About Zhejiang Shaoxing RuiFeng Rural Commercial Bank Company

The company is headquartered in Shaoxing City, Zhejiang Province, and is one of the first restructured agricultural commercial banks in Zhejiang Province. Formerly known as the Shaoxing County Credit Union, it was included in the national rural financial system reform pilot in 1987, and the Shaoxing County Credit Union was established after being decoupled from the Agricultural Bank. In 2005, it was restructured as the Zhejiang Shaoxing County Rural Cooperative Bank, and in 2011 it was restructured again as an agricultural commercial bank. The Bank's business system is mainly divided into three segments: retail finance sector, industrial finance sector, and financial market sector. The retail finance sector mainly includes savings and deposits; wealth services such as investment and financial management, consignment funds, consignment of precious metals, and consignment insurance; bank card services such as credit cards and citizen cards; e-banking businesses such as mobile banking, personal online banking, and bill collection and settlement; and inclusive finance businesses such as personal business loans, consumer finance, and rural community financial services. The industrial finance sector mainly includes corporate finance business, small and micro finance business, bill business, international finance business, etc. The financial market sector mainly includes capital business, bond business, foreign exchange business, derivatives business, financial management business, etc. Corporate honors: The Bank's sales department won the title of “2022 Top 100 Demonstration Units for Civilized and Standardized Service for Banking Business Outlets”, etc. As of the end of the reporting period, the Bank had a total of 108 branches, 89 in Keqiao District, Shaoxing City, 16 in Yuecheng District, Shaoxing City, and 3 in Yiwu City. Furthermore, the Bank initiated the establishment of Shengzhou Ruifeng Village Bank in Shengzhou City, Zhejiang Province. By the end of the reporting period, Shengzhou Ruifeng Village Bank had 8 branches and 118 employees.