Editor's note:According to the 2022 annual report released by Shanghai Pudong Development Bank, as of the end of 2022, the total assets exceeded 87 trillion yuan, 42 domestic and foreign first-class branches, more than 1,700 business institutions, forming a development pattern of "based in Shanghai, radiating the whole country and going to the world".The business areas cover trust, leasing, overseas investment banking, money brokerage, science and technology banking, wealth management subsidiaries, village and township banks and other financial formats, realizing a cross-market and cross-field diversified financial service layout. The market influence continues to grow, ranking 226th in the Fortune Global 500, 18th in the Banker Global 1000, and 108th in the Forbes Global 2000.
In his speech at the annual report, the chairman of SPD Bank said that in the past 30 years, we have achieved a historical leap from scratch and from existence to strength, and steadily marched into the ranks of the world's advanced banks. Over the past 30 years, we have demonstrated the mission of serving the country and the people with finance, and have continuously achieved greater achievements in serving the real economy. Over the past 30 years, we have formed a strategically led, diversified and balanced development situation, and high-quality development has entered a new stage. Over the past 30 years, we have built an intensive, efficient, and effective internal control framework with effective checks and balances, and the construction of a comprehensive risk management system has achieved remarkable results. Over the past 30 years, we have built a scientific, reasonable, coordinated and orderly governance mechanism, and the level of modern corporate governance has been continuously improved. Over the past 30 years, we have created a corporate culture that keeps pace with the times and has distinctive characteristics, and the centripetal force, cohesion and soft power have continued to improve. Comprehensively benchmark against the world's first-class, and accelerate towards "comprehensive first-class". Integrity, innovation and coordinated development drive the "surging power" of transformation. Keep the bottom line and work together to achieve steady and far-reaching "everlasting foundation".
Thirty and standing, and then "Pu" a new chapter
Thirty and standing, self-confidence and self-improvement
On January 9, 1993, with the sonorous pace of Pudong's development and opening up, Shanghai Pudong Development Bank came into being. After 30 years of unremitting struggle, Shanghai Pudong Development Bank has always adhered to the leadership of the party, led the development with party building, and built the "root" and "soul" of the development of the whole bankAlways adhering to the core values of "abiding by integrity and creating excellence", we have been working hard and working hardAlways take serving the overall situation as its own responsibility, and constantly create a new situation of vigorous development of SPD in the magnificent tide of reform and opening up, in the process of rapid development of financial services and innovation, and in the new era of building a new development pattern and building a modern socialist power.
Over the past 30 years, we have made a historical leap from scratch and from existence to strength, and steadily moved towards the ranks of the world's advanced banks. Total assets of more than 87 trillion yuan, 42 domestic and foreign first-class branches, more than 1,700 business institutions, forming a development pattern of "based in Shanghai, radiating the whole country and going to the world".The business areas cover trust, leasing, overseas investment banking, money brokerage, science and technology banking, wealth management subsidiaries, village and township banks and other financial formats, realizing a cross-market and cross-field diversified financial service layout. The market influence continues to grow, ranking 226th in the Fortune Global 500, 18th in the Banker Global 1000, and 108th in the Forbes Global 2000.
Over the past 30 years, we have demonstrated the mission of serving the country and the people with finance, and have continuously achieved greater achievements in serving the real economy. It has always found the correct positioning in the development of the cause of the party and the country, and actively served the national and regional strategies such as the integration of the Yangtze River Delta, Beijing-Tianjin-Hebei, and the Guangdong-Hong Kong-Macao Greater Bay Area. We will make every effort to serve the construction of the leading area of Shanghai Pudong New Area, the "three major tasks" and "five centers" and other major matters. We continued to strengthen support for key areas and weak links in social development, such as manufacturing, inclusive small and micro enterprises, scientific and technological innovation, green and low-carbon, rural revitalization, and people's livelihood consumption, and contributed to the country's smooth realization of the centenary goal.
