Beijing Financial Regulatory Authority issued an approval on August 7 regarding the qualification of Zhang Guang as a director of Allianz Insurance Asset Management Co., Ltd. The regulatory body has officially confirmed Zhang Guang's eligibility to serve on the board of the asset management firm.

The approval document, released by the Beijing Financial Supervisory Authority, authorizes Zhang Guang to assume the role of director at Allianz Insurance Asset Management. This appointment marks a key governance update for the company.