A：The asset quality of Agricultural Bank of China is stable and improving, with a non-performing loan ratio decreasing to 1.28%. The loan-to-deposit ratio and expected loan ratio are also at relatively low levels. The provision balance is maintained at over 1 trillion yuan, with a provision coverage ratio as high as 295%, ranking first among comparable peers. Business development is steadily advancing, with new loans reaching 1.82 trillion yuan, a growth rate of 7.3%, of which the growth rate of county-level loans is higher than the overall average. In terms of deposits, total customer deposits increased by 2.6 trillion yuan, with personal deposits growing at a rate of 7.8%. The growth in both daily average RMB deposits and deposit growth rate among domestic customers ranks first among industry peers.

A：In the first half of 2025, Agricultural Bank of China achieved a steady improvement in financial performance, with net profit reaching 139.9 billion yuan, an increase of 2.53% year-on-year; operating income was 369.8 billion yuan, an increase of 0.72% year-on-year. Both net profit and operating income achieved positive growth, and the growth rate increased compared to the end of the first quarter.

A：Agricultural Bank focuses on its main responsibilities and main business, continuously improving the quality and efficiency of services for agriculture, rural areas, and rural revitalization. In the first half of the year, agricultural credit has grown rapidly, with the county-level loan balance exceeding 10 trillion yuan. The balance of exclusive products for farmers, such as the Huinong Easy Loan, has also shown significant growth. At the same time, efforts are being made to ensure national food security, support integrated urban-rural development, and increase farmers' income. The balance of loans in key areas is growing rapidly and exceeding the average loan growth rate for the entire bank.

A：Agricultural Bank actively integrates into the process of China's modernization, optimizing services in areas such as technology finance, green finance, and inclusive finance, such as issuing technology innovation bonds, green finance bonds, and launching the exclusive online product "Ke Jie Dai". The balance of technology loans grew by 21%, green loans by 14.6% compared to the previous year, and inclusive loans by 17.9% compared to the previous year. Agricultural Bank is committed to creating a pension financial characteristic bank that satisfies the people, with the balance of pension industry loans increasing by 94.6% compared to the previous year. In terms of digital finance, actively promoting the construction of smart banks, the balance of Nongyin Easy Loan increased by 13.7%, and the number of monthly active customers using Personal Mobile Banking ranks first among comparable peers in the industry.

A：Agricultural Bank of China adheres to the principle of customer first. In terms of individual customer service, the total number of customers reached 888 million, maintaining the first position in the industry; in terms of corporate customer service, the bank deepens layered and grouped operation, builds intelligent scenarios, and enhances comprehensive financial services level. The number of corporate customers reached 12.99 million, with a growth rate of 7.1%.

A：Agricultural Bank continues to deepen reforms in key areas, accelerate digital and intelligent transformation, launch the artificial intelligence innovation implementation outline, and achieve AI large-scale application in multiple scenarios. Focusing on empowering operations and reducing burdens at the grassroots level, deepening the application of data in precise marketing, risk prevention and control, and management innovation, has improved financial service efficiency and customer experience.

A：In the first half of the year, under the general principle of seeking progress while maintaining stability, Agricultural Bank of China achieved positive growth in operating income and net profit, with an increase in net profit growth rate and overall improvement in financial performance. In the second half of the year, it is expected that the macro economy will continue to stabilize and improve, coupled with sustained efforts in macroeconomic policy, which will benefit Agricultural Bank in further enhancing operational efficiency and achieving stable profit growth. The bank will focus on deepening revenue growth and tapping potential, intensively cultivating county and rural markets, optimizing financial supply, emphasizing deepening reforms and risk control in key areas, ensuring stable asset quality, and striving for stable profit growth and shareholder return beyond the cycle.

