Core Viewpoint - The article highlights the role of Bank of Communications in facilitating high-level opening-up and building a "financial bridge" for cross-border financial services, emphasizing its commitment to serving the real economy and promoting innovation in financial services [1] Group 1: Financial Services and Innovation - Bank of Communications aims to enhance its cross-border financial services by optimizing products and innovating comprehensive financial service solutions [1] - The bank is leveraging digital engines to drive new foreign trade business models, thereby supporting technological innovation and green initiatives [1] Group 2: Participation in Events - As a core supporting enterprise at the China International Import Expo (CIIE), Bank of Communications showcases its financial services and innovations on a prominent platform [1] - The bank's representatives shared their experiences and insights during the event, reflecting its active engagement in promoting financial services [1]

Group 1 - The core viewpoint of the news is that the partnership between the Fund and Bank of Communications has launched a new cash management service called "Active Money+" which offers flexible and efficient financial product redemption options for investors [1][2] - The "Active Money+" service includes 50 money market funds and 50 cash management products, characterized by low thresholds, low risks, and high convenience, allowing personal investors to manage their liquid funds effectively [1][2] - The service features a minimum investment of 0.01 yuan, no redemption fees, and a historical record of daily positive returns, enhancing the efficiency of fund allocation for users [1][2] Group 2 - The operational experience of "Active Money+" emphasizes flexibility, with products sorted by the latest 7-day annualized yield, and various redemption modes available to cater to individual preferences [2] - The collaboration between the Fund and Bank of Communications marks a new chapter in cash management services, focusing on investor interests and leveraging opportunities from high-quality economic development [2] - Future plans include exploring more innovative products and service models to provide professional asset allocation solutions and attentive support for diverse funding needs [2]

9月25日，工商银行、农业银行、中国银行、建设银行、交通银行集体发布公告，宣布公司 章程修订获监管核准，自核准之日起不再设立监事会，由董事会审计委员会依法承接监事会 职权。 交通银行同样发布相关公告，自2025年9月25日起不再设立监事会，由董事会审计委员会行 使监事会相关职权。现任监事王学庆、苏治、林至红、丰冰、颇颖不再担任监事及监事会相 关职务。 邮储银行也于近日发布公告表示，监事长、股东代表监事陈跃军到龄辞任。该行2025年第二 次临时股东大会会议资料显示，拟不再设立监事会及下设专门委员会，自公司章程获国家金 融监督管理总局核准之日起生效。 据不完全统计，目前已有20逾家银行披露公司治理架构改革计划，有银行已宣布监事团队人 员调整。业内人士认为，银行裁撤监事会有助于提升银行治理效率、精简公司治理结构、权 责更加清晰，同时也要防范监督独立性风险。 五家国有银行集体官宣取消监事会 邮储银行监事长日前已辞任 9月25日，国有五大行集体发布公告，宣布公司章程修订获核准以及不再设立监事会，由董 事会审计委员会依法承接监事会职权。 工商银行公告称，近日收到《国家金融监督管理总局关于工商银行修改公司章程的批复》。 自 ...

Core Viewpoint - The article highlights the efforts of the Bank of Communications (BoCom) in promoting financial education through a series of innovative initiatives during the 2025 Financial Education Promotion Week, aimed at enhancing public understanding of financial knowledge and consumer rights [1][2][3][4]. Group 1: Financial Education Initiatives - BoCom launched a series of engaging financial education projects, including the introduction of a new mascot "Jiao Jiao," designed to resonate with contemporary culture and enhance brand recognition [1][2]. - The financial education series video "Jiao Jiao, Set Off!" was released across multiple online platforms, featuring "Jiao Jiao" on a journey to spread practical financial knowledge, including fraud prevention and rational investment [2]. - During the promotion week, BoCom organized various financial education activities at well-known tourist attractions across multiple provinces, integrating local cultural elements to attract diverse audiences [3]. Group 2: Consumer Protection and Financial Literacy - BoCom's half-year report indicates a commitment to consumer protection, establishing a comprehensive framework for consumer rights that includes a cross-departmental coordination mechanism [4]. - The bank emphasizes the integration of financial education with support for the elderly and disabled, aiming to enhance the effectiveness and innovation of its educational efforts [4]. - A "Risk Warning Delivered" initiative was conducted in 73 scenic spots across 28 provinces, directly bringing financial services and knowledge to consumers [3].

