Sunshine Insurance Group

Relying on the group advantage, with humanities and technology as driving forces, the Sunshine Insurance Group has effectively integrated its insurance and investment resources, continually developed products to meet customer demand, improved its services characteristized by "flash compensation" and "direct pay", and focused on building up strong marketing capability, excellent customer service, outstanding risk management capability and professional asset management strength, and has achieved a healthy, sustainable and rapid development. It became the No.7th largest insurance groups within three years since establishment, listed among the Top 500 Enterprises of China within five years, and becomes a comprehensive insurance financial group which covers P&C insurance, life insurance and asset management business within only seven years. Sunshine Property & Casualty Insurance Co., Ltd., established on July 2005, with a registered capital of RMB 3.18 billion, is an insurance company providing property and casualty insurance service nationwide. Sunshine P&C achieved a good and fast development ever since its establishment, and constantly broke the record of annual premium income of newly-established insurance companies in China. The company has established a nationwide service network through its 36 provincial branches and over 1,300 sub-branches in China, provided insurance coverage for 40 million customers, and paid out RMB 38.3 billion in claims. Sunshine Life Insurance Co., Ltd., established on December 2007, with a registered capital of RMB 9.171 billion, is a nationwide life insurance company specialized in providing comprehensive life insurance products such as life insurance, health insurance, accident insurance, etc. Having maintained a good and healthy development, the company's value has been increasing consistently ever since its establishment, and the company has now 31 provincial branches and over 700 sub-branches, dedicated to provide insurance services including life, pension, health, medical and accidental insurance to its customers nationwide. Sunshine Asset Management Co., Ltd. was established in December 2012, based on the Sunshine Asset Management Center. With its professional investment team and the "robust, standardized, professional" investment philosophy, its investment performance has been ahead in the Chinese insurance industry for several years. In addition to traditional investment instruments such as deposits, bonds, stocks and mutual funds, Sunshine Asset Management Co., Ltd. can also invest in financial products compliant with the relevant requirements of the China Insurance Regulatory Commission. The financial products include commercial banking products, credit asset-backed securities issued by financial institutions, trust companies' funding plans, securities firms specialized asset management plans, insurance asset management companies infrastructure investment plans, real estate investment programs and project-backed financial products. Sunshine Insurance Group actively fulfills its social responsibilities as an outstanding corporate citizen. During the past nine years, Sunshine has provided insurance coverage to more than 130 million customers with the sum assured of over RMB 80 trillion, paid claims of over RMB 40 billion, paid tax of over RMB 13 billion, and provided over 100,000 job opportunities, and donated fund and materials equivalent to over RMB 80 million in various kinds of public charity. In 2008, Sunshine Insurance donated over RMB 3 million to Wenchuan Earthquake area. In 2010,Sunshine Insurance donated RMB 10 million to Yushu Earthquake and RMB 2 million to Hainan Province to support the post-disaster reconstruction. In 2012, Sunshine Insurance donated RMB 2 million to Beijing rainstorm disaster area, and in 2013, donated RMB 5 million to Lushan Earthquake. In addition, Sunshine Insurance denoted insurance for the Antarctic expedition ship "Snow Dragon" of China's 22nd Antarctic Expedition Program, launched in cooperation with Central Committee of Communist Youth League the "Chinese Youth to Construct New Countryside & Help the Rural Young People Transfer Employment and Start Business", constructed 19 Sunshine Insurance Caring Schools in Hunan, Guizhou, Sichuan, Shandong, Fujian, Tibet, Yunnan, Guangxi etc. Sunshine Insurance took the lead in the insurance industry to establish "Sunshine Insurance Young Volunteers Association" and "Sunshine Insurance Caring Fund" in March 2009, in order to promote the mechanism and normalization of public service activities. Sunshine Insurance Group has been supporting the eligible staffs' parents by paying them a monthly allowance of RMB 200 per family since Year 2010, covering over 10000 families till 2012 year end. With its innovative management mode, excellent corporate culture and persevere social responsibility, Sunshine Insurance has been highly recognized by the society and has won the following honors: China Top 50 Public Welfare Enterprises, China Red Cross Medal, Most Socially Responsible Insurance Company, Best Business Models in China, Best Management Innovation Company, the first National Corporate Culture Demonstrative Base in financial industries, Excellent Employer of China Financial Services Industries, Best Corporate Culture Award, Best Claim Settlement Insurance Company, Most Competitive Company and its Chairman Mr. Zhang Weigong has been granted as "2012 CCTV Economic Person of the Year". All of these have greartly contributed to Sunshine's brand image and enhanced its social influence. Sunshine Insurance,by adhering to the vision of "Build an insurance company of best quality and strength", by practicing the mission of "Growing together" and the core values of "Integrity & Careing" and "Creating Values" and by continously "Overcoming itself", is striving to become a leading comprehensive financial group in the world.