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].
国有大行再添一家AIC公司!时隔8年重启