INDSTRL N2901-R<85102> - New Listing

Market participants are requested to note that dealings in the
1.95 per cent. notes due January 2029 issued by Industrial Bank
Co., Ltd. Shanghai Pilot Free Trade Zone Branch will commence on
Monday, 26/01/2026 under the following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
85102       INDSTRL N2901-R      CNY1,000,000     CNY
                                 or 10,000 units