The Board of Directors of Postal Savings Bank of China Co., Ltd. (the Bank) received a letter of resignation from Mr. Liu Jianjun. Mr. Liu Jianjun resigned from the positions as Executive Director, chairman and member of the Social Responsibility and Consumer Rights Protection Committee of the Board, member of the Strategic Planning Committee of the Board, and member of the Nomination and Remuneration Committee of the Board of the Bank as he reached the statutory retirement age. The resignation of Mr. Liu Jianjun shall come into effect from December 26, 2025.
Mr. Liu Jianjun has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that need to be brought to the attention of the Bank's shareholders and creditors. He has completed the work handover in accordance with relevant requirements. The resignation of Mr. Liu Jianjun will not result in the number of Board members falling below the statutory quorum.
Mr. Liu Jianjun joined the Bank in 2021. During his tenure of office, he has followed the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, earnestly implemented the national strategies and regulatory policy requirements, strictly enforced all the decisions and plans into all aspects and the entire process of operation and development, and fully promoted the Bank to develop the "five priorities" of the financial sector, achieving balanced development among quality, scale and efficiency. He has led the Bank to continuously create differentiated competitive advantages and unique value by comprehensively forging "major capabilities in six aspects" and actively building differentiated growth poles.
He has taken the lead in advancing intensive operations and the reform of the dumbbell-shaped organization, and promoted the Bank to make significant headway in capacity building, innovation and reform, and standardized management, with continuous enhancement of the innovation awareness and capabilities of all employees. During his tenure of office, Mr. Liu Jianjun has performed his duties with dedication and diligence, undertook major tasks courageously, and forged ahead with determination. He has unswervingly focused on "enhancing capabilities, fostering innovation, and strengthening management" with a strong sense of career dedication and responsibility, led the Bank to persistently do "difficult yet right things", and firmly adhered to the path of long-termism, making exceptional contributions to continuously building the Bank into a "trustworthy and reliable bank".
The Board of the Bank would like to express its sincere gratitude to Mr. Liu Jianjun. Prior to the formal assumption of duties by the newly appointed President and the newly appointed chairperson of the Social Responsibility and Consumer Rights Protection Committee of the Board, the Board of the Bank has designated Ms. Yao Hong (Executive Director, Vice President and Chief Risk Officer) to perform the duties on behalf of the chairperson of the Social Responsibility and Consumer Rights Protection Committee of the Board.
