Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司* (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 6138)
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6138) 2019 ANNUAL RESULTS ANNOUNCEMENT The board of directors (the “Board”) of Harbin Bank Co., Ltd. (the “Bank”) is pleased to announce the audited annual results of the Bank and its subsidiaries (the “Group”) for the year ended 31 December 2019. This results announcement, containing the full text of the 2019 Annual Report of the Bank, complies with the relevant content requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to preliminary announcements of annual results. The annual financial statements of the Group for the year ended 31 December 2019 have been audited by Ernst & Young in accordance with International Standard on Review Engagements. Such annual results have also been reviewed by the Board and the Audit Committee of the Bank. Unless otherwise stated, financial data of the Group are presented in Renminbi. This results announcement is published on the websites of the Bank (www.hrbb.com.cn) and HKExnews (www.hkexnews.hk). The printed version of the 2019 Annual Report of the Bank will be dispatched to the holders of H shares of the Bank and available for viewing on the above websites in April 2020. The Company holds the Finance Permit No. B0306H223010001 approved by the China Banking and Insurance Regulatory Commission and has obtained the Business License (Unified Social Credit Code: 912301001275921118) approved by the Market Supervision and Administration Bureau of Harbin. The Company is not an authorised institution within the meaning of the Hong Kong Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorised to carry on banking/deposit-taking business in Hong Kong. Harbin Bank Co., Ltd. 1 Contents 2019 Annual Report Definitions 2 Company Profile 4 Summary of Accounting Data and Financial Indicators 10 Chairman’s Statement 13 President’s Statement 16 Report of the Board of Directors 19 Changes in Share Capital and Information on Shareholders 90 Corporate Governance Report 96 Report of the Board of Supervisors 130 Important Events 133 Directors, Supervisors, Senior Management, Employees and Organisations 140 Financial Statements 157 Documents for Inspection 292 2 Harbin Bank Co., Ltd. 2019 Annual Report Definitions Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement In this report, unless the context otherwise requires, the following terms shall have the meanings set out below. “Articles of Association” the articles of association of Harbin Bank Co., Ltd. “Board” or “Board of Directors” the board of directors of the Company “Board of Supervisors” the board of supervisors of the Company “CBIRC”/“CBRC” the China Banking and Insurance Regulatory Commission/former China Banking Regulatory Commission (before 17 March 2018) “PRC” the People’s Republic of China “Company” Harbin Bank Co., Ltd. (哈爾濱銀行股份有限公司), a joint stock company incorporated in the PRC on 25 July 1997 with limited liability in accordance with PRC laws “CSRC” the China Securities Regulatory Commission “Director(s)” the director(s) of the Company “Domestic Shares” ordinary shares of a nominal value of RMB1.00 each in the share capital of the Company, which are subscribed for or credited as paid in RMB “Group” or “Bank” the Company and all of its subsidiaries and branches “H Shares” overseas-listed foreign invested ordinary shares of a nominal value of RMB1.00 each in the share capital of the Company, which are listed on the Hong Kong Stock Exchange and subscribed and traded in HKD “Harbin Economic Development” Harbin Economic Development and Investment Company “HBCF” Harbin Bank Consumer Finance Co., Ltd. “HB Leasing” Harbin Bank Financial Leasing Co., Ltd. “Heilongjiang Financial Holdings” Heilongjiang Financial Holdings Group Co., Ltd. “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Hong Kong Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited Harbin Bank Co., Ltd. 3 2019 Annual Report Definitions Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement “Hong Kong Stock Exchange” the Stock Exchange of Hong Kong Limited “Model Code” the Model Code for Securities Transactions by Directors of Listed Issuers set out in Appendix 10 to the Hong Kong Listing Rules “PBOC” or “Central Bank” the People’s Bank of China “Reporting