| Company address | 21/F, Building 1, Century Plaza, No. 1198, Century Avenue, Pudong New Area, Shanghai, and 8/F, No. 88, West Chang'an Street, Beijing |
| Company Profile | PICC Asset Management Co., Ltd. (hereinafter referred to as PICC Asset Management), established on July 16, 2003, is the first domestic insurance asset management company initiated by the People's Insurance Group of China Limited (stock code: 1339. HK) with the consent of the State Council and the approval of the CIRC. At present, it has 1.7 trillion yuan of assets under management, and has the ability to invest in stocks, unsecured bonds, equity, infrastructure investment plan products, real estate investment plan products, derivatives and trust products approved by the CIRC, Having the qualification of enterprise annuity investment manager approved by the Ministry of Human Resources and Social Security and the qualification of operating foreign exchange business approved by the State Administration of Foreign Exchange, being selected as the basic pension insurance fund securities investment management institution, being approved to issue investment and wealth management products and entrusted to manage qualified investor funds, and being approved to carry out public fund business, China's capital market adheres to the value investment philosophy One of the important institutional investors who create absolute returns for customers. Since its establishment 20 years ago, PICC Asset has focused on the application of insurance funds, based on the concept of asset liability matching management, explored and established an asset management value chain from asset strategic allocation, asset tactical allocation, asset transaction allocation to centralized transaction and full process risk management and control, and focused on building an asset portfolio that can obtain sustainable and stable income, Adhere to the principle of income gap management with absolute income as the core, and contribute long-term stable investment income to the client. Over the past two decades, China's financial market has become increasingly mature and the wealth management industry has become increasingly integrated. PICC Asset scientifically planned its development strategy, actively grasped the development opportunities of third-party business and investment opportunities of alternative assets, early carried out the special account management business of third-party insurance institutions among domestic insurance asset management institutions, actively innovated and carried out equity investment, infrastructure debt investment business, asset management products and other businesses, and actively prepared for public fund business, It has formed a diversified development pattern of business such as special account management, asset management products, debt investment plan, equity investment plan, real estate investment plan and foreign exchange investment, and has established good cooperation relations with major domestic financial institutions and large and medium-sized leading enterprises. Since its establishment, PICC Asset has always adhered to professional development, market-oriented operation and standardized operation. It is the first insurance asset management institution to establish a three-way custody mechanism of "trust trust trust" funds, and has explored and established a risk prevention and control system covering the whole investment process; Over the past 20 years, PICC Asset has also cultivated an investment research management and business execution team with an international investment vision and experienced market multi cycle training, and faithfully fulfilled its commitment to value creation for each client. The road is not far if you have a direction. Facing the future, PICC Assets will deeply understand and grasp the "PICC coordinates" serving the modernization of China, deeply implement the excellent strategy of PICC Group, work hard to create a new situation of high-quality development of PICC Assets, and write a new chapter of excellent insurance asset management companies in the new era. |
