Introduction    User's Guide

【Introduction】

Personal Wealth-Management-Product-Pledged loans refer to a type of credit service offered by the Industrial Bank. Specifically, the borrower pledges the rights of benefit to wealth management products (RMB and foreign currency) bought from the Industrial Bank in his/her own name in return for a loan from the Industrial Bank, which should be repaid with interest when the term is due.

【User's Guide】

Application Terms and Conditions

1.Applicants are required to be citizens of the People's Republic of China (excluding Hong Kong, Macau and Taiwan citizens) aged from 18 (inclusive) to 60 (inclusive) years old, and that possess the necessary civil capacity;

2. Applicants are required to have the capacity to repay loans and have a sound credit record;

3. Applicants should pledge the rights of benefit to wealth management products (RMB and foreign currency) purchased in his/her own name from the Industrial Bank;

4. Applicants are required to adhere to other terms and conditions stipulated by the Industrial Bank.

Pledged rights of benefit to wealth management products (RMB and foreign currency) should also meet the following conditions:

1. Early redemption has not been carried out;

2. The wealth management products are not involved in any ownership dispute, are not already hypothecated and have not been frozen/suspended for payment by law;

3. The agreement originally signed for the RMB and foreign currency finance products for which the rights of benefit are to be pledged (hereinafter referred to as “Agreement”) does not have any stipulations that could render the pledge invalid, such as prohibiting transfer and pledge;

4. The applicant is required to adhere to other terms and conditions set stipulated by the Industrial Bank.

Loan Limit, Tenure & Interest Rate

1. The loan limits are as follows:

Where the Wealth-Management-Product-Pledged loans is taken out with principal-guaranteed wealth management products, the maximum pledge rate of wealth management products in RMB is 90% and the rate for products in foreign currency is 80%;

Where the Wealth-Management-Product-Pledged loans is taken out with trust-combined credit-asset-transfer-based welth management products with trusts set-up for existing IB credit assets or trust-combined credit-asset-transfer-based wealth mamagement products for which other banks assume joint and severe guarantee liabilities, the maximum pledge rate shall be 60% for eligible products;

2. For wealth management products in RMB and foreign currency with a term of no more than one year, the maximum tenure of Wealth-Management-Product-Pledged loans shall not exceed one year, and cannot exceed the maturity date of the pledged wealth management products in RMB and foreign currency. For wealth management products in RMB and foreign currency with a term of more than one year, the tenure of Wealth-Management-Product-Pledged loans may be extended accordingly, but the maximum loan tenure cannot exceed three years and cannot exceed the maturity date of the pledged wealth management products in RMB and foreign currency.

3. The benchmark loan interest rate of the relevant class in period in question set by the People's Bank of China applies to Wealth-Management-Product-Pledged loans, and is subject to fluctuation within specified limits.

Loan Repayment

Principal and interest due shall be repaid on a lump-sum basis by means of equal principal repayment, or in such a manner as accepted by the Industrial Bank.

Application Documents

1. Application Form for Personal Pledge Loan from the Industrial Bank;

2. Valid proof of identity and proof of residence;

3. Original of the customer's copy of the Agreement to be pledged and settlement account of finance products;

4. Other documents required by the Industrial Bank.

(The information above is for reference only. Please refer to the specific regulations of your local IB branch for details. Please consult your local IB organization before making an application.)