Relationship between Taian Bank and Huatong Holdings

There is no direct affiliation between the two enterprises.

As a local commercial bank, Taian Bank mainly provides various banking and financial services such as deposit, loan and wealth management to meet the needs of local customers. Huatong Holdings is a diversified enterprise group, involving many industries and fields, and carrying out specific business activities through its subsidiaries or branches.

Although Taian Bank and Huatong Holdings are two independent business entities, they have a certain degree of cooperation in actual business. For example, Huatong Holdings, as a customer of Taian Bank, cooperates with it in credit and fund settlement. Or Taian Bank provides financial services for Huatong Holdings to support its business development. Cooperative relationship does not mean that both parties have direct control relationship, but business relationship based on business needs and market environment.