The Shanghai Financial Regulatory Bureau has issued an approval, granting permission for AIA Insurance Asset Management Company Limited to commence business operations. The approved English name for the company is AIA Insurance Asset Management Company Limited. Its registered address is on the 6th floor of the office building at No. 1229 Century Avenue, Pudong New Area, Shanghai. The registered capital is 100 million Chinese yuan, which has been fully subscribed in a single payment in monetary funds by AIA Life Insurance Company Limited.

Concurrently, the bureau has approved the executive qualifications for several key positions. Zhang Xiaoyu has been approved as the Chairman of AIA Insurance Asset Management Company Limited. Ouyang Liliang (AU YEUNG, Lee Leung Franklin) has been approved as a Director and the General Manager. Mark Konyn and Zhang Fenghe (CHEUNG, Anna Fung-wo) have been approved as Directors. Wu Lan and Chen Shiyi have been approved as Independent Directors of the company.