PICC P&C announced that, pursuant to a decision by the Communist Party Committee of PICC Group, Mr. Zhang Daoming has been appointed as Secretary of the Communist Party Committee of PICC Property and Casualty Company Limited. Mr. Zhang currently serves as a member of the Communist Party Committee of PICC Group, a member of the Communist Party Committee of PICC P&C, the company's interim principal, an executive director, a vice president, and the financial controller.