Deutsche Bank AG

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Its 65,500 employees serve clients in 73 countries worldwide. The bank first established a presence in China in 1872 with the opening of an office in Shanghai. With over 1,000 employees, Deutsche Bank now maintains branch offices in Beijing, Shanghai, Guangzhou and Hong Kong.

The bank offers its clients a wide range of financial services from cash management and trade finance to capital markets products and corporate finance.

In October 2005, Deutsche Bank signed an agreement with Hua Xia Bank, one of the most competitive domestically listed companies in the Chinese financial sector. Both Deutsche Bank and Hua Xia Bank cooperate in credit cards, in highnet-worth client business and in the distribution of investment products.

In March 2005, the bank announced its entry into the growing China fund management market via a joint venture with Harvest Fund Management Co., Ltd, one of China’s leading asset management companies. The agreement created the largest foreign joint venture fund management company in China and demonstrates Deutsche Bank’s strong commitment to this market.