Stock Code: 601166  Stock Abbreviation: Industrial Bank   Announcement Code: TEMP 2016-42

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

Industrial Bank Co., Ltd.

Announcement on Approval of Preparation of Yinchuan

Branch

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

Based on Rely on Preparing and Establishing Yinchuan Branch of Industrial Bank of China Banking Regulatory Commission (Yin Jian Fu [2016] No.333), the Company is allowed to prepare and establish Yinchuan Branch. The Company will appropriately conduct the preparation of Yinchuan Branch based on relevant regulations and apply to Ningxia Branch of China Banking Regulatory Commission to open the Branch after preparation is completed.

Hereby Announced.

Board of Directors of Industrial Bank Co., Ltd.

October 28, 2016