Introduction to China Minsheng Bank

China Minsheng Bank was formally established in Beijing in January 1996. It is China’s first national joint-stock commercial bank initiated and founded mainly by non-state-owned enterprises (“NSOEs”). The Bank was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange in 2000 and 2009, respectively. It has grown into a bank group providing commercial banking, financial leasing, fund management, global investment banking and wealth management services with total assets exceeding RMB7.5 trillion, net assets exceeding RMB590 billion, more than 2,400 operating units and nearly 63,000 employees. In 2024, China Minsheng Bank stood at No.22 in the Top 1000 World Banks released by The Banker, No. 351 in the Fortune Global 500 published by Fortune, and No.11 in the Top 100 Chinese Banks released by the China Banking Association. 

A systemically important bank with distinctive features in systems and mechanisms. Shouldering the responsibility and mission of “a pilot field of China’s banking reform” and taking roots in the market-oriented systems and mechanisms, China Minsheng Bank stays bold in change and innovation, and strives to become a practitioner and explorer of the market-oriented reform in China’s banking industry. For three consecutive years, the Bank has been recognized as one of the domestic systemically important banks by the People's Bank of China and the National Financial Regulatory Administration, fully demonstrating its market position and influence in the domestic banking system.

A companion of NSOEs. Sharing the same origin with NSOEs, China Minsheng Bank always takes serving NSOEs as its strategic focus, and continuously innovates business models, products and services to enhance the distinctive features and competitive advantages of financial services for NSOEs, in an aim to become the first-choice bank of NSOEs. 

A leader in small business finance. In 2008, China Minsheng Bank took the lead to explore small business finance in China. In the past 16 years, the Bank has iterated and upgraded small business finance models, and provided professional and warm services for micro and small enterprises, establishing a golden brand of small business finance. 

A pioneer of community finance. In 2013, China Minsheng Bank established the first community sub-branch in China. After over 10 years of exploration, the Bank now has more than 1,200 community outlets, over 8 million community customers, and over RMB450 billion financial assets, becoming the bank with the largest number of community sub-branches in China. 

A practitioner of considerate services. Adhering to the customer-centric philosophy, China Minsheng Bank deeply understands customer needs, continuously improves business models, management processes and supporting systems and mechanisms, and constantly raises the “warmth” of customer services, in an aim to integrate, grow and create value together with customers. 

An explorer of digital finance. Taking digital transformation as the main starting point of reform and innovation, China Minsheng Bank strengthens top-level design, promotes organization reform, optimizes mechanisms and processes, builds eco-bank and intelligent bank, so as to enhance service capabilities of various channels and business convenience.

A contributor to key regions. The Bank has 42 tier-1 branches (including Hong Kong Branch), one overseas branch (London Branch), 105 tier-2 branches (including remote sub-branches), and 2,461 sub-branch business outlets, covering 138 cities in the Chinese mainland. The Bank focuses on key regions, serves key regional projects, promotes credit placement to key regions, deepens regionally integrated development and strives to keep pace with the high-quality development of local economies.

A role model of serving rural revitalization. The Bank has provided paired assistance to Fengqiu County and Hua County in Henan Province for 23 consecutive years, and donated over RMB200 million free assistance funds. The Bank has received the highest grade of “Good” in the assessment of targeted assistance by central units for many years. The Bank has introduced a series of featured rural revitalization products, and strives to build the “two-wheel driven” assistance model of featured assistance with finance and comprehensive assistance in the five revitalization areas, embarking on a distinctive road of finance serving rural development.

A pioneer of exploring cultural welfare. The Bank has carried out cultural welfare undertakings for 17 consecutive years. The 6 public welfare art institutions sponsored and operated by the Bank focus on serving national strategy and the public, and well planned the “Civilization” series exhibitions. The Bank has continuously carried out public welfare practices covering assistance to vulnerable groups and those in difficulties, educational support, health and well-being, community development and other aspects, becoming an important participant and promoter of finance serving the society. 

A role model of practicing ESG philosophy. Adhering to the strategic planning, China Minsheng Bank fully implements the ESG philosophy, coordinates the advancement of ESG works, and continues to integrate ESG into corporate governance and operational management and incorporate the concept of green operation into all business lines. In 2023, the MSCI ESG rating of the Bank jumped to AA, the highest in the domestic banking industry, and the Bank ranked third in the domestic banking industry by score. 

Over the past 28 years since its establishment, China Minsheng Bank has been adhering to the mission of “serving the public, caring about people’s livelihood”, focuses on the strategic positioning of becoming “a bank for NSOEs, an agile and open bank, and a bank with considerate services”, insists on market-oriented and differentiated development path, and strives to develop into a first-class commercial bank with distinctive features, continuous innovation, increasing value and steady operation, and realize its grand vision of becoming a time-honored bank.