Over the past 30 years, we have formed a strategically led, diversified and balanced development situation, and high-quality development has entered a new stage. It has clarified the strategic goal of "building a first-class joint-stock commercial bank with international competitiveness in an all-round way" and the "three-pillar" strategic response framework of "high-quality development as the main line", "service-oriented" and "market-oriented", and made every effort to promote the "three transformations" of lightweight, "dual carbon" and digitalization. We continued to deepen the structural adjustment of customers, business, revenue, channels and regions, further optimized the development structure, and the proportion of business revenue in the three major segments became more and more balanced. Adhere to the belief of "long-termism", continue to build execution projects, continuously optimize the institutionalized and standardized closed-loop process of strategy implementation, and increase the overall coordination of strategic deployment.
Over the past 30 years, we have built an intensive, efficient, and effective internal control framework with effective checks and balances, and the construction of a comprehensive risk management system has achieved remarkable results. We will continue to deepen the reform of systems and mechanisms, and promote the construction of vertical systems.
1. An intensive, efficient, professional and prudent comprehensive risk management system. We continued to strengthen the construction of the internal control system, and set up compliance officers in the three major business segments of corporate, retail and financial markets to promote the compliance and steady development of each operating institution. We have further promoted the reform of the audit structure, implemented the reform of the audit vertical management system, significantly improved the effectiveness of audit supervision, and further improved the coordinated prevention and control pattern of the front, middle and back offices.
Over the past 30 years, we have built a scientific, reasonable, coordinated and orderly governance mechanism, and the level of modern corporate governance has been continuously improved. Give full play to the role of the party committee in "setting the direction, managing the overall situation, and ensuring implementation", optimize the "pre-procedure" and the "three-fold and one-big" decision-making system, and form a work pattern of deep integration of the party's political advantages, organizational advantages and modern corporate governance advantages. We will continue to benchmark against the best corporate governance practices and standards, and explore and improve the system of modern financial enterprises with Chinese characteristics. It is our responsibility to build an excellent board of directors to promote and ensure the healthy and sustainable development of the company. Abide by the responsibilities of systemically important banks, adhere to the path of capital-light development, continuously improve the assessment, incentive and restraint mechanism, and form a corporate governance mechanism with reasonable structure, strict procedures, scientific decision-making, efficient operation, and coordinated and orderly.
Over the past 30 years, we have created a corporate culture that keeps pace with the times and has distinctive characteristics, and the centripetal force, cohesion and soft power have continued to improve. Integrate ESG concepts into the entire process of operation and management, and actively practice economic, environmental and social responsibilities. Adhere to the customer-centric business philosophy, continue to strengthen the protection of consumer rights and interests, optimize the service process, and enhance the customer's sense of gain, happiness and security. Committed to the construction of people-oriented corporate culture, vigorously promote the spirit of dedication, sense of responsibility and overall situation, continue to enrich and improve the new version of the corporate culture concept system of SPD Bank, and the image of "digital SPD", "steady SPD", "Endeavor SPD" and "happy SPD" is more deeply rooted in the hearts of the people, and promotes the transformation of cultural power into productivity and creativity.
The struggle is full of hardships, and the achievements are inspiring. Over the past 30 years, all the achievements we have made are the result of the strong leadership of the Shanghai Municipal Party Committee and the Shanghai Municipal Committee, the result of the enterprising and hard work of all SPD people, and the result of the support and help from all walks of life. Here, on behalf of SPD Bank, I would like to express my heartfelt thanks and heartfelt respect to the investors who have been concerned about our development for a long time, and to all friends from all walks of life who have supported the cause of SPD
Stick to the long-term and continue to write glory
2023 is not only the 30th anniversary of the opening of SPD Bank, but also the first year for the full implementation of the spirit of the 20th National Congress of the Communist Party of China. Standing at the starting point of a new journey, SPD Bank will continue to adhere to the "long-termism", open a new time scale, and shine in the historical coordinates.
