Group 1 - The core viewpoint of the articles highlights China Ping An's strong financial performance in the first three quarters of 2025, with operating profit attributable to shareholders reaching 116.26 billion yuan, a year-on-year increase of 7.2%, and a significant third-quarter growth of 15.2% [1] - The net profit attributable to shareholders for the same period was 132.86 billion yuan, reflecting a year-on-year growth of 11.5%, with a remarkable 45.4% increase in the third quarter [1] - As of September 30, 2025, the group's net assets attributable to shareholders stood at 986.41 billion yuan, showing a 6.2% growth after dividends compared to the beginning of the year [1] Group 2 - The life and health insurance business has shown continuous growth, with new business value reaching 35.72 billion yuan, a year-on-year increase of 46.2% [1] - The agent channel's new business value grew by 23.3%, while the per capita new business value increased by 29.9%; the bancassurance channel saw a remarkable growth of 170.9% [1] - Various channels, including bancassurance and community financial services, contributed 35.1% to Ping An's new business value in life insurance [1] Group 3 - On the product side, Ping An has launched several key wealth and pension products, including the "An Yi Zun Xiang" dividend annuity product and the new "e Sheng Bao" series of medical insurance products catering to different customer segments [2] - In terms of services, Ping An focuses on building capabilities in medical health, home care, and high-quality elderly care, having served over 16 million customers in health management by the end of September 2025 [2] - The home care service has expanded to cover 85 cities nationwide, with nearly 240,000 customers qualifying for home care services; the high-quality elderly care community projects have been established in five cities, with the Shanghai project "Jing'an No. 8" now operational [2]

2025年前三季度，中国平安实现归属于母公司股东的营运利润1162.64亿元，同比增长7.2%；第三季度 归属于母公司股东的营运利润增长15.2%。前三季度实现归属于母公司股东的净利润1328.56亿元，同比 增长11.5%，第三季度当季同比大幅增长45.4%；截至2025年9月30日，营业收入8329.40亿元，同比增长 7.4%。 （文章来源：北京商报） 北京商报讯（记者李秀梅）10月28日，中国平安保险（集团）股份有限公司（以下简称"中国平安"）公 布截至2025年9月30日止九个月期间业绩。 ...

Core Insights - China Ping An Insurance (Group) Co., Ltd. reported its performance for the nine months ending September 30, 2025, highlighting a focus on core business and innovation-driven strategies [1] Group 1: Financial Performance - For the first three quarters of 2025, Ping An Property & Casualty Insurance achieved a total premium income of 256.247 billion yuan, representing a year-on-year growth of 7.1% [1] - The overall combined cost ratio improved to 97.0%, an optimization of 0.8 percentage points compared to the previous year [1] Group 2: Segment Performance - The premium income from auto insurance reached 166.116 billion yuan, with a year-on-year increase of 3.5% [1] - The premium income from non-auto insurance amounted to 90.131 billion yuan, showing a significant year-on-year growth of 14.3% [1]

Core Insights - China Ping An Insurance (Group) Co., Ltd. reported a strong growth in new business value for its life and health insurance segment, with a year-on-year increase of 46.2% for the first three quarters of 2025 [1] Summary by Categories Business Performance - New business value for life and health insurance reached 35.724 billion yuan, reflecting a 46.2% year-on-year growth [1] - The new business value rate (based on standard premiums) increased by 9.0 percentage points year-on-year [1] Channel Development - The agent channel implemented a "three excellence" platform strategy, resulting in a 23.3% year-on-year growth in new business value and a 29.9% increase in new business value per agent [1] - The bancassurance channel saw a remarkable 170.9% year-on-year growth in new business value, driven by the expansion of high-quality teams and enhanced product competitiveness [1] Customer Retention - The community financial service channel improved the full payment continuation rate of existing customers by 0.6 percentage points year-on-year [1] - Bancassurance, community financial services, and other channels contributed 35.1% to the new business value of Ping An's life insurance segment [1]

中国平安表示，保险资金投资业绩大幅提升，前三季度，中国平安平安保险资金投资组合实现非年化综 合投资收益率5.4%，同比上升1.0个百分点。 北京商报讯（记者 李秀梅）10月28日，中国平安保险（集团）股份有限公司（以下简称"中国平安"） 公布截至2025年9月30日止九个月期间业绩。 ...

