CCB buys 51% stake in Pacific Aetna to change its name to build letter life

December 27, the history of the Pacific Antai equity trading has finally settled. Once again bought the Pacific Aetna 1% Stake, the construction bank finally to 51% of the equity holding joint venture life insurance company Pacific Aetna, become the bank, BOC, Beijing, the fourth successful holding company of commercial banks. After the completion of the transfer of shares, Pacific Aetna is proposed to change its name to Jian Shin Life Insurance Co.　　The final completion of this transaction has yet to be approved by the relevant regulatory authorities. CCB again bought 1% stake in the night of December 27, the CCB issued a notice, its leading joint bid group successfully by the Tai Bao groups listed sold Pacific Aetna Life Insurance company 50% Equity. On the same day, the construction bank and the common investors and the Tai Bao group signed the "Property transaction agreement", of which the construction Bank to buy Pacific Aetna 1% stake.　　Together with the December 2009, the construction Bank and the Netherlands International Group ("ING") signed the purchase of Pacific Aetna 50% stake in the "equity transfer Agreement", the construction Bank will be the total holding Pacific Aetna 51%, become the company's controlling shareholder. After the completion of the transaction, Pacific Aetna shareholders will be the Tai Bao group and ING change for the Construction Bank (51%), China Life Insurance Company Limited (Taiwan) ("Chinese Longevity (Taiwan)", 19.9%), China Bank Investment Co., Ltd. (19.35%),　　Shanghai Jinjiang International Investment Management Co., Ltd. (4.9%) and Shanghai Hua Xu Investment Co., Ltd. (4.85%).　　Pacific Aetna is established in 1998, Sino-Foreign joint venture insurance company, registered capital of 800 million yuan, its sponsor shareholders for the Tai Bao and the United States Aetna Insurance, after ING (Dutch Insurance International company) acquired the United States Aetna International Business, and the Tai Bao Group, respectively, holding the Pacific Aetna 50% stake.　　Up to now, Pacific Aetna has 30多万名 customers, the cumulative total premium of more than 6 billion yuan, with more than 3,000 employees, total assets of 3.7 billion yuan, 2009 to achieve the premium income of 980 million yuan, 28 foreign and joint-venture insurance company 12th. Earlier, China Life (Taiwan) released information that the company to 379 million yuan, about NT $1.78 billion, shares in the Pacific Palic, the stake is 19.9%.　　The Tai Bao in Shanghai, the United Property Exchange officially launched Pacific Aetna, 50% of the equity offer of 940 million yuan.　　Although the construction bank did not disclose more financial details, it was estimated that the bank's 1% per cent stake in the price paid about 19 million yuan. Taiwanese companies will send reinforcements to the Pacific Ocean, meaning the company's strategy to lay out the perfect ending. CCB, in addition to relying on its own channels, to win China Life (Taiwan) More Pacific Aetna to pave the way for future development.　　China Life (Taiwan), as Taiwan's leading company specializing in bank insurance business, can provide personnel, technical and management support to Pacific Aetna, thus making up for the construction bank's deficiencies in the management of the operation. Chinese longevity (Taiwan) A insider told reporters that the company 200The representative office was set up in Beijing in 5 years, because of the low share of foreign insurance companies in the mainland and the lack of experience in using local marketers to carry out a risky business, the company has long been looking for the right bank to cooperate in banking insurance business in the mainland, and the cooperation with CCB has been in place for six months. The person introduced that, currently in Taiwan, 67% of the new contract is made by the Bank insurance contributions, while the Chinese longevity (Taiwan) bank insurance accounted for more than 70%, silver insurance experience.　　In the future, the company will be stationed in the Pacific, to better carry out bank insurance business with CCB.　　According to the China Life (Taiwan) website, the company's operating income of three quarters was 134.414 billion NT dollars 2010 years ago, with a net profit of NT $2.879 billion. Prior to that, the Bank of communications acquisition of China Life held by the Sino-Hong Bao-kang Lian 51% stake in the name of the company to become more of the new Yin Kang Lian; , BOC Group Insurance Company transferred its 100% equity stake in BOC Insurance to the Bank of China; ICBC and the French AXA AXA, China Minmetals agreed on the Jinsheng trading deal, holding a 60% stake in Jinsheng life. Combined with the successful transfer of Pacific Aetna, several large banks, other than AgBank, have already laid out the insurance market.