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Introduction of Xingye Financial Leasing Co., Ltd.

Xingye Financial Leasing Co., Ltd. is a national financial leasing company established by Industrial Bank Co., Ltd. (stock code: 60 1 166) with the approval of China Banking Regulatory Commission. With the approval of the company's shareholders and regulatory authorities, the company completed the capital increase on 2011,and the registered capital of the company increased to RMB 3.5 billion. The registered address of the company is Tianjin Economic and Technological Development Zone.