DOCSLIB.ORG

Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司* (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 6138)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司* (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 6138) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6138) 2016 ANNUAL RESULTS ANNOUNCEMENT The board of directors (the “Board”) of Harbin Bank Co., Ltd. (the “Bank”) is pleased to announce the audited annual results of the Bank and its subsidiaries (the “Group”) for the year ended 31 December 2016. This results announcement, containing the full text of the 2016 Annual Report of the Bank, complies with the relevant content requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to preliminary announcements of annual results. The annual financial statements of the Group for the year ended 31 December 2016 have been audited by Ernst & Young in accordance with International Standard on Review Engagements. Such annual results have also been reviewed by the Board and the audit committee of the Bank. Unless otherwise stated, financial data of the Group are presented in Renminbi. This results announcement is published on the websites of the Bank (www.hrbb.com.cn) and HKExnews (www.hkexnews.hk). The printed version of the 2016 Annual Report of the Bank will be dispatched to the holders of H shares of the Bank and available for viewing on the above websites in April 2017. The Company holds the Finance Permit No. B0306H223010001 approved by the China Banking Regulatory Commission and has obtained the Business License (Uniform Social Credit Code: 912301001275921118) approved by Market Supervision and Administration Bureau of Harbin. The Company is not an authorised institution within the meaning of the Hong Kong Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorised to carry on banking/deposit-taking business in Hong Kong. Harbin Bank Co., Ltd. 1 Contents 2016 Annual Report Definitions 2 Company Profile 4 Summary of Accounting Data and Financial Indicators 10 Chairman’s Statement 14 President’s Statement 18 Report of the Board of Directors 22 Changes in Share Capital and Information on Shareholders 93 Corporate Governance Report 98 Report of the Board of Supervisors 127 Important Events 129 Directors, Supervisors, Senior Management, Employees and Organizations 136 Financial Statements 150 Documents for Inspection 276 2 Harbin Bank Co., Ltd. 2016 Annual Report Definitions Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement In this report, unless the context otherwise requires, the following terms shall have the meanings set out below. “A Shares” ordinary shares that are proposed to be issued pursuant to the A Share Offering by the Bank, which will be listed on the Shanghai Stock Exchange and traded in RMB “A Share Offering” the Bank’s proposed initial public offering of not more than 3,666,000,000 A Shares which are to be listed on the Shanghai Stock Exchange “Reporting Period” the year ended 31 December 2016 “Company” or “Bank” Harbin Bank Co., Ltd. (哈爾濱銀行股份有限公司), a joint stock company incorporated in the PRC on 25 July 1997 with limited liability in accordance with PRC laws “Group” the Company and all of its subsidiaries and branches “Model Code” the Model Code for Securities Transactions by Directors of Listed Issuers set out in Appendix 10 to the Hong Kong Listing Rules “Chief Financial Officer” the chief financial officer of the Company “Director(s)” the director(s) of the Company “Board” or “Board of Directors” the board of directors of the Company “Articles of Association” the articles of association of Harbin Bank Co., Ltd. “H Shares” overseas-listed foreign invested ordinary shares of a nominal value of RMB1.00 each in the share capital of the Company, which are listed and traded on the Hong Kong Stock Exchange “Harbin Economic Development” Harbin Economic Development and Investment Company “HBCF” Harbin Bank Consumer Finance Co., Ltd. “HB Leasing” Harbin Bank Financial Leasing