China Re (01508) announced that Mr. He Chunlei has resigned from his positions as Chairman, Executive Director, and Chairman and member of the Board's Strategy and Sustainable Development Committee due to reaching the statutory retirement age. The resignation became effective on September 18, 2025, when Mr. He Chunlei's resignation letter was delivered to the Board of Directors.

Mr. Zhuang Ganzhi has been appointed as Chairman of the Fifth Board of Directors, pending approval of his chairmanship qualification by the National Financial Regulatory Administration before formally assuming duties. His term will run until the expiration of the Fifth Board of Directors' term and may be renewed upon re-election.

Prior to Mr. Zhuang Ganzhi's formal assumption of Chairman duties, he will temporarily perform the functions of the company's legal representative and Chairman, effective from September 18, 2025, until the date he formally assumes Chairman duties.

Due to work arrangements, Mr. Zhuang Ganzhi will no longer serve as the company's President from September 18, 2025. He will serve as interim head, acting in the capacity of President from September 18, 2025, until a new President formally assumes duties.

The Board announced that Mr. He Chunlei will no longer serve as the company's authorized representative under Rule 3.05 of the Listing Rules, while Mr. Zhuang Ganzhi has been appointed as authorized representative, effective September 18, 2025.