IB’s corporate culture
In 2006, the Industrial Bank (IB) issued a Cultural Program of Industrial Bank to build its cultural system. With the corporate vision of “first-class bank, century-old industry” and the corporate mission of “sincere service and common development”, IB always adheres to the core values of “rationality, innovation, people-oriented practice and shared benefits”, inherits the corporate spirit of “pragmatism, dedication, start-up and team work”, strives to build a cultural brand with industrial characteristics, practices the initial mission of “exploring ways for reform and opening up and making more contributions to the economic development”, and makes its due contributions to the promotion of high-quality development.
IB’s policy of anti-corruption
The Industrial Bank (IB) has been adhering to strict governance in an all-round way, built a supervision system that integrates stationed supervision, supervisory supervision, supervision through patrol inspection and auditing supervision, and continued to improve the integrity risk prevention and internal governance system in strict accordance with such national laws and regulations as the Criminal Law of the People’s Republic of China, the Supervision Law of the People’s Republic of China, the Regulations on the Implementation of the Supervision Law of the People’s Republic of China, who actively cultivated a clean financial culture. IB holds a special meeting every six months to hear reports on strict governance of the CPC and build a clean and integrity governance and anti-corruption work. Institutions at all levels of the Bank have set up their disciplinary inspection departments respectively to keep a close eye on the integrity risks of “key minorities” and key areas, and organically integrated the integrity risk prevention into the internal governance.
The Industrial Bank (IB) has continued to promote the implementation of rules and regulations such as the Manual of the Industrial Bank on Employees’ Compliance, the Measures of the Industrial Bank on the Management of Employees’ Abnormal Trading Behaviors, the Thirteen Prohibitions of Industrial Bank on Employees’ Behaviors, the Measures of the Industrial Bank on the Prevention of Corruption Cases and the List of Major Negative Behaviors of important posts, and explicitly prohibited employees from asking for and accepting bribes or accepting rebates in various names in violation of national regulations, as well as offering bribes or participating in benefit transmission and insider trading.In 2025, the bank carried out 546 training sessions on anti-corruption policy, covering employees at the 210,200 persons/times throughout the Bank.
CIB’s Anti-bribery and Anti-corruption Policy
The code of ethics
The Industrial Bank (IB) has formulated the Code of the Industrial Bank on Professional Ethics of Directors, Supervisors and Senior Executives to strictly regulate the professional ethics of its directors, supervisors and senior managers.
IB has made the professional integrity and code of conduct of employees an important part of its human resources management and has issued a number of systems, such as the Measures of the Industrial Bank on the Management of Staff Recruitment, Measures of the Industrial Bank on the Management of Labor Dispatch Employment, Measures of the Industrial Bank on the Management of Outsourced Personnel-related Risks, Guidelines of the Industrial Bank on Job Specifications for Employees’ Life-Cycle Management and Measures of the Industrial Bank on the Management of Employees’ Abnormal Behaviors, to strictly control the admission of employees and strengthen staff management.IB has conducted an audit survey on the management of abnormal behavior of employees to evaluate the control of moral hazard of employees.
Strengthening Professional Ethics of Employees
◆ IB has formulated and issued the Thirteen Prohibitions of the Industrial Bank on Employee Conducts. IB sorts out and analyzes financial cases and risk events in the banking industry, explains thirteen types of strictly prohibited conducts of employees from the legal perspective, involving the prohibitions against violations of laws and regulations such as employees’ engagement in bribery, insider trading, tunneling, illegal fund-raising or running of businesses, and clarifies the “red line” that employees are explicitly prohibited to cross.
◆ IB has organized all employees (including labor dispatching personnel) to sign the Commitment Letter of Knowing the Prohibitions. IB requires all employees to be familiar with and abide by the prohibitions, and ensures that 100% of new employees sign the Commitment Letter of Knowing the Prohibitions and file it as part of the employment contract materials when they are enrolled.
◆ IB has continuously carried out various learning activities for the publicity and implementation of the prohibitions. IB organizes every employee across the whole Bank (including labor dispatching personnel) to receive at least one prohibition warning education in various forms every year, including special training and study, organizing examinations, posting the prohibitions and printing manuals, etc., so as to urge employees across the whole Bank to deeply understand the connotation, significance and requirements of the prohibitions, fully realize the harm and consequences of various violations of laws and regulations and firmly build employees’ awareness of compliance and trustworthiness.
Strengthening the Construction of Corporate Compliance and Integrity Culture
◆ The Board of Directors of the Bank is responsible for reviewing and approving the Bank’s compliance policies, supervising their implementation, and conducting regular research and evaluation on the soundness, rationality and effectiveness of internal control. The senior management supervises the internal control of compliance risk, implements relevant requirements for anti-money laundering and anti-terrorist financing, and urges timely remediation of problems in business decision-making, risk management and internal control.
The Bank provides tiered and categorized training on managing employee misconduct for newly hired staff, sub-branch presidents, and newly appointed middle-level managers. The training focuses on typical violation cases and provides in-depth interpretation of policies such as the Employee Compliance Manual, guides employees at all levels to firmly establish a bottom-line mindset on compliance and a strong sense of responsibility. This ensures that employees receive timely, professional, and accurate guidance when encountering business ethical questions in their work.
To consolidate the effectiveness of compliance learning, the Bank actively organized online compliance training and launched an interpretive course on the Rules on Compliance Management of Financial Institutions to clearly communicate the core requirements of compliance management. It also organized the “Quan Xing Xue-Compliance Awareness Promotion” thematic study program, achieving full coverage of all employees. This further strengthened employees’ proactive compliance awareness, comprehensively enhanced the Bank’s compliance operation capabilities, and supported sustainable and compliant business development. In 2025, online training courses related to compliance and business ethics within the Group recorded a cumulative total attendance of 400,292.