Co., Ltd. “Supervisor(s)” the supervisor(s) of the Company “Board of Supervisors” the board of supervisors of the Company Harbin Bank Co., Ltd. 3 2016 Annual Report Definitions Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement “Domestic Shares” ordinary shares of a nominal value of RMB1.00 each in the share capital of the Company, which are subscribed for or credited as paid in Renminbi “PBOC” or “Central Bank” the People’s Bank of China “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited “Hong Kong Listing Rules” The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited “SFO” the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong “CBRC” the China Banking Regulatory Commission “CSRC” the China Securities Regulatory Commission 4 Harbin Bank Co., Ltd. 2016 Annual Report Company Profile Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement Basic Information Website for Publishing this Report: Legal Chinese Name: www.hrbb.com.cn 哈爾濱銀行股份有限公司(Abbreviation: 哈爾濱銀行) Place Where this Report is Available: English Name: No. 888 Shangjiang Street, Daoli District, Harbin, PRC HARBIN BANK CO., LTD. (Abbreviation: HARBIN BANK) Place of Listing, Stock Name and Stock Code: Legal Representative: The Stock Exchange of Hong Kong Limited, GUO Zhiwen HARBIN BANK and 6138 Authorised Representatives for the Hong Kong Corporate Uniform Social Credit Code: Stock Exchange: 912301001275921118 LIU Zhuo and SUN Feixia Finance Permit Institution Number: Board Secretary: B0306H223010001 SUN Feixia Date of Initial Registration: Joint Company Secretaries: 25 July 1997 SUN Feixia and NGAI Wai Fung Initial Registration Authority: Registered Address: Market Supervision and Administration Bureau of Harbin, Heilongjiang Province, PRC No. 160 Shangzhi Street, Daoli District, Harbin, PRC Legal Adviser as to Laws of China: Principal Place of Business in Hong Kong: Beijing Jun He Law Offices 18/F, Tesbury Centre, 28 Queen’s Road East, Wan Chai, Hong Kong Legal Adviser as to Laws of Hong Kong, China: Contact Address: Linklaters No. 888 Shangjiang Street, Daoli District, Harbin, PRC Auditors: Telephone: Overseas auditor: Ernst & Young, Certified Public Accountants in Hong Kong 86-451-86779933 Domestic auditor: Ernst & Young Hua Ming LLP Facsimile: Hong Kong H Share Registrar and Transfer Office: 86-451-86779829 Computershare Hong Kong Investor Services Limited Email: [email protected] Harbin Bank Co., Ltd. 5 2016 Annual Report Company Profile Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement Company Profile The Bank, headquartered in Harbin, was granted its finance permit to carry on financial business by the PBOC in February 1997, and obtained its corporate business license on 25 July 1997. At present, the Bank has established 17 branches in Tianjin, Chongqing, Dalian, Shenyang, Chengdu, Harbin, Daqing, etc. and 32 village and township banks (including 8 village and township banks in preparation) in 14 provinces and municipalities, including Beijing, Guangdong, Jiangsu, Jilin and Heilongjiang. The Bank, as a controlling shareholder, has promoted the establishment of HB Leasing, the first financial leasing company in Northeastern China, and HBCF (approved for establishment), the first consumer finance company in Heilongjiang Province, respectively. As at 31 December 2016, the Group had 355 business outlets with branches and sub-branches across seven administrative regions across China. As at 31 December 2016, the Bank had total assets of RMB539.0162 billion, total loans and advances to customers of RMB201.6279 billion and total customer deposits of RMB343.1510 billion. The Bank is ranked 207th in the “Top 1,000 World Banks” in terms of total tier 1 capital in 2016 published by the Banker of United Kingdom, thus rising 2 places from the previous ranking, and the 31st among the Chinese-funded banks. According to the 2016 “Top 500 Banks in Asia-Pacific Region” published by The Asian Banker, the Bank is ranked 99th in comprehensive ranking, thus rising 16 places as compared to the ranking in 2015, and the 48th among banks in Greater China. According to the “Stars of China Awards” 2016 published by Global Finance, a US-based magazine, the Bank has won the “2016 Best City Commercial Bank” award, and become a commercial bank winning this award for three consecutive years. 6 Harbin Bank Co., Ltd. 2016 Annual Report Company Profile Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement Major Awards for 2016 List of Major Awards for 2016 No. Name of Award Awarding Party Time of Award 1 2015 Outstanding Award for System Access Clearing Center For City Commercial January 2016 (2015年系統接入行「突出貢獻獎」) Banks 2 Mobile Banking: 2016 Best Creative Customer China Online Banking Promotion Alliance March 2016 Experience Award (中國網上銀行促進聯盟) (手機銀行：2016年度最佳客戶創新體驗獎) 3 2016 Top Ten Innovative Projects in China Securities
Load more

Recommended publications
  • <I>Anemone Raddeana</I>
    REVIEW Pharmacochemistry & Biomacromolecule Research Laboratories1, Qiqihar Medical University, Qiqihar; College of Pharmacy2, Changchun University of Chinese Medicine, Changchun, P. R.China Phytochemicals and bioactivities of Anemone raddeana Regel: a review Yong-Xu Sun 1,∗, Ji-Cheng Liu 1,∗, Da-You Liu 2,∗ Received April 28, 2011, accepted May 27, 2011 Ji-Cheng Liu, Qiqihar Medical University, 333 BuKui Street, JianHua District, Qiqihar, 161006, China [email protected] Da-YouLiu, College of Pharmacy, Changchun University of Chinese Medicine, 1035 BoShuo Road, Jing Yue Economic Development District, Changchun, 130117, China [email protected] Yong-Xu Sun, Pharmacochemistry & Biomacromolecule Research Laboratories, Qiqihar Medical University, 333 BuKui Street, JianHua District, Qiqihar, 161006, China [email protected] ∗These authors contributed equally to this work. Pharmazie 66: 813–821 (2011) doi: 10.1691/ph.2011.1574 Anemone raddeana, usually called as “ToujianLiang” in China, is an Anemone herb belonging to the Ranun- culaceae family. Until now there are in total 67 of chemical components identified including triterpenoids, steroids, lactones, fats and oils, saccharide and alkaloids. A broad spectrum of pharmacological activity of A. raddeana compounds have been reported, such as antitumor, antimicrobial, anti-inflammatory, sedative and analgesic activites, as well as anti-convulsant and anti-histamine effects. In view of this, we initiated this short review to present the phytochemical and pharmacological profile of A. raddeana to support future studies in this discipline. 1. Introduction Anemone raddeana Regel is a traditional Chinese medicinal herb belonging to the Anemone genus (Ranunculaceae), which is widely distributed in Russia (Far east), northeast of China, Japan and Korea (Chen et al.
    [Show full text]
  • Resettlement Plan People's Republic of China: Heilongjiang Green
    Resettlement Plan May 2021 People’s Republic of China: Heilongjiang Green Urban and Economic Revitalization Project Prepared by Heilongjiang Provincial Government for the Asian Development Bank. This is an updated version of the draft originally posted in May 2017 available on https://www.adb.org/projects/documents/prc-49021-002-rp-2 2 CURRENCY EQUIVALENTS (as of 23 May 2021) Currency unit – yuan (CNY) $1.00 = ¥ 6.508 ABBREVIATIONS ADB Asian Development Bank AAOV average annual output value AP affected persons AHHs affected households DDR Due Diligence Report DI Design Institute DRC Development and Reform Commission DMS Detailed Measurement Survey FSRs Feasibility Study Reports GRM Grievance Redress Mechanism HHs households HD house demolition LA Land Acquisition LLF land-loss farmer M&E Monitoring and Evaluation RP Resettlement Plan RIB Resettlement Information Booklet SPS Safeguard Policy Statement TOR Terms of Reference WEIGHTS AND MEASURES km - kilometer km2 - square kilometer mu - 1/15 hectare m - meter m2 - square meter m3 - cubic meter NOTE{S} (i) In this report, "$" refers to United States dollars. This resettlement plan is a document of the borrower. The views expressed herein do not necessarily represent those of ADB's Board of Directors, Management, or staff, and may be preliminary in nature. Your attention is directed to the “terms of use” section of this website. In preparing any country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
