Sunshine Insurance Wins Regulatory Nod for New Executive Director and Risk Committee Chair

Sunshine Insurance Group Co. Ltd. ( (HK:6963) ) just unveiled an announcement.

Sunshine Insurance Group Company Limited has received regulatory approval from China’s National Financial Regulatory Administration for the qualification of Mr. Wang Xiaopeng as an executive director, effective 29 January 2026. Concurrently, Wang has been appointed chairman of the Board’s Risk Management Committee, replacing executive director Li Ke, marking a key shift in the Group’s governance and oversight structure. Wang, a long-serving insider who joined the Group in 2007 and currently serves as deputy general manager and chief auditor, brings extensive operational and risk management experience from both Sunshine Insurance and PICC Property and Casualty, and holds equity interests through the company’s employee share ownership and performance-based bonus deferral plans, aligning his interests with shareholders.

The most recent analyst rating on (HK:6963) stock is a Buy with a HK$4.50 price target. To see the full list of analyst forecasts on Sunshine Insurance Group Co. Ltd. stock, see the HK:6963 Stock Forecast page.

More about Sunshine Insurance Group Co. Ltd.

Sunshine Insurance Group Company Limited is a Chinese insurance group headquartered in the People’s Republic of China and listed in Hong Kong. Through its subsidiaries, including Sunshine Property and Casualty Insurance Co., Ltd., the Group focuses on property and casualty insurance and related financial services in the domestic market, serving both individual and corporate clients.

Average Trading Volume: 15,045,945

Technical Sentiment Signal: Buy

Current Market Cap: HK$58.09B

Find detailed analytics on 6963 stock on TipRanks’ Stock Analysis page.