China Merchants Securities (06099) can participate in carbon emission trading in domestic legal trading venues through its proprietary business.

CMB Securities (06099) announced that the company recently received a reply from the China Securities Regulatory Commission (referred to as the CSRC) regarding the participation of CMSC Limited in carbon emission trading (Institutional Letter [2024] No. 2248) (hereinafter referred to as the reply). According to the reply, the company's self-operated business can participate in carbon emission trading on domestic legal trading platforms. The company will follow relevant regulations and the requirements of the reply, aiming to serve the real economy, reduce the overall cost of emission reduction in society, promote the transformation and upgrading of the economy towards green and low-carbon development as its goal, conduct business in a compliant and prudent manner, and incorporate relevant businesses into the company's comprehensive risk management system.