| I sincerely welcome all customers for visiting Mirae Asset Life Insurance. |
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Mirae Asset has been established under the investment philosophy motto, 'Building on principles,' and has grown to become a specialized group as a trusted companion of investors representing the capital market of Korea. Releasing into the market Korea's first ever mutual fund, Park, Hyeon Joo Number 1, we established the new horizon of the indirect investment era, and through Mirae Asset's 'make 300 million' savings fund, we provided a platform establishing the long-term investment culture in Korea. Moreover, expanding our domain into the overseas investment markets with the formation of investment management firms in Singapore and Hong Kong, we are performing our responsibilities as a market leader at the forefront in the development of Korea's capital market and as a reliable manager of client assets.
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Mirae Asset Life Insurance will offer new business models in the domestic finance industry and provide the most appropriate financial consulting services to each individual client. We will provide the much needed products in the existing ordinary life insurance, annuities, non-savings insurance areas, and the outstanding management capability of Mirae Asset in the variable insurance and retirement annuities market, where investment management competence is crucial to product quality, we will provide greater satisfaction to all clients.
Mirae Assets management philosophy, which considers clients as the priority, will continue in the future without change. And in the long-term perspective, we will examine our objects in through the eyes of the client and through this provide specialized financial services appropriate to client needs.
In managing the precious investment of clients who have entrusted them with faith in Mirae Asset, we will do our utmost to gain long-term returns for our clients without the slightest carelessness based on the coherent investment philosophy of Mirae Asset. The truth that the client's profit is the profit of the company will never be forgotten by our staff & executives, and we will treasure the intangible asset that is client trust as the most valuable asset and core value of Mirae Asset.
The history of the Mirae Asset challenge starting with the implementation of Korea's first ever mutual fund, will continue to uphold its renowned name as the leader of the Korean & Asian capital markets through the investment management business, securities business, and now with the insurance business. Through our entry into the world capital markets, we will provide more diverse investment opportunities for clients and new areas of opportunity and challenge in the world capital markets where the young & talented personnel of Korea can full-heartedly implement their competencies.
Mirae Asset will take a leading role in creating a culture where corporations and society can grow together. We established the Park, Hyeon-Joo Foundation to establish a desirable corporate philosophy and for the sharing of social values through which we are returning part of our profits to society. The efforts of Mirae Asset, which are attempting to share social values, will continue into the future making Mirae Asset a healthy corporation at one with our neglected neighbors.
As a company existing for our clients and as the pioneer opening a new frontier in Korea's capital market, the history of Mirae Asset's challenges towards the world capital markets will continue into the future. As a specialized investment group independent of industry capital, we promise to do our utmost to become a meaningful entity for each and every one of the clients.
I sincerely ask for your unchanging trust and much encouragement for the new launch of Mirae Asset Life Insurance. Thank you.
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