Common use of Upper Limits of Investment Management Fees Clause in Contracts

Upper Limits of Investment Management Fees. During the term hereof, the upper limit of the investment management fee payable to Party A in each year is RMB 500 million. Since the transactions hereunder constitute connected transactions of Party B’s controlling shareholder China Life Insurance Company Limited, in order to meet Party A’s regulatory obligations for connected transactions under the rules of listing venues, the upper limits agreed herein include the issuance fees and investment management fees incurred by Party B’s subscription of Party B’s financial products using Party A’s entrusted funds. The aforesaid transactions will constitute Party A’s fund utilization connected transactions under the regulations of CBIRC, and Party B shall have the obligation to identify such connected transactions and cooperate with Party A to complete the connected transaction management obligations under the regulations of CBIRC with reference to section 6.2.6 hereof. The aforesaid obligations and procedures shall not be automatically exempted by entering into this agreement.

Upper Limits of Investment Management Fees. During the term hereof, the upper limit of the investment management fee payable to Party A in each year is RMB 500 million. Since the transactions hereunder constitute connected transactions of Party B’s controlling shareholder China Life Insurance Company Limited, in order to meet Party A’s regulatory obligations for connected transactions under the rules of listing venues, the upper limits agreed herein include the issuance fees and investment management fees incurred by Party B’s subscription of Party B’s financial products using Party A’s entrusted fundsEntrusted Funds. The aforesaid transactions will constitute Party A’s fund utilization connected transactions under the regulations of CBIRC, and Party B shall have the obligation to identify such connected transactions and cooperate with Party A to complete the connected transaction management obligations under the regulations of CBIRC with reference to section 6.2.6 hereof. The aforesaid obligations and procedures shall not be automatically exempted by entering into this agreement.