All right. China People's Life Insurance Co., Ltd. (hereinafter referred to as China PICC Life Insurance) is a national life insurance company established by China People's Insurance Group Company (hereinafter referred to as China PICC) with the consent of the State Council and the approval of China Insurance Regulatory Commission. PICC life insurance is smarter than life annuity insurance. China People's Insurance Company (PICC) Smart Win Life is an annuity insurance listed by PICC Life Insurance Company, which belongs to children's education fund insurance, and has various protection functions to meet the needs of children at different stages.