Is China Merchants Bank a state-owned bank?

No, China Merchants Bank is a joint-stock commercial bank wholly owned by an enterprise as a legal person and the fifth largest bank in China. Since it was first selected into the Fortune Global 500 in 20 12, it has been ranked among the Fortune Global 500 for seven consecutive years, and ranked 2 13 in 20 18. China Merchants Bank is headquartered in Futian District, Shenzhen. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange.

On September 8, 2006, China Merchants Bank began its public offering in Hong Kong, issuing about 2.2 billion H shares and raising HK$ 20 billion. It was listed on the Hong Kong Stock Exchange on September 22. The net capital exceeds 290 billion, and the total assets exceed 4.4 trillion. By the first half of 20 17, China Merchants Bank had more than 1800 branches at home and abroad, and set up service outlets in more than 130 cities in Chinese mainland.

Expand the data company structure:

1, Shareholders and Shareholders' Meeting: The actual controller of China Merchants Bank is China Merchants Group, the largest shareholder is China Merchants Steamship Co., Ltd., holding 13.04%, and China Merchants Group Co., Ltd., a subsidiary of China Merchants Steamship Co., Ltd., holds 30.06%.

2. Directors and Board of Directors: There are six special committees, including the Strategy Committee, the Audit Committee, the Related Party Transactions Control Committee, the Risk Management Committee, the Nomination Committee and the Remuneration and Appraisal Committee, with five members each.

3. Supervisors and Board of Supervisors: There are 9 members of the Board of Supervisors, including 2 external supervisors, 4 shareholder supervisors and 3 employee supervisors. Formulate the rules of procedure of the board of supervisors, clarify the discussion methods and voting procedures of the board of supervisors, and ensure the effective supervision of the board of supervisors.

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