PICC Group definition

PICC Group. The People’s Insurance Company (Group) of China Limited, a joint stock limited company incorporated in the PRC with limited liability, whose H shares are listed on the Hong Kong Stock Exchange “PRC” or “China” the People’s Republic of China “RMB” Renminbi, the lawful currency of the PRC
PICC Group. The People’s Insurance Company (Group) of China Limited, a state-controlled joint stock insurance group company established in the PRC
PICC Group. The People’s Insurance Company (Group) of China Limited “PICC Re” PICC Reinsurance Company Limited

Examples of PICC Group in a sentence

  • PICC Life is a non-wholly owned subsidiary of PICC Group, the Company’s controlling shareholder.

  • As Xx. Xx Xxx, a Director, holds positions in PICC Group and PICC Life, and Xx. Xxxx Xxxxxxxx, Xx. Xxxx Xxxxxx, Xx. Xx Xxxxxxxx and Mr. Xx Xxx, Directors, hold positions in PICC Group, all of them have abstained from voting on the board resolution for considering and approving the Agreement.

  • PICC Group holds approximately 69% of the issued share capital of the Company and directly holds approximately 71% of the issued share capital of PICC Life.


More Definitions of PICC Group

PICC Group. The People’s Insurance Company (Group) of China Limited “PICC Health” PICC Health Insurance Company Limited “PICC Investment” PICC Investment Holding Company Limited, a limited liability company incorporated in the PRC and a wholly owned subsidiary of PICC Group, the controlling shareholder of the Company “PICC Life” PICC Life Insurance Company Limited “PRC” the People’s Republic of China “RMB” Renminbi, the lawful currency of the PRC “Transaction” pursuant to the Agreement, North Information Center’s registered capital will be increased by RMB2,397.39 million, which shall be contributed by PICC Life, PICC Health and the Company according to their current share of equity interest. The Company shall contribute RMB1,678.173 million to the capital increase in North Information Center “%” per cent Beijing, the PRC, 16 July 2020 By Order of the Board PICC Property and Casualty Company Limited Xxx Xxxxxxx Secretary of the Board
PICC Group. The People’s Insurance Company (Group) of China Limited “PICC Health” PICC Health Insurance Company Limited “PICC Investment” PICC Investment Holding Company Limited “PRC” the People’s Republic of China “RMB” Renminbi, the lawful currency of the PRC “Transaction” pursuant to the Capital Increase Agreement, the Company will subscribe for 2,118,644,067 new shares of PICC Health for a consideration of approximately RMB2,500 million By Order of the Board Xxxxx Xxxxxx Secretary of the Board Beijing, the PRC, 23 June 2016
PICC Group. The People’s Insurance Company (Group) of China Limited “PICC Life” PICC Life Insurance Company Limited
PICC Group. The People’s Insurance Company (Group) of China Limited “PRC” or “China” the People’s Republic of China “RMB” Renminbi, the lawful currency of the PRC “South Information Center” the South Information Center of PICC Group located in Xx. 00 Xxxxxx Xxxx Xxxx, Xxxxxxxx, Xxxxxx Xxxxxxxx, Xxxxxx, Xxxxxxxxx Xxxxxxxx, Xxxxx “WAN” wide area network “WAN Service Agreement” the WAN service agreement to be entered into by the Company and PICC Group “Transaction” the Company rents workplaces in the office building, meeting rooms and server installation positions in the server building from PICC Group contemplated under the Lease Agreement By Order of the Board Xxxxx Xxxxxx Secretary of the Board Beijing, the PRC, 5 December 2013
PICC Group. The People’s Insurance Company (Group) of China Limited “Promoters’ Agreement” the Promoters’ Agreement on PICC Reinsurance Company Limited entered into between the Company and PICC Group on 16 April 2015 “Reinsurance Company” PICC Reinsurance Company Limited, a joint stock limited liability company to be established by PICC Group and the Company pursuant to the Promoters’ Agreement
PICC Group. The People’s Insurance Company (Group) of China Limited “PRC” or “China” the People’s Republic of China “RMB” Renminbi, the lawful currency of the PRC “South Information Center” the South Information Center of PICC Group located in Xx. 00 Xxxxxx Xxxx Xxxx, Xxxxxxxx, Xxxxxx District, Foshan, Guangdong Province, China “Transaction” PICC Group rents WAN equipments and provides WAN technical services, etc. to the Company contemplated under the WAN Service Agreement “WAN” wide area network “WAN Service Agreement” or “Agreement” the WAN Service Agreement entered into by the Company and PICC Group on 23 December 2013 “WAN Service Fees” or “Fees” fees paid by the Company to PICC Group under the WAN Service Agreement Beijing, the PRC, 23 December 2013 By Order of the Board Xxxxx Xxxxxx Secretary of the Board
PICC Group. The People’s Insurance Company (Group) of China Limited “PRC” or “China” the People’s Republic of China “RMB” Renminbi, the lawful currency of the PRC “South Information Center” the South Information Center of PICC Group located in Xx. 00 Xxxxxx Xxxx Xxxx, Xxxxxxxx, Xxxxxx District, Foshan, Guangdong Province, China “Transaction” PICC Group rents WAN equipments and provides WAN technical services, etc. to the Company contemplated under the WAN Service Agreement “WAN” wide area network “WAN Service Agreement” or “Agreement” the WAN Service Agreement entered into by the Company and PICC Group on 23 December 2013 “WAN Service Fees” or “Fees” fees paid by the Company to PICC Group under the WAN Service Agreement Beijing, the PRC, 23 December 2013 By Order of the Board Xxxxx Xxxxxx Secretary of the Board