The company was founded in 1908 and is one of the oldest banks in China and one of the banknotes issuing banks in modern China. On April 1, 1987, the restructured Bank of Communications officially opened to the public, becoming the first national state-owned joint-stock commercial bank in China. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and listed on the Shanghai Stock Exchange in May 2007. It is mainly engaged in corporate finance business, personal finance business, interbank and financial market business, financial leasing business, fund business, financial management business, trust business, insurance business, overseas securities business, debt-for-share business and other related financial services. Corporate honors: In the “2016 Global Top 500 Companies” list published by the US “Fortune” magazine. The company has successively won the Financial Times's “Best Financial Leasing Company of the Year”, “2022 Forbes Financial Leasing Industry Leading Industry Award”, Shanghai Banking Association's “Shanghai Interbank Outstanding Contribution Organization”, 9th place in the 2023 Global Bank 1000, the “2024 Jinnuo Financial Brand Annual Innovation Case Award”, the first prize of the Shanghai Financial Innovation Award, the first prize of the Fintech Development Award, the Best Personal Mobile Banking Award, the Best Corporate Online Banking Award, the Best Corporate Online Banking Award, Data Governance Best Practice Award, China's Best Pension Custody Bank, 2023 ESG Honors such as best practice cases. At the end of the reporting period, the Group had 23 overseas branches (sub-) banks and representative offices in Hong Kong, New York, London, Singapore, Tokyo, Frankfurt, Luxembourg, Sydney, etc., to provide customers with comprehensive financial services such as deposits, loans, international settlement, trade finance, foreign exchange, etc.; established an overseas banking service network with 1,045 bank headquarters in 131 countries and regions around the world, and opened 201 cross-border RMB accounts for 93 overseas RMB participating banks in 29 countries and regions; opened 29 currencies in 66 banks in 32 countries and regions, with a total of 113 foreign currency clearing services account.