Mission Statement, Vision, & Core Values (2026) of SPIC Industry-Finance Holdings Co., Ltd.

From its founding in 1998 and a strategic rebrand in May 2022, SPIC Industry-Finance Holdings Co., Ltd. (SZSE: 000958) has grown into a diversified group spanning power generation, heating, trust, insurance, asset and risk management, employing over 2,500 people and commanding a market capitalization of about CNY 36.23 billion as of late 2025; driven by a mission to "create value for better life," the company ties industrial strength to financial services, pursues a vision of becoming "globally competitive" and a top-tier joint-stock commercial bank that moves early to champion high-quality development, and anchors its strategy in core values of integrity, innovation, customer focus, responsibility and collaboration-principles that shape its investments, governance and day-to-day operations.

SPIC Industry-Finance Holdings Co., Ltd. (000958.SZ) - Intro

• Market cap (late 2025): CNY 36.23 billion
• Employees: >2,500
• Listing: Shenzhen Stock Exchange, ticker 000958
• Core businesses: power generation, heating, trust, insurance, asset & risk management

• Deliver reliable, sustainable energy and integrated financial solutions that support China's industrial modernization and regional development.
• Bridge industrial capital needs with tailored financial products to reduce financing frictions for energy and infrastructure projects.

• Be a leading integrated industry-finance platform in China, recognized for resilient energy assets and best-in-class financial risk management.
• Promote the low-carbon transition of industrial energy through investment, innovation, and aligned financial services.

• Safety & Reliability - maintain operational excellence in power and heating assets and prudent underwriting in financial businesses.
• Integrated Value - create synergies between industrial operations and finance to optimize capital allocation and project viability.
• Governance & Transparency - uphold listed-company disclosure standards and risk controls for investor confidence.
• Innovation & Sustainability - invest in decarbonization, efficiency improvements, and financial product innovation that support long-term resilience.
• Customer & Stakeholder Focus - balance shareholder returns with societal needs for energy security and stable financial services.

• Asset diversification - maintain a balanced portfolio across energy and financial assets to stabilize revenue volatility from commodity cycles.
• Capital efficiency - target improvements in return on invested capital (ROIC) by integrating financing solutions with core project development.
• Risk control - strengthen trust and insurance underwriting frameworks to limit counterparty and market exposures.

SPIC Industry-Finance Holdings Co., Ltd. (000958.SZ) - Overview

• Mission clarity: 'Create value for better life' frames investments and operations to deliver tangible benefits to customers, communities, employees, and shareholders.
• Integrated model: The company integrates industrial assets with financial services to optimize capital efficiency and value creation across its portfolio.
• Stakeholder orientation: Emphasis on societal well-being means projects are evaluated for both financial return and social impact.
• Strategic continuity: The mission has remained stable, providing a consistent lens for long-term strategic decisions and governance.

• Capital allocation: Financing and M&A prioritize assets and services that improve living standards (e.g., energy infrastructure, industrial modernization, financing for public-service projects).
• Risk management: ESG considerations and social outcomes are integrated into underwriting and investment review processes.
• Product design: Financial products and industrial services are tailored to support affordability, accessibility, and sustainability for end-users.

• Vision focus: To become a leading integrated industry-finance platform enabling sustainable development and improved livelihoods through capital and operational expertise.
• Growth vectors: Scaling value-added financial services, upgrading industrial capabilities, and expanding public-private partnership participation.
• Performance targets: The company uses KPI cascades from corporate mission to business-unit objectives to align growth with social value creation.

• Value creation: Prioritize initiatives that increase economic value while delivering social benefits.
• Responsibility: Operational and financial decisions reflect accountability to communities, regulators, and investors.
• Collaboration: Cross-functional integration between industry and finance teams accelerates solutions that serve end-user needs.
• Innovation: Pursuit of new financing structures and industrial technologies to improve service quality and accessibility.

• Financing industrial upgrades that raise productivity and worker safety standards, thereby improving incomes and livelihoods.
• Structuring concessional or blended finance for projects with high social return but longer payback periods.
• Partnering with local governments and institutions to deliver energy and infrastructure services that elevate living standards in under-served regions.

