CISFC was formally established in September 2008 to take over the shares held by CISF in New China Life Insurance Co., Ltd. ("NCI"). During the period, the Company fulfilled its duties according to the laws, intensified the control over internal risks, thus maintaining the stability and development of NCI well.

CISFC signed the transfer agreement with Central Huijin Investment Ltd. ("CHI" for short below) in November 2009. It accordingly completed the one-off transfer of 38.815% shares it holds in NCI to CHI, enabling CISF to exit from NCI smoothly and marking its success in risk resolution of NCI.