Based in Jilin, it radiates the Beijing-Tianjin-Hebei economic circle. As the first agricultural commercial bank in Northeast China approved by the China Banking Regulatory Commission, the bank has benefited from market opportunities brought about by the Chinese government's policies to revitalize Northeast China and the Tumen River region. Revenue from Jilin Province accounted for 91.4%, 89.1%, 90.4%, 90.5% and 92.0% of the Group's total revenue in 2013, 2014 and 2015 and the six months ending June 30, 2016, respectively. Furthermore, by acquiring rural credit cooperatives and rural cooperative banks and reorganizing them into agricultural commercial banks, and initiating the establishment and acquisition of village banks, the group has constructed a strategic layout based in Jilin Province and spanning the Beijing-Tianjin-Hebei Economic Zone, the Yangtze River Economic Belt, and the Pearl River Economic Belt to support its future growth and development. As of June 30, 2016, the Group has set up 275 business outlets in Jilin Province and 78 business outlets in other regions. Of these, 103 business outlets are operated by the bank, and the rest are operated by subsidiary banks.

Revenue and profit growth were significantly higher than that of peers. During the business record period, the Group's business scale and profit level grew rapidly through internal growth, the acquisition of rural credit cooperatives and rural cooperative banks, and the establishment and acquisition of village banks. The Group's total assets and net assets increased from RMB 55,170.5 million and 4,679.8 million yuan in 2013 respectively to RMB 141,953.3 million and 11,857.2 million yuan in 2015, with compound annual growth rates of 60.4% and 59.2% respectively, higher than the average compound annual growth rate of 20.7% and 24.7% of all commercial banks of China listed in China and Hong Kong; net profit also increased from RMB 542.5 million in 2013 to RMB 1,402.2 in 2015 One million yuan, with a compound annual growth rate of 60.8%, higher than the average compound annual growth rate of 12.1% for all of the above mentioned interbank banks.

Risk is effectively controlled, and the non-performing loan ratio is low. While the Group has achieved rapid business growth, it has implemented prudent risk management and internal control to maintain excellent asset quality. For the year ending 2013, 2014 and December 31, 2015 and the six months ended June 30, 2016, the bank's non-performing loan ratios (on a non-consolidated basis) were 0.74%, 0.72%, 1.28% and 1.26%, respectively, and provision coverage (on a non-consolidated basis) was 406.19%, 353.52%, 203.40% and 208.34%, respectively.

Careful subscription is recommended. Benefiting from the support of the country's macroeconomic policies and the development momentum of the northeast townships, the bank's past financial growth was relatively rapid; its business model, which was based in Jilin and covered China's major economic circles, was unique among regional agricultural and commercial banks. In terms of valuation, the company's price-earnings ratio in 2015 was 13.0-13.6 times; as of the last practical date, the net price-earnings ratio was 1.5-1.6 times, which is quite reasonable compared with peers. Careful subscription is recommended.