Ping An Insurance (Group) Company of China Ltd

Ping An Insurance (Group) Company of China Ltd is engaged in the provision of a range of financial products and services with a focus on life and property and casualty insurance products. The Company operates in five business segments: life insurance business, property and casualty insurance business, banking business, corporate business, and other business. The Company's subsidiaries include Ping An Life, Ping An Property & Casualty, Ping An Trust, Ping An Securities, Ping An Bank, Ping An Annuity, Ping An Health and Ping An Asset Management. On July 28, 2006, the Company acquired Shenzhen Commercial Bank Co., Ltd.

Guizhou Wire Rope Co., Ltd.

Guizhou Wire Rope Co., Ltd. is principally engaged in the manufacture and sale of steel wires and steel ropes, under the brand name of "Julong". During the year ended December 31, 2006, approximately 64% and 36% of the Company's revenue were obtained from its steel rope and steel wire businesses, respectively. Headquartered in Zunyi, Guizhou Province, China, the Company distributes its products in the domestic market such as southwestern China and eastern China, as well as to overseas markets. In 2006, the Company obtained approximately 83% of its revenue from the domestic market.

Guangdong Yihua Timber Industry Co., Ltd.

Guangdong Yihua Timber Industry Co., Ltd. is principally engaged in the manufacture and sale of wooden furniture and wooden floors. Based in Shantou, Guangdong Province, China, the Company mainly offers solid wooden furniture, solid wooden floors and solid wooden composite floors. During the year ended December 31, 2006, the Company produced approximately 7800 cubic meters of wooden floors and 0.15 million units of wooden furniture. The Company's major brands are Elegance and Yihua. All of its products are exported to the overseas markets, with the United States, the European Union, Japan and Australia as the major markets. As of December 31, 2006, the Company had one subsidiary.

Shandong Binzhou Bohai Piston Co., Ltd.

Shandong Binzhou Bohai Piston Co., Ltd is a Chinese manufacturer of pistons. The Company provides approximately 1,000 types of pistons, with specifications ranging from 30 millimeters to 350 millimeters in diameter, used for vehicles, vessels, motorcycles, agricultural machinery and military machinery. The Company is also engaged in the manufacture and distribution of automobile and motorcycle parts, as well as aluminum foils. Its major products are classified into four categories: automobile use pistons, agricultural machinery pistons, ship pistons and special alloys. During the year ended December 31, 2006, the Company obtained approximately 64%, 13% and 12% of its total revenue from its automobile use pistons business, special alloys business and agricultural machinery pistons, respectively. The Company distributes its products throughout China. As of December 31, 2006, the Company had four major subsidiaries.

Nanjing Chemical Fibre Co., Ltd.

Nanjing Chemical Fibre Co., Ltd. (NCFC) is a Chinese company principally engaged in the manufacture and distribution of viscose filament yarns and viscose staple fibers. The Company is also involved in the manufacture and supply of tap water. During the year ended December 31, 2006, the Company obtained approximately 61% and 31% of its total revenue from its viscose staple fibers and viscose filament yarns businesses, respectively. As of December 31, 2006, the Company had four major subsidiaries. The Company is headquartered in Nanjing, Jiangsu Province, the People's Republic of China.