Brief Introduction of Xin 'an Automobile Insurance Co., Ltd.

Xin 'an Automobile Insurance Co., Ltd. (hereinafter referred to as "Xin 'an Insurance Company") was approved by China Insurance Regulatory Commission on 201165438, and after 1248 months of intense preparation, Xin 'an Insurance Company was established by ten companies, including FAW Finance Co., Ltd., FAW Car Co., Ltd., Changchun FAW Fu Wei Auto Parts Co., Ltd., Tianjin FAW Li Xia Automobile Co., Ltd. and Fuao Auto Parts Co., Ltd., with a registered capital of RMB 654.38 billion and its registered place in Changchun, Jilin Province.

Xin 'an Insurance Company will strive to become an innovative automobile insurance company with outstanding development characteristics, obvious competitive advantages, high-quality and efficient service, excellent brand image and sustained growth in value. Xin 'an Insurance Company will gradually set up branches in FAW Group's vehicle production and parts production base, relying on the automobile sales network of FAW Group and dealer shareholders all over the country. Within the approved business scope, focus on automobile insurance business and carry out property insurance business at the same time; Innovatively design insurance products around the automobile industry chain and establish a professional automobile insurance brand.

Xin 'an Insurance Company will further enhance FAW's financial brand service function, promote the development of automobile derivative economy, lay the foundation for FAW Group to deeply explore the development path of combining industry with finance, and make important contributions to the development of automobile post-industry derivative economy.