In 2010, in the midst of the most difficult financial conditions, Industrial and Commercial Bank of China Limited ("ICBC") took active measures to align with the global financial regulatory reform and merge into China's economic transformation. The priority was to speed up business re-orientation and stay focus on credit structure adjustment and development changes. ICBC sustained its market position as the largest public bank in the world by market value, customer deposit and profit, with a base of top-quality customers, diversified business structure, strong innovation capacity and market competitiveness.

At the end of the year, ICBC had 397,339 employees under payroll. ICBC provided a wide range of financial products and services to 4.12 million corporate clients and 259 million individual customers through 16,227 outlets across China, 203 overseas subsidiaries and a global network of more than 1,562 correspondent banks as well as Internet Banking, Telephone Banking and self-service banking. ICBC established strong presence by its commercial banking operation and rapid expansion to markets worldwide. ICBC held the top slots in the country in many business areas of commercial banking.

At the end of 2010, total assets reached RMB 13,458.622 billion, representing an increase of RMB 1,673.569 billion, or 14.2% over the end of previous year; Total liabilities reached RMB 12,636.965 billion, up RMB 1,530.846 billion, or 13.8% from a year earlier. ICBC was the largest listed bank in the world with a market capitalization of USD 233.5 billion. Having a 28.4% increase against previous year in net profit to RMB 166.025 billion in 2010, ICBC defended its position as the world's most profitable bank, up by 12.0 percentage points from a year earlier. Return on average total assets and return on weighted average equity on par with the international standard, were at 1.32% and 22.79% respectively. Earnings per share rose RMB 0.10 from a year earlier to RMB 0.48. Bad loan balance and ratio both declined in its eleventh year. Ratio of non-performing loans fell to 1.08 percent. ICBC scaled up its capital strength and sustainable development by securing capital adequacy ratio and core capital adequacy at 12.27% and 9.97% respectively, as a result of optimized business structure, conclusion of re-financing and applicable increase on the profit provision ratio.