Shanghai Rural Commercial Bank Annual Report 202 1

Stock code: 60 1825 Stock abbreviation: Shanghai Rural Commercial Bank AnnouncementNo.: 2022-02 1.

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and they shall bear individual and joint responsibilities for the truthfulness, accuracy and completeness of its contents.

First of all, important content tips

1. The board of directors, board of supervisors, directors, supervisors and senior management of the Company guarantee that the contents of this quarter's report are true, accurate and complete, and there are no false records, misleading statements or major omissions, and they shall bear individual and joint legal responsibilities.

2. The legal representative of the Company, Xu Li, President Gu Jianzhong, Chief Financial Officer Yao Xiaogang, and the head of accounting organization Chen Nanhua guarantee that the information in the financial statements in this quarterly report is true, accurate and complete.

3. The financial statements in this quarterly report are prepared in accordance with China Accounting Standards for Business Enterprises and have not been audited.

4. The Company held the 14th meeting of the 4th Board of Directors on April 29th, 2023, and reviewed and approved this report.

5. Unless otherwise specified, the accounting data and financial indicators contained in this quarterly report are the consolidated data of the Group, which are all listed in RMB. "The Group" refers to Shanghai Rural Commercial Bank Co., Ltd. and its subsidiaries. The company refers to Shanghai Rural Commercial Bank Co., Ltd.

Two. Main financial data

2. 1 Main accounting data and financial indicators

Unit: RMB 1000 yuan.

2.2 Non-recurring profit and loss items and amounts

Unit: RMB 1000 yuan.

2.3 Changes and reasons of major accounting data and financial indicators

Unit: RMB 1000 yuan.

2.4 Auxiliary accounting data

Unit: RMB 1000 yuan.

2.5 Capital data

Unit: RMB 1000 yuan.

Note: According to the relevant requirements of the Capital Management Measures of Commercial Banks (Trial), the Group adopts the weighting method to measure credit risk-weighted assets, adopts the standard method to measure market risk-weighted assets, and adopts the basic index method to measure operational risk-weighted assets.

2.6 Five-level classification of loans

Unit: RMB 1000 yuan.

2.7 Supplementary financial indicators

Unit:%

2.8 leverage ratio

Unit: RMB 1000 yuan.

2.9 liquidity coverage ratio

Unit: RMB 1000 yuan.

2. Discussion and analysis of10 operating conditions

2023 is the last year to implement the current three-year strategic plan. Under the guidance of the development strategic plan for 2020-2023 formulated by the Board of Directors, in the face of the complex and severe external environment and epidemic impact, the Group adhered to strategic determination, value creation and responsibility strengthening, and solidly promoted the five financial service systems of agricultural industrial chain, technology and finance, green finance, pension finance and industrial finance to ensure that all business operations maintained a good development momentum.

The profit level has increased rapidly. During the reporting period, the Group achieved operating income of 6.356 billion yuan, a year-on-year increase of 9.05%. Among them, the net interest income was 4.963 billion yuan, a year-on-year increase of 9.12%; Non-interest net income was 654.38+39.3 million yuan, up 8.78% year-on-year. Among the net non-interest income, the net fee and commission income was 774 million yuan, up 65,438+06.63% year-on-year, mainly due to the Group's active promotion of retail transformation strategy and the increase in agency fee income.

During the reporting period, the Group achieved a net profit of RMB365,438+RMB0.65,438+RMB300 million, a year-on-year increase of 29.05%. The main reason is that the Group's operating income grew rapidly, while the asset quality remained stable, and the credit impairment losses accrued decreased compared with the same period of last year. The average rate of return on the Group's total assets was 0.27%, an increase of 0.04 percentage points over the same period last year. The weighted average return on equity was 3.27%, up 0. 19 percentage points over the same period of last year.

During the reporting period, the Group incurred business and management expenses of RMB6543.8+RMB693 million, a year-on-year increase of 5.85%; The cost-income ratio was 26.73%, down 0.76 percentage points from the same period last year.

