On the evening of March 26, CBHB officially disclosed its 2025 annual performance. According to the annual report data, the bank achieved coordinated development in scale, profitability, and quality during the year, with both operating income and net profit maintaining a "dual growth" trend. Asset quality continued to improve, as both the non-performing loan balance and the non-performing loan ratio achieved a "dual decline."
A closer look at the annual report reveals that, in the process of advancing its "9531" development strategy, the bank's corporate banking business achieved remarkable results in its "lightweight" transformation. Transaction banking, through deep integration into industrial chain scenarios, has become a core engine driving high-quality development across the bank. Simultaneously, the "Five Key Areas," led by technology finance, achieved leapfrog development.
**I. Steady Improvement with Robust Growth in Scale and Profitability** Against the industry-wide backdrop of narrowing interest margins and profit pressures, CBHB's financial fundamentals demonstrated resilience in 2025. The themes of "stability" and "progress" were evident throughout the year, from the "steady progress" seen in the interim report to the "new level" achieved in the full-year results.
The annual report shows that in 2025, CBHB achieved operating income of 259.7 billion yuan, a year-on-year increase of 1.92%. Net profit reached 5.498 billion yuan, up 4.61% year-on-year. As of the end of December 2025, the bank's total assets amounted to 19.3441 trillion yuan, an increase of 4.91% from the end of the previous year, indicating steady expansion of its asset scale.
This dual growth was attributed to the bank's refined management of both assets and liabilities. On the liability side, the bank actively optimized its deposit structure and increased efforts to attract low-cost deposits. The average cost rate of deposits in 2025 decreased by 0.41 percentage points compared to the previous year. By the end of 2025, CBHB's net interest margin stood at 1.37%, stabilizing and increasing by 6 basis points from the end of the previous year.
While pursuing business development, CBHB continued to strengthen comprehensive risk management, embedding risk prevention and control throughout the entire business process. Asset quality continued to optimize. By the end of 2025, the bank's non-performing loan balance was 15.921 billion yuan, a decrease of 559 million yuan from the end of the previous year. The non-performing loan ratio dropped to 1.66%, down 10 basis points year-on-year. This dual decline in both the NPL balance and ratio signifies further resolution of historical burdens, effective control over the quality of new assets, and a strengthened risk resistance capacity.
**II. Deepening "Scenario Ecosystems," Transaction Banking Emerges as Core Engine** In 2025, CBHB's corporate banking business fully focused on its strategy of "Industry Banking, Transaction Banking, and Lightweight Banking." Among these, Transaction Banking, adhering to the development philosophy of "Industry as the Foundation, Scenarios as the Veins, Internal-External Integration, and Treasury Empowerment," deeply embedded financial services into various sectors of the real economy, becoming one of the most notable growth drivers for the bank.
The annual report indicates that by the end of 2025, the total annual transaction volume for CBHB's transaction banking business (both on and off-balance sheet) reached 11.3 trillion yuan. The business balance increased by 31% compared to the end of the previous year. Throughout the year, it drove corporate deposits to 321.129 billion yuan, an increase of over 45.4 billion yuan from the end of the previous year. Notably, the total annual international settlement volume exceeded 100 billion US dollars, an increase of nearly 50% year-on-year.
Behind these impressive figures lies the bank's comprehensive progress across multiple dimensions, including cross-border finance, domestic supply chain ecosystems, and treasury service solutions.
Firstly, facilitating dual circulation, the cross-border financial service ecosystem achieved another leap forward. In 2025, CBHB made continuous breakthroughs in cross-border financial infrastructure: it was officially approved as a direct participant in CIPS and successfully launched the Head Office-Branch model for FT accounts, marking a new stage of integrated free trade financial services. The report shows that, leveraging its "Bohin FT Connect" brand, the bank deeply engaged with cross-border customer segments, effectively driving corporate deposit growth by over 50 billion yuan. At the 5th Global Overseas Distributor Conference of a major appliance manufacturer, CBHB was the only financial institution invited to participate, where it customized comprehensive global supply chain financial solutions for partners from over 100 countries, providing a vivid example of the bank supporting manufacturing in reshaping global industrial chains.
Secondly, "chain-based" exploration of domestic scenarios ignited new vitality for industrial development. In 2025, CBHB deeply embedded financial services into various sectors of the real economy, continuously improved its "Bohin E-Chain" product portfolio, launched the "Easy Treasure Connect" series of products, and provided integrated services combining "settlement + financing + treasury management." The annual supply chain business disbursement approached 328 billion yuan.
Thirdly, deepening treasury empowerment to set new benchmarks for corporate treasury management. Last year, CBHB innovatively built a "5+" treasury service system, focusing on industrial operations and cross-border development, and seamlessly integrated financial services into daily settlement scenarios such as supply chains, payroll distribution, and expense control reimbursement. Data shows that in 2025, over 200 companies signed up for the service, covering 16 provinces and municipalities. The connection rate with state-owned enterprises in Tianjin reached 42%, and the annual settlement volume exceeded 171.6 billion yuan.
**III. Advancing with Innovation, Technology Finance Achieves Leapfrog Development** Since the Central Financial Work Conference explicitly called for focusing on the "Five Key Articles" – technology finance, green finance, inclusive finance, pension finance, and digital finance – CBHB has rapidly integrated the implementation of national strategies with the adjustment of its own asset structure. In 2025, the bank achieved leapfrog development in the areas of technology finance and green finance.
In technology finance, CBHB accelerated its efforts, precisely channeling resources to support new quality productive forces. By the end of 2025, the bank's loan balance to technology-based enterprises surged 52.2% year-on-year to 71.683 billion yuan. While continuously increasing credit supply, CBHB actively broadened direct financing channels for technology companies. It was among the first to issue 5 billion yuan in technology innovation bonds, specifically supporting business in the technology innovation sector, fully demonstrating the bank's determination and professional capability in providing "patient capital" to the innovation frontlines.
In the field of green finance, CBHB also delivered a standout performance. The annual report shows that the bank adhered to green development principles, deepening and refining its green financial services, with a focus on supporting the financial needs of green industries like clean energy. By the end of last year, the bank's green loan balance grew 36.77% year-on-year to 59.335 billion yuan.
Standing at the new starting point of its 20th anniversary and facing the upcoming "16th Five-Year Plan" journey, CBHB's robust 2025 report card vividly illustrates its magnificent transformation of "transforming development and revitalizing through quality." As CBHB Chairman Wang Jinhong stated in the annual report message, in the next phase, the bank will "make every effort to promote a fundamental leap in management from 'experience-driven' to 'mechanism-driven'." A more agile, nimble, and high-quality CBHB is poised for its next chapter.
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