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| 背面描述 | The reverse is executed entirely in blue-violet and composed of elaborate guilloche lathe-work throughout. A large numeral 20 occupies the centre within a multi-layered rosette underprint, flanked by secondary numerals 20 at each side and by two large circular guilloche rosettes at the outer edges. The bank name THE CENTRAL BANK OF CHINA arcs across the top in a curved ribbon panel, and TWENTY CENTS appears in a cartouche at the lower centre, with two facsimile signatures below — one for the General Manager and one for the Assistant General Manager — and the printer's imprint at the foot. |
| 背面铭文 | THE CENTRAL BANK OF CHINA TWENTY CENTS GENERAL MANAGER ASS'T. GEN. MANAGER CHUNG HWA BOOK CO, LTD. |
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The Central Bank of China's 1931 small-denomination issues were printed domestically by Chung Hwa Book Co., a Shanghai firm better known for textbooks and commercial printing that had moved aggressively into banknote work during the Nationalist period. The quality of Chung Hwa's intaglio work was competent but noticeably below what De La Rue or American Bank Note Company was producing for Chinese issuers at the same time.
By 1935, the fabi currency reform effectively superseded these fractional notes, and much of the remaining stock was withdrawn rather than worn out through circulation — which makes genuinely circulated examples more characteristic of the issue than uncirculated ones.