In the current global financial landscape, how can regional commercial banks find certainty for high-quality growth amidst high-base pressures? In 2025, HARBIN BANK (06138) provided a substantial and logically sound answer. With the official release of its latest annual results, this city commercial bank, deeply rooted in the Northeast region, not only proudly entered the "trillion-yuan club" in terms of asset scale but also demonstrated robust resilience and transformative strength across multiple dimensions, including profit growth, risk prevention, and specialized business operations. This is not merely a numerical leap but a profound practice of "long-termism" and "connotative growth," signifying that HARBIN BANK has officially transitioned from a phase of pressure absorption and stabilization to a new development stage characterized by steady improvement and a focus on efficiency.
From a macro perspective, 2025 marks the final year of the "14th Five-Year Plan" and a critical juncture where the blueprint for building a financially strong nation becomes reality. During this year, HARBIN BANK astutely captured the dividends of regional economic recovery. By restructuring its asset and liability composition, the bank achieved simultaneous growth in both operating revenue and profit.
**Balancing Scale and Efficiency: Structural Reshaping Under a Trillion-Yuan Framework** Reaching a trillion-yuan asset scale is both a symbol of strength and a challenge requiring refined management for a city commercial bank. As of December 31, 2025, HARBIN BANK's total assets officially surpassed the trillion-yuan threshold, reaching RMB 1,019.34 billion, an increase of RMB 103.1081 billion from the end of the previous year, representing growth of 11.25%. This milestone represents not just quantitative change but a qualitative transformation resulting from a reconstructed operational logic.
Amid an industry-wide trend of narrowing net interest margins, HARBIN BANK achieved operating revenue of RMB 14.546 billion, a year-on-year increase of 2.13%. Net profit reached RMB 1.2646 billion, surging 16.83% year-on-year. Profit attributable to equity holders of the parent company was RMB 1.1456 billion, showing a significant increase of 24.56%. This "scissors gap," where profit growth significantly outpaces revenue growth, highlights the bank's effectiveness in refining internal management and controlling costs. In 2025, the bank's average return on equity rose to 1.13%, up 0.44 percentage points from the previous year. This marked improvement in profitability indicates that HARBIN BANK is progressively moving away from its former growth path dependency and aligning with an efficiency-prioritized, connotative development model.
A deeper look into its profit composition reveals that the remarkable rise of non-interest income served as a crucial engine for performance growth. During the reporting period, the bank's net fee and commission income reached RMB 440.5 million, up 19.86% year-on-year. Within this, fees from consulting and advisory services, settlement services, and agency businesses all achieved double-digit growth. Particularly as the wealth management transformation enters a deeper phase, the influence of the bank's "Dingxiang Wealth" brand continued to expand, with cumulative sales of personal wealth products reaching RMB 73.776 billion. This strengthening role of intermediary businesses effectively offset pressures from declining interest spreads.
Concurrently, HARBIN BANK proactively optimized the maturity and cost structure of its liabilities while continuously solidifying its customer base. The average balance of retail deposits in both local and foreign currencies totaled RMB 505.5524 billion, an increase of 7.1%. The bank maintained its leading market share in the Harbin region for the eighth consecutive year. This not only demonstrates a strong capacity for deposit absorption but also provides a source of stable, moderately priced funding—financial "lifeblood"—for precise allocation on the asset side.
Regarding asset quality, HARBIN BANK adheres to the principle that "asset quality is its lifeline." Through forward-looking prevention and proactive disposal, the bank successfully contained early signs of quality deterioration. As of the end of 2025, the Group's non-performing loan ratio was 2.80%, down 0.04 percentage points from the end of the previous year. The provision coverage ratio stood at 198.26%, and the loan impairment loss provision ratio was 5.55%, indicating that risk absorption capacity remained fundamentally stable. Facing a complex and volatile economic environment, the bank not only steadily resolved historical issues but also implemented strict access controls for new risks through its intelligent risk monitoring platform and a "dual-line" supervision mechanism, ensuring business operations remain on a stable track. This reverence for and strict control of risks allowed HARBIN BANK to pursue scale growth while upholding the bottom line of preventing regional and systemic financial risks, laying a solid credit foundation for its high-quality development blueprint.
