The third bank this year, China Merchants Bank has been approved to establish AIC Company

On the evening of July 3rd, China Merchants Bank announced that China Merchants Financial Asset Investment Co., Ltd. has been approved for establishment. The announcement stated that China Merchants Bank received the "Approval from the National Financial Regulatory Administration for the Establishment of China Merchants Financial Asset Investment Co., Ltd." (Jin Fu [2025] No. 395) on the same day. According to the approval, China Merchants Bank is permitted to establish China Merchants Financial Asset Investment Co., Ltd. After the establishment work is completed, China Merchants Bank will submit an application for business commencement to the National Financial Regulatory Administration in accordance with relevant regulations and procedures. The registered capital of China Merchants Financial Asset Investment Co., Ltd. is RMB 15 billion, and it will be a wholly-owned subsidiary of China Merchants Bank. The establishment of China Merchants Financial Asset Investment Co., Ltd. is an important measure for the bank to actively respond to the national call and integrate into the national development framework. This move will help China Merchants Bank to specialize in conducting market-oriented debt-to-equity swaps and equity investment pilot businesses, providing comprehensive and multi-level financing support for enterprises, further enhancing the bank's comprehensive operational capabilities, and promoting high-quality development. Li Yunze, Director of the National Financial Regulatory Administration, stated at a press conference held by the State Council Information Office on May 7th that support will be given to qualified national commercial banks to establish financial asset investment companies, with approvals to be issued soon. On that day (May 7th), one approval was granted to promote increased investment in technology innovation enterprises. On the same day, Industrial Bank was approved to establish Industrial Financial Asset Investment Co., Ltd. (tentative name). The registered capital is RMB 10 billion, and it will be a wholly-owned subsidiary of Industrial Bank. On May 8th, China Merchants Bank and CITIC Bank announced plans to establish financial asset investment companies. They stated that the investment matters still require review and approval from regulatory agencies. In early June, CITIC Bank announced that it received the "Approval from the National Financial Regulatory Administration for the Establishment of CITIC Financial Asset Investment Co., Ltd." (Jin Fu [2025] No. 333), agreeing to the establishment of CITIC Financial Asset Investment Co., Ltd. (tentative name, subject to the name approved by relevant regulatory agencies and market supervision departments). Now, in early July, China Merchants Bank has also received regulatory approval. This is the third commercial bank approved to establish an AIC company this year. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk