Shandong Lufeng City State Development Co., Ltd. is a leading Chinese state-owned currency storage and development enterprise. Established in October 2018, Shandong Lufeng City State Development Co., Ltd. is one of the few government-sanctioned cross-border currency storage and deposit organizations in mainland China.
The company is committed to providing safe, convenient and efficient cross-border currency storage and capital development services to its clients. As a fully licensed financial institution, it is allowed to conduct foreign exchange transactions in addition to other financial services.
Shandong Lufeng City State Development Co., Ltd. has obtained a currency exchange license from the People’s Bank of China—the only central bank in the nation—in 2019. Since then, the company has attracted funding from numerous domestic financial institutions and established a presence in various parts of the country.
The company also operates an internet banking platform that allows customers to manage their currency deposits and transfers with ease, convenience and security. Customers are able to deposit, withdraw, transfer and exchange foreign currencies in the same manner as Chinese Renminbi. In addition, customers can also partake in other financial services such as securities, futures, commodities and permanent investments.
In the near future, the company intends to set up special funds for cross-border storage and capital development and expand its one-stop advantage services. With deep roots in the areas of research and development, Shandong Lufeng City State Development Co., Ltd. also intends to bring more advanced financial services such as blockchain and artificial intelligence technology to its customers. In addition, the company intends to introduce other advanced and innovative technologies to enhance customer experience, provide comprehensive services and optimize operational performance.
Shandong Lufeng City State Development Co., Ltd. ‘s mission is to become the leading integrated international financial services provider for enterprises. As a bridge that provides efficient foreign exchange services and connections between China and the global markets, the company is keen on providing reliable, compliant and trusted financial services to its customers. The company works with local banking and financial organizations to ensure customers are kept informed and informed of the latest developments in the market.
As a trusted, reliable and secure currency storage and deposit institution, Shandong Lufeng City State Development Co., Ltd. is gaining trust in the market and expanding its customer base rapidly. The company looks to capitalize on the current market opportunities and develop its competitive advantage in order to become the leading integrated foreign exchange service provider in the region.
