Now, in 2016, we have begun to enjoy the benefits of lowering the expected annualized interest rates. The expected annualized interest rates for loans from various banks have changed. So what is the expected annualized interest rate for loans from the Industrial and Commercial Bank of China in 2016? Let me briefly introduce it.

1. Short-term loans within six months (inclusive) 4.35% Six months to one year (inclusive) 4.35%

2. Medium- and long-term loans one to three years (inclusive) Inclusive) 4.75% Three to five years (inclusive) 4.75% More than five years 4.9%