**"Navigating Growth: BACPRL's Strong Financial Performance Amidst Industry Resilience

Financial Performance

The operating revenue totalled Rmb27.366bn as of March 31, 2025, up 5.96% from Rmb25.818bn as of March 31, 2024. This growth indicates positive development in revenue, possibly due to increased market demand or successful implementation of the company's operating strategy.

Key Financial Data

1. The operating revenue grew by 5.96%, showing the company's potential for revenue growth in an improved market environment.

2. The net interest income is expected to reach a new high in 2025, with a growth rate of 6% to 7%.

3. The company added 240,000 new households in wealth management, with managed assets reaching US$6tn, reflecting its expansion in family wealth management.

4. Consumer spending grew by about 4%, showing stable consumption capacity and willingness of the customer group.

5. The growth of loans and deposits exceeded the industry average, indicating the gradual effectiveness of sales strategies.

Peer Comparison

1. Industry-wide analysis: In the banking industry as a whole, with the recovery of the economy and the rise of interest rates, the operating revenue of many banks generally increased. The overall trend of the industry shows the potential for revenue growth, especially in interest income and service fees.

2. Peer evaluation analysis: Compared with other banks in the industry, BACPRL's operating revenue growth rate of 5.96% is outstanding. Most of its competitors' operating revenue growth rates are between 3% and 5%, and BACPRL's growth rate shows its advantages in market competition.

Summary

Through the analysis of financial data, it can be seen that BACPRL performed well in its operating strategy and market demand, and the growth of operating revenue reflects the company's active response to economic recovery. Meanwhile, the overall trend of the industry is good, and BACPRL also showed strong competitiveness among peers.

Opportunities

1. With the recovery of the economy, the credit demand is expected to grow slightly, which is likely to further drive operating revenue.

2. The expansion of wealth management products and services will attract more customers and increase managed assets.

3. The continuous investment in technology and marketing helps to enhance customer experience and further expand the customer base.

4. The improvement of net interest income will support the company's profitability.

Risks

1. Slowing loan growth and a flattening yield curve may affect future profitability.

2. Uncertainty in the market environment may still bring risks and affect credit demand.

3. Competitors' strategy adjustments may put pressure on BACPRL's market share.