Zhitong Finance App News, China Merchants Securities (06099.HK) announced that on October 29, 2026, the board of directors reviewed and passed the “Proposal on Joint Investment and Related Transactions between Wholly-owned Subsidiaries and Related Parties”. Based on this, China Merchants Zhiyuan Capital (a wholly-owned subsidiary of the company, as general partner and fund manager), China Merchants Advanced (as a limited partner), and Guangmingke Investment (as a limited partner) prepared a partnership agreement to establish the fund. The total size of the fund is RMB 5 billion, of which China Merchants Zhiyuan Capital plans to invest RMB 1 billion, China Merchants Highway plans to invest RMB 1.25 billion, China Merchants Advanced plans to invest RMB 250 million, and Guangming Technology Investment plans to invest RMB 2.5 billion.

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