Driven by the dual engines of "Intelligent Data + Green," SPD Bank actively practices the ESG development philosophy

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Against the backdrop of the “dual carbon” goals leading the way and the steady progress in building a strong financial nation, how commercial banks balance economic benefits and social responsibilities to achieve high-quality development has become a market focus. Recently, the “2025 Sustainable Development Report” and annual performance data released by SPD Bank depict a vivid picture centered on ESG (Environmental, Social, and Governance) as a strategic core, driven by digital and intelligent transformation, with operational performance and social value advancing in harmony.

The report shows that the bank’s asset size has historically surpassed 10 trillion yuan, with net profit attributable to the parent reaching 50.02B yuan. While maintaining steady growth in operating performance, its practices in key areas such as green finance, technology finance, and inclusive finance have also significantly deepened and expanded, demonstrating the resilience and responsibility of a modern financial institution.

Strategic Elevation: ESG Governance Strengthens the Foundation for Sustainable Development

SPD Bank deeply integrates sustainable development into its corporate DNA. This is not just empty words but is reflected in its increasingly完善 governance structure and clear strategic pathways. By 2025, the bank released its second annual sustainability report, revealing a maturing system. More importantly, it established a Group-level ESG Promotion Committee, systematically deepening the ESG management framework and incorporating ESG work planning into the “14th Five-Year” strategic formulation system.

This top-level design upgrade directly influences risk management and business guidance. During the reporting period, SPD Bank revised the “Green Finance Management Measures” and the “Environmental, Social, and Governance Risk Management Measures,” fully integrating ESG risk management for credit customers into its risk appetite and comprehensive risk management system. This means that from pre-loan due diligence to post-loan management, ESG factors have become an indispensable part of customer assessment and credit decision-making.

Under a clear governance framework, SPD Bank’s ESG practices have received high recognition from authoritative institutions both domestically and internationally. In 2025, its MSCI ESG rating rose to AA; it also ranked 8th in the “China ESG Listed Company State-Owned Enterprise Pioneers 100” and received an A-level in the Shanghai Stock Exchange’s information disclosure evaluation. These ratings and awards jointly confirm a substantial leap in its ESG governance, laying a solid governance foundation for long-term steady growth.

Green and Tech Dual-Drive: Empowering the Transformation and Upgrading of the Real Economy

If governance is the foundation, then green finance and technology finance are the two core engines serving the real economy and forging differentiated competitiveness. By 2025, the bank has achieved remarkable results in these two areas, closely aligned with the “five major articles” of financial development.

In green finance, SPD Bank has demonstrated comprehensive action from concept to practice. By the end of 2025, its green credit balance reached 707.37B yuan, a 23.95% increase, with a significant growth rate. Behind this is a comprehensive service system called “SPD Green Innovation” with the “1+6+8+N” structure, covering green credit, bonds, leasing, wealth management, and carbon finance products.

Its innovation goes beyond supporting clean energy projects to deeper involvement in the low-carbon transformation of traditional industries. During the reporting period, the bank launched Jiangsu Province’s first transformation finance project loan, Guangdong’s first new construction project transformation finance loan in the steel industry, and other “firsts,” precisely meeting the financing needs of high-carbon industries such as chemicals, steel, and shipping.

Notably, the bank also led the implementation of nationwide “dual firsts” in biodiversity protection-linked syndicate loans for manufacturing and foreign-invested enterprises, tying loan interest rates to ecological indicators such as the protected area of Poyang Lake Wetlands, exploring new paths for financial support of ecological value realization.

In technology finance, SPD Bank aims to become the “preferred partner bank” for tech companies. By 2025, its technology finance loan balance exceeded 1.04 trillion yuan, serving over 256k tech enterprises, including more than 80% of listed tech companies nationwide.

This achievement is supported by its integrated “Commercial Bank + Investment Bank + Ecosystem” service model. The bank has established 510 technology (specialty) branches nationwide and innovated with intelligent tools like the “Five Forces Model for Tech” to shift credit evaluation from “patent-focused” to “talent and technology-focused,” forming a full lifecycle service loop of “equity, debt, loans, guarantees, leasing, incubation, matchmaking, and networking.” For example, its subsidiary Shanghai Trust set up the “Puchuang Huazhang” tech innovation direct investment fund, and SPD Wealth Management issued products linked to the tech innovation index.

On February 9, 2026, the semiconductor A-share company Lankei Technology successfully listed on the Hong Kong Main Board. From supporting Lankei Technology for over twenty years until its “A+H” listing, to opening a composite service branch in Shanghai’s AI industry cluster zone, SPD Bank is deeply integrated into the national innovation system with “patient capital” and ecosystem services.

Digital Intelligence Empowers Inclusive Livelihoods: Continual Strengthening of Business Foundation

Excellent ESG performance and distinctive business expansion ultimately require a strong operational foundation and a commitment to serving the people. SPD Bank’s 2025 performance report shows that its “digital and intelligent strategy” has played a key role in improving efficiency and serving livelihoods.

On one hand, the bank’s operational resilience continues to be evident. In a complex economic environment, the bank’s total assets exceeded 10 trillion yuan, with operating income of 10.4k yuan and net profit attributable to the parent of 256k yuan, maintaining dual growth in revenue and profit. Its capital strength was also enhanced, with 50 billion yuan of convertible bonds achieving a 99.67% conversion rate, setting a record for the largest market-based conversion in A-shares. Continuous asset quality improvement provides a safety cushion for all strategic initiatives.

On the other hand, the deepening of the digital strategy has driven further improvements in service quality and efficiency. During the reporting period, SPD Bank advanced its “1-5-5-4-3-N” digital and intelligent strategy, which has entered an effectiveness phase. The report shows that in 2025, the bank invested 173.96B yuan in information technology and obtained 367 patents. Its “super platform” (such as “Puhui Laile” APP, mobile banking), “super products” (Puxian Loan, Puhui Loan, Puhui Chain, etc.), and “super systems” together form a new digital operation ecosystem.

By the end of 2025, the “Puhui Laile” platform had over 2.6 million registered users, serving nearly 70% of the bank’s corporate new clients; the “Puhui Chain” supply chain finance product saw a 194.82% increase in business volume that year, efficiently connecting over 11k core enterprises and their upstream and downstream partners.

Digital empowerment ultimately aims at inclusiveness and warmth. Through digital capabilities, inclusive finance can achieve precise targeting. By the end of 2025, the bank’s inclusive micro and small enterprise loan balance reached 50.02B yuan, a new high in nearly four years; the number of inclusive customers reached 509.8k, an increase of 24.22%. Meanwhile, SPD Bank launched the “PuGungYing” public welfare brand, with annual donations of 58.0343 million yuan, continuously investing in rural revitalization, financial consumer protection, employee development, and other fields, putting the original intention of “finance for the people” into practice.

SPD Bank’s practices show that ESG is a strategic fulcrum for driving innovation, managing risks, and building differentiated advantages. By deeply integrating green transformation, technological innovation, digital empowerment, and inclusive finance, SPD Bank has not only achieved steady and positive operational performance but also demonstrated the powerful strength of finance in serving national strategies and promoting high-quality real economy development.

SPD Bank states that, at the new starting point of the “14th Five-Year Plan,” it will use the “Green+” concept to depict the tone of sustainable development, leverage “Artificial Intelligence+” to reshape the financial service ecosystem, and comprehensively promote value creation, transfer, and realization, writing a new chapter of high-quality development in the journey of building a strong financial nation.