Group 1 - The core point of the article is the appointment of Ms. Yang Changying as an independent non-executive director of China People's Insurance Group, which has been approved by the National Financial Regulatory Administration [2] - The appointment will take effect on February 2, 2026 [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號：1339) 董事名單與其角色和職能 一、執行董事 丁向群 （董事長） 趙 鵬 （副董事長） 肖建友 二、非執行董事 徐 向 王少群 喻 強 宋洪軍 三、獨立非執行董事 徐麗娜 王鵬程 高平陽 賈 若 楊長纓 1 四、董事會專業委員會 C： 有關專業委員會的主任委員 M： 有關專業委員會的委員 中國北京，2026年2月4日 2 董事會下設五個董事會專業委員會，各董事會專業委員會的組成如下： 委員會 董事 戰略與投資╱ 可持續發展 委員會 風險管理與 消費者權益 保護委員會 審計 委員會 提名薪酬 委員會 關聯交易 控制委員會 丁向群 C 趙 鵬 C 肖建友 M 徐 向 M M 王少群 M M 喻 強 M M 宋洪軍 M M 徐麗娜 M M M 王鵬程 C M M 高平陽 M M C 賈 若 M M C 楊長纓 M M M ...

（於中華人民共和國註冊成立之股份有限公司） （股份代號：1339) 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 獨立非執行董事任職公告 中國人民保險集團股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈，楊長 纓女士（「楊女士」）就任本公司獨立非執行董事之資格已獲國家金融監督管理總 局核准。上述委任於2026年2月2日起生效。 茲提述本公司日期為2025年4月29日的2025年第一次臨時股東大會之投票結果公 告及日期為2025年6月29日的海外監管公告－本公司第五屆董事會第十次會議決 議公告（合稱「公告」），日期為2025年4月8日的2025年第一次臨時股東大會通函 （「通函」）。除非另有所指，本公告內所使用的詞彙與公告及通函內所定義者具有 相同涵義。 獨立非執行董事的委任生效 如公告中的披露，有關楊女士就任本公司獨立非執行董事的委任，自本公司股東 會批准之日並且其獨立非執行董事任職資格獲得國家金融監督管理總局核准之日 起生效。 上述委任已於 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國人民保險集團股份有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01339 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 8,726,234,000 | RMB | | 1 RMB | | 8,726,234,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 8,726,234,000 | RMB | | 1 RMB | | 8,726,234,000 | | 2. 股份分類 | 普通股 | 股份類別 ...

Core Viewpoint - The Hong Kong Dividend ETF (工银, 159691) experienced significant net redemptions, indicating a trend of outflow from this fund, which may reflect investor sentiment and market conditions [1][2]. Fund Performance - As of February 3, the latest scale of the Hong Kong Dividend ETF is 85.4 billion yuan, with a net outflow of 28.23 million yuan on that day, representing 0.33% of the previous day's scale [1]. - Over the past five days, the fund faced net redemptions totaling 68.26 million yuan, ranking 15th out of 212 in cross-border ETF net outflows [1]. - In the last ten days, the total net redemptions reached 202 million yuan, ranking 7th out of 212 [1]. - Over the past 20 days, the fund saw net redemptions of 332 million yuan, ranking 8th out of 212 [1]. Fund Size and Liquidity - The current share count of the Hong Kong Dividend ETF is 6.282 billion shares, with a scale of 85.4 billion yuan, showing a 3.80% decrease in shares and a 1.24% increase in scale since December 31, 2025 [2]. - The cumulative trading amount over the last 20 trading days is 6.501 billion yuan, with an average daily trading amount of 325 million yuan [2]. - Year-to-date, the cumulative trading amount is 7.151 billion yuan, with an average daily trading amount of 325 million yuan [2]. Fund Management - The current fund managers are Liu Weilin and He Shun, with Liu managing since March 30, 2023, achieving a return of 36.96%, while He is set to manage from May 30, 2024, with a return of 14.67% [2]. Top Holdings - The fund's top holdings include: - China National Offshore Oil Corporation (14.55% holding) - China Shenhua Energy (9.65% holding) - China Pacific Insurance (8.90% holding) - China Hongqiao Group (7.68% holding) - CLP Holdings (7.53% holding) - WH Group (7.36% holding) - Power Assets Holdings (6.21% holding) - Haier Smart Home (3.50% holding) - People's Insurance Company of China (3.42% holding) - CSPC Pharmaceutical Group (3.41% holding) [2].

