On April 15, according to the administrative penalty information disclosure form of the Huangshan Supervisory Branch of the China Construction Bank Corporation, the Huangshan Branch of China Construction Bank Corporation was fined 2 million yuan by the Huangshan Supervisory Authority for illegal issuance of project loans. The date of the penalty decision was November 27, 2023.

Established in October 1954, China Construction Bank was listed on the Hong Kong Stock Exchange in October 2005 (stock code 939), and listed on the Shanghai Stock Exchange in September 2007 (stock code 601939).

CCB's 2023 report shows that annual revenue reached 769.736 billion yuan, down 1.79% year on year. Among them, the main source of revenue was net interest income, which reached 617.233 billion yuan, a year-on-year decrease of 4.11%, accounting for about 80.19%. Specifically, interest income decreased 6.56% from 2022 to 1247.366 billion yuan, and interest expenses increased 19.59% to 630.133 billion yuan.

In terms of assets, as of the end of 2023, CCB's total assets were 38.32 trillion yuan, an increase of 10.76%. Core assets continued to grow, with net loans and advances of 23.08 trillion yuan, an increase of 12.64%, accounting for a 1% increase in total assets over the previous year. Investment in bonds was 9.39 trillion yuan, an increase of 13.02%, accounting for an increase of 0.49% in total assets.

In terms of loans, at the end of 2023, CCB had non-performing loans of 325.256 billion yuan, an increase of 32,431 billion yuan over the previous year, an increase of 11.08%. The defect rate was 1.37%, down 0.01 percentage points from the previous year, but it is still at a high level. In 2023, loans accrued credit impairment losses of $144.682 billion, an increase of $4.941 billion over the previous year. The provision coverage rate was 239.85%, down 1.68% from the previous year.