Core Points - The Chief Risk Officer of China Merchants Bank, Zhong Desheng, has resigned due to work reasons but will continue to hold a position within the bank [5][7] - Xu Mingjie, the current Vice President of the bank, has been appointed as the new Chief Risk Officer [2][7] Summary by Sections Resignation Details - Zhong Desheng submitted his resignation letter to the board of directors, effective from October 31, 2025 [5][6] - His resignation is attributed to work-related reasons, and he will remain in the bank and its subsidiaries [5][6] New Appointment - Xu Mingjie, born in September 1968, has been appointed as the new Chief Risk Officer, with his term starting upon approval from the National Financial Regulatory Administration [7] - Xu has a background in engineering and economics, with qualifications including being a Chartered Certified Accountant (ACCA) [7] - He has been with China Merchants Bank since September 1995, holding various positions including Assistant General Manager of the Corporate Finance Products Department and General Manager of the Risk Management Department [7]

Core Viewpoint - China Merchants Bank announced the resignation of its Chief Risk Officer, Zhong Desheng, effective October 31, 2025, due to work-related reasons [1] Summary by Categories Company Announcement - The board of directors of China Merchants Bank received a resignation letter from Chief Risk Officer Zhong Desheng [1] - The resignation will take effect on October 31, 2025 [1]

Core Viewpoint - China Merchants Bank announced the resignation of Chief Risk Officer Zhong Desheng and the appointment of Xu Mingjie as the new Chief Risk Officer, effective from October 31, 2025 [2][3]. Group 1: Leadership Changes - Zhong Desheng resigned due to work reasons, with his term originally set to end on June 24, 2028 [2]. - Xu Mingjie has been with China Merchants Bank for 30 years and was appointed as Chief Risk Officer after serving as Vice President since June 2025 [2][3]. Group 2: Financial Performance - For the first three quarters, China Merchants Bank reported operating income of 251.42 billion yuan, a year-on-year decrease of 0.51%, and a net profit attributable to shareholders of 113.77 billion yuan, a year-on-year increase of 0.52% [4]. - As of the end of September, the non-performing loan balance was 67.43 billion yuan, with a non-performing loan ratio of 0.94%, down 0.01 percentage points from the end of the previous year [4]. - The provision coverage ratio was 405.93%, down 6.05 percentage points from the end of the previous year, while the loan provision ratio was 3.84%, down 0.08 percentage points [4].

Core Viewpoint - China Merchants Bank announced the resignation of Chief Risk Officer Zhong Desheng and appointed Xu Mingjie as the new Chief Risk Officer, effective from October 31, 2025 [2][3] Group 1: Leadership Changes - Zhong Desheng resigned due to work reasons, with his term originally set to end on June 24, 2028 [2] - Xu Mingjie has been with China Merchants Bank for 30 years and was appointed as Chief Risk Officer after serving as Vice President since June 2025 [2][3] Group 2: Financial Performance - For the first three quarters, China Merchants Bank reported operating income of 251.42 billion yuan, a year-on-year decrease of 0.51%, and a net profit attributable to shareholders of 113.77 billion yuan, a year-on-year increase of 0.52% [4] - As of the end of September, the non-performing loan balance was 67.43 billion yuan, an increase of 1.81 billion yuan from the end of the previous year, with a non-performing loan ratio of 0.94%, down 0.01 percentage points [4] Group 3: Loan Quality - The non-performing loan ratio for corporate loans was 0.82%, down 0.19 percentage points from the end of the previous year, while the retail loan non-performing loan ratio was 1.05%, up 0.07 percentage points [5] - The non-performing loan ratio for small and micro loans was 1.11%, up 0.32 percentage points, while the personal housing loan non-performing loan ratio was 0.45%, down 0.03 percentage points [5]

Core Viewpoint - China Merchants Bank (600036.SH) announced the resignation of its Chief Risk Officer, Zhong Desheng, effective October 31, 2025, due to work-related reasons [1] Group 1 - The resignation of Zhong Desheng has been formally submitted to the board of directors [1] - Zhong Desheng has completed the necessary work handover in accordance with the company's management regulations [1]

Core Viewpoint - China Merchants Bank (03968) announced the resignation of its Chief Risk Officer, Mr. Zhong Desheng, effective October 31, 2025, due to work-related reasons [1]. Group 1 - The board of directors received the resignation letter from Mr. Zhong Desheng [1]. - The resignation is attributed to work reasons [1]. - The effective date of the resignation is set for October 31, 2025 [1].

Core Viewpoint - China Merchants Bank announced the resignation of its Chief Risk Officer, Zhong Desheng, effective October 31, 2025, due to work reasons [1] Group 1: Leadership Changes - The bank's board approved the appointment of Xu Mingjie as the new Chief Risk Officer, effective from the date of approval by the National Financial Regulatory Administration until the end of the current board's term [1] - Xu Mingjie, born in September 1968, is currently the Vice President of China Merchants Bank and has a background in engineering and economics [1] - Xu has been with China Merchants Bank since September 1995, holding various positions including General Manager Assistant of the Corporate Financial Products Department and General Manager of the Risk Management Department [1]

招商銀行股份有限公司 CHINA MERCHANTS BANK CO., LTD. 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作出。 招商銀行股份有限公司董事會 2025年10月31日 於本公告日期，本公司的執行董事為王良及鍾德勝；本公司的股東董事（非執行 董事）為繆建民、石岱、孫雲飛、江朝陽、朱立偉及黃堅；及本公司的獨立非執 行董事為李孟剛、劉俏、田宏啟、李朝鮮、史永東及李健。 A 股简称：招商银行 A 股代码：600036 公告编号：2025-055 （於中華人民共和國註冊成立的股份有限公司） （H股股票代碼：03968） 2025 年 10 月 31 日 1 招商银行股份有限公司 董事会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 招商银行股份有限公司（简称本公司 ...

Core Viewpoint - The Chief Risk Officer of China Merchants Bank, Zhong Desheng, has submitted his resignation due to work-related reasons, effective October 31, 2025 [1] Group 1 - The resignation of Zhong Desheng was formally announced to the board of directors [1] - The effective date of the resignation is set for October 31, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 招商銀行股份有限公司 CHINA MERCHANTS BANK CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （H股股票代碼：03968） 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作出。 招商銀行股份有限公司董事會 2025年10月31日 於本公告日期，本公司的執行董事為王良及鍾德勝；本公司的股東董事（非執行 董事）為繆建民、石岱、孫雲飛、江朝陽、朱立偉及黃堅；及本公司的獨立非執 行董事為李孟剛、劉俏、田宏啟、李朝鮮、史永東及李健。 A 股简称：招商银行 A 股代码：600036 公告编号：2025-054 钟德胜先生已按照本公司相关管理规定做好工作交接。 特此公告。 招商银行股份有限公司 关于首席风险官辞任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 ...