【正文】 ned target, increasing by 128 percent over the last year, which was much higher than that of the average level in the industry. Among it, the premium ine from personal insurance was 753 million yuan, the premium ine from group insurance was 863 million yuan with a good structure in proportion of the premium. The total assets of the pany had reached billion yuan, an increase of 14 percent over the last year. Under the situation of low tide in investment market, the pany operated money with an enjoyable result. The quality of assets was good. The prehensive rate of investment return was percent, of which the return rate of investing in security and funds was percent.II. The structure managed by artificial person mixing with the international wayThe structure managed by artificial person with international concept, the system of modern entitled right and trust and the obvious agency relation were the bases of increasing the core petence of the pany. In 2000, the pany successfully acplished the work of raising money from foreign capital, modified 《The Statutes of the Company》under the help of the international lawyer office and decided the scientific structure managed by artificial person that mixed with the international way. In 2001, through the reform of manpower resources, the pany radically established the basic organizational framework of “taking core business as guide and CEO as a core” and the system of entitling rights and trust。 In November, the pany held a directorate and passed another working rules for all professional mittees. A newly modern life insurance enterprise appeared in front of the people. The reform of the structure managed by artificial person was acplished successfully, which realized to mix with the international way in the system framework and laid a firm foundation on continuous development for Tai Kang Life Insurance Company Limited.III. Basically acplishing the net framework in the country The year 2001 was a year when the pany developed rapidly. By the end of the year, there were 23 branches in the country (among them there were 12 branches under preparation). These institutions succeeded in building up the net framework of the national life insurance pany. At the first half of the year, five branches in Jinan, Zhengzhou, Hangzhou, Nanjing, Tianjin and four main branches in Yichang, Xiangfang, Foshan and Dongguang opened their businesses successfully, which indicated the basic pletion of the strategic layout of the institutions of the national pany. At the second half of the year, ratified by China Insurance Regulatory Commission, Four branch panies in Shenyang, Chengdu, Wuhan and Guangzhou prepared to establish 16 main branches including Anshan etc. In November, the pany was approved to establish 18 branches including Xi’an etc. and 138 main branches including Louyang etc. Based on the experience of probing and summing up the establishments of institutions, in 2001, the establishment of the branches had high efficiency and the cost reduced, which speeded up the steps into market and opened the new chapter of the rapid development in Tai Kang Life Insurance Company Limited. IV. Enjoying AAA credit rate On August 15, 2001, at the fifth anniversary of the pany, the pany enjoyed the AAA high credit rate in China insurance industry, which was the first time that after the pany adopted the international mon credit rating method in 1998 and enjoyed the first AA credit rate in China insurance industry, the pany again enjoyed the high credit rate. The credit rating method of life insurance was based on the overall analysis of risks exposed to life insurance panies and also on the prehensive assessment for the solvency of life insurance panies. This assessment institution —— China Faith International Credit Rating Co., Ltd. made an overall rating to the outside operation surroundings, basic quality, financial situation, the ability to control risks and solvency of Tai Kang Life Insurance Company Limited, drew a conclusion that the pany had very strong solvency and the least risk.This time, the pany was honored AAA credit rate, which was the eventual result of always paying attention to standardized management and reinforcing to control risks for five years. In 2001, the inner control system of the pany was further improved and was smoothly passed the annual check by ISO9001. At the same time, in order to meet the need of rapid development, the pany added the general auditing supervisor in the managing mittee, strengthened the inner auditing management and made emphasis on the protection for all risk points in the process of operation management of the pany. In the aspect of finance, the pany went on to carry on the stable financial policy. Faced with the rapid growth in institutions and business, the pany laid stress on strengthening to control costs and increasing economic benefits and protecting against all kinds of business risks in the financial management. From the beginning of 2001, the pany carried out an overall budget management, balanced the relation between input and output in all branches and brought the cost and business plan into a scientific managing way. V. Forming a series of insurance products participating in profits In 2001, the pany primarily formed a series of insurance products participating in profits. In personal insurance, the pany earlier or later launched Century Baby Endowment Insurance (participation in profits) and Pine and Crane Prolong Life Endowment Insurance (participation in profits)。 Meanwhile, cooperating with the need of market development, the pany held the first custome