On the evening of April 26, Bank of Guiyang released its 2023 annual report and 2024 first quarter report. According to the report, the bank's assets exceeded 700 billion yuan for the first time at the end of March this year, and the position of the largest financial institution in Guizhou Province was further consolidated. 2023 is the first year for the full implementation of the spirit of the 20th National Congress of the Communist Party of China, Bank of Guiyang has not forgotten its original aspiration of finance, maintained its strategic focus, always adhered to the political and people's nature of financial work, strived to open up a more sustainable and distinctive path of high-quality development, and promoted the steady development of various operations and management.

According to the data, as of the end of 2023, the bank's total assets were 688.068 billion yuan, an increase of 6.51% from the beginning of the year, reaching 723.944 billion yuan at the end of March 2024, the total loans were 324.041 billion yuan, an increase of 13.58% from the beginning of the year, and the total deposits were 400.220 billion yuan, an increase of 4.32% from the beginning of the year. The operating income for the year was 15.096 billion yuan, the net profit attributable to shareholders of the parent company was 5.562 billion yuan, and the basic earnings per share was 1.45 yuan, and the operating efficiency remained stable. The non-performing loan ratio was 1.59%, the provision coverage ratio was 244.50%, the loan-to-provision ratio was 3.90%, and the forward-looking indicators of asset quality such as the overdue rate and the ratio of loans overdue for more than 90 days to non-performing loans were improved. The capital adequacy ratio was 15.03%, the Tier 1 capital adequacy ratio was 12.90%, and the core Tier 1 capital adequacy ratio was 11.84%, up by 0.87, 0.88 and 0.89 percentage points respectively from the beginning of the year.

In recent years, Guizhou's economy has shown a good growth trend, and at the same time, Guizhou Province has seized the historical opportunity of the National Development [2022] No. 2 Document to support Guizhou to blaze a new trail in the development of the western region in the new era, promote the continuous optimization of the economic structure, accelerate the transformation of growth momentum, and achieve effective qualitative improvement and reasonable quantitative growth of the economy. The rapid development and vigorous construction needs have provided a good business environment and growth space for the development of the local financial industry. As a local legal entity, relying on the high-quality economic development and strong policy support of Guizhou Province, Bank of Guiyang has taken the initiative to integrate its own development into the overall situation of local development, closely followed the regional strategic planning, focused on the real economy and people's livelihood and well-being, identified the right point of force, matched financial resources in an all-round way, and embarked on a high-quality development path that resonates with the local economy at the same frequency, and embarked on a characteristic development path of small and medium-sized banks.

Financial assistance writes a new chapter in the colorful modernization of Guizhou

At present, the Guizhou Provincial Party Committee and the Provincial Government are uniting and leading the people of all ethnic groups in the province to work hard and write a new chapter in the practice of Chinese-style modernization in Guizhou. Bank of Guiyang took the initiative to shoulder the responsibility and mission, and found the right fit point from the province's main strategy of focusing on the "four new" and "four modernizations" and the main positioning of "four districts and one highland", so as to build a modern industrial system with Guizhou characteristics and an important position in the national industrial pattern, and promote the colorful modernization of Guizhou with the strength of the whole bank.

Industrialization is an insurmountable stage in the realization of modernization. At present, the province is focusing on industry and industry, focusing on building "six industrial bases" and "3533" key industrial clusters, compiling "one map and three lists", and vigorously promoting "rich ore mining", and the favorable factors for the high-quality development of Guizhou's new industrialization are accelerating the agglomeration. Bank of Guiyang issued and implemented policy documents such as the "Implementation Opinions on Financial Support for the High-quality Development of New Industrialization" to establish and improve a long-term mechanism for the high-quality development of new industrialization of financial services, providing a specific implementation path for the effective combination of Bank of Guiyang's support for new industrialization and the strategic transformation of the whole bank during the "14th Five-Year Plan" period.

