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SHANGHAI - China Pacific Insurance (Group) Co., Ltd. (CPIC) announced that Mr. ZHU Yonghong has resigned from his positions as chairman of the board of supervisors and shareholder representative supervisor, effective August 27, 2025.
According to a press release issued by the company on Thursday, Mr. ZHU’s resignation is due to changes in his work arrangements. He has confirmed that he has no disagreement with the board of supervisors and that there are no other matters related to his departure that require shareholder or creditor attention.
The company stated that Mr. ZHU’s departure will not cause the number of members on the board of supervisors to fall below quorum requirements, nor will it affect the normal operations of the supervisory board.
During his tenure, Mr. ZHU led the board of supervisors in carrying out oversight responsibilities and contributed to the company’s development through enhancing corporate governance and strengthening financial and internal control oversight.
CPIC is a joint stock company established under the laws of the People’s Republic of China with limited liability, with its registered office located in Shanghai’s Huangpu District.
The company’s board of directors expressed gratitude to Mr. ZHU for his contributions to the organization.
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