On July 17, Postal Savings Bank Of China Co.,Ltd. (ASX: 601658), in collaboration with China Post Securities, China Post Insurance Asset Management, China Post Wealth Management, and China Post Investment, organized a forum in Wuhan, Hubei Province centered on the themes of technological leadership and financial empowerment.
The event aimed to leverage the integrated synergistic advantages across the postal-banking system, parent-subsidiary companies, and broader business ecosystem. This strategic approach was designed to precisely address the developmental needs of science and technology innovation enterprises, thereby supporting regional technological advancement and industrial upgrading.
The bank's Deputy President, Xu Xueming, attended the meeting and delivered opening remarks. Representatives from the Wuhan Municipal Financial Office, the Wuhan Municipal Science and Technology Innovation Bureau, and key local sci-tech innovation firms also participated.
Introducing a Comprehensive Service Model
During the forum, PSBC and its partner companies presented a holistic financial service model tailored to the entire lifecycle of sci-tech innovation enterprises. This model, described as "investment-loan linkage, equity-debt combination, and full-cycle companionship," offers a diversified service system.
It encompasses credit financing, bond underwriting, equity investment, insurance coverage, wealth management allocation, and IPO incubation services. By coordinating resources across banking, securities, insurance, wealth management, and investment sectors, the initiative seeks to elevate financial support from mere credit provision to a fully integrated "equity-debt-loan-insurance-sponsorship" service chain, meticulously aligning with the varied needs of growing tech firms.
Addressing Enterprise Needs
Attending companies shared insights based on their specific growth stages and financing requirements. Representatives from Postal Savings Bank Of China Co.,Ltd. and its affiliated firms responded to these inquiries on-site, clarifying subsequent service directions and collaboration pathways.
Enterprise delegates noted that the postal-financial integrated service model effectively broadens financing channels for innovation-driven companies, providing substantial support to accelerate their growth.
Future Commitments
Moving forward, Postal Savings Bank Of China Co.,Ltd. plans to further deepen and solidify its efforts in the technology finance sector by continuing to harness the synergistic strengths of the Postal Group's financial units.
The bank aims to channel comprehensive financial resources precisely to a greater number of science and technology innovation enterprises. This commitment is part of its contribution to fostering new quality productive forces and supporting the national strategy of building a technologically powerful nation.