FAQs

1. When was Industrial and Commercial Bank of China Limited duly incorporated?
Industrial and Commercial Bank of China was established on January 1, 1984. On October 28, 2005, Industrial and Commercial Bank of China was restructured from a wholly state-owned commercial bank to a joint stock limited company in whole and is renamed to INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED (ICBC).

2. When was ICBC listed?
ICBC was simultaneously listed on the Stock Exchange of Hong Kong Limited and Shanghai Stock Exchange on October 27, 2006.

3. Where is the ICBC's stock traded? What is the stock code?
ICBC's H-share is traded on Main Board of Stock Exchange of Hong Kong Limited with the stock code 1398.HK.
ICBC's A-share is trade on Shanghai Stock Exchange with the stock code 601398.

4. Who is the share registrar of ICBC?
H share registrar and transfer office is Computershare Hong Kong Investor Services Limited.
A share registrar is Shanghai Securities Central Clearing and Registration Corporation Limited.

5. What accounting standards does ICBC adopt?
ICBC applies PRC GAAP in our daily business operation. However, since we are listed in Hong Kong, ICBC adopts IFRS disclosure of financial information.

6. Who is the external auditor of ICBC?
ICBC appointed Ernst & Young Huaming as external auditor for financial statements of 2006 under PRC GAAP.
ICBC appointed Ernst & Young as external auditor for financial statements of 2006 under IFRS.

7. Who are ICBC's controlling shareholders?
ICBC's controlling shareholders are the Ministry of Finance, PRC, and Central Huijin Investment Company.

8. Who are controlled enterprises of ICBC?
ICBC has a controlling interest in ICBC Credit Suisse Fund Management Co., Ltd, ICBC (Asia), and ICEA Finance Holdings Ltd.;
ICBC's wholly owned subsidiary banks are Industrial and Commercial International Capital Ltd., ICBC (London), and ICBC (Almaty) Company.