    [Show full text]
  • 2016 Annual Report.PDF
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2016 2016 Annual Report 年度報告 CONTENTS Section I Definition and Important Risk Warnings 3 Section II Company Profile and Key Financial Indicators 7 Section III Summary of the Company’s Business 23 Section IV Report of the Board of Directors 28 Section V Significant Events 62 Section VI Changes in Ordinary Share and Particulars about Shareholders 91 Section VII Preferred Shares 100 Section VIII Particulars about Directors, Supervisors, Senior Management and Employees 101 Section IX Corporate Governance 149 Section X Corporate Bonds 184 Section XI Financial Report 193 Section XII Documents Available for Inspection 194 Section XIII Information Disclosure of Securities Company 195 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company represent and warrant that this annual report (this “Report”) is true, accurate and complete and does not contain any false records, misleading statements or material omission and jointly and severally take full legal responsibility as to the contents herein. This Report was reviewed and passed at the twenty-third meeting of the sixth session of the Board. The number of Directors to attend the Board meeting should be 13 and the number of Directors having actually attended the Board meeting was 11. Director Li Guangrong, was unable to attend the Board meeting in person due to business travel, and had appointed Director Zhang Ming to vote on his behalf. Director Feng Lun was unable to attend the Board meeting in person due to business travel and had appointed Director Xiao Suining to vote on his behalf.
    [Show full text]
  • Assessment of Thyroid Function in Children, Adults and Pregnant and Lactating Women After Long-Term Salt Iodisation Measurements
    Downloaded from British Journal of Nutrition (2018), 119, 1245–1253 doi:10.1017/S0007114518000570 © The Authors 2018 https://www.cambridge.org/core Assessment of thyroid function in children, adults and pregnant and lactating women after long-term salt iodisation measurements Xiaohui Su1,MuLi2, Lixiang Liu1, Hongmei Shen1, Patrick J. Kelly2, Yanling Wang3, Zhihui Chen4, . IP address: Jinbiao Wang5, Weidong Li6,HuixinChen7, Bangzhong Xiao8, Yunfeng Han9, Shoujun Liu1* and Peng Liu1* 1Key Lab of Etiology and Epidemiology, Education Bureau of Heilongjiang Province & Ministry of Health, Center for Endemic 170.106.40.139 Disease Control, Chinese Center for Disease Control and Prevention, Harbin Medical University, No. 157 Baojian Road, Nangang District, Harbin 150081, People’s Republic of China 2Sydney School of Public Health, China Studies Centre, The University of Sydney, Sydney 2006, Australia 3 Center for Disease Control of Gansu Province, No. 93 Duanjiatan Road, Lanzhou 730020, People’s Republic of China , on 4 Center for Disease Control of Fujian Province, No. 76 Jintai Road, Fuzhou 350001, People’s Republic of China 23 Sep 2021 at 12:16:30 5Institute for Endemic Disease Control of Shandong Province, No. 11 Yandongxin Road, Lixia District, Jinan 250014, People’s Republic of China 6Center for Disease Control of Anhui Province, Hefei Economic and Technological Development Zone (12560 Prosperous Avenue), Hefei 230061, People’s Republic of China 7The Second Institute for Endemic Disease Control of Jilin Province, No. 23 Chongqing Road, Jilin 132001, People’sRepublicofChina 8Center for Disease Control of Chongqing Municipality, No. 8 Changjiang II Road, Yuzhong District, Chongqing 400042, , subject to the Cambridge Core terms of use, available at People’s Republic of China 9Public Health School, Qiqihar Medical University, No.
