Recently, Zhonglun W&D Law Firm has been successfully selected for Postal Services Bank of China’s legal counsel for its headquarters and intellectual property project, leveraging its deep professional expertise and extensive practical experience. The firm will provide strategic legal services to PSBC, which signifies Postal Services Bank of China’s recognition of the firm’s comprehensive strength and professional expertise.

The project is led by senior partner Zhengwang Yao at Zhonglun W&D Law Firm, who serves as the project leader, with core support from the firm’s legal team of Banking and Finance (covering credit business, trade finance, asset management, custody services, internet finance, financial regulatory compliance, payment and settlement, etc.). The effort was further bolstered by outstanding partners and lawyers, including Yuqin Xia, Jian Wu, Zhengming Li, Min Li, Jinhua Wei, Bingling Zhao, Lutang Chen, Lei Tian, and Shiwan Cui, who provided expertise in intellectual property, labor relations, corporate procurement, construction engineering, tax advisory, consumer rights protection, and criminal compliance. Moving forward, Zhonglun W&D Law Firm will continue to deliver high-quality, professional legal services to Postal Services Bank of China. 

Banking and finance is a traditional strength of Zhonglun W&D Law Firm, which has established long-term and stable collaboration with numerous domestic and international banks and financial institutions. Its banking clients include China Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Evergrowing Bank, China Merchants Bank, China CITIC Bank, China Everbright Bank, China Minsheng Bank, Ping An Bank, China Zheshang Bank, China Bohai Bank, Bank of Tianjin, and Tianjin Binhai Rural Commercial Bank. The selection of Zhonglun W&D Law Firm as a legal counsel for the headquarters of Postal Services Bank of China further demonstrates its outstanding capabilities and strong reputation in the banking and finance sector. 

Postal Services Bank of China (PSBC) is a leading large retail bank in China, steadfastly committed to serving the “agriculture, rural areas and farmers”, as well as the urban and rural residents, and small and medium-sized enterprises. Leveraging its unique “self-operated + agency” model and abundant resources, PSBC is dedicated to serving the most dynamic customer groups in China’s economic transformation. By the end of 2024, PSBC had nearly 40,000 branches, serving over 670 million individual customers while maintaining superior asset quality and growing market influence. The bank actively implements national strategies, continuously enhances the quality and efficiency of its services to the real economy, and strives to become a main force in rural revitalization, a benchmark in inclusive finance, a new leader in sci-tech finance, and a pioneer in green finance. PSBC has been improving its interconnected online and offline financial service system to provide customers with high-quality, convenient, and efficient comprehensive financial services. Adhering to a risk-oriented approach and a prudent risk appetite, the bank has established a comprehensive “all-round, whole-process, real-time, and wide-ranging” risk management system to strengthen its risk management capabilities. Upholding the business philosophy of “gaining market insight and taking the lead”, PSBC embraces innovation and transformation, attaching great significance to the capability building, refined management and high-quality development.