Nan Fang Du Shi Bao·2025-07-17 03:55Core Viewpoint - Postal Savings Bank of China plans to establish a financial asset investment company with a capital of RMB 10 billion, responding to national calls and supporting the construction of a technology-driven economy [2][6]. Group 1: Company Initiatives - The establishment of the investment company, named China Post Investment, will be managed as a wholly-owned first-level subsidiary of Postal Savings Bank [2][6]. - This investment is part of a broader trend where financial asset investment companies (AICs) are expanding, with three other banks receiving approval to establish AICs in 2025 [2][5]. Group 2: Industry Context - AICs are an innovative product of China's financial system reform, with five existing AICs established by major state-owned banks since 2017, primarily to manage non-performing assets [4]. - Recent regulatory changes have expanded the scope for AICs, allowing more national commercial banks to establish their own AICs and increasing investment in strategic emerging industries and infrastructure [5][6].