- CEO
- Qiang Hao
- Full Time Employees
- 4,412
- Sector
- Finance
- Industry
- Regional banks
- Address
- No. 59 Changfeng Street Taiyuan SX China 030000
- IPO Date
- Jul 18, 2019
- Business
- Jinshang Bank Co., Ltd. (2558.HK) engages primarily in commercial banking operations throughout China, with a focus on Shanxi Province where it maintains extensive branch coverage across 11 prefecture-level cities and 154 outlets as of late 2025. Incorporated in 1998 as Taiyuan City Commercial Bank Co., Ltd. and renamed in December 2008, the bank is headquartered at No. 59 Changfeng Street, Xiaodian District, Taiyuan, Shanxi Province; it operates through Corporate Banking, Retail Banking, Treasury Business, and Other segments, offering corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management, consulting and advisory, remittance and settlement, and guarantee services to corporations, government agencies, and financial institutions; personal loans, deposit-taking, personal wealth management, and remittance services to retail customers; interbank money market transactions, repurchase agreements, interbank investments, debt security trading, and debt issuance in treasury operations; as well as investment management including debt securities investment, distribution, underwriting of debt financing instruments, and special purpose vehicle investments in trust plans, asset management plans, and mutual funds. The bank provides specialized small and micro-enterprise financing such as entrepreneurial guarantee loans, Lianlianrong supply chain finance, government procurement quick loans, and loans for specialized new enterprises; digital banking solutions encompassing mobile banking, online banking, scenario finance, and electronic channels; corporate deposit and loan services, investment banking, institutional business, cash management, and payment processing; credit cards; and private banking for high-net-worth individuals. Recent developments include the launch of the Jinyun Chain coal trading platform to enhance county-level sub-branch competitiveness and support local key projects; entry into the Renewed Huaneng Framework Agreement with Huaneng Capital in late 2024 for a three-year term starting January 1, 2025, covering entrusted loans, settlement services, fund consignment, and Yuncheng app services; execution of an Assets Transfer Agreement on August 27, 2025, with Jinyang AMC for non-performing assets valued at approximately RMB1.42 billion at a consideration of RMB310.33 million; and ongoing expansions in consumer finance through its initiated Jinshang Consumer Finance Co., Ltd. and village banking via Qingxu Jinshang Village Bank Co., Ltd., alongside H-share listing on the Hong Kong Stock Exchange in July 2019.