Central Huijin Investment Ltd. (“Central Huijin”) recently signed an agreement with China Insurance Security Fund Co. Ltd. (“CISF”) to buy 38.815% of shares in New China Life Insurance Co. Ltd. (“NCI”). This transaction has undergone strict asset appraisal and corporate governance procedures, and has been approved on the shareholders meeting of NCI. Central Huijin will further utilize its expertise in corporate governance to promote NCI’s long-term steady development.