Alltrust Insurance Company of China Limited

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Alltrust Insurance Company of China Limited (“AICC”) is a nationwide property insurance stock company established by domestic and international large powerful electricity-generating corporations and industrial investment corporations on September 10th 2004. AICC was incorporated in Shanghai with the approval of China Insurance Regulatory Commission (“CIRC”) in September 2004 and with registered capital of RMB 2.178 billion. The shareholders of AICC mainly include Huaneng Capital Services Co., Ltd., China Datang Co., China Huadian Captial Holdings Company Ltd, and Canada Fairfax Financial Holding Co.Ltd., 13 in total. AICC owns a nation- wide service network including 33 province-level branches and over 265 (including 15 in preparing) core sub- branches and marketing service departments.

In recent years, AICC had not only focus on accelerated transformation of the development mode, deepen the business structure adjustment, constantly to optimize and innovate organizational structures, sales mode, management process, and system platform, but also changing market conditions actively, and enhancing overall strength and competitive force continuously. Based on recent excellent value growth and brand image, AICC awarded “China Top Ten Value Growth Insurance Company” in 2015. On December 2015, AICC listed and exchanged stocks in National Equities Exchange and Quotations (NEEQ); at the same time, AICC became the first insurance company in NEEQ.

Currently, AICC’s electrical insurance business had enormous competitive advantages among the market. Until the end of 2015, the total insurance premium income of AICC was 6.697 billion RMB, and AICC’s market shares ranking as 15th amongst the 73 insurance companies in nationwide.

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