On behalf of the board of directors, I would like to present the operating results achieved by our group in 2024 to all shareholders and express our gratitude for your support to the company.
For the year ended December 31, 2024, our net interest income was RMB 112.3 million; net profit was RMB 96.3 million; and the loan balance reached RMB 727.7 million.
Global economic growth showed a clear divergence in 2024. As the world's largest economy, the United States saw its economic growth gradually slow down in this year. In terms of international trade, trade protectionism remains an important factor hindering the coordinated development of the global economy. Although all countries understand the importance of trade cooperation for economic growth under the background of economic globalization, trade frictions occur from time to time in reality due to factors such as political relations and trade imbalances. In addition, emerging economies are gradually rising in the global economic pattern.
The global economic recovery process is unbalanced, trade protectionism in international trade is on the rise, and geopolitical conflicts occur frequently, bringing greater uncertainty to China's external environment. There are still structural contradictions in the domestic economy, with overcapacity in some industries and insufficient innovation capabilities, so efforts are still needed for high-quality development. There are still shortcomings in people's livelihood fields such as education, medical care, and elderly care, and the problem of unbalanced development between urban and rural areas and regions is still prominent.
In the past year, our company has actively responded to national financial policies, adhered to the service concept of "small amount, diversification, flexibility, and convenience", and strived to provide efficient and high-quality financial services for micro, small, medium and large enterprises and individuals. The company strictly controls loan risks, and ensures the steady improvement of loan quality through a perfect risk assessment system and post-loan management mechanism.
In terms of team building, we actively organize various activities to promote communication and collaboration among employees, such as regularly holding reading clubs to share knowledge and insights and create a strong learning atmosphere; at the same time, we arrange for employees to participate in training sessions held by industry experts for in-depth learning, keep up with industry trends, and improve the professional quality of the team. In addition, we strongly encourage employees to take professional qualification exams and provide necessary learning resources and time support; for employees who aspire to further their education, the company also gives full understanding and support, including flexible work arrangements and financial assistance, to help employees achieve personal growth and career development.
In the future, we will continue to continuously optimize business processes, strengthen risk control, promote service innovation, and provide more high-quality and efficient financial services for micro, small, medium and large enterprises and individuals.
