創造共同價值
Contents
Important Reminders | 1 |
Definitions | 2 |
General Information | 3 |
Financial Highlights | 5 |
Management Discussion and Analysis
Financial Statement Analysis | 6 |
Business Review | 24 |
Risk Management | 44 |
Outlook | 54 |
Corporate Governance
Changes in Shares and Shareholders | 55 |
Corporate Governance | 61 |
Significant Events | 66 |
List of Institutions | 70 |
Financial Statement and Others
Report on Review of Interim Financial Information | 74 |
Unaudited Condensed Consolidated Financial Statements | 75 |
Notes to the Unaudited Interim Condensed Consolidated Financial Statements | 81 |
Unaudited Supplementary Financial Information | 177 |
Supplementary Information on Capital Adequacy Ratio, Leverage Ratio, | |
Liquidity Coverage Ratio and Net Stable Funding Ratio | 184 |
IMPORTANT REMINDERS
I. | The Board of Directors, the Board of Supervisors and Directors, Supervisors, senior management of the |
Bank are responsible for the authenticity, accuracy and completeness of the Interim Report, free of false | |
records, misleading statements or material omissions and assume individual and joint legal responsibilities. | |
II. | The 2021 Interim Report and results announcement were reviewed and approved at the 22th Meeting of the |
9th Session of the Board of Directors of the Bank on 27 August 2021. The number of directors who should | |
attend the meeting was 16, with 15 directors attending the meeting in person and 1 director attending the | |
meeting by proxy. Non-executive Director Song Hongjun did not attend the meeting in person due to work | |
commitments and entrusted Non-executive Director Chen Junkui to attend and vote on behalf of him with | |
a trust deed. | |
III. | Mr. Ren Deqi, Chairman of the Bank, Mr. Guo Mang, Principal in charge of accounting and Mr. Chen Yu, |
Head of Accounting Department represent that they are responsible for the authenticity, accuracy and | |
completeness of the financial statements in the Interim Report. | |
IV. | This Interim Report is unaudited. |
V. | The Bank did not distribute any interim dividend or convert any capital reserve into share capital for the six |
months ended 30 June 2021. | |
VI. | Prospective statements involved in the Report, such as future plans and development strategies, do not |
constitute a substantive commitment of the Group to investors. Investors and stakeholders are required to | |
keep sufficient risk awareness and understand the differences among the plan, forecasting and commitment. | |
VII. | The Group's operation is mainly exposed to risks including credit risk, market risk, operational risk and |
compliance risk. The Group took and will continue to take various steps to effectively manage risks. For | |
more details, please refer to section of "Management Discussion and Analysis - Risk Management". |
DEFINITIONS
The following terms will have the following meanings in this Report unless otherwise stated:
"Bank", "BoCom" | Bank of Communications Co., Ltd. |
"CBIRC" | China Banking and Insurance Regulatory Commission |
"CHI" | Central Huijin Investment Ltd. |
"CSRC" | China Securities Regulatory Commission |
"Group" | The Bank and its subsidiaries |
"Hong Kong Listing Rules" | The Rules Governing the Listing of Securities on the Stock Exchange of |
Hong Kong Limited | |
"Hong Kong Stock Exchange" | The Stock Exchange of Hong Kong Limited |
"HSBC" | The Hongkong and Shanghai Banking Corporation Limited |
"Ministry of Finance" | Ministry of Finance of the People's Republic of China |
"PBOC" | The People's Bank of China |
"SSE" | The Shanghai Stock Exchange |
"SSF" | The National Council for Social Security Fund |
Major products and services of the Bank | |
"Benefit Loan" | Online credit consumption loans launched by the Bank for qualified |
customers. | |
"Cloud Banking" | A WeChat Mini Program-based online marketing service platform of the |
Bank for account managers. | |
"Go Pay" | A one-stop digital service platform of finance and life for all customers. |
"Inclusive e-Loan" | Online inclusive financing business services of inclusive finance launched |
by the Bank for qualified customers. | |
"Mobile Banking" | A mobile APP providing online business processing and other services |
to personal customers of the Bank and covering a variety of financial | |
products and life service needs of customers. | |
"OTO Fortune" | A main brand of retail business of the Bank with the core value of "creating |
and sharing abundant wealth with noble virtue" devoted to realizing | |
value maintenance and appreciation of wealth for customers. | |
"Win to Fortune" | A corporate and interbank wealth management brand of the Bank |
