PICC(601319) 证券时报网·2024-10-22 17:54Group 1 - The new appointment of Ding Xiangqun as the Party Secretary of China Insurance (China Renbao) marks a significant leadership change after a two-month vacancy [1] - Ding Xiangqun is the fourth leader of China Insurance since 2020 and the first female head of a major insurance company in China since the elevation of the company in 2012 [1] - Prior to this role, Ding held various positions in the banking sector, including Vice President of the National Development Bank and Deputy Governor of Guangxi Zhuang Autonomous Region [1] Group 2 - China Insurance, established in 1949, is a major state-owned insurance financial group with a 60.84% stake held by the Ministry of Finance and 12.68% by the National Social Security Fund [2] - In 2023, China Insurance reported a net profit of 22.773 billion yuan and insurance service revenue of 503.9 billion yuan, with original insurance premium income exceeding 66.17 billion yuan [2] - As of June 2024, the total assets of China Insurance amounted to 1.65 trillion yuan [2]