Meanwhile, the Bank continued to advance the “Integrity Industrial” culture, launched dedicated sections on the “Xingzhi” online learning platform, including “Study and Education on Thoroughly Implementing the Eight-Point Decision on Improving Party and Government Conduct” and “Clean Financial Culture Promotion Month”. It also conducted integrity education and anti-commercial bribery and anti-corruption training for all employees to fully harness the role of education in addressing issues at the root. A total of 93 high-quality courses were developed, with over 166.5 thousand participants.
◆ The Bank continued to strengthen integrity discipline supervision, comprehensively utilized the four forms of discipline compliance supervision, strictly abode by rules, discipline and laws, firmly and prudently investigated and handled cases of violations of discipline and law, and continuously strengthened self-building. It implemented plans, put ideas into practice, systematized fragments, institutionalized experience, and improved the effectiveness of policies, thereby providing strong support for high-quality development. The Bank stepped up integrity risk supervision with respect to the “key few” and key areas, properly integrated integrity risk prevention into internal governance, developed the inspection and remediation supervision system, strengthened big data and technological means to assist in case handling, continuously refined the supervision mechanism and supervision policy system, strengthened the comprehensive business training of discipline inspection officials, and enhanced their duty performance.
Strictly adhering to the redline of compliance and regulating the operation with credit
IB adheres to the concept of “giving priority to law compliance in pursuing development”, continues to reinforce the concept of compliance in operation, and continuously improves the long-term mechanism of internal management in risk and compliance control with the implementation of the “IB Rule of Law” as the main line. Both IB and its subsidiaries strictly comply with national laws and regulations as well as the compliance requirements of regulatory authorities, focusing on the management of key business to guarantee high-quality development.
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Construction of the corporate governance related to compliance and internal control |
The IB Board of Directors is responsible for reviewing and approving the compliance policies and supervising their implementation, and regularly studying and evaluating the soundness, reasonableness and effectiveness of internal controls; The executive management supervises the internal control of compliance risks and implements the requirements related to anti-money laundering and anti-terrorist financing; and urges the correction of problems identified in operating decision-making, risk management and internal controls in a timely manner. |
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Construction of the compliance System |
IB has formulated and implemented the Manual of the Industrial Bank on Employees Compliance, the Measures of the Industrial Bank on the Management of Abnormal Employees Transactions, the Thirteen Prohibitions of the Industrial Bank on Employees Behaviors, the Measures of the Industrial Bank on Case Prevention Work Management, the Management Measures of the Industrial Bank on the Management of Outsourced Personnel-related Risks and the Guidelines of the Industrial Bank on Employees Life-Cycle Management Standard, to further improve the compliance and internal control management system. |
Strengthening compliance governance
The Board of Directors of the Bank is responsible for reviewing and approving the Bank’s compliance policies, supervising their implementation, and conducting regular research and evaluation on the soundness, rationality and effectiveness of internal control. The senior management supervises the internal control of compliance risk, implements relevant requirements for anti-money laundering and anti-terrorist financing, and urges timely remediation of problems in business decision-making, risk management and internal control. In December 2024, the Bank prepared the 2024 Annual Compliance and Internal Control Management Work Report and presented it at the fifth meeting of the 11th Board of Directors.
Business ethics and code of conduct
The Bank has clearly stipulated in the Industrial Bank Employee Compliance Manual, the Thirteen Prohibitions on Employee Behaviors of Industrial Bank, the List of Major Negative Behaviors for Important Positions, the Administrative Measures for Abnormal Employee Behavior of Industrial Bank and other policy documents that employees are strictly prohibited from engaging in illegal behaviors and behaviors that violate business ethics. The Bank has also continuously strengthened employee compliance promotion, warning and education, enhanced employees’ compliance awareness, and defined the bottom line of business ethics.
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Strengthening the management of key personnel |
The Bank has strengthened the implementation of the Code of Professional Ethics for Directors, Supervisors and Senior Management Members of Industrial Bank Co., Ltd. to strictly regulate the professional ethics of directors, supervisors and senior management members. During the reporting period, the Bank compiled the Basic Management Work Manual for Heads of Community-level Operating Institutions and the List of Major Negative Behaviors for Important Positions to define prohibited behaviors and provide basic guidance and regulatory requirements for the professional behavior of employees in various positions. |
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Investigating abnormal employee behavior |
The Bank has combined online and offline methods to continuously investigate abnormal employee behavior, promoted various institutions within the jurisdiction to strengthen the management of abnormal employee behavior, and taken strict measures against violators. The Bank has adopted the model of “comprehensive risk investigation + special governance + long-term mechanism development” to carry out special work on employee abnormal behavior compliance governance. Based on major concerns of regulators and business priorities, the Bank has reviewed the key risk points of abnormal employee behavior. |
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Employee behavior internal control assessment |
The Bank has incorporated employee behavior management into the Bank-wide compliance and internal control assessment, linked compliance performance with the compliance and internal control assessment, and effectively carried out the assessment for institutions at all levels. It has continued to strengthen the accountability management of abnormal employee behavior, defined the red line and bottom line, enhanced the initiative and proactiveness of violation accountability, and given full play to the deterrent effect of accountability on employees’ serious violations and misconduct. |
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Consultation on business ethics issues |
The Human Resources Department and the Legal and Compliance Department of the Bank, as the main management departments for abnormal employee behavior, provide professional support for all employees in consulting and understanding matters related to business ethics in their daily work, continuously carry out compliance promotion, warning and education throughout employees’ life cycle, and promote professional ethics and values of honesty and uprightness. The Audit Department of the Bank implements continuous audit supervision on abnormal employee behavior through daily supervision and institutional audit projects. |