China Merchants Bank's asset investment arm approved for operations
China Merchants Bank Co. has received approval from the National Financial Regulatory Administration for the commencement of operations of CMB Wealth Management Asset Investment Co., Ltd., as per approval document Jin Fu (2025) 667. Following this, the company will proceed with necessary industrial and commercial registration procedures and obtain a business license before officially launching operations once preparatory work is completed.
CMB Wealth Management Asset Investment Co., Ltd. is a wholly-owned subsidiary of China Merchants Bank, established with a registered capital of RMB 150 bn. The new entity will specialize in market-oriented debt-to-equity swaps, aiming to deepen industry-finance synergy and group-wide collaboration to serve the real economy.
Furthermore, the subsidiary will actively engage in equity investment pilot programs to empower technological innovation. This strategic move is expected to significantly enhance China Merchants Bank's comprehensive operational capabilities and drive high-quality development across its business portfolio.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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