Group 1 - From January 1, 2026, digital RMB real-name wallet balances will earn interest based on the current demand deposit rate set by the banks [1] - The current demand deposit rate is 0.05% as per the announcements from major banks [1] - Digital RMB wallets are categorized into four types, with only real-name wallets (Type 1, 2, and 3) eligible for interest, while anonymous wallets (Type 4) do not earn interest [1] Group 2 - There are currently 10 designated operating institutions for digital RMB, including six state-owned commercial banks, two joint-stock commercial banks, and two internet banks [2] - The People's Bank of China is working on expanding the number of operating institutions for digital RMB [2] - A new action plan has been issued by the central bank to enhance the management service system and financial infrastructure for digital RMB, set to be implemented on January 1, 2026 [2]

12月31日金融一线消息，邮储银行今日发布公告称，该行2025年第二次临时股东大会审议通过了选举陈 雪为该行非执行董事的议案。该行于近日收到《国家金融监督管理总局关于陈雪邮储银行董事任职资格 的批复》，国家金融监督管理总局已核准陈雪的任职资格。根据相关规定，陈雪自2025年12月29日起就 任邮储银行非执行董事，任期三年。同时，陈雪担任邮储银行董事会风险管理委员会委员、董事会提名 和薪酬委员会委员。 12月31日金融一线消息，邮储银行今日发布公告称，该行2025年第二次临时股东大会审议通过了选举陈 雪为该行非执行董事的议案。该行于近日收到《国家金融监督管理总局关于陈雪邮储银行董事任职资格 的批复》，国家金融监督管理总局已核准陈雪的任职资格。根据相关规定，陈雪自2025年12月29日起就 任邮储银行非执行董事，任期三年。同时，陈雪担任邮储银行董事会风险管理委员会委员、董事会提名 和薪酬委员会委员。 责任编辑：王馨茹 责任编辑：王馨茹 ...

邮储银行(01658)发布公告，该行2025年第二次临时股东大会审议通过了选举陈雪女士为该行非执行董 事的议案。该行于近日收到《国家金融监督管理总局关于陈雪邮储银行董事任职资格的批复》(金复 [2025]777号)，据此国家金融监督管理总局已核准陈雪女士的任职资格。根据相关规定，陈雪女士自 2025年12月29日起就任该行非执行董事，任期3年。同时，陈雪女士担任该行董事会风险管理委员会委 员、董事会提名和薪酬委员会委员。 ...

Core Insights - The trend of regional small and medium-sized banks ceasing the issuance of co-branded credit cards reflects a significant shift in the credit card industry from scale expansion to value-oriented operations [2][6] - The current credit card business has moved away from a high-growth phase, with banks focusing on channel consolidation, product standardization, intelligent risk control, and integration into consumer ecosystems [2][6] Group 1: Industry Trends - Multiple small and medium-sized banks have announced the suspension of co-branded credit card issuance, including major banks and regional banks, covering various sectors such as e-commerce, entertainment, and travel [2][4] - The cessation of co-branded credit cards indicates a broader industry transition towards refined operations and a focus on customer contribution and risk management capabilities [2][6] Group 2: Market Dynamics - The credit card market has entered a phase of stock competition, with limited new customer acquisition and high customer acquisition costs, leading to an imbalance in the cost-benefit ratio of co-branded cards [6][7] - As of the third quarter of 2025, the total number of credit cards and loan cards in China has decreased to 707 million, a drop of 100 million cards or 12% from the historical peak in June 2022 [7] Group 3: Strategic Adjustments - Banks are advised to focus on regional and customer characteristics to create differentiated products, shift towards refined operations for existing customers, and optimize cost structures through digital upgrades [7][6] - The need for banks to integrate financial services into everyday life scenarios is emphasized as a key factor for finding new growth opportunities in a competitive market [7]

Core Viewpoint - Several major banks in China, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank, announced that starting January 1, 2026, they will pay interest on the balances of digital RMB real-name wallets at the same rate as current deposit rates, with interest calculation rules consistent with those for current deposits [1] Group 1 - The announcement involves multiple major banks in China [1] - Digital RMB real-name wallets will earn interest starting from January 1, 2026 [1] - Interest will be calculated according to the current deposit rate [1]

格隆汇12月31日丨邮储银行(01658.HK)公告，中国邮政储蓄银行股份有限公司2025年第二次临时股东大 会审议通过了选举陈雪为本行非执行董事的议案。本行于近日收到《国家金融监督管理总局关于陈雪邮 储银行董事任职资格的批覆》(金覆[2025]777号)，据此国家金融监督管理总局已核准陈雪的任职资格。 根据相关规定，陈雪自2025年12月29日起就任本行非执行董事，任期三年。同时，陈雪担任本行董事会 风险管理委员会委员、董事会提名和薪酬委员会委员。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 POSTAL SAVINGS BANK OF CHINA CO., LTD. 1658 董事會名單與其角色和職能 中國郵政儲蓄銀行股份有限公司董事會（「董事會」）成員載列如下。 董事長 鄭國雨（非執行董事） 執行董事 姚 紅 非執行董事 劉新安 張宣波 劉瑞鋼 陳 雪 胡宇霆 丁向明 余明雄 獨立非執行董事 溫鐵軍 鍾瑞明 潘英麗 唐志宏 洪小源 楊 勇 1 董事會設立6個專門委員會。下表提供各董事會成員在這些委員會中所擔任的 職位。 | | 委員會 | | | | | | 社會責任與 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 戰略規劃 | 關聯交易 | | 風險管理 | 提名和 | 消費者權益 | | 董事 | | 委員會 | 控制委員會 | 審計委員會 | 委員會 | 薪酬委員會 | 保護委員會 | | 鄭國雨 | | C | ...

