Bank of Jilin Publishes 2025 Interim Results, Convertible Bonds Further Enhance Development Momentum

On July 25th evening, Bank of Jilin (601665) published its interim results for the first half of 2025. According to the report, Bank of Jilin's assets exceeded 750 billion yuan, with net income of 27.34 billion yuan and a profit growth rate of 16.48%. The bank's operating indicators continued to show steady growth, and its asset quality continued to improve.

Since listing in 2021, Bank of Jilin has maintained a good track record for major business indicators. According to the latest data from this interim report, in the first half of 2025, Bank of Jilin achieved operating income of 67.82 billion yuan, up 5.76% year-on-year; and net profit attributable to shareholders was 27.34 billion yuan, up 16.48%. This has provided a certain margin of safety for its stock price.

It's worth noting that recently, the British magazine "Banker" published the latest ranking of the world's top 1000 banks in 2025. Bank of Jilin again entered the top 300, ranked No. 252, up 23 places from last year, demonstrating its hard power in terms of stable earnings growth, capital structure optimization, and regional characteristics.

Bank of Jilin has also issued an announcement on the early redemption of convertible bonds and share repurchases. According to the announcement, the bank's stock price has been above 130% of the current conversion price (5.00 yuan per share) for 15 consecutive trading days since June 3rd, triggering a conditional early redemption clause.

Bank of Jilin stated that investors holding convertible bonds can only choose to redeem them at 100 yuan per share with accrued interest (totaling 100.7068 yuan per share) or continue to trade on the secondary market until the specified deadline. As of July 25th, the closing price of the convertible bond was 123.494 yuan per share. If investors do not timely convert or sell their shares, they may face significant investment losses.

It is understood that Bank of Jilin's convertible bonds were issued on November 29th, 2022, with a scale of 80 billion yuan and a term of 6 years from 2022 to 2028. They listed on the Shanghai Stock Exchange on December 31st, 2022. From June 5th, 2023, they can be converted into Bank of Jilin's A-share ordinary shares. As of July 25th, 62.5 billion yuan had been converted.

Industry insiders pointed out that the early redemption of convertible bonds can encourage investors to convert their holdings, thereby effectively enhancing bank capital strength and supporting business expansion and risk management. At the same time, the bank will not need to pay interest on debt securities in the future, reducing financial costs and improving long-term stability.

In the future, enhanced capital strength will directly translate into Bank of Jilin's ability to serve the real economy through green finance, inclusive finance, and other key areas. With convertible bonds converted, Bank of Jilin's capital strength and service capabilities for the real economy will be further upgraded, leading to a higher valuation of the company, which may drive its stock price to release growth potential.