China Pacific Insurance (Group) Co., Ltd. (the
CPIC , the
Group ; Stock code: 2601.HK, 601601.SH, CPIC.LSE) marks its 30th Anniversary.
Since its establishment in 1991 in Shanghai, CPIC has always been practicing the belief of long-termism and adhering to high-quality development. By sticking to the right development direction, the Group pressed on with its business transformation, thus delivering a stable growth in its performance. CPIC has been listed on Fortune Global 500 for 10 consecutive years, ranking 5th among the World s 100 Most Valuable Insurance Brands. In 2020, CPIC completed the issuance of Global Depositary Receipts (GDR) and got listed in the London Stock Exchange, which made it the first insurance company listed in three capital markets of Shanghai, Hong Kong and London, and also the first insurance company that issued GDR on LSE.
Q1 profits of China s 4 insurance giants up 26.9 pct
Xinhua
01 May 2021, 12:55 GMT+10
BEIJING, May 1 (Xinhua) Net profits of China s four insurance giants surged 26.9 percent year on year in the first quarter, according to their quarterly reports. China Life Insurance, the PICC, China Pacific Insurance, and Ping An Insurance, raked in 74.4 billion yuan (about 11.5 U.S. dollars) of net profits during the period. China Life and the PICC cited major growth in investment returns as the driver of stellar profit growth. In the first quarter, China Life saw its net return on investment rise 8.7 percent year on year to 41.4 billion yuan, with equity assets as the biggest source of return.
2021-05-01 02:30:46 GMT2021-05-01 10:30:46(Beijing Time) Xinhua English
BEIJING, May 1 (Xinhua) Net profits of China s four insurance giants surged 26.9 percent year on year in the first quarter, according to their quarterly reports.
China Life Insurance, the PICC, China Pacific Insurance, and Ping An Insurance, raked in 74.4 billion yuan (about 11.5 U.S. dollars) of net profits during the period.
China Life and the PICC cited major growth in investment returns as the driver of stellar profit growth.
In the first quarter, China Life saw its net return on investment rise 8.7 percent year on year to 41.4 billion yuan, with equity assets as the biggest source of return. Enditem
(A joint stock company incorporated in the People s Republic of China with limited liability)
Notice of the 2020 Annual General Meeting
NOTICE IS HEREBY GIVEN that the annual general meeting ( AGM or Annual General Meeting ) of China Pacific Insurance (Group) Co., Ltd. (the Company or CPIC ) will be held at InterContinental Shenzhen Dameisha Resort, Shenzhen, Guangdong, the PRC, on Friday, 28 May 2021 at 1:30 p.m., for the purpose of considering, and if thought fit, passing the following resolutions.
1. To consider and approve the report of the Board of Directors of the Company for the year 2020
2. To consider and approve the report of the Board of Supervisors of the Company for the year 2020