On the morning of July 26, 2016 local time, CMG President Mr. Li Xiaopeng met with Mr. Carlos, the head of global banking of JPMorgan, exchanging views on the macroeconomics and cooperation.

Li Xiaopeng stated that the performance of China Merchants Group in the first half year behaved robust, with the increase of incomes and profits. There are more potential areas for cooperation between CMG and JPMorgan after the consolidation of financial statements between China Merchants Group and China Merchants Bank and the integration between China Merchants Group and Sinotrans ＆CSC holdings. Mr. Carlos has confidence about the economy of China. Likewise, JPMorgan that has commercial banks and investment banks is capable of providing comprehensive services to CMG.