China Merchants Bank Co., Ltd. announced its unaudited interim performance for 2024 on August 29, 2024. The report covers a six-month period ending June 30, 2024, and complies with the listing rules of the Hong Kong Stock Exchange. The interim performance report will be disclosed on the websites of Hong Kong Exchanges and Clearing Limited and China Merchants Bank, providing both Chinese and English versions. The board of directors includes executive directors and non-executive directors, including independent non-executive directors. China Merchants Bank does not declare interim dividends for ordinary shares in this period, nor does it increase share capital through capital reserve. The total number of employees is 115,407, with diverse gender and professional composition. Subsidiaries and joint ventures, such as China Merchants...Show More

China Merchants Bank Co., Ltd. announced its unaudited interim performance for 2024 on August 29, 2024. The report covers a six-month period ending June 30, 2024, and complies with the listing rules of the Hong Kong Stock Exchange. The interim performance report will be disclosed on the websites of Hong Kong Exchanges and Clearing Limited and China Merchants Bank, providing both Chinese and English versions. The board of directors includes executive directors and non-executive directors, including independent non-executive directors. China Merchants Bank does not declare interim dividends for ordinary shares in this period, nor does it increase share capital through capital reserve. The total number of employees is 115,407, with diverse gender and professional composition. Subsidiaries and joint ventures, such as China Merchants Fund and Cigna Group Asset Management, have contributed to the overall performance. The company continues to focus on sustainability, green finance, and corporate social responsibility. The governance structure operates effectively, and the board of directors and committees fulfill their responsibilities. China Merchants Bank complies with the "Code on Corporate Governance Practices" in Appendix C1 of the Hong Kong listing rules. As of June 30, 2024, the capital adequacy ratio is 17.95%, the core tier one capital adequacy ratio is 13.86%, and the tier one capital adequacy ratio is 16.09%. The second quarter liquidity coverage ratio is 171.71%, and the net stable funding ratio is 132.85%. International claims primarily involve foreign currency transactions with domestic institutions, as well as claims in the Asia-Pacific region, Europe, and the Americas. The total amount of loans overdue for more than 90 days is RMB 49.744 billion, accounting for 0.74% of the total loans and advances.