On May 13, according to the administrative penalty information disclosure form of the Liupanshui Supervisory Branch of the State Administration of Financial Supervision and Administration, the Liupanshui Branch of Bank of Guizhou Co., Ltd. (hereinafter referred to as “Bank of Guizhou”) was fined 1.5 million yuan. The main illegal facts include irregular loan management, handling bill business with no real trade background, and using financial intermediaries to inflate the size of loans.

Meanwhile, Wang Wei, then head of the Liupanshui branch of Bank of Guizhou Co., Ltd., was warned and fined 100,000 yuan for the branch's use of financial intermediaries to inflate the size of the loan; Zhang Kaixuan, then deputy governor of Bank of Guizhou Co., Ltd. Liupanshui Branch, was warned and fined 50,000 yuan for being responsible for the branch's handling of bill business matters without a real trade background.

In terms of performance, the Bank of Guizhou's net revenue and profit both declined for the first time in 2023. The annual report shows that in 2023, Bank of Guizhou achieved operating income of 11.345 billion yuan, a year-on-year decrease of 5.38%; net profit of 3.653 billion yuan, a year-on-year decrease of 4.6%, the bank's first negative increase in performance since entering the Hong Kong stock market in 2019.

In terms of assets, in 2023, Bank of Guizhou's assets was 576.786 billion yuan, up 43.05 billion yuan, or 8.06%; loan size was 331,949 billion yuan, up 38.421 billion yuan, or 13.09% from the beginning of the year; and deposit size was 356.246 billion yuan, up 29.922 billion yuan from the beginning of the year, an increase of 9.17%.

Furthermore, the Bank of Guizhou's asset quality performance was poor. By the end of 2023, Bank of Guizhou had a non-performing loan balance of 5.568 billion yuan, up 28.83% from the beginning of the year; the non-performing loan ratio was 1.68%, up 0.21 percentage points from the end of the previous year, and increased for two consecutive years.