2 1 Shi Ji Jing Ji Bao Dao·2025-04-21 12:50Group 1 - The core viewpoint of the news is that China Merchants Bank (CMB) is enhancing its digital financial capabilities by appointing a new director for its Digital Financial Development Office, which is responsible for formulating and implementing fintech strategies [1][2] - CMB has transitioned its Digital Financial Development Office from its previous Financial Technology Office established in 2019, emphasizing the integration of business and technology [2] - In 2024, CMB's investment in information technology reached 13.35 billion yuan, slightly down from 14.13 billion yuan the previous year, but still representing 4.37% of its operating income, ranking fifth in the domestic banking industry [2] Group 2 - The bank's workforce includes 10,900 R&D personnel, accounting for 9.3% of the total staff, which is an increase of 250 from the previous year, maintaining its position as the leading joint-stock bank in this regard [2] - CMB is focusing on "AI + Finance" initiatives under its upgraded concept of "Smart CMB," aiming to enhance its digital capabilities across various sectors [3] - The estimated productivity generated by large model applications in 2024 is equivalent to over 5,000 full-time employees, indicating significant advancements in operational efficiency [2]