [3] - The bank aims to create a digital smart bank, focusing on innovative online loan products and enhancing customer service [4]