China Minsheng Banking (600016) investor relations material

Executive summary

• Achieved steady growth in total assets, reaching RMB 7.87 trillion, up 0.74% from year-end 2024.

• Operating income for the first nine months rose 6.74% year-over-year to RMB 108.51 billion, while net profit attributable to shareholders declined 6.38% to RMB 28.54 billion.

• Strategic focus on optimizing asset-liability structure, risk control, and high-quality development, with notable advances in digital, green, and inclusive finance.

Financial highlights

• Net interest income increased 2.40% year-over-year to RMB 75.51 billion for the first nine months.

• Non-interest income grew 18.20% year-over-year, with fee and commission income up 0.70%.

• Net profit attributable to shareholders for Q3 was RMB 7.16 billion, down 10.61% year-over-year; for the first nine months, RMB 28.54 billion, down 6.38%.

• Basic and diluted EPS for the first nine months was RMB 0.59, down 1.67% year-over-year.

• Operating cash flow turned positive at RMB 46.06 billion, compared to negative RMB 194.60 billion last year.

Outlook and guidance

• Management emphasizes continued focus on high-quality growth, risk control, and digital transformation.

• Plans to further strengthen core business, optimize structure, and enhance customer acquisition and service efficiency.