DIRECTORS' INTERESTS IN COMPETING BUSINESS PICC Life, PICC Health and PICC Pension, subsidiaries of PICC Group, the controlling shareholder of the Company, are also engaged in accidental injury insurance and short-term health insurance businesses. From 1 January 2023 to 16 March 2023, Mr. Luo Xi...
If you plan on staying in your home for the foreseeable future, then you may not care what your home value is. Your mortgage payment is simply a housing payment like rent, except that one wonderful day it you’ll just be left with property taxes. It doesn’t change how you spend your...
At the 2023 China International Fair for Trade in Services, its "Happiness+" pension finance service system was selected as the practice case of "China Service". And it was titled as "Cross-border Financial Services Platform of the Year" by jiemian.com. In October 2023, the Bank was ...
Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors. Guidance for Second Quarter Fiscal 2021The Company announced revenue and earnings guidance for the second quarter o...
Pension reform.The pension reform project will be officially presented on 15 December 2022. Possible increases to the legal retirement age (currently 62 years) could be to 65 years in 2031, or to 64 years but lengthening the contribution period. ...
The time limits for the submission of information, claims and payment of tax, including payments on account a) Recognise the time limits that apply to the filing of returns and the making of claims.[1] b) Recognise the due dates for the payment of tax and explain how taxes are paid.[2...
The plans (covered by the Labor Standards Act) entitle a retired employee to receive retirement payment calculated by the units based on years of service and average salary for the six months prior to retirement. (i) Composition of plan assets The Company allocates pension funds in accordance ...
(provided that any payment of any such cash shall be subject to compliance with the provisions set forth in this agreement, including those set forth in Article VI) (such conversion or exchange provisions, “Permitted Conversion Provisions”)) prior to the Latest Maturity Date at the time ...
(b) Defined contribution plans The defined contribution plan is a pension plan under which the Bank pays fixed contributions to the national pension scheme, the Employees‟ Provident Fund ("EPF") and will have no legal or constructive obligations to pay further contributions if the fund does ...
Mr. Lai Jinpeng will not be compensated in connection with his participation in the offering by the payment of commissions or other remuneration based either directly or indirectly on transactions in our securities. Mr. Lai Jinpeng is not, nor has he been within the past 12 months, a broker ...