China Merchants Bank boards address governance, risk management

China Merchants Bank (SSE:600036) held supervisory board and board of directors meetings on August 27, 2025. The supervisory board meeting, attended by all six eligible members, approved four key resolutions. These included the "Anti-Money Laundering and Sanctions Compliance Policy (Third Edition)," the "Related Party Transaction Management Measures (Seventh Edition)," and adjustments to the review procedures for related party transactions between the bank and its directors, supervisors, senior management, and their affiliates. Additionally, the supervisory board approved the conclusions of the audit for former vice president Wang Xiaoqing's tenure. All resolutions received unanimous approval.

Concurrently, the board of directors meeting, attended by all 13 eligible directors, passed five resolutions. The board approved the "Related Party Transaction Management Measures (Seventh Edition)" and the adjustments to related party transaction review procedures for directors, supervisors, and senior management. Both these resolutions were unanimously approved.

Further board approvals included the "Revised China Merchants Bank 2025 Recovery and Resolution Plan," the "Credit Risk Internal Rating System Default and Loss Definition and Identification Management Measures (Fifth Edition)," and the "2025 H1 Internal Audit Work Report and H2 Work Plan." All board resolutions also received unanimous approval, reflecting a unified approach to the bank's operational, risk management, and strategic oversight.