About DRCB Company

Dongguan Agricultural Commercial Bank is a local joint stock commercial bank at the head office level with independent legal personality. Its history can be traced back to 1952. Its predecessor was the Dongguan Rural Credit Cooperative Association, which completed the unified corporate system reform in 2005, completed the shareholding system reform in 2009, and was successfully listed on the Hong Kong Stock Exchange on September 29, 2021 (stock code: 9889.HK), becoming the 13th listed agricultural commercial bank in the country and the fourth listed agricultural commercial bank with H shares in Dongguan. Since it was restructured from an agricultural credit cooperative to an agricultural commercial bank in 2009, Dongguan Agricultural Commercial Bank has begun a process of rapid development. In particular, since it promoted its third transformation in 2016, it has achieved continuous coordinated development in quality, scale, and efficiency, and has taken its asset scale to the next level. As of the end of December 2022, the total assets of the Group reached RMB 657.690 billion, the balance of various deposits amounted to RMB 459.163 billion, and the balance of various loans amounted to RMB 339.998 billion. According to 2022 statistics from the authoritative international journal “The Banker”, according to first-tier capital calculation as of December 31, 2021, Dongguan Agricultural Commercial Bank ranked 215th in the global banking industry and ranked among the top 300 in the global banking industry; in the “2022 China Banking Industry Top 100 List” published by the China Banking Association, according to statistics such as net core Tier 1 capital as of December 31, 2021, Dongguan Agricultural Commercial Bank ranked 39th and rural commercial banks ranked 6th in the “Forbes 2022 Global 2000 Global Enterprises” list It is the only enterprise on the list in Dongguan, ranking 1278th. In the “2022 Hurun China Top 500” list, Dongguan Agricultural Commercial Bank ranked 292nd with a corporate valuation of RMB 44.5 billion, taking its brand influence and industry popularity to the next level. In terms of brand honors, Dongguan Agricultural Commercial Bank has won many awards, such as “Dongguan Municipal Government Quality Award”, “Dongguan City Efficiency Contribution Award”, “Dongguan Civilized Unit”, etc. issued by the Dongguan Municipal Committee and Municipal Government; it was named “National Rural Commercial Bank Benchmark Bank” by the China Banking Insurance Regulatory Commission and “China's Top 500 Private Enterprises” by the All-China Federation of Industry and Commerce; in the banking awards initiated and hosted by authoritative domestic media, Dongguan Agricultural Commercial Bank won numerous awards, such as “Best Rural Commercial Bank of the Year” and “Annual Special Contribution Award to Support Local Economic Development”. Level from 2017/10 So far, it has been rated AAA by China Chengxin International, reaching the highest rating from domestic players, and the rating outlook has remained stable. As of the end of December 2022, Dongguan Agricultural Commercial Bank has set up 505 business institutions (including the head office), with 39 first-level branches, 200 second-level branches and 265 branches, providing various in-service and outbound financial services such as 7x24 hour telephone banking, online banking, mobile banking, WeChat banking, and direct sales banking. Furthermore, the Dongguan Agricultural Commercial Bank has vigorously implemented financial culture innovation. The carefully constructed Dongguan Coin Museum currently has a collection of nearly 20,000 pieces (sets). It has been rated as a “National Three-Level Museum”, “Top Ten Folk Collections in Guangdong Province”, “Guangdong Province's First Financial Education Demonstration Base”, and “Dongguan Patriotism Education Base”. At the same time, it has built an historical museum that inherits the 70-year history of enterprise development, highlighting the charm of local finance. In recent years, Dongguan Agricultural Commercial Bank has further developed in the direction of regional grouping. It has set up 4 offsite branches of the Guangdong Pilot Free Trade Zone Nansha Branch, Guangdong Lechang Branch, Huizhou Branch and Qingxin Branch, as well as 4 village banks in Huizhou Zhongkai, Yunfu Xinxing, Dongguan Dalang, and Hezhou Eighth Step, strategically holding Zhanjiang Agricultural Commercial Bank, Chaoyang Agricultural Commercial Bank Co., Ltd., and shares in Guangdong Shunde Rural Commercial Bank Co., Ltd., Guangdong Xuwen Commercial Bank Co., Ltd., Guangdong Lechang Rural Commercial Bank Co., Ltd., and Anan Commercial Bank Co., Ltd. It was formed The new pattern of “two wings in one” regional group development with Dongguan as the center, the Guangdong-Hong Kong-Macao Greater Bay Area as the main body, and with eastern Guangdong and western Guangdong as the two wings, will spread financial services to the Greater Bay Area customer base, build a Bay Area customer ecosystem, and comprehensively help the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area. Looking forward to the future, Dongguan Agricultural Commercial Bank will continue to adhere to the “customer is our greatest asset” as its business philosophy, “system administration” as the management principle, and digitalization and grouping as a starting point to fully promote the five core businesses of “retail finance, industrial finance, small and micro finance, interbank finance, and digital finance”, and strive to build a regional modern agricultural commercial bank group with “more adequate capital marketization, more obvious digital transformation, and more characteristic group management”.