Xin Lang Cai Jing·2025-09-16 11:24Core Viewpoint - The equity adjustment of China Pacific Insurance (Group) Co., Ltd. involves the transfer of shares from Shanghai International Group to Jiushi Group and Shanghai Electric Holding Group to support the optimization of state-owned capital layout and high-quality development [1][2]. Group 1: Share Transfer Details - Shanghai International Group plans to transfer 55.59 million A-shares (0.58% of total shares) to Jiushi Group and 10 million A-shares (0.10% of total shares) to Shanghai Electric Holding Group [1]. - After the transfer, Shanghai International Group's A-share holding in China Pacific Insurance will decrease from 1.69% to 1.01%, while its H-share holding remains unchanged at 2.21% [1]. - Jiushi Group's A-share holding will increase from 0.95% to 1.52%, and Shanghai Electric Holding Group will become a new shareholder with a holding of 0.10% [2]. Group 2: Historical Context - The shares being transferred were originally received by Shanghai International Group from Jiushi Group in April 2021, when Jiushi Group transferred 160 million A-shares (1.66% of total shares) to Shanghai International Group [3]. - Following the previous transfer, Jiushi Group's holding decreased from 2.61% to 0.95%, while Shanghai International Group's holding increased from 0% to 1.66% [3]. - China Pacific Insurance, established in May 1991, is a leading comprehensive insurance group in China, offering a full range of insurance services and listed in Shanghai, Hong Kong, and London [3].