As shown in the bulletin, by the end of 2012, the total assets of Industrial Bank (IB) surpassed RMB 3 trillion, reaching RMB 3.24 trillion, up by 34.47% over the beginning of the year. With the asset quality remaining steady, the non-performing loan ratio was only 0.43%, and the provision coverage hit 466%, 81% higher over the beginning of this year. With operation efficiency being improved continuously, the net profits belonging to the parent company registered by the bank amounted to RMB 34.708 billion, up 36.08% YoY. With the further improved income structure, the weighted mean return on equity (ROE) hit 26.64%, a new high over the six years after IPO, and the primary earnings per share reached RMB 3.22.
In 2012, IB accomplished its non-open issuance of shares, further improving its shareholder structure and reinforcing its capital strength. IB Guiyang Branch was put into operation smoothly, and the preparation for establishing IB Hong Kong Branch and Lanzhou Branch was pushed forward in a desired way, with the service network being further improved. China Industrial International Trust Limited and Industrial Bank Financial Leasing Co., Ltd. witnessed significant business and management achievements, and the coordinated development effect of group-based and integrated operation showed up gradually.