A：In the first half of the year, the net interest margin of Agricultural Bank of China was 1.32%, a decrease of 10 basis points compared to the same period last year, but the operation still remains in a good state, balancing the service to entities, stable business and sustainable commercial objectives. The Agricultural Bank of China balanced the structure of its assets, optimized the structure of interest-earning assets, and increased the proportion of high-yielding assets. On the liability side, macro-control policies were implemented to promote high-quality development of liabilities, including actively responding to the adjustment mechanism of interest rate marketization, reducing the cost of interbank liabilities, strengthening the foundation work, enhancing customer segmentation service capabilities, and accumulating low-cost funds. Looking ahead to the second half of the year, although loan repricing may lead to a decrease in interest rates, through reasonable growth in volume, structural optimization, and risk pricing principles, it is expected to stabilize loan interest rates. At the same time, the ongoing reduction in costs on the liability side will continue to release, the efficiency of deposit interest rate marketization adjustment mechanism will further manifest, and with the decrease in policy interest rates, the cost of interbank liabilities will follow suit, helping to stabilize the interest margin level. Therefore, based on comprehensive judgement, it is expected that the net interest margin of Agricultural Bank of China will achieve marginal stability in the second half of the year.

A：Feature 1: Give full play to the advantages of inclusive finance and agriculture-related finance, solidly promote the integration of small and micro enterprise financing coordination mechanisms with daily operations, innovate operation modes, optimize services, meet the financing needs of small and micro enterprise owners, individual industrial and commercial households, and farmers, and strengthen services for impoverished households and agricultural migrant populations. Over 60% of personal loans are used for county development and rural revitalization.

A：ABC Bank is fully aligning with the national efforts to stimulate consumption, supporting new formats, models, and scenes of consumption. We are implementing a special action plan for cash withdrawal consumer loans across the bank, optimizing credit policies and resource protection, increasing personal credit supply, and supporting consumption growth in areas such as healthcare, elderly care, tourism, and education. We are also launching products such as "freedom loan" and "homework carry" to meet the diversified financial needs of residents. Furthermore, we have carefully organized a working group to ensure the precise and efficient implementation of the national policy of interest subsidies for personal consumer loans.

A：The Agricultural Bank focuses on supporting high-quality urban renewal, deepening cooperation with high-quality real estate enterprises and provident fund centers, increasing mortgage loan issuance, combining with the new urbanization to serve counties and rural areas well, meeting the housing needs of new urban residents, innovating the work model of re-loan linkage, improving the flexibility and adaptability of financial services, and achieving good results.

A：The Agricultural Bank of China persists in risk prevention and control as an eternal theme, strengthens the integrated risk management and control capabilities of the group, anticipates risks, takes proactive measures, and accurately resolves risks. The asset quality remains stable overall, and the non-performing loan ratio continues to decline. By strengthening customer access management, product innovation, process optimization, digital empowerment, and other means, the bank continuously enhances its risk identification and prevention capabilities, improves multi-dimensional data cross-validation, builds a digital credit management system, strengthens the disposal of non-performing assets, and ensures stable and controllable asset quality.

A：The management of the Agricultural Bank of China believes that the awareness of risk prevention and control should be continuously strengthened, and risks should be anticipated, actively controlled, and precisely resolved. Specific measures include: firstly, maintaining the basic stability of the real estate business risks, implementing the urban real estate financing coordination mechanism, accurately meeting the reasonable financing needs of real estate projects, and strengthening project management; secondly, significant progress has been made in resolving local government debt risks, implementing debt conversion policies, and supporting financing platforms' reasonable financing needs in a legal and compliant manner; thirdly, the overall risk of inclusive retail business is controllable, and the task of risk prevention and control will be consistently implemented, the risk prevention and control system of inclusive retail business will be improved, digital risk control will be strengthened, and efforts will be increased in expectation management and bad debt recovery; fourthly, key area risk control will be continuously strengthened, industrial policies will be implemented, attention will be paid to structural contradictions risk, and measures will be taken to prudently reduce overcapacity and loans to low-efficiency and inefficient customers, optimize credit structure, and ensure controllable risks.

