Some city commercial banks hope to obtain an AIC license, but have not yet been approved for release.

In March of this year, the financial asset investment company under Postal Savings Bank of China was approved to open, expanding the number of bank-owned AICs to 9. Recently, during interviews, reporters learned that several local city commercial banks have actively communicated with relevant departments regarding the establishment of AICs, but there has been no substantial progress. Informed sources from listed banks stated that local governments are enthusiastic about their subordinate bank institutions opening AICs, but after communication with relevant departments, it has been decided that the expansion of AICs will be targeted at state-owned banks and joint-stock banks for the time being. It may be necessary to observe the operation of AICs in joint-stock banks before deciding whether to include city commercial banks.