The six largest commercial banks in China of China People's Bank refer to six national joint-stock commercial banks, namely China Merchants Bank, Huaxia Bank, China CITIC Bank, Industrial Bank, Shanghai Pudong Development Bank and Minsheng Bank. China Merchants Bank was established on April 8, 1987. It is the first joint-stock commercial bank in China headquartered in Shenzhen. Established by Hong Kong China Merchants Group Co., Ltd., with the shareholding ratio of 18.03% as the largest shareholder. Since its establishment, China Merchants Bank has increased its capital and shares four times, and successfully issued 654.38+0.5 billion ordinary shares in March 2002, and listed on the Shanghai Stock Exchange on April 9 (stock code: 600.036), becoming the first listed company in China to adopt international accounting standards.