China Reinsurance shareholders approve major governance reforms

China Reinsurance (Group) Corporation announced the poll results of its First Extraordinary General Meeting (EGM) of 2025, held on November 28, 2025. Shareholders approved amendments to the Articles of Association with 98.03% of votes in favor. Additionally, the abolishment of the Board of Supervisors was approved with 98.83% of votes. Both resolutions passed as special resolutions, requiring more than two-thirds of votes in favor.

Shareholders also passed resolutions on amendments to the Rules of Procedures of the General Meeting and the Board of Directors, both with 100% approval. The ordinary resolution concerning the remuneration of directors and supervisors for 2023 also passed with 100% of votes in favor. These changes will take effect upon approval by the insurance regulatory authority, at which point the audit committee of the board will assume the functions previously held by the Board of Supervisors.

A total of 37,156,492,044 shares, representing 42,479,808,085 issued shares, were present or represented at the EGM. The company confirmed that no shares were restricted from voting and no shareholders were required to abstain.