The business scale has grown steadily. At the end of the reporting period, the total assets of the Group were 65,438+065,438+0,865,438+0,436 million yuan, an increase of 2,305,900 yuan or 65,438+0.99% over the end of the previous year. The total amount of loans and advances was 627.259 billion yuan, an increase of 654.38+03.682 billion yuan or 2.23% over the end of last year; The deposit principal was 867.902 billion yuan, an increase of 29.764 billion yuan or 3.55% over the end of last year.

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The capital level is still sufficient. At the end of the reporting period, the Group's core tier 1 capital adequacy ratio was 65,438+03.16%, tier 1 capital adequacy ratio was 65,438+03.20%, and capital adequacy ratio was 65,438+05.75%. Capital adequacy ratios at all levels continue to meet regulatory requirements. During the reporting period, the company exercised the redemption right of 4 billion yuan of secondary capital bonds and issued 7 billion yuan of secondary capital bonds to maintain the efficiency of capital replenishment.

Corporate financing is deeply rooted in the local area, focusing on the region and improving the energy level of the real economy.

The company's financial business closely revolves around the national strategic layout and regional economic development, focusing on parks, scientific and technological innovation and small and medium-sized high-quality private enterprises, and constantly strengthening services to the real economy. At the end of the reporting period, the balance of corporate deposits (including margin deposits and other corporate deposits) was 435.923 billion yuan, an increase of 654.38+00.820 billion yuan or 2.55% over the end of the previous year; The balance of corporate loans and advances was 348.552 billion yuan, an increase of 2.233 billion yuan or 0.64% over the end of last year.

During the reporting period, the company deepened local and regional focus and consolidated its traditional dominant position. Focus on "Five New Cities" 1

"Five New Cities" refers to five new cities in Shanghai, namely Jiading, Qingpu, Songjiang, Fengxian and Nanhui.

, continue to promote the signing of the "five new cities" strategic cooperation, fully implement the special services of the five new cities, and form one city and one policy; Focus on the Lingang New Free Trade Zone, reach a strategic cooperation with the Lingang New Area Management Committee, officially release the special service plan of Lingang New International Trade, and accurately serve the healthy, sustainable and innovative development of the new international trade enterprises in Lingang New Area; Focus on towns and villages, build a comprehensive financial service system for towns and villages, and formulate an action plan to help high-quality development of towns and villages, serve rural revitalization, empower social governance, and help get rich.

During the epidemic period, the company actively played the role of local corporate bank, formulated 20 work plans for Shanghai Rural Commercial Bank to support epidemic prevention and control, set up a special credit line of 20 billion during the epidemic period, strengthened organizational promotion, increased financial drip irrigation, optimized credit granting process, promoted seamless loan renewal, strengthened scientific and technological guidance, and fully supported enterprises to help the real economy. Quickly opened the "through train for financing of war and epidemic diseases" for small and medium-sized enterprises, initiated a new financial service mode of "online code scanning", cooperated with 626 platforms, and reached cooperation intentions with 1, 189 customers, with a docking rate of 100% and a total amount of intended credit of 4.79 billion yuan; Opened special trains with Shanghai Lingang Group and Haitong Securities to help enterprises go global and strengthen financial support for customers in key areas such as parks, technological innovation and listing. During the reporting period, nearly 500 households entered the "through train" of e-loan and bank tax express loan, with a loan amount of more than 43 million yuan. Establish a green channel for credit review and approval during the epidemic period, increase the intensity of non-repayment of loans, use online products such as "New Farmers' Loan" to realize secondary loans, innovatively launch the "Home-oriented" epidemic material support service, launch tax rebate loans for small and micro enterprises and manufacturing industries, and implement the policy of reducing fees and making profits for small and medium-sized enterprises in service industry, manufacturing industry, agriculture, rural areas and private enterprises.

