Everbright Bank's stock price fell more than 9% in the morning trading, and President Wang Zhiheng responded: Stable operating fundamentals and full confidence in the future

On the morning of March 28th, the A-share price of Everbright Bank fell by over 9%, while the H-share price fell by 13%. On the morning of March 28th and the morning of March 28th, Wang Zhiheng, the President of Everbright Bank, explained at the 2023 annual performance briefing that the main reason for the decrease in net profit was the increase in credit impairment provisions, which was mainly to strengthen the foundation of asset quality. At the same time, the new regulatory risk classification regulations were strictly implemented, further strengthening the disposal of existing risks. These measures have indeed had a certain impact on short-term profitability. "In the morning, I also saw feedback from the capital market on Everbright Bank. What I want to tell you is that the fundamentals of Everbright Bank's operations are stable, and there are no major risk events that should have been disclosed but not disclosed. Please rest assured that we are full of confidence in the future of Everbright Bank," said Wang Zhiheng.