On August 28, 2026, Bohai Bank Co., Ltd. (hereinafter referred to as "Bohai Bank" or "the Bank"; stock code: 9668. HK) announced its semi annual operating results as of June 30, 2026.

2026 is the starting year of the 15th Five Year Plan and a crucial year for Bohai Bank to promote its transformation and development. The bank adheres to the comprehensive implementation of the spirit of the 20th National Congress of the Communist Party of China and the various plenary sessions of the 20th Central Committee, deeply practices the political and people-oriented nature of financial work, focuses on its main business, improves governance, and promotes differentiated development. It has meticulously crafted the "Five Great Articles" of finance, closely adhered to the "95-31" development strategy, anchored the development goals of high-quality value banks, and systematically implemented tactical systems such as the branch's "Basic Law", industry methodology, and technology finance methodology, achieving a two-way pursuit of supporting the real economy and its own high-quality development.

The asset size has exceeded 2 trillion yuan, and the net profit has increased by 8.37% year-on-year

As of the end of the reporting period, the total assets of Bohai Bank reached 2028.161 billion yuan, an increase of 93.751 billion yuan or 4.85% compared to the end of the previous year. The total liabilities amounted to RMB 1897.854 billion, an increase of RMB 88.672 billion or 4.90% from the end of the previous year.

The growth rate of credit assets is good. The bank adheres to its financial origin positioning, continuously optimizes the allocation of credit resources, reasonably controls the pace of investment, and accurately connects national strategies with the financing needs of the real economy. The balance of loans and advances issued was 1002.195 billion yuan, an increase of 52.447 billion yuan from the end of the previous year, with a growth rate of 5.52%, higher than the growth rate of total assets. From the perspective of regional layout, the credit investment in strategic regions such as Beijing Tianjin Hebei, Yangtze River Delta, Guangdong Hong Kong Macao Greater Bay Area, and Chengdu Chongqing Economic Circle continues to increase.

The debt structure continues to optimize. The bank has established a comprehensive debt management system, expanded diversified funding sources, deepened customer segmentation, and coordinated the use of various active debt tools. As of the end of the reporting period, the amount of deposits received was 1219.309 billion yuan, an increase of 80.533 billion yuan from the end of the previous year, with a growth rate of 7.07%. The deposit scale has steadily increased, driving the overall cost of debt to steadily decline.

Profitability is steadily improving. In the first half of 2026, Bohai Bank achieved a net profit of 4.151 billion yuan, an increase of 321 million yuan or 8.37% year-on-year; The annualized weighted average return on equity was 7.75%, an increase of 0.10 percentage points year-on-year. The bank continues to deepen cost reduction and efficiency improvement, with a year-on-year decrease of 37 basis points in deposit interest rates, and significant results in refined management.

Implementing the "Five Major Articles" and continuously increasing credit investment in key areas

During the reporting period, Bohai Bank focused on technology finance, green finance, inclusive finance, pension finance, and digital finance as key directions for serving the real economy. It continuously improved its product system, built a scenario based digital comprehensive service platform, and continuously enhanced its ability to accurately adapt financial services to the real economy.

Technology finance: Establish specialized departments and build exclusive ecosystems.To thoroughly implement the strategy of building a strong country through science and technology, the head office has established a first level department of science and technology finance, and improved the professional management structure. Focusing on key industries in the 15th Five Year Plan, we will concentrate on four ecosystems: funds, listed companies, regions, and tracks, improve the full lifecycle service system for science and technology innovation enterprises, and continuously enhance the professional and precise level of financial support for technological innovation. Continuously improving the comprehensive service system of "Bo Yin Science and Technology Innovation", providing full cycle financial services covering the start-up, growth, and maturity stages for national level specialized, refined, and innovative "little giants" and other technology-based enterprises. As of the end of the reporting period, the balance of loans for technology-based enterprises was 70.448 billion yuan, an increase of 6.318 billion yuan or 9.85% from the end of the previous year.

Green finance: Focus on key tracks and serve the "dual carbon" strategy.Bohai Bank actively practices the national concept of green and high-quality development, deeply promotes the construction of a beautiful China, and comprehensively serves the strategic goals of carbon peak and carbon neutrality. Focusing on key green industries such as energy storage, wind power, new energy vehicles, and AIDC, we will strengthen industry research and policy empowerment, establish a working mechanism of "industry research+policy interpretation+customer service", help enterprises seize opportunities for green transformation, promote the coordinated development of the green industry chain, and efficiently meet market financial service needs. As of the end of the reporting period, the balance of green loans was 59.68 billion yuan, an increase of 344 million yuan or 0.58% from the end of the previous year.

Inclusive finance: Improve product system and cultivate inclusive scenarios.Actively implementing the decisions and deployments of the Party Central Committee and the State Council on inclusive finance work, Bohai Bank fully practices the political and people-oriented nature of financial work, focuses on key areas of inclusive finance such as small and micro enterprises and people's livelihoods, and promotes the deepening and implementation of the financing coordination mechanism for small and micro enterprises. Adhere to the development strategy of "being genuine, being small, and doing well", with the development concept of technology empowering "digital, platform, scenario, and ecology", and embed inclusive financial services into various production and operation scenarios of small and micro enterprises by building four inclusive product lineages of "chain series, number series, fast series, and science series". During the reporting period, the cumulative amount of loans disbursed to small and micro enterprises was 79.215 billion yuan. We will focus on developing the flagship digital inclusive finance product "Bo Yin Shu E Dai". We have launched 19 specialized sub products in our branches, supporting personalized financial services and exclusive customized solutions for customers in different scenarios, and continuously improving our inclusive finance product system.

