Ningbo Bank Secretary of the Board Yu Gang Addresses Stock Price Movement: Strong Performance and Asset Quality Underpin Stability and Growth

Deep News05-15

On May 15, during the 2025 online performance briefing held by Bank of Ningbo, Secretary of the Board Yu Gang addressed inquiries regarding the stock price trend. Yu Gang stated that Bank of Ningbo's current stock price of RMB 31.84 continues to lead in valuation among A-share listed banks, fully reflecting the capital market's high recognition of the company's fundamentals and development prospects. The management team remains committed to driving long-term performance growth through prudent operational strategies, continuous innovation investment, and efficient operational management.

In 2025, the company achieved operating revenue of RMB 71.969 billion, a year-on-year increase of 8.01%, and net profit attributable to shareholders of RMB 29.333 billion, a year-on-year growth of 8.13%. The non-performing loan ratio stood at a low 0.76%. The positive momentum continued into the first quarter of 2026, with both revenue and net profit increasing by over 10%. The management believes that excellent performance and robust asset quality form a solid foundation for stock price stability and appreciation. The team will continue to monitor market dynamics, actively respond to market concerns, and ensure the market fully recognizes the investment value of Bank of Ningbo.

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