Industrial Bank was established in August 1988. It is one of the first batch of joint-stock commercial banks approved by the State Council and the People's Bank of China. Its head office is located in Fuzhou City, Fujian Province. It was officially listed on the Shanghai Stock Exchange on February 5, 2007 (

Stock code: 601166), with a registered capital of 5 billion yuan.

Industrial Bank's business scope includes: deposits and loans; domestic and foreign settlements; bill acceptance and discounting; issuance of financial bonds; agency issuance, agency redemption, and underwriting of government bonds; buying and selling of government bonds and financial bonds; interbank lending; buying and selling, and agency buying and selling of foreign exchange; banking

Card business; letter of credit services and guarantees; agency collection and payment and insurance agency business; safe deposit box services; foreign exchange settlement and sales business; short-term financing bill underwriting, fund custody, financial derivatives transactions, etc. and others approved by the Banking Regulatory Authority of the State Council

Business.

Since its opening, Industrial Bank has always adhered to the business philosophy of "development and mutual growth" with customers and "service comes from sincerity", and is committed to providing customers with comprehensive, high-quality and efficient financial services.

As of the end of 2006, Industrial Bank's total assets were 617.704 billion yuan, shareholders' equity was 16.2 billion yuan, and its net profit in 2006 was 3.798 billion yuan.

According to the ranking of China's top 100 banks first released by the British "Banker" magazine in June 2006, Industrial Bank's average capital profit margin ranked first among all national banks, and its tier one capital and total assets both ranked tenth in the country.

In the latest ranking of the top 1000 global banks published by the magazine in July of the same year, the Bank ranked 164th in terms of total assets, an increase of 46 places from the previous year, and ranked among the top 200 in the world for the first time; it ranked 297th in terms of Tier 1 capital.

An improvement of 28 places compared with the previous year.

Industrial Bank has established branches in Beijing, Shanghai, Guangzhou, Shenzhen, Nanjing, Hangzhou, Tianjin, Shenyang, Zhengzhou, Jinan, Chongqing, Wuhan, Chengdu, Xi'an, Fuzhou, Xiamen, Taiyuan, Kunming, Changsha, Ningbo, Wenzhou, Dongguan, Foshan,

It has established 34 branches and more than 300 branches in major cities across the country such as Wuxi, Nanchang, Hefei, and Urumqi, and has established capital operation centers, credit card centers, retail banking management headquarters, asset custody departments, large customer business departments and

The investment banking department and other operating institutions of the head office have established online banking "Online Industrial" (www.cib.com.cn) and telephone banking "95561", and launched a new mobile banking "Wireless Industrial" (wap.cib.com.cn)

, established agency banking relationships with more than 800 banks around the world.

As of February 5, 2007, the top ten shareholders are: Fujian Provincial Department of Finance, Hang Seng Bank Co., Ltd., Tetrad Ventures Pte Ltd, China Cereals, Oils and Food (Group) Co., Ltd., International Finance Corporation, China Electronics Information Industry Corporation,

Baosteel Group Co., Ltd., Fujian Tobacco Company, Shanghai Guoxin Investment Development Co., Ltd., and Septwolves Investment Co., Ltd.