Ge Long Hui·2025-11-24 21:39Core Viewpoint - China Merchants Bank has received approval for the establishment of its wholly-owned subsidiary, China Merchants Financial Asset Investment Co., Ltd, which will enhance its capabilities in market-oriented debt-to-equity swaps and equity investment pilot projects, thereby promoting high-quality development [1] Group 1 - The approval for the establishment of China Merchants Financial Asset Investment Co., Ltd was granted by the National Financial Supervision and Administration [1] - The registered capital of the new subsidiary is set at RMB 15 billion [1] - The company aims to deepen collaboration between industry and finance, serving the real economy through specialized market-oriented debt-to-equity swap operations [1] Group 2 - The new subsidiary will actively engage in pilot equity investment projects to empower technological innovation [1] - The establishment of this subsidiary is expected to enhance the company's comprehensive operational capabilities [1] - The company plans to complete the business registration and obtain the corporate business license before commencing operations [1]