I. Project Name

China Life Insurance (Group) Company’s Enterprise-Wide Time Synchronization System Construction Project ( NTP Server Procurement and Deployment Project)

II. Duration of Cooperation

2026 Year One Quarterly

III. Company Profile of China Life Insurance Company

China Life Insurance (Group) Company is a large, centrally administered financial enterprise directly overseen by the Ministry of Finance. It is also one of China’s most influential state‑owned, super‑large financial and insurance groups, with its headquarters located in Beijing. The company boasts a deep-rooted corporate heritage, tracing its origins back to… 1949 The former People’s Insurance Company of China, established in [year], has undergone numerous strategic restructurings and institutional reforms. 1996 In [year], it was restructured into China Insurance Life Insurance Co., Ltd. 1999 In [year], it was officially renamed China Life Insurance Company. 2003 Over the course of the year, the Group completed its corporate restructuring, with several core subsidiaries successively listing both domestically and internationally, while its market-oriented, group‑based operating framework has steadily matured.

The company has long been listed in Fortune’s Global… 500 It ranks prominently, consistently maintaining a leading position in China’s financial and insurance sector in terms of overall operational strength, brand influence, and service capabilities. Its business footprint spans… Insurance, banking, asset management, funds, investment, and elderly care & health In the diversified financial sector, it has established a comprehensive, multi‑business‑line financial services platform, holds controlling stakes in several commercial banks, and is one of the core institutional investors in China’s capital markets.

Leveraging a nationwide service network, China Life has established over 20,000 offline branches and service outlets, assembled a large-scale, highly professional service team, and served a cumulative total of more than 8 With hundreds of millions of customers, the brand has ranked first in China’s insurance industry for many consecutive years. Throughout its business development, the company has remained committed to its original mission of serving the real economy and safeguarding people’s well-being, actively participating in the construction of the national social security system, major public‑interest projects, and a wide range of financial service initiatives.

As digital transformation progresses, China Life Insurance has steadily accelerated its efforts to build an information‑driven and intelligent infrastructure, establishing a unified group‑wide platform for information management, business transaction processing, customer service, and risk control. A range of core business systems… 7×24 Hour-long continuous operation, placing demands on the network architecture, device stability, and data… Accurate degree and Unified Time benchmark With stringent standards, time synchronization systems have become an indispensable and critical component of enterprise information infrastructure.

IV. Purchased Products

1. Product Category: NTP Network Time Server (Clock Server)

2. Product Model: DNTS-9

3. Product Attributes: A standard rack‑mount, high‑precision time‑synchronization device that provides unified, standardized, and reliable time‑synchronization services to all network terminals.

V. Customer Requirements

In light of financial and insurance industry regulatory requirements, its own business architecture, and the current state of digital operations, China Life Insurance has formulated detailed usage specifications for the implementation of this time‑synchronization system, as follows:

1. Meets industry regulatory requirements and ensures time‑accuracy compliance.
   In the financial industry, end-to-end business processes—including trading, clearing, claims settlement, risk control, and auditing—each have stringent requirements for time traceability and precision. Time‑synchronization equipment is therefore required to possess… High Accurate Time synchronization capability , ensuring time synchronization across all network devices, with clear and traceable sequencing of business operations, data records, and transaction logs, fully compliant with financial industry regulatory requirements and information security standards.

2. Multi-source time synchronization, aligned with domestic technology development.
   Actively respond to the financial industry’s requirements for domestic substitution and indigenous innovation, with equipment required to support the BeiDou system, GPS Including multiple satellite‑based time‑synchronization systems, priority is given to using domestically produced BeiDou satellites for time dissemination, thereby achieving redundant backup across multiple time sources, mitigating the risk of single‑source failures, and ensuring that the time reference remains secure, independent, and under control.

3. Stability, supporting 24/7 operations
   All equipment, including the group headquarters, all national branches, business outlets, data center servers, office terminals, security devices, and business systems, must be connected to the time synchronization network, ensuring year-round system-wide… 7×24 It operates continuously for hours. The equipment must exhibit strong anti‑interference capabilities and a long mean time between failures. Even when satellite signals are temporarily interrupted, it should be able to rely on its local timing module to maintain high‑precision time output, thereby preventing service disruptions and data anomalies caused by time errors.

4. High-concurrency access, compatible with large-scale networks.
   Enterprise networks comprise a large number of terminals that are widely distributed across multiple tiers, requiring… NTP The server boasts robust concurrent‑access processing capabilities, capable of handling massive numbers of terminal time‑synchronization requests simultaneously, ensuring balanced synchronization performance across all regions and device types within the entire group—without stuttering or latency.

5. Easy to deploy and maintain, simplifying management workflows.
   The data center equipment is arranged in a standardized layout, with products designed to conform to standard rack‑mount specifications for easy cabinet installation and cabling. The system also supports remote status monitoring, parameter configuration, fault alerts, log retrieval, and other functions, enabling operations personnel to perform routine management and troubleshooting remotely, thereby reducing on‑site maintenance burdens and enhancing overall operational efficiency.