Period” the year ended 31 December 2019 “SFO” the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong “Supervisor(s)” the supervisor(s) of the Company 4 Harbin Bank Co., Ltd. 2019 Annual Report Company Profile Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement Basic Information Websites for Publishing this Report: Legal Chinese Name: www.hrbb.com.cn 哈爾濱銀行股份有限公司(Abbreviation: 哈爾濱銀行) www.hkexnews.hk English Name: Place Where this Report is Available: HARBIN BANK CO., LTD. (Abbreviation: HARBIN BANK) No. 888 Shangjiang Street, Daoli District, Harbin, PRC Legal Representative: Place of Listing, Stock Name and Stock Code: GUO Zhiwen The Stock Exchange of Hong Kong Limited, HARBIN BANK and 6138 Authorised Representatives for the Hong Kong Corporate Unified Social Credit Code: Stock Exchange: 912301001275921118 LYU Tianjun* and SUN Feixia Finance Permit Institution Number: Board Secretary: B0306H223010001 SUN Feixia Date of Initial Registration: Company Secretary: 25 July 1997 SUN Feixia Initial Registration Authority: Registered Address: Market Supervision and Administration Bureau of Harbin, No. 160 Shangzhi Street, Daoli District, Harbin, PRC Heilongjiang Province, PRC Principal Place of Business in Hong Kong: Legal Adviser as to Laws of China: 40th Floor, Sunlight Tower, No. 248 Queen’s Road East, Beijing Jun He Law Offices Wanchai, Hong Kong Legal Adviser as to Laws of Hong Kong, China: Contact Address: Linklaters No. 888 Shangjiang Street, Daoli District, Harbin, PRC Auditors: Telephone: Overseas auditor: Ernst & Young, Certified Public 86-451-86779933 Accountants in Hong Kong Domestic auditor: Ernst & Young Hua Ming LLP Facsimile: 86-451-86779829 Hong Kong H Share Registrar and Transfer Office: Computershare Hong Kong Investor Services Limited Email: [email protected] * The surname of 呂天君 as shown on his passport is LYU. Harbin Bank Co., Ltd. 5 2019 Annual Report Company Profile Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement Company Profile The Company, headquartered in Harbin, was granted its finance permit to carry on financial business by the PBOC in February 1997, and obtained its corporate business license on 25 July 1997. At present, the Company has established 17 branches in Tianjin, Chongqing, Dalian, Shenyang, Chengdu, Harbin, Daqing, etc. and 32 village and township banks in 14 provinces and municipalities, including Beijing, Guangdong, Jiangsu, Jilin and Heilongjiang. The Company, as a controlling shareholder, has promoted the establishment of HB Leasing, the first financial leasing company in Northeastern China, and HBCF, the first consumer finance company in Heilongjiang Province, respectively. As at 31 December 2019, the Group had 376 business outlets with branches and sub-branches across seven administrative regions in China. As at 31 December 2019, the Bank had total assets of RMB583.0894 billion, total loans and advances to customers of RMB263.6041 billion and total customer deposits of RMB425.6837 billion. In 2019, the Bank was ranked 217th in “Brand Finance Global 500 2019” published by Brand Finance (a famous UK-based branded business valuation consulting firm), 199th in “Top 1000 World Banks 2019” according to The Banker of United Kingdom, 1117th in the Forbes Global 2000, 34th in the “2018 China Banking Top 100 List (2018年中國銀行 業100強榜單)” of the China Banking Association, and 13th in the “City Commercial Banks with an Asset Size of more than RMB200 billion in 2018 for the Ranking of the GYROSCOPE Evaluation System (2018年“陀螺”評價體系之資產 規模2000億元以上城商行)” of the China Banking Association. The Bank also received the “2019 ‘Stars of China’ The Best Chinese Bank for the ‘Belt and Road Initiative’ for the Year (2019年“中國之星”年度最佳“一帶一路”中資銀行 大獎)” and “2019 Chinese Financial Institutions Golden Dragon Awards: Top Ten City Commercial Banks for the Year (2019中國金融機構金龍榜:年度十佳城市商業銀行) ”. 6 Harbin Bank Co., Ltd. 2019 Annual Report Company Profile Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement Major Awards for 2019 List of Major Awards for 2019 No. Name of Award Awarding Party Time of Award 1 National Advanced Unit for Cultural Construction in Research Association of January 2019 Financial Sector for 2017-2018 (2017-2018年全國金 Ideological and Political Work 融系統文化建設先進單位) of China Financial Institutions 2 Top 100 in Clearing House – Excellent Proprietary