The company was founded in November 1996 and is headquartered in Qingdao City, Shandong Province. Formerly known as Qingdao City Cooperative Bank and Qingdao Commercial Bank. After years of accumulation, the Bank has continued to improve in corporate governance, risk management and control, IT construction, etc., and has developed the development characteristics of “perfect governance, warm service, solid wind pipes, and excellent technology”. In December 2015, the Bank's H shares were listed on the Hong Kong Stock Exchange; in January 2019, the Bank's A shares were listed on the Shenzhen Stock Exchange. The Bank's business mainly includes corporate banking, retail banking, and financial markets. As of December 31, 2021, the Bank has set up 16 branches in Jinan, Dongying, Weihai, Zibo, Dezhou, Zaozhuang, Yantai, Binzhou, Weifang, the west coast of Qingdao, Laiwu, Linyi, Jining, Tai'an, Heze and Rizhao. The main business of the Bank and its subsidiaries (collectively, the “Group”) is to provide corporate and personal deposits, loans and advances, payment and settlement, financial market business, financial leasing business, financial management business and other business approved by supervisory authorities. Corporate Banking: This segment provides a variety of financial products and services to corporate clients, government agencies, and financial institutions. These products and services include corporate loans, deposit services, agency services, remittance and settlement services, etc. Retail Banking: This segment provides a variety of financial products and services to individual customers. These products and services include personal loans, deposit services, etc. Financial market business: This segment covers financial market business. Financial market business transactions include interbank loan transactions, repurchase transactions, debt instrument investments, and non-standardized debt investments in the interbank market. Corporate honors: In 2018, the company won many awards, and its social reputation improved markedly. In the “World Bank Top 1000” ranking, it ranked among the top 300 for the first time; once again won the “Top 500 Asian Brands” and “China's 500 Most Valuable Brands”; won the “Five Star Diamond Award”, the highest honor in the global service industry for three consecutive years; won the first prize of the “2018 Banking Information Technology Risk Management Research” from the China Banking Insurance Regulatory Commission, and its scientific research ability was recognized professionally. At the end of the reporting period, the Bank had 172 branches in 15 cities including Qingdao, Jinan, Dongying, Weihai, Zibo, Dezhou, Zaozhuang, Yantai, Binzhou, Weifang, Linyi, Jining, Tai'an, Heze, and Rizhao. In the Qingdao region, the Bank has 1 head office sales department, 1 branch and 99 branches.
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