Regulations Governing Investment of Investment-linked Insurance Article 8

The assets in the seperate account and the ones in the insurer's general account are not allowed tobe sold, swapped or transferred to each other, but it is not limited to any of the following conditions1. Transfer the assets in the general account to the seperate account of the investment-linkedinsurance not having discretionary decision from the insurer on the investment object, so as toestablish the seperate account and give normal operation of the policy where the assets aretransferred into its seperate account2. Necessary transfer-out of the insurance cost or the expenses regulated in article 3.3. Protect the interests of the insurance applicant or beneficiary, which shall be approved bycompetent authorities.Unless otherwise approved by competent authority in advance to use the underlying assets regulatedin paragraph 1 of article 10 in transfer, the transfer shall be made by cash.