Established in August 1992, it is a national joint-stock commercial bank approved by the State Council and approved by the People's Bank of China, headquartered in Beijing.
It was ranked in 139th in 2016 Forbes Global 2000 publicly held companies.
[citation needed] China Everbright Group and its subsidiaries owned 27.97% stake in the bank, Everbright Group's parent company, Central Huijin Investment owned 21.96% stake directly as the second largest shareholder of the bank.
Moreover, the directors in the board of Everbright Group that nominated by Central Huijin Investment, were also nominated as the directors of the bank (as part of the shareholders' agreement from the State Council), thus Central Huijin Investment and China Everbright Group are the intermediate parent company of the bank.
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