New China Life

Introduction to New China Life Insurance Company: New China Life Insurance Co., Ltd. was established in September 1996, with its headquarters in Beijing. It is a national specialized large-scale life insurance enterprise. Central Huijin Investment Co., Ltd. and China Baowu Steel Group Co., Ltd. are its major shareholders. In 2011, New China Life was listed simultaneously on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, with A-share code 601336 and H-share code 01336. The company focuses on comprehensive life insurance as its core business, and has subsidiaries in asset management, pension insurance, health management, e-commerce, and elderly care services. The company has established a nationwide sales network, with over 1,700 branches, providing products and services to 29.664 million individual life insurance customers and 43,000 institutional customers. In 2017, the company achieved original insurance premium income of approximately RMB 109.3 billion, with total assets exceeding RMB 700 billion. New China Life Corporate Culture: Corporate Vision: China's outstanding financial services group with comprehensive life insurance as the core. Corporate Strategy: Customer-centric, adhering to the sustained and stable growth of existing businesses, persisting in reform and innovation, upholding value and returning to the essence of insurance, and seizing the historical opportunities of urbanization and aging. Corporate Mission: To provide customers with the guarantee of a happy life; to contribute stable and sustained returns to shareholders; to create opportunities for employees to achieve self-fulfillment; to add harmony and peace to society. Corporate Values: Integrity, Responsibility, Fairness, Innovation, and Progress. Business Philosophy: Create value, be stable and sustainable. Work Principles: Simplicity, Objectivity, Collaboration, and Responsibility. New China Life Hefei Back-office Center was established in 2018, located in the Binhu New District of Hefei City, Anhui Province. It is a directly affiliated secondary unit under the head office, managed directly by the head office, with functions including policy issuance (underwriting, policy servicing, claims handling) and financial shared services.