COMPANY INFORMATION
Listed Date 15 Jan 2015
Telephone
General Line:
(852) 2395 4111
Investor relations:
(852) 2390-1868
Facsimile
General Line:
(852) 2789 1539
Investor relations:
(852) 3475 0126
Website:
6161.com.hk
FINANCIAL REPORTSmore
- 15 Jan 2015
- Trading Commenced on the Main Board of SEHK Closing Price Increased 33.5% from the Initial Offering Price
- 28 Aug 2017
- 《公司業績》中國再保險(01508.HK)中期純利29.5億元人幣 按年升9.5%
- 28 Aug 2017
- 《瑞銀窩輪》內銀、內險獲追捧 紛紛破頂
- 28 Aug 2017
- 《瑞信窩輪》內險向好、油股整固,留意中壽購27782 / 平安購29349 / 中化牛64291
- 28 Aug 2017
- 人保(01339.HK)將推出養老險 創新產品監管對保費收入影響較小
- 28 Aug 2017
- 人保(01339.HK)上半年港股通投資80-100億人幣
Target Insurance (Holdings) Limited (the “Company”) (Stock Code: 6161.HK) listed on the Main Board of the Stock Exchange of Hong Kong Limited (the “HKEx”) on 15 January 2015. The Company was honored to receive Hong Kong Economic Journal’s Listed Company Award of Excellence 2016.
Target Insurance Company, Limited (“Target”), a wholly-owned subsidiary of the Company, was incorporated in 1977, is one of the largest motor insurance companies in Hong Kong. Target is a trusted partner to the transportation industry and provides high quality and professional insurance services to our customers.
With the focus on motor insurance, Target ranked first in terms of motor insurance gross premium income in 2010, and has maintained the top three ranking consecutively. Target distinguished itself and earned customers’ confidence with its convenient and speedy claims procedures, highly efficient and advanced insurance information system, as well as its experienced and professional team in the competitive motor insurance market. Target received various recognitions around Hong Kong, such as RoadShow’s Best Loved Motor Insurance Brands Awards 2015 and 2016 and Metro Awards for Banking & Finance Corporations 2016 - Best Motor Insurance Award.
Target have successfully developed new general insurance products in 2017 and provides an all-rounded, professional and quality general insurance products and services to local enterprises and individual clients. Target recruited a team of top-tier experienced professionals from international insurance companies, in order to diversify its general insurance products and enhance its professionalism. We embrace new challenges in the future and target to be the most preferred local general insurance company in Hong Kong.
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Dr. Cheung Haywood
Chairman and Executive Director
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Mr. Ng Yu
Co-Chairman and Executive Director
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Mr. Muk Wang Lit Jimmy
Executive Director and Chief Executive Officer
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Mr. Chan Hok Ching
Executive Director
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Ms. Lau Ka Yee
Executive Director and Chief Financial Officer
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Mr. Wei Weicheng
Executive Director
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Mr. Lin Feng
Executive Director
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Mr. Dai Chengyan
Executive Director
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Mr. Rui Yuanqing
Executive Director
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Mr. Wan Kam To
Independent non-executive Director
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Mr. Wong Shiu Hoi Peter
Independent non-executive Director
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Mr. Anthony Espina
Independent non-executive Director
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Mr. Leung Ho Yin Alexander
Independent non-executive Director
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Dr. Wang Jun Sheng
Independent non-executive Director
Dr. Cheung Haywood - Chairman and Executive Director
Mr. Ng Yu - Co-Chairman and Executive Director
Mr. Muk Wang Lit Jimmy - Executive Director and Chief Executive Officer
Mr. Chan Hok Ching - Executive Director
Ms. Lau Ka Yee - Executive Director and Chief Financial Officer
Ms. LAU KA YEE (“Ms. Lau”), aged 39, was appointed as an executive Director of the Company and a member of the risk committee of the Company with effect from 1 January 2020. Ms. Lau is the Chief Financial Officer of the Company and its subsidiaries (collectively, the “Group”). She is also a director of Target Credit Limited and a member of the claims settlement committee of Target Insurance Company, Limited, each of them a wholly-owned subsidiary of the Company. Ms. Lau was appointed as the financial controller of the Group in October 2014. She has over 15 years of experience in accounting industry specializing in general insurance industry. Prior to joining the Group, Ms. Lau had worked as a senior manager of PricewaterhouseCoopers’ advisory services.
