PAB(000001)2024-11-11 09:23Group 1: Financial Performance and Projections - The net interest margin is expected to face downward pressure due to market interest rate declines and insufficient effective credit demand, with a proactive adjustment of the asset-liability structure to mitigate this impact [1] - As of September 2023, the personal loan non-performing rate was 1.43%, an increase of 0.06 percentage points from the end of the previous year, reflecting a gradual recovery in repayment capacity among some personal clients [1] - The bank plans to distribute 10% to 35% of the distributable profits as cash dividends annually from 2024 to 2026 [1] Group 2: Loan Structure and New Business Areas - As of September 2023, the total personal loan balance was 1,787.35 billion CNY, a decrease of 9.6% from the end of the previous year, with credit card receivables down 12.5% [1] - New loans in three emerging industries amounted to 157.76 billion CNY from January to September 2023, representing a year-on-year growth of 47.3% [3] - Supply chain financing reached 1,132.11 billion CNY in the same period, a year-on-year increase of 22.8%, with 30,652 enterprises receiving bill financing services [3]