A-share Code: 601166 A-share Name: Industrial Bank No.: T 2016-06

Preferred Share Code: 360005, 360012 Preferred Share Name: IBPS1, IBPS2

Industrial Bank Co., Ltd.

Announcement on Resolutions of the 17th Session of the

8th Board of Directors

The Company and all the members of the Board of Directors warrant the truthfulness, accuracy and completeness of the announcement and will bear the joint and several liabilities for any false record, misleading statement or major omission in the announcement.

The 17th session of the 8th Board of Directors of Industrial Bank Co., Ltd. sent the notice on February 23, 2016, and was held in Fuzhou on February 29. All the 11 directors who should be present attended the session (Director Feng Xiaozhong and Director Li Liangwen entrusted Board Chairman Gao Jianping to attend the session on their behalf and to exercise their voting right, and Director Zhang Yuxia attended the session on telephone), which met relevant provisions of the Company Law of the People's Republic of China and the articles of incorporation of the Company. All the 7 supervisors of the Company's Board of Supervisors attended the session.

Presided over by Board Chairman Gao Jianping, the session deliberated and approved the 'Proposal on Engagement of Mr. Tao Yiping as President', agreeing to engage Mr. Tao Yiping as President.

Resume of Mr. Tao Yiping: Born in April 1963 and graduated from Xiamen University (majoring in Statistics) in 1984, Mr. Tao is a senior economist holding the degree of MBA. He has worked in Bank of China for years, including the 6-year service in Bank of China Group (Hong Kong). He has served as section chief of the General Plan Division of Fujian Branch of Bank of China, Senior Manager of the General Office of the Hong Kong and Macao Administration Office of BOC Group, Senior Manager of the China Business Department of Hong Kong Branch of Kincheng Bank, Director of the General Office and Chief of the Fund Plan Division of Fujian Branch of Bank of China, President of Fuzhou Shizhong Sub-branch of Bank of China, Assistant President and Vice President of Fujian Branch of Bank of China, President of Xiamen Branch of Bank of China, President of Fujian Branch of Bank of China, and President of Shandong Branch of Bank of China.

Voting result: 11 votes of consent, 0 vote of opposition, and 0 vote of waiver.

It is hereby to announce as foregoing.

Board of Directors of Industrial Bank Co., Ltd.

March 1, 2016

Industrial Bank Co. Ltd. issued this content on 01 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 March 2016 13:12:09 UTC

Original Document: http://www.cib.com.cn/en/Investor_Relations/Company_Profile/Company_Announcements/20160311_1.html