Yunnan Rural Commercial Bank's non-interest income drops 23.9% in 2025; Fosun Group reduces holdings twice at the start of the year

China Economic Net, Beijing, March 27—Chongqing Rural Commercial Bank (601077.SH) recently released its 2025 annual report. In 2025, Chongqing Rural Commercial Bank recorded operating revenue of 28.648 billion yuan, up 3.87 billion yuan year over year, an increase of 1.37%; net profit of 12.420 billion yuan, up 6.31 billion yuan year over year, an increase of 5.35%; net profit attributable to shareholders of the bank of 12.128 billion yuan, up 6.16 billion yuan year over year, an increase of 5.35%; and after excluding non-recurring gains and losses, net profit attributable to shareholders of the bank was 12.097 billion yuan, up 9.53 billion yuan year over year, an increase of 8.55%.

Yesterday, the Shanghai Securities News·China Securities Network published an article titled “Chongqing Rural Commercial Bank Achieves Double Growth in Operating Income and Net Profit in 2025; the Decline in Net Interest Margin Narrows.” The article said that Chongqing Rural Commercial Bank’s net interest margin saw the rate of decline narrow. As of the end of 2025, its net interest margin was 1.6%, down 1 basis point year over year, with the decline narrowing by 11 basis points compared with the previous year.

In an article titled “Xinwenjie｜Chongqing Rural Commercial Bank’s 2025 Profit Exceeds 12.1 Billion Yuan; Non-Interest Income Drops 23.92%,” published yesterday by Qilu Evening News·Qilu Yidian, it was pointed out that Chongqing Rural Commercial Bank’s non-interest income performance was weak. For the full year, it fell 23.92% year over year to 4.388 billion yuan, accounting for only 15.32% of operating revenue, which is below the industry average level for rural commercial banks. Specifically, net fee and commission income fell 19.71% year over year, mainly due to lower income from underwriting agency and wealth management-related businesses. Other non-interest net income fell 25.55% year over year, mainly because adjustments in the bond market in 2025 led to fluctuations in investment returns and downward pressure on net gains and losses from fair value changes. Both segments declined simultaneously, becoming the main factor dragging overall operating revenue growth.

In an article titled “Non-Interest Income Under Pressure, Chongqing Rural Commercial Bank’s Operating Revenue Rose Slightly by 1.37% Last Year; Fosun Group’s Line Reduced Its Holdings Twice Within the Year,” Times Finance noted that Fosun Group’s “Fosun Group” under Guo Guangchang is exiting. Since the beginning of this year, it has reduced its holdings of Chongqing Rural Commercial Bank’s H shares twice.

Guo Guangchang holds Chongqing Rural Commercial Bank’s H shares through related entities such as Fosun International Limited (abbreviated as “Fosun International”), and it is also one of the H shareholders with the highest ownership proportion in the bank. Its total shareholding proportion had previously exceeded 13%. According to data from Tonghuashun, on March 10, 2026, Guo Guangchang reduced its holdings by 2.8 million shares of Chongqing Rural Commercial Bank’s H shares through Fosun International Limited, with a transaction average price of HKD 5.96 per share; earlier in February, Guo Guangchang also reduced its holdings of 4.726 million H shares of Chongqing Rural Commercial Bank at about HKD 6.10 per share. At present, its latest number of shares held has fallen to about 300 million shares, and its shareholding ratio has decreased to 11.93%.

(Editor: Tian Yunfei)

A large amount of information and precise interpretation—available in the Sina Finance APP