Taiping Property & Casualty Insurance Co., Ltd. Guangdong Branch

Taiping Property & Casualty Insurance Co., Ltd. (hereinafter referred to as "Taiping P&C") is a member company of China Taiping Insurance Group, one of the four centrally administered insurance companies. Established in 1929, it has a registered capital of RMB 5.07 billion. With a long operating history and rich professional experience, it received an A rating from Standard & Poor's from 2014 to 2016 and served as an insurance partner for the 2007 Special Olympics, the 2014 Qingdao International Horticultural Exposition, and the 2013-2016 China-ASEAN Expo. Taiping Property & Casualty Insurance Co., Ltd. Guangdong Branch was approved and established on April 8, 2002, by the China Insurance Regulatory Commission, and is one of the first four branches set up by Taiping P&C. Since its establishment, the branch has repeatedly received honors such as "Most Trusted Financial Brand by Consumers," "Guangdong Province Integrity Demonstration Enterprise," "Guangdong Province Financial Industry Credit Co-building Unit," and "Annual Most Trusted Property Insurance Award." Currently, the branch has 20 third-tier municipal institutions and 42 fourth-tier institutions including sub-branches and marketing service departments, with its network covering all cities and regions across Guangdong Province. Its business scope covers all non-life insurance fields, including property insurance, liability insurance, credit insurance, agricultural insurance, and short-term personal accident insurance. At present, Taiping P&C is deeply implementing its "premium" strategy, adhering to the comprehensive operation model of "One Customer, One Taiping," and is committed to building a first-class premium property insurance company in China, striving to accelerate its development into a leading player in the second tier of the property insurance industry. Under the leadership of its parent company, the Guangdong Branch will take the 15th anniversary as a new starting point, promote the realization of the new three-year rebuilding goals, and strive toward the development goals of becoming an industry pacesetter and a system leader.