Zhengzhou Bank 2025 Annual Report | Improving quality and efficiency to strengthen capabilities, setting sail to embark on a new journey

Recently, Zhengzhou Bank released its 2025 operating performance, demonstrating a strong trend of steady improvement in regional banking’s performance and quality. From steady growth in asset size, to breakthroughs in upgrading wealth management, and to a precise deployment of the bank’s efforts focused on “five major articles” of finance, Zhengzhou Bank has always stayed true to its position as a local corporate bank, resonating with the development of the Central Plains and writing a new chapter of high-quality development in its journey to serve the real economy and practice finance for the benefit of the people.

Prudent Operations: Steady Growth in Asset Scale, Ongoing Improvement in Core Metrics

As a local corporate bank rooted in Henan, Zhengzhou Bank’s resilience in its 2025 business and development has stood out, with core operating indicators continuing to improve, achieving coordinated progress across scale, quality, and efficiency.

Asset growth rate hits a new high in recent years. As of the end of 2025, Zhengzhou Bank’s total assets were 743.67B yuan, an annual increase of 67.3 billion yuan and a growth rate of 9.95%, with the growth rate reaching the highest level since 2018. In the first quarter of that year, its asset scale broke through the 700 billion yuan mark, and in the following three quarters it maintained a steady growth trend, demonstrating sustained capacity for internal growth.

Operating revenue and net profit achieve positive growth on both fronts. During the reporting period, Zhengzhou Bank recorded operating income of 12.92B yuan, up 0.34% year over year; and net profit of 1.91B yuan, up 2.44%. Against the backdrop of generally narrowing industry net interest margins, by deeply focusing on retail business, optimizing the credit structure, and advancing digital transformation, the net profit growth rate significantly exceeded the operating income growth rate, showing strong operating resilience and market competitiveness.

Both volume and quality of deposit business rise, and funding strength is steadily strengthened. The bank stays true to its original intention of serving finance for the benefit of the people, and its deposit business achieved coordinated growth in both volume and quality. As of the end of the reporting period, total deposits amounted to 463.08B yuan, up 14.47%, with growth consistently maintaining a two-digit steady pace. Of this, personal deposits were 271.85B yuan, up 24.60%, further highlighting the stability of the liability structure and enhanced risk resistance.

Business Refinement: Optimizing Structure and Layout, Building a Diverse Growth Engine

While maintaining prudent operations, Zhengzhou Bank actively optimized its business structure, building new momentum for diversified growth across investment banking, wealth management, and retail credit.

Investment Banking: Seizing policy opportunities and serving state-owned enterprise reform. The bank seizes policy opportunities from the nation’s “two major efforts” and “two new initiatives,” focusing on local industrial upgrading. During the reporting period, it cumulatively served 21 syndicated loan projects, with a financing scale of 6.06B yuan; and successfully closed 1.91B&A loan businesses, including the province’s first M&A project involving private enterprises’ bankruptcy restructuring, using professional financial solutions to help enterprises ease difficulties and develop. At the same time, throughout the year it successfully issued 28 non-financial enterprise debt financing instruments, with an underwriting scale of 8.65B yuan, maintaining a leading position in the provincial market.

Wealth Management: Brand upgrade and improvements in business quality and efficiency. Zhengzhou Bank focuses on product optimization and refined operations, upgrading its wealth management brand and continuously shaping the “wealth manager” image that customers trust. As of the end of the reporting period, the scale of retail wealth-related financial assets reached 57.25B yuan, up 11.57%; and revenue from agency-type wealth management intermediary business increased 86.11% year over year. In terms of product offerings, it has built a full spectrum product system covering cash management, pure-bond fixed income, hybrid strategies, equity investments, and more. In terms of service experience, it empowers customers with digital tools, strengthens service across the full customer life cycle, and steadily enhances brand loyalty.

