About Shanghai Pudong Development Bank Company

The company is a national joint-stock commercial bank approved by the People's Bank of China on August 28, 1992, opened on January 9, 1993, and listed on the Shanghai Stock Exchange in 1999. With its good performance and reputation of integrity, the company has become a highly regarded and respected listed company in the Chinese securities market. The company's main business mainly includes: absorbing public deposits; issuing short-, medium- and long-term loans; processing settlement; processing bill discounting; issuing financial bonds; issuing financial bonds; issuing financial bonds; proxy issuance, payment, and underwriting of government bonds; interbank lending; providing letter of credit services and guarantees; proxy payment and insurance services; provision of safe deposit box services; foreign exchange deposits; foreign exchange loans; foreign exchange; international settlement; interbank foreign exchange; acceptance and discount of foreign exchange notes; foreign exchange loans; foreign exchange guarantees, foreign exchange sales; trading and brokering of foreign currency securities other than stocks; Proprietary foreign exchange trading; valet foreign exchange trading; bank card business; credit investigation, consulting, and witness business; offshore banking business; securities investment fund custodian business; public securities investment fund sales; other approved business. The company's honors include the Shanghai Municipal People's Government's “2021-2022 Shanghai Financial Innovation Award” nomination award, the most popular digital project scenario of the Shanghai Municipal Assets Administration Commission in 2023, the most popular management agency for enterprise annuity fund information reporting and information disclosure work, the 2023 Uchai Bank Most Residential Sub-Operation Award, a “leader” in personal online banking service standards, outstanding contributor to financial network security situation awareness platform intelligence support, flagship level of AI R&D and operation integration (MLOps) service capability, IDC China Financial Industry Technology Application Scenario Innovation Award, Excellent Fintech Application Scenario in Shanghai in 2023, Outstanding Case of Inclusive Finance in 2023, Excellent Case of China Net Financial Inclusive Finance in the Decade, 2023 Best Science and Technology Innovation Financial Service Bank, Advanced Green Bank Evaluation Unit, etc. During the reporting period, the company established 16 new traditional branches and abolished 1 traditional branch and 7 community banks. By the end of the reporting period, the company had opened 42 first-level branches in 31 provinces, autonomous regions and municipalities, as well as Hong Kong, Singapore and London, with a total of 1,750 branches.