China Pacific Insurance (Group) Co., Ltd. (CPIC) was established on the basis of China Pacific Insurance Co., Ltd., which was founded on May 13, 1991. Headquartered in Shanghai. The company was listed on Dec. 25, 2007 on Shanghai Stock Exchange and Dec. 23 2009 on Hong Kong Exchange respectively.

As a responsible insurance company, China Pacific adheres to the core values of commitment to business integrity in pursuit of steady growth and performance excellence. The company actively impulses the sustained value increase, constantly creates value for clients, shareholders, employees, society and other stakeholders and makes contribution to a harmonious society as well.

The group has several subsidiaries: China Pacific Life Insurance Co., Ltd., China Pacific Property Insurance Co., Ltd., Pacific Asset Management Co., Ltd., Changjiang Pension Insurance Co., Ltd. and etc. All the four above subsidiaries are market leaders in China.

The company has established a sales and services network covering almost the whole country. By the end of 2009, CPIC Group has over 5700 branches and marketing outlets and nationwide sales and service network, more than 67,000 employees and 270,000 sales over the country, providing individual and institutional clients a wide range of risk prevention solutions, financial advices and asset management.

While focusing on its development, CPIC has dedicated itself to charity activities in fulfilling its duty as a corporate citizen. It has, ever since its establishment, taken an active role in helping the orphans and disabled people in flood stricken areas. We have established more than 60 Hope Primary School with a total investment of RMB 30 million. The company has donated over RMB 100 million during the period of the Huge Flood Disaster in 1998, SARS, Blizzard Disaster in 2008，the devastating May 12 Earthquake and Yushu Earthquake.

CPIC has set up the strategic objective of “building an internationalized financial group focusing on the insurance business” with high reputation, outstanding brand, solid financial strength and excellent services and profits.

China Pacific Life Insurance Co., Ltd (CPIC Life in short) was formed on the basis of life insurance business of China Pacific Insurance Co., Ltd., which was founded on May 13th 1991, and is held by CPIC Group. The company was incorporated in November 11, 2001, headquartered in Shanghai and registered capital totaling RMB 5.1 billion. In 2008, the premium income of the company reached RMB 66.092 billion, ranking 3rd in China life insurance market with a share of 9.0%, according to data published by CIRC. The company achieved a profit of RMB 2.104 billion this year with net profit of RMB 2.904 million.

CPIC Life adheres to the core value of commitment to business integrity in pursuit of steady growth and performance excellence, dedicated to product and service innovation in meeting multi-tier needs of clients. The company currently has nearly 150 insurance products covering life, annuity, health, PA, etc. The company pays much attention to the construction of a brand featuring specialized and high-quality services, constantly improving the hotline system-95500 and the Emergency Assistance Service. An excellent corporate image has been established through fully fulfilling its insurance obligations, faithfully protecting the benefits of the insured and effectively performing the insurance functions such as economic compensation, financing and social administration.

The company has established a sales and services network covering almost the whole country. Distribution channels including agencies, direct sales and bancassurance have been growing steadily. By the end of 2008, the company has established 37 branches, 3564 key sub-branches, sub-branches and service centers. It employs 34,000 people and 220,000 sales agents nationwide. In addition, it has also built sound business partnership with a number of brokers and intermediary agencies.

The company actively brings in the international advanced technologies and talents ,improves the innovation of system and mechanism and enhances corporate branding image to lay a solid foundation for the better and faster development in the future.

China Pacific Property Insurance Co Ltd (hereafter referred to as CPIC Property) is a property and casualty insurer based in Shanghai held by CPIC Group with a registered capital of RMB 4.088 billion.

CPIC Property offers a variety of property insurance, short-term health insurance and accident insurance. Its products and services cover a wide range of industries including electricity, automobile, machinery, chemistry, electronics, water conservancy, construction, bridges, roads, space and aviation marine and high-tech. It has employed agents in more than 350 major port cities in over 130 countries and regions and established business ties with both domestic and international insurers, re-insurers and related institutions. CPIC Property has 40 branches, more than 2000 grass-roots offices and a direct sales team of around 14800 sales representatives.

Committed to the core values of “business integrity, sustainable growth and pursuit of excellence”, CPIC Property strives to provide quality risk management services for its clients. In 2008, it realized a total premium of RMB 27.875 billion with a year-on- year increase of 18.7% (excluding China Pacific Insurance Co., <Hong Kong> Ltd). With its market share of 11.4% ranking the second, the company achieved the net profit of RMB 366 million in 2008 as one of the leading P&C insurers in China.

Pacific Asset Management Co., Ltd. was founded on June 9, 2006. It was held by CPIC Group, headquartered in Shanghai and registered capital totaling RMB 500 million.

The company adheres to the core value of pursuing steady growth and excellence with business integrity, and follows the business philosophy of professional, steady and excellent service. Its line of business: managing and using self-owned capital and premiums, entrusted capital management business, capital management-related consulting services, and other asset management business permitted by laws and regulations. By the end of 2008, the total asset and net asset of the company reached RMB 649 million and RMB 541 million respectively, with net profit of RMB 18 million.

The company gives priority to clients’ interests. It has established complete mechanism for entrusted capital management, so as to fully protect the interests of the clients and give fair treatment to every client. It has opened separate accounts for different entrusted capital, aiming to prevent moral risks. The company will communicate with its clients in making investment decisions offers tailor-made investment services.

The company has 108 employees. All investment managers hold master or above degrees with rich experience, among which 16 holding doctor’s degree, 14 are CFAs and 18 once studied or worked abroad.

Growth strategy in the coming five years: develop into a leading asset management company in China with optimized corporate governance, diversified services, characteristic of complete governance structure, scientific investment, strict risk control, excellent services and innovation.

China Pacific Insurance Co., (H.K.) Ltd. is a wholly-owned subsidiary of China Pacific Insurance (Group) Co., Ltd., with a registered capital of HKD 250 million. The company was founded in April 1994 in Hong Kong, after the approval of the State Council of PRC and the Hong Kong Government.

The company engages in the general insurance business, delivering a wide range of insurance products and services including Accident and Health Insurance, Motor Vehicle Insurance, Aircraft Insurance, Ships Insurance, Goods In Transit Insurance, Property Damage Insurance, General Liability Insurance and Pecuniary Loss Insurance to corporate and individual customers. In 2009, the company generated premium income of HKD 222 million and net profit of HKD 30.76 million with total asset of HKD 503 million and net asset of HKD 344 million respectively.

Committed to the core values of “Business Integrity, Sustainable Growth and Pursuit of Excellence”, taking advantage of the synergy between Mainland China and Hong Kong, the company insists on taking root in Hong Kong, serving the public and concentrating on the needs of the customers to provide comprehensive products and services to the society.