Focusing on the diversified and differentiated financial service needs of industrial enterprises, Bank of Guiyang actively innovates financial products and services mechanisms, and makes good use of various financial resources under the premise of legal compliance and controllable risks. For many years, we have carried out the "Year of Financial Services for Manufacturing" to promote financial empowerment to strengthen the manufacturing chain, continuously expand the scale of credit business financing, and carry out project loans and working capital loan support for qualified industrial enterprises; use the supply chain channels of large industrial enterprises to serve upstream and downstream small and medium-sized enterprises through the trade finance product "Shuangrong Chain", so as to improve the level of financial services in the industrial chain, broaden the guarantee methods, and explore the loan risk compensation fund pool and industrial loan guarantee model for industrial enterprises to achieve "1+1> As of the end of 2023, the balance of loans from Bank of Guiyang to the province's new industrialization field was 30.478 billion yuan, an increase of 21.31% from the beginning of the year.

It is a major strategic measure for Guizhou to promote new industrialization by developing new productive forces according to local conditions and implementing "rich ore intensive development" to shape new kinetic energy. Guizhou has many kinds of minerals, wide distribution, large reserves and excellent grade, and has discovered 137 kinds of minerals, among which the reserves of manganese, phosphorus and aluminum resources rank among the top 3 in the country, and the reserves of 49 kinds of mineral resources rank among the top 10 in the country. At present, the province focuses on resources to promote the "fine development of rich ore", and better transform the advantages of mineral resources into industrial advantages and economic advantages. Based on the province's industrial foundation and resource endowment, Bank of Guiyang connects the resources of the "3533" key industrial clusters and the "one map and three lists" of leading industries, systematically sorts out the list of mining projects in the province, focuses on 23 minerals such as coal, phosphorus, aluminum, manganese and lithium, actively supports the upgrading of the intensive processing industry of mineral resources and traditional industries, and helps the construction of important resource intensive processing bases and new comprehensive energy bases in the country.

With the two major phosphorus chemical industry bases of Guiyang Gui'an and "Kaiyang-Xifeng" and "Weng'an-Fuquan" as the core, the production capacity of battery-grade iron phosphate, lithium iron phosphate, battery-grade ammonium phosphate, wet purification phosphoric acid and other phosphorus-based new energy battery raw and auxiliary materials in Guizhou Province continues to be released, and the annual output of 400,000 tons of wet purified phosphoric acid project of Guiyang Fertilizer Company, a key customer of Guiyang Bank, was put into operation in the second half of last year. Up to now, the group's annual production capacity of wet purified phosphoric acid has reached 2 million tons, ranking first in the country. In recent years, Bank of Guiyang has granted a total of more than 5 billion yuan of credit to support Kai Phosphorus Group to promote the transformation and upgrading of the phosphorus chemical industry, continue to serve customers, and fully reflect the value of "Guizhou Phosphorus" to serve the major national strategy.

Urbanization is the only way to modernization, the province focuses on the implementation of the "strong provincial capital" action, Zunyi to build a provincial sub-center, Bijie to build a demonstration area for the implementation of the new development concept, and optimize the "group of three belts" urban spatial pattern. With a dense service network covering 9 cities (prefectures) and 88 counties in the province, Bank of Guiyang vigorously supports the implementation of regional strategic layout. In the in-depth promotion of the strategic action of "strengthening the provincial capital", the bank seized major opportunities such as the construction of Guiyang Gui'an's new industrial industry development system and the urban pattern of "one core, three centers and multiple groups", and focused on supporting Guiyang Gui'an to strengthen its economic functions, vigorously develop industries with comparative advantages such as digital economy, new energy vehicle batteries and materials, and advanced equipment manufacturing, and give priority to credit resources to Guiyang Gui'an's "1+7+1" key industrial industries, "1+5+8" park main and special industries, and "one circle, two fields and three reforms" As of the end of 2023, the balance of loans in the "strong provincial capital" sector of the Bank was RMB126.543 billion, an increase of 15.06% from the beginning of the year.

With the in-depth promotion of tourism industrialization, the landscape of Guizhou has made the golden signboard of colorful Guizhou brighter and brighter. During the two sessions of the National People's Congress this year, Guizhou's "Huang Xiaoxi Dinner" has become a hot word, and the "Huang Xiaoxi" composed of Huangguoshu Waterfall, Libo Xiaoqikong, and Xijiang Thousand Miao Villages, Chishui Danxia, Xingyi Wanfeng Forest, and Tongren Fanjing Mountain have become homophonic "Dinner", and Guizhou's tourism fist products have made a stunning appearance. These famous scenic spots have the financial services of Guiyang Bank, the bank around the scenic area tourism infrastructure construction, scenic supporting construction, ecological and cultural industry poured a large amount of financial resources, but also take the initiative to move forward, financial services to the scenic spot project "doorstep", for its design financing program, to solve financing problems, to drive the development of the surrounding tourism reasonable revitalization of assets, enhance tourism to economic and social development of the driving force and contribution.

