Is Guangfa Bank a state-owned enterprise?

State-owned enterprises China guangfa bank was established on 1988, and became a member of China life group on 20 16. Is a state-owned national joint-stock commercial bank. In 2006, Guangfa Bank successfully completed the reform and reorganization, and introduced world-class foreign-funded enterprises such as Citigroup and IBM Credit, as well as powerful domestic well-known enterprises such as China Life Insurance, State Grid and CITIC Trust. On March 1 March, 2065438, China Life announced that it had signed relevant acquisition agreements with Citigroup and IBM Credit, and planned to acquire 3.648 billion shares of Guangfa Bank held by the latter at a price of 6.39 yuan per share, with a total consideration of about 23.30.10.20 billion yuan. After the transaction is completed, the company will hold about 6.729 billion shares of Guangfa Bank, and its shareholding ratio will increase from 20% to 43.686%, making it the single largest shareholder of Guangfa Bank. Most of the shares of Guangfa Bank are in the hands of state-owned enterprises, which are state-owned.

Extended data:

On April 8, 20 1, 201,the original registered name of Guangdong Development Bank Co., Ltd. was changed to "China Guangfa Bank Co., Ltd." for short. The English name was changed to "China Guangfa Bank" (hereinafter referred to as "Guangfa Bank").

2. Guangfa Bank has set up 65,438+05 tier-one branches, 35 tier-two branches and 6 directly affiliated branches, as well as Macao branch and Hong Kong representative office, with more than 500 outlets, and established correspondent bank relations with 965,438+07 banks in 83 countries and regions around the world, initially forming a large-scale urbanized commercial bank pattern. According to the ranking of global 1000 big banks by the British "Banker" magazine, Guangdong Development Bank has been selected as one of the top 500 global banks for four consecutive years.

3. Guangfa Credit Card has successively won dozens of honors such as "Market Development Award", "Best Credit Card Growth Award", "Top Ten Bank Cards Trusted by China Consumers" and "Top Ten Bank Card Innovation Brand Award Favored by China Netizens" issued by international card organizations and domestic authorities.

4. Party building leads development. Taking the establishment of the new Party Committee as an opportunity, we will strengthen the Party's leadership in an all-round way, continue to focus on the overall situation of development, gather strength in the mainstream market, adhere to the steady improvement of scale efficiency, and optimize the quality structure simultaneously, with a strong and upward development momentum. In 2020, the total assets exceeded 3 trillion yuan, and the average compound growth rate of total assets, operating income and net profit in the past four years ranked in the forefront of the joint-stock industry.

5. Shareholders have obvious advantages. The major shareholders, such as China Life Insurance, CITIC Trust, State Grid Ying Da, Jiangxi Jiaotou and AVIC Investment, are all large state-owned enterprises, which have given great support to the rapid development of the governance structure, leadership and business synergy of Guangfa Bank. Relying on China Life Insurance, the single largest shareholder, Guangfa Bank cooperates with the insurance and investment sectors to provide customers with high-quality, efficient, all-round and one-stop comprehensive financial services.

6. The organization covers a wide range. Headquartered in Guangzhou, the central city of Greater Bay Area, it is the only national joint-stock bank in the "9+2" city of Greater Bay Area. It has established 48 directly affiliated branches and 936 business institutions in 26 provinces (municipalities and autonomous regions) and Hong Kong and Macao. Innovative genes are profound. As one of the earliest joint-stock commercial banks in China, adhering to the spirit of "being the first in the world", Guangfa Bank has profound innovation genes, including issuing the first domestic standard credit card, the first short-term financing voucher for small and medium-sized enterprises, and the first bank certified by the new ISO900 1 standard.

7. Clear business positioning. Highlight retail, leap over to the overall comprehensive advantages of "big retail", and focus on developing credit cards, consumer credit and wealth management. Strengthening corporate governance, changing from high capital consumption to light capital mode, optimizing business structure and improving customers' comprehensive income have become the "booster" for improving the efficiency of the whole bank. Be an excellent peer, create characteristics, provide strong support for transformation and development, and become the profit growth pole of the whole bank.

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