Chen Xingjian, President of Industrial Bank: Adhere to the principle of prefering to make concessions rather than take risks.

Chen Xingjian, President of Industrial Bank, stated at the bank's performance briefing for the first quarter of 2025 that the bank will adhere to the principle of "preferring to sacrifice profits rather than risk" in its risk policy this year. Firstly, they will proactively tighten risk control in high-risk areas with high non-performing loans. Secondly, they will proactively choose to slow down the speed of government and credit cooperation loans, and insist on conducting truly market-oriented and compliant projects. Thirdly, they will proactively adjust and reduce some inefficient assets, allocate limited resources to businesses with high marginal benefits, and release capital while alleviating downward pressure on asset yields. "In the short term, asset growth may slow down and have a certain impact on revenue growth, but in the medium and long term, these strategies are beneficial for the bank's sustainable and high-quality development," Chen Xingjian said.