Yuedong Life

Company Profile BOCOM Life Insurance Co., Ltd. (hereinafter referred to as "BOCOM Life") is the first bank-controlled life insurance company in China, approved by the State Council and regulatory authorities, and is a Sino-foreign joint venture insurance institution controlled by Bank of Communications. It was established on January 28, 2010, with a registered capital of RMB 5.1 billion, of which Bank of Communications holds 62.5% and MS&AD Insurance Group holds 37.5%. The company is headquartered in Shanghai and has successively established multiple branches in provinces and cities such as Jiangsu, Henan, Hubei, Beijing, Anhui, Guangdong, Shandong, Sichuan, Liaoning, Shaanxi, Shenzhen, Hunan, Zhejiang, Shanxi, Dalian, and Hebei, initially forming a national life insurance company structure. BOCOM Life pursues sustained value growth, prioritizes profitability while balancing scale, and has set the strategic goal of "becoming a company leading in growth and profitability in the protection-oriented insurance service field." It strives with diligence, responsibility, and innovation. Guided by the development and professional positioning of "actively integrating into the Bank of Communications Group's development strategy, leveraging the fundamental role of insurance protection in wealth management, returning to the essence of insurance, and pursuing a capital-efficient and benefit-driven development path," the company has gradually established a robust profit model driven by both underwriting and investment, achieving premium growth outpacing the market, steadily improving asset management capabilities, continuously strengthening risk prevention and control systems, innovating service models, steadily improving industry rankings, and gradually expanding market share. It has repeatedly won industry awards such as "China's Top Ten Life Insurance Companies with Value Growth," "Best Investment Management Life Insurance Company," and "Annual Gold Medal Service Institution." In the latest results of the regulatory "three-in-one" evaluation system, the company received an A grade for business operation, AA grade for service evaluation, and maintained an A class for comprehensive risk rating, all being the highest grades in the industry. International credit rating agency Fitch rated the company's insurance financial strength at A with a "stable" outlook. BOCOM Life has a comprehensive product line, offering customers dozens of insurance products including life insurance, health insurance, and accident insurance. On the basis of solid insurance protection, it has built the Ruikang series of value-added services, creating distinctive service brands such as "Your Health Manager" and "Wealth Protection Expert," committed to lifelong protection for customers and achieving dual growth of material wealth and health wealth for clients. BOCOM Life will uphold the philosophy of "integrity, prudent operation, professional service, and innovative development," with the vision of being "the most value-creating life insurance service provider in China," centered on the core values of "gratitude, cooperation, responsibility, reliability, and creativity," and fulfilling the mission of "not only creating financial protection value but also making unremitting efforts for the long-term health of you and your family," providing more professional and high-quality insurance protection and health management services to add value for customers, create wealth for shareholders, seek development for employees, and make life better through insurance. With you for life, BOCOM Life.