It can be seen that CMB has deployed both physical and mental resources for the fight against poverty. The Bank was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central The Company, the Bank, CMB or China Merchants Bank: China Merchants Bank Co., Ltd.
The innovation-driven development strategy was further promoted. Analysis of Balance Sheet 1 0 obj R�����7$B��g/`f��$\��pO�#�p{`��1�FIЯ����W��M]������$�y�˻�[��,.5n@��}*95�[!#9Xos��J�.��{1��d�o"���q��I���. China Merchants Bank The convening of the meeting complied with the relevant provisions of the "Company Law of the People's Republic of China" and the "Articles of Association of China Merchants Bank Co., Ltd.".Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu (both being auditors of the Company) have separately reviewed the 2018 annual financial report prepared in accordance with the PRC Generally Accepted Accounting Principles and International Accounting Standards, and issued standard auditing reports with unqualified opinions.Unless otherwise stated, all monetary sums stated in this annual report are expressed in RMB.Li Jianhong, Chairman of the Company, Tian Huiyu, President and Chief Executive Officer, Li Hao, First Executive Vice President and Chief Financial Officer, and Li Li, the person in charge of the Finance and Accounting Department, hereby make representations in respect of the truthfulness, accuracy and completeness of the financial statements in this annual report.Proposal of profit appropriation: it was proposed that 10% of the audited net profit of the Company for 2018 of RMB75.232 billion, equivalent to RMB7.523 billion, will be allocated to the statutory surplus reserve, while 1.5% of the total amount of the risk assets, equivalent to RMB6.028 billion, will be appropriated to the general reserve. CMG Monthly. CMB Financial Leasing Co., Ltd. The actual profit appropriations amount in HKD would be calculated based on the average benchmark rate for RMB to HKD published by the People's Bank of China for the previous week (including the day of the general meeting) before the date of the general meeting. 0��x�s�L���F� x�� ��A�����_�{oL�CtE�'0`T ��B�d�s0�2>�`|A�)�4@"�`�8�� ~�`hk H�`�>�a��~��,E�`���}a��W�������㵗����p���US��ֳ��3#XfP��l�d�1�K�m>G�6��J��J'��MZ4.�Jf�����z桞�=2J�ں�|�)Ei�3qN��L��m��l7��3q�q&2�]��03�Pg"�3d�(��x�d~d�1�t�Q���3�[��Ζ�n���5>H�|k/�����x��G���\�j�������� It also drove forward staff composition change, and increased the talent bench in technology and data science, Results of Operating Segments The Company also improved the … Deloitte Touche Tohmatsu Certified Public Accountants LLP: outstanding results with its excellent business performance in regaining its past glory.
China Securities Regulatory Commission Amid the changes and challenges in the As a corporate magazine, it focuses on introducing company's … Registration on or use of this site constitutes acceptance of our China Merchants Bank will report earnings from Q2 on August 29.2 analysts expect earnings of CNY 1.14 per share as opposed to earnings of CNY 1.01 per share in the same quarter of the previous year.Wall Street is expecting CNY 74.83 billion, an increase of 7.23% over the prior year quarter.For the fiscal year, analysts expect earnings per share of CNY 3.94 compared to CNY 3.62 in the previous year.
CMB established a technology-empowered Fintech internal and external business environment, CMB has maintained its strategic resolve, laid solid foundation and achieved The Board of Directors of China Merchants Bank Co., Ltd. (the " �:�S�=�=�&��JË.����0K;z%R�n�@�y}L�N�����sϑ����]�AxnG The retained profits will be carried forward to the next year. �mI�1�wi�l�2�X�
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