Shanghai Pudong Development Bank is a national joint-stock commercial bank approved by the People's Bank of China. It was established on August 28th, 1992 and its headquarters is in Shanghai. Shanghai Pudong Development Bank was approved by the People's Bank of China Yinfu (1992) No.35, In October 1992, it was established by Shanghai Finance Bureau, Shanghai International Trust and Investment Corporation, Shanghai Jiushi Company, Shenneng Co., Ltd., Baoshan Iron and Steel General Factory, Shanghai Automobile Industry Corporation, Shangling Refrigerator General Factory, Shanghai Airlines, China Textile Machinery Co., Ltd., Minhang United Development Co., Ltd., Jinjiang (Group) Associated Company, Lujiazui Financial and Trade Zone Development Company, Waigaoqiao Bonded Zone United Development Co., Ltd., Shanghai Petrochemical General Factory, Jinqiao Export Processing Zone Development Company, Shanghai Shenshi Company, Shanghai No.1 Department Store Co., Ltd., Shanghai Railway Bureau and other 18 units as sponsors are joint-stock commercial banks established by directional fundraising.

1. Main business

1. Absorbing public deposits, issuing short-term, medium-term and long-term loans, handling settlement, discounting bills, issuing financial bonds, acting as an agent, acting as an agent for payment, underwriting government bonds, buying and selling government bonds, inter-bank lending, providing letter of credit services and guarantees

2. Acting as an agent for payment and insurance agency business

3. Providing safe deposit box services

. Foreign exchange loans; Foreign exchange remittance; International settlement of foreign exchange; Inter-bank foreign exchange borrowing

5. Acceptance and discount of foreign exchange bills

6. Foreign exchange borrowing

7. Foreign exchange guarantee

8. Settlement and sale of foreign exchange

9. Buying and selling foreign currency securities other than stocks

1. Self-operated foreign exchange trading

11. Foreign exchange trading on behalf of customers

12. Witness business

13. offshore bank

14. Securities investment fund custody business

15. National social security fund custody business

16. Other businesses approved by the People's Bank of China and China Banking Regulatory Commission

2, Personal business

1. savings and financial management savings bonds (electronic), savings and square money

2. investment and financial management, third-party depository business

3. information service, timely language

4. loan financing, financial management mortgage, personal housing loan and personal consumption loan

5. online payment.

III. Corporate business

includes Pudong Development Bank, supply chain financing, pension business, cash management, asset custody and offshore banking.

IV. Red envelope business

1. With the explosive popularity of Internet finance, the flying of Internet red envelopes has become an indispensable new scene in the Spring Festival. In 215, not only WeChat red envelopes, but Alipay red envelopes also joined the "national unpacking" camp. In addition to the red envelope activities in the Internet finance industry, traditional commercial banks have also joined the ranks with mobile terminals.

2. The credit card of Shanghai Pudong Development Bank became the only bank that cooperated with Alipay. On February 12 and 14, 214, Shanghai Pudong Development Bank issued 1 million red envelopes to all consumers through Alipay channels as an exclusive cooperative bank. This also made PUFA the first enterprise to break through the barriers of Ali and Tencent in this year's red envelope war and successfully realize the dual use of Alipay and WeChat.

3. Consumers, regardless of whether they hold Pudong Development Credit Card or not, only need to log in to Alipay wallet client to participate in interactive games within the specified time period on the day of the event, and then they can grab the red envelope.