China Merchants Bank Co., Ltd. (the Bank) disclosed its Monthly Return for Equity Issuer and Hong Kong Depositary Receipts for October 2025. According to the filing, there were no changes to the Bank’s registered share capital or issued shares across its H shares, A shares, and Domestic Preference Shares during this period.

As of October 31, 2025, the Bank’s total registered share capital stood at RMB 52,719,845,601, comprising 4,590,901,172 H shares, 20,628,944,429 A shares, and 275,000,000 Domestic Preference Shares. The number of issued shares remained at 4,590,901,172 for H shares, 20,628,944,429 for A shares, and 275,000,000 for Domestic Preference Shares.

The Bank also reported that its Domestic Preference Shares, carrying a total original offer size of RMB 27,500,000,000, are convertible into A shares upon specified trigger events at an initial conversion price of RMB 19.02 per A share. This could result in up to 1,445,846,477 new A shares if conversion is triggered. However, no conversion, issuance, or other movement of these shares occurred during the reporting month.