Bank of Communications Vice President Anticipates Investment Gains Impact on Group Profit in Second Half

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During the 2026 Shanghai-listed companies collective investor reception and interim results briefing held on September 16, Bank of Communications Co., Ltd. Executive Director and Vice President Zhou Wanfu addressed investor queries, revealing that subsidiary BoCom Investment has invested in projects including Cxmt Corporation through debt-to-equity swaps. He framed this as a pragmatic move by the bank to serve national strategic priorities and support the upgrading of the domestic semiconductor industry.

Zhou noted that the impact of these investment gains on the group's profit is expected to materialize in the second half of the year, with a precise assessment pending further evaluation at that time.

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