Core Viewpoint - Postal Savings Bank of China (PSBC) has experienced a decline in stock price recently, with a year-to-date increase of 9.45% and a market capitalization of approximately 712.16 billion yuan [1][2]. Financial Performance - As of June 30, 2025, PSBC reported a net profit of 49.23 billion yuan, reflecting a year-on-year growth of 0.85% [3]. - The bank's cumulative cash distribution since its A-share listing amounts to 137.80 billion yuan, with 77.40 billion yuan distributed over the past three years [4]. Shareholder Information - The number of shareholders decreased by 10.31% to 164,100 as of June 30, 2025, while the average circulating shares per person increased by 11.66% to 415,086 shares [3]. - Major shareholders include Hong Kong Central Clearing Limited, which holds 942 million shares, an increase of 60.83 million shares from the previous period [4]. Business Segmentation - PSBC's main business segments include personal banking (69.57% of revenue), corporate banking (19.70%), and funding operations (10.65%) [2].

9月19日，由该分行副行长王镇带队，联合市邮政公司、市分行及巴州区支行组成志愿服务队，在巴州 区新天地广场设置宣传点，面向市民开展金融知识教育宣传。现场通过发放折页、案例讲解等形式，普 及基础金融产品知识，介绍"金融为民办实事"相关惠民举措。巴州区支行还走进巴城印象文创园，为商 户、游客及社区居民提供面对面的金融咨询服务。 邮储银行巴中市分行副行长王镇向市民宣讲金融基础知识 深入县域基层，精准提示金融风险 活动覆盖巴中市辖内多个区县，针对性开展"风险提示送上门"行动。平昌县支行走进县第二小学，为师 生带来防范电信诈骗、识别假币、反洗钱等实用知识，帮助青少年树立理性金融观念。南江县支行在大 堂坝广场设点，聚焦"AI换脸诈骗"、"征信修复"骗局、"套路贷"等热点风险，与群众互动交流。通江县 支行则深入社区开展走访宣传，提示远离非法集资和电信诈骗。 拓展线上渠道，增强宣传互动性和传播力 转自：推广 为进一步提升金融消费者风险防范意识和能力，切实维护消费者合法权益，9月15日至19日，邮储银行 巴中市分行积极响应监管及上级行号召，组织开展"金融教育宣传周"系列活动。活动以"保障金融权益 助力美好生活"为主题，通过线上 ...

Group 1 - Postal Savings Bank's staff successfully intercepted a telecom fraud attempt, helping a customer avoid a loss of 300,000 yuan [1] - The customer was induced to download a suspicious meeting app, which allowed the fraudster to remotely control her phone [1] - The bank's manager quickly identified the situation as a typical "induced app download remote control" scam and took immediate action to assist the customer [1] Group 2 - The bank's employee provided emotional support and guided the customer to uninstall the suspicious app and report all bank accounts for loss prevention [1] - The incident highlights the bank's strong anti-fraud capabilities and responsible service attitude [1] - Postal Savings Bank advises customers to be cautious of unknown calls, avoid downloading unverified apps, and not disclose sensitive information [1]

Core Viewpoint - Postal Savings Bank of China (PSBC) announced the absorption and merger of its wholly-owned subsidiary, Postal Huinong Bank, to optimize management and business structure, resulting in the cancellation of the latter's independent legal status and the transfer of all its assets and liabilities to PSBC [1][4][5]. Group 1: Merger Details - The board of PSBC approved the merger proposal, which will be submitted to the shareholders' meeting and requires approval from the National Financial Regulatory Administration [5]. - The merger aims to enhance operational efficiency by integrating Postal Huinong Bank's online operational experience and resources into PSBC, thereby reducing management costs and improving overall operational efficiency [5][6]. Group 2: Postal Huinong Bank's Performance - Established in January 2022, Postal Huinong Bank had total assets of 12.005 billion yuan and over 20 million registered users by June 2023 [6]. - The bank reported a revenue of 150 million yuan in the first half of 2023, a year-on-year increase of 12.78%, while its net loss decreased by 38.74% compared to the previous year [6][7]. Group 3: Industry Context - Prior to the merger, there were only two independent legal direct banks in China, with the other being Citic Baixin Bank, which has a total asset of 119.516 billion yuan and a net profit of 472 million yuan as of June 2023 [8][9]. - The establishment of new independent direct banks has become increasingly challenging due to stricter regulatory policies and market saturation, leading to a trend of consolidation within the industry [9][10].