The company established a hierarchical marketing management mechanism for corporate customers, accelerated the strategic coordination of strategic customers at the head office level, deepened the expansion of subsidiaries and industrial chains, and promoted comprehensive financial services with one household and one policy. Release the "Shanghai Rural Commercial Bank's 2.0 Action Plan for Helping Emerging Industries to Develop 2022 and 400 Projects" to strengthen emerging industrial cities and focus on 170 key parks for continuous efforts; Deepen institutional customer cooperation, sign a strategic cooperation agreement with Taiwan Province Affairs Office of Shanghai Municipal People's Government to support the development of Taiwan-funded enterprises in Shanghai; Promote financial support in key areas such as manufacturing and green credit, and boost the development of the real economy. At the end of the reporting period, the total number of corporate customers was 336,600, an increase of 0.5% over the end of last year; The balance of green loans 1, 785,438+0 billion yuan, an increase of 4.02% over the end of last year.

The company has continuously accelerated the transformation of digital innovation, improved the service capacity of inclusive finance, built a portrait platform for Pratt & Whitney customers, and realized intelligent analysis before lending, approval support during lending and accurate management after lending for Pratt & Whitney small and micro customers. At the end of the reporting period, the total credit line of the company's "two increases and two controls" was less than 65.438+million yuan, and the balance of Pratt & Whitney micro loans was 55.5 billion yuan, a net increase of nearly 300 million yuan compared with the end of the previous year; The loan balance under the guarantee of Shanghai Guarantee Fund Management Center 1, 65,438+0.7 billion yuan, ranks among the top in the industry; The balance of Pratt & Whitney online loans was 654.38+00.872 billion yuan, maintaining a sustained growth.

Our company continuously strengthens the core function construction of the "new kinetic energy" strategic emerging customer cultivation plan ecosystem, adheres to the concept of "more advanced technology, more comprehensive technology and more advanced scientific research", focuses on four industries: medical health, intelligent manufacturing, green environmental protection and innovative consumption, continuously strengthens the research mechanism of technology and financial industry, improves the venture capital product system, enhances the comprehensive financial service ability around the whole life cycle of technology enterprises, and provides comprehensive financial services for the founders and core teams around technology enterprises. At the end of the reporting period, the loan scale of the company's science and technology enterprises reached 55.566 billion yuan, an increase of 2.99 billion yuan over the end of the previous year. There are 562 enterprises in the "Xin Kinetic Energy" library, and the comprehensive credit scale is nearly 48 billion yuan.

During the reporting period, the company further promoted the transformation and development of "investment bank of commercial banks", increased the penetration rate of regional bond-issuing enterprises, promoted innovative bonds such as rural revitalization bills, green bonds and technology corporate bonds, and landed the first medium-and long-term bond underwriting for rural revitalization, achieving a bond underwriting scale of 65.438+0.306 billion yuan, a year-on-year increase of 654.38+0.465+0.85%. At the end of the reporting period, the underwriting scale of the company ranked 1 among the national Class B lead underwriters and ranked fifth in the Shanghai market.

Retail finance focuses on core customers, and the overall layout drives the transformation and deepening.

During the reporting period, the company adhered to systematic planning, overall layout and coordinated promotion, deepened the transformation of retail financial business, intensified the promotion of wealth management and personal credit, systematically promoted the construction of "nine systems" with the transformation of outlets and professional operation as the starting point, and strived to achieve high-quality development. At the end of the reporting period, the balance of personal deposits (including other personal deposits) of the company was 404.523 billion yuan, an increase of1861400 million yuan or 4.82% over the end of the previous year; The balance of retail loans was 654.38+084.85 billion yuan, an increase of 654.38+0654.38+58 million yuan or 0.63% over the end of last year.