Pension finance: Improve the service system and steadily increase the scale of pension wealth.As one of the first commercial banks to obtain qualifications for personal pension business, Bohai Bank continues to upgrade its "Bohai Enjoyment Home" wealth inheritance service system and "Bohai Tai" pension financial service system, building a diversified pension product shelf covering customer asset preservation, appreciation, and inheritance needs, and systematically constructing a pension and elderly friendly ecosystem with the bank's characteristics. Build a professional service team, deeply explore the comprehensive financial needs of the elderly customer group, construct a new era of aging friendly characteristic service scenarios, and expand the coverage of the elderly customer group. Personal pension accounts increased by 15.77% compared to the same period last year, and the scale of wealth management service trust contracts increased by 84.21% compared to the same period last year.

Digital finance: Technology empowers transformation, digitalization empowers acceleration.Bohai Bank is driven by both digital technology and data elements, empowering business development and product innovation. During the reporting period, a total of 564 million yuan was invested in technology, and major technology projects were successively put into operation. The new generation of comprehensive fund business management system was fully launched in all stages, building a digital operation base for financial market business that spans all markets and categories, and integrates front, middle, and back offices, comprehensively improving investment transaction efficiency and risk management level. Based on the positioning of a boutique AI bank, relying on domestic computing power clusters, we have initially built a large model resource pool covering multiple types and specifications such as DeepSeek and Tongyi Qianwen, fully supporting the intelligent upgrading of business and management.

Continuously optimizing the multi polar support business structure in the public, retail, and financial markets

During the reporting period, Bohai Bank anchored its core strategic positioning in industry banking, transaction banking, and light banking, relying on the dual wheel drive of "customer listing+product listing", formed an industry exclusive team, and promoted the transformation of customer operations towards "industry systematic operation". As of the end of the reporting period, the company's total customer base increased by 5.10% compared to the end of the previous year, and the company's deposit balance increased by 47.065 billion yuan, or 6.75%, compared to the end of the previous year; The total amount of company loans increased by 52.355 billion yuan, or 7.35%, compared to the end of last year.

It is worth noting that the bank's transaction banking business has achieved synchronous growth in scale, structure, and value, with a year-on-year increase of 26% in both on balance sheet and off balance sheet business balances, and has been awarded the "Best Supply Chain Finance Innovation Bank of 2026". The international settlement volume increased by 24% year-on-year and won the "Golden Steering Award · Best Cross border Financial Growth Bank". The treasury service network covers 16 provinces and cities across the country, and the coverage rate of local state-owned enterprise customers in Tianjin has exceeded 50%. Bond underwriting increased by 9.34% year-on-year, ranking three places higher among lead underwriters in the interbank market.

In terms of retail business, during the reporting period, Bohai Bank adhered to customer centricity and value first, deepened the transformation of account banking, wealth banking, and ecological banking, relied on the three major product systems of "Bohai Bank e-Pay", "Bohai Bank e-Finance", and "Bohai Bank e-Loan", adhered to the dual wheel drive of incremental expansion and stock revitalization, and took multiple measures to promote the synchronous improvement of retail customer scale and quality. As of the end of the reporting period, retail customers increased by 7.59% compared to the same period last year, while mid to high end customers increased by 20.27% compared to the same period last year. The scale of wealth assets increased by 16.37% compared to the same period last year, among which the scale of entrusted wealth management increased by 6.27% compared to the same period last year, the scale of entrusted trusts, insurance, and funds increased by 32.06% compared to the same period last year, the income from wealth increased by 23.90% compared to the same period last year, and the balance of retail deposits increased by 22.76% compared to the same period last year.

The financial market business sector focuses on the positioning of bond banks, proxy banks and asset management banks, focuses on investment research capabilities, focuses on trend management, and focuses on serving customers, strengthening business model and product innovation, and has won many awards selected by the China Foreign Exchange Trading Center and the Central treasury bond Registration and Settlement Co., Ltd. The foreign exchange market business has maintained steady growth, with a significant increase in trading volume compared to the same period last year. The service system of "Bohai Bank Risk Avoidance" continues to improve, and the trading business of proxy funds is steadily developing. Effectively fulfilling the obligation of a comprehensive market maker in the interbank bond market, continuously receiving the "Floating Rate Bond Market Making Star" from the Foreign Exchange Trading Center, and entering the first tier of the market. During the reporting period, the wholly-owned subsidiary Boyin Wealth Management issued 459 wealth management products with a total sales amount of 247.298 billion yuan and a product balance of 277.106 billion yuan. Among them, the return rate of fixed income products was leading the market.

2026 is the starting year of the 15th Five Year Plan, and Bohai Bank has entered a new stage of high-quality development. The bank stated that in the second half of the year, it will continue to adhere to the general tone of seeking progress while maintaining stability, focus on building core capabilities, continue to upgrade the "95+31" strategy, fully implement the strategy of "customer listing, product listing, talent listing, branch promotion, process tracking, and AI deployment", and closely adhere to the fundamental purpose of financial services for the real economy. The bank will deeply cultivate the "five major articles" of finance, continuously consolidate differentiated competitive advantages in serving national strategies and promoting high-quality development, and contribute greater strength to economic and social development with better financial supply.