Core Viewpoint - The article argues that securitization is not an effective method for disposing of non-performing loans, despite being a financing tool [2][10]. Summary by Sections Securitization Example - Postal Savings Bank issued a securitized product based on personal credit non-performing consumer loans on October 18, 2022, with the asset pool being finalized on May 18, 2022 [2][4]. - The total amount of non-performing loans included in the securitization was 1.11 billion yuan, with an expected recovery of 237.33 million yuan over 33 months [3][4]. Asset Characteristics - The asset pool consisted of 18,529 loans from 8,675 borrowers, with a total principal amount of 1.11 billion yuan and interest and fees amounting to 90.91 million yuan [3]. - The average outstanding balance per borrower was 138,400 yuan, and the average expected recovery amount was 27,400 yuan [3]. Issuance Details - The securitized product had a total issuance size of 182 million yuan, with 142 million yuan in senior tranches and 40 million yuan in junior tranches [4][5]. - The senior tranche had a fixed interest rate of 2.38% and was rated AAAsf by China Chengxin International [5]. Recovery and Investor Interest - The expected recovery amount of 237.33 million yuan was gross and included costs associated with recovery efforts [7]. - Investors were willing to purchase the securitized product due to the potential for profit, as the expected recovery exceeded the amount invested [8]. Bank's Perspective on Securitization - The bank benefits from securitization by reducing its non-performing loan balance and receiving upfront cash, which can enhance profits if the loans are fully provisioned [9]. - The bank retains the role of loan servicer, allowing it to earn service fees from the recovery process [9]. Critique of Securitization - The article highlights that the cash received from securitization may be less than what could be recovered without it, as evidenced by the actual recovery amounts [11][14]. - The "transition period" during which cash flows are restricted limits the bank's ability to utilize funds effectively [15]. Long-term Implications - Over a longer time frame, the advantages of receiving cash upfront diminish, especially if the bank engages in rolling securitizations [18][19]. - The article argues that traditional methods of write-offs and recoveries could achieve similar results without the drawbacks of securitization [20][26]. Conclusion - Securitization is portrayed as a financing method that may not effectively address the underlying issues of non-performing loans, potentially leading to negative impacts on bank profitability and loan management [26].

Group 1 - Postal Savings Bank of China (PSBC) is merging its wholly-owned subsidiary, Postal Savings Bank Huinong Bank, to optimize management and business structure, resulting in the latter's legal status being canceled [1] - Postal Savings Bank Huinong Bank was established in January 2022 with a registered capital of 5 billion yuan and aimed to provide digital inclusive financial services [1] - As of June 2023, Postal Savings Bank Huinong Bank had total assets of 12.005 billion yuan and over 20 million registered users [1] Group 2 - The merger of Postal Savings Bank Huinong Bank reflects a broader trend in the banking industry towards digital transformation and consolidation, moving from initial experimentation to comprehensive integration [2] - Other banks, such as China Merchants Bank, have also withdrawn independent digital bank applications, indicating a shift in strategy within the industry [2] - The banking sector is transitioning into a new phase of deep integration in digital development, as many banks consolidate their digital financial subsidiaries [2]

证券代码：601658 证券简称：邮储银行 公告编号：临 2025-051 中国邮政储蓄银行股份有限公司 关于召开2025年第二次临时股东大会的通知 中国邮政储蓄银行股份有限公司董事会及全体董事保证本公告内容不存在 任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整 性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2025年第二次临时股东大会 (二) 股东大会召集人 中国邮政储蓄银行股份有限公司（以下简称中国邮政储蓄银行或本行） 董事会 (三) 投票方式 本次股东大会所采用的表决方式是现场投票和网络投票相结合的方式 1 股东大会召开日期：2025年10月9日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 9 日 10 点 00 分 召开地点：北京市西城区金融大街 3 号金鼎大厦 A 座 (五) 网络投票的系统、起止日期和投票时间 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 10 月 9 日 至2025 年 1 ...

