REG - China Pacific Insur. - Resignation of Chairman of the Board

China Pacific Insurance CoAnnouncement

29/01/2024 13:45

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RNS Number : 2509B  China Pacific Insurance Grp Co. Ltd  29 January 2024

29 January 2024

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

(A joint stock company incorporated in the People's Republic of China with
limited liability)

Resignation of Chairman of the Board

The board of directors (the "Board") of China Pacific Insurance (Group) Co.,
Ltd. (the "Company") hereby announces that it received the resignation of Mr.
KONG Qingwei ("Mr. KONG"), the chairman of the Board, recently. In light of
his age, Mr. KONG resigned from his position as executive director of the
Company, and ceased to serve as the chairman of the Board and the chairman of
the Strategic and Investment Decision-Making & ESG Committee of the Board
after the resignation took effect.

The resignation of Mr. KONG took effect upon delivery to the Board on 26
January 2024. Mr. KONG has confirmed that he has no disagreement with the
Board and there are no matters that need to be brought to the attention of the
shareholders and creditors of the Company.

During the tenure of office, Mr. KONG oversaw great progress at the Company,
focusing on the vision and goal of becoming "the leader of the healthy and
stable development of the industry", and initiated the Company's strategic
transformation 2.0 to promote the long-term and steady development of the
Company; promoted the Company's successful issuance of GDRs while further
optimizing corporate governance; pioneered and innovated in the field of
health care for the elderly, achieving advanced breakthroughs, comprehensively
enhancing the capabilities of "insurance + service", and encouraging a new
focus on high-quality development for the Company.

Mr. KONG adhered to serving the nation strategies and the real economy through
financial services, and performed his duties with diligence and dedication
during his tenure of office. The Board would like to express its sincere
gratitude to Mr. KONG for his outstanding contributions to the development of
the Company!

 

 

 

 

By Order of the Board of Directors

China Pacific Insurance (Group) Co., Ltd.

FU Fan

Chairman

 

 

About CPIC

CPIC is a joint stock company established under the laws of the People's
Republic of China with limited liability.

CPIC's registered office is located at 1 South Zhongshan Road, Huangpu
District, Shanghai, the People's Republic of China.

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