    [Show full text]
  • 2017 Annual Report the Company Holds the Finance Permit No
    (A joint stock company incorporated in the People's Republic of China with limited liability) Stock Code: 6138 2017 Annual Report The Company holds the Finance Permit No. B0306H223010001 approved by the China Banking Regulatory Commission and has obtained the Business License (Uniform Social Credit Code: 912301001275921118) approved by Market Supervision and Administration Bureau of Harbin. The Company is not an authorised institution within the meaning of the Hong Kong Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorised to carry on banking/deposit-taking business in Hong Kong. Harbin Bank Co., Ltd. 1 Contents 2017 Annual Report Definitions 2 Company Profile 4 Summary of Accounting Data and Financial Indicators 10 Chairman’s Statement 14 President’s Statement 17 Report of the Board of Directors 21 Changes in Share Capital and Information on Shareholders 96 Corporate Governance Report 101 Report of the Board of Supervisors 130 Important Events 132 Directors, Supervisors, Senior Management, Employees and Organisations 144 Financial Statements 158 Documents for Inspection 288 2 Harbin Bank Co., Ltd. 2017 Annual Report Definitions Definitions Company Profile Summary of Accounting Data and Financial Indicators Chairman’s Statement President’s Statement In this report, unless the context otherwise requires, the following terms shall have the meanings set out below. “A Shares” ordinary shares with a par value of RMB1.00 per share that are proposed to be issued pursuant to the A Share Offering by the Bank, which will be applied for listing on the Shanghai Stock Exchange and subscribed and traded in RMB “A Share Offering” the Bank’s proposed initial public offering of not more than 3,666,000,000 A Shares which will be applied for listing on the Shanghai Stock Exchange “Reporting Period” or “Year” the year ended 31 December 2017 “Company” Harbin Bank Co., Ltd.
    [Show full text]
  • Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司 *
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Harbin Bank Co., Ltd. 哈爾濱銀行股份有限公司* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6138) 2018 ANNUAL RESULTS ANNOUNCEMENT The board of directors (the “Board”) of Harbin Bank Co., Ltd. (the “Bank”) is pleased to announce the audited annual results of the Bank and its subsidiaries (the “Group”) for the year ended 31 December 2018. This results announcement, containing the full text of the 2018 Annual Report of the Bank, complies with the relevant content requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to preliminary announcements of annual results. The annual financial statements of the Group for the year ended 31 December 2018 have been audited by Ernst & Young in accordance with International Standard on Review Engagements. Such annual results have also been reviewed by the Board and the Audit Committee of the Bank. Unless otherwise stated, financial data of the Group are presented in Renminbi. This results announcement is published on the websites of the Bank (www.hrbb.com.cn) and HKExnews (www.hkexnews.hk). The printed version of the 2018 Annual Report of the Bank will be dispatched to the holders of H shares of the Bank and available for viewing on the above websites in April 2019.
    [Show full text]
  • The Influence of Network Propaganda Strategy on Promoting the Soft Power of Tourism Culture in Qiqihar
    2020 International Conference on Social and Human Sciences (ICSHS2020) The Influence of Network Propaganda Strategy on Promoting the Soft Power of Tourism Culture in Qiqihar Xiangkun Lia and Zhiwei Tian b * a Personnel Department, Qiqihar Medical University b Foreign Language Department, Qiqihar Medical University No.333, Bukui Street, Jianhua District, Qiqihar City, Heilongjiang Province, 161006 P.R.China a [email protected]; b *[email protected] * corresponding author Keywords: network propaganda strategy; tourism culture; soft power Abstract: as an important means to spread and infiltrate Chinese culture, tourism culture construction provides an important way to enhance the soft power of Chinese culture. The competition of urban tourism industry is increasingly fierce and the level of tourists' demand is constantly improving. Therefore, on the basis of consolidating its own tourism cultural strength, this paper intends to take the network publicity strategy as the starting point, and take the external publicity strategy of improving the soft strength of Qiqihar's tourism culture as the goal; through the research methods of literature, field investigation, comparative research, induction and summary, etc. This paper discusses how to build the brand image of the city's tourism culture soft power in Qiqihar, and summarizes the influence of the network propaganda strategy on the communication of the tourism culture soft power according to the results of the comparative study and questionnaire analysis, so as to improve the international competitiveness of the tourism culture industry. 1. Introduction Soft power is a useful inspiration to understand how policy makers and public intellectuals actively build "China" and "world" [1]. Vlassis [2] studies the importance of cultural industry in enhancing the soft power of emerging countries, and tries to understand how cultural industry enables emerging countries to shape their international environmental structure.
