China Construction Bank (CCB) and Baotou Iron and Steel Group (BaotouSteel) held a grand ceremony for the issuance of the first Corporation Long Card – BaotouSteel Long Card in Inner Mongolia Autonomous Region on June 22.

Vice Chairman of Inner Mongolia Autonomous Region Yu Dehui, President of CCB Chang Zhenming, Mayor of Baotao city, Chairman of BaotouSteel Ling Donglu attended this ceremony.

The Corporation Long Card is a credit card up to international standards and customized for employees of China’s top 500 corporations. Baotou Iron and Steel (Group) Company, Limited was reorganized in June l998 from Baotou Iron and Steel Company (established in l954). It is a large production base of iron and steel and the largest scientific research and production base of rare earth in China. It is also the most important basic industry in Inner Mongolia Autonomous Region. BaotouSteel is CCB’s VIP client and maintains a long-term good relations with CCB. This cooperation will create a win-win situation in the near future.

The Corporate Long Card 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 BaotouSteel Long card pictures the logo of BaotouSteel. The Corporation Long Card may make cardholders of BaotouStell proud of their corporation. At the same time CCB may offer more supports including improving corporate image in terms of the usage environment.