Deputy President of Postal Savings Bank Xu Xueming: The next step will focus on wealth management, shifting from "selling products" to "providing advisory services."

Beijing Business Daily reported (Reporter: Song Yitong) On March 30, Postal Savings Bank held its 2025 annual results briefing. Xu Xueming, deputy governor of Postal Savings Bank, said that looking ahead to 2026, non-interest income business growth still has multiple favorable factors. For example, external markets are gradually recovering, and policies such as expanding domestic demand, boosting consumption, and stabilizing the stock market provide a favorable external environment for the development of intermediary businesses.

Xu Xueming emphasized that the bank will focus on three areas next: first, adhere to AUM as the guiding principle, focusing on wealth management. Shift from “selling products” to “providing advisory services,” helping customers allocate their assets, thereby driving Postal Savings Bank’s transformation from a traditional savings bank into a wealth management bank. Second, focus on low-capital businesses and work to generate service-related revenue. Vigorously expand investment banking, custody, transaction banking, and corporate settlement businesses to achieve customer referral and boost fee income. Third, focus on trade flow and improve capital utilization capabilities. We must adhere to the principle of “staying ahead of market curves,” seize opportunities in different market waves, strengthen “directional trading, wave trading, and market-making trading,” and achieve profitability across multiple portfolios.