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Home › Companies › China Merchants Bank Co., Ltd. › 2025-2026

China Merchants Bank Co., Ltd. 2025-2026 Proxy Voting Records

At China Merchants Bank Co., Ltd.'s shareholder meeting held June 25, 2026, in the 2025-2026 proxy season, 92 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,292 separate fund positions. Their filings are grouped here into 49 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Annual Report (Including the Audited Financial Report) — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 49Reported items
  • 92Asset managers
  • 4,292Fund votes
  • June 25, 2026Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from China Merchants Bank Co., Ltd. has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore China Merchants Bank Co., Ltd. in the interactive database Compare manager voting policies

How asset managers voted at the China Merchants Bank Co., Ltd. 2025-2026 meeting

Each item below shows how the 92 asset managers that disclosed a China Merchants Bank Co., Ltd. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of China Merchants Bank Co., Ltd.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Huo Da as Director

No official resultsDIRECTOR ELECTIONS

96% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 496,057,419 for, 21,110,259 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 496,057,419AGAINST: 21,110,259
Largest asset managers voting on “Elect Huo Da as Director” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard177,706,4691,684,400 00For
BlackRock123,879,3210 00For
Fidelity27,799,2124,191,255 00Mixed
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan04,799,370 00Against
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley474,1913,109,115 00Mixed
Calvert03,543,500 00Against
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco02,183,272 00Against
Equitable1,604,222451,500 00Mixed
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

2. Elect Li Yungui as Director

No official resultsDIRECTOR ELECTIONS

96% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 498,240,691 for, 18,926,987 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 498,240,691AGAINST: 18,926,987
Largest asset managers voting on “Elect Li Yungui as Director” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard177,706,4691,684,400 00For
BlackRock123,879,3210 00For
Fidelity27,799,2124,191,255 00Mixed
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan04,799,370 00Against
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley474,1913,109,115 00Mixed
Calvert03,543,500 00Against
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable1,604,222451,500 00Mixed
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

3. Elect Wang Xiaoqing as Director

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 507,748,523 for, 7,734,755 against, 1,684,400 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 507,748,523AGAINST: 7,734,755ABSTAIN: 1,684,400
Largest asset managers voting on “Elect Wang Xiaoqing as Director” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard177,706,4690 1,684,4000For
BlackRock123,879,3210 00For
Fidelity27,799,2124,191,255 00Mixed
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert03,543,500 00Against
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

4. Elect Zhang Yong as Director

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 513,624,178 for, 3,543,500 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 513,624,178AGAINST: 3,543,500
Largest asset managers voting on “Elect Zhang Yong as Director” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert03,543,500 00Against
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

5. Directors' Report

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Directors' Report” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

6. Elect HUO Da

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 29,648,102 for, 669,108 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,648,102AGAINST: 669,108
Largest asset managers voting on “Elect HUO Da” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford0569,000 00Against
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes091,600 00Against
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust08,508 00Against
Mercer Funds00 00--

7. Elect LI Yungui

No official resultsDIRECTOR ELECTIONS

98% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 29,648,102 for, 669,108 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,648,102AGAINST: 669,108
Largest asset managers voting on “Elect LI Yungui” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford0569,000 00Against
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes091,600 00Against
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust08,508 00Against
Mercer Funds00 00--

8. Elect WANG Xiaoqing

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,308,702 for, 8,508 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,308,702AGAINST: 8,508
Largest asset managers voting on “Elect WANG Xiaoqing” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust08,508 00Against
Mercer Funds00 00--

9. Elect ZHANG Yong

No official resultsDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,308,702 for, 8,508 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,308,702AGAINST: 8,508
Largest asset managers voting on “Elect ZHANG Yong” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust08,508 00Against
Mercer Funds00 00--

10. RESOLUTION REGARDING ELECTION OF MR. HE DUO AS NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF…

No official resultsDIRECTOR ELECTIONS

26% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING ELECTION OF MR. HE DUO AS NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF DIRECTORS OF CHINA MERCHANTS BANK

The 13 asset managers below reported 6,309,669 for, 17,819,394 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,309,669AGAINST: 17,819,394
Largest asset managers voting on “RESOLUTION REGARDING ELECTION OF MR. HE DUO AS NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD O” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS010,870,000 00Against
Bridge Builder Trust06,172,000 00Against
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard0576,000 00Against
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST0195,000 00Against
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust06,394 00Against
GPS Funds I3,1940 00For

