The Company and all members of the Board of Directors hereby warrant that the information contained in this announcement is true, accurate and complete, and assume joint and several liabilities for any false representation, misleading statement or material omission.
Pursuant to the “Reply on Approving the Industrial Bank to Open Hohhot Branch” (YJF[2010] No.10) issued by the Inner Mongolia Bureau of China Banking Regulatory Commission, the Company has obtained approval to open its Hohhot Branch. The Hohhot Branch will go through relevant opening procedures in accordance with relevant requirements.Board of Directors
Industrial Bank Co.,Ltd.
21 January, 2010