China Reinsurance announces leadership transition as chairman He Chunlei retires

Mr. He Chunlei, having reached the statutory retirement age, will resign as chairman of the board, executive director, and chairman and member of the Strategy and Sustainable Development Committee, effective September 18, 2025. Concurrently, Mr. Zhuang Qianzhi has been appointed as chairman of the fifth session of the board, assuming office upon regulatory approval. Until then, Mr. Zhuang will act on behalf of the legal representative and chairman from September 18, 2025.

Mr. Zhuang Qianzhi will also cease to be president from September 18, 2025, but will serve as a provisional person-in-charge until a new president is appointed. Furthermore, Mr. He Chunlei will cease to be an authorized representative, with Mr. Zhuang Qianzhi taking on this role, effective September 18, 2025.

As of the announcement date, the board comprises executive directors Mr. Zhuang Qianzhi (vice chairman acting on behalf of the chairman and legal representative) and Ms. Zhu Xiaoyun, non-executive directors Mr. Yang Changsong, Ms. Jia Xiangxiang, and Mr. Zhou Zheng, and independent non-executive directors Mr. Dai Deming, Ms. Ye Mei, and Mr. Keung Yui Fai. The board has established five specialized committees, with members including Mr. Zhuang Qianzhi (member of Strategy and Sustainable Development Committee and Risk Management Committee), Mr. Dai Deming (chairman of Audit Committee), and Ms. Ye Mei (chairlady of Related-Party Transactions Control Committee).