China Everbright Bank: FIRST QUARTERLY REPORT OF 2022

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China Everbright Bank Company Limited

(Stock company incorporated in the People’s Republic of China with limited liability)

(Stock code: 6818)

FIRST QUARTERLY REPORT OF 2022

The Board of Directors (the “Plank“) of China Everbright Bank Company Limited (the “Company“) hereby announces the unaudited results of the Company and its subsidiaries for the first quarter ended 31

March 2022 (the “Reporting period“) prepared in accordance with International Financial Reporting Standards (the “IFRSThis announcement is made pursuant to Part XIVA of the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Kong Limited.

The board of directors of

China Everbright Bank Company Limited

Beijing, the PRC

April 27, 2022

As of the date of this announcement, the executive directors of the Company are Mr. Fu Wanjun and Mr. Qu Liang; the non-executive directors are Mr. Wu Lijun, Mr. Yao Zhongyou, Mr. Yao Wei, Mr. Liu Chong and Mr. Li Wei; and the independent non-executive directors are Mr. Wang Liguo, Mr. Shao Ruiqing, Mr. Hong Yongmiao, Mr. Li Yinquan, Mr. Han Fuling and Mr. Liu Shiping.

China Everbright Bank Company Limited

First quarterly report of 2022

I.

IMPORTANT NOTICE

1.1

The Board of Directors, Supervisory Board and Directors, Supervisors and Senior Management

of the Bank hereby warrant the authenticity, accuracy and completeness of the contents of this

Report and that there are no material misrepresentations, misrepresentations or omissions,

and jointly and severally assume full responsibility for the information contained in this report.

1.2

38and The eighth session of the Bank’s Board of Directors was convened via

written resolution of April 27, 2022, by which the First quarterly report of 2022 was considered

and approved. 13 directors out of 13 exercised their right to vote.

1.3

Mr. Fu Wanjun, Executive Director and Chairman, Mr. Qu Liang, Executive Director and Director

Vice President, Mr. Zhao Ling, Executive Vice President Finance, and Mr.

Sun Xinhong, General Manager of Finance and Accounting Department, hereby guarantees

the authenticity, accuracy and completeness of the financial statements contained in this report.

1.4

The financial statements in this report have been prepared in accordance with the International Financial Standard

Reporting standards (“IFRS“) and have not been audited.

1.5

Unless otherwise stated, all monetary amounts in this report are in Renminbi/RMB.

1.6

In this report, “the Bank” refers to China Everbright Bank Company Limited, and “the Group”

means China Everbright Bank Company Limited and its subsidiaries.

II.

COMPANY PROFILE

2.1

Basic information

Action short name

A-shares: Everbright Bank

Stock code

A-shares: 601818

H shares: CEB BANK

H-shares: 6818

Exchanges for listing stocks

A-shares: Shanghai Stock Exchange (SSE)

H-shares: Hong Kong Exchanges and Clearing Limited (HKEX)

Contact

Secretary of the Board of Directors

Securities Business Representative

Zhao Ling

Zeng Wenxue

Investor Helpline

86-10-63636388

Customer Service / Complaint Hotline

95595

Facsimile

86-10-63636713

E-mail

[email protected]

China Everbright Bank, established in August 1992 and headquartered in Beijing, is a national joint-stock commercial bank approved by the State Council of China and the People’s Bank of China (PBOC). The Bank was listed on the SSE in August 2010 (stock code 601818) and on the HKEX in December 2013 (stock code 6818).

2.2

Strategy implementation

During the reporting period, the Bank resolutely implemented the decisions and plans of the CPC Central Committee and the State Council, and carried out the mission of a “national team” of financial enterprises public services, a professional wealth management team and a forward-thinking people’s livelihood services team. Based on the new stage of development, the Bank has applied the new development philosophy and served to create a new development model, made extensive efforts to facilitate the construction of a wealth management bank, and continuously improved its high quality development capability.

First, anchored in the real economy, the Bank has assumed its responsibilities. The Bank has fully implemented incentives and restraints such as the management of special credit schemes, differentiated CTF preferential policies and improved Balanced Scorecard assessment, and has strongly supported the development of key areas such as manufacturing, inclusive finance, green finance and rural revitalization. Medium and long-term industrial loans, solidarity loans to micro and small enterprises and green loans increased by 9.40%, 8.59% and 16.54% respectively over the end of the previous year, of which the growth rate is all higher than that of general loans.

Second, oriented towards providing benefits to the people, the Bank served to improve the welfare of the people. The Bank secured the leading position of Cloud Fee Payment as the largest open and convenient fee payment platform in China, expanded the coverage of government affairs fee payment services, and improved care services for groups with reduced mobility. With a total of 530 newly added services, the platform offered a total of 12,793 fee payment services in cumulative terms. The Bank has made refined efforts to provide subsistence services, including a pension agency payment service, a third-generation social security card service and the exclusive “Craftsman Card” service for migrant workers, with a rate annual growth of 10.12% in the amount of payroll agency transactions. The Bank has also supported and given preferential treatment to military personnel, veterans, martyrs and their families. 22 branches of the Bank carried out cooperation projects with organizations and units regarding certification of preferential treatment for veterans and other entitled groups.

Third, by promoting reform and innovation, the Bank has improved the quality and efficiency of its operations. The Bank expanded its settlement and other transaction banking business, expanded its high-quality liabilities, increased its deposit balance by RMB 168,182 million from the end of the previous year, lower costs deposit rates reaching a comparable level among its financial peers, and created favorable conditions for companies to reduce their overall financing costs. It promoted the development of fee-based activities that do not occupy the Bank’s risky assets and optimized the allocation of resources, thus gradually highlighting the effect of the transformation of light assets, the ratio of commission income from activities not occupying the Bank’s risk assets reaching 8.50%, up 1.01 percentage points year on year.

Fourth, by strictly protecting the bottom line from risk, the Bank has strengthened risk management and control. The Bank has advanced the risk manager dispatch mechanism and the risk integration mechanism for front office activities to improve the accuracy of marketing services and risk prevention and control. It has strengthened the real estate industry’s concentrated risk control, improved the risk management of scenario-based online lending, refined the industry’s search system for granting credit, and made risk prevention more prospective. By taking several measures, the Bank has maintained the overall stability of asset quality, and the NPL ratio, special mention loans ratio and delinquent loans ratio have all been lowered while the provision coverage ratio has been improved. increases.

III.

KEY FINANCIAL DATA

3.1

Key accounting data and financial indicators

Unit: Million RMB, %

Article

January-March 2022

January-March 2021

(retirement)5

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Operating result

38,810

38,798

0.03

net profit

11,835

11,573

2.26

Net income attributable to shareholders of the Bank

11,750

11,522

1.98

Basic earnings per share1 (RMB)

0.19

0.18

5.56

Diluted earnings per share2 (RMB)

0.17

0.17

Return on weighted average equity3 (%)

10.53

11.12

-0.59 percentage points

Net cash flow from operating activities

(217,555)

(72,208)

201.29

Article

March 31, 2022

December 31, 2021

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Total assets

6,247,231

5,902,069

5.85

Total equity attributable to shareholders of the Bank

490,333

482 489

1.63

Net assets per share attributable to common shareholders of the Bank4 (RMB)

7.13

6.99

2.00

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