AEON LIFE INSURANCE COMPANY, LTD.

Centennial Life Insurance Co., Ltd

Centennial Life Insurance Co., Ltd. is a national life insurance company approved by China Insurance Regulatory Commission. The company was formally established on June 3, 2009, and its headquarters is located in the beautiful coastal city of Dalian. The registered capital of the company is 1.66 billion yuan, which is composed of 14 shareholders. Among them, Rongda investment, Dalian Port Group, Xinguang holdings and Yifang real estate each hold 12.0482% shares, ranking the first. Among them, Xinguang Holding Group Co., Ltd. has applied to Jinhua intermediate people's Court of Zhejiang Province for bankruptcy, and its 800 million shares of Centennial life insurance have been frozen by the judiciary.

On November 8, 2019, the list of winners of the 14th China Insurance Innovation Award was announced, and Centennial Life Insurance Co., Ltd. won the 2019 culture and Brand Award (the most growing insurance brand in 2019).

Company profile

Centennial Life Insurance Co., Ltd. is a national life insurance company approved by China Insurance Regulatory Commission. The company officially opened on June 3, 2009, with its headquarters in Dalian. The registered capital of the company is 1.66 billion yuan, which is composed of 14 shareholders including Rongda investment, Dalian Port Group, Xinguang Group and Yifang real estate. Among them, Xinguang Holdings has applied to Jinhua intermediate people's court for bankruptcy.

Centennial life adheres to the corporate culture concept of "innovation for Centennial, care for eternity", which has attracted many elites in the industry to join in. Centennial life actively learns from the advanced business management experience in the industry, actively carries out diversified innovation in the company's operation management, financial and investment management, product design, information technology and customer service, and constantly introduces differentiated products and services with Centennial life's characteristics and flexible operation process, so as to maximize customer value. "Yibaotong" is a brand-new insurance concept created by Centennial life in China's insurance industry. With the help of sharing centralized, standardized and electronic service platform, it realizes the full range of family security service functions through customer's exclusive number. It is committed to customer demand-oriented, combined with the characteristics of sales channels, following the market principles, innovation and differentiation principles, robustness principles, profitability principles and compliance principles in the product development process, so as to adapt to the market and meet the personalized insurance product needs of customers. Centennial life has set up 21 provincial branches in China, with more than 390 branches at all levels.

Business products

Introduction to shareholders

The main shareholders of Centennial life include 15 shareholders, including Dongfang asset, Guodian power, Rongda investment, Huaxin trust, Dalian Port Group, Dashang group, time Wanheng (formerly Liaoning Times) and Zhejiang Xinguang. Among them, Xinguang Holdings has applied to Jinhua intermediate people's court for bankruptcy.

Brief introduction of major shareholders

China Eastern asset management company

China Eastern asset management company, established in Beijing in October 1999, is a wholly state-owned financial enterprise with independent legal personality. The registered capital of the company is 10 billion yuan. The company's main business is to acquire, manage and dispose of non-performing assets of financial institutions, and pay equal attention to the operation of non-performing assets and the development of other financial services. The company has set up 25 offices and 1 operation Department in 26 central cities in China, which is responsible for the asset management, operation and disposal in the areas under its jurisdiction. The company has Dongyin development (holding) Co., Ltd., Shanghai Dongxing investment holding Development Co., Ltd., Bangxin Asset Management Co., Ltd. and Dongfang Hotel Holding Co., Ltd., as well as Dongxing Securities Co., Ltd., China Foreign Trade Financial Leasing Co., Ltd., Dongfang Jincheng International Credit Evaluation Co., Ltd. and other financial service platforms.

Guodian Power Development Co., Ltd

Guodian Electric Power Development Co., Ltd. is a national listed company controlled by China Guodian Group Corporation. It is the direct financing window of China Guodian Group Corporation in the capital market and the platform for implementing the overall restructuring. As of the end of June 2008, the total share capital of the company was 5.448 billion shares, with 9 wholly-owned enterprises, 11 holding enterprises, 18 joint-stock enterprises and 4 branches. The company's asset structure is excellent, and its power generation enterprises are distributed in 11 provinces, cities and autonomous regions in Northeast, North China, East China, southwest and northwest. As of the end of June 2008, the company held 13.005 million kw of installed capacity and 10.447 million kw of corresponding equity capacity.

Dalian Rongda Investment Co., Ltd

Dalian Rongda Investment Co., Ltd. is a wholly state-owned enterprise funded by Dalian Finance Bureau. The company has three functions: investment platform, financing platform and state-owned assets management platform. It is mainly engaged in state-owned assets operation and management business, project investment and management business. It is the main financing platform and financial state-owned assets management platform of Dalian municipal government. As of December 31, 2007, the total assets of the company were 17.9 billion yuan.

