What is the relationship between Weizhong Tax Bank and Weizhong Bank?

Parent-subsidiary relationship. Weizhong Tax Bank is an Internet finance technology company initiated by Weizhong Bank, which is the expansion of Weizhong Bank in the tax field. Their relationship is the parent company. Weizhong Bank is an Internet bank, established on 20 15 and headquartered in Shenzhen. It is the first bank wholly owned by a private enterprise in China and one of the first five Internet banks approved by China Banking Regulatory Commission.