11. RESOLUTION REGARDING ELECTION OF MR. LI YUNGUI AS NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF…

No official resultsDIRECTOR ELECTIONS

26% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING ELECTION OF MR. LI YUNGUI AS NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF DIRECTORS OF CHINA MERCHANTS BANK

The 13 asset managers below reported 6,309,669 for, 17,819,394 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,309,669AGAINST: 17,819,394
Largest asset managers voting on “RESOLUTION REGARDING ELECTION OF MR. LI YUNGUI AS NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOAR” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS010,870,000 00Against
Bridge Builder Trust06,172,000 00Against
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard0576,000 00Against
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST0195,000 00Against
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust06,394 00Against
GPS Funds I3,1940 00For

12. RESOLUTION REGARDING ELECTION OF MR. WANG XIAOQING AS EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF…

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FORABSTAIN
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING ELECTION OF MR. WANG XIAOQING AS EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF DIRECTORS OF CHINA MERCHANTS BANK

The 13 asset managers below reported 18,301,063 for, 5,828,000 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,301,063ABSTAIN: 5,828,000
Largest asset managers voting on “RESOLUTION REGARDING ELECTION OF MR. WANG XIAOQING AS EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOAR” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust539,0000 5,633,0000Mixed
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST00 195,0000Abstain
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

13. RESOLUTION REGARDING ELECTION OF MR. ZHANG YONG AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE…

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING ELECTION OF MR. ZHANG YONG AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSION OF THE BOARD OF DIRECTORS OF CHINA MERCHANTS BANK

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “RESOLUTION REGARDING ELECTION OF MR. ZHANG YONG AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE THIRTEENTH SESSIO” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

14. ELECTION OF HUO DA AS A NON-EXECUTIVE DIRECTOR

No official resultsDIRECTOR ELECTIONS

26% of fund votes cast · no official result

FORAGAINST
Details: votes by 6 asset managers

The 6 asset managers below reported 4,769,639 for, 13,646,995 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,769,639AGAINST: 13,646,995
Largest asset managers voting on “ELECTION OF HUO DA AS A NON-EXECUTIVE DIRECTOR” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
ADVISORS SERIES TRUST013,422,895 00Against
BlackRock3,496,3600 00For
Krane Shares Trust743,9670 00For
Jackson National303,2120 00For
John Hancock226,1000 00For
NORTHERN LIGHTS FUND TRUST III0224,100 00Against

15. Approve Application for General Mandate to Issue Financial Bonds and Certificates of Deposit (CD)

No official resultsCAPITAL STRUCTUREOTHER

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Application for General Mandate to Issue Financial Bonds and Certificates of Deposit (CD)” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

16. Approve Authorization to Issue Capital Bonds

No official resultsCAPITAL STRUCTUREOTHER

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Authorization to Issue Capital Bonds” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

17. Application for General Mandate to Issue Financial Bonds and Certificates of Deposit

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Application for General Mandate to Issue Financial Bonds and Certificates of Deposit” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

18. Authority to Issue Capital Bonds

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Authority to Issue Capital Bonds” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

19. Resolution regarding authorisation to issue capital bonds

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING AUTHORISATION TO ISSUE CAPITAL BONDS

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “RESOLUTION REGARDING AUTHORISATION TO ISSUE CAPITAL BONDS” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

20. Resolution regarding the application for general mandate to issue financial bonds and certificates of deposit (CD)

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING THE APPLICATION FOR GENERAL MANDATE TO ISSUE FINANCIAL BONDS AND CERTIFICATES OF DEPOSIT (CD)

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “RESOLUTION REGARDING THE APPLICATION FOR GENERAL MANDATE TO ISSUE FINANCIAL BONDS AND CERTIFICATES OF DEPOSIT ” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

21. Approve Annual Report (Including the Audited Financial Report)

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Annual Report (Including the Audited Financial Report)” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

22. Approve Work Report of the Board of Directors

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Work Report of the Board of Directors” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

23. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Accounts and Reports” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

24. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Allocation of Profits/Dividends” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

