The qualifications of Yang Yucheng, chairman of Xinhua Insurance, were approved

Mondo Finance Updated on 2024-01-30

New China Insurance (601336.)SH) announced on the evening of the 20th that the company recently received the State Administration of Financial Supervision and Administration (hereinafter referred to as the "State Administration of Financial Regulation") "Reply on the Qualifications of Yang Yucheng of Xinhua Life Insurance Co., Ltd." (Jin Fu [2023] No. 496), and the State Administration of Financial Supervision has approved Yang Yucheng's qualifications as the chairman of the company.

Yang Yucheng's term of office as chairman of New China Insurance will be from December 18, 2023 to the expiration of the company's eighth term of board of directors.

Yang Yucheng, born in June 1971, is a Chinese national. Yang Yucheng has served as the Secretary of the Party Committee of New China Life Insurance Co., Ltd. since August 2023. From May 2019 to August 2023, Yang Yucheng served as the deputy secretary of the Party Committee of Shenwan Hongyuan Group Co., Ltd. *** Shenzhen ** Exchange *** 000166, Hong Kong Stock Exchange *** 06806) and Shenwan Hongyuan *** Deputy Secretary of the Party Committee, Executive Director and General Manager of Shenwan Hongyuan ***;From December 2014 to May 2019, he served as a member of the Party Committee of Shenwan Hongyuan Group Co., Ltd. and Shenwan Hongyuan Co., Ltd., and the chairman of the board of supervisors of Shenwan Hongyuan Group Co., LtdFrom May 2008 to December 2014, Yang Yucheng successively served as a member of the Party Committee, Secretary of the Commission for Discipline Inspection, Deputy General Manager and Chief Supervisor of Hongyuan Co., Ltd. Previously, Yang Yucheng served as the chief staff member of the State Administration of State-owned Assets, the assistant to the special inspector, the full-time supervisor of the state-owned enterprise board of supervisors of the Communist Party of China's Enterprise Working Committee, the director of the comprehensive department of China Network Communications, the director of the China Economic and Technological Investment Guarantee Office, and the assistant to the president. Yang Yucheng obtained a master's degree in economics from Chinese University in January 2000. (China Economic Net).

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