Hengfeng Bank Co., Ltd., founded in 1987, is a primary underwriter of policy financial bonds, a financial institution engaged in RMB deposits and withdrawals, and the issuance of financial bonds

Hengfeng Bank Co., Ltd. is one of the 12 national joint-stock commercial banks, and its predecessor was Yantai Housing Savings Bank, which was established in 1987 with the approval of the State Council and the People's Bank of China. In 2003, with the approval of the People's Bank of China, it was officially restructured into Hengfeng Bank Co., Ltd. and became a national joint-stock commercial bank.

At present, Hengfeng Bank has 14 first-class branches and 2 head offices directly under the management of the head office, with a total of 279 branches. In addition, five village and township banks were initiated. By the end of 2015, Hengfeng Bank's total assets reached 1.06 trillion yuan, an increase of 26%, the annual net profit was 8.1 billion yuan, an increase of 13%, and 74 new branches were added, doubling compared with the previous year and hitting a record high.

In the "2016 Top 1000 Global Banks" published by The Banker magazine, Hengfeng Bank ranked 143rd.

Hengfeng Bank has achieved a good balance between profitability and steady development. In terms of profitability, Hengfeng Bank ranked 5th in the Asian banking industry in the "Asian Banking Competitiveness Research Report" released by the Chinese University of Hong Kong; In terms of steady development capabilities, Hengfeng Bank ranked 7th among national commercial banks and among the top 3 national joint-stock commercial banks in the "Gyroscope Evaluation System for Commercial Banks' Steady Development Capabilities" issued by the China Banking Association.

As a national joint-stock commercial bank in Shandong, the hometown of Confucius and Mencius, Hengfeng Bank adheres to the value concept of "Heng must become virtuous and prosperous", and is committed to being a disseminator of knowledge and technology, a builder of channels and platforms, and a provider of comprehensive financial solutions, and strives to build a first-class commercial bank to provide customers and society with comprehensive financial services with high efficiency and good experience.