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Selected as a bank for cross-provincial fund settlement across the country

The bank selected for national etc inter-provincial fund settlement is the Postal Savings Bank of China.

Postal Savings Bank of China was established on March 6, 2007. Its controlling shareholder is China Post Group Corporation and its headquarters is located in Xicheng District, Beijing.

Postal Savings Bank of China is a large commercial bank whose main businesses include personal banking, corporate banking and treasury services.

Postal Savings Bank of China's personal banking business provides individual customers with local and foreign currency deposits, loans, bank cards, as well as local and foreign currency settlement, collection and payment agency, funds, fund management plans, treasury bonds and precious metal sales and other intermediary business products and services.

Postal Savings Bank of China was listed on the Shanghai Stock Exchange on December 10, 2019. The lead underwriter is China International Capital Corporation, and the listing sponsor is China International Capital Corporation. The stock code is 601658.

Postal Savings Bank of China, formerly known as Postal Savings Bank of China Co., Ltd., was funded and established by China Post Group to provide corporate customers with deposits, loans, bill discounts, as well as intermediary business products such as settlement, bill management, cash management, investment banking and wealth management.

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Postal Savings Bank of China has won honors such as "the title of core trader in the inter-bank local currency market in 2018" and "the top 500 listed companies in market capitalization in 2019".