Group 1 - The core initiative "Thousand Billion Loan" aims to support local economic development by providing financial assistance to enterprises and individual operators in Fengcheng, Liaoning Province, with a total of 507 loans amounting to 20,866 million yuan disbursed so far [1] - A special leadership group was established by the Market Supervision Administration and Postal Savings Bank to analyze macroeconomic impacts on local enterprise financing needs and to develop tailored financing products and services [1][2] - The collaboration has led to a significant reduction in loan approval times, with some enterprises receiving loans within just three working days due to improved information sharing and data analysis [2] Group 2 - The initiative has focused on enhancing financial services in rural areas, particularly through personalized financing solutions for agricultural processing enterprises, resulting in 1,200 million yuan in loans for 23 companies [2] - There has been a notable shift towards online financial services, with a 40% increase in online loan processing compared to the previous year, reflecting a transition from offline to online operations [3] - The Market Supervision Administration plans to continue deepening cooperation with Postal Savings Bank to optimize work mechanisms and innovate financial service models for sustained local economic growth [3]

2025.05. 26 本文字数：2751，阅读时长大约4.5分钟 作者 | 第一财经 陈君君 今年以来，国内存款利率持续走低，多家银行1年期定期存款利率日前跌破1%，传统储蓄吸引力减 弱。与此同时，银行股的"类固收"属性凸显，截至5月23日，42家A股上市银行中，超七成近12个月 股息率超4%，部分银行股息率突破8%，远超存款及国债收益。 板块行情分化，区域银行占上风 这种收益差距引发"替代效应"，推动银行股表现强劲，年初以来涨幅达7.66%。险资和公募基金纷纷 加仓银行股，持仓比例显著提升。进一步来看，银行板块内部走势分化，区域银行表现更为突出。业 内人士认为，短期内高股息策略将继续推动银行股上涨，而中长期来看，息差水平和资产质量是关 键。 银行股的存款"替代效应"凸显 自2025年起，国内存款利率持续走低，各大商业银行纷纷开启"降息潮"。目前，1年期定期存款利率 最低已跌破1%，达到历史最新低点。在传统储蓄收益吸引力不断减弱的形势下，"存银行不如买银行 股"的讨论再度升温。 根据Wind数据，截至5月23日收盘，在42家A股上市银行中，有31家银行的近12个月股息率超过了 4%。其中，平安银行、民生银行 ...

中国银行方面表示，将以此次增加核心一级资本为契机，提升服务实体经济质效，强化全球化综合化优势，着力提升资本 使用效率，切实向资本高效节约使用经营模式转型，提高股东回报。 对于募集资金用途，上述4家银行均表示，在扣除相关发行费用后将全部用于补充自身核心一级资本。 国有大型商业银行是服务实体经济的主力军和维护金融稳定的压舱石，资本是商业银行持续经营、稳健运行的基础。在业 内人士看来，补充国有大型商业银行核心一级资本，是实施宏观经济逆周期调控的一项重要增量政策，对于推动经济高质量发 展和维护金融安全具有一举多得的政策效果。 截至2024年末，中国银行、建设银行、交通银行、邮储银行的核心一级资本充足率分别为12.20%、14.48%、10.24%、 9.56%，均较2023年末有所提升。多家银行表示，通过资本市场补充核心一级资本，对更好地满足资本监管要求、增强风险抵 御能力、保障未来各项业务可持续发展具有重要意义，有利于整体经营更加稳健，也将有助于更好地服务实体经济发展。 邮储银行还披露了此次发行后该行资本监管指标的变动情况。以2024年12月31日为测算基准日，假设此次发行募集资金总 额为1300亿元，在不考虑发行 ...

Core Viewpoint - Postal Savings Bank is actively supporting technology-based enterprises by providing comprehensive financial services to help them overcome development bottlenecks and achieve high-level technological self-reliance [1][4]. Group 1: Innovative Financial Service Models - Postal Savings Bank has established 99 technology financial service institutions across key regions to focus on the financial needs of technology-based enterprises [1]. - The bank has introduced the "Tengfei Loan" model, offering medium to long-term loans ranging from 5 million yuan (approximately 0.7 million USD) for 1 year to 30 million yuan (approximately 4.2 million USD) for 2 years, specifically targeting companies like Shenzhen Xinguang Precision Technology Co., Ltd. [1]. Group 2: Full Lifecycle Financial Service System - Postal Savings Bank has developed a full lifecycle financial service system to meet the varying financial needs of technology-based enterprises at different stages of development, including startup, growth, and maturity [2][3]. - The bank's comprehensive product matrix combines online and offline services, as well as commercial and investment banking, to provide tailored financial solutions for companies like Anhui Shuangjun Intelligent Technology Co., Ltd., which has maintained a 30% to 50% order growth rate [2]. Group 3: Supporting Small and Micro Technology Enterprises - The bank has responded to national policies aimed at supporting small and micro enterprises by enhancing its credit support, which is crucial for the survival and growth of these companies [4][5]. - As of the end of Q1 2025, Postal Savings Bank has served nearly 100,000 technology-based enterprises, with a financing balance exceeding 600 billion yuan (approximately 84.5 billion USD) [5]. Group 4: Future Directions - Postal Savings Bank plans to continue deepening its engagement in the technology finance market, promoting a virtuous cycle between technology, industry, and finance, and achieving mutual empowerment between finance and technology [5].

