Chang An Property & Liability Insurance Ltd (hereinafter cited as CAPLI) is the first specialized liability insurance company established in China upon preparation for ten years, being led by Ministry of Housing and Urban and Rural Construction and supported jointly by other ten ministries and commissions. Upon approval of China Insurance Regulatory Commission, CAPLI started business on September 29, 2007, with the headquarters set up in Beijing. As the first specialized liability insurance company, in addition to such general insurance as property insurance, credit insurance and security guarantee insurance, CAPLI is characteristic for liability insurance and is devoted to constantly expand the coverage and enhance the effect of liability insurance in China by innovating on and developing liability insurance products and services with high technical content. In accordance with the core value outlook of “loyalty, specialty, innovation and aspiration” and with the mission to serve and feedback to the society, the Company is specialized in product innovation and sincere service. The Company advocates the enterprise culture of comprehensive, harmony and advance, cares for the society, people’s livelihood and employees, pursue excellence and strive to become a special liability insurance company with international competitiveness.