Ping An Property & Casualty Insurance Company of China, Ltd. Jiangxi Branch

Ping An Property & Casualty Insurance Company of China, Ltd. (hereinafter referred to as "Ping An P&C") was founded in 1988 in Shekou, Shenzhen, and is the starting point for the diversified development of Ping An Insurance (Group) Company of China, Ltd. (hereinafter referred to as "Ping An Group"); measured by premium income, Ping An P&C is China's second-largest property insurance company. Over the 32 years since its establishment, Ping An P&C has adhered to a stable and healthy development strategy. In the past 10 years, its compound growth rates of premium income and total number of customers exceeded 25.7% and 20% respectively; ROE has consistently remained above 15%. In 2019, Ping An P&C's premium income exceeded 270 billion yuan, firmly ranking second in the market, cumulatively providing risk protection for nearly 70 million individual and group customers, with 43 branches and more than 2,700 central sub-branches, sub-branches, marketing service departments and business departments across the country. Ping An Property & Casualty Insurance Company of China, Ltd. Jiangxi Branch is a secondary institution directly under the head office. Since its establishment on March 16, 1993, it has always adhered to the business philosophy of "differentiation, professionalism, leadership, and long-term development," and its various business scales have been rising year by year. It is the second-largest property insurance company in Jiangxi Province, with 11 central sub-branches and 85 branch offices covering most county-level areas across the province. In 2019, the company's premium income exceeded 4 billion yuan.