Huatai Life Insurance Co., Ltd. (referred to as "Huatai Life") is a national life insurance company initiated and established by strong domestic and international financial insurance groups and well-known enterprises, with shareholders investing nearly 3 billion yuan. The company officially opened in 2005, headquartered in Beijing, and has now established more than 300 branches and business outlets in Beijing, Zhejiang, Sichuan, Jiangsu, Shandong, Shanghai, Henan, Fujian, Hunan, Guangdong, Jiangxi, Inner Mongolia, Hubei and other provinces and cities. The major shareholder of Huatai Life, Huatai Insurance Group Co., Ltd., while adhering to steady business development, has continued to be profitable, relying on endogenous capital accumulation, and has developed from a single property insurance company into a financial insurance group integrating property insurance, life insurance, and asset management; another major shareholder, the American ACE Group, is one of the world's largest property, liability, and reinsurance companies, and was once rated by Forbes magazine as one of the 130 best-performing companies in the world. Huatai Life is an important member of Huatai Insurance Group. Under the group strategy of "doing well in property insurance, expanding life insurance, and strengthening asset management," the company adheres to the policy of "intensive management, professional operation, and quality-benefit development," upholds the long-term philosophy of "standardized management, steady operation, honesty and trustworthiness, and innovative development," relies on the market resources of other subsidiaries of Huatai Insurance Group and the industry-leading wealth management capabilities, and utilizes the comprehensive technical support of ACE Group to achieve healthy, stable, and relatively rapid development. In 2013, the (5th) Responsible China Outstanding Enterprise Summit was held at the Diaoyutai State Guesthouse in Beijing. Huatai Life, with its positive and healthy actions in fulfilling corporate social responsibility, was rated as "2013 Model Enterprise of Chinese Social Responsibility" and became the only listed enterprise in the insurance industry. Huatai Life takes "professional quality, lasting protection" as its corporate commitment, always adhering to customer first and honest service. Since its opening, Huatai Life has been guided by comprehensively meeting customer needs, providing multi-channel service methods such as online, counter, telephone and fax, letter, short message, and door-to-door service, and was the first in the industry to launch claim service commitments such as "fast claim settlement," "compensate one for one short," and "compensation for delay," turning the reputation of "fast claims, find Huatai" into real actions again and again, and has been widely praised by society. In 2010, the company won the "Fastest Claim Settlement Insurance Company" award in the Sohu Financial Wealth Management Online Ceremony; in 2011, the company won the "Best Honest Enterprise" award in the "3rd China Enterprise Integrity List" of National Business Daily; in 2012, the company won the "2012 Best Professional Service Insurance Company" award in the Golden Tripod Award held by National Business Daily. The corporate culture of Huatai Life is rooted in the profound historical accumulation of Huatai Insurance, advocating an equal and humanistic cooperative cultural atmosphere, while continuously giving new vitality and vigor to the brand. Over years of development, it has gradually formed a corporate culture of "openness, enterprising, participation, and inclusiveness." The company advocates the work spirit of "Work Smart, Enjoy Life," using it as the conceptual basis for promoting efficient operation and healthy development, and has been highly recognized by all teams and employees of the company. In the "Outstanding Employer - 2011 China's Most Suitable Companies to Work For" list jointly selected by Fortune magazine and global consulting service company Towers Watson, Huatai Life became the only insurance industry company among the 20 listed enterprises. As a modern enterprise with a high sense of social responsibility, Huatai Life has always focused on the long-term development goals of the enterprise and the corresponding growth environment, aiming to become a qualified corporate citizen and undertaking its mission for building a harmonious society. Since its establishment, the company has carried out effective social welfare activities in areas such as social education and public health. Especially in emergency moments of disaster relief, Huatai Life mobilized from top to bottom, went all out, took effective measures to quickly settle claims for affected customers, and in the first time raised funds and donations, initiated charity sales, reflecting a strong sense of social responsibility. On November 1, 2011, Huatai Life Jiangxi Branch opened in Nanchang, becoming the first foreign life insurance company in the Jiangxi market. The establishment of Jiangxi Branch is one of the important measures for Huatai Life to implement the group's strategic goals. It will rely on the global resources of both Chinese and foreign shareholders and a deep understanding of local customers, and with its professional products and services, provide effective risk protection for individual and institutional customers, and strive to become the most trusted life insurance company in the hearts of Jiangxi customers.
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