Group 1 - The core point of the news is that China Merchants Bank's Hangzhou branch has won the bid for the entrusted management of enterprise annuity funds, indicating a significant opportunity for the bank in the asset management sector [1] - The procurement project is organized by the Zhejiang Provincial Water Resources and Estuary Research Institute, with a public bidding process initiated [1] - The winning bid includes a management fee rate of 0.08%, an investment management fee rate of 0.24% for fixed income portfolios, a custody fee rate of 0.056%, and an account management fee of 1 yuan per account per month [1] Group 2 - The announcement was made on July 25, 2025, with the procurement project number being 202*****-0001 [1] - The evaluation committee for the bidding process consisted of five members, indicating a structured and formal assessment process [1] - Contact information for both the procuring entity and the bidding agency is provided, ensuring transparency and accountability in the procurement process [1]