Core Viewpoint - The company has demonstrated significant improvement and strong growth in its performance for the first three quarters of 2025, with key indicators showing a solid foundation and a notable strengthening of its fundamentals [1][9]. Group 1: Operating Profit - The operating profit attributable to the parent company reached 116.26 billion yuan, reflecting a year-on-year increase of 7.2%, with a clear upward trend over three consecutive quarters [2]. - The quarterly growth rates were 2.4% in Q1, 4.9% in Q2, and a notable 15.2% in Q3, indicating robust operational capabilities despite external economic pressures [2]. Group 2: Net Profit - The net profit attributable to the parent company was 132.86 billion yuan, marking an 11.5% year-on-year increase, with Q3 showing a remarkable growth of 45.4% [3]. - The company noted that net profit was influenced by one-time transactions and non-recurring financial factors, yet still achieved double-digit growth [3]. Group 3: Net Assets - As of September 30, the net assets attributable to the parent company reached 986.4 billion yuan, up 6.2% from the beginning of the year, indicating a solid balance sheet [4][5]. - The growth in net assets is linked to the company's stock market investments and earnings, providing a strong foundation for future shareholder returns [4]. Group 4: New Business Value in Life Insurance - The new business value (NBV) for life and health insurance surged by 46.2% year-on-year, with growth rates improving from 34.9% in Q1 to 39.8% in Q2 [6]. - The agent channel saw a 23.3% increase in new business value, while the bancassurance channel experienced a remarkable growth of 170.9%, highlighting the effectiveness of multi-channel development [6]. Group 5: Investment Performance - The non-annualized comprehensive investment return rate was 5.4%, an increase of approximately 1 percentage point year-on-year, showcasing strong investment performance [7][8]. - The company's ability to maintain investment returns above the industry average in a low-interest-rate environment reflects its effective asset management capabilities [8]. Group 6: Overall Market Sentiment - The company's performance signals a further improvement in fundamentals, indicating a shift from mere stability to significant strengthening [9]. - Analysts have raised the target price for the company's H-shares to 70 Hong Kong dollars, suggesting positive market sentiment and potential for stock price recovery [9].

10月28日下午，中国平安在港交所公告，2025年前三季度，集团实现归属于母公司股东的营运利润 1162.64亿元，同比增长7.2%；归属于母公司股东的净利润1328.56亿元，同比增长11.5%，第三季度当 季同比大幅增长45.4%。 ...

