In fact, China Development Bank is China National Development Bank Co., Ltd., which is mainly a financial institution focusing on development. China Development Bank (CDB) is a policy bank led and directly managed by the State Council. It mainly provides policy financial support for some major industries such as national infrastructure and basic industries, helps infrastructure construction and promotes the national economy. CDB can handle many businesses, as well as welfare policies.
Shanghai Shanda Financial Services Co., Ltd. was established on September 1 day, 2004, referred to as Shanda Finance for short. With Shanghai Shengda Financial Services Co., Ltd. as the main sponsor, together with Jinda Financing Guarantee Group, Yin Jian Holding International Guarantee Group, Pacific International Investment Guarantee Group, Qiang Sen International Investment Guarantee Group, Huijin Financing Guarantee Group, idy Investment Guarantee Group and Guardian International Financial Holding Guarantee Group *, it was approved by the competent authorities of the industry and registered by the administrative department for industry and commerce.