1 from China. Hengfeng bank is one of the 13 joint-stock commercial banks approved by the People's Bank of China, and it is also the only joint-stock commercial bank headquartered in a prefecture-level city. Hengfeng bank, formerly known as Yantai Housing Savings Bank, was established on 1987 with the consent of the State Council and the approval of the People's Bank of China. Hengfeng bank is one of the 13 joint-stock commercial banks approved by the People's Bank of China, and it is also the only joint-stock commercial bank headquartered in a prefecture-level city.

2. Main honors: It has successively won "Top 500 Chinese Enterprises", "China Integrity Enterprise", "Top Ten Integrity Demonstration Units of China Economy", "30-year China Brand Innovation Award", "National Demonstration Unit of Financial Industry Supporting the Development of Small and Medium-sized Enterprises", "China's Most Competitive Bank 10 Top 0", "China's Top Ten Symbolic Banking Service Brands" and "China Economy/" More than 100 honorary titles, such as China's excellent financial institutions supporting the development of small and medium-sized enterprises, China's top ten high-quality service financial institutions in modern service industry, China's outstanding enterprises, China's top 500 service enterprises, the most influential enterprises (nationwide), the honorary title of national women's civilized post, China's most competitive brand in financial industry, the top ten outstanding industries in building an innovative country, and China's financial enterprise charity list. Civilized units in Shandong Province, outstanding enterprises in ideological and political work in Shandong Province, honest tax paying enterprises in Shandong Province, advanced tax paying enterprises in Shandong Province, advanced internal audit units in Shandong Province, key service enterprises in Shandong Province and advanced service units in Shandong Province.

The company's main business scope mainly includes: absorbing RMB deposits; Issue short-,medium-and long-term loans; Handle settlement; Handle bill discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds; Inter-bank loans; Providing letter of credit services and guarantees; Acting for collection and payment; Provide safe deposit box service; Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; International settlement; Settlement and sale of foreign exchange; Inter-bank foreign exchange lending; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Issuing and acting as an agent to issue foreign currency securities other than stocks; Buying and selling foreign currency securities other than stocks and acting as an agent; Self-operated foreign exchange transactions; Conduct foreign exchange transactions on behalf of customers; Credit investigation, consultation and witness business; And other businesses approved by China Banking Regulatory Commission.