25. Work report of the board of directors for the year 2025

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: WORK REPORT OF THE BOARD OF DIRECTORS FOR THE YEAR 2025

The 15 asset managers below reported 42,545,697 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 42,545,697
Largest asset managers voting on “WORK REPORT OF THE BOARD OF DIRECTORS FOR THE YEAR 2025” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
ADVISORS SERIES TRUST13,617,8950 00For
BAILLIE GIFFORD FUNDS10,870,0000 00For
BlackRock6,506,8600 00For
Bridge Builder Trust6,172,0000 00For
John Hancock1,263,8100 00For
HARBOR FUNDS1,133,9670 00For
Krane Shares Trust743,9670 00For
Jackson National689,4710 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
NORTHERN LIGHTS FUND TRUST III224,1000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

26. Annual report for the year 2025 (including the audited financial report)

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: ANNUAL REPORT FOR THE YEAR 2025 (INCLUDING THE AUDITED FINANCIAL REPORT)

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “ANNUAL REPORT FOR THE YEAR 2025 (INCLUDING THE AUDITED FINANCIAL REPORT)” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

27. Approve Related Party Transactions Report

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Related Party Transactions Report” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

28. Related Party Transactions Report

No official resultsCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 27 asset managers

The 27 asset managers below reported 54,446,273 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 54,446,273
Largest asset managers voting on “Related Party Transactions Report” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
SEI5,979,0000 00For
BlackRock3,010,5000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
HARBOR FUNDS1,133,9670 00For
Vanguard1,118,8570 00For
John Hancock1,037,7100 00For
Hartford569,0000 00For
GUINNESS ATKINSON FUNDS415,5000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
New York Life188,5220 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Baillie Gifford ETF Trust6,3940 00For

Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).

29. Connected transaction report

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: CONNECTED TRANSACTION REPORT

The 6 asset managers below reported 18,416,634 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,416,634
Largest asset managers voting on “CONNECTED TRANSACTION REPORT” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
ADVISORS SERIES TRUST13,422,8950 00For
BlackRock3,496,3600 00For
Krane Shares Trust743,9670 00For
Jackson National303,2120 00For
John Hancock226,1000 00For
NORTHERN LIGHTS FUND TRUST III224,1000 00For

30. Approve Capital Management Plan

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Capital Management Plan” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

31. Approve Interim Profit Appropriation Plan

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Interim Profit Appropriation Plan” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

32. Approve Profit Appropriation Plan (Including the Distribution of Final Dividend)

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 66 asset managers

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Profit Appropriation Plan (Including the Distribution of Final Dividend)” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

33. To 2030 capital management plan

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 21 asset managers

Description as filed by funds: TO 2030 CAPITAL MANAGEMENT PLAN

The 21 asset managers below reported 48,733,844 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 48,733,844
Largest asset managers voting on “TO 2030 CAPITAL MANAGEMENT PLAN” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
ADVISORS SERIES TRUST13,422,8950 00For
SEI5,979,0000 00For
BlackRock3,496,3600 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Krane Shares Trust743,9670 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
Jackson National303,2120 00For
John Hancock226,1000 00For
NORTHERN LIGHTS FUND TRUST III224,1000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

34. Interim Profit Appropriation Plan

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Interim Profit Appropriation Plan” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

35. Capital management plan for 2026-2030

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: CAPITAL MANAGEMENT PLAN FOR 2026-2030

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “CAPITAL MANAGEMENT PLAN FOR 2026-2030” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

36. Profit appropriation plan for the year 2025 (including the distribution of final dividend)

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: PROFIT APPROPRIATION PLAN FOR THE YEAR 2025 (INCLUDING THE DISTRIBUTION OF FINAL DIVIDEND)

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “PROFIT APPROPRIATION PLAN FOR THE YEAR 2025 (INCLUDING THE DISTRIBUTION OF FINAL DIVIDEND)” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

37. Resolution regarding the interim profit appropriation plan for the year 2026

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING THE INTERIM PROFIT APPROPRIATION PLAN FOR THE YEAR 2026

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “RESOLUTION REGARDING THE INTERIM PROFIT APPROPRIATION PLAN FOR THE YEAR 2026” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

38. Approve Ernst & Young Hua Ming LLP and Ernst & Young as Domestic and International Accounting Firms, Respectively, and…

