Chongqing Rural Commercial Bank (3618) investor relations material

Executive summary

• Achieved steady growth in the first half of 2026, with total assets up 7.35% to RMB1,788.7 billion (RMB1.79 trillion) and net profit rising 6.32% year-over-year to RMB8.34 billion.

• Operating income increased 7.78% year-over-year to RMB15.88 billion, driven by higher net interest income and robust expansion in core business areas.

• Maintained leading market positions in inclusive finance, corporate finance, and financial market business, with a focus on technology, green, and digital finance and scenario-driven strategies.

Financial highlights

• Net interest income rose 15.20% year-over-year to RMB13.53 billion, while net non-interest income declined 21.35% to RMB2.35 billion due to market conditions.

• Net fee and commission income increased 5.24% to RMB821 million, with agency and fiduciary service fees up 13.22%.

• Operating expenses decreased 2.16% to RMB3.99 billion, reflecting cost control and efficiency measures.

• Total assets reached RMB1,788.7 billion (RMB1.79 trillion), loans and advances to customers RMB844.75 billion (+5.95%), and deposits from customers RMB1,089.1 billion (+5.86%).

• Non-performing loan (NPL) ratio improved to 1.05% (down 0.03 percentage points from year-end 2025), with provision coverage at 357.47%.

• Basic and diluted EPS were RMB0.71, up from RMB0.67 year-over-year.

Outlook and guidance

• Expects continued pressure on net interest margin due to a low interest rate environment but aims to stabilize margins through asset-liability management and growth in high-quality assets.

• Plans to deepen digital transformation, expand scenario-based financial services, and strengthen risk control systems, focusing on technology, green, inclusive, pension, and digital finance.

• Asset quality expected to remain stable, with ongoing improvements in digital risk control and proactive management of non-performing assets.

• Focus remains on serving the real economy, supporting rural revitalization, and enhancing inclusive, green, and technology finance.