Core Viewpoint - The establishment of China Merchants Bank's financial asset investment company, 招银投资, marks a significant step in supporting national strategies and enhancing comprehensive financial services [2][3]. Group 1: Company Establishment - 招银投资 officially launched on December 2, with a registered capital of 15 billion yuan [2]. - The company is one of the first financial asset investment companies approved for establishment by a joint-stock bank in China [5]. Group 2: Strategic Goals - 招银投资 aims to leverage national policies, technological innovation, and capital market development to become a leader in the financial asset investment sector [3]. - The company will focus on value investment and long-term capital, creating a new ecosystem for investment and lending [3]. Group 3: Market Focus - 招银投资 will concentrate on market-oriented debt-to-equity swaps and participate in pilot equity investment projects under regulatory guidance [6]. - The company seeks to provide comprehensive financial support throughout the lifecycle of clients, aiming to reduce corporate leverage and facilitate transformation [6].