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 66 asset managers

Description as filed by funds: Approve Ernst & Young Hua Ming LLP and Ernst & Young as Domestic and International Accounting Firms, Respectively, and Authorize Board to Fix Their Remuneration

The 66 asset managers below reported 517,167,678 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 517,167,678
Largest asset managers voting on “Approve Ernst & Young Hua Ming LLP and Ernst & Young as Domestic and International Accounting Firms, Respectiv” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard179,390,8690 00For
BlackRock123,879,3210 00For
Fidelity31,990,4670 00For
MFS22,782,3570 00For
Lazard22,317,2310 00For
Dimensional16,757,2550 00For
TIAA16,743,8020 00For
American Century11,319,0000 00For
State Street11,038,1660 00For
AllianceBernstein10,299,3000 00For
TEMPLETON EMERGING MARKETS EQUITY FUND7,486,1840 00For
Goldman Sachs6,274,0010 00For
DRIEHAUS MUTUAL FUNDS5,756,5000 00For
JPMorgan4,799,3700 00For
MATTHEWS INTERNATIONAL FUNDS3,753,6430 00For
Morgan Stanley3,583,3060 00For
Calvert3,543,5000 00For
Northwestern Mutual3,375,5000 00For
Capital Group3,041,0000 00For
WisdomTree2,435,0000 00For
Aberdeen2,342,5000 00For
ADVISORS' INNER CIRCLE FUND2,329,5000 00For
Invesco2,183,2720 00For
Equitable2,055,7220 00For
Columbia Threadneedle2,001,6160 00For

Showing the 25 largest of 66 asset managers. All 66 are in the interactive database (link above).

39. Appointment of Auditor and Authority to Set Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 30,317,210 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,317,210
Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab18,295,9150 00For
SEI5,979,0000 00For
Russell Investments2,403,0660 00For
Adviser Managed Trust1,498,3420 00For
Hartford569,0000 00For
Vanguard542,8570 00For
GUINNESS ATKINSON FUNDS415,5000 00For
New York Life188,5220 00For
Global X147,6000 00For
Federated Hermes91,6000 00For
Venerable Variable Insurance Trust89,0000 00For
Neuberger Berman77,8000 00For
Prudential/PGIM10,5000 00For
Perpetual Americas Funds Trust8,5080 00For
Mercer Funds00 00--

40. Resolution regarding the engagement of accounting firms for the year 2026

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 13 asset managers

Description as filed by funds: RESOLUTION REGARDING THE ENGAGEMENT OF ACCOUNTING FIRMS FOR THE YEAR 2026

The 13 asset managers below reported 24,129,063 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,129,063
Largest asset managers voting on “RESOLUTION REGARDING THE ENGAGEMENT OF ACCOUNTING FIRMS FOR THE YEAR 2026” at China Merchants Bank Co., Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS10,870,0000 00For
Bridge Builder Trust6,172,0000 00For
BlackRock3,010,5000 00For
HARBOR FUNDS1,133,9670 00For
John Hancock1,037,7100 00For
Vanguard576,0000 00For
RBC FUNDS TRUST414,0770 00For
Jackson National386,2590 00For
ADVISORS SERIES TRUST195,0000 00For
EA Series Trust164,9620 00For
Siren ETF Trust159,0000 00For
Baillie Gifford ETF Trust6,3940 00For
GPS Funds I3,1940 00For

Showing the 40 reported items with the widest manager coverage, of 49 in total. Every item is in the interactive database (link above).

Largest China Merchants Bank Co., Ltd. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top China Merchants Bank Co., Ltd. shareholders by shares voted on “Approve Annual Report (Including the Audited Financial Report)”, 2025-2026
#Asset manager Shares voted
1Vanguard 179,390,869
2BlackRock 123,879,321
3Fidelity 31,990,467
4MFS 22,782,357
5Lazard 22,317,231
6Dimensional 16,757,255
7TIAA 16,743,802
8American Century 11,319,000
9State Street 11,038,166
10AllianceBernstein 10,299,300

Shown as share counts, not percentages: no shares-outstanding figure has been matched to China Merchants Bank Co., Ltd. for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

China Merchants Bank Co., Ltd. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “China Merchants Bank Co., Ltd. 2026 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/china-merchants-bank-co-ltd/2026 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.