China Taiping Insurance : PREMIUM INCOME OF SUBSIDIARIES

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 966)

ANNOUNCEMENT

PREMIUM INCOME OF SUBSIDIARIES

Pursuant to the "Regulations regarding the Accounting Treatment of Insurance Contracts" issued by the Ministry of Finance of the PRC, the gross premium income of the subsidiaries of the Company for the period from 1 January 2021 to 31 March 2021 and the corresponding period in 2020 are set out as follows:

	January 2021	January 2020
Name of Subsidiaries	to	to
	March 2021	March 2020
	RMB million	RMB million
Life Insurance Business:
Taiping Life Insurance Company Limited ("TPL")	58,001.94	56,214.05
Property & Casualty Insurance Business:
Taiping General Insurance Company Limited	6,739.78	6,585.25
Pension Business:
Taiping Pension Company Limited	2,106.63	1,640.19

For the breakdown of gross premium income of TPL, please go to the website of the Company at www.ctih.cntaiping.com.

The gross premium income mentioned above is unaudited. Investors are advised to exercise caution.

By Order of the Board of

China Taiping Insurance Holdings Company Limited

ZHANG Ruohan

Company Secretary

Hong Kong, 16 April 2021

As at the date of this announcement, the Board comprises 12 directors, of which Mr. WANG Sidong, Mr. YIN Zhaojun, Mr. HONG Bo and Mr. XIAO Xing are executive directors, Mr. GUO Zhaoxu, Mr. HU Xingguo, Ms. ZHANG Cui and Mr. YANG Changgui are non-executive directors, and Mr. ZHU Dajian, Mr. WU Ting Yuk Anthony, Mr. XIE Zhichun and Mrs. LAW FAN Chiu Fun Fanny are independent non-executive directors.