Deep development to prepare for sailing

June 15, 2009, a week of the deep development of the announcement and Ping an life insurance to sign the agreement and the China Peace and New bridge investment signed the "Share purchase Agreement". On that day, the deep development to limit the opening, and finally sealed the limit, which reflects the market for the deep development of the additional good expectations.　　We believe that China's peace as a major shareholder of deep development, will provide a strong impetus for the deep development of the realization of its business objectives. Steady growth ambition sometimes December 2004, NEWBRIDGEASIAAIVⅢ,L.P. (hereinafter referred to as Xinqiao Investment) invest in Shenzhen Development Bank Co., Ltd.　　International advanced management technology and the effective combination of local experience, in business philosophy, risk management, financial management, market development and other fields have injected new vigor into the deep development. 1.　　The steady growth of operating efficiency opened the 2004-year Deep Development Report, the deep development of total assets of 204.3 billion yuan, total deposit of 167.3 billion yuan, total loans of 126.2 billion yuan, non-performing loan rate of up to 11.41%, non-performing loan balance of 14.404 billion yuan, the core capital adequacy ratio of 2.32%.　　According to the 2008-year deep Development Report, the deep development of the total assets of 474.4 billion yuan, total deposit of 360.5 billion yuan, total loans of 283.7 billion yuan, non-performing loan rate of 0.68%, non-performing loan balance 1.928 billion yuan, the core capital adequacy ratio of 5.27%.　　In the past five years of the new bridge, the deep development of various business continued healthy growth, the operating performance increased significantly, the total bank assets, deposit, loan balance and so on are more than 1 time times the growth. 2. In the last 5 years, the development of a regional bank with one of the highest non-performing loan rates has developed into a national commercial bank with the lowest non-performing loan rate (only 0.61%), with nearly 300 branches and 19 major cities nationwide.　　Familiar with the deep development of the people, we all know that deep development in the 5 years of economic growth at the same time, the gradual establishment and improvement of a series of risk prevention system, procedures and methods, forming a comprehensive, prudent, effective and independent internal control system, in order to maintain their own business sustained and stable development, to prevent financial risks play an effective role. 3. Excellent management of the leap loan balance increased by more than 1 time times, and non-performing loans from the end of 2004 to the end of the 14.404 billion yuan to 1.928 billion yuan in late 2008, non-performing loan rate from 11.41% to 0.68%, 2009 1 quarter of the end non-performing loan rate was reduced to 0.61%,　　This is the best embodiment of the deep development of first-class management. After 5 years of tempering, the new bridge and deep development to the vast number of investors is not only a beautiful financial statements, more precious is its international advanced business philosophy and risk control capabilities.　　We believe that already has a first-class management capacity of the deep development, at this moment if the success of the influx of capital, will become a new starting point for future Take-off. Capital expansion straight Hang Yun fan Ji Sea June 12, 2009, peaceLife insurance and deep development sign the agreement to subscribe for the shares of not less than 370 million shares, but not more than 585 million shares, which are not publicly available for development; On the same day, Ping An and the new bridge in China signed the share purchase agreement, which was held by its deep development of 520,414,439 shares. 1. Breakthrough Capital Bottleneck, the development of rapid development in recent years, at the same time fast growth, subject to capital bottlenecks, expansion speed was suppressed.　　If the Ping an group succeeds in achieving the strategic Investment Plan for deep development, at most, the core capital will be supplemented by 10.682 billion yuan for deep development, the core capital adequacy ratio is expected to increase to more than 7%, the capital adequacy ratio is expected to increase to more than 11%, and the capital bottleneck which has plagued the deep development expansion plan will be thoroughly broken. June 15, the deep development announcement of the release plan, the major research institutions also published optimistic expectations. CICC believes that: "The capital strength of the strong shareholder, the deep development of capital bottlenecks have been breakthrough, is expected to enter a rapid growth period." China Bank International, said: "After the deep development of Ping An, the deep development of the ownership structure will be more stable, conducive to the implementation of long-term strategy and stability, the long-term problem of deep development of the capital will be resolved, for the further expansion of the deep development provided a condition."　　The securities said: "After the completion of capital replenishment, the deep development will be additional outlets throughout the country, has been approved in a capital city to set up branches, in the capital increase, the shackles of capital shortage will be lifted."　　As can be seen from the deep development of stock prices to the researcher's point of view, the market has made a positive response to the deep development of the Non-public offering program. 2. To play a synergistic effect, to achieve more win under the existing regulatory conditions permitting, ping An group and the deep development will commence cooperation in all aspects. Ping An life has nearly 45 million individual customers and 2 million company customer resources, as well as a sound national sales network, including about 350,000 life insurance agents and 20,000 sales staff.　　Deep development by virtue of good asset quality and advanced management mode, for the next development is fully prepared, is looking forward to the use of peace and strong customer network relations to quickly increase the number of high-quality customers, expand the scale of business, to achieve asset size and profits of the leap-forward growth. After safe entering the city, the deep development will become an important part of the safe building of a diversified financial platform, and there are opportunities for cooperation in the sharing of customer resources. We expect that the new strategic shareholder's arrival will exceed market expectations.　　Because in addition to breakthrough capital bottlenecks, integrated deep development and peace of business strategy, corporate culture and their respective competitive advantages, we believe that the transaction will have a very large synergy effect.　Comprehensive analysis, we believe that the transaction will be from the deep development, China's peace and the vast number of investors to achieve a more win situation, we look forward to China's capital market another classic case of the birth. AD