On December 30th, Postal Savings Bank of China (PSBC) announced that the extraordinary general meeting of shareholders held on October 9, 2025, has approved the proposal for the absorption and merger of Youhui Wanjia Bank. Recently, the company received official approval from the National Financial Regulatory Administration, sanctioning the merger and the transfer of all assets, liabilities, business operations, and employees following the asset and liability verification process.

PSBC stated that this absorption and merger is intended to optimize the management and business structure, enhance operational efficiency, and reduce administrative costs. As Youhui Wanjia Bank is a wholly-owned subsidiary, its financial statements have already been fully consolidated into the company's financial reports. Consequently, this merger is not expected to have any impact on the company's financial condition or operational results.