Shanghai Pudong Development Bank (hereinafter referred to as Shanghai Pudong Development Bank) is a joint-stock commercial bank established with the approval of the People's Bank of China on October 9,1993+/kloc-0, and its head office is located in Shanghai. Approved by the People's Bank of China Yin Fu (1992) No.350, 1992 10 by Shanghai Finance Bureau, Shanghai International Trust and Investment Corporation, Shanghai Jiushi Company, Shenneng Co., Ltd., Baoshan Iron and Steel General Factory, Shanghai Automobile Industry Corporation, Shang Ling Refrigerator General Factory, Shanghai Airlines, China Textile Machinery Co., Ltd., Minhang United Development Co., Ltd., Jinjiang (Group) Associated Company, Lujiazui Financial and Trade Zone Development Company, Waigaoqiao Jinqiao Export Processing Zone Development Company, Shanghai Shenshi Company, Shanghai No.1 Department Store Co., Ltd., Shanghai Railway Bureau and other 18 units as sponsors are joint-stock commercial banks established by directional fundraising.
Shanghai Pudong Development Bank was incorporated on 1992 10/October 19, and officially opened on 1993 19 10 with a registered capital of/kloc-0. During the period of 1996, the ninth meeting of the first board of directors of the Bank passed the resolution of increasing capital and shares by 10 billion yuan. During the period of 1997, the Bank increased its capital and shares in accordance with the requirements of the People's Bank of China and the procedures and shareholder qualifications stipulated in the Company Law, the Commercial Bank Law, the Interim Provisions on Investment Financial Institutions and other laws and regulations. 1997, the People's Bank of China approved the registered capital of Shanghai Pudong Development Bank to increase from 1997 yuan to 20 100 yuan. 1999 After issuing 400,000,000 public shares (including 80,000,000 shares allocated to investment funds), the total share capital of the company reached 24 10/0,000,000 shares. Its 320 million public shares were listed and traded on the Shanghai Stock Exchange in June1999165438+10/0.