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Shareholder - Direct Shareholders

Generali China Life Insurance Co., Ltd (GCL)

Generali China Life Insurance Co., Ltd is GCAMC's majority shareholder. It was founded in 2002 by Assicurazioni Generali S.p.A. and China National Petroleum Corporation (CNPC). It was the first joint venture insurance company approved by the Chinese Government after China joined the WTO. At present, the registered capital of GCL is RMB 3.7 Billion and its total assets amount to nearly RMB 40 billion, making it the largest joint venture life insurance company in China.

Generali China Insurance Co., Ltd (GCI)

Generali China Insurance Co., Ltd is a joint venture property insurance company founded by Assicurazioni Generali S.p.A. and China National Petroleum Corporation. Approved for establishment by the China Insurance Regulatory Commission (CIRC) in 2007, the company is the first joint venture operating in the Chinese non-life insurance market.

Kunlun Trust Co., Ltd

Kunlun Trust Co., Ltd was founded in 1986. Its main shareholder is CNPC Asset Management Company Ltd., which holds 82.18% of its shares. Kunlun Trust Co., Ltd invests in various fields including infrastructure, real estate development, financial markets and others. It has issued more than 900 trust products reaching a total sum of assets under management of more than RMB 210 billion.