2022年1月17日

Xie Yonglin: The five-meeting governance system helps Ping An deepen reform

(reporter Cheng Zhu), general manager of China ping an insurance (group) co., LTD and co-chief executive Xie Yonglin in silver insurance regulatory commission on October 29, held a regular press conference of the 262th bancassurance, said China’s ping an bold ahead and try, to explore, on the one hand, by introducing the “three body (foreign investment, foreign body, the mind)”, and gradually establish and improve the internationalization of corporate governance; At the same time, it integrates with China’s actual situation, establishes a sound “five meetings” system, forms a scientific corporate governance structure, and helps Ping An deepen reform and prevent risks.

Xie Yonglin introduced that at present, Ping An has developed from a single insurance company with only 13 employees into the largest mixed-ownership public listed company in China, with an asset scale of 9 trillion yuan, annual tax payment of over 120 billion yuan and market value of 1.5 trillion yuan. In accordance with the Company Law, Securities Law and other relevant laws and regulations, as well as the requirements of normative documents, and in combination with the actual situation of the company, Ping An of China has formed a “five-meeting” governance system consisting of the Party Committee, the general meeting of shareholders, the board of directors, the board of supervisors and the executive committee. The five-meeting governance system is composed of the Party committee, the general meeting of shareholders, the board of directors, the board of supervisors and the executive committee.

Xie Yonglin said that in the “five meetings”, the Party committee is at the leadership core and political core position of “directing the direction, managing the overall situation and ensuring the implementation” in the enterprise operation. Ping An pays attention to the organic combination of Party building work and modern enterprise system, the exercise of Party organization responsibilities and corporate governance in an orderly way, to ensure the Party’s political leading role in the whole company, to ensure that the direction and key path of the company’s business development are not deviated. The whole system also established from the group to the subsidiaries, and local institutions of the joint Party committees, to ensure the implementation of the Party’s policies.

Xie Yonglin pointed out that the general meeting of shareholders adheres to the diversified mixed ownership structure, exercises its functions and powers in accordance with the Company Law, and adheres to the “three no” principle of shareholders, that is, it shall not directly or indirectly interfere in the daily operation and management of the company, shall not appoint management to the company for any reason or way, and shall not violate the relevant party transactions with the company. Ensure that major shareholders participate in corporate governance in accordance with the law and regulations, and effectively prevent shareholders from using their position to damage the legitimate rights and interests of the company and all stakeholders.

“In addition, we continue to push forward our digital operations to ensure that our corporate governance keeps pace with The Times and continues to lead. Data operation runs through all aspects of operation and management. Artificial intelligence, big data and other technical means should be used to realize foresight, foresight and advance, so that corporate governance can be more efficient and more intelligent.” In 2019 and 2020, Ping An was the first Chinese insurer to release annual reports for two consecutive years, Xie said. The faster the annual report is released, the more timely the market can know the development situation of Ping An. This is precisely because of the comprehensive data-oriented business reform, which is the most intuitive presentation of the optimization of corporate governance by technological means of Ping An.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll Up