Established in 1992 and headquartered in Beijing, China Everbright Bank has been implementing a client-centered and market-oriented strategy in a prudent manner, providing quality financial services to retail and corporate clients. With a strong competitive edge in corporate, treasury, investment banking, wealth management, and mortgage businesses, the bank has made outstanding achievements through the years. In 2007, the bank launched a series of financial restructuring and received a capital injection equivalent of RMB20 billion by Central Huijin Investment Ltd. in US dollars, which substantially enhanced the bank's overall capital strength. The bank has a total of 30 branches and 426 banking outlets covering 45 major cities of 23 provinces, municipalities, and autonomous regions, with about 17,000 employees, more than 70% of whom have bachelor's degrees.