On November 11, 2016, Liu Ruzhong, as our senior partnerand a perennial mainland legal adviser for Taiwan Cathay United Bank, and HuangShiyuan, a senior lawyer, were invited to the opening ceremony of Taiwan CathayUnited Bank Shenzhen branch.

Founded on May 20, 1975 in Taiwan, Cathay United Bank hasenjoyed a 40-year-old history and has become a private bank with most branchesin Taiwan . At present, it has 165 branches within the island, 11 branchesoutside the island (including Shanghai branch, Qingdao branch, Hong Kong branchwhich have been founded) and 5 representative offices, the tole capital ofwhich is NT72.1 billion dollars. It is a leader in securities servicedelivery, credit cards and wealth management in Taiwan's market and it has anoutstanding performance in the field of Asian consumer finance.

After the ceremony, Liu Ruzhong had a brief communicationwith Mr. Chen Zupei, chairman of Cathay United Bank, about the scope and waysof legal service as well as legal problems they would encounter in mainlandfinancial business.