Ji Guangheng: Ping An Bank's non-performing loan ratio has dropped for six consecutive quarters.

"The retail business has passed the most difficult 'dark period' and is now in the climbing stage. The earlier reforms have laid a good foundation for the retail business to take off and develop again." said Ji Guangheng, President of Ping An Bank at the interim performance conference on August 25. Ji Guangheng said that after adjusting some risky businesses earlier, Ping An Bank effectively curbed the rising trend of non-performing loans in retail loans, with the non-performing generation rate decreasing for six consecutive quarters, showing a clear turning point.