The company is a national joint-stock commercial bank established on August 28, 1992 with the approval of the People's Bank of China, opened on January 9, 1993, and listed on the Shanghai Stock Exchange in 1999 (stock exchange code: 600000). The head office is located in Shanghai. Currently, the registered capital is 29.352 billion yuan. Good performance and honest reputation have made SPD Bank a listed company that has received much attention and respect 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 of bill discounting; issuing financial bonds; issuing financial bonds; issuing, disbursing, and underwriting government bonds; buying and selling government bonds; interbank lending; providing letter of credit services and guarantees; agency collection and payment processing and insurance services; providing safe deposit services; foreign exchange loans; foreign exchange remittance; foreign currency exchange, etc. The company's honors include “Best Precise Poverty Alleviation Contribution Award”, “Best Social Responsibility Special Contribution Network Award”, and “Best Green Finance Award”. During the reporting period, the company established 34 new institutions, including 32 traditional branches, 2 community, small and micro branches, and 21 institutions terminated operations. By the end of the reporting period, the company had opened 42 first-level branches in 31 provinces, municipalities, autonomous regions, Hong Kong Special Administrative Region, Singapore, and London, with a total of 1,747 branches.
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