China Reinsurance (1508) Announces Proposed Abolishment of Board of Supervisors

Bulletin Express
2025/11/13

On 13 November 2025, China Reinsurance (Group) Corporation (stock code: 1508) disclosed plans to abolish its Board of Supervisors. The announcement outlines that, in alignment with the Company Law of the People’s Republic of China and related regulations, the functions of the Board of Supervisors will be transferred to the Audit Committee under the Board of Directors once the revised Articles of Association take effect.

The current Board of Supervisors will continue to fulfill its duties until shareholder approval is obtained at a general meeting and the amended Articles of Association, approved at that meeting, receive authorization from the National Financial Regulatory Administration. After these steps, all members of the Board of Supervisors will no longer serve in that capacity, and special committees under the Board of Supervisors will be disbanded. A circular with further details, including the notice convening the shareholders’ general meeting, will be sent to shareholders as soon as practicable.

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