China Everbright Bank: FIRST QUARTER REPORT 2022

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited accept no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability for any loss arising out of or in reliance on the announcement all or part of the content of this announcement.

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China Everbright Bank Company Limited

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

(Article number: 6818)

FIRST QUARTERLY REPORT 2022

The Board of Directors (theplank“) of China Everbright Bank Company Limited (the “company“) hereby reports the unaudited results of the Company and its subsidiaries for the first quarter ended December 31, 2008

March 2022 (the “reporting period“), prepared in accordance with the International Financial Reporting Standards (the “IFRS“). This announcement is made in accordance with Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Hong Kong Laws) and Rule 13.09 of the Rules for the Listing of Securities on the Stock Exchange of Hong Kong Limited.

The Board of

China Everbright Bank Company Limited

Beijing, PRC

April 27, 2022

As of the date of this announcement, the Company’s Executive Directors 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 2022

I.

IMPORTANT NOTE

1.1

The board of directors, the supervisory board and the directors, the superiors and the management

the Bank hereby guarantee the authenticity, correctness and completeness of the content of these

report and that there are no misrepresentations, misleading statements or material omissions,

and accept joint and several responsibility for the information in this report.

1.2

The 38thth The session of the eighth session of the Board of Directors of the bank was convened via

written resolution dated April 27, 2022, in which the First Quarterly Report 2022 was considered

and approved. 13 out of 13 directors exercised their voting rights.

1.3

Mr. Fu Wanjun, General Manager and President, Mr. Qu Liang, General Manager and General Manager

Vice President, Mr. Zhao Ling, Executive Vice President in charge of Finance, and Mr.

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

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

1.4

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

Reporting Standards (“IFRS“) and were unchecked.

1.5

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

1.6

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

refers to China Everbright Bank Company Limited and its subsidiaries.

II.

COMPANY PROFILE

2.1

basic information

Warehouse abbreviated name

A Shares: Everbright Bank

warehouse code

A shares: 601818

H shares: CEB BANK

H shares: 6818

Exchanges for listing shares

A shares: Shanghai Stock Exchange (SSE)

H Shares: Hong Kong Exchanges and Clearing Limited (HKEX)

Contact

Secretary to the Board of Directors

Securities Affairs Representative

Zhao Ling

Zeng Wenxue

Investor Hotline

86-10-63636388

Customer service/complaint hotline

95595

facsimile

86-10-63636713

E-mail

[email protected]

China Everbright Bank was founded in August 1992 and is headquartered in Beijing. It is a national stock trading bank authorized 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 fulfilled the mission of a “national team” of financial state-owned enterprises, a professional wealth management team and a vanguard team of people’s livelihood services. Based on the new stage of development, the bank applied the new development philosophy and served to create a new development pattern, made thorough efforts to facilitate the construction of a wealth management bank, and continuously improved its high-quality development capacity.

First, the bank, rooted in the real economy, has taken its due responsibilities. The bank has fully implemented incentive and restraint measures such as dedicated loan plan management, differentiated FTP preferential policies and enhanced Balanced Scorecard assessment, and has strongly supported the development of key areas such as manufacturing industry inclusive finance, green finance and rural revitalization. Medium- and long-term manufacturing loans, including micro and small business loans and green loans, increased by 9.40%, 8.59% and 16.54% from the end of last year, all of which had higher growth rates of general credit.

Second, the bank, designed to benefit people, served to improve people’s well-being. The bank secured the leading position of cloud fee payment as the largest open and convenient fee payment platform in China, expanded coverage of fee payment services for government affairs, and improved care services for disabled groups. With a number of 530 newly added services, the platform has cumulatively offered a total of 12,793 fee payment services. The bank undertook a refined effort in providing livelihood services, including the Retirement Agency payment service, the third-generation social security card service and the Craftsman Card service only for migrant workers, with a CAGR of 10.12% in the amount of business wage agency. The bank also supported service members, veterans, martyrs and their families and gave them preferential treatment. 22 branches of the bank have carried out cooperation projects with organizations and units on preferential treatment certification for ex-servicemen and other eligible groups.

Third, by promoting reform and innovation, the Bank improved the quality and efficiency of its operations. The bank expanded settlement business and other transactional banking, expanded high-value liabilities, increased its deposit balance by RMB 168,182 million from the end of last year, with the decline in deposit costs reaching a comparable level among financial peers, and created favorable conditions for companies to reduce the overall financing costs to lower. It promoted the development of fee-based businesses not occupying bank’s risk-weighted assets and optimized resource allocation, gradually showing the impact of light asset transformation, with the ratio of fee-based earnings from businesses not occupying bank’s risk-weighted assets being 8th .50% achieved, 1.01 percentage points more than in the previous year.

Fourth, while strictly safeguarding risks, the bank has strengthened risk management and control. The bank has advanced the risk manager deployment mechanism and the risk embedding mechanism for the front-office business to improve the accuracy of marketing services and risk prevention and control. It strengthened the real estate industry’s concentrated risk control, improved the risk management of scenario-based online lending, refined the lending industry research system, and made risk prevention more forward-looking. The bank took several measures to keep the overall asset quality stable and the NPL ratio, the featured loan ratio and the delinquent loan ratio were all reduced while the coverage ratio for provisions increased.

III.

FINANCIAL FIGURES

3.1

Accounting metrics and financial metrics

Unit: RMB million, %

article

January-March 2022

January-March 2021

(customized)5

To change

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

To change

total assets

6,247,231

5,902,069

5.85

Equity attributable to shareholders of the bank

490,333

482,489

1.63

Net assets per share attributable to the bank’s common shareholders4 (RMB)

7.13

6.99

2.00

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