On December 16, Postal Savings Bank Of China Co.,Ltd. (PSBC) announced that its second interim shareholders' meeting in 2025, held on October 9, 2025, approved the "Proposal on Amending the Articles of Association of Postal Savings Bank Of China Co.,Ltd." and the "Proposal on Abolishing the Board of Supervisors of Postal Savings Bank Of China Co.,Ltd." The bank recently received approval from the National Financial Regulatory Administration (Notice No. Jin Fu [2025] 713) regarding the amendments to its articles of association.

PSBC stated that, effective from the approval date of the amended articles of association, the bank will no longer maintain a Board of Supervisors. The Audit Committee of the Board of Directors will assume the supervisory functions previously held by the Board of Supervisors. Current supervisors Bai Jianjun, Chen Shimin, Li Yue, and Gu Nannan will no longer serve in their respective roles.

The bank expressed gratitude, noting: "During their tenure, the supervisors demonstrated diligence and dedication, providing valuable insights on corporate governance, operational management, risk control, and financial oversight. Their contributions have been instrumental in driving the bank's high-quality development. PSBC extends sincere appreciation to all departing supervisors."