On April 23, China Re Group held a business analysis meeting for the first quarter of 2020 in Beijing. The meeting, chaired by Yuan Linjiang, Secretary of the Party Committee and Chairman of China Re Group, was participated by the company’s senior executives, subsidiaries and departmental heads. Directors with equity interests participated in the meeting as non-voting attendees.

　　At the meeting, the essence of CIC’s report meeting on the operating conditions of enterprises under direct management in the first quarter of 2020 was conveyed. Relevant departments of China Re Group reported on the operating situation, financial position and risk management in the first quarter. Each subsidiary made a special report on the operating situation in the first quarter, the impact of the pandemic on the business and the major operational measures.

　　Yuan Linjiang, Secretary of the Party Committee and Chairman of China Re Group, pointed out that, in the first quarter, the Group system withstood the short-term impact of the pandemic by focusing on pandemic prevention and control on the one hand and business development on the other. The business development was in line with expectations, and the work for the year started smoothly.

　　Chairman Yuan emphasized that 2020 is a critical year for China Re Group to win in the “13th Five-Year Plan” and plan for the “14th Five-Year Plan”. The Group system must work together and strive for the best, earnestly carrying out annual work priorities, paying great attention to risk management and control, and striving to resolve key business issues, thereby continuously promoting the overall stable development of the Group.

　　He Chunlei, Deputy Secretary of the Party Committee and President of China Re Group, required the Group system to stay on guard, act positively, make precise decisions, adhering to overall operating requirements of advancing amidst stability, being stability-oriented, expanding business scales, putting efficiency first, and the business policy of “stabilizing growth, adjusting structure, controlling risk, and increasing efficiency”, sparing no effort in achieving the Group’s annual business goals.