China Construction Bank (939) investor relations material

Executive summary

• Achieved steady growth in H1 2026, with operating income of RMB426.3 billion and net profit of RMB171.7 billion, up 10.48% and 5.56% year-on-year, respectively.

• Maintained industry-leading capital adequacy (19.42%), ROE (9.52%), and cost-to-income ratio (22.17%).

• Focused on high-quality development, technology finance, green finance, and inclusive finance, with enhanced digital transformation and customer-centric service models.

• Enhanced support for the real economy, including technology, green, inclusive, and pension finance.

Financial highlights

• Net profit reached RMB171.7 billion, up 5.56% year-over-year; operating income rose 10.48% to RMB426.3 billion.

• Net interest income increased 8.46% year-on-year; net non-interest income surged 16.31%.

• Gross loans to customers reached RMB29.34 trillion, up 5.65%; financial investments at RMB13.99 trillion, up 8.48%.

• NIM at 1.37%; provision coverage ratio at 238.69%.

• Total assets increased 3.72% to RMB47.33 trillion; total liabilities up 3.69% to RMB43.49 trillion.

Outlook and guidance

• Will continue to support the real economy, focus on Five Priorities, and advance digital and AI transformation.

• Plans to optimize asset-liability structure, enhance risk management, and maintain stable NIM.

• Committed to prudent capital management and sustainable dividend policy, with interim cash dividend of RMB2.01 per 10 shares and payout ratio increased to 31%.