Bank Of China Ltd Ord (BACHF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Dear investors, analysts, friends from the media, good evening. Welcome to the Bank of China 2024 Annual Results Release Conference. I'm Zhou Chenwen, Secretary of the Board of Directors of the Bank of China. Today's conference will be co-hosted by me and Liz Yuke, Spokesperson of our bank. This conference will be broadcast live simultaneously and so I want to extend welcome to all the friends who are also joining us online. First of all, I'd like to introduce the leaders. We have with us Vice Chairman and President of Bank of China, Mr. Zhang Hui. Mr. Zhang Xiaodong, Vice President of our bank. Mr. Cai Zhao, Vice President of BOC. And Vice President Wu Jian. Besides, the independent director representative of our bank, Ms. Liu Xiaolei, is also joining us online. Our annual results for 2024 were already announced today. The presentation can be downloaded from our official website or reviewed at the bottom of this live broadcast page. All financial figures presented today have been prepared using IFRS unless otherwise noted. Today, we have two parts, including the result release introduction and the Q&A session. First of all, let's give the floor to President Zhang Hui to introduce the annual results. Dear investors, analysts, and friends from media, good evening. A big welcome to all of you to our 2024 Annual Results Release Conference, and thank you so much for your long-term trust, care, and support to the Bank of China. Now, please allow me to briefly introduce you the operation of our bank in 2024 and the outlook in 2025. Afterwards, I would like to have a Q&A session together with our management with Sophie. In 2024, the Bank of China resolutely implemented the decision-making plan of CPC Central Committee, so we implemented a political and people-oriented natur...