Introduction of Renren Life Insurance Company

1. Renren Life Insurance Co., Ltd. was established on June 23, 20 10, with its registered place at floor 1002, No.6 Jianguomenwai Street, Chaoyang District, Beijing. Why is the legal representative Xiao Feng? With the approval of China Banking Regulatory Commission, China Insurance Guarantee Fund Co., Ltd., sinopec group and Shanghai Automotive Industry (Group) Corporation jointly established Dajia Insurance Group Co., Ltd. with a registered capital of 20.36 billion yuan in July 2009.

2. Business scope of the company: life insurance, health insurance, accident insurance and other life insurance businesses; Reinsurance business of the above business; Insurance fund utilization business permitted by national laws and regulations; Other businesses approved by China CIRC.

3. Renren Insurance Group adheres to the initial intention of insurance, focuses on the main business of insurance, adheres to the service mission, persistently explores the healthy development of the insurance industry in China, constantly meets the growing insurance demand of the people, and helps the development of the real economy in China with steady investment.

4. Renren Insurance Group adheres to the customer-centered development concept, builds an insurance ecosystem around the customer life cycle, and provides one-stop insurance protection solutions covering life insurance, property insurance, old-age security and wealth management for individual customers, family customers and group customers.

5. Focusing on the core of insurance business, Renren Insurance Group explores and integrates resources at the group level, taking products as the carrier and services as the guide, relying on the advantages of full license and wide outlets of the Group, and constantly improving management efficiency and customer experience through technological empowerment and innovation, actively responding to and meeting the core needs of consumers in the fields of healthy old-age care, property protection and wealth management.