Core Viewpoint - Postal Savings Bank of China (PSBC) reported a stable mid-year performance with total assets reaching 18.19 trillion yuan, a 6.47% increase year-on-year, and net profit of 49.415 billion yuan, up 1.08% [2][3] Financial Performance - As of June 2025, PSBC's total liabilities were 17.05 trillion yuan, reflecting a 6.21% growth from the previous year [2] - The bank's operating income for the first half of 2025 was 179.446 billion yuan, marking a 1.50% increase year-on-year [3] - Net interest margin stood at 1.70%, with net interest income of 139.058 billion yuan [3][9] Revenue Structure Optimization - Non-interest income showed significant growth, with intermediary business income rising by 11.59% to 16.918 billion yuan and other non-interest income increasing by 25.16% to 23.470 billion yuan [3][4] - The contribution of non-interest income to total revenue improved, with intermediary and other non-interest income accounting for a larger share of the total [4] Company Financial Strategy - PSBC is actively applying for a Financial Asset Investment Company (AIC) to enhance its corporate finance capabilities [5][8] - The bank's corporate finance strategy focuses on an integrated approach, emphasizing customer-centric services and a collaborative operational model [5][6] Efficiency and Differentiation - The bank aims to break down internal barriers to improve service efficiency and responsiveness to customer needs [6] - PSBC is targeting specific market segments aligned with national policy directions, focusing on innovative financial solutions for corporate clients [6][7] Future Outlook - The bank plans to integrate the AIC into its overall service matrix, aiming to create a platform for innovative investment and financing solutions [8] - PSBC maintains confidence in sustaining a strong net interest margin despite industry pressures, supported by effective management strategies [9][10]