Eight months after being approved for construction, the Beijing Financial Supervisory Authority approved the opening of the Guangfa Bank Asset Custody Center on October 16. As a result, the asset custodian center also became the first licensed agency to be approved and opened for independent exclusive escrow business after the implementation of the “Measures for the Supervision and Administration of Commercial Bank Custody Business” on February 1 this year. According to the reporter's understanding, Guangfa Bank previously established the Asset Custody Department as a first-level department. The bank positioned the escrow business as an important business segment earlier, and made full use of shareholder China Life Insurance resources to continue to invest in system construction and collaborative hosting. The reporter reviewed the bank's 2025 annual report. Some wording revealed the bank's custodian business performance: By the end of 2025, Guangfa Bank's asset escrow and operation outsourcing business had reached 4.33 trillion yuan. In 2025, the bank's public and private equity fund escrow scale exceeded trillion yuan, achieving escrow business fee revenue of 586 million yuan.

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