Ms. Lau is a fellow member of the Hong Kong Institute of Certified Public Accountants and associate of the Hong Kong Institute of Chartered Secretaries and the Chartered Governance Institute (formerly known as Institute of Chartered Secretaries and Administrators). She graduated from Hong Kong Polytechnic University with a Master of Corporate Governance (with Distinction) in 2018 and Chinese University of Hong Kong with a Bachelor of Business Administration majoring in Professional Accountancy in 2003. Ms. Lau is a fellow of The Australian and New Zealand Institute of Insurance and Finance.
Mr. Wei Weicheng - Executive Director
Mr. Wei is currently an executive Director of Amber Hill Financial Holdings Limited (Stock code: 33).
He had served renowned global high-tech company and international banking group. Mr. Wei, particularly, is familiar with the financial industry and the technology industry in mainland China and has a vision for the strategic development of the Greater Bay Area. Mr. Wei is also devoted to charity. He is patron and an active member of civil and arts charities.
Mr. Wei obtained a Bachelor’s degree in Computer Engineering from Jilin University and a Master’s degree in Environmental and Public Health Management from Hong Kong Baptist University.
Mr. Lin Feng - Executive Director
Mr. Lin is currently an executive Director of Amber Hill Financial Holdings Limited (Stock code: 33).
He founded MyCharm, a franchised retail brand in 2011 and Guangzhou Baikong Biotechnology Limited in 2015, focusing on research vector control technology. His innovative research achievement and intellectual property rights have contributed to the development of biotechnology market in Mainland China. In the same year, Mr. Lin established Shenzhen Qianhai Water & Wood Fund Management Limited, principally engaged in the algorithmic trading & private equity, and introduced one of the five most significant overseas hedge funds into China market.
He obtained his Bachelor’s Degree in 2012 and is currently pursuing further studies in a Doctorate Degree in Southern Medical University.
Mr. Dai Chengyan - Executive Director
Mr. Dai had been the general manager of the wealth management department of China Resources SZITIC Trust Co., Ltd. during May 2016 to July 2020. He was the deputy general manager of the investment banking department of Zhuhai China Resources Bank from July 2015 to May 2016. During January 2010 to July 2015, Mr. Dai had been the general manager of the investment banking and finance department of the China Merchants Bank Guangzhou Branch.
He obtained the Master’s degree in Business Administration in Maastricht School of Management.
Mr. Rui Yuanqing - Executive Director
Mr. Rui is currently the personal assistant to chairman of Amber Hill Holdings Limited (Stock code: 33). Mr. Rui had been the manager of the investment & business development department of Target Insurance Company, Limited from May 2011 to Nov ember 2015. He had played a vital leading role in leading the Company to list in the Stock Exchange and helped the Company in launching the online direct sales project/website successfully. Mr. Rui was responsible for investment activities and exploring, analyzing and evaluating new business opportunities. He represented Target as delegate in Accident Insurance Association, Hong Kong Federation of Insurers during 2013 to 2015. Mr. Rui worked as an operation manager in Head & Shoulders Securities Ltd. from April 2010 to April 2011 and had worked as a project coordinator in Simsen Services Company Limited, which is wholly owned by Simsen International Corporation Limited (now known as Huarong International Financial Holdings Limited, Stock code: 993), from 4 August 2008 to 31 March 2010. He has actively engaged in various financial projects of mergers and acquisitions, including mining, securities, insurance etc. and has extensive experience in due diligence, investment and asset management.
Mr. Rui obtained a Master’s degree of Science in International Banking and Finance in Lingnan University in 2008. He is a fellow of The Australian and New Zealand Institute of Insurance and Finance.