Over the years, Bank of Guiyang has taken financial empowerment of cultural tourism "out of the circle" as an important measure to promote the integration of its retail transformation and tourism economy. By continuously exploring new mechanisms, new models and new spaces of retail finance, focusing on the core areas of cultural and tourism consumption such as "clothing, food, housing, transportation and entertainment", expanding the coverage of special merchants such as scenic spots, amusement parks, tourism, and movie viewing, and supporting the development and upgrading, integration and innovation, and brand building of Guizhou's cultural and tourism industry. As of the end of 2023, Bank of Guiyang's retail AUM2466 was 150 million yuan, an increase of 16.718 billion yuan, an increase of 7.27%. Retail deposits achieved "volume and price coordination", with the scale increasing by 11.52% over the end of the previous year, and the interest payment cost decreased by 24 bps in the past three years, creating more space for reducing the financing cost of the real economy. Credit cards continued to improve the card use environment, with a total of 1,663,600 cards issued by the end of 2023, with a credit balance of 6.689 billion yuan. The total number of retail customers exceeded 12 million, with an average of 1 in 3 Guizhou people being a customer of Bank of Guiyang, making it the preferred master account bank trusted by local residents.

Do a good job in the "five major articles" to serve the high-quality development of the local economy

The Central Financial Work Conference put forward the important goal of building a financial power, emphasizing that finance should provide high-quality services for economic and social development, and do a good job in science and technology finance, green finance, inclusive finance, pension finance, and digital finance, which provides a guide for China's financial work in the future. The Party Committee of Guiyang Bank proposed in the annual business guidance that it is necessary to deeply understand and accurately grasp the great significance and fundamental requirements of the "five major articles", firmly maintain strategic concentration, pay more attention to the characteristic development based on its own endowment, and focus on systematic planning to do a good job in the "five major articles", seize the opportunity in the new track, make long-term contributions, and be a new force to serve the real economy.

Doing a good job in the "five major articles" is related to the self-reliance and self-improvement of science and technology, and science and technology finance is an important help. In order to solve the "pain points" and "difficulties" in the financing of technology-based enterprises in long-term practice, Bank of Guiyang broke the traditional credit model, incorporated the scientific and technological innovation ability and intellectual property soft power of enterprises into the evaluation system, launched special loans for "specialized, special and new" enterprises, expanded supply chain financing channels, activated the vitality of upstream and downstream enterprises in the scientific and technological innovation industry, and strived to solve the financing difficulties and expensive practical problems faced by growing technology-based small and medium-sized enterprises due to insufficient support from the credit rating system and lack of effective collateral. As of the end of 2023, the balance of the bank's loans to technology-based enterprises was 13.897 billion yuan, an increase of 20.03% from the beginning of the year.

With the Bank of Guiyang and other local financial institutions actively participating in the construction of Guizhou's ecological civilization construction pilot zone and Gui'an green finance reform and innovation pilot zone, Guizhou Province's "green protection" system is gradually improving, the "greening" mechanism is becoming more and more perfect, and the "realization" chain is becoming more and more mature, and economic development and ecological environmental protection are advancing in tandem. In terms of the development of green finance, Bank of Guiyang proposed to build a "green ecological characteristic bank" to promote the connection between the institutional and mechanism advantages of green finance and the advantages of policy products and the good ecological resource endowment of Guizhou Province from the group level. It has built a green financial product system covering green credit, green bonds, green leasing, etc., and continued to accumulate experience in the definition of green project standards, information disclosure, green project risk management, data accumulation, etc., so as to build a "green finance +" brand with the characteristics of Bank of Guiyang.

