China Pacific Insurance shareholders approve governance changes, new directors

China Pacific Insurance (Group) Co., Ltd. held its extraordinary general meeting (EGM) on August 29, 2025, where shareholders approved several key resolutions. The EGM saw attendance from 896 shareholders and proxies, representing 5,984,459,512 voting shares, or 62.21% of the total voting shares of the company.

Key special resolutions included the proposed dissolution of the Board of Supervisors, which passed with 99.95% of votes in favor. Amendments to the Articles of Association, Procedural Rules for Shareholders' Meetings, and Procedural Rules for the Board were also approved.

Additionally, shareholders approved ordinary resolutions for the election of Ms. WANG Yuhua as a non-executive director and Mr. WONG Hin Wing as an independent non-executive director, with 97.87% and 94.25% of votes in favor, respectively. These changes, along with the dissolution of the Board of Supervisors, are subject to regulatory approvals.