The company's history can be traced back to 1954. The name when it was founded was the People's Construction Bank of China, which is responsible for managing and allocating government funds allocated to construction projects and infrastructure-related projects in accordance with the national economic plan. In 1994, with the establishment of the China Development Bank, which undertook the policy loan function of the People's Construction Bank of China, the People's Construction Bank of China gradually became a comprehensive commercial bank. In 1996, the People's Construction Bank of China changed its name to China Construction Bank. On September 17, 2004, the Bank was established in the People's Republic of China by its predecessor, China Construction Bank, through a separation procedure. In October 2005 and September 2007, the Bank was listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. The company's main business consists of corporate finance business, personal finance business, capital asset management business, and other businesses. Corporate honors: 2nd in the 2019 World Bank 1000, 31st in the 2019 World 500, 3rd in the 2019 Top 50 Best Chinese Brands, China Comprehensive Risk Management Achievement Award, etc. It has won many honors in the “China Securities Journal”, “Shanghai Securities Journal” and “Securities Times”. To promote the construction of model risk IT systems, the self-developed enterprise-level model management platform has won many honors. At the end of 2023, the Group had a total of 14,895 business establishments. The Bank has a total of 14,289 business institutions, including 14,255 domestic institutions, including the head office, 2 branch-level franchised agencies, 37 first-level branches, 362 second-level branches, 13,818 branches and 35 branches below, and 34 overseas institutions. The Bank has 25 major subsidiaries, with a total of 606 institutions, including 457 domestic institutions and 149 overseas institutions.
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