Public Financial Holdings Limited (Hong Kong SAR, China)

Public Financial Holdings Limited, formerly known as "Japan Credit Guarantee Group," is an investment holding and property holding company registered in Bermuda on August 16, 1991. Its shares are listed on the Hong Kong Stock Exchange (stock code: 626). Public Financial is a subsidiary of Public Bank, holding a 73.2% stake, with Public Bank's shares listed on the Malaysian Stock Exchange. The main subsidiaries of Public Financial include Public Bank (Hong Kong) Limited, Public Finance Limited, and United Asia Finance Limited. Public Bank (Hong Kong) Limited is a commercial bank registered under the Hong Kong Banking Ordinance and regulated by the Hong Kong Monetary Authority. It was formerly known as "Asia Commercial Bank Limited" and was established in 1934. In May 2006, it was acquired by Public Financial and officially renamed Public Bank (Hong Kong) Limited. Public Bank (Hong Kong) currently has 30 branches in Hong Kong, one branch and four sub-branches in Shenzhen, China, and representative offices in Shanghai and Shenyang. It provides comprehensive commercial and retail banking services, dedicated to serving customers in Hong Kong and mainland China for over 80 years. Public Finance Limited, formerly known as "Japan Credit Guarantee Finance Limited," was registered in Hong Kong on October 20, 1977, and registered as a deposit-taking company under the Banking Ordinance on January 31, 1978. Public Finance was acquired by Public Bank in 1990 and became a wholly-owned subsidiary of Public Financial when it listed on the Hong Kong Stock Exchange in 1991. In January 2006, Japan Credit Guarantee Finance Limited was officially renamed Public Finance Limited. In October 2008, as part of the group's internal restructuring, Public Finance became a wholly-owned subsidiary of Public Bank (Hong Kong) Limited. Its main businesses include accepting deposits, personal and commercial loans, mortgage loans, leasing investment properties, and providing financing to taxi buyers. Public Finance actively expands its market share and enhances its market leadership, with a comprehensive network of 40 branches, making it the deposit-taking company with the most branches in Hong Kong. United Asia Finance Limited was registered in Hong Kong on October 19, 1971. It is a licensed money lender, primarily engaged in providing personal loans, mortgage loans, and financing services for taxis and public light buses. Currently, United Asia Finance has a total of three branches in Hong Kong. Public Financial and its subsidiaries, collectively known as the Group, have approximately 1,200 employees who are committed to providing services to customers anytime and anywhere.