In March this year, Bank of Guiyang successfully issued 3 billion yuan of green financial bonds, and as early as 2018, the bank successfully issued the first 5 billion yuan green financial bonds in Guizhou Province, filling the gap in the province's green financial bond market. In order to better serve the development of the green economy, Bank of Guiyang and its holding subsidiary, Guiyang Guiyin Financial Leasing Co., Ltd., have strengthened business synergy, built a sound and efficient investment and financing system, steadily expanded the scope of green financial services, and formed a good brand effect. As of the end of 2023, the bank's green loan balance exceeded 30 billion yuan, and the green lease principal of subsidiaries accounted for more than half of the total lease principal, ranking among the top in the industry.

Inclusive finance is related to thousands of households and people's livelihood and well-being, and finance should adhere to the people's first and achieve common progress with people's livelihood and the public. In the process of practicing the original intention of "finance for the people", Bank of Guiyang has continuously improved the inclusive financial service system and broadened the breadth and depth of inclusive finance. We will continue to improve the professional organizational structure, set up inclusive financial operation and management institutions in the head office and first-level branches, implement the "20 Articles" of the private economy in a practical and detailed manner, improve the service system of daring to lend, can lend, and are willing to lend, and further sink financial services to long-tail market entities such as individual industrial and commercial households, rural households, and new citizens, and launch a "package" of preferential policies for enterprises, and develop and promote the "tax source e-loan" of "tax credit" and the "tobacco e-loan" with pure credit and no collateral , to support small and micro enterprises and individual industrial and commercial households, such as "entrepreneurial guarantee loans" and personal credit "quick loans", accurate and powerful inclusive financial services are entering thousands of industries and households. With the higher availability of loans, lower financing costs, and more warm financial services, more and more financing entities choose Guiyang Bank, and the proportion of the bank's inclusive financial loan balance in the bank's loan balance has steadily increased year by year, with nearly 40,000 inclusive financial loan customers, and the weighted average interest rate of newly issued inclusive small and micro loans has decreased by 32 bps compared with the previous year, increasing the preferential treatment of small and micro enterprises, further saving enterprise costs, and caring for the foundation of the real economy.

Under the situation of population aging, the development of the silver economy is of great significance to promote high-quality development, which is beneficial to both the present and the long-term. In the face of the new situation and new tasks of high-quality development, Bank of Guiyang's services not only stop at "whether there is any", but also pay attention to "whether it is good or not". The bank closely integrates the retail business with the implementation of the national development strategy, and vigorously deploys pension finance. On the one hand, the bank has continuously improved its services and equipment for the elderly, continuously optimized online channels, carried out financial knowledge promotion for the elderly, and kept close contact with elderly customers to continuously improve the level of services for the elderly. A few days ago, the bank's first phase of the "Shuangshuang Silver Hair Class" was piloted in Qixing sub-branch, and the diversified needs of the "silver hair" customer group have been further concerned and achieved good social effects in the local area. On the other hand, actively extend the service contact points of the pension financial industry, through the development of more refined demand stratification in the aging stage, explore and match personalized and professional exclusive products, and gradually form a differentiated pension financial service system to meet the needs of different customer groups in the accumulation of pension wealth and wealth management. The bank will also strengthen cooperation with insurance, funds and other relevant parties, integrate customer resources, connect pension financial service channels, and respond to people's expectations and demands with professionalism and temperature.

The "Five Major Articles" take data as a key factor of production and systematically plan the development of the new economy. Guizhou's development of the digital economy is at the right time, the province's digital economy growth rate has remained at the forefront of the country for eight consecutive years, and Gui'an New Area has become one of the regions with the largest number of ultra-large data centers in the world. The digital economy seized new opportunities, and Bank of Guiyang took advantage of the situation. As early as 2016, the bank put forward the goal of building a "big data characteristic bank", and over the years, through the layout of digital operation, management and operation, it has accelerated the formation of a "big data-driven, omni-channel linkage" development model, further promoted the deep integration of data elements and management, risk control, channels and products, and achieved strong exploration in empowering digital operation, digital operation, digital management and digital capacity building, and independently developed the "retail data analysis application platform" Selected as the 2023 Banker Fintech Innovation Outstanding Case. In addition, the bank has also continued to increase credit investment in local information technology service industry clusters, and accompanied innovative enterprises such as Aerospace Technology, Guizhou on the Cloud, and Anda Technology and Energy to continue to grow and move forward. Today, Hangyu Technology has developed into an industry-leading manufacturer of ring forgings and the first listed company registered on the Science and Technology Innovation Board in Guizhou. Anda Technology Energy will be listed on the Beijing Stock Exchange in 2023, becoming the first company in Guizhou to be listed on the Beijing Stock Exchange.

