Core Viewpoint - Postal Savings Bank of China plans to establish a wholly-owned subsidiary, China Postal Investment, with a registered capital of 10 billion yuan, aimed at enhancing its comprehensive service capabilities and supporting technological innovation and private enterprises [1][3]. Group 1: Company Announcement - Postal Savings Bank announced the establishment of China Postal Investment with a registered capital of 10 billion yuan, funded by the bank's own resources, which will not significantly impact its financial status or operating results [3]. - The investment was approved by the bank's board of directors and does not require shareholder meeting approval, but it must obtain regulatory approval [3]. - The establishment of the investment company is part of the bank's response to national calls and aims to support the construction of a technology-driven economy [3]. Group 2: Industry Context - The establishment of China Postal Investment marks the addition of a new member to the state-owned bank AIC companies after an 8-year hiatus, with all six major state-owned banks expected to have AIC companies once regulatory approval is obtained [3][6]. - In 2023, three banks have been approved to establish AIC companies, including Industrial Bank, CITIC Bank, and China Merchants Bank, indicating a trend of expansion in the AIC sector [6]. - The expansion of AIC companies is seen as beneficial for promoting technological finance development and enhancing banks' comprehensive operational capabilities [7].

金融界2025年7月16日消息，国家知识产权局信息显示，中国邮政储蓄银行股份有限公司申请一项名 为"基于用户反馈数据的产品改进方法、装置和产品改进系统"的专利，公开号CN120317936A，申请日 期为2025年04月。 天眼查资料显示，中国邮政储蓄银行股份有限公司，成立于2007年，位于北京市，是一家以从事货币金 融服务为主的企业。企业注册资本9916107.6038万人民币。通过天眼查大数据分析，中国邮政储蓄银行 股份有限公司共对外投资了30家企业，参与招投标项目5000次，财产线索方面有商标信息1214条，专利 信息882条，此外企业还拥有行政许可97个。 本文源自：金融界 作者：情报员 专利摘要显示，本申请提供了一种基于用户反馈数据的产品改进方法、装置和产品改进系统，该方法包 括：获取目标产品的多个反馈数据，反馈数据为目标用户在使用目标产品后对目标产品使用体验的意见 和评价；采用模型对各反馈数据进行分析，得到各反馈数据的目标类别、目标情感得分和目标满意度； 根据各反馈数据对应的目标类别、目标情感得分和目标满意度确定各反馈数据的综合评价得分；按照综 合评价得分从大到小的顺序对各反馈数据进行排序，得到各 ...

Group 1: Capital Increase - Fengshen Co., Ltd. plans to raise no more than 1.1 billion yuan for the high-performance giant engineering radial tire expansion project [1] - Shangwei Co., Ltd. intends to raise no more than 1.14 billion yuan for digital upgrade and comprehensive capability enhancement projects, marketing center and brand promotion projects, and to supplement working capital [1] Group 2: Share Transfer and Buyback - Huayuan Holdings plans to repurchase shares for an amount between 20 million to 40 million yuan, with a repurchase price not exceeding 28 yuan per share [2] - Hesheng Silicon Industry's controlling shareholder is transferring 5.08% of the company's shares at a price of 43.9 yuan per share [3] Group 3: External Investment and Daily Operations - Tuoxin Pharmaceutical plans to increase its investment in Jingsan Biotechnology by 10 million yuan, acquiring a 1.75% stake, as Jingsan Biotechnology has achieved high-purity ergotamine production [4] - Medike intends to acquire 100% equity of Haishuo Optical Technology and INNOWAVE VIETNAM CO., LTD. for a total transaction amount of 2.1947 million USD [4] - Postal Savings Bank plans to invest 10 billion yuan to establish China Post Financial Asset Investment Co., Ltd. [4] - Wuchan Zhongda intends to acquire 100% equity of Huzhou South Taihu Power Technology Co., Ltd. for 1.457 billion yuan [4] - Shanghai Kaibao plans to opportunistically sell part of its stake in Shanghai Yizhong Pharmaceutical Co., Ltd., not exceeding 6.2011 million shares [4] - Weikang Pharmaceutical has received a notice of acceptance for the listing application of Vitamin K1 injection [4] - Jindi Co., Ltd. signed an industrial project investment contract with the People's Government of Chongqing Banan District to build a high-end equipment key component intelligent manufacturing project, with a total investment of no less than 1.5 billion yuan [4] - CanSino has received approval for clinical trials of its trivalent poliovirus vaccine (Sf-RVN cells) [4] - Heng'erda has established a strategic cooperation relationship with Tiangong International for joint research and development, manufacturing, industrial application, and joint external investment in areas such as powder metal materials and precision cutting tools [4] - Anker Innovation is currently conducting research and analysis on equity financing in the Hong Kong capital market [4] - Tianci Materials' wholly-owned subsidiary Jiujiang Tianci signed a procurement cooperation agreement with Chuangneng New Energy, with an expected supply of no less than 550,000 tons of electrolyte series products [5] Group 4: Performance Changes - Pinming Technology expects a net profit of 28 million to 34 million yuan for the first half of 2025, representing a year-on-year increase of 232% to 303%, with revenue from its building information software business increasing and its revenue proportion rising [6]