Core Viewpoint - The Bank of Communications Pingdingshan Branch is actively supporting local foreign trade enterprises, particularly Shennma Co., by providing professional exchange rate risk management services to enhance their ability to cope with exchange rate fluctuations and promote stable foreign trade development [1][2]. Group 1: Exchange Rate Risk Management - The Bank of Communications Pingdingshan Branch has responded to national policies aimed at stabilizing foreign trade by offering targeted exchange rate risk management services to key local foreign trade enterprises [1]. - Shennma Co., as a benchmark enterprise in the local foreign trade sector, faces challenges from exchange rate fluctuations, prompting the bank to implement a financial management philosophy centered on exchange rate risk neutrality [1]. - The bank's services have helped Shennma Co. improve its cost control capabilities amid exchange rate volatility and recognize the importance of maintaining an exchange rate risk-neutral approach for financial stability [1]. Group 2: Future Initiatives - The Bank of Communications Pingdingshan Branch plans to continue implementing measures related to stabilizing foreign trade, focusing on financial product and service innovation [2]. - There will be an emphasis on promoting the exchange rate risk neutrality concept to assist more foreign trade enterprises in enhancing their overall risk resistance capabilities [2]. - The bank aims to inject financial momentum into the high-quality development of the local real economy through these initiatives [2].

Core Viewpoint - Major banks in China have decided to abolish their supervisory boards, transferring their functions to the audit committee of the board of directors, which is seen as a move to optimize corporate governance and reduce costs [7][8][9] Group 1: Decision and Implementation - The five major banks have announced that they will no longer establish supervisory boards, a decision approved at the 2024 annual general meeting held on June 27, 2025, and recently sanctioned by the National Financial Regulatory Administration [7] - Postal Savings Bank has also proposed to abolish its supervisory board and related committees, with the audit committee of the board taking over these responsibilities, pending shareholder approval [8] Group 2: Rationale and Expert Opinions - Industry experts suggest that the functions of supervisory boards overlap with those of the audit committee, particularly the independent directors, making the abolition a strategic choice to enhance governance flexibility and efficiency [8] - The decision to eliminate supervisory boards is viewed as a way to maintain effective corporate governance while lowering governance costs, according to a leading expert from the Shanghai Financial and Development Laboratory [8] Group 3: Regulatory Framework - The revised Company Law allows companies to establish audit committees within the board of directors to perform the functions of supervisory boards, a change that has been recognized by the National Financial Regulatory Administration [9] - Besides the six major banks, several other national joint-stock banks and local commercial banks have also announced the abolition of their supervisory boards [9]

Core Viewpoint - The major state-owned banks in China are abolishing their supervisory boards, transitioning to a governance structure led by audit committees, which is expected to enhance management professionalism and independence [1][2][3]. Group 1: Announcement of Supervisory Board Abolishment - On September 25, five major state-owned banks, including Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, and Bank of Communications, announced the receipt of regulatory approval to abolish their supervisory boards [2]. - This decision has been in the works for some time, with proposals to eliminate supervisory boards appearing in board resolutions as early as April 29 [2]. - Other banks, such as Shanghai Rural Commercial Bank and China Merchants Bank, are also expected to follow suit, with nearly 20 institutions planning to abolish their supervisory boards this year [1][3]. Group 2: Legal and Regulatory Framework - The new Company Law allows limited liability companies to establish audit committees within the board of directors to exercise the functions of supervisory boards, providing a legal basis for banks to abolish their supervisory boards [3]. - The National Financial Regulatory Administration has indicated that financial institutions can choose to replace supervisory boards with audit committees, aligning regulatory policies with legal revisions [3][4]. Group 3: Internal Governance Structure Post-Abolishment - The banks will adopt a single-tier governance structure led by audit committees, which will be composed mainly of independent directors, enhancing supervisory efficiency through professional division of labor [4]. - The transition to audit committees is expected to improve the professionalism and independence of oversight functions, although it will depend on the effective operation of these committees [5].

