China Merchants Bank Co., Ltd. (OTCPK:CIHKY) Q2 2025 Earnings Call October 1, 2025 9:30 PM ET
Company Participants
Caihua Lei – Executive Vice President
Jiawen Peng – Executive VP, CFO & Joint Company Secretary
Liang Wang – President, CEO & Executive Director
Xia Yangfang – Corporate Participant
Ying Wang – Executive Vice President
Conference Call Participants
Feifei Xiao – Citic Securities Co., Ltd., Research Division
Heqing Li – UBS Investment Bank, Research Division
Judy Zhang – Citigroup Inc., Research Division
Katherine L. Lei – JPMorgan Chase & Co, Research Division
Kunpeng Ma – China Securities Co., Ltd., Research Division
Ma Tingting – Unidentified Company
Ma Xiangyun – Unidentified Company
Ran Xu – Morgan Stanley, Research Division
Shuaishuai Zhang – China International Capital Corporation Limited, Research Division
Xia Yangfang
Dear investors, analysts, good morning. CMB 2025 interim result announcement will now begin. I am Xia Yangfang, General Manager of the Office of the Board of Directors. CMB has announced its 2025 interim results last Friday evening. Today’s event is being conducted in the form of a live online webcast.
I would like to now introduce the on-site participants who are with us today. They are Mr. Wang Liang, President and CEO. Ms. Wang Ying, Executive Vice President; Mr. Peng Jiawen, Executive Vice President, CFO and Secretary of the Board of Directors; Mr. Lei Caihua, Executive Vice President; Mr. Zhou Tianhong, Chief Information Officer. We also have independent directors, Mr. Li Menggang, Mr. Liu Qiao, Mr. Tian Hongqi, Mr. Li Chaoxian, Mr. Shi Yongdong, and Ms. Li Jian to join us online. On behalf of China Merchants Bank, I would like to extend warm welcome to your participation, and thank you for your long support, interest and investment in CMB.
Today’s meeting involves 2 sessions. One, Mr. Wang Liang will introduce the bank’s interim results, takes
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