On March 30, China Merchants Bank held its 2025 annual results conference. Chairman Miao Jianmin stated that the bank adheres to a technology-driven strategy, focusing on artificial intelligence while continuously increasing investment in technology and talent development. In 2025, the bank's information technology expenditure reached 12.9 billion yuan, accounting for 4.31% of its net operating revenue. The number of R&D personnel exceeded 11,000, representing 9.09% of the group's total workforce.
By embracing cutting-edge technologies with an open approach, the bank has rapidly deployed and implemented advanced applications, striving to build systematic advantages. It has established a leading computational infrastructure model with continuously improving performance and computing efficiency. Daily token throughput increased by 10.1 times compared to 2024.
More than 10,000 developers are now working on large-scale model applications within the bank. The institution continues to adopt the industry's most advanced models, with a cumulative total of 183 domain-specific models deployed. The average iteration cycle for large model applications has been significantly shortened.
Deeply integrating large model technology into its business ecosystem, the bank has implemented 856 scenario-based applications, a substantial increase from the previous year. This integration has enabled mutual enhancement of both technological and business value.
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