china pacific insurance (CPIC) distributed a cash dividend of RMB 1.02 per share for the year 2023 in July 2024, but did not plan to distribute profits or convert capital reserves into shares in 2024. The company held two shareholder meetings and five board of directors meetings, and announced the meeting resolutions on different platforms. Regarding significant lawsuits and arbitrations, the company did not need to disclose any major cases. Controlling shareholders or related parties did not occupy non-operating funds. Funds raised from global depositary receipts (GDR) issuance were allocated as planned for future investments in overseas markets and innovative platforms. There were no reported changes in shareholdings of directors, supervisors, and senior management. The board of directors consists of 13 members, including executive...Show More

china pacific insurance (CPIC) distributed a cash dividend of RMB 1.02 per share for the year 2023 in July 2024, but did not plan to distribute profits or convert capital reserves into shares in 2024. The company held two shareholder meetings and five board of directors meetings, and announced the meeting resolutions on different platforms. Regarding significant lawsuits and arbitrations, the company did not need to disclose any major cases. Controlling shareholders or related parties did not occupy non-operating funds. Funds raised from global depositary receipts (GDR) issuance were allocated as planned for future investments in overseas markets and innovative platforms. There were no reported changes in shareholdings of directors, supervisors, and senior management. The board of directors consists of 13 members, including executive directors, non-executive directors, and independent directors. The supervisory board consists of 3 members, including shareholders and employee representatives. Senior management includes the chairman of the board, chief executive officer, vice chief executive officer, and other key positions. The company adheres to a policy of effective communication with investors. All shares are freely tradable without any restrictions. There are a total of 96,851 shareholders, with the top ten shareholders including state-owned enterprises and investment management companies. The company's equity ownership is diversified, with no controlling shareholder or actual controller. The board of directors appointed a new chairman and executive director. The supervisory board saw the retirement of the vice chairman. New chief executive officers and other key positions were appointed in senior management. The company operates an effective governance system with several committees under the board of directors. Details of the 2023 annual general meeting and the 2024 extraordinary general meeting have been provided. The committees include audit, nomination and remuneration, risk management, as well as technology innovation and consumer rights protection committees. The company maintains active communication with investors through various channels and activities.