During the reporting period, the company focused on developing core customer groups, formulated hierarchical and classified business strategies for customer groups, strengthened online business, improved the customer rights and interests system, and deepened the service brand building of three key customer groups: "Enjoy life with peace of mind", "Enjoy life every month" and "Enjoy life with cards". During the epidemic period, timely formulate special service plans such as customer care and maintenance of wealth business and temporary deferred repayment of retail loan customers; Carry out community condolence activities, go deep into 500 communities and 5000 community workers; On-line new e-loan health care project, give preferential interest rates to medical staff, and do their best to accompany and maintain customers during the epidemic. At the end of the reporting period, the company had 65,438+0,999,45438+0,000 individual customers, an increase of 326,5438+0,500 households or 65,438+0.6% over the end of the previous year.

During the reporting period, the company solidly promoted the wealth management business centered on diversified asset allocation of customers. Successfully issued the first rural revitalization theme and retail private wealth management products, continuously enriched the types of wealth management products, and the scale of wealth management products increased by 148438+0 billion yuan, an increase of 8.87%. Under the background of continuous fluctuations in the capital market, actively use fund investment tools to carry out various forms of macro-market analysis and product operation strategy exchange, and do a good job of customer companionship and maintenance; Stabilize the sales of consignment business and actively store customers through "cash" short-term debt funds and "fixed income" products; When customers' risk preference declines due to market trends, we will guide and train customers to adhere to the concept of value investment, and increase the marketing of stable and guaranteed products such as wealth management and insurance. Premium insurance will continue to grow year-on-year under the requirements of the new policy of double record and full amount. At the end of the reporting period, the company managed personal customer financial assets (AUM) totaling 653.299 billion yuan, an increase of 5.40% over the end of last year, and the scale effect was constantly emerging. Among the financial assets (AUM) of individual customers, the proportion of non-storage AUM is constantly increasing, and the business structure is constantly optimized.

The company adheres to the digital full-process operation to help the development of retail loan business. In product design, actively carry out market demand research and design product solutions related to people's livelihood consumption. In terms of risk control, big data risk control is used as the carrier to realize online full-process risk management, and the level of independent risk management and control and risk pricing ability are further improved. At the end of the reporting period, the company's personal non-real estate mortgage loan was 64.623 billion yuan, an increase of 5.38% over the end of the previous year; The NPL ratio of retail loans was 0.47%, down 0.04% from the end of last year.

The company's credit card business focuses on improving quality, promoting activity and benefiting the people, focusing on the diversified consumption needs of retail customers, and integrating credit card products into the overall service plan of retail customers, thus promoting the two-way improvement of retail customer satisfaction and activity. At the same time, strengthen the empowerment of data business, and build exclusive activities and services covering all stages of card opening, card use and staging based on the research and analysis of card use by core customers, so as to achieve accurate reach of retail customers and build an efficient and lightweight business model. At the end of the reporting period, the company issued 2.09 million credit cards, an increase of 0.84% over the end of the previous year. The credit card consumption transaction volume was 2.3 billion yuan, which was basically the same as that of the same period last year.

Gold market peers focus on improving quality and efficiency, and promote the development of light capital connotation.

During the reporting period, the company's financial market business closely followed the theme of high-quality and connotative development, focused on the construction of "trading center valet center", took "assets, scale and capital" as the strategic main line, and made simultaneous efforts around "making investment trading chain more refined and stronger" and "deepening the penetration of peer ecosystem" to provide customers with valuable comprehensive financial services.