Deeply cultivate the fertile soil of "three rural" and draw a new picture of rural revitalization

The popularity of "Village Super" and "Village BA" has shown the world the infinite vitality of colorful Guizhou and Hemei villages. Behind the "super economy" is the new development format of the integration and promotion of ethnic culture, special cuisine and local industries in Guizhou and Guizhou, which is a "silhouette" of Guizhou in consolidating and expanding the achievements of poverty alleviation and comprehensively promoting rural revitalization.

Guiyang Bank adheres to the fine tradition of the national advanced collective in poverty alleviation, takes consolidating and expanding the achievements of poverty alleviation and promoting rural revitalization as an important political task, adheres to high-level promotion and precise policy, and formulates the "Opinions on the Rural Revitalization Strategy of Financial Services", which sets up the "four beams and eight pillars" of Guiyang Bank's financial service rural revitalization from stage goals to key tasks and policy supply.

"Bringing financial services into the homes of the people and introducing financial water into the fields" is the practical action of Guiyang Bank based on its own positioning. Focusing on the province's "Ten Counties, 100 Townships and 1000 Villages" project, Bank of Guiyang has set up more than 2,000 rural inclusive financial comprehensive service points in rural areas of the province through the "Rural Finance +" model with key townships as the center, combined with key agriculture-related industries in various regions, and fully relying on its geographical advantages, so as to provide customers in rural areas with professional financial services with wide coverage, high accessibility, simplicity and convenience. In 2023, a total of 1,923,800 convenient services will be provided to rural households in 2,247 rural inclusive financial comprehensive service points in the province, deeply rooting financial services in rural areas. In order to do a solid job in the "second half of the article" of rural revitalization, the bank strictly implemented the requirements of the "four no-picks" for village assistance, selected and sent party members and cadres to rural areas to serve as village cadres, and promoted financial human resources to sink into rural areas and serve rural areas, which was highly recognized by party committees and governments at all levels and the masses.

Improving the level of rural industry development is one of the key points of the Central Rural Work Conference and the 2024 Central Document No. 1 to promote the "three improvements" of comprehensive rural revitalization. Guizhou Province has done a good job in "local specialties" around 12 characteristic and advantageous industries, and built characteristic industrial villages and professional towns with the ideas of "one county, one industry", "one township, one special" and "one village, one product", so as to solve the problem of weak rural industries. Bank of Guiyang adheres to the system view, adheres to the theory of superiority, and works industrial ecology and ecological industrialization. Focusing on the modern agricultural development system and model integrating production, supply and marketing, combined with the characteristics of Guizhou's mountainous agriculture, it comprehensively integrates funds and gathers industrial projects in financial services such as planting and breeding, intensive processing, product sales and circulation, and gathers the growth energy of characteristic industrial clusters. As of the end of 2023, the balance of the bank's agriculture-related loans was 153.723 billion yuan, an increase of 14.41% from the beginning of the year. Zunyi red sorghum, Zhenning bee sugar plum, southwest Guizhou barley rice, Wanshan fragrant pomelo, Huaxi ecological tea, Majiang blueberry and other fresh industries, making the fields greener, the countryside more beautiful, a picture of industrial prosperity, people rich, ecological beauty slowly unfolded.

Bank of Guiyang will continue to focus on the "12345" strategic idea of "one overall control, two bottom lines, three strategies, four engines, and five key tasks", shape new advantages for development, integrate into the new pattern of development, and strive to build a modern commercial bank with more perfect corporate governance, more sound internal risk control, more prominent operation quality and efficiency, more powerful talent support, more stable market position and more far-reaching brand influence, so as to achieve "the vanguard of listed city commercial banks in western China" and "the vanguard of listed city commercial banks in western China" and " Guizhou's important contributor to the new development", striding forward on the new journey of building a "century-old good bank"!