A-share Code: 601166 Abbreviation of A Shares: Industrial Bank Code: TEMP 2016-31

Preferred Share Code: 360005, 360012 Abbreviation of Preferred Stock: Industrial Preferred 1, Industrial Preferred 2

Industrial Bank Co., Ltd.

Announcement on Resolution of the 17th Meeting of the

6th Board of Supervisors

The Company and all members of Board of Supervisors guarantee the truthfulness, accuracy and integrity of the announcement and will be jointly and severally responsible for false account, misleading statement or material omissions of the announcement.

The 17th Meeting of the 6th Board of Supervisors of Industrial Bank Co., Ltd. was convened in Dalian on August 23, 2016. For this meeting, 9 supervisors shall be present and 9 supervisors actually attended the meeting (among them, Supervisor Li Li authorized Supervisor Xu Chiyun and Supervisor Zhang Xin authorized Supervisor Su Xijia to attend the meeting and exercise the voting right on their behalf), which was subject to Company Law and Articles of Association of the Company.

The meeting was presided by Chairman of Board of Supervisors Jiang Yunming and reviewed and passed the following proposals:

I. Proposal on Supplementing Nomination of the 6th Board of Supervisors and Members of Remuneration and Assessment Committee; it is approved that external supervisors --- Mr. Xia Dawei and Mr. Su Xijia --- are nominated as candidates of the 6th Board of Supervisors and members of Remuneration and Assessment Committee and Mr. Xia Dawei will serve as chairman of such Committee.

Voting Results: Assent 9, Dissent 0, Abstain 0

II. Proposal on Change of Board of Supervisors;

Voting Results: Assent 9, Dissent 0, Abstain 0

III. Special Audit Report on Bank-wide Advertisement;

Voting Results: Assent 9, Dissent 0, Abstain 0

The meeting also debriefed the Consolidated Statement Management Report of the Group, Report on Rectification for Audit & Management Advices of Deloitte & Touche for 2015, Case Prevention and Control Report, Report on Rectification for 2015 Regulatory Notice of China Banking Regulatory Commission and recent financial reports, liquidity management reports, risk management reports, pressure testing reports, asset quality management and control reports and the like.

Hereby Announced.

Board of Supervisors of Industrial Bank Co., Ltd.

August 24, 2016