Retail Credit: Personal consumption loans break through 20 billion yuan. The bank actively responds to policies aimed at expanding domestic demand and precisely matches residents’ reasonable consumption needs. As of the end of the reporting period, the principal amount of loans and advances extended totaled 410.26B yuan, up 5.82%. Of this, the outstanding balance of personal consumption loans reached 20.73B yuan, first surpassing the 20 billion yuan threshold, with a growth rate of 20.9%. Business scale and quality improve in tandem, injecting stable financial momentum into serving people’s consumption and livelihoods.

Investment Structure: Optimize the layout; bond investments grow steadily. The bank adheres to prudent and steady investment principles and continues to optimize its investment layout. As of the end of the reporting period, the total amount of bond investments was 181.64B yuan, up 27.00%, with the proportion of standardized assets steadily increasing; the size of non-standard investments such as trust plans and broker wealth management (securities asset management) plans decreased 9.84% year over year. Asset allocation is becoming more prudent, the risk structure continues to improve, and risks are better managed.

Rooted in the Local Area: Upholding the “Three Services” Positioning and Focusing on “Five Major Articles”

Zhengzhou Bank adheres to its original positioning of “serving local economic development, serving small and medium-sized enterprises, and serving urban and rural residents,” deeply integrating itself into the broader context of Henan’s “six strong provinces” initiative, and precisely focusing the delivery of high-quality financial services on the bank’s “five major articles” in finance.

Technology Finance: Establishing 7 technology characteristic sub-branches, strengthening cooperation with research institutions, and truly investing early, in small amounts, for the long term, and in hard technology. By the end of 2025, the balance of technology loans was 33.24B yuan, up 25.57% from the start of the year.

Green Finance: Establishing the first batch of 2 green characteristic sub-branches, opening a “green approval channel,” and guiding credit resources to tilt toward green sectors.

Inclusive Finance: Accelerating the construction of an inclusive loan product system across the full life cycle, and opening up the “last mile” of inclusive finance services to benefit enterprises and make things convenient for people. As of the end of 2025, the balance of inclusive loans for small businesses and micro enterprises was 57.33B yuan, up 6.78% from the start of the year, with the number of benefiting customers reaching 78,680 households. Through measures including the innovative product “Zhenghui Loan,” deepening cooperation with the “Zhenghao Rong” platform, building 23 offline financial service havens, and more, the bank has effectively improved the availability and convenience of inclusive finance.

Pension Finance: Actively supporting enterprises in industry chains such as the construction of pension facilities and elderly healthcare and medical services, increasing standardized construction for age-friendly services to meet the specialized financial needs of older adults.

Digital Finance: Adhering to technology-driven leadership, systematically advancing the digital and intelligent transformation of business operations and management, and accelerating the construction of a “smart bank.” As of the end of 2025, the balance of digital economy loans was 6.75B yuan, up 27.78% from the start of the year.

Risk Control: Adhering to Risk-First Management and Laying a Solid Foundation for Prudent Operations

Facing challenges in industry development, Zhengzhou Bank upholds forward-looking risk management, increases efforts in disposing of non-performing assets, and has continuously improved asset quality. As of the end of the reporting period, the non-performing loan ratio was 1.71%, down 0.08 percentage points from the end of the previous year, achieving a continuous three-year decline. The “lifeline” of asset quality is firmly safeguarded. Key liquidity indicators, such as the liquidity coverage ratio (226.73%) and the net stable funding ratio (123.16%), are all far above regulatory requirements, and liquidity risk is safe and controllable.

Meanwhile, the bank has steadily advanced its efforts to reduce costs and improve efficiency. Business and management expenses decreased 4.14% compared with the same period of the previous year. Through refined cost management, it achieved dual goals of “controlling costs and improving efficiency,” laying a solid foundation for sustainable development.

Looking ahead, Zhengzhou Bank will continue to closely follow the direction of national and local policy, deepen its focus on the local area, and pursue innovation while staying true to its mission. With more diversified and professional comprehensive financial services, it will inject strong and lasting momentum into the high-quality development of the local economy, and contribute more solid financial strength in the new journey of accelerating the construction of a modern Henan.

Review: Lu Chaofeng