Securities code: Bank Of Qingdao Co.Ltd(002948) securities abbreviation: Bank Of Qingdao Co.Ltd(002948) Announcement No.: 2022021 Bank Of Qingdao Co.Ltd(002948)
Summary of 2021 Annual Report
1、 Important tips
1. The summary of this annual report comes from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should go to cninfo.com（ http://www.cn.info.com.cn./ ）Read the full text of the annual report carefully. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the bank guarantee that the summary of this annual report is true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 3. The 11th meeting of the 8th board of directors of the bank was held on March 25, 2022, which considered and adopted the proposal on Bank Of Qingdao Co.Ltd(002948) 2021 annual report, summary and performance announcement. There were 15 directors who should attend and 15 directors who actually attended (including 1 director who was entrusted to attend. Due to other work arrangements, Mr. Liu Peng entrusted Ms. LV LAN to attend and vote on behalf of him).
4. Mr. Guo Shaoquan, the chairman of the bank, Mr. Wang Lin, the president and Mr. Meng Dageng, the chief financial officer, declare that they guarantee the authenticity, accuracy and completeness of the financial report in the annual report.
5. The 2021 financial statements prepared by the company in accordance with the Chinese accounting standards for business enterprises have been audited by KPMG Huazhen Certified Public Accountants (special general partnership) and issued a standard unqualified audit report; The 2021 financial statements prepared in accordance with international financial reporting standards have been audited by KPMG and issued an unqualified audit report.
6. Unless otherwise specified, the currency of the amount stated in the summary of this annual report is RMB.
7. The profit distribution plan considered and approved by the board of directors of the bank is: Based on the total shares on the date of equity distribution registration, distribute cash dividends of RMB 1.60 (including tax) to all ordinary shareholders for every 10 shares, and do not send bonus shares or convert provident fund into share capital. The profit distribution plan will be submitted to the general meeting of shareholders of the bank for deliberation.
8. The summary of this report contains several forward-looking statements on the company’s financial situation, operating performance and business development. In the summary of the report, the words “will”, “may”, “effort”, “plan”, “Hope”, “strive”, “expect”, “target” and similar words are used to express the forward-looking statement. These statements are based on the current plans, estimates and forecasts. Although the company believes that the expectations reflected in these forward-looking statements are reasonable, the company cannot guarantee that these expectations will be realized or will be proved to be correct. Therefore, these statements do not constitute the substantive commitments of the company. Investors and relevant persons should maintain sufficient risk awareness and understand the differences between plans, forecasts and commitments, We should not rely too much on them and pay attention to investment risks. Please note that these forward-looking statements are related to future events or the future financial, business or other performance of the company, and are affected by a number of unclear factors that may lead to significant differences in actual results.
9. The company has described in detail the main risks and Countermeasures in the full text of the annual report. For details, please refer to the relevant contents of risk management in the full text of the annual report “management discussion and analysis”.
2、 Basic information of the bank
1. Introduction to the bank
Abbreviation of A-share securities Bank Of Qingdao Co.Ltd(002948) A-share securities code Bank Of Qingdao Co.Ltd(002948)
A-share listed stock exchange Shenzhen Stock Exchange
H share abbreviation Bank Of Qingdao Co.Ltd(002948) H share code 3866
H-share listed stock exchange Hong Kong Stock Exchange Limited
Overseas preferred shares are abbreviated to BQD 17usdref, and the code of overseas preferred shares is 4611
Overseas preferred stock exchange Hong Kong Stock Exchange Limited
Contact person and contact information secretary of the board of directors securities affairs representative
Name: LV LAN, LV Zhenzhen
Office address: No. 6, Qinling Road, Laoshan District, Qingdao, Shandong, China No. 6, Qinling Road, Laoshan District, Qingdao, Shandong, China
Fax + 86 (532) 85783866 + 86 (532) 85783866
Tel + 864006696588 turn 6 + 864006696588 turn 6
E-mail [email protected]. [email protected].
2. Main businesses of the bank during the reporting period
The bank was founded in November 1996 and headquartered in Qingdao, Shandong Province. Its predecessor was Qingdao City cooperative bank and Qingdao commercial bank. After years of accumulation, the bank has continuously improved its corporate governance, risk control and it construction, and has formed the development characteristics of “perfect governance, warm service, solid air duct and excellent science and technology”. In December 2015, the bank’s H shares were listed on the Hong Kong Stock Exchange; In January 2019, the bank’s A-Shares were listed on Shenzhen Stock Exchange.
The bank mainly provides customers with services and products such as corporate and personal deposits, loans, payment and settlement. Driven by the development of retail banking, corporate banking and financial market, the bank forms a solid customer base and shapes a new financial business model with distinctive characteristics and high-quality development. The bank’s business development is based on Qingdao and radiates Shandong. At the end of the reporting period, there were 16 branches and 166 business outlets in major cities of Shandong Province, such as Jinan, Yantai and Weihai. There are two subsidiaries of the bank. In February 2017, the bank initiated the establishment of Qingdao Qingyin Financial Leasing Co., Ltd., with the bank holding 51%; In September 2020, the bank initiated the establishment of Qingyin Financial Management Co., Ltd., which is wholly owned by the bank.
At the end of the reporting period, the number of employees of the bank exceeded 4000. At the end of the reporting period, the total assets of the company were 522.25 billion yuan, the total liabilities were 488922 billion yuan, the capital adequacy ratio was 15.83%, and the non-performing loan ratio was 1.34%, a decrease of 0.17 percentage points over the end of the previous year. During the reporting period, the accumulated net profit was 2.993 billion yuan, an increase of 22.01% over the same period last year.
3. Main accounting data and financial indicators
(1) Main accounting data and financial indicators in recent three years
The financial data and indicators contained in the summary of this annual report are prepared in accordance with the Chinese accounting standards for business enterprises. Unless otherwise specified, they are the consolidated data of the company.
The year 2021 to 2020 is higher than that of 2019 of the previous year
Change rate of operating performance (RMB thousand) (%)
Net interest income 76456258146531 (6.15) 6846055
Net non interest income 3490392239413045.792770260
Operating income 11136017105406615.659616315
Business and management fee (3776136) (3542707) 6.59 (3065576)
Credit impairment loss (3966971) (4143756) (4.27) (3626792)
Operating profit 3223054272023718.482821964
Total profit 3225410272829618.222828555
Net profit 2993213245329822.012335522
Net profit attributable to shareholders of the parent company 2922664239407222.082284815
Net profit attributable to shareholders of the parent company after deducting non recurring profits and losses 2903564238350221.822277396
Change rate of cash flow (RMB thousand) (%)
Net cash flow from operating activities Tus-Design Group Co.Ltd(300500) 145293459 (93.37) (7005735)
Change rate of (RMB / share) per share (%)
Earnings per share (before adjustment) (1)
Basic earnings per share 0.54 0.42 28.57 0.39
Diluted earnings per share 0.54 0.42 28.57 0.39
Basic earnings per share after deducting non recurring profits and losses 0.54 0.42 28.57 0.39
Earnings per share (adjusted) (1)
Basic earnings per share 0.51 0.40 27.50 0.37
Diluted earnings per share 0.51 0.40 27.50 0.37
Basic earnings per share after deducting non recurring profits and losses 0.51 0.40 27.50 0.37
Dividend distribution per share (2) 0.16 0.18 (11.11) 0.20
Item 2
