Translator：Wang Qiyu

Shanghai Landing Law Offices has been successfully shortlisted for the legal services agreement procurement project of Bank of Communications Co., Ltd., Shanghai Branch.

Bank of Communications (referred to as BCM or “交行” in Chinese), founded in 1908, is one of the oldest banks in China and one of the banks responsible for currency issuance in modern China. On April 1, 1987, the restructured Bank of Communications officially commenced operations, becoming the first nationwide state-owned joint-stock commercial bank in China, headquartered in Shanghai. In June 2005, Bank of Communications was listed on the Hong Kong Stock Exchange, and in May 2007, it successfully listed on the Shanghai Stock Exchange.

Bank of Communications is one of China's major financial service providers, with a business scope covering commercial banking, securities, trusts, financial leasing, fund management, insurance, and offshore financial services.

The Shanghai Branch maintains extensive connections with both international and domestic financial markets. Overseas, the Shanghai Branch has established correspondent relationships with banks worldwide and collaborates with Bank of Communications' overseas institutions in Hong Kong, New York, Tokyo, Singapore, London, Frankfurt, and others, facilitating seamless domestic and international operations. Bank of Communications is one of the top ten foreign financing windows in China and is designated as a foreign exchange bank. The Shanghai Branch is fully equipped to handle international business. Within the country, Bank of Communications has a comprehensive settlement network, with the RMB electronic exchange system and foreign currency electronic exchange system covering the entire nation. The project is led by the legal team headed by Lawyer Xu Xinjian from Shanghai Landing Law Offices.

Leveraging extensive experience in the banking sector, the legal team led by Lawyer Xu Xinjian has stood out among competitors in this bidding project, along with other experienced lawyers from Landing Law Offices.