Hong Kong, March 29, 2024 - (ACN Newswire) - In recent years, the development of the financial leasing industry has slowed down under the background of downward macroeconomic pressure and tightened supervision. Against this background, my country's financial leasing industry has actively adjusted its development ideas and strived to optimize its asset structure. The industry has begun to enter a new stage of quality improvement, efficiency improvement, and transformation and development.
Among them, Haitong Hengxin (1905.HK) is based on the origin of leasing, adhering to its original mission of serving the real economy, seizing the opportunities of the transformation and upgrading of traditional industries and the accelerated construction of modern industrial systems, and has improved profits, stabilized scale, risk control, financing optimization, etc. Achieved good results and handed over a high-quality answer sheet to the society. In 2023, the company achieved a total revenue of RMB 8.412 billion and an annual profit of RMB 1.607 billion. The annual profit increased by 4.9% year-on-year, reaching a record high.
Haitong Hengxin continues to optimize the allocation of assets and liabilities, with balanced development of various business segments and an increase in the average yield of interest-earning assets. At the same time, by optimizing the liability structure and continuously guiding high-quality and low-cost funds to support business development, the average interest rate of interest-bearing liabilities continued to decline and profitability continued to improve. In 2023, the Group's net interest margin was 3.22%, an increase of 0.14 percentage points from the previous year.
Focus on promoting investment in emerging fields and consolidating the industrial ecosystem
Under the strategic thinking of "integration of industry and finance", Haitong Hengxin has proactively adjusted its key business layout, followed the main line of serving the national strategy and the real economy, continued to increase investment in advanced manufacturing, energy and environmental protection and other fields, and strived to promote the optimization of business structure and Industrial transformation and development.
In 2023, Haitong Hengxin will vigorously promote business expansion in strategic emerging areas such as advanced manufacturing, green leasing, and digital economy, and guide the steady increase in the proportion of direct leasing business. At the same time, the company uses comprehensive financial services to create the characteristics of integrating industry and finance, actively promotes the industrial transformation of business, and actively builds industrial ecosystems such as advanced manufacturing, green travel, new energy, energy conservation and environmental protection, IDC/computing power, small and micro inclusive, etc. Further optimize asset allocation.
In 2023, Haitong Hengxin's advanced manufacturing business will invest approximately RMB 16 billion, accounting for more than 28% of the investment; its green leasing business will invest more than RMB 13 billion, accounting for approximately 23%; the digital economy business will invest approximately RMB 3.1 billion throughout the year. , the delivery ratio exceeds 5%.
In terms of inclusive finance, Haitong Hengxin has grasped the changes in the needs of inclusive finance customers in the digital era, continuously calculated financial products, deepened corporate-to-corporate strategic cooperation with core enterprises in the industry chain, discovered high-quality small and micro enterprises with core competitiveness, and launched small and micro enterprises. New driving force for enterprise development.
In terms of green travel, Haitong Hengxin actively responds to the national "double carbon" strategic goal, leverages its transportation and logistics resource advantages, and establishes long-term cooperative relationships with major domestic host manufacturers, shared travel and freight flow platforms, and high-quality logistics companies, focusing on light, storage and Deepen the layout of green travel with , charging and changing scenarios.
Continue to expand financing channels and effectively reduce financing costs
Financial leasing is a capital-intensive industry. In 2023, Haitong Hengxin will continue to expand diversified and stable financing channels in order to support the company's business development and lay a solid foundation for the company's long-term sustainable development.
In 2023, Haitong Hengxin will further innovate financing methods, continuously enrich green financing varieties, explore and launch the industry's first innovative financing tools many times, and guide high-quality funds to support business development in key areas such as advanced manufacturing, green leasing, and the digital economy. During the year, the company issued the industry's first "Digital Economy" technological innovation corporate bond and the industry's first "Yangtze River Economic Belt" asset-backed securities, and won the "Best Exchange Financing Innovation Award of the Year" and "Best Exchange Financing Word Innovation Award of the Year" at the "Golden Spring Awards" ESG Financing Award", "Golden Laurel Award", "Most Industry Impact Product Award" and "Best Green Financial Product Award" and other awards.
Thanks to the continuous expansion of financing channels, Haitong Hengxin's financing capabilities have been continuously enhanced and financing costs have been effectively reduced. In 2023, the average interest payment rate of Haitong Hengxin's interest-bearing liabilities was 3.63%, a year-on-year decrease of 0.10 percentage points.
Increase investment in financial technology and make great articles on digital finance
The 2023 Central Financial Work Conference clearly proposed to do a good job in "five major articles" of technology finance, green finance, inclusive finance, pension finance, and digital finance, which pointed out the path for further promoting high-quality financial development and taking the path of financial development with Chinese characteristics. direction.
Focusing on the development requirements of "Technology Finance" and "Digital Finance", Haitong Hengxin continues to increase investment in financial technology, embeds financial technology into all aspects of the company's operation and management, and uses digital means to reshape, catalyze, and innovate business scenarios and business models. , focusing on improving the online management level of the entire business process, promoting the company's continuous digital and intelligent upgrades, comprehensively empowering the efficient development of business, and creating a new pattern of high-quality development.
At present, Haitong Hengxin’s Internet customer acquisition app ensures the smooth progress of online exhibitions, the video due diligence and electronic contracting platform improve the efficiency of project promotion in remote scenarios, the risk control engine realizes system-assisted decision-making by accessing massive external data, and the Internet of Things monitors The platform and E-Vision ensure the security of post-lease assets. The smart data model for fund management and expense control improves the efficiency of fund use and optimizes expense control. The self-developed mobile office client improves the convenience of daily operation and management. Fintech further enhances the front, middle and Overall performance of the backend.
Driven by pressure from the external real economy and intensified internal competition, the survival of the fittest in the financial leasing industry has accelerated, creating good development opportunities for leading professional and compliant companies. In the future, Haitong Hengxin will continue to focus on the integration of industry and finance, adhering to the purpose of "serving the local economy, serving real enterprises, and serving regional characteristics", using its own resources and professional advantages to deeply integrate financial services into industrial scenarios to help high-quality development of the real economy. , and make greater contributions to economic and social development.