1. Background and qualification: Industrial Bank was established in 1988 and headquartered in Beijing, China. It is one of the leading comprehensive commercial banks in Chinese mainland. It is a joint-stock bank approved by the State Council and one of the financial institutions supervised by China Banking Regulatory Commission.
2. Supervision and legal status: Industrial Bank is strictly supervised by China Municipal Government and relevant regulatory agencies, and complies with national laws, regulations and regulatory requirements. Approved by People's Republic of China (PRC), the State Council People's Bank, China People's Bank and other relevant national institutions, it is legal and reliable.
3. Industrial Bank Co., Ltd. (hereinafter referred to as Industrial Bank) was established on August 26th, 1988. It is one of the first joint-stock commercial banks approved by the People's Bank of the State Council and China. Its headquarters is located in Fuzhou, Fujian Province. After 34 years of continuous struggle and steady development, Industrial Bank has become a systemically important bank in China. It ranks among the top 20 global banks in UK 1000 and the top 200 global banks in Fortune 500, and won the title of "China Bank of the Year 2002/KLOC-0" in the UK. The ESG rating of Morgan Stanley Capital International has been rated as the highest rating of China banking industry for three consecutive years.