About DRCB Company

Dongguan Agricultural Commercial Bank is a head office-level local joint-stock commercial bank with independent legal personality. Its history dates 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 successfully listed on the Hong Kong Stock Exchange on September 29, 2021 (stock code: 9889.HK), making it the 13th listed agricultural commercial bank in the country and the 4th H-share listed agricultural commercial bank. It is also the first listed local legal financial institution in Dongguan. Since restructuring from an agricultural credit cooperative to an agricultural commercial bank in 2009, the Dongguan Agricultural Commercial Bank has begun a process of rapid development. In particular, since promoting the third transformation in 2016, it has achieved continuous and coordinated development in quality, scale, and efficiency, and the scale of assets has risen to the next level. As of the end of December 2022, the Group's total assets amounted to RMB 657.69 billion, various deposit balances of RMB 459.163 billion, and various loan balances of RMB 331.998 billion. According to 2022 statistics from the authoritative international journal “The Banker”, based on the 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 core Tier 1 net capital as of December 31, 2021, Dongguan Agricultural Commercial Bank ranked 39th and the country's rural commercial bank ranked 6th; in the “Forbes 2022 Top 2000 Global Enterprises” list, Dongguan Agricultural Commercial Bank is the east It is the only company in Dongguan City that has entered the list, ranking 1278th. In the “2022 Hurun China Top 500” list, Dongguan Agricultural Commercial Bank ranked 292 with a corporate valuation of RMB 44.5 billion, taking brand influence and industry popularity to the next level. In terms of brand honors, Dongguan Agricultural Commercial Bank won the “Dongguan Government Quality Award”, “Dongguan Efficiency Contribution Award”, and “Dongguan Civilized Unit” from the Dongguan Municipal Committee and Municipal Government; was rated as the “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 banking awards initiated and hosted by authoritative domestic media, Dongguan Agricultural Commercial Bank won numerous awards, winning the “Best Rural Commercial Bank of the Year” and “Special Contribution Award to Support Local Economic Development of the Year”, etc., with a self-credit rating of 10 Since January, it has been rated AAA by China Chengxin International, reaching the highest rating of domestic players, and the rating outlook remains stable. As of the end of December 2022, Dongguan Agricultural Commercial Bank has established a total of 505 business institutions (including the head office), with 39 first-level branches, 200 second-level branches and 265 branch offices, providing 7x24 hour telephone banking, online banking, mobile banking, WeChat banking, direct sales banking, etc. Furthermore, the Dongguan Agricultural Commercial Bank has vigorously implemented financial culture innovation. The well-built Dongguan Coin Museum currently has a collection of nearly 0.02 million pieces (sets), and has been rated as a “National Level 3 Museum”, “Guangdong Province's Top Ten Folk Collection”, “Guangdong Province's First Batch of Financial Education Demonstration Bases”, and “Dongguan Patriotism Education Base”. At the same time, it has built a 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 groupings. It has established 4 offsite branches of Guangdong Pilot Free Trade Zone Nansha Branch, Guangdong Pilot Free Trade Zone Hengqin Branch, Huizhou Branch and Qingxin Branch, as well as Huizhou Zhongkai, Yunfu Xinxing, Dongguan Dalang, and Hezhou Eight Step Village Banks, strategically holding Zhanjiang Agricultural Commercial Bank and Chaoyang Agricultural Commercial Bank Co., Ltd. and took shares in Guangdong Shunde Rural Commercial Bank Co., Ltd., Guangdong Xuwen Rural Commercial Bank Co., Ltd., Guangdong Lechang Rural Commercial Bank Co., Ltd., and Ya'an Rural Commercial Bank Co., Ltd. That's it The new “one, two wings” regional group development pattern with Dongguan as the center, the Guangdong-Hong Kong-Macao Greater Bay Area as the main body, and 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 Guangdong, Hong Kong and Macao. Looking forward to the future, Dongguan Agricultural Commercial Bank will continue to adhere to the business philosophy of “customers are our greatest asset”, with “system governance” as the management principle, digitalization and groupization as starting points, making every effort to promote the five core businesses of “retail finance, industrial finance, small and micro finance, interbank finance, and digital finance”, and strive to become a regional modern agricultural commercial banking group with “more adequate capital marketization, more obvious digital transformation, and more characteristic group management”.