On March 15, 2012, China Nuclear Power Guangdong Taishan Company (hereinafter referred to as “Taishan Nuclear Power”) signed a "sales contract" with France Areva,

purchasing nuclear power equipment from Areva.

      The nuclear power equipment is transported by land from France to the port of Antwerp, Belgium, and is intended to be shipped from the port of Antwerp to Guangzhou Port, Guangdong. During the parking of the nuclear power equipment at the terminal of Antwerp, a container truck passed by and the container on the vehicle collapsed, damaging the nuclear power equipment.

  China Pacific Property & Casualty Insurance Co., Ltd. Guangdong Branch ("CPIC Guangdong") underwrote the equipment. CPIC paid €2.2 million to Taishan Nuclear Power.

     After CPIC Guangdong compensated Taishan Nuclear Power, it entrusted our firm to recover from the responsible party in Belgium. Our firm's lawyers Colin YF Yang and Ding Ting handled the case. Our firm cooperates with Belgian lawyers in litigation. We’ve lost the case in the first instance. After the issuance of judgment, we appealed. During the second instance, after our best efforts, the opponent settled with us and paid €1.58 million to us, which is a very good results.