Xin Lang Cai Jing·2025-09-23 15:03Group 1 - Postal Savings Bank announced the absorption and merger of its wholly-owned subsidiary, Postal Savings Bank of China Huinong Bank Co., Ltd., to optimize management and business structure, integrate resources, and reduce operational costs [1] - The independent legal status of Huinong Bank will be legally canceled, and all its business, assets, debts, and other rights and obligations will be inherited by Postal Savings Bank [1] - The merger has been approved by the board of directors and awaits approval from the shareholders' meeting and the National Financial Regulatory Administration [1] Group 2 - The merger is part of Postal Savings Bank's strategy to enhance its digital transformation and financial technology investments [1] - The integration aims to leverage Huinong Bank's operational experience and resources, particularly in online business [1] - The merger is expected to inject new momentum into Postal Savings Bank's future development, effectively reduce management costs, and improve overall operational efficiency [1] Group 3 - On September 23, Postal Savings Bank's stock closed at 6.05 yuan per share, with an increase of 1.51%, and a trading volume of 929 million yuan, resulting in a total market capitalization of 706.136 billion yuan [2] - Despite a 3.04% decline in the stock over the past seven trading days, the merger announcement may shift market expectations and investor sentiment [2] - The market is likely to focus on the synergistic effects of the merger and its potential to enhance Postal Savings Bank's long-term competitiveness [2]