Tianyancha App shows that recently, Guotai Property Insurance Co., Ltd. underwent industrial and commercial changes. Han Xinyi stepped down as the legal representative and chairman, succeeded by Zhang Yu, and there were also changes in the directors. Guotai Property Insurance Co., Ltd. was established in August 2008 with a registered capital of approximately 2.63 billion RMB. Its business scope includes property insurance such as property loss insurance, liability insurance, credit insurance, guarantee insurance, short-term health insurance, accidental injury insurance, and insurance agency business. The shareholders are ant group co., ltd., Guotai Life Insurance Co., Ltd., and Guotai Century Property Insurance Co., Ltd., holding 51%, 24.5%, and 24.5% respectively. Previously, the company announced that due to work requirements, Han Xinyi applied to the board of directors to resign from the positions of Chairman of the 6th Board of Directors, Director, and Chairman/Director of the relevant professional committee. Starting from September 29, 2024, Zhang Yu took over from Han Xinyi as the Chairman of the 6th Board of Directors of Guotai Property Insurance and other related positions.