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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  PICC Property and Casualty Company Limited    2328   CNE100000593

PICC PROPERTY AND CASUALTY COMPANY LIMIT

(2328)
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PICC Property and Casualty : CHANGE IN SUPERVISOR

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12/16/2019 | 04:21am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2328)

CHANGE IN SUPERVISOR

The board of directors (the "Board") of PICC Property and Casualty Company Limited (the "Company") announces that Mr. Li Fuhan resigned as an employee representative supervisor of the Company with effect from 16 December 2019 due to his retirement. Mr. Li has confirmed that he has no disagreement with the Board and the Supervisory Committee of the Company (the "Supervisory Committee"), and there are no matters in relation to Mr. Li's resignation that need to be brought to the attention of the shareholders of the Company. The Board and the Supervisory Committee would like to thank Mr. Li for his beneficial contribution to the Company during his tenure of service.

By Order of the Board

Zou Zhihong

Secretary of the Board

Beijing, the PRC, 16 December 2019

As at the date of this announcement, the Chairman of the Board is Mr. Miao Jianmin (executive director), the Vice Chairman is Mr. Xie Yiqun (executive director), the non-executive directors are Mr. Tang Zhigang and Mr. Li Tao, Ms. Xie Xiaoyu is an executive director, and the independent non-executive directors are Mr. Lin Hanchuan, Mr. Lo Chung Hing, Mr. Ma Yusheng, Mr. Chu Bende and Ms. Qu Xiaohui.

Disclaimer

PICC Property & Casualty Co. Ltd. published this content on 16 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2019 09:20:01 UTC

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Financials (CNY)
Sales 2019 378 B
EBIT 2019 24 309 M
Net income 2019 24 174 M
Debt 2019 20 733 M
Yield 2019 5,33%
P/E ratio 2019 6,54x
P/E ratio 2020 6,83x
EV / Sales2019 0,47x
EV / Sales2020 0,44x
Capitalization 159 B
Chart PICC PROPERTY AND CASUALTY
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PICC Property and Casualty Technical Analysis Chart | 2328 | CNE100000593 | MarketScreener
Technical analysis trends PICC PROPERTY AND CASUALTY
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 25
Average target price 9,34  CNY
Last Close Price 7,13  CNY
Spread / Highest target 60,5%
Spread / Average Target 31,0%
Spread / Lowest Target -3,79%
EPS Revisions
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NameTitle
Yi Qun Xie Vice Chairman & President
Jian Min Miao Chairman
Dong Shen Chief Financial & Accounting Officer, Executive VP
Li Duo Shao Chief Information Technology Officer
Zheng Fei Lu Independent Member-Supervisory Board
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