CM BANK (03968): CMB Financial Asset Investment Approved for Operation

Stock News11-21

CM BANK (03968) announced that it has received the "Approval for the Operation of CMB Financial Asset Investment Co., Ltd." (Document No. Jin Fu [2025] 667) from the National Financial Regulatory Administration. According to the approval, the company's newly established subsidiary, CMB Financial Asset Investment Co., Ltd., has been granted permission to commence operations. The company will proceed with the industrial and commercial registration procedures at the relevant market supervision authorities to obtain the business license. Once all preparations are completed, CMB Financial Asset Investment Co., Ltd. will officially begin operations in compliance with regulations.

With a registered capital of RMB 15 billion, CMB Financial Asset Investment Co., Ltd. is a wholly-owned subsidiary of CM BANK. The establishment of this subsidiary will enable the company to specialize in market-oriented debt-to-equity swaps, deepen industrial-financial collaboration, and enhance group synergy to better serve the real economy. Additionally, the subsidiary will actively engage in equity investment pilot programs to support technological innovation, further strengthening the company's comprehensive operational capabilities and driving high-quality development.

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