Core Viewpoint - Minsheng Bank reported a significant increase in credit impairment losses for the first three quarters of 2025, indicating challenges in asset quality management and the need for enhanced risk control measures [3][4]. Group 1: Financial Performance - For the first three quarters of 2025, Minsheng Bank recorded credit impairment losses of 40.165 billion yuan, an increase of 8.827 billion yuan year-on-year, representing a growth rate of 28.2% [3]. - As of the end of September, the loan provision balance stood at 94.173 billion yuan, up by 1.044 billion yuan from the end of the previous year, with a provision coverage ratio of 143%, which is an increase of 1.06 percentage points year-on-year [3]. Group 2: Factors Influencing Credit Losses - The increase in credit impairment losses is attributed to external environmental factors, particularly a rise in credit risk associated with retail loans since the second half of 2024, despite a stabilization trend compared to the previous year [3]. - Minsheng Bank has intensified efforts in the recovery and disposal of non-performing loans, with a year-on-year increase of 7.1 billion yuan in the recovery of non-performing loans during the first three quarters [3]. Group 3: Outlook and Future Measures - Looking ahead, Minsheng Bank plans to enhance risk management capabilities and maintain strong efforts in the disposal of non-performing loans, expecting an increase in provision for the full year while aiming for overall stability in asset quality by year-end [3][4]. - The bank anticipates that the level of new non-performing loans will gradually stabilize in the fourth quarter, with specific focus on managing risks in small and micro loans as well as loans to the public rental and business service sectors [4].