As a professional pension company and occupational annuity fund management institution, Taiping Pension Insurance Co., Ltd. has always devoted itself to providing various trustee and occupational annuity services centered around investment management ¨C including actuarial consulting, designing a scheme, asset management, risk control and investment decisions of our customers. Taiping Pension Insurance Co., Ltd. has an international annuity expert team. The Company employs experienced actuaries, investment and IT experts. The company¡¯s senior management with an international vision has rich experience in occupational annuity, investment, the insurance business, financial management and in operating EA plans.

Taiping Pension Co., Ltd. has a standardized and solid corporate governance structure so as to safeguard customer interests. In our everyday operations we strictly follow the requirements of state laws and regulations, reckoning on the sound corporate governance system and strict risk control mechanisms. We effectively integrate safety and profitability of occupational annuity plans through drawing upon the powerful strength and advantage of our shareholders, cooperating with outstanding domestic and foreign financial institutions and building a national trustee investment consultation and service network. This is on what we rely on for being in the position to providing customers with comprehensive, high-quality, standardized, individualized, and close at hand EA services.

Taiping Pension Co., Ltd. commits itself to the operation philosophy of ¡°Professionalism and Loyal Service¡±, following the maxim of ¡°Security, Return and Service¡±. Our mission is to¡°Freeing our clients from worries about future after retierement, enabling the elderly to lead a dignified, high-quality, happy retired life¡±. Our strength is to be found in the advantage of specialized operation consistent with the reform of the national social security system and the long-term development of the Chinese occupational annuity market. Our aim is to actively participate in modeling the Chinese occupational annuity market, trying to ¡°Become the most professional and most innovative integrated service provider in China¡±. Paying attention to a humanistic spirit and being concerned with the society and people¡¯s livelihood is our conviction and to make our due contribution to improving the overall social security level and building a harmonious society we see as your duty.

Taiping Pension Co., Ltd. and our shareholders join forces on the basis of a win-win co-operation and assembly of outstanding enterprises. Our shareholders include: China Insurance (Holdings) Co., Ltd., Taiping Life Insurance Co., Ltd., China Insurance Group Assets Management Co., Ltd., Taiping Insurance Co., Ltd. and Fortis Insurance International N.V. With an AUM (Assets Under Management) in trillions of RMB, Taiping Pension¡¯s shareholders have rich experience in the field of EA management or risk control and provide strong managerial and technical support. The major shareholders have been granted authoritative international credit ratings, another guarantee for the long-term and reliable safety of your annuity fund.

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China Insurance (Holding) Co., Ltd. (henceforth referred to as ¡°China Insurance Group¡±), the successor of which was China Insurance Co., Ltd. created in Shanghai in 1931, is a financial and insurance group subordinate to the State Council. On August 20, 2002, the China Insurance Co., Ltd. was formally renamed to the corporate name now valid, becoming the first financial and insurance holding group in China and, at the same time, the only state-owned insurance enterprise based in Hong Kong.

As one of the Chinese-funded financial and insurance groups with the best-distributed institutional network, the China Insurance Group (CIG) supplies business solutions covering insurance services, pension fund services, asset management, industrial investment, securities brokeage, financing, fund management etc. Branch offices were established all over Mainland China, Hong Kong, Macao, Singapore, Japan, Indonesia, England, the Netherlands, New Zealand and other countries or regions with 19 subsidiaries in total.

It is the belief and the brilliant mission of the China Insurance Group worthy of ever-lasting commitment to create a rich and peaceful life for all Chinese people. The CIG stands for the spirit of ¡°nationality, pioneering task, dedication, cooperation, enterprising spirit, and innovation¡± and stands for the philosophy of ¡°Professionalism and Loyal Service¡±. The CIG wants to form itself into a transnational integrated financial and insurance group with a bright brand feature, the capability of sustainable development and international competitiveness, and to create an outstanding Chinese brand of global financial service.

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With a registered capital of 2.33 billion RMB and headquartered in Shanghai, Taiping Life Insurance Co., Ltd. (henceforth referred to as the ¡°Taiping Life¡±) currently has over 200 branch offices all over the country. Taiping Life wins wide recognition from the industry and all circles of society for high-standard operations, the pursuit of excellence and persistent innovation. From 2003 to 2005, Taiping Life was consecutively awarded BBB+ by the internationally accepted rating agency Fitch International (Fitch) ¨C the highest credit rating for domestic Chinese-funded life insurance companies. As the sole cooperative partner of IGP (International Group Program) in Mainland China, Taiping Life provides group insurance services of international standard for transnational corporations in China. IGP is the largest insurance pool with customers all over the world, over two-thirds of which are World Top 500 enterprises.

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China Insurance Group Asset Management Co., Ltd. is a wholly-owned subsidiary of the China Insurance International Holdings International Co., Ltd., controlled by the China Insurance Hong Kong (Holdings) Co., Ltd. Currently this organization serves mainly as a provider of investment management services for subsidiary insurance companies of the CIG and a few third parties.

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Taiping insurance Co., Ltd. (henceforth referred to as ¡°Taiping Insurance¡±) was founded in 1929 and is one of the national insurance companies with the longest history. As a specialized insurance company with many years¡¯ experience in overseas operation, Taiping Insurance resumed its domestic property insurance business and set off to start its second pioneering work in 2001.

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Fortis International Co., Ltd. (henceforth referred to as ¡°Fortis International¡±) with total assets of over 500 billion EUR is one of the best known and also most successful providers of international financial services in Europe. With many years¡¯experience in the European pension fund market Fortis International is successfully active in the insurance, banking and investment businesses of many countries, leading the businesses in many countries such as the Netherlands, Belgium, and Spain.