几年前，邮储银行大余县支行客户经理在青龙镇走访特色产业客户时来到梁飞的烫皮厂。了解到他的困 境后，该支行客户经理便为其推荐了邮储银行的"极速贷"产品，梁飞通过手机扫码申请、上传资料，20 万元贷款成功到账。 ■本报记者 郑长灵 走进位于江西大余县青龙镇平岗村的大余鸿发烫皮厂，阳光透过竹匾映照在薄如蝉翼的烫皮上，散发出 温润的光泽。大米、大蒜与天然果蔬按比例调配的独特香气，瞬间弥漫开来，让人沉醉。这不仅是一道 美食，更是一段传承与创新的故事。 大余烫皮作为赣南客家的传统风味美食，历史悠久。它以"薄如蝉翼、柔韧透香"的独特口感闻名遐迩， 不仅被列入市级非物质文化遗产名录，也成为展示客家文化的亮丽名片。 梁飞自小便跟随祖辈学习烫皮制作技艺，凭借对这门传统手艺的坚持和热爱，他制作的烫皮在当地渐渐 有了名气。然而，传统工艺的局限性也逐渐显现：产量低、品质不稳定。 "多亏了邮储银行的资金支持，让我有了底气继续能够坚守烫皮这一传统手艺。"梁飞对记者表示，他用 这笔资金购置了蒸汽锅炉，建立了首个标准化生产车间，对未来有了更多的憧憬。 随着新设备的投入使用，米浆的细腻度大幅提升，成品率提高了近25%。梁飞还在传统口味的基础上， ...

财政部发行特别国债补充大行资本落地在即。 5月23日晚间，中国银行、交通银行、邮储银行发布公告称，向特定对象发行A股股票申请已获得中国证监会同意注册批复。 交通银行股份有限公司 关于向特定对象发行 A 股股票申请 获得中国证监会同意注册批复的公告 交通银行股份有限公司（以下简称"交通银行"或"本公司"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。 本公司今日收到中国证券监督管理委员会出具的《关于同意交通银行股份有 限公司向特定对象发行股票注册的批复》(证监许可〔2025〕1081号),主要内容 如下: "一、同意你公司向特定对象发行股票的注册申请。 股票代码: 601328 股票简称:交通银行 编号:临 2025-040 作为一揽子增量政策的组成部分，"国家计划对六家大型商业银行增加核心一级资本"2024年9月24日被首次提及。此后有关发行特别国债注资、以外汇储备 注资等多种增资路径被市场广泛讨论。 直至2024年10月12日，财政部部长蓝佛安介绍财政部陆续推出的一揽子有针对性增量政策举措时表示，将发行特别国债支持国有大型商业银行 ...

Core Insights - The article highlights the role of Postal Savings Bank in supporting the development of private enterprises through innovative financial services and products [1][2][3] Group 1: Financial Support for Enterprises - Postal Savings Bank has provided over 2.5 trillion yuan in loans to private enterprises, accounting for more than 28% of its total loans as of January 2025 [2] - The bank has implemented various financial products, such as "industry loans" and "innovation credit loans," to assist enterprises in upgrading their operations and expanding production capacity [3][4] - Specific examples include the provision of 1 million yuan in credit loans to Dongli Intelligent Technology and 1.036 million yuan in mortgage loans for facility expansion [3][4] Group 2: Digital Transformation and Policy Support - Postal Savings Bank has been proactive in helping enterprises navigate digital transformation by offering tailored financial solutions and connecting them with government resources [3][7] - The bank's efforts have led to significant achievements, such as the successful application of special subsidies under national policies for enterprises like Dongli Intelligent [3][4] Group 3: Commitment to Small and Micro Enterprises - The bank has established a comprehensive financial service system to support small and micro enterprises, with over 63,000 visits to market entities and 410 billion yuan in credit granted to recommended small enterprises by mid-February 2025 [8][9] - The bank's initiatives include customized financial service plans for cross-border enterprises and the use of digital tools to enhance service efficiency [7][8] Group 4: Future Goals and Strategic Initiatives - Postal Savings Bank aims to provide no less than 10 trillion yuan in financing support to various private economic entities over the next five years [10] - The bank is focused on becoming a leader in rural revitalization, inclusive finance, and technology finance, emphasizing the importance of collaboration and strategic partnerships [10][11]

