PICC Group definition

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

  • PICC Group mainly invests in and holds shares in listed companies, insurance agencies and other financial institutions, supervises and manages various domestic and international businesses of its invested companies and policy-oriented insurance businesses authorised or entrusted by the government, etc.

  • As at the date of this announcement, PICC Group is the controlling shareholder of the Company, holding 68.98% of the total share capital of the Company.

  • As at the date of this announcement, PICC Group is the controlling shareholder of the Company, holding approximately 68.98% of the total share capital of the Company.

  • As at the date of this announcement, the Ministry of Finance is the controlling shareholder and the ultimate beneficial owner of PICC Group, holding 60.84% of the total share capital of PICC Group.

  • PICC Group is principally engaged in the investment and the holding of shares of listed corporations, insurance institutions and other financial institutions, the supervision and management of various domestic and overseas businesses of its controlled enterprises and the policy-guided insurance business that is authorised or appointed by the PRC.

  • LISTING RULES IMPLICATIONSPICC HK is a non-wholly owned subsidiary of PICC Group, the controlling shareholder of the Company.

  • Pursuant to the Listing Rules, PICC Group is a connected person of the Company.

  • As at the date of this announcement, the Ministry of Finance is the controlling shareholder of PICC Group, holding approximately 60.84% of the total share capital of PICC Group.

  • PICC Group and the Company hold 51% and 49% of the issued capital of PICC Re respectively.

  • PICC Group is a joint stock limited company incorporated and registered in the PRC, whose shares are listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, respectively.


More Definitions of PICC Group

PICC Group. The People’s Insurance Company (Group) of China Limited “PRC” or “China” the People’s Republic of China
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PICC Group. The People’s Insurance Company (Group) of China Limited “PICC Life” PICC Life Insurance Company Limited
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PICC Group. The People’s Insurance Company (Group) of China Limited
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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
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PICC Group. The People’s Insurance Company (Group) of China Limited “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited “Independent Director(s)” independent non-executive director(s) of the Company “Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited “PICC Information Technology” PICC Information Technology Co., Limited
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Related to PICC Group

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Target Group means the Target and its Subsidiaries.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • HSBC Group means HSBC Holdings plc, its affiliates, subsidiaries, associated entities and any of their branches and offices (together or individually), and “member of the HSBC Group” has the same meaning.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • Retained Group means, in respect of each Seller, that Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (excluding the Purchaser, that Seller’s Target Company and any subsidiaries or subsidiary undertakings of that Target Company);

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Purchaser’s Group means the Purchaser, its subsidiaries and subsidiary undertakings, any holding company of the Purchaser and all other subsidiaries of any such holding company from time to time;

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Supplier Group means the Supplier, its Affiliated Companies, its subcontractors and its and their respective employees, officers, directors, representatives, agents and invitees.

  • Target Companies means the Company and its Subsidiaries.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Member means a member of the Board;

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”