• Consistency: The mission provides investors with a predictable framework for evaluating strategy and capital deployment.
• Transparency: Reporting aligns financial results with mission-driven KPIs to show how profits and social outcomes are linked.
• Risk-return framing: The company communicates how social impact investments are assessed for financial viability and systemic benefit.

SPIC Industry-Finance Holdings Co., Ltd. (000958.SZ) - Mission Statement

• Commit to delivering integrated industry-finance solutions that support China's energy and industrial transformation while expanding commercial banking services.
• Pursue operational excellence and digital transformation to improve efficiency, client experience, and regulatory compliance.
• Maintain prudent risk management to safeguard asset quality and sustain stable returns to shareholders.
• Cultivate talent and corporate culture that drive innovation and global competitiveness.

• 'A globally competitive, top-notch joint-stock commercial bank which moves early to secure a leading position in promoting the finance sector toward high-quality development in the new era.'
• Focus areas embedded in the vision:
  • Global competitiveness - strategic international expansion and cross-border service capability.
  • Top-notch - commitment to best-in-class processes, service quality, and governance.
  • Move early - proactive market entry, innovation adoption, and preemptive risk frameworks.

• Industry-linked financing: deepen linkage with energy and industrial clients to provide tailored asset-liability solutions and support green transition projects.
• Capital & market access: leverage capital markets for diversified funding - bond issuance, securitizations, and equity partnerships to optimize funding cost and tenor.
• Digital & product innovation: expand digital channels, corporate treasury platforms, and structured finance products to meet sophisticated client needs.
• Risk governance: strengthen credit underwriting, concentration risk limits, and market-risk hedging while embedding ESG risk screening.
• Human capital & culture: recruit cross-border talent, upskill in fintech and capital markets, and incentivize long-term value creation.

• Launch of industry-finance integrated product suites targeting renewable energy and industrial transformation projects, aiming to increase fee income contribution by a targeted percentage each year.
• Rollout of a digital corporate banking platform to reduce turnaround time for loan approvals and boost client retention metrics.
• Implement an international expansion roadmap with priority markets, partnership outlines, and regulatory pathway milestones.

SPIC Industry-Finance Holdings Co., Ltd. (000958.SZ) - Vision Statement

• Provide tailored, value-added financial solutions that support industrial clients across the energy and related sectors.
• Create long-term shareholder value through prudent capital allocation and strategic investment.
• Promote stable, compliant, and transparent governance aligned with national industrial and financial policies.

• Integrity - Fundamental to all interactions, ensuring trust with clients, counterparties, regulators, and investors.
• Innovation - Continuous deployment of new products, digital channels, and data-driven risk models to meet evolving market needs.
• Customer focus - Prioritizing client outcomes through customized finance, asset management, and advisory services.
• Responsibility - Commitment to ethical governance, environmental stewardship, and social responsibility in lending and investment decisions.
• Collaboration - Leveraging group-level industrial synergies, strategic partners, and cross-disciplinary teams to execute complex transactions.

• Deepening industry-finance integration: cross-selling financing, leasing, and asset management to energy and equipment clients.
• Digitalization: expanding online distribution, credit models, and fintech partnerships to improve client onboarding and risk control.
• Sustainable finance: increasing green financing, ESG-linked lending, and investment in low-carbon projects.
• Risk governance: strengthening capital efficiency, provisioning, and concentration limits to maintain asset quality.

• Integrity - transparent disclosures and a non-performing asset ratio targeted below 2.0% to maintain stakeholder confidence.
• Innovation - allocation of R&D/digital transformation budget to scale credit automation and client portals; measured by digital channel penetration and cost-to-income improvements.
• Customer focus - growth in fee-based income (38% of operating revenue) driven by advisory, asset management, and transaction services.
• Responsibility - issuance and origination of green loans and ESG-linked products representing an increasing share of new credit origination.
• Collaboration - cross-business referrals and intragroup project finance contributing to a diversified asset base and improved asset utilization.