China Postal Savings Bank Co., Ltd. (PSBC) announced its interim performance for 2024 on August 30, 2024. The report has been reviewed by the board of directors' audit committee and complies with the listing rules of the Hong Kong Exchanges and Clearing Limited (HKEX). PSBC announced that in the unaudited interim performance for the six months ended on June 30, 2024, a cash dividend of RMB 2.610 per 10 shares will be distributed to all ordinary shareholders registered after the market closed on July 10, 2024, totaling approximately RMB 25.881 billion. The interim dividend for 2024 shall not exceed 30% of the net profit attributable to bank shareholders in the consolidated interim financial statements. During the reporting period, there were no instances of non-operational fund occupation by controlling shareholders or related...Show More

China Postal Savings Bank Co., Ltd. (PSBC) announced its interim performance for 2024 on August 30, 2024. The report has been reviewed by the board of directors' audit committee and complies with the listing rules of the Hong Kong Exchanges and Clearing Limited (HKEX). PSBC announced that in the unaudited interim performance for the six months ended on June 30, 2024, a cash dividend of RMB 2.610 per 10 shares will be distributed to all ordinary shareholders registered after the market closed on July 10, 2024, totaling approximately RMB 25.881 billion. The interim dividend for 2024 shall not exceed 30% of the net profit attributable to bank shareholders in the consolidated interim financial statements. During the reporting period, there were no instances of non-operational fund occupation by controlling shareholders or related parties, and no significant breaches of decision-making procedures. The interim financial report has been audited by Deloitte Touche Tohmatsu and reviewed by Deloitte China. The board members, including both executive and non-executive members, have approved the interim report, summary, and performance announcement. The forward-looking statements in the report are based on current plans, estimates, and forecasts, and do not constitute substantial commitments to investors. No significant risks that may have an adverse impact on the bank's future development strategies and business objectives were identified during the reporting period. The report is available in both Chinese and English versions, and in case of any discrepancies, the Chinese text shall prevail. Additional background information shows that as of June 30, 2024, PSBC's total assets increased by 4.37% to RMB 16.41 trillion, customer loans increased by 6.26% to RMB 8.66 trillion, and customer deposits increased by 6.51% to RMB 14.87 trillion. The non-performing loan ratio was maintained at a stable level of 0.84%, and the capital adequacy ratio increased by 0.08 percentage point. The net profit decreased by 1.52% to RMB 48.885 billion. The bank is focusing on green finance, with the balance of green loans reaching RMB 6.93 trillion, an increase of 8.66% compared to the previous year. PSBC continues to strengthen its digital transformation, invest heavily in financial technology, and launch a new generation of core enterprise business systems.