Investors in Cisco integration, especially

Starting from the business logic of the enterprise, we should integrate the scattered advantages of investment banks, commercial banks, private banks, science and technology and research services, and effectively cover customers at different stages, different industries and different characteristics with differentiated and targeted services, thus forming the unique service characteristics of China Merchants Bank. China Merchants Bank gave its own understanding in 20021Annual Report.

"Investing in private business" is the image of China Merchants Bank to create a "great wealth management value cycle chain". It is not a new business variety, but integrates the resources and advantages of the industry, takes customers as the center, and provides unique comprehensive and all-round services for China Merchants Bank.

Three problems need to be solved to do well "non-governmental investment"

First, we should have a deeper understanding of the industry.

The second is to solve the open integration of the organization.

The third is to condense value.