董事會對陳雪女士的加入表示誠摯的歡迎。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 POSTAL SAVINGS BANK OF CHINA CO., LTD. 1658 關於董事任職資格獲國家金融監督管理總局核准的公告 中國郵政儲蓄銀行股份有限公司（「本行」）2025年第二次臨時股東大會審議通 過了選舉陳雪女士為本行非執行董事的議案。本行於近日收到《國家金融監督 管理總局關於陳雪郵儲銀行董事任職資格的批覆》（金覆[2025]777號），據此國 家金融監督管理總局已核准陳雪女士的任職資格。根據相關規定，陳雪女士自 2025年12月29日起就任本行非執行董事，任期三年。同時，陳雪女士擔任本 行董事會風險管理委員會委員、董事會提名和薪酬委員會委員。 有關陳雪女士的履歷及委任相關信息，請參見本行2025年第二次臨時股東大 會通函。截至本公告之日，該等信息並無任何變動。 承董事會命 中國郵政儲蓄銀行股份有限公司 杜春野 聯席公司秘書 中國，北京 2025 ...

Core Viewpoint - The resignation of Lu Wei as the president of CITIC Bank after less than a year in office highlights the bank's ongoing operational challenges, including declining revenues and pressure on net interest margins [1][2][3]. Group 1: Leadership Changes - Lu Wei resigned from his positions at CITIC Bank, including executive director and president, due to work adjustments, and was appointed as the president of Postal Savings Bank [1][2]. - Lu Wei had a 26-year career at CITIC Bank, having held various key positions before becoming president in April 2025, with his term originally set to end in April 2028 [1][2][3]. - Chairman Fang Heying will temporarily assume the role of president, bringing extensive experience from his previous leadership roles within CITIC Bank [7][28]. Group 2: Financial Performance - For the first three quarters of 2025, CITIC Bank reported operating income of CNY 156.6 billion, a decrease of 3.46% year-on-year, while net profit attributable to shareholders increased by 3.02% to CNY 53.4 billion [11][32]. - The bank's operating expenses fell to CNY 91.2 billion, down 8.57% year-on-year, indicating effective cost control measures [23][32]. - Credit impairment losses decreased by 12.91% to CNY 44.7 billion, contributing to a rise in operating profit despite declining revenues [12][33]. Group 3: Business Challenges - CITIC Bank faces multiple challenges, including pressure on net interest margins, declining non-interest income, and difficulties in retail banking [2][12][35]. - The bank's net interest income fell by 2.06% to CNY 107.7 billion, with a net interest margin of 1.63%, the largest decline among nine A-share listed banks [12][35]. - Non-interest income decreased by 6.4% to CNY 48.9 billion, with a significant drop in investment income and fair value changes [35][40]. Group 4: Retail Banking Issues - CITIC Bank's retail banking transformation has faced setbacks, with retail banking income stagnating and pre-tax profits declining significantly from 2021 to 2024 [38][39]. - The bank's credit card business has seen a reduction in loan balances and transaction volumes, leading to a 5.91% decline in credit card income for 2024 [19][40]. - Complaints regarding credit card practices, including high fees and aggressive collection methods, have increased, indicating potential reputational risks [19][40].

Group 1 - The six major state-owned banks in China will start paying interest on the balances of real-name digital RMB wallets at the same rate as demand deposits from January 1, 2026, marking a significant shift in the digital currency landscape [1][2] - The People's Bank of China has introduced a new action plan to enhance the management and service system for digital RMB, which will officially launch on January 1, 2026, transitioning digital RMB from a "digital cash era" to a "digital deposit currency era" [1][4] - The definition of digital RMB has been updated to include the payment system and clarify the dual-layer operational structure, where the central bank issues digital RMB to operating institutions, which then exchange it with the public [3][4] Group 2 - The new digital RMB will have characteristics of commercial bank liabilities, transitioning from being a direct liability of the central bank to a liability of commercial banks, thus allowing wallet balances to earn interest and be covered by deposit insurance [4][5] - The action plan optimizes the dual-layer operational structure, assigning responsibilities to the central bank for rule-making and infrastructure, while commercial banks will manage customer wallets and ensure compliance, thus transforming their role from cost centers to profit centers [5][6] - The action plan integrates digital RMB into the traditional monetary control system, allowing bank-operated digital RMB to be included in the reserve requirement framework, which will enhance liquidity in the banking system [6][7] Group 3 - As of November 2025, the digital RMB pilot has processed 3.48 billion transactions with a total value exceeding 16.7 trillion yuan, indicating strong adoption and usage [7]