Hua Nan Financial Holdings Co. Ltd. was established on December 19, 2001, to provide integrated financial services to our customers. It is listed on Taiwan Stock Exchange under the stock code 2880. Although HNFHC was formed in 2001, our group history can be traced nearly a century ago back to 1919, the foundation of Hua Nan Commercial Bank, the flagship entity of HNFHC.

Hua Nan Commercial Bank (HNCB), was one of the three government affiliated banks and with its strength in corporate banking, forms a solid foundation of HNFHC. Over the years, HNCB has accumulated about 5.6 million clients and 182 domestic branches. HNCB wrote off bad loans to the tune of NT$52.6 billion in 2002 to improve its asset quality and pave the way for long-term development that prompted other financial institutions to follow our moves. In the following years, HNFHC has led its peers in ushering a new era of financial services by merging four sub-branches of the industry-commercial banking, investment banking, insurance and asset management.

As of end of 2006, HNFHC has 8 subsidiaries, including HNCB, Hua Nan Securities, Hua Nan Bills Finance, South China Insurance, Hua Nan Investment Trust, Hua Nan Venture Capital, Hua Nan Management Consulting Company and Hua Nan Asset Management Company. The common goal of these companies is to provide comprehensive, superb services while maximizing shareholders value. As of the end of 2006, HNFHC boasts an asset of NT$1,675 billion, an equity capital of NT$59.7 billion, 9,618 employees, and 280 domestic and 9 global outlets and offices.