Core Viewpoint - China People's Insurance Group (CPIC) is committed to building a world-class insurance financial group and aims to contribute significantly to the modernization of China through high-quality development and comprehensive risk management [1][2][3] Group 1: Strategic Goals and Development - The year 2025 is highlighted as a significant year for CPIC, focusing on balanced growth in scale and efficiency while enhancing social responsibility and economic benefits [1] - The company emphasizes the importance of aligning with the central economic work conference's spirit and aims to enhance services in areas such as consumption, innovation, and social welfare [2] - CPIC plans to implement a "first-class" strategy in 2026, balancing speed and quality, and focusing on high-quality development and risk management [3] Group 2: Reform and Innovation - CPIC is committed to deepening reforms across six key areas, including governance, strategic control, and digital transformation, to enhance operational efficiency [2] - The company aims to innovate its insurance services to play a counter-cyclical role in economic development, contributing to broader societal goals [2] - Emphasis is placed on creating a high-quality business portfolio and improving service capabilities to achieve sustainable growth [2][3]

Core Insights - The meeting emphasized the commitment to building a world-class insurance financial group and contributing to China's modernization efforts [1][2][6] Group 1: Performance and Achievements - In 2025, the company achieved a balance of scale and efficiency, with insurance liabilities amounting to 36.48 trillion yuan and claims paid out totaling 473 billion yuan [10] - Premium income reached 730 billion yuan, indicating stable and rapid business growth [10] - All insurance subsidiaries received a comprehensive risk rating of A or above, ensuring a solid safety baseline [10] Group 2: Strategic Focus for 2026 - The company aims to align its operations with the "15th Five-Year Plan," focusing on high-quality development and risk management [6][15] - Emphasis will be placed on enhancing service capabilities, expanding high-quality investments, and deepening reforms across six key areas [13][15] - The company will prioritize the integration of resources towards financial development and international expansion [11][15] Group 3: Governance and Leadership - The meeting underscored the importance of strengthening the party's leadership and maintaining strict governance [4][14] - Continuous improvement in organizational talent and discipline is essential for fostering a positive political environment [4][14] - The company is committed to enhancing its political loyalty and responsibility among its leadership [4][14] Group 4: Future Outlook - The company is positioned to leverage strategic opportunities during the "15th Five-Year Plan," focusing on domestic demand and consumption [11][12] - The insurance sector is expected to experience rapid growth, with a focus on both material and human investments [11] - The call for unity and determination among all employees to achieve the company's goals was emphasized [16]

Group 1 - The core viewpoint of the article is that People's Insurance Company of China (PICC) Life has been awarded the title of "Outstanding Life Insurance Company of the Year" in the 2025 Sina Golden Unicorn Insurance Industry Awards organized by Sina Finance [1][4]. - The evaluation process for the awards involved a comprehensive assessment of insurance institutions from multiple fields and perspectives, leading to the selection of several industry leaders [3][6].

Group 1 - The Hong Kong Dividend ETF (ICBC, 159691) closed down 3.71% on February 2, with a trading volume of 472 million yuan [1] - The fund was established on March 30, 2023, with an annual management fee of 0.45% and a custody fee of 0.07% [1] - As of January 30, 2024, the fund's latest share count was 6.306 billion, with a total size of 8.691 billion yuan, reflecting a 3.43% decrease in shares and a 3.03% increase in size since December 31, 2025 [1] Group 2 - The current fund managers are Liu Weilin and He Shun, with Liu managing since March 30, 2023, achieving a return of 39.18%, while He is set to manage from May 30, 2024, with a return of 16.38% [2] - The fund's top holdings include China National Offshore Oil Corporation (14.55%), China Shenhua Energy (9.65%), and China Pacific Insurance (8.90%), among others [2][3]

Investment Rating - The report maintains an "Accumulate" rating for the industry [2] Core Insights - The report discusses the upcoming capital injection into large state-owned insurance companies, which is expected to enhance the strength of leading insurers amid industry consolidation [5] - It highlights that the estimated capital injection scale is around 200 billion yuan, which will significantly improve the solvency ratios of the involved companies [5] - The report emphasizes the importance of monitoring the pricing of the capital increase and its impact on book value per share (BVPS) and embedded value per share (EVPS) [5] Summary by Sections Industry Overview - The total market capitalization of the industry is approximately 37,190.62 billion yuan, with the same amount for circulating market capitalization [2] Capital Injection Details - The report anticipates that the capital injection will be approximately 200 billion yuan, which will account for about 16.5% of the expected net assets of China Life, China Ping An, and China Taiping by the end of 2026 [5][8] - The solvency ratio is expected to improve by approximately 23 basis points due to this capital injection [5][8] Investment Recommendations - The report suggests that investors should focus on the pricing of the capital increase and its effects on BVPS and EVPS [5] - It reiterates the investment value of the insurance sector, highlighting companies such as China Taiping, China Ping An, China Life, New China Life, and China Pacific Insurance as key focuses [5]