Chongqing Rural Commercial Bank halted trading pending financial data release

Chongqing Rural Commercial Bank Co., Ltd. (CRCB) has requested a trading halt for its shares on the Stock Exchange of Hong Kong, effective 9:34 a.m. on April 8, 2025, pending the release of its preliminary financial data for the first quarter of 2025. The bank expects to release preliminary financial data that are prepared in accordance with the Accounting Standards for Enterprises but which have not been audited by an accounting firm. These data reveal a steady development in business with sound overall operation. Operating income reached RMB7.224 billion, up 1.35% year-on-year, with total profit at RMB4.239 billion, a 11.85% increase. Net profit climbed 4.24% to reach RMB3.817 billion, while net profit attributable to shareholders stood at RMB3.745 billion, up 6.27%. As of March 31, 2025, total assets reached RMB1,610.33 billion, representing a 6.30% increase from the end of the previous year. Total liabilities were RMB1,474.964 billion, an increase of 6.78%. The bank has applied to the Stock Exchange for the resumption of trading, with effect from 1:00 p.m. on April 8, 2025.