China Merchants Bank: Approved to prepare for the establishment of China Merchants Financial Asset Investment Co., Ltd., with a registered capital of RMB 15 billion.

36Kr learned that China Merchants Bank issued an announcement stating that the company has received approval from the National Financial Regulatory Administration to prepare for the establishment of China Merchants Bank Financial Asset Investment Co., Ltd. The registered capital of this company is 15 billion yuan, and it will be a wholly - owned subsidiary of China Merchants Bank. The establishment of China Merchants Bank Financial Asset Investment Co., Ltd. is an important measure for the company to actively respond to the national call and proactively integrate into the overall situation of national development. This move will help the company professionally carry out pilot projects on market - oriented debt - to - equity swaps and equity investment, provide all - around and multi - level financing support for enterprises, further enhance the company's comprehensive operation capabilities, and comprehensively promote high - quality development.