At its 2026 work conference, Industrial Bank Co.,Ltd. outlined key tasks and emphasized adhering to the principle of "seeking progress while maintaining stability, and improving quality and efficiency." The bank will focus on deepening industrial finance and building an intelligent bank to advance its value banking strategy.
The bank also stressed operating with expertise, further promoting refined management, and striving to build a more specialized team, an optimized evaluation system, more efficient resource allocation, and stronger capital management capabilities.
Following the start of the year, several adjustments involving deputy general managers and general manager assistants in various head office departments have taken place.
Du Yiqian, formerly Vice President of Industrial Bank Consumer Finance, has returned to the parent bank and is slated to assume the role of Deputy General Manager of the Retail Credit Department at the head office. Mr. Du previously held positions including General Manager of the Information Technology Department at the Xiamen Branch, Vice President of the Retail Business Department, and General Manager of the Retail Business Management Department at Industrial Bank. After joining the consumer finance subsidiary, he served as Director of the Market Department and Assistant to the President, before being promoted to Vice President in March 2023.
Established in December 2014 with a registered capital of 5.32 billion yuan, Industrial Bank Consumer Finance Company Ltd. is 66% owned by Industrial Bank. As of the end of June 2025, the consumer finance unit reported total assets of 81.539 billion yuan. For the first half of 2025, it achieved operating revenue of 4.56 billion yuan and a net profit of 868 million yuan. The retail credit business of Industrial Bank has also seen steady growth, with the balance of retail loans (excluding credit cards) reaching 15,409.78 billion yuan by the end of June 2025, an increase of 3.471 billion yuan from the end of the previous year.
Chen Hang, Deputy General Manager of the Funds Operation Center, is proposed for the position of Deputy General Manager of the Development Planning Department. Mr. Chen was appointed Assistant General Manager of the Funds Operation Center in October 2021 and promoted to Deputy General Manager in October 2023. The Funds Operation Center, a primary core department for the bank's interbank market activities, was officially established in Shanghai in October 2005. It was the first specialized funds operation institution among commercial banks in China to obtain a separate financial license. As of the end of June 2025, the center's asset scale reached 17,373.21 billion yuan.
Yu Fang, Deputy General Manager of the Development Planning Department, is proposed for the role of Deputy General Manager of the Human Resources Department.
Chen Jian, formerly Deputy Head of the Qingdao Branch, has been appointed Vice President of the Fujian Management Department at the head office. Mr. Chen served as Assistant Head of the Qingdao Branch in April 2022 and became Deputy Head in May 2024.
Lai Wei, Assistant to the President of the Fujian Management Department, is proposed for the position of Assistant to the President of the Party School. She previously served as Director of the General Management Office within the Fujian Management Department. The Fujian Management Department was established in May 2022, following a reorganization of the bank's former Fujian Business Headquarters. It is primarily responsible for coordinating and promoting the business development of the nine first-tier branches within Fujian Province.
Bu Yanjin, General Manager of the Guangzhou Office of the Audit Department, is proposed for the role of Deputy General Manager of the Administrative and Logistics Department at the head office. Mr. Bu previously held the position of Deputy Head of the Qingdao Branch and subsequently worked in the Xi'an and Guangzhou offices of the Audit Department.
Ye Xincai, Assistant General Manager of the Administrative and Logistics Department, is proposed for the position of Deputy General Manager of the Guangzhou Office of the Audit Department. Mr. Ye has previously worked in the Planning and Finance Department at the head office. The Audit Department, a first-tier management department headquartered in Fuzhou, maintains six offices located in Beijing, Shanghai, Guangzhou, Chengdu, Xi'an, and Shenyang. As the third line of defense for risk management, the audit function is responsible for conducting comprehensive audits and providing independent, focused, and forward-looking continuous audit supervision across all business segments of the group.
This round of personnel adjustments reflects a characteristic practice of job rotation between the head office, branches, and subsidiaries.
According to its official website, Industrial Bank implements a dual-track development model of "management + professional" for talent cultivation. It has established professional technical sequences in six major areas: technology, risk, funds, products, marketing, and operational support. Concurrently, talent pools such as "Honghu," "Kunpeng," and "Hongyan" have been set up. The bank regularly facilitates exchanges across regions, business lines, and institutions between north and south, east and west, and the head office and subsidiaries, aiming to accelerate talent growth through practical experience and clear career progression paths.
According to a preliminary performance report for 2025 disclosed this January, Industrial Bank demonstrated stable operations with progress. The bank achieved growth in both operating revenue and net profit for the year, with total assets surpassing a new threshold of 11 trillion yuan.
Data shows that as of the end of 2025, Industrial Bank's total assets reached 11.09 trillion yuan, an increase of 5.57% from the end of the previous year. Specifically, the total loan balance grew by 3.70% to 5.95 trillion yuan, while the total deposit balance increased by 7.18% to 5.93 trillion yuan.
In 2025, the bank reported operating revenue of 212.741 billion yuan, a year-on-year increase of 0.24%. Total profit reached 89.973 billion yuan, up 3.27% year-on-year. Net profit attributable to parent company shareholders was 77.469 billion yuan, representing a growth of 0.34%. Despite a narrowing net interest margin, Industrial Bank has maintained positive growth in both revenue and net profit for two consecutive years.
Asset quality remained stable. By the end of 2025, the bank's non-performing loan ratio stood at 1.08%, essentially unchanged from the end of the prior year. The provision coverage ratio was 228.41%, continuing at a relatively high level.
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