PICC AM HK’s mission: international “window” of the PICC Group: Being responsible to manage the Group’s non-RMB assets. Channeling cross-border investments from/to China. Fulfilling the Group’s oversea investment for diversification. PICC AM HK was established in 2014 and obtained Hong Kong Securities and Futures Commission (“SFC”) licenses for type 4 (advising on securities) and type 9 (asset management). With PICC’s strong reputation, PICC AM HK has been able to raise money from a third party mandate within short period of time. PICC AM HK is 100% managed by PICC AMC: PICC Group provides PICC AM HK with a multi-dimension support through capital, investment resources, channels, talents, management knowledge and experiences. The size of the Group enables PICC AM HK to have bargaining power within the capital markets.