China Merchants Bank to establish asset investment firm

China Merchants Bank (SSE:600036) announced its plan to establish a wholly-owned financial asset investment company with a registered capital of CNY 15 billion. This strategic move, approved by the board of directors on May 8, 2025, will be funded entirely from the bank's own capital. The investment aims to broaden the bank's integrated business scope, enhance its ability to serve the real economy, and bolster the integration of investment and commercial banking services. The establishment of the new subsidiary is still pending regulatory approvals. China Merchants Bank clarified that this investment does not constitute a related-party transaction or a major asset restructuring.