6. Comprehensive security protection ensures network safety.
   Financial institutions handle highly sensitive network data, necessitating devices equipped with robust cybersecurity mechanisms that support privilege management and access control to defend against unauthorized access and cyberattacks, while simultaneously fortifying the internal network’s information security perimeter as they deliver time‑synchronization services.

VI. Solution

Beijing Zhongxin Chuang has been deeply engaged in the time‑synchronization field for many years. Drawing on its experience in financial‑industry applications, as well as China Life’s on‑site environment and comprehensive requirements, it has custom‑designed a solution based on… DNTS-9 NTP Server An integrated time synchronization solution centered on [core component], designed to balance practicality, stability, security, domestic localization, and scalability. The specific details are as follows:

1. Core Equipment Selection and Deployment
   This project is being deployed in a unified manner. DNTS-9 Type NTP Network time server, with industry-standard equipment. 19 inch 1U Featuring a standard rack‑mount form factor, it seamlessly integrates into the standard cabinets of financial data centers and server rooms, offering easy installation and minimal space requirements while meeting standardized data center layout guidelines. The device boasts a mature hardware architecture and employs industrial‑grade components, ensuring reliable performance in data center environments characterized by stable temperatures and continuous operation.

2. Multi-satellite system integrated timing
   DNTS-9 Built-in multi-mode satellite receiver module, supports Beidou, GPS , GLONASS It supports mainstream satellite navigation systems. The solution design uses the BeiDou satellite system as the primary time‑source, with other satellite systems serving as backup sources, enabling intelligent multi‑source switching. When the primary satellite signal is subject to environmental interference, weakened, or interrupted, the device automatically switches to a backup time source, performing seamless, imperceptible handover and continuously delivering standard time, thereby ensuring time‑synchronization stability and domestic implementation from the outset.

3. High-Precision Local Timekeeping Design
   The device is equipped with a high‑performance temperature‑compensated crystal oscillator (TCXO) timing module, providing autonomous timekeeping capability. Even when satellite signals are completely lost, it can maintain high temporal accuracy over extended periods, effectively mitigating the impact of adverse weather, sheltering from antenna blockage, and signal failures, thereby ensuring that critical business systems remain free from time drift caused by external time‑source disruptions.

4. Optimization of High-Concurrency Synchronization Capabilities
   DNTS-9 Equipped with a high-performance hardware processor and a robust embedded operating system, it is specially optimized for large-scale financial network environments, supporting massive concurrent time‑synchronization requests from numerous endpoints. It can seamlessly integrate with a wide range of devices—including group data‑center servers, business hosts, network switches, firewalls, office PCs, and surveillance equipment—enabling unified time synchronization across the entire network while delivering low timing latency and consistent synchronization performance.

5. Multi-level redundancy and reliability assurance
   The solution adopts a deployment approach that leverages link redundancy and device backup, combined with the devices’ built-in multi‑port designs, to achieve load balancing across network links and automatic failover, thereby completely eliminating the risk of single points of failure. The equipment supports dual‑power input, further enhancing hardware reliability and meeting the stringent requirements of the financial industry. 7×24 A hard requirement for continuous, round-the-clock operation.

6. Full‑dimensional remote operations and maintenance management
   Equipment Integration Web 、 SSH 、 SNMP Supporting multiple mainstream management protocols, the device enables operations and maintenance personnel to remotely log in via the internal network to perform tasks such as parameter configuration, time source switching, status monitoring, and retrieval of synchronization logs. Additionally, the device is equipped with an intelligent alarm function that proactively sends alert notifications when issues arise—such as signal anomalies, equipment malfunctions, or synchronization timeouts—thereby assisting O&M staff. On time Identify and resolve issues, significantly improving operations response efficiency.

7. Cybersecurity and Access Control
   In response to the security requirements of the financial intranet, DNTS-9 Equipped with comprehensive access control, IP Security features such as access restrictions and tiered account management rigorously control device access permissions, preventing unauthorized devices and users from gaining access. This transforms time‑synchronization nodes into secure, reliable network infrastructure, safeguarding the overall security of the enterprise intranet.

VII. Implementation Outcomes

From equipment arrival and on-site deployment to parameter tuning, full‑network integration testing, and final go‑live, the project was advanced in an orderly manner throughout. Following delivery, the system has been operating stably, with all key performance indicators meeting the customer’s expectations, resulting in overall positive application outcomes.

1. Time synchronization Accurate , Compliance capability meets the standard
   All terminals and business systems across the network maintain highly synchronized time, with synchronization accuracy consistently maintained within the millisecond range. Time-series data—including transaction records, settlement logs, claims documents, and risk-control logs—are complete and accurately recorded, fully complying with regulatory requirements in the financial and insurance sectors and enabling traceability and verifiability of temporal data.

2. The system operates stably, ensuring a seamless experience throughout the entire process.
   Relying on multi-satellite redundant timing, high‑performance local timekeeping, dual power supplies, and link‑level redundancy, the entire time‑synchronization system operates with remarkable stability. Since its deployment, it has experienced no issues such as time drift, synchronization interruptions, or equipment failures, thereby ensuring the smooth operation of China Life’s core business processes and both online and offline services.

