China Merchants Bank's Miao Jianmin: Speaking from the perspective of input and output, the impact of building a smart bank on China Merchants Bank is not significant.

At the 2025 performance briefing of China Merchants Bank, Chairman Ma Jianmin stated that for the bank, building a smart bank means increasing investment in artificial intelligence through optimizing resource allocation, rather than starting from scratch. "Unlike other companies that may not have invested in the past, suddenly increasing capital expenditure can affect profitability, China Merchants Bank invests heavily in financial technology every year, with last year's investment reaching 12.9 billion yuan. So from the perspective of input and output, the impact on China Merchants Bank is not significant."