The Shanghai Joint Savings Society Building, located at No.170 Nanjing Road West, was named after the Joint Savings Society, founded in 1923 by the merger of Yienyieh Commercial Bank, Kincheng Banking corporation, the China and South Sea Bank, and the Continental Bank. It was built as a competitor for the Cathay Hotel. The building was designed by the Hungarian-Slovakian architect László Hudec in March 1931 and construction was completed in December 1934. The building is 83.8 metres tall and contains 22 stories above ground and another 2 stories underground. Built by Voh Kee Construction Company, the piling project was finished by a Danish Company established by Corrit.