CITIC Wealth Management Corporation Limited

CCB Financial Management Co., Ltd

CCB Financial Management Co., Ltd. was established on May 24, 2019. Liu Xinghua, the legal representative of the company, whose business scope includes: (1) public issuance of financial products to non-specific public to invest and manage the entrusted investors' property; (2) non public issuance of financial products to qualified investors to invest and manage the entrusted investors' property; (3) financial consulting and consulting services; (4) approval by CIRC Other business of the company.

On June 3, 2019, CCB Financial Management Co., Ltd. held an opening ceremony in Shenzhen, Guangdong Province.

Opening operation

On June 3, 2019, CCB Financial Management Co., Ltd., a wholly-owned subsidiary of China Construction Bank, held an opening ceremony in Shenzhen, Guangdong Province, marking the official opening of the first financial management subsidiary of a commercial bank in China.

Establishment process

CCB's registered capital is 15 billion yuan, and its registered place is Shenzhen City, Guangdong Province. In the process of preparation, CCB took the lead in submitting the preparation application to the CIRC, and was approved in the first batch. On May 20, CCB received the approval from the CIRC for opening. On May 27, CCB announced the formal establishment of CCB finance.