Mr. Wan Kam To - Independent non-executive Director
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Mr. Wong Shiu Hoi Peter - Independent non-executive Director
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Agile Property Holdings Limited | 3383 | Stock Exchange | June 2014 to present |
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Mr. Anthony Espina - Independent non-executive Director
Mr. Leung Ho Yin Alexander - Independent non-executive Director
He is currently the managing partner of H.Y. Leung & Co. LLP, Solicitors.
Mr. Leung obtained the legal practitioner in The Supreme Court of New South Wales in 2002, the profession of solicitor in The Law Society of Hong Kong in 2005 and the profession of certified public accountant in Certified Public Accountants in Australia in 2009. Mr. Leung was graduated in The University of New South Wales with a Bachelor’s degree of law, a Master’s degree and a Bachelor’s degree of commerce in 2000.
Dr. Wang Jun Sheng - Independent non-executive Director
Dr. Wang is currently an independent non-executive Director of Amber Hill Holdings Limited (Stock code: 33).
Dr. Wang served as an independent non-executive Director of Shenzhen Nanshan Power Co. Ltd. (a company listed on the Shenzhen Stock Exchange, Stock Code: 000037 & 2000037) from May 2011 to November 2017 and China Merchants Shekou Industrial Zone Holdings Co., Ltd (a company listed on the Shenzhen Stock Exchange, Stock Code: 001979) from June 2015 to September 2018.
Audit Committee
The primary duties of the audit committee are to review and supervise the financial reporting process and internal control procedures of our Group.
The audit committee comprises Mr. Wan Kam To, Mr. Wong Shiu Hoi Peter, Mr. Anthony Espina, Mr. Leung Ho Yin Alexander and Dr. Wang Jun Sheng. Mr. Wan Kam To is the chairman of the audit committee.
Terms of Reference of the Audit Committee
Remuneration Committee
The primary duties of the remuneration committee are to review and determine the terms of remuneration packages, business and other compensation payable to the Directors and other senior management.
The remuneration committee comprises four independent non-executive Directors and three executive Director, namely Mr. Wong Shiu Hoi Peter, Mr. Anthony Espina, Mr. Leung Ho Yin Alexander, Dr. Wang Jun Sheng, Mr. Chan Hok Ching, Mr. Wei Weicheng and Mr. Rui Yuanqing. Mr. Wong Shiu Hoi Peter is the chairman of the remuneration committee.
Terms of Reference of the Remuneration Committee
Nomination Committee
The primary duties of the nomination committee are to make recommendations to the Board on the appointment of Directors and management of Board succession.
The nomination committee comprises three independent non-executive Directors and two executive Director, namely Mr. Anthony Espina, Mr. Wong Shiu Hoi Peter, Mr. Leung Ho Yin Alexander, Mr. Muk Wang Lit Jimmy and Mr. Wei Weicheng. Mr. Anthony Espina is the chairman of the nomination committee.
Terms of Reference of the Nomination Committee
Risk Committee
The primary duties of the risk committee are (i) to advise the risk and risk management strategy of our Group; (ii) to consider, review and approve risk management policies and guidelines; and (iii) to decide on risk levels and related resources allocation. The risk committee will also be responsible for advising further enhancement on corporate governance in preparation for the requirements under the risk-based capital framework (including the appointment of a chief risk officer).
The risk committee comprises three independent non-executive Directors and six executive Directors, namely Mr. Wong Shiu Hoi Peter, Mr. Anthony Espina, Mr. Leung Ho Yin Alexander, Mr. Muk Wang Lit Jimmy, Mr. Chan Hok Ching, Ms. Lau Ka Yee, Mr. Wei Weicheng, Mr. Lin Feng and Mr. Rui Yuanqing. Wong Shiu Hoi Peter is the chairman of the risk committee.
Terms of Reference of the Risk Committee
Procedures for Shareholders to Propose A Person for Election as A Director of the Company
Shareholders Communication Policy
Whistleblowing Policy
Upcoming Event
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2144136IR Contact
Target Insurance (Holdings) Limited
Address: 5/F, Low Block, Grand Millennium Plaza, 181 Queen's Road Central, Hong Kong
Tel: (852) 2390-1868
Fax: (852) 3475-0126
Email: investorrelations@6161.com.hk