CNPC Capital Company (000617) investor relations material

Executive summary

• Total assets reached ¥1,129.77 billion at year-end, up 4.21% year-over-year, maintaining trillion-level scale.

• Annual operating income was ¥33.80 billion, down 13.39% year-over-year, with net profit of ¥9.12 billion.

• Business model and main drivers remained stable, with continued focus on integrated financial services across banking, finance, leasing, trust, insurance, and asset management.

• Significant recognition for ESG, green finance, and industry innovation, with multiple awards and improved ratings.

Financial highlights

• Operating income: ¥33.80 billion, down 13.39% year-over-year.

• Net profit attributable to shareholders: ¥4.30 billion, down 7.57% year-over-year.

• Basic and diluted EPS: ¥0.34, down 8.11% year-over-year.

• Net assets attributable to shareholders: ¥104.59 billion, up 2.84% year-over-year.

• Cash flow from operations: -¥18.28 billion, a significant decrease from ¥5.93 billion last year.

• Gross margin for financial company and commercial bank segments increased slightly despite revenue decline.

Outlook and guidance

• 2026 macroeconomic outlook expects continued stable growth, with supportive fiscal and monetary policy.

• Focus on high-quality growth, digital transformation, risk management, and green finance.

• Strategic priorities include customer-centric service, value creation, risk control, and innovation in business models.

• Plans to optimize asset structure, control funding costs, and enhance non-interest income.