English Chinese translation sample-Brief Introduction to ICBC

（Edited by freelance Chinese translator li – English to Chinese translation or Chinese to English translation services- financial translation）

Brief Introduction to ICBC
The year 2006 was a significant milestone in the development of ICBC. On October 27, Industrial and Commercial Bank of China Ltd. (hereafter referred to as ICBC), as the pioneer, succeeded in A+H simultaneous listing, which created a number of records, such as the largest scale in the global capital markets, and was hailed as the "century prospectus" by the international media and the financial industry. The public offering marked the completion of ICBC's conversion from a state-owned commercial bank to a joint-stock commercial bank and then to an international public shareholding corporation. The total scale of the A+H IPO was 55.65 billion shares (including 8.14 billion state-owned shares sold on behalf of the Ministry of Finance and the Central Huijin Investment), taking 16.7% of the total shares after expansion; the total capital raised was RMB 173.23 billion (including the net capital of RMB 24.67 billion of the Ministry of Finance and the Central Huijin Investment by selling state-owned shares). It is the world's largest ever initial public offering, with H-shares of HKD 124.95 billion and A-shares of RMB 46.64 billion, which have been the largest H-shares and A-shares so far. After the IPO, the A-shares and H-shares possessed by ICBC reached 250,962,348,064 and 83,056,501,962 respectively, which amounted to a total number of 334,018,850,026.


中国工商银行简介
2006年是中国工商银行发展史上具有里程碑意义的一年。10月27日，中国工商银行股份有限公司（简称中国工商银行）首开先河，A+H同步发行上市成功，创下了全球资本市场有史以来发行规模最大等多项纪录，被国际媒体和金融业誉为“世纪招股”。公开发行上市标志着中国工商银行完成了从国有独资商业银行到股份制商业银行，再到国际公众持股公司的历史性跨越。本次A+H首次公开发行的总规模为556.5亿股（包括代财政部和汇金公司出售国有股权81.4亿股），占扩大后总股本的16.7%；募集资金总额达到人民币1,732.3亿元（包括代收财政部和汇金公司出售国有股权的应得资金净额人民币246.7亿元），是全球有史以来融资规模最大的首次公开发行，其中H股发行规模1,249.5亿港币，A股发行规模466.4亿元人民币，分别是迄今为止规模最大的H股和A股发行项目。公开发行上市后，中国工商银行共有A股250,962,348,064股，H股83,056,501,962股，总股本334,018,850,026股。


Through listing, ICBC's capital has been strengthened and its international market image improved significantly. By the end of 2006, the net capital reached RMB 530.805 billion and the net core capital RMB 462.019 billion, with a 14.05% capital adequacy ratio and a 12.23% core capital adequacy ratio respectively; with a total market value of over USD 250 billion, ICBC became the largest listed corporate of A-shares and Asia's largest listed bank, and among the top three listed banks in the world.

　　通过发行上市，中国工商银行的资本实力和国际市场形象得到了明显提升，至2006年末，资本净额达到5,308.05亿元，核心资本净额达到4,620.19亿元，资本充足率和核心资本充足率分别达到14.05%和12.23%；总市值超过2500亿美元，成为A股市值最大的上市公司与亚洲最大的上市银行，并跻身全球排名前三位的上市银行。