3. Domestic localization has been implemented, and the level of independent controllability has improved.
   The system leverages the BeiDou satellite constellation as its primary time‑synchronization source and, paired with domestically developed hardware architecture, successfully meets the requirements for information‑technology innovation (ITI) adaptation. This strengthens the enterprise’s ability to independently control and manage its IT infrastructure, aligning with the financial sector’s strategic direction toward domestic substitution and digital transformation.

4. Convenient operations and maintenance management, reduced labor costs.
   With the implementation of features such as remote management, intelligent alerting, and automated logging, operations and maintenance no longer rely on on-site intervention. This has significantly improved fault diagnosis and routine maintenance efficiency, effectively reducing the workload of O&M teams and lowering long-term operational management costs.

5. Network-wide collaboration, supporting digital transformation.
   Unified, standardized, Accurate This time‑based framework has broken down the temporal barriers between the Group’s headquarters and its branches and business units nationwide, ensuring seamless cross‑regional and cross‑departmental data exchange and business collaboration. It provides a robust underlying foundation for the continuous enhancement of the enterprise’s digital platform, smart office solutions, and intelligent risk‑control systems.

6. Excellent scalability, well-suited for future development.
   DNTS-9 The device boasts a rich array of interfaces and universal protocols, ensuring the overall solution is highly scalable. As the enterprise adds new sites, expands its network, or upgrades its business systems, the existing time‑synchronization network can be seamlessly integrated without requiring large‑scale modifications, aligning with the organization’s long‑term strategic roadmap.

VIII. Typical Customer Application Cases

Beijing Zhongxin Chuang NTP Time servers and clock synchronization systems, thanks to their stable performance, professional solutions, and comprehensive after-sales service, are widely deployed across major financial institutions, insurance companies, securities and fund firms, trading and settlement centers, and other organizations nationwide, with a wealth of proven implementation cases. Our key clients include:

(1) Banks and Funds Settlement Institutions

People’s Bank of China, Bank of China, Postal Savings Bank of China, Industrial and Commercial Bank of China, Bank of Communications, China Merchants Bank, CITIC Bank, Shanghai Pudong Development Bank, Shanxi Bank, Jiangsu Bank, Chongqing Bank, Qinghai Bank, Cangzhou Bank, Guiyang Bank, Changsha Bank, Shaoxing Bank, Baoshang Bank, Hankou Bank, Rural Credit Union Funds Clearing Center, Hubei Bank, Lishui Rural Commercial Bank, Tangshan Bank, China Resources Bank of Zhuhai, Baoding Rural Commercial Bank, Guilin Bank, Jiangyin Rural Commercial Bank, China Guangfa Bank, Chongqing Fumin Bank, Shanghai UnionPay Center, Taizhou City Commercial Bank, Hubei Rural Credit Union, Jiangsu Jiangnan Rural Commercial Bank, Zhejiang Pinghu Rural Cooperative Bank, Huarong Xiangjiang Bank, Hebei Provincial Rural Credit Cooperatives, Yunnan Provincial Rural Credit Cooperatives, Guiyang Rural Commercial Bank, Nanxun Rural Cooperative Bank, Deqing Rural Cooperative Bank, Huzhou Wuxing Rural Cooperative Bank, Liaoning Provincial Rural Credit Cooperatives, Beijing Rural Credit Cooperatives, Zhejiang Provincial Credit Union, Guangxi Rural Credit Cooperatives, Jiaxing Hecheng Commercial Bank, Yunnan Longchuan Rural Commercial Bank, Shandong Provincial City Commercial Banks, Langfang Bank, Guangxi Beibu Gulf Bank, People’s Bank of China Credit Reference Center, Lianghe Rural Commercial Bank, Jiangsu Zhangjiagang Rural Commercial Bank, Wuhan Rural Commercial Bank, Leshan City Commercial Bank, Beijing Rural Commercial Bank, Henan Rural Commercial Bank.

(II) Securities, fund, trust, and trading platform institutions

Shanghai Clearing House, China International Capital Corporation, Shenzhen United Property Exchange, Shanxi Securities, Changjiang Securities, Huatai Securities, CITIC Securities, CCB Trust, China Asset Management, Xinhua Asset Management, Hua’an Fund, Hualong Securities, China Securities Finance Corporation, China Securities Depository & Clearing Corporation, and CCB Fund.

(3) Insurance Institutions

China Life, Yingda Property Insurance, Xinhua Life, Dubang Property Insurance, Taikang Insurance, Xintai Life, Yingda Insurance, Xingfu Life, Xinhua Pension, Huatai Insurance, Shenzhen Ping An, and Guoyuan Agricultural Insurance.

The widespread adoption of Beijing Zhongxin Chuang’s time‑synchronization products and comprehensive services by numerous financial institutions and enterprises is a testament to the high regard in which we are held for our product quality, technological prowess, and all‑round service capabilities. Moving forward, Beijing Zhongxin Chuang will remain committed to a professional and pragmatic approach, working hand in hand with partners across industries to empower digital transformation with reliable time‑synchronization infrastructure, thereby fostering mutually beneficial growth that delivers both corporate and societal value.