Ping An Life Insurance: Chairman Yang Zheng retires, and the appointment of the new chairman is proceeding in an orderly manner.

The journalist learned that recently, China Ping An Life Insurance Co., Ltd. announced that after Yang Zheng retired and completed his term of reappointment, he intends to resign from the positions of chairman and director of the company. Ping An Life Vice Chairman and Vice General Manager Cai Ting will act as chairman. Ping An Life stated that the company continuously strengthens the construction of its leadership team, advances the implementation of its strategy, and moves towards high-quality development. Currently, the company is orderly advancing the appointment of the chairman, and will fulfill its disclosure obligations in accordance with relevant laws and regulations and regulatory requirements. After Yang Zheng retires at retirement age, according to the company's articles of association, Vice Chairman Cai Ting will temporarily act as chairman.