China Pacific Insurance : Summaries of the Quarterly Solvency Reports (Excerpts)

Summary of Quarterly Solvency Report

（Excerpts）

China Pacific Property Insurance Co., Ltd.

1st Quarter of 2023

Company overview and contact information

Company name (Chinese): Company name (English): Legal representative:

Registered address:

Registered capital: Business license number: Date opening for business: Business scope:

Business territories:

Contact person： Office Tel. number： Cell phone： Email：

中国太平洋财产保险股份有限公司

China Pacific Property Insurance Company Limited

GU Yue

South Tower, Bank of Communications Financial

Building, 190 Middle Yincheng Road, China

(Shanghai) Pilot Free Trade Zone, Shanghai, the

PRC

19.948bn yuan

000014

November 2001

Property indemnity insurance; liability insurance; credit and guarantee insurance; short-term health and personal accident insurance; reinsurance of the above said insurance; insurance funds investment as approved by relevant laws and regulations; other business as approved by the CIRC.

The People's Republic of China

(excluding Hong Kong, Macao and Taiwan)

WANG Yucheng

021-33962680

13917427405

[e-mail]

I. Board and management statement

The report has been approved by chairman of the board of directors. The chairman and the senior management of the Company warrant that there is no false representation, misleading statement or material omissions and the contents of this report are true, accurate and complete and have fully complied with applicable laws and regulations; and they severally and jointly accept responsibility for the contents of this report.

II. Basic information

1. Ownership structure and shareholders, and change during the reporting period

1．Ownership structure (unit: 10,000 shares)

	Beginning of reporting			Change		End of reporting period
	period
Types of				Transfer from
			capital
shareholders	Shares	Percentage	Shareholder	reserve and	Share	Subtotal	Shares	Percentage
	(%)	injection	share	transfer	(%)
				dividends
				distribution
State	29,179	1.5	-	716	-	716	29,895	1.5
Private legal	-	-	-	-	-	-	-	-
person	-	-	-	-	-	-	-	-
Foreign
Natural person	-	-	-	-	-	-	-	-
Others							1,964,91
(listed	1,917,821	98.5	-	47,093	-	47,093	98.5
4
company)
Total	1,947,000	100	-	47,809	-	47,809	1,994,80	100
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2．De facto controller

2

China Pacific Insurance (Group) Co., Ltd. is the majority shareholder of the Company, holding 98.5% of the stake.

3．Shareholding information（by descending order of shareholding percentage as of the end of the reporting period, unit:share)

Change during

Names of shareholders Types ofthe reporting

shareholders period

	Shareholding
Shares held at the	percentage	Shares
end of the	at the end of	pledged or
reporting period	the reporting	in lock-up
	period (%)

China Pacific	Others
	470,922,835	19,649,137,578	98.50	None
Insurance (Group) Co.,	(listed
Ltd.
company)
Shenergy Group Co.,	State-owned	2,231,438	93,106,180	0.47	None
Ltd.
Shanghai Haiyan
Investment	State-owned	2,225,207	92,846,189	0.46	None
Management Company
Limited
Yunnan Hehe (Group)	State-owned	1,463,149	61,049,510	0.31	None
Co., Ltd.
Shanghai State-owned		1,245,021	51,948,193	0.26	None
Assets Operation Co.,	State-owned
Ltd.
Total	--	478,087,650	19,948,087,650	100	--

Related party Of the 5 shareholders of the Company, with the exception of CPIC Group, all are relations among concurrently shareholders of CPIC Group. Other than that, the Company is not

shareholders aware of any related party relations between its shareholders.

4. Shareholding by directors, supervisors and senior management

Was there shareholding by directors, supervisors and senior management as at

the end of the reporting period?

(Yes□ No■ )

5．Share transfer

Was there any share transfer during the reporting period?

(Yes□ No■ )

(II) Directors, supervisors and senior management and the changes thereof

1. Basic information on directors, supervisors and senior management

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(1). Directors

Mr. SU Shaojun, born in February 1968, has a PhD degree. He has been serving as Director of the Company since May 2021 (approval document:CBIRC [2021] No. 377). Mr. SU currently serves as Board Secretary of CPIC Group, and Director of CPIC Life. He previously served as Assistant General Manager, Deputy General Manager of Underwriting Department of CPIC P/C, Deputy General Manager, General Manager of CPIC P/C Beijing Branch, General Manager of Development and Planning Department of CPIC P/C, Head of Board Office of CPIC P/C, Head of the Board Office of Supervisors of CPIC P/C, General Manager of Tele-marketing Center of CPIC P/C, Head of Strategy Research Center and Deputy Director of Transformation of CPIC Group.

Mr.WU Junhao, born in June 1965, has a master's degree. He has served as Director of the Company since August 2012 (approval document: CIRC P/C [2012] No.796). Mr. WU currently serves as General Manager of Financial Management Department of Shenergy (Group) Co., Ltd., Non-executive Director of CPIC Group, and Director of CPIC Life. He is also Director of Shanghai ICY New Energy Venture Capital Co., Ltd., Supervisor of Orient Securities Co., Ltd., Chairman of Board of Supervisors of Shanghai ICY Capital Co. Ltd., Chairman of Board of Supervisors of Shanghai Shenergy Chengyi Equity Investment Co. Ltd., and Supervisor of Everbright Banking Co., Ltd. Mr. WU previously served as Supervisor of Shanghai Pharmaceuticals Holding Co., Ltd., a company listed on SSE and on SEHK, Director of Shanghai Jiulian Group Co., Ltd., and Director of Chengdu Xinshen Venture Capital Co., Ltd.

Mr. ZHANG Weidong, born in October 1970, holds a bachelor's degree. He has been serving as Director of the Company since March 2018 (approval document: CBIRC [2018] No.3). Mr. ZHANG currently serves as Compliance Responsible Person and General Counsel of CPIC Group and Director of CPIC Life, CPIC AMC, Changjiang Pension and CPIC Health, respectively. Mr. ZHANG previously served as Board Secretary of the Company, Chief Risk Officer and General Manager of Legal and Compliance Department and Risk Management Department of CPIC Group respectively, Head of Board Office and Office of the Board of Supervisors of CPIC Group respectively, and Board Secretary of CPIC Life and CPIC AMC respectively.

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