ZhongAn Online P & C Insurance Co., Ltd. Announces Executive Changes
January 22, 2021 at 06:05 am EST
Share
The board of directors of ZhongAn Online P & C Insurance Co., Ltd. announced that Mr. Jin Chen (Mr. Chen) has tendered his resignation as an executive director and the chairman of the Investment Strategy Committee of the Company with effect from January 22, 2021 due to his personal business arrangements. Mr. Chen has confirmed to the Board that he has no disagreement with the Board and there is nothing relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Yaping Ou has been appointed as the chairman of the Investment Strategy Committee of the Company with effect from January 22, 2021. The Board also announced that Mr. Xing Jiang (Mr. Jiang) has been nominated as an executive director and a member of the Investment Strategy Committee of the Company. The appointment of Mr. Jiang is subject to the approval by the shareholders' general meeting of the Company and his term of service shall commence from the date of approval of director's qualification by the China Banking and Insurance Regulatory Commission (the CBIRC). Xing Jiang, aged 44, is the acting general manager and chief executive officer of the Company, and an executive director and legal representative of ZhongAn Information and Technology Services Co., Ltd., a subsidiary of the Company. Mr. Jiang joined the Company in April 2014, and is primarily responsible for the overall management of the Company and oversees day-to-day operations at the Company.
ZhongAn Online P & C Insurance Co., Ltd. is a China-based online insurance company. The Company provides insurance services include lifestyle consumption insurance, consumer finance insurance, health insurance, auto insurance and travel insurance. The Company's products include shipping return policy, online payment security insurance, account security insurance, phone accident policy, phone screen crack policy, Baobei Open Platform, Mashanghua, individual health insurance, group health insurance plans, flight accident and delay policy and among others.