ANNUAL REPORT 2022 Message to Our Shareholders Upon the past of a fruitful year, we are now standing at a new beginning. 2022 was not an easy year. Despite all those severe and unprecedented challenges, everyone at BOE has continued forging ahead with diligence and fortitude, actively overcoming external challenges like economic downturns and market fluctuations. As a result, BOE has achieved above-average operating results industry-wide. During the year, BOE recorded operating revenue of RMB178.41 billion, ...