In 1959, China Development Corporation was established through the collective efforts of the Economic Stabilization Committee of the Executive Yuan, the World Bank, and public capital as Taiwan's financial institution focusing on direct investments.

In December 2001, China Development Financial Holding Co., Ltd. (CDF) was established by way of a stock swap.

After the business integration of its two major securities companies, it has become the leader of domestic investment banks, bonds and new financial products.

[3][4][5][6] From this point on, CDIB's Corporate Finances and Financial Markets were ceded to KGI Commercial Bank.

Continuing the core of Industrial Bank, CDIB Capital Group is committed to private equity investment funds and actively expand asset management business.