providing comprehensive one-stop wealth management solutions for | |
corporate, government institutions and interbank financial customers | |
through intelligent financial service and digital transformation. |
2 Bank of Communications Co., Ltd.
GENERAL INFORMATION
I. CORPORATE INFORMATION
Chinese name: | 交通銀行股份有限公司 |
Chinese abbreviation: | 交通銀行 |
English name: | Bank of Communications Co., Ltd. |
Legal representative: | Ren Deqi |
Authorised | Ren Deqi, Gu Sheng |
representatives: | |
Secretary of the Board of Gu Sheng | |
Directors and Company | |
Secretary: | |
Registered address: | 188 Yin Cheng Zhong Lu, |
(Shanghai) Pilot Free Trade | |
Zone, PRC | |
Contact and address: | |
188 Yin Cheng Zhong Lu, Pudong New District, Shanghai | |
Postal code: | 200120 |
Tel: | 86-21-58766688 |
Fax: | 86-21-58798398 |
E-mail: | investor@bankcomm.com |
Official website: | www.bankcomm.com |
Principal place of business | 20 Pedder Street, Central, Hong |
in Hong Kong: | Kong |
Information Disclosure Channels and Places Where the Interim Report is Available
A share: | China Securities Journal, Shanghai |
Securities News, Securities | |
Times and website of the SSE | |
at www.sse.com.cn | |
H share: | Website of HKEx News at www. |
hkexnews.hk | |
Places where the interim | Board of Directors Office of the |
report is available: | Bank |
Information of Shares | ||||
Classes | Stock exchange Stock name | Stock code | ||
A Share | Shanghai Stock | Bank of | 601328 | |
Exchange | Communications | |||
H Share | The Stock | BANKCOMM | 03328 | |
Exchange of | ||||
Hong Kong | ||||
Limited | ||||
Domestic | Shanghai Stock BOCOMPREF1 | 360021 | ||
Preference | Exchange | |||
Share | ||||
Domestic auditor: | PricewaterhouseCoopers Zhong | |||
Tian LLP (Special General | ||||
Partnership) | ||||
11th Floor | ||||
PricewaterhouseCoopers Centre, | ||||
2 Corporate Avenue, 202 Hu Bin | ||||
Road, Shanghai, PRC | ||||
Name of auditor | Ma Yingni, Ying Chenbin | |||
signed: | ||||
International | PricewaterhouseCoopers | |||
auditor: | Registered Public Interest Entity | |||
Auditor | ||||
22/F, Prince's Building, Central, | ||||
Hong Kong | ||||
Name of auditor | Ling Tung Man Tom | |||
signed: |
PRC legal advisor: Grandall Law Firm (Shanghai)
Hong Kong legal advisor: DLA Piper Hong Kong
Share Registrar and Transfer Office
A Share: | China Securities Depository and Clearing |
Corporation Limited, Shanghai Branch | |
No. 188 South Yanggao Road, Pudong | |
New District, Shanghai, P.R. China | |
H Share: | Computershare Hong Kong Investor |
Services Limited | |
Flat 1712-1716, 17th Floor, Hopewell | |
Centre, 183 Queen's Road East, | |
Wanchai, Hong Kong |
Other Information
Unified social credit code: 9131000010000595XD
Interim Report 2021 H Share 3
This is an excerpt of the original content. To continue reading it, access the original document here.