As the professional reinsurance company of PICC Group, PICC RE, recognized as "the reinsurer with deepest understanding of primary insurance", has been making consistent efforts on market expansion and client-base building-up since our establishment. We have covered two third of China's property insurance companies and market-leading life insurance companies as well as set up business connections with nearly 100 regional and global clients in thirty-six countries and regions.
Looking to the future, PICC RE will focus on high-quality development initiative while keeping the original mission in mind. We are committed to continuously improving our service with client-centered principle, gradually enhancing our professionalism through innovation, and persistently strengthening our foundations of sustainable development. We are looking forward to joining hands with property and life insurance enterprises for a better ecology, supporting insurance industry to achieve sound performance and making more contribution to the economic and social progress.