Summary by Futu AI
China Pacific Insurance announced on June 12, 2024 that its subsidiary China Pacific Life Insurance Co., Ltd. had accumulated original insurance business income of RMB 122.29 billion from January 1 to May 31, 2024, a decrease of 2.1% from the same period last year. Another subsidiary, China Pacific Property Insurance Co., Ltd., recorded accumulated original insurance business income of RMB 91.924 billion, a year-on-year increase of 7.6%. The data is unaudited and investors should note that it is for reference only. In addition, the announcement mentioned that the qualifications of Mr. Xie Weiqing and Mr. Cai Qiang are still pending approval by regulatory institutions.