China Merchants Bank announced that the company plans to invest RMB 15 billion to wholly sponsor the establishment of a financial asset investment company. The investment has been reviewed and approved by the board of directors. There is no need to submit it to the shareholders' meeting for approval, and it still needs to be reviewed and approved by the supervisory authority. This investment does not constitute a related transaction or a major asset restructuring matter. The financial asset investment company will become a wholly-owned first-level subsidiary of the company. The specific scope of business is subject to approval by the supervisory authority. This investment will help enrich the company's comprehensive management license, improve the integrated management of investment banks, enhance the ability to serve the real economy, and will not have a significant impact on the company's financial situation or operating results.

China Merchants Bank announced that the company plans to invest RMB 15 billion to wholly sponsor the establishment of a financial asset investment company. The investment has been reviewed and approved by the board of directors. There is no need to submit it to the shareholders' meeting for approval, and it still needs to be reviewed and approved by the supervisory authority. This investment does not constitute a related transaction or a major asset restructuring matter. The financial asset investment company will become a wholly-owned first-level subsidiary of the company. The specific scope of business is subject to approval by the supervisory authority. This investment will help enrich the company's comprehensive management license, improve the integrated management of investment banks, enhance the ability to serve the real economy, and will not have a significant impact on the company's financial situation or operating results.