China Pacific Insurance : Summaries of 2023 Interim Solvency Reports (Excerpts)

Summary of Solvency Report (Excerpts)

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

2023 Interim

Company overview and contact information

Company name (Chinese):	中国太平洋保险（集团）股份有限公司
Company name (English):	CHINA PACIFIC INSURANCE (GROUP) CO., LTD.
Legal representative:	KONG Qingwei
Registered address:	1 Zhongshan Road (South), Huangpu District,
	Shanghai, PRC.
Registered capital:	RMB9.620 billion
Business license number:	000013
First date for registration:	May 13, 1991
Business scope:	Invest in controlling stakes of insurance companies;
	supervise and manage the domestic and
	international reinsurance business of the insurers
	under its control; supervise and manage the
	investments by the insurers under its control;
	participate in international insurance activities as
	approved.

Contact person： Office Tel. number： Cell phone：

Fax number：

E‐mail：

HUANG Danyan

021‐33968093

13764517031

021‐58792445

[e-mail]

CONTENTS
I. BOARD AND MANAGEMENT STATEMENT	4
II. BASIC INFORMATION	5
III. BUSINESS OPERATION OF MAJOR MEMBER COMPANIES	7
IV. SOLVENCY STATEMENTS	9
V. MANAGEMENT ANALYSIS AND DISCUSSIONS	10
VI. RISK MANAGEMENT CAPABILITIES	12
VII. INTEGRATED RISK RATING	18

3

I. Statement by the board and management

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

1．Voting results by directors
Name of directors	For	Against	Abstain
KONG Qingwei	√
FU Fan	√
HUANG Dinan	√
WANG Tayu	√
WU Junhao	√
CHEN Ran	√
ZHOU Donghui	√
LU Qiaoling	√
John Robert Dacey	√
LIU Xiaodan	√
CHEN Jizhong	√
LAM Tyng Yih, Elizabeth	√
LO Yuen Man, Elaine	√
JIANG Xuping	√
Total	14

Note: Mark "√" in corresponding blanks according to opinions of directors.

2．Are there any directors who cannot guarantee or harbor any doubt about the truthfulness,

accuracy, completeness or compliance of the contents of this report? （yes□no■）

4

1. Basic Information

1. Shareholding structure, shareholders and change

1．Shareholding structure (unit: share)

		Before change		Increase or decrease (+ or ‐)		After change
		Percentage	New shares		Transfer
	Amount	Bonus		Others	Sub‐total	Amount	Percentage (%)
	(%)	issued		from
		shares
					reserves
1.Ordinary shares denominated	6,845,041,455	71.15	‐	‐	‐	‐	‐	6,845,041,455	71.15
in RMB
2.Domestically listed foreign	‐	‐	‐	‐	‐	‐	‐	‐	‐
shares
3.Overseas listed foreign shares	2,775,300,000	28.85	‐	‐	‐	‐	‐	2,775,300,000	28.85
(H share)
4. Others	‐	‐	‐	‐	‐	‐	‐	‐	‐
Total	9,620,341,455	100.00	‐	‐	‐	‐	‐	9,620,341,455	100.00

2．Top 10 shareholders (unit: share)

5