The Industrial and Commercial Bank announced that the company recently received an inquiry letter from the Shanghai Stock Exchange to review the application documents for issuing shares to specific targets, and has worked with relevant intermediaries to implement and respond to the inquiries one by one. For details, please refer to the relevant documents disclosed on the Shanghai Stock Exchange website on the same day. The issue of issuing A-shares to specific targets is still subject to review and approval by the Shanghai Stock Exchange and registration approval by the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether it will eventually pass the review and registration, and the relevant timing.

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