China Development Financial

China Development Financial Holding Corporation (CDF) was established in 2001 following a share swap managed by China Development Industrial Bank (CDIB). It is the only financial holding company in Taiwan that focuses mainly on industrial banking. Along with its key subsidiaries, CDIB and Grand Cathay Securities Corporation (GCSC) and KGI Securities (KGI), CDF has enjoyed its leading position in the venture capital market and investment banking business in Taiwan. CDF currently provides a full range of integrated financial services spanning principal investment, corporate banking, global financial market, and securities business. Its principal investment business is the largest in Taiwan and commands a 30% share of the market. This makes CDF stand out among local financial holding companies which mainly focus on consumer banking or insurance. Over the past 50 years, CDF has not only established a close-knit industrial network, but also has been an important driving force in the process of Taiwan's industrial development. The Company has accumulated over 50 years of experience in principal investment, and most of the clients in whom CDF invested have successfully extended their reach from Taiwan to Greater China, as well as to other major markets worldwide. While following a "Taiwan First" philosophy that puts Taiwan in top priority, CDF will also actively deploy its extensive network across Greater China in the future, moving towards the goal of becoming a first-tier, world-class financial institution.