PSBC (01658): Chen Xue's Appointment as Non-Executive Director Approved

Stock News2025-12-31

Postal Savings Bank of China (PSBC) (01658) has announced that the resolution to elect Ms. Chen Xue as a non-executive director of the bank was reviewed and passed at the bank's second extraordinary general meeting of 2025.

The bank recently received the "Approval from the National Financial Regulatory Administration on the Director Qualifications of Chen Xue for PSBC" (Approval No. Jin Fu [2025] 777), pursuant to which the National Financial Regulatory Administration has approved Ms. Chen Xue's qualification for the position.

According to relevant regulations, Ms. Chen Xue assumed the role of non-executive director of the bank effective December 29, 2025, for a term of three years.

Concurrently, Ms. Chen Xue will serve as a member of the Board's Risk Management Committee and a member of the Board's Nomination and Remuneration Committee.

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