Economic Observation Network The term of office of the sixth board of directors of Sunshine Insurance is about to expire. On April 7, 2026, the company announced the nomination of candidates for the seventh board of directors, including five executive director candidates, Zhang Weigong, Li Ke, Peng Jihai, Wang Xiaopeng, Liu Yingchun, as well as non-executive director and independent non-executive director candidates. The staff representative assembly has elected Hou Huisheng as the staff director. This proposal needs to be submitted to the shareholders' meeting for election, with a term of three years This change of leadership may affect the continuity of the company's strategic decision-making.

Business status of the company
The company has stopped adding financing guarantee insurance business since 2026 to cope with the pressure on the property and casualty insurance sector in 2025 (with a loss of 1.51 billion yuan in guarantee insurance underwriting that year). This adjustment aims to optimize the business structure, and its effects may gradually become apparent in the 2026 financial report ?

The above content is based on publicly available information and does not constitute investment advice.