PICC Property & Casualty addresses unusual trading, senior management speculation

PICC Property and Casualty Company Limited has observed unusual movements in the price and trading volume of its H shares on December 1, 2025. The company emphasizes its strict compliance with national laws and regulations.

PICC Property and Casualty acknowledges market speculation concerning information about a senior management member and is currently verifying its authenticity. At present, the company is not aware of specific reasons for the price or volume movements, nor of any information that requires disclosure to prevent a false market or constitutes inside information.

Shareholders and potential investors are advised to exercise caution when dealing in the company's securities. The announcement was made on December 2, 2025.