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Postal Savings Bank announces interim dividend, equity offering updates

September 1, 2025 at 07:22 AM UTCBy FilingReader AI

Postal Savings Bank of China announced an interim cash dividend of RMB 1.230 per 10 ordinary shares (tax inclusive) for 2025. This distribution, totaling approximately RMB 14.72 bn (tax inclusive), is pending approval at the second extraordinary general meeting in 2025. The board and supervisory board both approved this interim distribution plan on August 29, 2025.

The bank's 2025 interim financial report shows a net profit attributable to bank shareholders of RMB 49.228 bn as of June 30, 2025. This follows the completion of an A-share equity offering in June 2025, where 20,933,977,454 ordinary A-shares were issued at RMB 6.21 per share. The offering raised a net amount of RMB 129,961,940,637.58, which has been fully used to supplement the core tier-one capital.

Additionally, the bank’s board resolved to propose establishing a financial asset investment company with RMB 100 bn of its own capital, pending regulatory approval. This was approved on July 16, 2025. Other proposals, including revisions to the articles of association, will also be submitted for shareholder approval.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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