I. Company Information Xintai Life Insurance Company is a formal insurance company approved by China Banking Regulatory Commission. Founded in May 2007 18, headquartered in Hangzhou, Zhejiang, with a registered capital of 5 billion. The company is supervised by the China Banking and Insurance Regulatory Commission, which ensures that it is unlikely to go bankrupt. Even if there is a problem, other insurance companies designated by the CBRC will take over the business to protect consumers' rights and interests. In addition, Xintai Life Insurance has branches in many regions, covering most economically developed areas in China, providing convenience for consumers. Xintai Life Insurance has a wide range of business, including life insurance business, health insurance business, accident insurance business, reinsurance business and insurance fund utilization business, all of which have been approved by China Banking Regulatory Commission and China.

Two. Solvency According to the summary of the solvency report of Xintai Life Insurance Co., Ltd. in the fourth quarter of 2022, the core solvency adequacy ratio of Xintai Life Insurance at the end of the fourth quarter of 2022 was 1 12.54%, and the comprehensive solvency adequacy ratio was 127.3%. These two figures are in line with the provisions of the China Banking Regulatory Commission on the solvency of insurance companies, that is, the core solvency adequacy ratio is higher than 60% and the comprehensive solvency adequacy ratio is higher than 100%. This shows that Xintai Life Insurance Company has sufficient solvency and sound financial position.