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(hereinafter referred to as SDB or the Bank) is the first public-listed commercial bank (Stock Name: SDB A; Stock Code: 000001) in the People’s Republic of China. The Bank launched its initial public offering in May 1987 and was formally established on December 22 of the same year, headquartered in Shenzhen.Over 20-plus years of robust development and with increasingly enhanced comprehensive strength, SDB has become a national commercial bank with approx. 300 branches/outlets in 22 developed cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and Wuhan. It also has representative offices in Beijing and Hong Kong and a network of over 600 correspondent banks in a great number of countries and regions. In June 2010, Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) and its affiliated company became the largest shareholder of SDB through acquisition of SDB shares held by Newbridge Asia AIV III, L.P. as well as non-public off... [Details] |