Group 1 - Postal Savings Bank plans to invest 10 billion yuan to establish China Post Financial Asset Investment Co., with a registered capital of 10 billion yuan, aiming to enhance comprehensive service capabilities and support technological innovation and private enterprises [1] - Tuo Xin Pharmaceutical intends to increase capital by 10 million yuan in Jiangsu Jin San Biotechnology Co., acquiring a 1.75% stake, with Jin San successfully producing high-purity ergothioneine for various products [2] - Anker Innovations is researching overseas share issuance to expand its global strategy and enhance brand influence, with no specific plan confirmed yet [3] Group 2 - Hoshine Silicon Industry's controlling shareholder plans to transfer 5.08% of shares to Xiao Xiugan for a total price of 2.634 billion yuan, with no change in control [4] - Zhuhai Guanyu has won a final ruling from the Supreme People's Court, dismissing the lawsuit from ATL, with 14 ATL patents declared invalid and no negative impact on the company's operations [5] - Lixing Co. has terminated the acquisition of Qingdao Feiyan Precision Steel Ball Manufacturing Co. due to failure to reach an agreement, with no adverse effects on its financial status [6] Group 3 - Pinming Technology expects a net profit of 28 million to 34 million yuan for the first half of the year, representing a year-on-year increase of 231.79% to 302.89% [7] - Tiande Yu's performance report anticipates a net profit of 152 million yuan for the first half, up 50.89% year-on-year [7] - Huahong Technology reports normal operations with no undisclosed significant matters [8]

Investment Rating - The report maintains a "Recommended" rating for the banking sector, indicating a positive outlook for the industry based on expected policy catalysts and improvements in asset quality [4]. Core Insights - The central urban work conference emphasizes urban renewal as a key strategy, which is expected to drive incremental credit and improve asset quality for banks. The focus is on optimizing urban structure, transforming economic dynamics, and enhancing quality [4]. - The report anticipates that the implementation of urban renewal policies will lead to increased financing needs, particularly through special bonds and loans, with an estimated potential for banks to generate an additional 100 to 200 billion yuan in credit from urban village renovations [4]. - The expected improvements in asset quality are linked to the restriction of high-rise buildings and the promotion of dilapidated housing renovations, which may alleviate cash flow pressures on real estate companies and reduce the depreciation of real estate collateral [4]. Summary by Sections Urban Renewal and Financing - The report highlights the importance of diverse financing methods for urban renewal, including central budget funds, long-term special bonds, local fiscal funds, and various types of loans [4]. - It notes that the current proportion of special bonds used as capital is around 10%, indicating significant room for growth [4]. Impact on Banking Sector - The report suggests that banks will benefit from increased participation in urban renewal projects, with both corporate and retail banking segments expected to see positive impacts [4]. - It mentions that the sample banks have shown signs of improvement in corporate real estate loans, with a year-on-year decrease in non-performing loan balances by 2.87% and a slight decline in the non-performing loan ratio [4]. Investment Recommendations - The report recommends specific banks, including Industrial and Commercial Bank of China, China Construction Bank, and Postal Savings Bank of China, among others, as potential investment opportunities due to their favorable positioning in the current market environment [4].

证券代码：601658 证券简称：邮储银行 公告编号：临 2025-042 中国邮政储蓄银行股份有限公司 关于投资设立金融资产投资公司的公告 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、本次投资概述 本行拟以自有资金出资人民币 100 亿元，作为投资主体根据《金 融资产投资公司管理办法（试行）》发起设立中邮金融资产投资有限 公司（暂定名，公司名称以有关监管机构、市场监督管理部门核准的 名称为准）。 本次投资资金来源为本行自有资金，不会对本行的财务状况或经 营成果产生重大影响。 本行董事会于 2025 年 7 月 16 日在北京以现场方式召开会议，会 议应出席董事 16 名，亲自出席董事 15 名，洪小源董事由于其他公务 安排，书面委托温铁军董事出席会议并代为行使表决权，部分监事及 高级管理人员列席会议。会议由郑国雨董事长主持召开，出席会议的 1 中国邮政储蓄银行股份有限公司（以下简称本行）拟出资人民 币 100 亿元发起设立中邮金融资产投资有限公司（暂定名，公 司名称以有关监管机 ...

