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Founded on April 8, 1987 with its head office in Shenzhen, China Merchants Bank is the first share-holding commercial bank wholly owned by corporate legal entities. Since its establishment, the bank has undergone capital enlargement by 3 times, and launched IPO with the issuance of 1.5 billion common shares in March 2002, and was successfully listed in Shanghai Stock Exchange on April 9, 2002 (Stock trading Code: 600036 ). It is the first listed company passed external auditing appraisal based on the international accounting standard. After the conversion of capital reserve to share capital in May, 2004, The Bank's total shares have been increased to 6.4 billion. At present, the total asset of China Merchants Bank is above 600 billion yuan, and is ranked the top 200 among "the world 1000 banks" by British financial journal The Banker.