Core Insights - The article highlights the successful collaboration between the Bank of Communications Bengbu Branch and a local environmental technology company, which received a mid-term loan approval of 10 million yuan in just two working days to alleviate short-term cash flow pressures due to increased sales [1][2] Group 1: Company Overview - The environmental technology company has been established for six years, focusing on resource recycling technology research and waste metal recycling, contributing significantly to local economic development and resource circularity [1] - In 2024, the company was approved for a short-term loan of 9 million yuan from the Bank of Communications [1] Group 2: Financial Support and Impact - Since 2025, the company has experienced significant sales growth, leading to an extended accounts receivable turnover period and increased short-term funding needs [1] - The Bank of Communications initiated a renewal of credit after understanding the company's challenges, utilizing the People's Bank of China’s fund flow information platform to efficiently access the company's financial data from multiple banks [1] - The bank completed the approval process quickly, converting the existing short-term loan into a more flexible mid-term loan, providing 10 million yuan in credit support, which the company has fully utilized to relieve its financial pressure [1] Group 3: Technological Integration - The use of the fund flow information platform represents a practical implementation of integrating technology finance with inclusive finance, enhancing the dynamic tracking of the company's operational status, income and expenditure, and performance capabilities [2] - The platform has significantly improved information symmetry between banks and enterprises, providing a reliable basis for credit financing for small and micro enterprises [2] - As of now, the Bank of Communications Bengbu Branch has completed 182 inquiries through the platform, resulting in 85 credit approvals totaling 222.3 million yuan, including 85.024 million yuan in credit loans [2]

国有大行集体公告 日前，中国银行、工商银行、农业银行、建设银行和交通银行均公告宣布，其公司章程修订已获得国家金 融监督管理总局核准，并据此正式不再设立监事会，转由董事会下设的审计委员会承接原属监事会的法定 职责。 9月25日，中国银行、农业银行、工商银行、建设银行、交通银行均发布关于不再设立监事会的公告 称，公司章程修订已获监管核准，不再设立监事会。 日前，邮储银行发布关于召开2025年第二次临时股东大会的通知显示，将于10月9日上午召开的股东大会 上审议关于该行不再设立监事会的议案。 这意味着，六大国有行全部取消监事会。 具体来看，各家银行的改革步骤高度一致。中国银行、工商银行、农业银行、建设银行和交通银行均于 2025年6月27日召开的2024年度股东大会上，审议批准了关于修订公司章程以及不再设立监事会的相关 议案。各家银行表示，陆续于近日收到了国家金融监督管理总局同意章程修订的批复文件。 随着新章程获得监管核准，相关调整正式生效。中国银行、农业银行在章程核准之日起即不再设立监事 会；建设银行和交通银行则明确了具体的生效日期，分别为2025年9月23日和9月25日。改革的核心内容 是，原由监事会行使的、依 ...

Core Insights - The article highlights the importance of county-level economies as key areas for expanding domestic demand and promoting consumption, particularly through the "Hundred Counties, Ten Thousand Stores for People's Livelihood" initiative launched by Bank of Communications credit cards [2][3]. Group 1: Consumer Engagement and Benefits - The "Hundred Counties, Ten Thousand Stores for People's Livelihood" initiative focuses on enhancing consumer experience by offering diverse benefits, including discounts and special offers in various sectors such as dining, supermarkets, and home appliances [3][6]. - The initiative aims to activate consumer potential by providing substantial discounts and flexible payment options, such as "installment discounts + interest subsidies," particularly for large purchases [3][6]. - New users are incentivized with exclusive benefits, including immediate discounts and purchase coupons, which lower the barriers for trying new financial services [3][6]. Group 2: Cultural and Economic Integration - The initiative also promotes the integration of local cultural heritage and consumption, exemplified by the collaboration with local businesses like the "Chicken Feather Exchange for Sugar" in Yiwu, enhancing the cultural vibrancy of county economies [4][6]. - The program supports the revitalization of traditional businesses, contributing to the economic dynamism of counties by merging cultural elements with modern consumption [4][6]. Group 3: Financial Services Expansion - The initiative extends the bank's financial services by integrating various retail banking products, including debit cards and social security cards, to provide comprehensive financial solutions [6][7]. - The program addresses the "last mile" challenge in financial services, ensuring that credit cards serve as a vital link between the bank and the community, facilitating efficient access to financial services [7]. - The focus on consumer education and protection enhances financial literacy and security awareness among county residents, promoting a dual effect of benefits and consumer rights [6][7]. Group 4: Economic Impact and Responsibility - The article emphasizes the role of the initiative in stimulating county-level consumption and enhancing the overall economic vitality, aligning with national goals for economic circulation [7]. - The collaboration among various stakeholders, including local governments and businesses, creates a synergistic effect that fosters a thriving commercial ecosystem in counties [7].