Postal Savings Bank of China (01658) nominated Luwei as a candidate for executive director.
Postal Savings Bank (01658) announced that its board of directors held a meeting on December 26, 2025, and reviewed and approved the proposal to nominate Mr. Luwei as a candidate for executive director of the bank. The proposal to elect Mr. Luwei as an executive director of the bank will be submitted to the shareholders' meeting for approval. Mr. Luwei's qualifications for directorship are subject to approval by the China Banking and Insurance Regulatory Commission. His term as director is 3 years, starting from the date of approval by the China Banking and Insurance Regulatory Commission.
The Postal Savings Bank of China (01658) announced that the board of directors held a meeting on December 26, 2025, to review and approve the nomination of Mr. Lu Wei as a candidate for executive director of the bank. The proposal to elect Mr. Lu Wei as an executive director of the bank will be submitted to the shareholders' meeting for approval. Mr. Lu Wei's qualifications for the directorship are subject to approval by the China Banking and Insurance Regulatory Commission, and his term of office will be 3 years, starting from the date of approval by the China Banking and Insurance Regulatory Commission.
On the same day, the board of directors also reviewed and approved the appointment of Mr. Lu Wei as the bank's president. His qualifications for the presidency are subject to approval by the China Banking and Insurance Regulatory Commission, and his term of office will take effect from the date of approval by the China Banking and Insurance Regulatory Commission. As of the date of Mr. Lu Wei's appointment, Ms. Yao Hong will no longer act as the bank's president.
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