ICBC-AXA

ICBC-AXA Life Assurance Co., Ltd. (referred to as "ICBC-AXA Life") was jointly established by the world's largest bank by market capitalization, Industrial and Commercial Bank of China, the world's largest insurance group, AXA Group, and Fortune Global 500 state-owned enterprise China Minmetals Corporation. The company's shareholding structure is as follows: Industrial and Commercial Bank of China holds 60%, AXA Group holds 27.5%, and China Minmetals Corporation holds 12.5%. Leveraging the unmatched strong capital strength and renowned brand reputation of its shareholders, ICBC-AXA Life fully integrates the profound experience and extensive foundation of shareholder Industrial and Commercial Bank of China in China's financial sector, the leading risk management and insurance expertise of AXA Group, and the strong financial strength and rich local resources of China Minmetals Corporation. Adhering to a customer-demand-oriented approach, through differentiated business strategies, product innovation advantages, and diversified sales channels, the company provides tailored personalized insurance solutions and services for customers in the four key areas of life's essential financial protection and wealth planning: children's education, retirement planning, family protection, and wealth management, meeting customers' increasingly diverse needs. ICBC-AXA Life is headquartered in Shanghai with a registered capital of 12.505 billion yuan, and currently operates in more than 20 important provinces and cities nationwide. The company will accelerate development in a planned manner, operate steadily, and bring insurance protection and wealth planning services to customers in more markets.