China Reinsurance appoints Keung Yui Fai as independent director

China Reinsurance (Group) Corporation announced the National Financial Regulatory Administration approved Mr. Keung Yui Fai's qualification as a director on September 12, 2025. This confirms his appointment as an independent non-executive director of the fifth session of the board, as well as a member of the nomination and remuneration committee and the related-party transactions control committee. His term officially commenced on September 10, 2025, and will conclude with the expiration of the board's fifth session, with eligibility for re-election.

This follows earlier announcements from September and December 2024 regarding Mr. Keung's election and nomination. With his official performance of duties, Ms. Ye Mei, another independent non-executive director, will cease to serve on the nomination and remuneration committee.

The company previously noted that without Mr. Keung's qualification, the board fell short of the minimum requirements for independent non-executive directors under HKEX Listing Rules, particularly concerning the number of independent directors and those ordinarily resident in Hong Kong. The board will now convene to adjust the composition of its nomination and remuneration committee to ensure compliance with Listing Rules.