Daxin Group is a full-scale financial services group in Hong Kong, mainly providing banking, insurance, financial and other related services in Hong Kong, China, Macau, and mainland China. Daxing Group includes two listed companies, Dah Sing Financial Group Limited (“Dah Sing Finance”) and Dah Sing Bank Group Limited (“Dah Sing Bank Group”), which were listed on the Hong Kong Stock Exchange in 1987 and 2004 respectively, while Dah Sing Financial Group is the main shareholder of Dah Sing Bank Group. Dah Sing Financial is a holding company for the Group's life and general insurance business. It provides diversified life insurance and general insurance services in these two markets through Hong Kong's Daxin Life Insurance and Daxin Insurance (1976) and Macau Insurance and Macau Life Insurance in Macau. Dah Sing Bank Group owns three bank subsidiaries (Dah Sing Bank, Macau Commercial Bank and Dah Sing Bank (China) Limited), which provides banking and financial services and a stock exchange company through a branch network of around 70 branches distributed across Hong Kong, Macau and Mainland China. Dah Sing Bank Group's Vision and Mission: visions People-oriented local banks grow with customers in Hong Kong, Pearl River Delta and a wider range of regions mission Provide quality products and serve customers wholeheartedly Everyone works side by side to grow with employees Maintain stable returns and strive to add value to shareholders Daxin Bank, the main bank subsidiary of Daxin Bank Group, is a strategic shareholder of the Bank of Chongqing and holds 17% of its interests. Bank of Chongqing is a major urban commercial bank in Chongqing, the largest city in western China, and operates a branch network of over 100 branches. Moody's and Fitch International confirmed Dah Sing Bank's long-term credit ratings as “A3” and “BBB+” respectively.
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