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02601
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CHINA PACIFIC INSURANCE (GROUP) CO., LTD
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Profile
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Chairman
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Mr. GAO Guofu
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Directors
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GAO Guofu (Chairman & Executive Director)
HUO Lianhong (Executive Director)
YANG Xianghai (Vice Chairman & Non-Executive Director)
ZHOU Ciming (Non-Executive Director)
WANG Chengran (Non-Executive Director)
YANG Xiangdong (Non-Executive Director)
FENG Junyuan, Janine (Non-Executive Director)
WU Jumin (Non-Executive Director)
XU Shanda (Independent Non-Executive Director)
XIAO Wei (Independent Non-Executive Director)
LI Ruoshan (Independent Non-Executive Director)
YUEN Tin Fan (Independent Non-Executive Director)
CHANG Tso Tung Stephen (Independent Non-Executive Director)
ZHENG Anguo (Non-Executive Director)
XU Fei (Non-Executive Director)
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Secretary
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Mr. CHEN Wei & Mr. NGAI Wai Fung
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Address
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Room 203-208, Far East Consortium Building, 121 Des Voeux Road, Central, Hong Kong
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Tel
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Fax
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URL
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Business nature
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The Group is engaged in a broad range of life and property and casualty insurance products and services to individual and institutional customers.
[IPO Information]
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Prospects
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In terms of outlook for 2010, the PRC economy in general will get better than the previous year, but will be under a more complicated environment. The PRC government will continue to adopt aggressive fiscal measures and moderately easing monetary policy. This will provide a favourable environment for the development of insurance industry in the PRC. But at the same time, in the aftermath of the financial crisis, the change of growth patterns will be the driving force behind the growth of the industry. In response, CPIC will focus on achieving sustainable value-enhancing growth, continue to optimize the business structure, promote a stable and healthy development for the businesses in general, strengthen the establishment of sales system for life insurance, enhance the sales force, take effective control in combined ratios, continue to improve the profitability of property and casualty insurance, upgrade the level of investment management and strive to achieve sustained investment returns that steadily exceed the cost of liabilities. In addition, to capture the opportunity of the pension insurance market, the Group will speed up resources integration and market penetration by taking advantage of the expertise provided by Changjiang Pension to expand the pension insurance business. With these, the Group will strive to further enhance the ability of pursuing sustainability and reward the shareholders and the society with outstanding results.
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Major shareholder
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Parallel Investors Holdings Limited(
(12.31%)
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Stock Information Provided by Infocast Limited
[
Disclaimer
]