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Is CMB Network Technology a State-owned Enterprise?

CMB Network Technology is not a state-owned enterprise. CMB Network Technology, namely CMB Network Technology Co., Ltd., was established on June 5, 2002 and is a wholly-owned enterprise with legal person. The main business of CMB Network Technology Co., Ltd. is to provide software development and technical support for the global development of China Merchants Bank.

Business scope of CMB Network Technology Co., Ltd.: technical development and sales of computer software and hardware; Sales of communication equipment and office automation equipment; Computer technology information consultation. (excluding restricted goods and franchised, controlled and monopolized goods. )

Zhao Yin Network Technology Co., Ltd. was established by Zhao Yin Science and Technology Holding Co., Ltd., a wholly-owned enterprise in Taiwan, Hong Kong and Macao.

The products of China Merchants Bank Network Technology Co., Ltd. include China Merchants Bank's new generation mobile banking, Capricorn Smart Investment, China Merchants Bank's intermediary business platform, smart supply chain financial management system, China Merchants Bank's asset custody system, China Merchants Bank's cloud computing PaaS platform, China Merchants Bank's core account system, etc.

Branches of CMB Network Technology Co., Ltd.: CMB Network Technology (Shenzhen) Co., Ltd., CMB Network Technology (Hangzhou) Co., Ltd. and CMB Network Technology (Degree) Co., Ltd.