[PICC: Wang Tingke resigns as president of the company due to job adjustment] the company's board of directors examined and passed the "motion on electing Wang Tingke as chairman of the fourth board of directors of the company" according to the announcement of the PICC on May 11. Wang Tingke's qualification as chairman of the company has yet to be approved by the China Banking and Insurance Regulatory Commission. At the same time, Wang Tingke resigned as president of the company on May 11, 2023 due to job adjustment.