On March 27, BANKCOMM held its 2025 performance briefing. When discussing the bank's strategy and deployment for the upcoming five-year plan period, President Zhang Baojiang stated that it can be summarized as: one main line, four principles, three key tasks, and one foundation. He further explained that the main line involves adhering to a development path with Chinese characteristics, fully serving the real economy, and promoting high-quality growth. Regarding the four principles, Zhang noted that the first is to maintain continuity, anchor objectives, and build a world-class banking group with distinctive advantages. This goal, established during the previous five-year plan, will continue to be advanced. Second, the strategy must be future-oriented. All strategic planning should focus on the future—determining what actions to take now to secure national progress. The financial industry currently faces profound changes, including shifts in demographic and industrial structures, as well as impacts from digital transformation. These factors will significantly influence the sector. BANKCOMM aims to anticipate these trends and, based on that, enhance services in key national regions and industries. Third, priorities must be clearly defined. A strategy without focus is not a strategy. Strategic planning involves trade-offs between what to pursue and what to set aside. Moving forward, the bank will, based on its assessment of the situation, implement central government directives, leverage its own resource advantages, concentrate efforts, select optimal pathways, and emphasize key areas. A strategy cannot cover everything. Fourth, strategies must be actionable and systematically implemented. Execution is more critical than the strategy itself—the key lies in effective implementation. To achieve this, the bank will establish a scientific business and client structure, build a group-wide collaborative and efficient implementation system, and ensure the strategy is fully carried out across the organization. Concerning the three key tasks, Zhang indicated that the first is to more effectively serve national strategies and the real economy, focusing on five key areas. The second task is to enhance value creation capabilities. Amid China's national strategic initiatives, the bank will strengthen its ability to create value, strive to stabilize net interest margins, and improve profit resilience. The third task is to maintain risk controls to ensure steady and sustainable development. The successful implementation of all plans and tasks depends fundamentally on a solid client base. BANKCOMM's work and services must prioritize client and market satisfaction, which is crucial. The bank will advance its scientific development with long-term determination, addressing market needs and resolving challenges in client services. Internally, it will continuously strengthen products, services, channel networks, and system capabilities to better serve the broader economy and society. This will ensure that the blueprint for the next five-year plan is realized, translating into high-level organizational outcomes and high-quality development, ultimately delivering excellent performance and fostering harmonious progress.
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