A：Since the beginning of the year, the Agricultural Bank of China has earnestly implemented the decisions and deployments of the Party Central Committee and the State Council, formulated relevant work plans, and continuously increased support for the real economy in foreign trade. In the first half of the year, the volume of international settlement business of Agricultural Bank increased by 7.6% year-on-year, and the volume of international trade financing business increased by 39%. The main measures include focusing on key regions and industries, providing convenient and refined services, and promoting the reform and expansion of the foreign exchange exhibition industry. Next, the Agricultural Bank will continue to closely follow the country's high-level policy of opening up to the outside world and the strategic development of key regions, improve the level of facilitation services for cross-border trade and investment, leverage its own distinctive advantages, strengthen financial services to stabilize foreign trade, assist enterprises in exploring diverse markets, especially focusing on areas such as agriculture and green development, increase support for key customers in settlement and financing, and speed up innovation, reform, and transformation to optimize customer service experience.

A：The Agricultural Bank of China deeply understands that the pension industry affects people's well-being, and in the face of the trend of an aging population, it will actively fulfill its social responsibility by doing a good job in pension finance and creating a comprehensive pension service platform. Specifically, the Agricultural Bank of China will focus on optimizing functional pension financial services, strengthening cooperation with the pension protection system, and improving the efficiency of services to the pension industry. At the same time, it will adhere to customer-centric principles, innovate service methods, enrich product varieties, and improve service quality, empowering front-line employees with professional service capabilities through technology. In addition, the Agricultural Bank of China will focus on enhancing inclusiveness, creating distinctive service channels that combine online and offline services, ensuring that pension financial services cover a wider range and more efficiently meet the pension needs of different customer groups.

A：Agricultural Bank focuses on the regional functional positioning, enhances the precision of financial services, combines regional operational advantages and characteristics, formulates overall regional service plans and a list of differentiated policies, and strengthens the synergy of financial services. At the same time, Agricultural Bank also focuses on regional coordinated development, enhances the synergy of financial services, stimulates the initiative and enthusiasm of branches through improving work mechanisms, supports the integrated development of urban and rural areas in the northeastern region, deepens cooperation in science and technology innovation between the eastern and western regions, and assists in the construction of modern transportation infrastructure in the central region.

A：Since the beginning of this year, Agricultural Bank of China has thoroughly implemented the decisions and arrangements of the Party Central Committee and the State Council, resolutely shouldered the political responsibility of promoting the development of private economy and improving inclusive finance, and the business of private and inclusive finance has maintained a good development trend. By the end of June, the balance of loans to private enterprises reached 7.39 trillion yuan, and the balance of inclusive loans reached 4.24 trillion yuan. In order to improve the quality and efficiency of financial services for private and small and micro enterprises, in the first half of the year, Agricultural Bank of China focused on three aspects: strategic guidance, technological empowerment, and mechanism construction. The bank adheres to high-quality development, insists on the integrated development of online and offline, improves the intensive operation and management capabilities, uses big data and artificial intelligence technology to empower grassroots, establishes a long-term mechanism of daring, willing, capable, and skilled lending, thereby realizing the sustainable development of commercial private and small micro financial business.

A：In the second half of the year, Agricultural Bank will continue the good trend of loan issuance in the first half of the year, maintain a reasonable and sustainable growth in credit scale, and uphold the positive momentum of economic stability. Specific areas include: first, continuously serving the primary responsibility of agriculture, focusing on financial services for food security, increasing financial support for farmers, leading agricultural enterprises, and promoting the steady increase of county and agricultural loans ratio; second, better serving the development of the real economy, implementing national major strategic plans, increasing credit issuance in areas such as stabilizing and boosting real estate enterprises, and promoting consumption; third, focusing on the transformation of urban corporate credit business, aligning with urban renewal actions, supporting affordable housing projects, financing needs in areas such as technology innovation, and low-carbon development; fourth, promoting the continuous stable growth of personal loans, focusing on consumer scenarios such as home decoration, cars, tourism, health, and education, optimizing personal housing loan business, implementing financial interest subsidy policies, and effectively reducing the cost of consumer credit for residents.