Fund Overview - The fund is named "PICC Zhongzheng Interbank Certificate of Deposit AAA Index 7-Day Holding Period Securities Investment Fund" and is a contract-based open-end fixed income (mixed) securities investment fund [16][18] - The fund is managed by PICC Asset Management Co., Ltd. and the custodian is China Postal Savings Bank Co., Ltd. [1][44] Fund Offering Details - The fund will be publicly offered from June 3, 2025, to June 13, 2025, with a maximum fundraising limit of 5 billion RMB [4][22] - Single investor daily subscription amount is capped at 10 million RMB, with the possibility of adjustments by the fund manager [19][26] - The fund has a minimum subscription amount of 1 RMB through other sales institutions and 10,000 RMB through direct sales [3][26] Subscription and Account Opening - Investors must open a fund account with the registration institution to purchase the fund, and only one fund account is allowed per investor [6][28] - The fund's subscription process includes multiple steps, such as providing identification and completing necessary forms [29][34] Fund Management and Operation - The fund has a minimum holding period of 7 days, during which investors cannot redeem or transfer their shares [18] - The fund's initial share value is set at 1.00 RMB [18] Fund Registration and Verification - The fund must meet specific conditions, including a minimum of 200 investors and a total fundraising amount of at least 200 million RMB, to proceed with registration [22][42] - If the fundraising conditions are not met by the end of the fundraising period, the fund will be deemed unsuccessful, and investors will be refunded [43]

Core Viewpoint - A new round of interest rate cuts for large-denomination certificates of deposit (CDs) has begun, with some products' rates falling below 1% for the first time in recent years, indicating a significant shift in the banking sector's approach to deposit rates [1][9]. Summary by Category Interest Rate Changes - Major banks, including state-owned banks, have reduced the annualized interest rates for 1-month and 3-month large-denomination CDs to 0.9%, marking a historic low [1][3]. - The latest issuance by Bank of China shows a reduction of 25 basis points for 1-month, 3-month, 6-month, and 1-year products, while the 3-year product saw a reduction of 35 basis points [3][10]. - Other banks, such as Industrial and Agricultural Banks, have also lowered their rates to 0.9% for similar products [3][6]. Implications for the Banking Sector - The reduction in deposit rates is seen as a strategy to alleviate pressure on net interest margins, which have been declining [10][11]. - Analysts suggest that lowering deposit rates will help banks stabilize their net interest margins and reduce financing costs for the real economy [10][11]. Investor Guidance - Investors are advised to adjust their expectations regarding investment returns and consider a diversified asset allocation strategy in light of the declining interest rates [1][8][11]. - The trend of decreasing deposit rates is expected to continue, prompting investors to seek alternative investment options such as cash management products, money market funds, and government bonds [11].

Core Viewpoint - Postal Savings Bank of China Shanghai Branch is actively enhancing public awareness and prevention capabilities against telecom and online fraud, fulfilling its social responsibility as a financial institution to safeguard the financial security and legal rights of the public [1][7]. Group 1: Community Engagement and Education - The Shanghai Branch utilizes its network resources to integrate anti-fraud education into daily services, employing methods such as video displays and distributing educational materials to create a strong public awareness atmosphere [1]. - The bank has implemented differentiated promotional strategies targeting various customer demographics, focusing on common scams relevant to elderly clients and new types of fraud for younger clients [1]. - Community branches are collaborating with local volunteers to conduct anti-fraud campaigns, providing residents with insights into fraud techniques and enhancing their awareness through interactive activities [2]. Group 2: Targeted Initiatives for Vulnerable Groups - Specific initiatives have been launched to educate elderly clients about common scams and fraud prevention, utilizing presentations and discussions to improve their ability to recognize fraud [4]. - Activities aimed at school students have been organized to raise awareness about fraud, particularly focusing on online gaming scams and gambling-related fraud [5]. Group 3: Business Outreach and Safety Measures - The bank's branches are conducting face-to-face anti-fraud education sessions with local businesses, emphasizing the importance of using legitimate financial channels and being cautious of unsolicited communications [6]. Group 4: Future Plans and Innovations - The Shanghai Branch plans to continue its anti-fraud efforts by innovating promotional methods, including online lectures and community outreach, to enhance public financial knowledge and risk awareness [7].