On April 1, Chengdu Hongqi Chain Co.Ltd(002697) ( Chengdu Hongqi Chain Co.Ltd(002697) . SZ) released the financial report of 2021 and disclosed some data of Xinwang Bank: by the end of 2021, the total asset scale of Xinwang bank was 57.116 billion yuan, the annual operating revenue was 2.641 billion yuan and the net profit was 918 million yuan, an increase of 29.97% year-on-year.
In terms of asset quality, at the end of last year, the provision coverage rate of the bank was 345.14%, and the non-performing loan ratio was 1.05%, down 0.14 percentage points from the beginning of 2021.
According to Xinwang bank, by the end of December 2021, the bank had issued a total of 29.982 billion yuan of small and micro loans and supported more than 120000 small, medium and micro enterprises.
The reporter learned from Xinwang bank that as of March 2022, the bank had submitted more than 400 technology patent applications and approved more than 100 in terms of digital credit, anti fraud and big data application.
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