Company Profile

* Union Life was incorporated in February 2005 with the approval of China Insurance Regulatory Commission. Union Life is a national life insurance stock company. The Company may run all kinds of life insurance business (including various statutory insurance businesses).

* Union Life is founded by 6 companies including Yongtai Real Estate (Group) Co., Ltd. Its initial registered capital was RMB 300 million and now the capital increases to RMB 420 million, and the capital is up to RMB 1.148 billion.

Union Life adheres to its business philosophy of stable operation, has set up scientific and clear investment organizational structure, professional decision-making system, risk management system to ensure stability of investment decision and effective prevention of risk since its establishment. Union Life has developed a complete product line covering traditional long-term life insurance, participating insurance, dread-disease insurance and short-term insurance.

Union Life boasts the leading support system. As a new company provides comprehensive insurance products, Union Life adopts perfect integrated support operation mode and applies the most advanced software, which technologically ensures that customer can enjoy human-oriented service.

Union Life regards its employees as the most important and precious resources so it provides competitive compensation, welfare and training opportunity for employees, creates good environment for the growth of talents and makes the Company be an attractive place for talents. By virtue of clear strategy, specific development goal, flexible and harmonious working environment, and reward and punishment system, Union Life brings employee's potential into full play to realize win-win.

With hard work and efforts of all employees, Union Life believes that it will achieve its vision—to be a top-class financial group along with growth of finance/insurance industry.