State Investment Capital (600061): State Investment Taikang Trust Completed Capital Increase Business Change Registration Company Subsidiary Invested 1 Billion 620 Million Yuan

600061.SH announced that in December 27, 2019, the wholly-owned subsidiary of the State-owned Investment Holding Company Limited ("state investment capital holdings") held the trust of Taikang Trust Company Limited (the "Taikang trust") and received the approval of the Beijing Banking Regulatory Commission on the increase of registered capital and the adjustment of the shareholding structure of the state investment Taikang Trust Co., Ltd. (Beijing Bank Insurance Regulatory Commission [2019] 1074). Its application for increasing registered capital and adjusting the ownership structure has been approved by the regulatory authority. Recently, Taikang trust has completed the business registration change.

The existing shareholders of the Taikang trust of the DPC invested 1 billion 800 million yuan in cash with the same proportion of capital increase, and assessed the 3.75 yuan of net assets per share as the capital raising price for the capital increase. The wholly-owned subsidiary of the company invested 1 billion 620 million yuan in its capital investment and invested 180 million yuan in Taikang asset management limited liability company.

After the completion of the capital increase, the net assets of the trust fund of Taikang trust were more than 8 billion yuan, of which the registered capital increased from RMB 2 billion 190 million 500 thousand yuan to RMB 2 billion 670 million 500 thousand yuan, and the proportion of shareholders' contribution was changed accordingly: the proportion of capital contribution contributed by the state investment increased from 55% to 61.29%, and it remained the controlling shareholder; the Taikang Insurance Group Limited by Share Ltd and Taikang Asset Management Co., Ltd. jointly contributed The proportion was adjusted to 30.51%; the capital contribution ratio of Yueda capital Limited by Share Ltd was adjusted to 8.20%.

The above capital increase will not lead to changes in the scope of the consolidated statements of listed companies. Capital increase will help to further enhance the capital strength of the Taikang trust, enhance the market competitiveness, optimize the allocation of resources of listed companies, and promote the high quality development of listed companies.