PICC Group announces vice president qualification approval

The People's Insurance Company Group of China Limited (PICC) announced on July 10, 2025, that the State Financial Supervision and Administration Bureau has approved the qualification of Mr. Tian Geng for the position of Vice President. This approval was communicated to the company via a formal notice from the Bureau, Jin Fu [2025] No. 403.

The announcement confirms that Mr. Tian Geng has met the necessary requirements to assume the role of Vice President within PICC. Further details regarding Mr. Tian Geng's background and qualifications can be found in the company's announcement of the Ninth Extraordinary Board Meeting of the Fifth Board of Directors, which was published on the Shanghai Stock Exchange website on April 29, 2025.

The company's board of directors and all its directors have affirmed that the announcement contains no false records, misleading statements, or significant omissions, and they bear legal responsibility for the truthfulness, accuracy, and completeness of its content.