CCB and Shandong Haihua Group held a grand ceremony for the issuance of the first domestic Corporation Long Card - Haihua Long Card in Shandong Haihua Group on April 16, marking a successful innovation in the field of credit card services.

The Corporation Long Card is a credit card up to international standards and customized for employees of China’s top 500 corporations. It inherits all the features of the Long Credit Card such as consumption first repayment later, dual-currency and 50-day-long grace period. Higher credit amount will be allowed under the same conditions. The Corporation Long Cards that will be issued by CCB in partnership with top 500 corporations will not only provide an advanced financial payment tool for employees of well-known corporations across china and the world but also help employees to improve corporation’s brand image and identity by using financial products with corporation mark. It is a good reflection of our service features and philosophy of “putting customers first”.

The surface of Haihua Long card pictures the panorama of Haihua working area and has a strong individuality. The Corporation Long Card may make cardholders of Haihua Group proud of their corporation. At the same time CCB may offer more supports in terms of the usage environment.

CCB was the first to carry out shareholding reform among China’s commercial banks and was successfully listed in Hong Kong Stock Exchange on October 27, 2005, marking a historic transformation from a wholly state-owned commercial bank to a joint-stock commercial bank. CCB attaches great importance to the innovation of financial products and strives for offering services that meet the demands for billions of clients. CCB is a leader in the “mortgage plus temporary guarantee” personal housing loan, credit card and personal wealth management in this industry. In particular the number of issued Long Credit Cards (dual-currency) has exceeded 3.7 million. Some of our feature cards are well received by our clients, such as the Auto Long Cards and University Long Cards.

Focusing upon developing the emerging industry of ocean chemicals, Shandong Haihua Group is a super-large modernized corporation integrating science, industry and trade and the largest manufacturing base of ocean chemicals with the biggest earnings of foreign currency through export of ocean chemicals. For many years Haihua Group has been adhering to the idea of first-class quality and everlasting Integrity. It has grasped opportunities for accelerated development, made outstanding contributions to national economy and social development, created many miracles in he chemical history of our country and the world and accumulated overseas experiences.

CCB and Shandong Haihua Group have maintained a long-term relationship of cooperation between banks and corporations. The issuing of Haihua Long Card indicates that the cooperation between CCB and Haihua Group has entered a new stage. Taking advantage of the issuance of Haihua Long Card both sides will further contacts, strengthen cooperation and create a new scenario of going forward hand in hand, seeking common development and achieving win-win results between banks and corporations.