A key shareholder and strategic partner to SRFC, China Post Capital Management Company (CPCM) is a wholly owned subsidiary and a capital management platform of China Post Group Corporation (CPG). Established in April 2015, CPCM is committed to carrying out CPG’s two-pronged strategy to generate sustainable growth and development for CPG.

CPG is solely owned by the Ministry of Finance of the People’s Republic of China. CPG has two major business lines: postal and commercial banking.

CPG provides universal postal services in China. The postal business includes domestic and international mail delivery services, circulation of newspapers, journals and books, and stamp issuance. In 2016, CPG achieved RMB452.0 billion in revenue, ranking 105th among the Fortune Global 500 companies, and becoming the 2nd largest postal enterprise in the world.

CPG’s commercial banking business operates under the Postal Savings Bank of China (PSBC), which was established in 2007. PSBC has developed into a leading retail bank in China. It has the country’s largest distribution network of over 40,000 outlets and the largest retail customer base of over 500 million. As of the end of 2016, PSBC’s total assets reached RMB8.3 trillion. It is listed on the Hong Kong Stock Exchange.

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