During the reporting period, the company followed the policy orientation, followed the market rhythm, persisted in capacity building and innovation exploration, and continuously strengthened the investment and trading business in the financial market. First, focus on the goal of "light capital", strengthen market research and resource planning, effectively rotate bonds, peers, bills and other sectors in rapid changes, and flexibly optimize strategy deployment and implementation. Second, focusing on green finance, Yangtze River Delta integration and the strategy of "small but scattered", we actively expanded the cooperation coverage of agricultural and financial institutions in the Yangtze River Delta region, and steadily increased investment in green bonds, with the scale balance increasing by 28% compared with the beginning of the year. Third, actively participate in factor market innovation, landing the first batch of anonymous click bond lending business in the market and being shortlisted as an offeror, and won the honor of innovative repo dealer of National Interbank Funding Center and X loan active institution. Fourth, take the initiative to assume the responsibility of financial anti-epidemic, actively invest in special bonds for epidemic prevention and control, adhere to the responsibilities of core traders in the market, minimize the impact of sudden epidemics, fully guarantee business continuity, and help the financial market operate smoothly and orderly. Continue to actively trade foreign currency bonds and successfully invest in the first US dollar bond with standby structure under FT. At the end of the reporting period, the balance of the company's self-operated foreign currency bonds was USD 465.438+05 billion, a record high.

The company insists on taking customers as the center, and Qi Xin works together to build an ecosystem of inter-bank cooperation, integrating resources to promote the quality improvement and efficiency improvement of valet and inter-bank business, and exploring the construction of an integrated financial service system. Taking customer demand as the starting point, we will deepen and deepen the ecological circle of key peers, continuously improve the ability of linkage service and the efficiency of drainage for public and private customers, and promote the iterative and accurate access of two key products: customer interest rate swap and accumulated deposits. During the reporting period, the number of contracted customers of RMB valet business increased by about 8% year-on-year; The spot trading volume of foreign exchange on behalf of customers increased by 24.9% and the trading volume of foreign exchange derivatives on behalf of customers increased by 70.4%.

Firmly digital transformation, and create an accelerator to empower business development.

During the reporting period, the company has always focused on the strategic positioning of "firm digital transformation", strengthened the top-level design and overall arrangement of financial technology, identified breakthrough areas, deepened foreign cooperation, promoted the close and deep integration of data, technology and business, formulated the technology optimization plan and "Several Opinions on Accelerating Digital Transformation", and formed the future organizational structure plan of financial technology and the top-level guidance of digital transformation of the whole bank.

The company continued to deepen the integration of business and technology, identified the top ten outstanding financial technology projects of the year, and achieved good results in the technology empowerment business. Empower the retail business, promote the development of mobile banking 7.0 project, and realize the function and data migration of the new generation fund sales system; Empower the company's business and promote the development and construction of enterprise online banking 3.0 project and new generation CMIS, international settlement and bill system; Empower inclusive finance, launch Pratt & Whitney Easy Loan Project, and optimize the function of Nong Xin Le Loan Project; In terms of enabling operational services, put into operation the remote authorization transformation project of the operational platform, and promote the development and testing of the second phase project of the operational platform; Empower human resource management, complete the transformation of HEROS salary module, and promote the new human efficiency and resource optimization system to be fully launched.

Three. Shareholder information

3. 1 Statement of the total number of shareholders, the top ten shareholders and the top ten shareholders with unlimited sales conditions as of the end of the reporting period

Unit: shares

Fourth, other reminders.

In March 2023, the Shanghai Financial Court frozen 32 million shares (pledge) held by the company's shareholder Shanghai Huachen Longdefeng Enterprise Group Co., Ltd. from March 17 to March 15, 2025.

During the reporting period, the company implemented the regulatory requirements, restricted its voting rights at the shareholders' meeting when the number of shares pledged by shareholders reached or exceeded 50% of the company's shares, and sent directors to the board of directors.

Verb (abbreviation for verb) quarterly financial statement

Comprehensive balance sheet

March 3, 20231day

Shanghai Rural Commercial Bank Co., Ltd.

Unit: RMB 1000 yuan.

(continued)

Xu Yao Jianzhong Nanhua

____________________________________

Legal representative, president, chief financial officer and person in charge of accounting institution.

Consolidated Balance Sheet (continued)

Profit and loss statement

1-March 2023

___________________________________

Legal representative, president, chief financial officer and person in charge of accounting institution.

Comprehensive income statement (continued)

consolidated statement of cash flow

Consolidated statement of cash flows (continued)

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