601939 China Construction Bank Corporation

The company's history dates back to 1954. When it was founded, it was named the People's Construction Bank of China, which is responsible for managing and allocating government funds for construction projects and infrastructure-related projects in accordance with national economic plans. In 1994, with the establishment of the China Development Bank and taking on the policy loan function of the People's Construction Bank of China, the People's Construction Bank of China gradually became a comprehensive commercial bank. In 1996, the People's Construction Bank of China changed its name to China Construction Bank. On September 17, 2004, the Bank was established in the People's Republic of China by its predecessor, China Construction Bank, through a separation procedure. In October 2005 and September 2007, the Bank was listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, with stock codes 939 and 601939 respectively. The company's main business is in the banking industry and related financial services. Corporate honors: ranked 2nd in the World Bank's Top 1000 in 2019, 31st in the World 500 in 2019, 3rd in the Top 50 Best Chinese Brands in 2019, China Comprehensive Risk Management Achievement Award, etc. As of the end of June 2022, the Bank had a total of 14,461 operating institutions, including 14,427 domestic institutions, including the head office, 37 first-level branches, 363 second-level branches, 13,938 branches, outlets below 87 branches, 1 specialized head office credit card center, and 34 overseas institutions. The Bank has 19 subsidiaries, with a total of 596 institutions, including 440 domestic institutions and 156 overseas institutions.