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Milestones

March 2005Business commenced in Beijing

February 2005Group license granted by China Insurance Regulation Commission

February 2004Alternative distribution channel development strategy was adopted, creating a significant breakthrough in bancassurance, post office insurance and brokerage

October 2003Launch of "China Agency Blueprint"

December 2003Signed cooperation agreement with Shanghai
Pudong Development Bank

November 2003Grand Opening of AXA-Minmetals Guangzhou Branch

2000-2002 Return on investment come out top 3 among China insurance companies

2002 Capital base raised to RMB 500 million

March 2002Launched Unit-Linked Product. Monthly sales ranked
No. 1 in Shanghai insurance market in November and December 2002

September 2001Sub-license was granted by China Insurance Regulation Commission

July 2001Launched Par 306

January 2001Launched Par Annuity, the first annuity product with whole-life dividend product in the Shanghai insurance market

November 2000Industrial and Commercial Bank of China, AXA-Minmetals and VISA International launched "Peony-AXA-Minmetals Co Brand Credit Card", the first co-branded credit card in Mainland China

September 2000Launched Customer Service Centre equipped with state-of-the-art technology in Shanghai

August 2000"Smart Lady" was voted as "Women’s Favourite Product" by the Shanghai Women’s Association

April 2000Launched China website: www.axa-minmetals.com.cn

August 1999Grand opening ceremony of AXA-Minmetals

June 1999Commenced operations in Mainland China

May 1999Operational license approved by the National
Administration Bureau of Industry & Commerce

April 1999Approval of business license for AXA-Minmetals

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