Recently, the State-owned Assets Supervision and Administration Commission of the State Council issued the special assessment results of the 2023 local "Double Hundred Enterprises" and "Scientific and Technological Innovation Enterprises", and Bank of Chongqing was rated as an "excellent" enterprise in the 2023 local "Double Hundred Enterprises" evaluation of the State-owned Assets Supervision and Administration Commission of the State Council. Bank of Chongqing has been included in the "Double Hundred Enterprises" list for three consecutive years and has been rated as "excellent" for two consecutive years.
It is understood that the state-owned enterprise reform "Double Hundred Actions" is one of the special actions for SOE reform organized by the Leading Group for the Reform of State-owned Enterprises of the State Council. More than one hundred central enterprise subsidiaries and more than one hundred local SOE backbone enterprises were selected to comprehensively promote the reform, build a group of reform pioneers with scientific and perfect governance structures, flexible and efficient operating mechanisms, strong and effective party leadership, and significantly improved innovation ability and market competitiveness. The "Double Hundred Enterprises" focuses on the goal of scientific and perfect governance structure, flexible and efficient operating mechanism, strong and effective party leadership, significant improvement in innovation ability and market competitiveness, focuses on the key areas and key links of the reform, takes the lead in achieving breakthroughs, and fully leverages the role of demonstration breakthroughs to form a new situation and good trend of SOE reform.
In recent years, Bank of Chongqing has strengthened party building leadership, highlighted key areas to deepen reforms, promoted breakthroughs in the "three battles and one rejuvenation" reform, continuously stimulated high-quality development momentum, and achieved sustained and improved operating performance. We have promoted the deep integration of party leadership and corporate governance, created a "Red Rock Pioneer" transformational organization, built a clean state-owned enterprise, and won honors such as "National Civilized Unit" and "National Youth Civilization". We firmly serve major strategies such as the construction of the Chengdu-Chongqing Economic Circle and the western land-sea new passage construction, do a good job in the five major financial areas, gradually form a long-term mechanism to serve the real economy, and help build a modern industrial system. We have improved the market-oriented operating mechanism, strengthened the vitality of talent and entrepreneurship through market-oriented means such as personnel selection and employment, incentive constraints, and enriched capital strength through market-oriented means such as IPO, perpetual bond issuance, and A-share convertible corporate bonds. We have improved the digital innovation mechanism, formed a new blueprint for digital transformation of "5+6", rolled out key digital projects, iteratively innovated digital credit products such as "Good Enterprise Loans" and "Jiee Loans", upgraded digital applications such as "Wind Bell Intelligent Evaluation" and Basile Mobile Exhibition, and continuously improved the efficiency of serving the real economy.
In recent years, Bank of Chongqing has comprehensively strengthened the internal strength of reform and development, and has made frequent progress on the road of high-quality development. In the first quarter of this year, more than 40 billion yuan was invested in the construction of the Chengdu-Chongqing Economic Circle, and the business volume of serving the Western Land-Sea New Passage exceeded 14 billion yuan. The scale of green finance exceeded 45 billion yuan, maintaining an annual growth rate of more than 30%. We have promoted the comprehensive revitalization of rural areas, with the balance of loans to agriculture being 69 billion yuan, an increase of 7.5% over the end of last year. By the end of the first quarter, the total assets exceeded 780 billion yuan, an increase of 2.8% over the end of last year and a year-on-year increase of 10.1%. The balance of various loans was 407.5 billion yuan, an increase of 3.7% over the end of last year and a year-on-year increase of 11.1%. The balance of various deposits was 439.2 billion yuan, an increase of 5.9% over the end of last year and a year-on-year increase of 9.2%. Operating income and net profit increased by 5.2% and 4.9%, respectively, year-on-year.
Next, Bank of Chongqing will deepen the reform, improve the modern corporate governance system, deepen the digital transformation, improve the market-oriented operating mechanism, strengthen party building leadership in key areas, continue to increase the intensity of the reform, further enhance the core competitiveness, accelerate the construction of a first-class listed financial SOE and contribute to the high-quality financial services for modernization in Chongqing with the Chinese characteristics.
Source: Bank of Chongqing