Core Insights - China Ping An reported steady growth in overall performance for the first three quarters of 2025, with a focus on high-quality development in its financial core business [1][2] Financial Performance - The company achieved an operating profit of 116.26 billion yuan, a year-on-year increase of 7.2% [1] - Net profit attributable to shareholders reached 132.86 billion yuan, up 11.5% year-on-year, with a significant quarterly increase of 45.4% [1] - Total revenue for the period was 901.67 billion yuan, reflecting a 4.6% year-on-year growth [1] - As of September 30, 2025, total equity attributable to shareholders was 986.41 billion yuan, a 6.2% increase from the beginning of the year [1] Insurance Business Growth - The life and health insurance segment saw new business value of 35.72 billion yuan, a remarkable growth of 46.2% year-on-year [1] - The new business value rate (based on standard premium) increased by 9.0 percentage points year-on-year [1] - The agency channel's new business value grew by 23.3%, while per capita new business value increased by 29.9% [1] - The bancassurance channel's new business value surged by 170.9%, contributing 35.1% to the new business value of Ping An's life insurance [1] Property Insurance Performance - The property insurance segment reported original insurance premium income of 256.25 billion yuan, a 7.1% year-on-year increase [2] - The overall combined cost ratio improved to 97.0%, a 0.8 percentage point enhancement year-on-year [2] Investment Performance - The investment portfolio of Ping An achieved a non-annualized comprehensive investment return rate of 5.4%, up by 1.0 percentage point year-on-year [2] Banking Operations - Ping An Bank reported a net profit of 38.34 billion yuan for the first three quarters of 2025 [2] - The non-performing loan ratio stood at 1.05%, a slight decrease of 0.01 percentage points from the beginning of the year [2] - The provision coverage ratio was 229.60%, and the core Tier 1 capital adequacy ratio improved to 9.52%, up by 0.40 percentage points [2] Customer Engagement - The comprehensive financial model has established a core competitive barrier, with nearly 250 million personal customers as of September 30, 2025, a 2.9% increase from the beginning of the year [2] - The retention rate for customers holding four or more contracts within the group reached 97.5%, while the retention rate for customers with service time exceeding five years was 94.4% [2] Healthcare and Elderly Care Strategy - Ping An has achieved 100% cooperation coverage with top 100 hospitals and tier-three hospitals in China [3] - Home care services are now available in 85 cities, with nearly 240,000 clients qualifying for home care services [3] - High-quality elderly care community projects have been initiated in five cities [3] Social Responsibility - In the first three quarters of 2025, Ping An's green insurance premium income was 55.28 billion yuan, and it provided 47.39 billion yuan in rural industry support through the "Three Villages Project" [3]

寿险及健康险业务经营持续增长，多渠道高质量发展。2025年前三季度，寿险及健康险业务新业务价值 357.24亿元，同比增长46.2%，新业务价值率(按标准保费)同比上升9.0个百分点。代理人渠道新业务价 值同比增长23.3%，人均新业务价值同比增长29.9%;银保渠道新业务价值同比增长170.9%。银保渠道、 社区金融服务及其他等渠道，贡献了平安寿险新业务价值的35.1%。 综合金融模式构筑核心竞争壁垒，客户经营效率持续提升。截至2025年9月30日，平安个人客户数近 2.50亿，较年初增长2.9%，其中持有集团内4个及以上合同的客户留存率达97.5%，服务时间5年及以上 客户的留存率为94.4%。 医疗养老战略持续落地，差异化优势赋能主业。截至2025年9月30日，平安已实现国内百强医院和三甲 医院100%合作覆盖;居家养老服务覆盖全国85个城市，近24万名客户获得居家养老服务资格，高品质康 养社区项目已在5个城市启动。 履行社会责任，服务绿色发展、乡村振兴。2025年前三季度，平安绿色保险原保险保费收入552.79亿 元，通过"三村工程"提供乡村产业帮扶资金473.90亿元。 财产保险经营业绩稳定增长，业 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 （債券證券代號：5131） 截至2025年9月30日止九個月的未經審計業績公告 中國平安保險（集團）股份有限公司（「平安」或「本公司」）董事會（「董事會」）謹此 宣佈本公司及其附屬公司（「本集團」）截至2025年9月30日止九個月期間（「報告 期」）的未經審計業績（「第三季度業績」）。本公司董事會及其轄下的審計與風險管 理委員會已審閱此第三季度業績。 （於中華人民共和國註冊成立之股份有限公司） 股份代號：2318（港幣櫃台）及82318（人民幣櫃台） 一、主要經營業績 （一）經營業績亮點 2025年前三季度，中國經濟穩中求進，內需潛力釋放、發展韌性增加。面對 複雜的外部環境，中國以高質量發展的確定性應對各種不確定性。公司堅守 金融主業，推動高質量發展，實現整體業績穩健增長。 1 • 集團整體經營顯著向好。2025年前三季度，集團實現歸屬於母公司股東 的營運利潤1,162.64億元，同比增長7.2%。歸屬 ...