On the afternoon of April 15, Bank Of Suzhou Co.Ltd(002966) held the 2021 annual performance presentation through live video and online interaction. It is noteworthy that Bank Of Suzhou Co.Ltd(002966) through the annual report disclosure, has handed over a relatively satisfactory 2021 performance answer to the majority of investors before the performance presentation meeting Bank Of Suzhou Co.Ltd(002966) asset scale has maintained a steady growth of more than 10% for three consecutive years, exceeding 450 billion yuan. In 2021, the net profit was 3.287 billion yuan, a year-on-year increase of 20.62%; The net profit attributable to the shareholders of the parent company was 3.107 billion yuan, a year-on-year increase of 20.79%. The asset quality of the bank continued to improve, the non-performing loan ratio decreased continuously for three years, and the provision coverage increased continuously for three years.
Wang Lanfeng, chairman of Bank Of Suzhou Co.Ltd(002966) said in her speech that Bank Of Suzhou Co.Ltd(002966) formulated the new three-year development strategic plan in 2021, launched the reform of Bank Of Suzhou Co.Ltd(002966) market-oriented operation mechanism, promoted the comprehensive digital transformation, and actively seized the opportunities of national strategies such as the pilot Free Trade Zone and the integration of the Yangtze River Delta. At the same time, deepen corporate governance, further improve the scientificity, robustness and effectiveness of corporate governance, and consolidate the safety dam of risk compliance. Gradually incorporate the concept of ESG into the new three-year development plan, improve the top-level governance structure of ESG, continue to promote the implementation of ESG, and vigorously develop green finance, smart manufacturing finance, science and innovation finance, supply chain finance and people’s livelihood finance. At present, the people of Suzhou have bucked the trend, actively participated in the epidemic prevention and control in Suzhou and its surrounding areas, and launched the “double ten articles” to help enterprises, microenterprises and individuals solve difficulties. In addition, Bank Of Suzhou Co.Ltd(002966) is committed to alleviating the pressure of social employment and increasing the recruitment of external employees, especially college graduates in the past two years.
Zhao Kun, President of Bank Of Suzhou Co.Ltd(002966) introduced the operation, business structure and characteristics of Bank Of Suzhou Co.Ltd(002966) 2021. President Zhao said that Bank Of Suzhou Co.Ltd(002966) continued to promote the upgrading of the real economy, closely protect people’s livelihood, accelerate the construction of green financial system and provide financial services for Rural Revitalization. The business structure was continuously optimized, the proportion of retail business was continuously increased, the income of intermediate business was continuously boosted, and the customer base was steadily consolidated. Throughout the year, 25 digital transformation projects were fully launched, 15 projects achieved phased results and 3 projects were completed. In 2022, Bank Of Suzhou Co.Ltd(002966) will, on the premise of steady growth, improve operating efficiency, consolidate the foundation of sustainable development, create characteristic competitive advantages, meet diversified financial needs and consolidate high-quality development barriers.
During the interactive Q & a session, Bank Of Suzhou Co.Ltd(002966) executives, independent directors and sponsor representatives had in-depth interaction with investors, further deepening investors’ understanding of the company. The Bank Of Suzhou Co.Ltd(002966) executives gave frank and serious answers to the issues concerned by many investors, such as the new three-year strategic planning and division reform, the development of green finance and science and innovation finance, asset quality, the 2021 profit distribution plan, the planning and implementation of capital supplement, etc., and received positive feedback from investors.
In more than one hour of online communication, Bank Of Suzhou Co.Ltd(002966) fully demonstrated its development advantages and investment value with rigorous, professional, pragmatic and innovative working spirit.
Bank Of Suzhou Co.Ltd(002966) said that the performance presentation will be the first time the bank has adopted the form of live video combined with online interaction, making full use of digital means to innovate communication methods to improve the investor experience Bank Of Suzhou Co.Ltd(002966) by listening to the voice of the capital market, we have achieved good interaction with the capital market.
