The full name of Huaxing Bank is Guangdong Huaxing Bank Co., Ltd., which is a joint-stock commercial bank. It was established in August of 20 1 1 year, and it is a local joint-stock commercial bank. State-owned banks, that is, state-owned banks, refer to large banks directly controlled by the state (Ministry of Finance, Central Huijin Company). State-owned banks include: Industrial and Commercial Bank of China.