Overseas Chinese Wing Hang Bank (China) Co., Ltd., as a foreign bank, is headquartered in Shanghai and its shareholder is Wing Hang Bank Co., Ltd., which is a bank headquartered in Hong Kong. Overseas Chinese Wing Hang Bank, as a foreign bank, conducts banking business in China and is supervised by China Banking Regulatory Commission. Foreign banks play an important role in China's banking industry, providing support and services for China's economic development and financial market internationalization.