Preferred stock

According to the Circular of the Ministry of Human Resources and Social Security Concerning the Pilot of Enterprise Annuity Investment in Equity and Preferred Shares (Circular 64, 2014) and with the approval of the central banking, securities and insurance regulatory authorities, some companies were selected as pilots for enterprise annuity investment in equity and preferred shares. The company has issued Taikang Asset Jufeng Preferred Stock Pension Product .