Hengfeng Bank Co., Ltd. Shanghai Branch

Hengfeng Bank Co., Ltd. is one of the 12 national joint-stock commercial banks. Its predecessor was Yantai Housing Savings Bank, established in 1987 with the approval of the State Council and the People's Bank of China. In 2003, with the approval of the People's Bank of China, it was restructured into Hengfeng Bank Co., Ltd. By the end of 2018, Hengfeng Bank had 16 tier-one branches and 2 branches directly under the head office in Qingdao, Jinan, Nanjing, Hangzhou, Chengdu, Chongqing, Yantai, Fuzhou, Kunming, Xi'an, Ningbo, Beijing, Shanghai, Zhengzhou, Changsha, Wuhan and other places, with a total of 346 branches; it also initiated the establishment of 5 village and township banks. Hengfeng Bank originated in Shandong, the hometown of Confucius and Mencius. Over the years, it has adhered to the core values of "Perseverance ensures success, virtue brings abundance" and promoted the Hengfeng culture of "sincerity, compliance, diligence and thrift, dedication, execution, and enterprise". In the new period of development, Hengfeng Bank will, under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, earnestly implement the arrangements of the central, provincial and municipal governments, properly handle the relationships between "development and risk, speed and quality, compliance and innovation, efficiency and compensation, head office departments and branches", and pragmatically practice the concepts of "adhering to Party leadership, adhering to law and compliance, adhering to returning to the original source, adhering to the correct orientation in personnel selection, and adhering to strict governance of the bank", effectively advance measures such as "laying the foundation, building mechanisms, preventing risks, adjusting structure, reducing costs, and increasing efficiency", seize opportunities, meet challenges, reform and innovate, forge ahead with determination, and promote Hengfeng Bank to make steady progress and go far, achieving healthy and sustainable development. Hengfeng Bank Shanghai Branch officially opened in December 2015, and its various businesses have developed rapidly. It is currently preparing to establish the Bund Sub-branch. In response to business development needs, we sincerely invite financial elites to join us and create a better future together!