Yang Wei, Vice President of Huaxia Bank: The decrease in interest spreads is an industry-wide trend. We will continue to optimize the asset-liability structure in the second half of the year.

On August 29, Huaxia Bank held a mid-year performance briefing on the performance of the bank in 2025. Yang Wei, Vice President of Huaxia Bank and Finance Director, as well as the secretary of the Board of Directors, answered questions from the press on "how to stabilize the interest margin." Yang Wei stated that since the current round of interest rate cuts, the interest margin of the banking industry has continued to decrease, and our bank has been in line with the industry. In the second half of 2025, our bank will continue to optimize the asset-liability structure, accelerate asset growth, optimize asset structure, increase the proportion of high-quality assets, strengthen liability structure management, implement refined management in terms of total amount, structure and pricing, strengthen customer chain development, deepen comprehensive customer pricing, and drive revenue growth and cost reduction through structure optimization to stabilize the interest margin. According to the financial report, as of the end of June, Huaxia Bank's net interest margin was 1.54%, a decrease of 0.07 percentage points compared to the same period last year, slightly lower than the average net interest margin of 1.55% for joint-stock banks in the second quarter of 2025 disclosed by the China Banking and Insurance Regulatory Commission.