About Dajia
| In July 2019, as approved by the CBIRC, China Insurance Security Fund Co., Ltd. (“CISFC”), Shanghai Automotive Industry Corporation (Group) (“SAIC”) and China Petrochemical Corporation (“Sinopec”) jointly made capital contribution to establish Dajia Insurance Group Co., Ltd. (“Dajia Insurance Group”) with a registered capital of RMB20.36 billion. The business scope of Dajia Insurance Group is as follows: investing in and holding shares of insurance institutions and other financial institutions; supervision and management of various domestic and international business activities of controlled subsidiaries; investment and insurance fund use business allowed under China’s laws and regulations; insurance business approved by the CBIRC; other business activities approved by the CBIRC and relevant state authorities. Dajia Insurance Group upholds the principle of fairness, ingenuity and kindness, stays true to its original aspiration for insurance and keeps in mind its service mission. It persistently explores the path to healthy development of China’s insurance industry, continuously meets the growing insurance demand of the people, and helps China’s real economic development with steady investment. |