On November 2, a financial frontline report stated that MINSHENG BANK (ASX: 01988) held its 2026 third-quarter results briefing today. Li Bin, Vice President and Board Secretary of MINSHENG BANK (SSE: 600016), presented the bank's performance for the first three quarters. According to her introduction, during the first three quarters, MINSHENG BANK focused on the work主线 of stabilizing growth, optimizing structure, strengthening foundations, and improving quality and efficiency, reinforced strategic execution, consolidated foundational customers, foundational products, foundational services, and foundational management, continuously optimized its business structure, steadily improved operational quality and efficiency, and demonstrated a positive trend of steady progress with quality improvement. In the first three quarters, the group achieved operating income of 110.6 billion yuan, a year-on-year increase of 1.88%, of which net interest income grew 4.95% year-on-year, while net fee and commission income declined 2.89% year-on-year; net profit attributable to shareholders of the bank was 24.3 billion yuan, a year-on-year decrease of 14.78%, primarily due to strengthened disposal of non-performing assets and increased provision charges year-on-year. She further stated that since the beginning of this year, MINSHENG BANK has achieved positive results in its business development, while also clearly recognizing the difficulties and challenges currently faced. Going forward, MINSHENG BANK will maintain strategic focus, strengthen strategic execution, coordinate the year-end operational wrap-up with long-term development, and drive the bank's high-quality development to a new level through improved service capabilities and management efficiency. The main work includes the following aspects: First, persistently pursue high-quality customer group management. Coordinate the deepening of existing customer relationships and the expansion of premium customers, fully consolidate operational responsibilities, deeply explore customers' full lifecycle financial needs, enhance customer stickiness and comprehensive contributions, and promote customer management from scale growth to a balance of scale and value. Second, focus on key businesses and cultivate high-quality growth drivers. Continuously deepen the settlement-plus strategy, strengthen the construction of settlement scenarios and full-amount customer fund management, and promote the accumulation of low-cost funds. Leverage the distinctive advantages of private enterprise financial services, deepen the development of supply chain finance, cross-border finance, and other key businesses, and enhance comprehensive financial service capabilities. Third, highlight the value creation orientation and improve refined management efficiency. Continuously improve the full-cost management system covering capital costs, risk costs, and financial costs, enhance input-output efficiency, and comprehensively advance quality improvement, efficiency enhancement, and cost reduction. At the same time, deepen the "One Minsheng" concept, strengthen integrated coordination, and enhance endogenous development momentum. Fourth, strengthen comprehensive risk management and consolidate the foundation for sound operations. Improve the comprehensive risk management system, strengthen the coordinated linkage of the three lines of defense, enhance risk management levels in key areas, increase efforts in the collection and disposal of non-performing assets, improve the quality and efficiency of risk resolution, and provide solid guarantees for the bank's high-quality development. "In the next stage, our bank will firm up development confidence, focus on key priorities, pragmatically supervise execution, repay the trust and support of our vast investors with more robust and sustainable operating performance, and create greater value for society and shareholders," Li Bin concluded.
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