A-shares and H-shares data are inconsistent; China Everbright Bank corrects branch-related data in the annual report.

Everbright Bank Corrects Inconsistent Data in A-Share and H-Share Annual Reports

On the evening of April 1, Everbright Bank issued a notice that revised the asset size data of branch offices in the 2025 annual report (H-shares) disclosed on the Hong Kong Stock Exchange.

Previously, in the 2025 annual reports disclosed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange on the evening of March 30, there were significant discrepancies in the asset size data of branch offices, with some branches’ asset sizes differing by more than ten times between the two versions, but the total number of branches and total assets remained consistent.

Specifically, in the A-share annual report, the asset sizes of Everbright Bank’s Shanghai Branch, Shijiazhuang Branch, Tianjin Branch, Qingdao Branch, Yantai Branch, Ningbo Branch, Shenzhen Branch, and Chengdu Branch were 443.19B yuan, 120.27B yuan, 101.33B yuan, 98.01 billion yuan, 72.6 billion yuan, 81.89B yuan, 286.7B yuan, and 96.14B yuan respectively. In the H-share annual report, the asset sizes of these branches were 39.54 billion yuan, 286.7B yuan, 59.84B yuan, 443.19B yuan, 27.47B yuan, 338.49B yuan, 51.88B yuan, and 145.88B yuan respectively.

On the evening of April 1, Everbright Bank’s H-share data on the Hong Kong Stock Exchange was corrected to match the A-share annual report. Everbright Bank stated that the correction did not affect any other information published in the annual performance announcement.

It is worth noting that Everbright Bank’s 2025 performance faced significant pressure. The annual report shows that in 2025, the bank achieved operating income of 126.31 billion yuan, a decrease of 9.10 billion yuan or 6.72% year-on-year; net profit attributable to the parent was 38.82 billion yuan, down 6.88%. At the end of 2025, Everbright Bank’s net interest margin was 1.40%, down 0.14 percentage points.

Everbright Bank Vice President and Chief Financial Officer Liu Yan responded at the earnings presentation on March 31 that the bank’s negative revenue growth last year was mainly due to narrowing net interest margins, a phased decline in other income, and factors related to coordinated development and safety.