China Pacific Life Insurance Co., Ltd. Hunan Branch

China Pacific Life Insurance Co., Ltd. (hereinafter referred to as "CPIC Life") was established in November 2001 and is a professional life insurance subsidiary of China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as "CPIC"). CPIC is an insurance group company established on the basis of China Pacific Insurance Company founded on May 13, 1991. It is a comprehensive insurance group and an insurance company listed in three locations: A+H+G (Shanghai, Hong Kong, London). In recent years, CPIC Life has taken "building a life insurance company with the best service experience and being a long-termist in the life insurance industry" as its mission and vision, deeply advancing the "Long Voyage Action" to deepen transformation, and continuously pursuing a path of high-quality development. In 2024, the company achieved scale premiums of 261.080 billion yuan, a year-on-year increase of 3.3%; achieved new business value of 13.258 billion yuan, a year-on-year increase of 20.9%; net profit of 35.821 billion yuan, a year-on-year increase of 83.4%; and a comprehensive solvency adequacy ratio of 210%, higher than regulatory requirements. CPIC Life has established a nationwide sales network and diversified service platform. The company adheres to being customer-demand-centered, focusing on the product and service system of "health protection, pension and education, and wealth inheritance," enhancing product innovation capabilities, deeply exploring customer needs, achieving tiered, categorized, and grouped customer supply, and providing customers with comprehensive "product + service" solutions covering the entire life cycle. Looking ahead, CPIC Life will take promoting high-quality development as its theme, deepening supply-side structural reform as its main line, and focus on three aspects: economic value, customer value, and social value, with customer value as the core, driving the common growth of economic value and social value. The company will base itself on the new concept of "taking customers as the starting point, products and services as the entry point, and the team as the foothold," fully implement the second phase of the Long Voyage "North Star Plan," further deepen customer management, advance the upgrading of diversified channel models, continuously optimize product structure, deeply integrate the health and elderly care service ecosystem, strengthen asset-liability linkage and matching, continuously enhance the momentum of transformation and development, and achieve a steady improvement in market competitiveness.