Dalian Huaxin Trust Co., Ltd

Dalian Huaxin Trust Co., Ltd. is a financial institution approved by China Banking Regulatory Commission with a registered capital of 1.21 billion yuan. As of the end of 2008, the credit risk assets under the corporate trust were 28.28 billion yuan. The actual rate of return of the managed trust plan reaches or exceeds the expected rate of return at the time of issue. The company actively carried out financial equity investment and held shares of Datong securities, Bank of Dalian, Liangyun futures and other financial enterprises by the end of 2008.

Dalian Port Corporation Limited

Dalian Port Group Co., Ltd., with a history of 100 years, was established in April 2003 with a registered capital of 4 billion yuan and total assets of 20.3 billion yuan. Dalian Port Co., Ltd. was established in November 2005 and successfully listed in Hong Kong in April 2006. Dalian port has achieved a new historic breakthrough in establishing a modern enterprise with diversified equity. In 2008, Dalian Port Group completed a throughput of 185 million tons, an increase of 11.9% over the previous year, and a container throughput of 4.51 million TEUs, an increase of 18.1% over the previous year.

Dalian Dashang Group Co., Ltd

Dashang group is one of the largest retail groups in China, ranking 85th among China's top 500 enterprises in 2008. Dashang group has 150 large-scale shops in more than 50 cities in 11 provinces, with a total construction area of 3 million square meters and a total number of 160000 employees. In 2007, the sales exceeded 50 billion yuan, the profits and taxes exceeded 1.3 billion yuan, and the annual growth rate of sales was more than 30% for 10 consecutive years. In 2008, sales reached 62.5 billion yuan, creating another miracle in the crisis. Dashang group has grown into a leading enterprise in the national department store industry.

Liaoning Shidai Wanheng Co., Ltd

Liaoning Times Wanheng Co., Ltd. (formerly Liaoning Times garment import and Export Co., Ltd.) was listed and traded in Shanghai Stock Exchange on November 28, 2000. The registered capital is 106 million yuan. The main business of the company is clothing export, and began to invest in real estate projects.

Zhejiang Xinguang Jewelry Co., Ltd

Zhejiang Xinguang Jewelry Co., Ltd. was founded in 1995. After 14 years of development, it has the largest production base of popular jewelry in China and even in the world. Its business network covers more than 70 countries and regions in the world. Is China's jewelry industry "leading" enterprises. Xinguang jewelry company is the backbone enterprise of China Xinguang holding group. Xinguang holding group is a large-scale private enterprise group integrating investment, trade, real estate and industry. It has six subsidiaries, several holding companies, joint-stock companies and wholly foreign-owned companies. The registered capital is 96.68 million yuan. Xinguang holdings and its subsidiaries are deeply in the liquidity crisis, and the total amount of interest bearing liabilities of financial institutions is as high as 34.085 billion yuan, which has been sued by many debtors. Xinguang holdings, the second largest shareholder of Centennial life, received the civil ruling (2019) zh07 Poshen No. 6 from Jinhua intermediate people's court and accepted its bankruptcy reorganization application. At present, the 800 million shares (10.26%) of Centennial life held by Xinguang holdings have been completely frozen.

development history

2012

April 17th

Centennial life Jilin Branch officially opened.

March 13th

Centennial life Inner Mongolia Branch officially opened.

2011

January 5th

Centennial life Shandong Branch officially opened.

May 4th

Century life Jiangsu Branch officially opened.

May 31st

China Insurance Regulatory Commission officially approved the establishment of Fujian Branch of Centennial life.

July 19th

Centennial life Sichuan Branch officially opened.

October 27th

China Insurance Regulatory Commission officially approved the establishment of Jilin Branch of Centennial life.

November 25th

Centennial life Shaanxi Branch officially opened.

November 29th

Centennial life Fujian Branch officially opened.

2010

February 11th

China Insurance Regulatory Commission officially approved the establishment of Centennial life Henan Branch.

March 2nd

China Insurance Regulatory Commission officially approved the preparation of Anhui Branch of Centennial life.

May 25th

China Insurance Regulatory Commission officially approved the establishment of Heilongjiang Branch of Centennial life insurance company.

May 31st

Centennial Life Beijing Branch officially opened.

August 4th

Centennial life Henan branch and Heilongjiang Branch officially opened.

August 10th

Centennial life Anhui Branch officially opened.

August 18th

China Insurance Regulatory Commission officially approved the establishment of Centennial life Shandong Branch.

December 2nd

China Insurance Regulatory Commission officially approved the establishment of Centennial life Jiangsu branch.

Chinese PinYin : Bai Nian Ren Shou Bao Xian Gu Fen You Xian Gong Si