Peng Jiawen, Deputy President of China Merchants Bank: Subsidiaries and internationalization make new contributions to the overall net profit of the bank.

Peng Jiawen, Vice President of China Merchants Bank, revealed at the 2025 third-quarter performance briefing that the bank's subsidiaries and international development have accelerated in the first three quarters of the year, making a new contribution to the overall net profit of the bank. Among them, the total assets of the subsidiaries exceeded 900 billion yuan by the end of September, an increase of over 8% compared to the beginning of the year. In the first three quarters, the operating net income and net profit of the subsidiaries increased by 17% and 36% respectively year-on-year; the total assets of the overseas institutions increased by 10% in the first three quarters, and the revenue increased by 25% year-on-year.