Bank Of Communications Co.Ltd(601328) : Bank Of Communications Co.Ltd(601328) announcement on serving the real economy and achieving high-quality development

Stock Code: Bank Of Communications Co.Ltd(601328) stock abbreviation: Bank Of Communications Co.Ltd(601328) No.: pro 2022007 Bank Of Communications Co.Ltd(601328)

Announcement on serving the real economy and realizing high-quality development

The board of directors and all directors of Bank Of Communications Co.Ltd(601328) (hereinafter referred to as " Bank Of Communications Co.Ltd(601328) " or "the company") guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

In 2021, the company resolutely implemented the decisions and arrangements of the CPC Central Committee and the State Council, earnestly implemented the "three tasks" of financial work, built a new development pattern closely around the complete and accurate implementation of new development concepts and services, comprehensively promoted epidemic prevention and control and business development, maintained and consolidated the development trend of "making progress while maintaining stability and improving quality" and achieved a good start in the 14th five year plan.

In 2021, the company actively played the role of the main force of the financial "national team" and adhered to the common development with the real economy. The total amount of financing supporting the real economy in the whole year exceeded trillion yuan, and the growth of investment loans to strategic emerging industries, green credit, inclusive small and micro enterprises and manufacturing industries exceeded the growth of all loans. Serving the national key regional strategy, the incremental loans in the Yangtze River Delta, Beijing Tianjin Hebei and Dawan District account for more than 60%. The amount of trade financing of domestic banks increased by 31.28% year-on-year. The annual growth rate of operating income is the highest in recent years, the profitability has been improved, the asset liability structure has been further optimized, the disposal of non-performing assets has been increased, and the asset quality has been steadily improved and strengthened.

As the only large state-owned commercial bank headquartered in Shanghai, focusing on the requirements of high-quality development, the company formulated and implemented the "14th five year plan", took serving the integrated development of the Yangtze River Delta as the driving demonstration, focused on the construction of "Shanghai home" and the construction of digital new bank of communications, took the lead in innovation and breakthrough, and built Inclusive Finance, trade finance, science and technology finance The four business characteristics of wealth finance will build and strengthen five professional abilities of customer operation, science and technology guidance, risk management, collaborative operation and resource allocation, so as to drive the high-quality development of the whole group. In 2021, the growth rate of loans in the Yangtze River Delta region was 14.41%.

In 2022, the company will continue to increase financial supply to key areas and weak links such as scientific and technological innovation, manufacturing, inclusive small and micro enterprises, rural revitalization, green and low-carbon, etc; Deeply integrate into the regional development of Shanghai and the Yangtze River Delta, carry out innovation in policies, systems, mechanisms and product processes, better meet the people's needs for a better life and serve the development of national key regions. From January to February, the company maintained a good credit supply, increased support for key areas such as manufacturing and strategic emerging industries, continued to serve the economic development of major regions of the country, strengthened risk control, made steady progress in business development and achieved a good start.

It is hereby announced

Bank Of Communications Co.Ltd(601328) board of directors March 10, 2022

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