Guangai Insurance Brokerage Co., Ltd.

Guangai Insurance Brokerage Co., Ltd. (hereinafter referred to as "Guangai") is a national professional insurance brokerage company approved by the China Banking and Insurance Regulatory Commission on June 7, 2006. It is the first financial sector enterprise established by the Fortune 500 company GAC Group. In June 2019, Zhongcheng Automobile Insurance Co., Ltd. acquired 50.2% of the equity of Guangai Insurance Brokerage from GAC Group. The current shareholders are Zhongcheng Automobile Insurance Co., Ltd., GAC Business Co., Ltd., and Japan's Aioi Nissay Dowa Insurance Co., Ltd., with a registered capital of RMB 60 million. The company is located in the Financial City, Tianhe District, Guangzhou. Guangai serves as the vice president unit of the Guangdong Insurance Intermediary Industry Association. The company's cumulative operating revenue is approximately RMB 2 billion, with cumulative profits of RMB 120 million.

As a national professional insurance brokerage company, Guangai provides insurance brokerage services such as corporate property insurance, vehicle insurance, and life insurance to nearly 140 manufacturing enterprises and 1,500 sales outlets. Through its wholly-owned subsidiary, Guangzhou Guangai Automobile Consulting Service Co., Ltd., Guangai offers automobile extended warranty services and "worry-free accident" repair compensation services for various automobile brand users. Currently, it cooperates with brands such as GAC Trumpchi, GAC Toyota, GAC Honda, GAC Mitsubishi, Imported Mitsubishi, and Lexus, serving over one million customers.

Over fifteen years of operations, Guangai has gradually established five major advantages: "Breadth, Specialty, Strength, Savings, and Trust."
Breadth: Guangai currently has 14 branches across the country, with business coverage in 264 large, medium, and small cities, and over 700 employees, continuously providing worry-free and assured insurance brokerage services and vehicle service assurance to dealer channel customers.
Specialty: Guangai has a professional and mature business management team, with a 100% certification rate for "Insurance Brokerage Practitioner Qualification Certificates," providing on-site one-on-one professional insurance business consultation, policy application, and claims services to clients.
Strength: Guangai possesses five major business management systems, including auto insurance management, extended warranty business management, financial risk management, property insurance business management, and life insurance business management, as well as two online sales platforms—the Guangai Insurance Micro Mall and Guangai Automobile Extended Warranty Mall—ensuring efficient and smooth business operations.
Savings: Guangai leverages its professional knowledge and channel scale advantages, conducts multiple inquiries, and follows professional bidding procedures to compare options, striving for the most reasonable rates and the most comprehensive coverage for clients, effectively reducing customer costs.
Trust: Guangai adheres to the corporate philosophy of "Putting people first, following the path of integrity, and prioritizing innovation," and operates with integrity and reliability. It has been awarded the title of "Integrity Service Demonstration Unit" by the Guangdong Insurance Intermediary Industry Association.

In the future, Guangai will continue to leverage its network channel advantages to build a distinctive brand, aiming to become a modern financial insurance enterprise with "professional confidence, institutional confidence, personnel confidence, and development confidence," striving to be the nation's foremost comprehensive financial insurance service provider, safeguarding a better mobile life.