邮储银行（601658）公告，拟出资人民币100亿元发起设立中邮金融资产投资有限公司(暂定名，公司名 称以有关监管机构、市场监督管理部门核准的名称为准，以下简称中邮投资)。本次投资经本行董事会 审议通过后，无需提交本行股东大会审议。本次投资尚需取得有关监管机构的批准。本次投资不属于本 行关联交易或重大资产重组事项。 ...

Core Viewpoint - Shenzhen banks have collectively issued statements targeting the misconduct of loan intermediaries, specifically addressing the actions of a consulting service agency named Xin Xin Hui Lin [1][5][17]. Group 1: Bank Responses - Nearly 20 banks in Shenzhen, including major institutions like Bank of China and Agricultural Bank of China, have released statements disavowing any partnership with the intermediary Xin Xin Hui Lin [1][5]. - The Bank of China emphasized that it does not charge intermediary fees or any related costs in its loan business [3]. - Postal Savings Bank of China highlighted that some intermediaries are using false advertisements to claim partnerships with banks, urging the public to be cautious of misleading loan offers [5][7]. Group 2: Intermediary Misconduct - Xin Xin Hui Lin has been accused of falsely advertising itself as a bridge between banks and communities, claiming to improve loan approval rates while charging various fees [7][9]. - The agency reportedly displayed logos of over 20 banks, misleading customers into believing it had strategic partnerships with these institutions [9][12]. - The actual control of Xin Xin Hui Lin is held by Gui Yaolin, who has registered multiple companies under the "Hui Lin" name, indicating a potential pattern of misconduct [12][14]. Group 3: Regulatory Response - The collective statements from banks were reportedly made in response to requests from Shenzhen's financial regulatory authorities, aiming to protect consumer rights and clarify the situation [5][7]. - The intermediary acknowledged its mistakes in using bank logos and stated it has undertaken corrective measures, asserting that it does not have any partnerships with financial institutions [17].

Group 1 - Multiple banks in Shenzhen have issued statements regarding a loan intermediary, Xin Xin Hui Lin (Shenzhen) Consulting Service Co., Ltd., which is accused of impersonating banks to attract customers [1][3] - The involved banks include major institutions such as China Construction Bank, Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others, totaling 19 banks that have released related statements [1] - Xin Xin Hui Lin claims to provide services for lowering interest rates and has been promoting itself as a "lower interest station," despite banks denying any partnership with the intermediary [3][4] Group 2 - Regulatory authorities have intervened in the investigation of the loan intermediary's practices, which included misleading advertisements claiming partnerships with various banks [2][4] - Recent regulatory actions have intensified scrutiny on loan assistance platforms, with the Ningxia local financial management bureau revoking the operating qualifications of seven loan intermediaries [4] - A notice was issued by regulatory bodies in April to strengthen the management of internet loan assistance services, set to take effect on October 1 [5]

Core Viewpoint - A significant number of listed banks in China are distributing cash dividends, with 37 out of 42 A-share listed banks having completed their annual dividend distributions by July 16, 2024, totaling 632.6 billion yuan, marking a 3.1% increase year-on-year [2][5][11]. Dividend Distribution - The total cash dividends distributed by 42 A-share listed banks for 2024 amount to 632.6 billion yuan, with Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) leading with 109.77 billion yuan and 100.75 billion yuan respectively [2][5][7]. - Notably, Zhengzhou Bank has the lowest total dividend of 18.2 million yuan, with a dividend rate of only 9.69%, the lowest among the listed banks [2][6][11]. Timing of Dividend Payments - Several banks, including SPDB and Ningbo Bank, have advanced their dividend payment dates, with SPDB distributing dividends on July 16 and Ningbo Bank distributing 5.943 billion yuan [3][4]. - Traditionally, annual dividends are distributed between June and July, but this year, four state-owned banks completed their distributions earlier, in April and May [4][5]. Year-on-Year Comparison - Among the 42 listed banks, only three banks saw a decline in their total dividend amounts compared to 2023: Zhejiang Commercial Bank, Minsheng Bank, and Ping An Bank, with declines of 4.88%, 11.11%, and 15.44% respectively [9][10]. - Conversely, 34 banks experienced an increase in their dividend amounts, with the highest growth seen in Zhengzhou Bank, which had no dividends in 2023 but distributed 18.2 million yuan in 2024 [9][10]. Future Dividend Plans - Many banks have outlined their cash dividend targets for 2025, with plans to distribute at least 30% of their net profits as cash dividends annually [12].