Party building leads high-quality development and gathers the core "majestic power". Facing the future, we will continue to keep the overall situation in mind, effectively integrate the party's leadership into all aspects of corporate governance, put our own development in the overall deployment of the national development strategy, and promote the unity of corporate value and social value with the times. Earnestly adhere to the central task and serve the overall situation, adhere to the political and people's nature of financial work, continue to increase financial support for key social areas and weak links, and be the vanguard and pioneer of the development of socialism with Chinese characteristics in financial services.
Comprehensively benchmark against the world's first-class, and accelerate towards "comprehensive first-class". Facing the future, we will adhere to long-termism, in accordance with the standards of "excellent products, outstanding brands, leading innovation, and modern governance" to build a world-class enterprise, benchmark against advanced peers at home and abroad, deeply practice the concept of ESG, focus on green development, promote common prosperity, realize the unity of development quality and social benefits, and accelerate the realization of "comprehensive first-class". Introduce the "comprehensive first-class" deployment requirements from the aspects of strategic objectives, strategy execution, business operations, basic management, benchmarking mechanism, etc., integrate them into the whole field and process of the bank's operation and management, and effectively refine the strategic deployment into construction drawings and high-quality into real-life paintings.
Integrity, innovation and coordinated development drive the "surging power" of transformation. Facing the future, we will focus on customer needs and experience, accelerate the improvement of product and service innovation capabilities, strive to build a first-class product and service system, and form a number of fist products and characteristic services with high added value, differentiation and core competitiveness. In the process of promoting lightweight, "dual carbon" and digital transformation, we will focus on strengthening the empowerment of digitalization for "dual carbon" transformation and lightweight transformation, strengthen the integration of industry and technology, reshape the user journey with digital thinking, realize full journey companionship, and provide customers with excellent experience.
Keep the bottom line and work together to achieve steady and far-reaching "everlasting foundation". Looking ahead, we will strictly implement the requirements of financial supervision, continue to deepen the reform of systems and mechanisms in the field of risk, adjust and optimize the organizational structure and institutional processes of risk compliance and internal control management, further promote the construction of a comprehensive risk management system, firmly maintain the bottom line of financial security risks, and accelerate the improvement of risk management capabilities to respond to major shocks and pass through economic cycles. We will strive to become the preferred bank trusted by customers, a high-quality blue-chip bank in the capital market, a warm home for employees to share the fruits of development, a systemically important bank with stable compliance and reliable supervision, and an excellent corporate citizen that is respected and trusted, so as to realize the unity of corporate value and social value.
Set sail for the future
The new journey is a beautiful era with bright prospects and many opportunities, and it must also be an era of competition in which thousands of sails compete and those who advance bravely win. If the last 30 years are the 30 years of SPD Bank's mission and hard work;The next 30 years should be a new 30 years for SPD Bank to continue to write a new chapter, create new glories, and move forward firmly towards a world-class enterprise. We will strengthen our belief in long-term philosophy and confidence in high-quality development, actively carry forward the spirit of "four dares" of daring, daring, daring and daring to take the initiative, anchor the goal of "comprehensive first-class", set sail again without fear of short-term fluctuations, and promote the whole bank to jump out of the historical cycle of commercial bank's operation and development with new achievements in high-quality development.
On the new journey of building a first-class joint-stock commercial bank with international competitiveness in an all-round way, we will continue to be guided by the thought of socialism with Chinese characteristics in the new era, fully implement the decision-making and deployment of the Shanghai Municipal Party Committee and the Municipal Committee, scientifically grasp the new stage of development, fully implement the new development concept, and actively serve the construction of a new development pattern. We will chase the light, walk in the light, keep the integrity and innovation, self-confidence and self-improvement, work hard, do good work, and draw a new chapter of high-quality and sustainable development!
Secretary of the Party Committee and Chairman: Zheng Yang.