2025 年第二次临时股东大会会议资料 中国邮政储蓄银行股份有限公司 2025 年第二次临时股东大会 会议资料 北 京 2025 年 10 月 9 日 2025 年第二次临时股东大会会议资料 目 录 议案事项 | 1.关于变更中国邮政储蓄银行注册资本的议案 1 | | --- | | 2.关于修订《中国邮政储蓄银行股份有限公司章程》的议案 3 | | 3.关于修订《中国邮政储蓄银行股份有限公司股东大会议事规则》的议案 74 | | 4.关于修订《中国邮政储蓄银行股份有限公司董事会议事规则》的议案 93 | | 5.关于中国邮政储蓄银行不再设立监事会的议案 109 | | 6.关于选举陈雪女士为中国邮政储蓄银行非执行董事的议案 110 | | 7.关于选举宋晓东先生为中国邮政储蓄银行非执行董事的议案 113 | | 8.关于中国邮政储蓄银行吸收合并中邮邮惠万家银行有限责任公司的议案 116 | | 报告事项 | 9.关于中国邮政储蓄银行 2024 年度大股东评估情况的报告......................................120 注：1.上述决议案中，议案 1、2、5、8 为特别决议案， ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 POSTAL SAVINGS BANK OF CHINA CO., LTD. 2025年第二次臨時股東大會通告 茲通告，中國郵政儲蓄銀行股份有限公司（「本行」）謹定於2025年10月9日（星 期四）上午10時於北京市西城區金融大街3號金鼎大廈A座現場舉行2025年第二 次臨時股東大會（「臨時股東大會」），以處理下列事項： 決議案 上述決議案中，第3、4、6、7項為普通決議案，第1、2、5、8項為特別決議 案。 1 1. 審議及批准變更本行註冊資本； 2. 審議及批准修訂公司章程； 3. 審議及批准修訂股東大會議事規則； 4. 審議及批准修訂董事會議事規則； 5. 審議及批准不再設立監事會； 6. 審議及批准選舉陳雪女士為本行非執行董事； 7. 審議及批准選舉宋曉東先生為本行非執行董事；及 8. 審議及批准吸收合併郵惠萬家銀行。 報告事項 9. 關於中國郵政儲蓄銀行2024年度大股東評估情況的報告。 16 ...

POSTAL SAVINGS BANK OF CHINA CO., LTD. 1658 2025年第二次臨時股東大會之委任代表表格 本委任代表表格之股份數目 （附註2） 股H股 本人╱吾等 （附註1） 為中國郵政儲蓄銀行股份有限公司（「本行」） 股H股 ， （附註2） 之登記持有人， 現委任大會主席或 地址為 （附註3） 為本人╱吾等之代表，代表本人╱吾等出席本行謹定於2025年10月9日（星期四）上午10時於北京市西城區金融大 街3號金鼎大廈A座現場舉行之2025年第二次臨時股東大會或其任何續會，並於該大會或其任何續會代表本人╱吾 等，依照下列指示就下列決議案投票，如無作出指示，則由本人╱吾等之代表酌情決定投票。 | | 特別決議案 | （附註4） 贊成 | 反對 | （附註4） | 棄權 | （附註4） | | --- | --- | --- | --- | --- | --- | --- | | 1. | 審議及批准變更本行註冊資本 | | | | | | | 2. | 審議及批准修訂公司章程 | | | | | | | | 普通決議案 | | | | | | | 3. | 審議及批准修訂股東大會議事規 ...