Ge Long Hui·2025-12-30 11:45Core Viewpoint - Postal Savings Bank of China (601658.SH) has announced the absorption merger with 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 bank will hold a special shareholders' meeting on October 9, 2025, to approve the merger proposal with Postal Huinong Bank [1] - The merger has been approved by the National Financial Regulatory Administration, allowing the bank to inherit the assets, liabilities, business, and employees of Postal Huinong Bank after asset verification [1] Group 2: Strategic Benefits - The merger aims to further optimize the bank's management and business structure, consolidate digital transformation results, improve operational efficiency, and lower management costs [1] - Postal Huinong Bank is a wholly-owned subsidiary, and its financial statements are already fully included in the bank's consolidated financial statements, indicating no impact on the bank's financial status and operating results [1] Group 3: Compliance and Execution - The bank will strictly follow the approval documents and relevant laws and regulations to handle the merger and will ensure the completion of the termination of the legal entity of Postal Huinong Bank [1]