LUZHOU BANK (01983) released audited 2025 results.

• Revenue & Profitability – Operating income fell 6.69% to RMB 4.86 billion, yet net interest income jumped 15.77% to RMB 4.07 billion, raising the share to 83.81% of total revenue. – Net profit rose 20.91% to RMB 1.54 billion; return on average equity improved to 12.06% from 11.24%. Basic earnings per share were RMB 0.53, up RMB 0.10 year-on-year.

• Balance-sheet Expansion – Total assets grew 18.40% to RMB 202.46 billion, breaking the RMB 200 billion mark. – Net customer loans increased 20.49% to RMB 118.78 billion; customer deposits advanced 15.70% to RMB 156.56 billion.

• Asset Quality & Capital – Non-performing loan ratio edged down to 1.18% (2024: 1.19%); allowance coverage stood at 415.24%. – Capital adequacy ratio was 13.08%; Tier 1 and core Tier 1 ratios were 10.04% and 8.27%, respectively. – Liquidity ratio came in at 72.16%; liquidity coverage ratio reached 280.28%; net stable funding ratio was 126.97%.

• Dividend Proposal The Board proposes a cash dividend of RMB 1.3 per 10 shares, amounting to RMB 353.31 million.

• Perpetual and Tier-2 Capital Movements During 2025 the Bank redeemed RMB 1.70 billion of perpetual bonds and issued RMB 1.80 billion of new perpetual bonds plus RMB 1.80 billion of Tier-2 capital bonds, lowering coupon costs.

• Segment Performance Corporate banking contributed RMB 1.16 billion profit before tax, retail banking RMB 618 million, and financial markets RMB 270 million.

• Governance Updates The Supervisory Board was dissolved following shareholder approval; the Board now comprises ten directors, including four independent non-executive directors.

• Outlook Management highlighted continued focus on risk control, capital optimisation and support for Sichuan’s regional economy, targeting “higher-quality, more efficient and sustainable” growth in 2026.