    [Show full text]
  • Annual Report 2014 年度報告 Annual 2014 Report CONTENTS
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2014 年度報告 Annual 2014 Report CONTENTS Chairman’s Statement 3 Section I Definition and Important Risk Warnings 4 Section II Company Profile 7 Section III Summary of Accounting Data and Financial Indicators 18 Section IV Report of The Board of The Directors 24 Section V Significant Events 79 Section VI Changes in Share and Particulars about Shareholders 85 Section VII Preferred Shares 98 Section VIII Particulars about Directors, Supervisors, Senior Management and Employees 99 Section IX Corporate Governance 145 Section X Internal Control 169 Section XI Financial and Accounting Reports 176 Section XII Documents Available for Inspection 177 Section XIII Information Disclosure of Securities Company 178 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company represent and warrant that this annual report is true, accurate and complete and does not contain any false records, misleading statements or material omission and jointly and severally take full legal responsibility. This Report was reviewed and passed at the second meeting (the “Board Meeting”) of the sixth session of the Board. The number of Directors to attend the Board Meeting should be 13 and the number of Directors having actually attended the Board Meeting was 12. Director He Jianyong, was unable to attend the Board Meeting in person due to business engagement, and had appointed Chairman Wang Kaiguo to vote on his behalf. None of the Directors or Supervisors has made any objection to this Report. The Company’s annual financial reports, prepared in accordance with the PRC GAAP and IFRS, were audited by BDO China Shu Lun Pan Certified Public Accountants LLP (Special General Partnership) and Deloitte Touche Tohmatsu respectively, whom then issued a standard unqualified audit report thereon.
    [Show full text]
  • Table of Codes for Each Court of Each Level
    Table of Codes for Each Court of Each Level Corresponding Type Chinese Court Region Court Name Administrative Name Code Code Area Supreme People’s Court 最高人民法院 最高法 Higher People's Court of 北京市高级人民 Beijing 京 110000 1 Beijing Municipality 法院 Municipality No. 1 Intermediate People's 北京市第一中级 京 01 2 Court of Beijing Municipality 人民法院 Shijingshan Shijingshan District People’s 北京市石景山区 京 0107 110107 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Haidian District of Haidian District People’s 北京市海淀区人 京 0108 110108 Beijing 1 Court of Beijing Municipality 民法院 Municipality Mentougou Mentougou District People’s 北京市门头沟区 京 0109 110109 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Changping Changping District People’s 北京市昌平区人 京 0114 110114 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Yanqing County People’s 延庆县人民法院 京 0229 110229 Yanqing County 1 Court No. 2 Intermediate People's 北京市第二中级 京 02 2 Court of Beijing Municipality 人民法院 Dongcheng Dongcheng District People’s 北京市东城区人 京 0101 110101 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Xicheng District Xicheng District People’s 北京市西城区人 京 0102 110102 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Fengtai District of Fengtai District People’s 北京市丰台区人 京 0106 110106 Beijing 1 Court of Beijing Municipality 民法院 Municipality 1 Fangshan District Fangshan District People’s 北京市房山区人 京 0111 110111 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Daxing District of Daxing District People’s 北京市大兴区人 京 0115
    [Show full text]
  • Wealth Management Products and Issuing Banks' Risk in China
    In the Shadow of Banks: Wealth Management Products and Issuing Banks’ Risk in China* Viral V. Acharya Jun “QJ” Qian Zhishu Yang New York University, and Shanghai Adv. Inst. of Finance School of Economics and Mgmt. Reserve Bank of India Shanghai Jiao Tong University Tsinghua University [email protected] [email protected] [email protected] This Draft: February 10, 2017 Abstract To support China’s massive stimulus plan in response to the global financial crisis in 2008, large state-owned banks pumped huge volume of new loans into the economy and also grew more aggressive in the deposit markets. The extent of supporting the plan was different across the ‘Big Four’ banks, creating a plausibly exogenous shock in the local deposit market to small and medium-sized banks (SMBs) facing differential competition from the Big Four banks. We find that SMBs significantly increased shadow banking activities after 2008, most notably by issuing wealth management products (WMPs). The scale of issuance is greater for banks that are more constrained by on-balance sheet lending and face greater competition in the deposit market from local branches of the most rapidly expanding big bank. The WMPs impose a substantial rollover risk for issuers when they mature, as reflected by the yields on new products, the issuers’ behavior in the inter-bank market, and the adverse effect on stock prices following a credit crunch. Overall, the swift rise of shadow banking in China seems to be triggered by the stimulus plan and has contributed to the greater fragility of the banking system.
