The year 2026 marks the beginning of the 15th Five-Year Plan period and is a pivotal year for CBHB to deepen its "9531" strategy and advance its transformation. In the first quarter, the bank's total assets surpassed the CNY 2 trillion threshold, reaching CNY 2.04 trillion, a 5.7% increase from the beginning of the year. Net profit stood at CNY 3.413 billion, a year-on-year increase of 9.79%. Behind this steady expansion in asset scale lies the continuous strengthening of profit resilience, the precise empowerment of the real economy by fintech, and the solid reinforcement of the risk control foundation. These three elements, progressing in layers, outline the internal logic of high-quality development.
**Dual Growth in Scale and Profit, Enhanced Resilience** In Q1, CBHB achieved operating income of CNY 8.13 billion, up 3% year-on-year, and a net profit of CNY 3.413 billion, a 9.79% increase. Net interest income was CNY 4.348 billion, a 4.69% rise. The cost-to-income ratio improved to 27.38%, down 0.59 percentage points year-on-year, further demonstrating the effectiveness of refined management. Cost control on the liability side also supported profit growth. Following a 41-basis-point decline in the average deposit interest rate for the whole bank in 2025, the rate continued to decrease in Q1 2026, effectively driving the growth of net interest income. The simultaneous improvement in asset scale and profitability continues the bank's steady development trend since last year. Market analysis suggests that CBHB has maintained good cost control and risk balance while expanding its scale, laying a solid foundation for its continuous provision of quality services to the real economy.
**Accelerated Transformation Momentum with Targeted Credit Allocation** On the asset deployment front, CBHB continues to concentrate credit resources in key national strategic areas. Data shows that as of the end of Q1, the bank's manufacturing loan balance was CNY 119.447 billion, an 8% increase from the beginning of the year. Loans to technology enterprises reached CNY 145.874 billion, up 8.62%. The growth rates of both these loan categories exceeded the bank's average loan growth, with funds primarily flowing to critical real economy sectors like advanced manufacturing and technological innovation.
In technology finance, CBHB focuses on the full lifecycle needs of science and innovation enterprises, cultivating four major ecosystems: funds, sectors, listed companies, and regions. It deepens the fund ecosystem, creating a linkage channel for "capital + industry + finance." It anchors itself in five core sectors, including artificial intelligence, advanced manufacturing, and new energy, while proactively exploring frontier fields like aerospace and quantum technology. It enhances full-chain services for listed companies to drive collaborative development across industrial chains. Centered on the Beijing-Tianjin-Hebei region, it delves into innovation hubs like the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area, creating regional service models. This "core leadership, multi-point support" structure underpins the leading growth rate of its technology loans.
In transaction banking, the bank has systematically implemented its "journey alongside production" philosophy. At the recent Global Finance Summit, Xu Jie, General Manager of the Head Office Transaction Banking Department, was invited to deliver a keynote speech as the first Chinese speaker at the summit. He noted that closely aligning with the strategies for opening-up and digital trade, CBHB has established an integrated cross-border service system comprising onshore, NRA, FT, and Hong Kong branch accounts. Simultaneously, it has positioned supply chain finance as the core engine of its strategic transformation, building the "Bo Yin E Chain" brand. Focusing on emerging industries like new energy, automotive, and electronic information, it pursues a deep-chain cultivation approach. In 2025, CBHB's supply chain business exceeded CNY 300 billion, a nearly 30% year-on-year increase, earning multiple accolades including the "Best Supply Chain Financial Innovation Bank Award." The robust development of transaction banking not only broadens sources of low-cost liabilities but also precisely channels financial resources to the upstream and downstream of industrial chains through "Bo Yin E Chain."
**Fortifying the "Lifeline" of Risk Control and Compliance to Safeguard High-Quality Growth** The breakthrough in asset scale and targeted credit allocation are inseparable from a solid foundation of risk control and compliance. In recent years, CBHB has diligently advanced the implementation of its "9531" strategy, comprehensively restructuring its three lines of defense in risk control. It has achieved centralized credit granting, platform-based loan disbursement, and digitalized early warning, unifying risk appetite and strengthening credit approval to ensure the rigid execution of risk policies from the source.
CBHB views data governance as the lifeline of intelligent risk control, establishing data asset catalogs and standards covering all business lines to enhance data usability, credibility, and consistency. It strengthens data security and compliant application, driving risk control from "experience dependence" to "intelligent decision-making." It promotes the organic integration of risk models with business strategies, ensuring model outcomes accurately reflect risk preferences and customer standards. Risk models are deeply coupled with risk control policies and approval processes, ensuring model decisions resonate with business development. A regular risk model review and feedback mechanism has been established, forming a full lifecycle management闭环 covering model development, validation, deployment, monitoring, and iteration. This continuously tracks model performance and, combined with economic changes and business feedback, drives ongoing model optimization to ensure the intelligent risk control system remains forward-looking and adaptable.
In 2025, the bank's self-developed "Intelligent Risk Control Report Project," the first to integrate an AI large model, was selected for the State-owned Assets Supervision and Administration Commission of the State Council Research Center's "Collection of State-Owned Enterprise Smart Decision-Making Practice Application Cases (2025)," receiving authoritative national-level recognition.
Concurrently, the bank is committed to building a "centralized, vertical, independent, and checks-and-balances" risk management architecture, implementing grid-based management to assign clear responsibilities to individuals. It adheres strictly to the operational principles of "common sense, logic, trends, systems, processes, and compliance," managing personnel effectively, maintaining robust defenses, and holding the bottom line to ensure risk control decisions withstand scrutiny against principles. A clear accountability mechanism is in place, fostering a risk control consciousness of "treading on thin ice" and a professional commitment to "doing well and succeeding" as employees' spontaneous behavioral norms.
CBHB stated that its next steps will continue to closely align with the core requirements of the financial sector's "Five Major Articles," persistently advance the "9531" development strategy, deepen reforms, and focus on practical transformation. On the foundation of solidifying the risk and compliance base to provide robust assurance for the bank's stable and long-term high-quality development, it aims to contribute more significantly to serving the high-quality development of the economy and society.
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