The company's history dates back to 1954 and is responsible for managing and allocating government funds allocated to construction projects and infrastructure-related projects in accordance with the national economic plan. In 1994, with the establishment of the China Development Bank, it undertook the policy loan function of the People's Construction Bank of China and gradually became a comprehensive commercial bank. Established in the People's Republic of China on September 17, 2004. In October 2005 and September 2007, the Bank was listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. The main business segments include corporate finance business, personal finance business, capital asset management business, and other businesses including overseas business. Corporate honors: 2nd in the 2019 World Bank 1000, 31st in the 2019 World 500, 3rd in the 2019 Top 50 Best Chinese Brands, China Comprehensive Risk Management Achievement Award, etc. It has won many honors in the “China Securities Journal”, “Shanghai Securities Journal” and “Securities Times”. To promote the construction of model risk IT systems, the self-developed enterprise-level model management platform has won many honors. At the end of June, the Group had a total of 14,836 business establishments. The Bank has 14,253 business institutions, including 14,219 domestic institutions, including the head office, 2 branch-level franchised agencies, 37 first-level branches, 362 second-level branches, 13,794 branches and 23 branches below, and 34 overseas institutions. The Bank has 24 major subsidiaries (including 17 integrated management subsidiaries and 7 overseas subsidiary banks), with a total of 583 institutions, including 451 domestic institutions and 132 overseas institutions.
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