China Development Bank Corporation

The China Development Bank was established in 1994 and is a policy financial institution directly under the leadership of the State Council of China. In December 2008, it was restructured into China Development Bank Co., Ltd. In March 2015, the State Council made it clear that China Development Bank is positioned as a development financial institution. In April 2017, the name of "China Development Bank Co., Ltd." was changed to "China Development Bank", and the organizational form was changed from a company limited by shares to a limited liability company. 　　The registered capital of China Development Bank is 421.248 billion yuan. The shareholders are the Ministry of Finance of the People's Republic of China, Central Huijin Investment Co., Ltd., Wutongshu Investment Platform Co., Ltd. and the National Council of Social Security Fund. The shareholding ratios are 36.54%, 34.68%, and 27.19% respectively. , 1.59%. 　　China Development Bank mainly serves the major medium and long-term development strategies of the national economy by developing medium and long-term credit and investment financial services. As of the end of 2018, total assets were 16.2 trillion yuan, loan balance was 11.68 trillion yuan; net profit was 11.21 billion yuan, ROA0.70%, ROE8.82%, capital adequacy ratio 11.81%, and sustainable development capabilities and anti-risk capabilities were further enhanced . Professional rating agencies such as Moody's and Standard & Poor's have consistently rated CDB consistent with China's sovereign rating for many years.