In a New Year special feature by the Shanghai Securities News, Bank Of Nanjing Co.,Ltd. Chairman Xie Ning delivered his New Year's address. He stated that 2025 marks the concluding year of the "14th Five-Year Plan" and is a critical year of intensive effort and practical action for the high-quality development of Bank Of Nanjing Co.,Ltd. in the new era. From Xie Ning's perspective, the bank's development quality in "striving for progress" has been further highlighted, its development momentum in "advancing with innovation" has been strengthened, and its development space in "climbing to new heights" has been further expanded, resulting in a new report card of high-quality development. His words conveyed full affirmation of the bank's achievements. Having steered Bank Of Nanjing Co.,Ltd. for two years, Xie Ning has already elevated the bank to a new level. By the end of 2025, Bank Of Nanjing Co.,Ltd.'s total assets exceeded 3 trillion yuan, reaching 3,022.424 billion yuan, an increase of 16.63% from the end of the previous year. The growth of Bank Of Nanjing Co.,Ltd.'s assets has accelerated. Compared to 2024, its total asset growth rate was 13.25%. As a fellow city commercial bank in the Yangtze River Delta, Bank Of Nanjing Co.,Ltd. closely follows the scale of Bank Of Ningbo and Bank of Shanghai, yet a gap remains. By the end of 2025, Bank Of Ningbo's asset scale had surpassed 3.6 trillion yuan. Looking ahead to 2026, Bank Of Nanjing Co.,Ltd. approaches the critical milestone of its "thirty-year establishment." Lying before Xie Ning are several new challenges. After surpassing the 3 trillion yuan mark, the key issues are how to sustain profitability, maintain the continuous growth of deposits and loans, and how to preserve high asset quality. In terms of profitability, for 2025, Bank Of Nanjing Co.,Ltd. achieved operating revenue of 55.540 billion yuan, a year-on-year increase of 10.48%, and realized a net profit attributable to shareholders of the parent company of 21.807 billion yuan, up 8.08% year-on-year. Basic earnings per share were 1.76 yuan per share, a decrease of 3.83% compared to the previous year. When compared to 2024, the bank's year-on-year growth rates for operating revenue and net profit attributable to shareholders of the parent company were 11.32% and 9.05% respectively, both outperforming the 2025 figures. Regarding deposit and loan scale, in 2025, the bank's total deposits amounted to 1,670.789 billion yuan, an increase of 11.67% from the end of the previous year, while total loans reached 1,424.356 billion yuan, growing by 13.37% from the end of the prior year. By the end of 2025, the bank's corporate deposits and corporate loan placements had increased simultaneously, with both scales stabilizing above the one trillion yuan mark. However, compared to 2024, the growth rate of Bank Of Nanjing Co.,Ltd.'s loan scale narrowed slightly. That year, the bank's total loans were 1.25 trillion yuan, representing a year-on-year increase of 14.31%. In terms of asset quality, as of the end of 2025, the bank's non-performing loan (NPL) ratio stood at 0.83%, unchanged from the previous year, while the loan loss provision coverage ratio was 313.31%, a decrease of 21.96 percentage points from the end of the prior year. Bank Of Nanjing Co.,Ltd.'s NPL ratio has consistently remained at a relatively low level within the industry; consolidating this trend is a key proposition for its asset quality management. The bank's loan loss provision coverage ratio has now declined for three consecutive years. In 2023 and 2024, this ratio fell by 36.62 percentage points and 25.31 percentage points, respectively. Support from shareholders has provided Bank Of Nanjing Co.,Ltd. with confidence for its forward development. Recently, Bank Of Nanjing Co.,Ltd. received notification that its major shareholder, Zijin Group, and its controlled subsidiary, Zijin Trust, increased their shareholding by 123 million shares, representing 1.00% of the bank's total shares, using their own funds during the period from September 11, 2025, to January 12, 2026. Consequently, the combined shareholding ratio of Zijin Group and its controlled subsidiary Zijin Trust increased from 13.02% to 14.02%. The reason cited for the share increase was confidence in the future development of Bank Of Nanjing Co.,Ltd. and recognition of its value growth. Based on Bank Of Nanjing Co.,Ltd.'s closing price of 10.42 yuan per share on January 22, this share purchase amounts to over 1.28 billion yuan. For some time, shareholder support for Bank Of Nanjing Co.,Ltd. has been substantial. It was previously noted that according to the 2025 interim report, among the 29 directors, supervisors, and senior managers of Bank Of Nanjing Co.,Ltd., 11 are directors. Of these, 5 are shareholder directors, accounting for nearly half. These five shareholder directors are Yang Bohao, Chen Zheng, Chen Yunjiang, Xu Yimin, and Liao Dingjin, representing BNP Paribas, Nanjing Zijin Investment Group, Jiangsu Transportation Holdings Co., Ltd., Nanjing GaoKe, and Happy Life Insurance, respectively. Not long ago, Bank Of Nanjing Co.,Ltd. added another shareholder director, Wang Houyin from Eastern Airport Group, who also joined the board of directors, bringing the total number of shareholder directors to six.
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