On April 3rd, with the disclosure of the 2024 annual reports of six state-owned banks, the performance and business scale of their wealth management subsidiaries have also surfaced. In 2024, the six major state-owned bank wealth management subsidiaries all delivered impressive results: product management scale and net profit both achieved positive growth. Among them, the management scale of some wealth management subsidiaries increased by over 30% year-on-year, and the net profit increased by over 20% year-on-year. Specifically, the management scale of the six state-owned banks’ wealth management subsidiaries has all exceeded one trillion yuan, with a total scale of 10.05 trillion yuan, a year-on-year increase of 19.64%; The total net profit reached 9.236 billion yuan, a year-on-year increase of 16.12%.
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