Ge Long Hui·2025-12-30 11:41Core Viewpoint - Postal Savings Bank of China (PSBC) is set to absorb and merge with its wholly-owned subsidiary, Postal Huinong Bank, to optimize resource allocation and reduce management costs, with the approval from the National Financial Regulatory Administration [1] Group 1: Merger Details - The merger will be discussed at the second extraordinary general meeting of shareholders on October 9, 2025 [1] - The National Financial Regulatory Administration has approved the merger, allowing PSBC to take over the assets, liabilities, business, and employees of Postal Huinong Bank after asset verification [1] Group 2: Strategic Benefits - The merger aims to further optimize PSBC's management and business structure, consolidate digital transformation results, improve operational efficiency, and lower management costs [1] - The financial statements of Postal Huinong Bank have already been fully consolidated into PSBC's financial reports, indicating that the merger will not impact PSBC's financial status or operational results [1]