Beijing– Manulife-Sinochem Life Insurance Co., Ltd. Beijing Branch is partnering with the Junzhuang Rest Home for the Elderly as part of the China Insurance Regulatory Commission’s One Year City Country Mutual Benefit program, it was announced today.
“Manulife-Sinochem is proud to be supporting the City-Country Mutual Benefit program by contributing paintings, calligraphy sets and other items towards improving the environment for elderly residents at the Junzhuang Rest Home,” said Mr. Arthur Lin, General Manager of Manulife-Sinochem’s Beijing branch.
The Company’s Beijing Branch has been supporting the Rest Home for the last three years by donating money and clothes to the charity. In addition to this latest initiative, Manulife-Sinochem will also be donating gifts to help the Junzhaung residents celebrate Mid-Autumn Festival on September 25, 2007.
Manulife-Sinochem is a joint venture company between Manulife (International) Limited (51 per cent) and China Foreign Economic and Trade Trust & Investment Company, a member of the Sinochem group (49 per cent).
China Foreign Economic and Trade Trust & Investment Company (FOTIC) is a core enterprise of Sinochem. Sinochem, founded in 1950, is one of the biggest foreign trading companies in China. Since 1989, Sinochem has topped the list of the country’s 500 leading foreign trading companies and has also been recognized as a Fortune 500 company for 17 consecutive years.
Sinochem can be found on the Internet at www.sinochem.com.
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$410 billion (US$386 billion) as at June 30, 2007.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.
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