    [Show full text]
  • Annual Report 2019
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2019 2019 年度報告 2019 年度報告 Annual Report CONTENTS Section I DEFINITIONS AND MATERIAL RISK WARNINGS 4 Section II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 8 Section III SUMMARY OF THE COMPANY’S BUSINESS 25 Section IV REPORT OF THE BOARD OF DIRECTORS 33 Section V SIGNIFICANT EVENTS 85 Section VI CHANGES IN ORDINARY SHARES AND PARTICULARS ABOUT SHAREHOLDERS 123 Section VII PREFERENCE SHARES 134 Section VIII DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES 135 Section IX CORPORATE GOVERNANCE 191 Section X CORPORATE BONDS 233 Section XI FINANCIAL REPORT 242 Section XII DOCUMENTS AVAILABLE FOR INSPECTION 243 Section XIII INFORMATION DISCLOSURES OF SECURITIES COMPANY 244 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of contents of this annual report (the “Report”) and that there is no false representation, misleading statement contained herein or material omission from this Report, for which they will assume joint and several liabilities. This Report was considered and approved at the seventh meeting of the seventh session of the Board. All the Directors of the Company attended the Board meeting. None of the Directors or Supervisors has made any objection to this Report. Deloitte Touche Tohmatsu (Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP (Special General Partnership)) have audited the annual financial reports of the Company prepared in accordance with PRC GAAP and IFRS respectively, and issued a standard and unqualified audit report of the Company. All financial data in this Report are denominated in RMB unless otherwise indicated.
    [Show full text]
  • The Inheritance and Development of Islamic Culture in Heilongjiang, Region of China
    Journal of the Punjab University Historical Society Volume No. 32, Issue No. 1, January - June 2019 Zhang Tong * Yu Jinshan** Zhang Xuepei*** Yang He*** The Inheritance and Development of Islamic Culture in Heilongjiang, Region of China Abstract The Hui is one of the 55 minority nationalities region in China. It is popular all over the country for special historical reasons. Compared with Qinghai, Gansu and Xinjiang, the proportion of Hui population in Heilongjiang Province is smaller. Unlike other places in Northwest China, Heilongjiang is not a centralized show area of Islam. The historical development of Islam in Heilongjiang has its own characteristics. Unlike the local religion in Heilongjiang (Shamanism), Islam is not a native religion there. Unlike Taoism and Buddhism, which were introduced into Heilongjiang in the early period, Islam is still a young religion with a history of only 300 years. The development of Hui population and the spread of Islam in Heilongjiang are relatively special. Similarly, the language, culture, diet and even life etiquette of the Hui people in Heilongjiang gradually show the trend of localization in Heilongjiang. Throughout the historical process of Hui immigration to Heilongjiang in different stages, this paper studies the contribution and influence of the historical development of Heilongjiang and introduces the development history and culture of the Hui nationality with Heilongjiang characteristics, as well as the inheritance of religion. Key words: Heilongjiang Hui Islamic Mosque 1.0 Introduction The Hui is one of the 55 minority nationalities region in China. It is popular all over the country for special historical reasons. Compared with Qinghai, Gansu and Xinjiang, the proportion of Hui population in Heilongjiang Province is smaller.
    [Show full text]