China Guangfa Bank Co., Ltd. was established on July 8, 2008, with its registered place at No.713 Dongfeng East Road, Yuexiu District, Guangzhou, and its legal representative is Wang Kai. The business scope includes absorbing public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds, financial bonds and other securities; Engage in interbank lending; Providing letter of credit services and guarantees; Engaged in bank card business; Acting for payment and insurance agency business; Provide safe deposit box service; Foreign exchange deposits and loans; Foreign exchange remittance; Foreign currency exchange; International settlement; Settlement and sale of foreign exchange; Inter-bank foreign exchange lending; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Buying and selling foreign currency securities other than stocks and acting as an agent; Issuing and acting as an agent to issue foreign currency securities other than stocks; Self-operated and valet foreign exchange transactions; Acting as an agent for issuing and paying foreign credit cards; Offshore financial business; Credit investigation, consultation and witness business; Other businesses approved by China Banking Regulatory Commission.