Union Life

[Overview] Union Life Insurance Co., Ltd. (hereinafter referred to as Union Life) is a comprehensive life insurance company approved by the China Insurance Regulatory Commission. The enterprise is a nationwide, joint-stock life insurance company. With 28 branches nationwide, over 600 sub-branches, and assets under management exceeding 100 billion yuan, as a comprehensive life insurance company, it can operate all types of life insurance products (including various statutory insurances). Union Life pioneered the industry by proposing the service initiative "Union Insurance: Claims Are Not Difficult," which has won it widespread acclaim both within and outside the industry. [Corporate Culture] Union Life takes the essence of traditional Chinese thought, the "Hehe" (harmony and unity) culture, as the cornerstone of its corporate philosophy, with the core value concept of "harmonizing the interests of all parties to achieve win-win and common prosperity," advocating a simple, harmonious, and shared corporate culture. The "Hehe" culture uses the concept of harmony between humans and nature to mitigate risks in the world, uses today's accumulation of good deeds and pursuit of harmony to respond to tomorrow's changes, and through the joint efforts of tens of thousands of Union Life employees, ultimately reaches the perfect state of "coexistence in harmony, working together in harmony, thriving together in beauty, and prosperity through corporate harmony." [Talent Philosophy] Union Life adheres to the concept of "investing in people," treating employees as the company's most important resource and most valuable asset, providing them with competitive compensation and benefits and learning and training opportunities, and striving to create a favorable environment for talent growth, making Union Life a place to attract, accept, gather, and retain talent. Through a clear corporate strategy, explicit development goals, a relaxed and harmonious working atmosphere, and a system of clear rewards and punishments, the company fully stimulates employees' maximum potential, achieving dual success for individuals and the company's career. [Subsidiary: Union Asset Management Co., Ltd.] [Overview] Union Asset Management Co., Ltd. (hereinafter referred to as Union Asset) is a professional insurance asset management company jointly initiated by Union Life and Zhongfa Group, with a registered capital of 100 million yuan. Established in Beijing in May 2012, Union Asset's predecessor was Union Life's Asset Management Center. Union Asset provides professional management and operation for Union Life's insurance funds and funds from other clients, marking an important step for Union in its development towards a group-based, specialized structure. [Corporate Vision] Through the hard work of all employees, it is believed that in the near future, with the rapid development of China's financial and insurance industry, Union Life will surely achieve its vision: to become a first-class comprehensive financial enterprise group.