China Re P&C to issue 4 bn yuan capital supplementary bonds

China Reinsurance (Group) Corporation announced that its subsidiary, China Property and Casualty Reinsurance Company Ltd. (China Re P&C), has received regulatory approvals to issue 10-year redeemable capital supplementary bonds in the National Interbank Bond Market. The issuance size will not exceed 4.0 billion yuan. The company expects to publish the issue document on www.chinamoney.com.cn and www.shclearing.com.cn.

This strategic move by China Re P&C aims to improve its solvency and support the steady and healthy development of its business operations. The announcement was made on September 26, 2025.

The board of directors includes executive directors Mr. Zhuang Qianzhi 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. Liu Yuanzhang, assistant to president and joint company secretary, signed the announcement on behalf of the board.