"Notice on the Confirmation of the Relationship between Insured, Policyholder, and Beneficiary by the Office of the People's Bank of China and the Office of the China Banking and Insurance Regulatory Commission" is abolished.

Notice from the General Office of the People's Bank of China and the General Office of the China Banking and Insurance Regulatory Commission on Matters Concerning the Confirmation of the Relationship between Insured, Policyholder, and Beneficiary is hereby abolished from the date of this announcement. Insurance companies are required to conduct due diligence on related matters in accordance with the relevant provisions of the "Measures for the Due Diligence of Financial Institution Customers and the Management of Customer Identity Information and Transaction Records".