An undisclosed buyer acquired an unknown minority stake in China Merchants Bank Co., Ltd. (SHSE:600036) from Luxshare Precision Accessory (Kunshan) Ltd. for CNY 31.9 million on January 15, 2025. A cash consideration of CNY 31.9 million will be paid by the buyer. As part of consideration, CNY 31.9 million is paid towards common equity of China Merchants Bank Co., Ltd.

An undisclosed buyer completed the acquisition of an unknown minority stake in China Merchants Bank Co., Ltd. (SHSE:600036) from Luxshare Precision Accessory (Kunshan) Ltd. on January 15, 2025.