**Deepening the Real Economy and Digital Transformation as Twin Engines, Building a New Financial Ecosystem for "Opening Up to the North"** If financial indicators are the "skeleton" of HARBIN BANK, then serving the real economy and embracing digital transformation are its vibrant "soul." In 2025, grounded in the fundamental purpose of finance, HARBIN BANK placed meeting the needs of the real economy at the core of its high-quality development strategy. Its total corporate loans reached RMB 258.2793 billion, a substantial increase of RMB 52.8743 billion from the beginning of the year, accounting for 62.9% of total loans. This growth was not blind expansion but closely aligned with national macro-strategies and local industrial development. Focusing on Heilongjiang Province's "4567" modern industrial system, the bank increased credit support to the manufacturing sector, green finance, technology finance, and private as well as small and micro enterprises. Notably, the balance of corporate industrial loans surged by 50.49%, and the balance of green finance loans achieved leapfrog growth of 111.49%, precisely channeling resources into the innovative sectors of the region.
As a local bank in Heilongjiang, HARBIN BANK demonstrated a profound commitment to the people in the realms of rural revitalization and inclusive finance. By iterating its online agricultural loan product "Nong Shan Dai," the bank enabled fully online processing of loans for spring ploughing preparations based on big data, effectively solving the "last mile" challenge in rural financial services. Simultaneously, the innovatively launched "New Agricultural Business Entity Agricultural Property Rights Financing Loan" allowed borrowing for "spring sowing" based on the anticipated "autumn harvest," truly transforming Heilongjiang's abundant agricultural resources into fluid financial capital. By the end of 2025, the Group's agricultural-related loan balance exceeded RMB 30.4 billion. Its business footprint covered the vast majority of rural markets in Heilongjiang and several major cities outside the province, establishing it as a core financial force supporting comprehensive rural revitalization.
Furthermore, the bank actively implemented the "Opening Up to the North" strategy, becoming the first local corporate bank in Heilongjiang Province to directly participate in the People's Bank of China's domestic and foreign currency payment system. The total volume of its cross-border clearing and settlement business surpassed RMB 400 billion, providing robust cross-border settlement support for Harbin's development as a "Capital of Opening Up to the North."
Digital transformation represents the other wing of HARBIN BANK's strategy to build future core competitiveness. In 2025, the bank scientifically formulated a three-year information technology plan and concurrently advanced the construction of "Ten Major Foundational Projects," aiming to transition from a "Digital Harbin Bank" to a "Smart Harbin Bank." The successful launch of the new-generation retail credit digital product "Qian Dao Jia," featuring rapid service and full lifecycle digital operations, injected vitality into the consumer market, enabling highly personalized financial services. In the area of public service finance, the bank continued to deepen its integrated social security-banking service system, having issued or replaced third-generation social security cards for 1.7425 million residents. It became the financial institution in Heilongjiang with the most comprehensive and widest coverage of social security services, genuinely infusing "warmth" into financial services. This deep integration of technology and business not only enhanced operational efficiency but also reshaped the customer experience, building a strong digital and intelligent barrier for HARBIN BANK in future industry competition.
**Looking Ahead to 2026** Standing at the historical juncture of planning for the "15th Five-Year Plan," HARBIN BANK has already set even higher goals. Guided by the principle of upholding the Party's leadership as the "soul of development," the bank will continue to deepen connotative development, optimize its asset-liability and customer portfolio structures, and strive to become one of the leading city commercial banks in retail finance. As existing risks are continuously resolved and new growth drivers accelerate, HARBIN BANK is entering a golden period of opportunity for qualitative improvement and elevation. In this transformation, HARBIN BANK is not merely a creator of data but a deep participant and value enabler in the high-quality economic development of Heilongjiang. For HARBIN BANK, the trillion-yuan milestone is not the end point but a clarion call to vigorously write a new financial chapter in the practice of Chinese modernization within Heilongjiang.