Ping An Lishun

I. Company Overview
Ping An Lishun International Money Brokerage Co., Ltd. is a money brokerage company approved for establishment by the China Banking and Insurance Regulatory Commission. The company was jointly initiated and established by Ping An Trust Co., Ltd., a subsidiary of Ping An Insurance (Group) Company of China, Ltd., and Lishun Financial Group of Switzerland. Its headquarters is located in Shenzhen, with a registered capital of RMB 50 million. Among them, Ping An Trust Co., Ltd. contributed RMB 33.5 million, holding a 67% equity stake, and Lishun Financial Group contributed RMB 16.5 million, holding a 33% equity stake.
In accordance with the Pilot Management Measures for Money Brokerage Companies and relevant laws and regulations, the company provides the following money brokerage services to domestic and foreign financial institutions:
(1) Domestic and overseas foreign exchange market transactions;
(2) Domestic and overseas bond market transactions;
(3) Domestic and overseas money market transactions;
(4) Domestic and overseas derivatives transactions;
(5) Other businesses approved by the China Banking Regulatory Commission.
II. Shareholder Overview 1. Ping An Trust Co., Ltd. is a controlled subsidiary of Ping An Insurance (Group) Company of China, Ltd. Its registered capital, after four rounds of capital increases and share expansions, has increased to the current RMB 13 billion, making it one of China's outstanding Class A trust companies. The company is mainly engaged in wealth management business, providing trust wealth management products and services to individual clients and institutional clients, including fund trust business, trust business for movable property, real estate and other property, investment fund business, and charitable trust business, etc. At the same time, it actively expands Ping An Group's businesses in property investment, infrastructure investment, and equity investment. 2. Lishun Financial Group was established in 1959 and listed on the Swiss Stock Exchange in 1973. Lishun Financial Group is the largest money brokerage company in Continental Europe and the Asia-Pacific region, and the third largest in the world. It has branches in 24 countries and regions and more than 7,000 institutional clients (mainly banks and other financial institutions). The Group's business scope covers almost all financial products, including money, bonds, foreign exchange, interest rates, options, and various derivatives, as well as various non-financial products such as energy, precious metals, paper, and environmental protection products.