CMB Vice President: First and foremost, we should try our best to prevent deposit outflows. This is fundamental work.

On March 30th, Peng Jiawen, the vice president, chief financial officer, and secretary of the board of directors of China Merchants Bank, said at the bank's 2025 performance release conference, "Once we have a clear strategy, we no longer fear losing deposits." The next steps we need to take include: First, to try our best to prevent deposit outflows, which is fundamental work. Through services and product offerings, we aim to retain deposits. Second, if deposits do need to be transferred, we must facilitate the transfer to wealth management products, testing our ability in wealth management while keeping the funds within the bank. Third, we need to improve interbank services to bring funds back from interbank and capital markets to within the bank. Fourth, the moment when deposits are lost is also an opportunity for market reorganization, allowing us to gain more market share through our products and services and core competitive advantages. Therefore, we can use this opportunity to attract more customers and funds to flow to China Merchants Bank, which is the direction the bank is striving towards.