Industrial Bank (formerly "Fujian Industrial Bank", renamed in March 2003) was established in August 1988. It is the first batch of joint-stock commercial banks approved by the People's Bank of the State Council and China. Now it is one of the major national commercial banks in China 14, and has nothing to do with Societe Generale.

In fact, the earliest Industrial Bank was Zhejiang Industrial Bank established by 1906, and it has not changed its name until now.

2. Societe Generale:

Societe Generale was founded in 1864 and headquartered in Paris. Its listed companies are listed on the stock markets of Paris, Tokyo and new york respectively. Societe Generale is one of the largest banking groups in the world.

3. Huabao Xingye:

The full name of Fortune SGAM Fund Management Company is the joint venture fund management company of Societe Generale SA's Asset Management Company in China.

4. Industrial Securities:

Industrial Securities opened as the securities business department of Fujian Industrial Bank in May 199 1, and was reorganized as Fujian Industrial Securities Co., Ltd. in April 1994. On February 1999, it was decoupled from Fujian Industrial Bank and renamed Industrial Securities Co., Ltd.

5. Industrial Fund:

It is Industrial Fund Management Co., Ltd., and Industrial Bank is one of the shareholders of Industrial Fund.