China Pacific Insurance amends articles, dissolves supervisory board

China Pacific Insurance (Group) Co., Ltd. announced that its articles of association have been revised and approved by the financial regulatory authority. The amendments, which took effect upon approval by the China National Financial Regulatory Administration, were passed during the company's first extraordinary general meeting of 2025 held on August 29, 2025.

A key change is the formal abolition of the company's supervisory board. Effective from the approval date, the functions and powers previously held by the supervisory board will now be exercised by the Board of Directors' Audit and Related Transaction Control Committee.

The current supervisors of China Pacific Insurance Group will no longer hold their positions. The company expressed gratitude for their diligent service, acknowledging their contributions to improving corporate governance and promoting the company's high-quality development.