China Merchants Bank was established in Shekou, Shenzhen in 1987. It is the first joint-stock commercial bank in China that is wholly owned by a corporate legal person. One of the guarantees. The net capital exceeds 290 billion yuan and the total assets exceed 4.4 trillion yuan. As of the first half of 2017, China Merchants Bank had more than 1,800 domestic and overseas branches, set up service outlets in more than 130 cities in mainland China, and owned 5 overseas branches and 3 overseas representative offices.