Shaanxi Qinnong Rural Commercial Bank Co., Ltd. (QRC), established on May 28, 2025, is a provincial agricultural and commercial bank established by a new merger on the basis of the former Rural Credit Cooperation Association of the six Districts of Xi’an.

By the end of June 2023, the registered capital of the bank was 8.826 billion RMB, ranking in the forefront of the national agricultural and commercial banks, with total assets of 437.485 billion RMB, 451 business outlets in urban and rural areas of Xi’an and wholly-owed holding of two county-level agricultural and commercial banks. Since its establishment, the QRC bank has actively explored the development path of commercial banks in line with the law of the development of agricultural commercial banks, successively merged and reconstructed the rural credit cooperation cooperatives of various districts and counties in Xi’an, and took the lead in establishing the Silk Road Agricultural and Commercial Bank Development Alliance.

Strive to create a mainstream bank for rural revitalization, a bank aims to become partner of customers and earn their trust , a bank values and satisfies shareholders , a comfortable growth bank for employees, a digitally driven smart bank, and a socially recognized “six features banks”. Fully support the local economic and social development of Shaanxi.

QRC bank has been awarded as one of the top 100 enterprises in China’s banking industry, also as one of the advanced collective of internal audit in China, and won the honors of “Shaanxi most influential Bank of Brand” and ” excellent financial institutions supporting the construction of the Belt and Road Initiative in Shaanxi Province.”.

QRC bank always adhere to stable operation. Contributing to the win-win development of economy, society and environment zealously, while seeking its own high-quality development. In order to fully implement the major strategic decision-making goal of “carbon peak and carbon neutrality”, the board of director determine a particular goal in terms of green finance annually, review the green finance reports at fixed periods, as well as make the relevant duties of ESG to be involved in the strategy committee of the board in the first half of year 2023.The board of director also formulate “The Green Financial Development Plan of Shaanxi Qinnong Rural Commercial Bank Co., Ltd. (2023-2025)”, which scientifically plan the stable and compliant development of the bank’s green financial business. In the meanwhile, the bank’s senior management take full advantage of local small and medium bank, in order to promote the green finance business to achieve scope expending, quantity increasing as well as quality enhancing, build green financial system, which can reflect the distinctive features of QRC bank, thereafter to promote concerted efforts to cut carbon emissions, reduce pollution, expand green development, deepen the drive of green financial innovation and start a new voyage of high-quality sustainable development.

Summary of sustainable development strategy:
1. Adhere to the green strategy and improve the organizational structure constantly.
2. Build a strategic policy system and strengthen the guarantee of business mechanism.
3. Strengthen the construction of green culture and promote sustainable and healthy development.
4. Build a supporting business system and strengthen the innovation of business services.