May. 2007: The Legal and Compliance Department  of the Industrial Bank was officially established.

November, 2007: The development of an overall compliance management system began at head office.

May, 2008: The overall compliance management system officially began trial operation.

June, 2008: The basic policy of IB’s compliance management—IB Compliance Management System was deliberated by the Board of Directors and issued and implemented in all departments of the bank.

June, 2008: The promotion of the overall compliance management project was completed in the Shanghai branch and Chongqing branch.

November, 2008: The promotion of the overall compliance management project was completed in the Shenzhen, Guangzhou, Chengdu, Changsha, Nanchang, Kunming and Nanning branches.

April, 2009: The promotion of the overall compliance management project was completed in the Xi’an, Tianjin, Zhengzhou, Jinan, Xiamen, Taiyuan, Hefei, Qingdao, Dalian and Harbin branches.

March, 2009: Compliance supervision trials were launched in the Shenzhen, Shanghai and Chongqing branches.

July, 2009: A report was given at the Ministry of Finance on the development of the overall compliance management system and the implementation of the Basic Standard for Enterprise Internal Control

August, 2009: Seminar on anti-money laundering throughout the bank was held in Chengdu.

August, 2009: Six branches of the Industrial Bank completed the promotion of overall compliance management system, including the Hangzhou, Nanjing, Wuhan, Shenyang, Ningbo and Urumqi branches.

November, 2009: Eight branches of the Industrial Bank completed the promotion of overall compliance management system, including the Beijing, Fuzhou, Quanzhou, Longyan, Putian, Zhangzhou, Ningde, Sanming and Nanping branches.

November, 2009: the Meeting of Experience Exchange on Compliance Supervision held in Chongqing.

November, 2009: the Meeting of Experience Exchange on Compliance Supervision was held in Chongqing. The meeting was attended by leaders from the China Banking Regulatory Commission (CBRC) and 25 branches of the Industrial Bank.

Pilot Construction Work for the Internal Control Compliance Management System has been carried out at the Nanjing and Chongqing branches since April 2010.

The 2010 Seminar on Suspicious Transaction Analysis of Anti-Money Laundering was held from July 15-16 2010.

The upgraded anti-money laundering monitoring data report system was launched on August 10, 2010.

The “IB Cup” Anti-Money Laundering Knowledge Road Show, which is sponsored by IB and held by the Fuzhou Central Sub-branch of the People’s Bank of China, was launched in Fujian Province in September 2010. IB has achieved excellent results in the event:

In the Fuzhou competition, IB won the Outstanding Organization Award and Fuzhou Branch won the Individual First Prize;

In the Longyan competition, Longyan Branch won the Outstanding Organization Award;

In the Zhangzhou competition, Zhongzhou Branch won the Outstanding Organization Award and Individual Second Prize;

In the Sanming competition, Sanming Branch won the First Group Prize and Individual Second Prize;

In the Nanping competition, Nanping Branch won the Second Group Prize and Individual Third Prize;

In the Ningde competition, Ningde Branch won the First Group Prize and swept the Individual Top Three;

In the Quanzhou competition, Quanzhou Branch won the First Group Prize and the Individual Second and Third Prize.

As of October 2010, the IB has included the Xi’an and Jinan Branches as experimental units for compliance monitoring. Up until now, the amount of experimental branches for compliance monitoring has been increased to five units.

On January 26, 2011, IB’s phase 2 comprehensive compliance management system was officially put into operation.

From March 14 to April 1, 2011, IB’s Legal and compliance Department carried out training in batches and by area on the phase 2 comprehensive compliance management system in Chengdu, Ningbo, Shenzhen, Taiyuan and Fuzhou. The training covered the operational contents of important modules, including laws and regulations management, law affairs management, system management, system document management, internal control management, compliance risks management, environmental and social risks management, etc.

In November 2011, the Board of Directors of IB deliberated, approved, and issued for implementation across IB the basic regulations on internal management – Basic Regulations on Internal Control of Industrial Bank Co., Ltd.

In November 2011, IB won the group third prize in the 2011 “West Straits Cup” Competition of anti-money laundering knowledge.

From July to December 2011, IB took Hangzhou Branch as a pilot site for implementing internal control to explore the innovative practice in evaluating the effectiveness and performance of internal control, with a view to improving the management level of IB in internal control compliance and facilitating the fulfillment of strategic objectives.

From November to December 2011, IB, as the pilot enterprise of the China Securities Regulatory Commission (CSRC) for the construction of internal control in 2011, organized the self-evaluation of internal control across IB for the first time, in accordance with the requirements of Basic Standards for Enterprise Internal Control and Supporting Guidelines for Enterprise Internal Control, to guarantee the fulfillment of business objectives and facilitate the sustainability of IB.