AIX (AIFU) SC 13D/A CNINSURE / New China Capital Management ownership change

Exhibit 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock of CNinsure Inc., and that this Agreement be included as an Exhibit to such joint filing.

Each of the undersigned acknowledges that each shall be responsible for the timely filing of any statement (including amendments) on Schedule 13D, and for the completeness and accuracy of the information concerning him or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other persons making such filings, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Dated: December 29, 2011

CATHAY CAPITAL HOLDINGS II, L.P.
By:	Cathay Master GP, Ltd., its general partner
	By:	/s/ Paul S. Wolansky
		Name: Paul S. Wolansky
		Title: Director
CATHAY MASTER GP, LTD.
	By:	/s/ Paul S. Wolansky
		Name: Paul S. Wolansky
		Title: Director
NEW CHINA CAPITAL MANAGEMENT, LP
By:	NCCM, LLC, its general partner
	By:	/s/ Paul S. Wolansky
		Name: Paul S. Wolansky
		Title: Member
NCCM, LLC
By:	Becker Drapkin Management, L.P., its general partner
	By:	/s/ Paul S. Wolansky
		Name: Paul S. Wolansky
		Title: Member
THE CATHAY INVESTMENT FUND, LIMITED
By:	/s/ Paul S. Wolansky
	Name: Paul S. Wolansky
	Title: Director
PAUL S. WOLANSKY
By:	/s/ Paul S. Wolansky
HERMANN LEUNG
By:	/s/ Hermann Leung
NEW CHINA INVESTMENT MANAGEMENT, INC.
By:	/s/ Paul S. Wolansky
	Name: Paul S. Wolansky
	Title: Chairman

TAM CHINA, LLC
	By:	/s/ S. Donald Sussman
		Name: S. Donald Sussman
		Title: Member
PALOMA INTERNATIONAL L.P.
By: Trust Asset Management LLP, its general partner
By: Capital Asset Management, Inc., its managing partner
	By:	/s/ S. Donald Sussman
		Name: S. Donald Sussman
		Title: President
PALOMA PARTNERS LLC
By: Trust Asset Management LLP, its general partner
By: Capital Asset Management, Inc., its managing partner
	By:	/s/ S. Donald Sussman
		Name: S. Donald Sussman
		Title: President
PALOMA INTERNATIONAL LIMITED
By: Trust Asset Management LLP, its general partner
By: Capital Asset Management, Inc., its managing partner
	By:	/s/ S. Donald Sussman
		Name: S. Donald Sussman
		Title: President
PALOMA PARTNERS MANAGEMENT COMPANY
	By:	/s/ Michael J. Berner
		Name: Michael J. Berner
		Title: Executive Vice President
TRUST ASSET MANAGEMENT, LLP
By: Capital Asset Management, Inc., its managing partner
	By:	/s/ S. Donald Sussman
		Name: S. Donald Sussman
		Title: President
S. DONALD SUSSMAN
	By:	/s/ S. Donald Sussman