Postal Savings Bank of China: Controlling shareholder increases stake

Postal Savings Bank of China (HKEX: 1658) announced that its controlling shareholder, China Post Group, has increased its stake in the bank by 19,910,200 A shares, representing 0.02% of the total issued ordinary shares. The transaction, executed on April 8, 2025, was conducted through the Shanghai Stock Exchange via centralized bidding. Prior to the increase, China Post Group held 62,255,549,280 shares, accounting for 62.78% of the bank's total issued ordinary shares (including 62,174,849,280 A shares and 80,700,000 H shares). Following the transaction, China Post Group’s holdings rose to 62,275,459,480 shares or 62.80% (comprising 62,194,759,480 A shares and 80,700,000 H shares). China Post Group intends to continue increasing its shareholding in Postal Savings Bank of China's A shares within the next 12 months using centralized bidding and other legal methods. The Group cites confidence in China's capital market and the Bank's long-term investment value as reasons for the increased investment.