Core Viewpoint - The company emphasizes that 2026 will be the "Service Year," focusing on three main value directions: customer experience, customer safety, and customer health [1][8][19]. Group 1: Customer Experience Value - The company aims to reshape service for customer experience by creating an AI service entry that is "worry-free, time-saving, and cost-effective." The personal customer base has reached 251 million, which is viewed as a significant trust and asset [1][8][19]. - The plan includes a unified "quick service" entry for various services such as investment management, account management, insurance claims, and elder care, ensuring a one-stop solution from online to offline [1][8][19]. - The collaboration of "human + AI" is intended to empower every employee to become a professional financial advisor, health consultant, and elder care manager, addressing comprehensive customer needs [1][8][19]. Group 2: Customer Safety Value - The company is building a global emergency rescue service system, leveraging over 30 years of experience in emergency services. This includes a 3A service system (Anytime, Anywhere, Anything) with 24/7 intelligent dispatch and rapid response capabilities [2][9][20]. - The goal is to transform emergency rescue services from a contractual obligation into a reliable lifestyle, ensuring customers can receive assistance anytime and anywhere [2][9][20]. Group 3: Customer Health Value - The company has developed a unique "Four Arrivals" healthcare and elder care service network, which includes services that reach patients at various locations: online, in hospitals, at home, and at enterprises [3][10][21]. - The network encompasses over 5 million medical resources, more than 1,300 overseas medical institutions, and over 37,000 domestic hospitals for claims services, ensuring comprehensive healthcare access [3][10][21]. - Plans are in place to launch a "Dignity in Life Guarantee Service Action Plan," expanding services to ensure dignity in the final stages of life, focusing on providing certainty and dignity for the elderly [10][21][22]. Group 4: Financial Performance - The company reported an operating profit of 134.415 billion yuan, a year-on-year increase of 10.3%, and a net profit attributable to shareholders of 43.773 billion yuan, up 22.5% [6][17]. - The net assets of the company have surpassed 1 trillion yuan, reaching 1,000.419 billion yuan, with a cash dividend payout of 77.5 billion yuan over 18 years, maintaining a stable cash dividend ratio of 68.9% [6][17]. - The company has seen a 29.3% year-on-year growth in new business value, with a comprehensive investment return rate of 6.3%, an increase of 0.5 percentage points [6][17]. Group 5: Strategic Outlook - The company is committed to deepening its "comprehensive finance + healthcare and elder care" strategy, aiming for high-value growth and service innovation while adhering to compliance and risk management [11][22]. - The upcoming "Service Year" is viewed as an opportunity to enhance service systems and operational levels, aligning with the long-term positive trends in the economy and the growing demand for healthcare and elder care services [11][22].

Core Insights - In 2025, the company demonstrated strong overall performance with significant growth in operational profit and net profit, alongside a notable increase in total revenue and shareholder equity [1] Group 1: Financial Performance - The operating profit attributable to shareholders reached 134.415 billion yuan, a year-on-year increase of 10.3% [1] - The net profit attributable to shareholders, excluding non-recurring items, was 143.773 billion yuan, up 22.5% year-on-year [1] - Total revenue amounted to 1,050.506 billion yuan, reflecting a 2.1% increase year-on-year [1] - Shareholder equity surpassed 1 trillion yuan for the first time, reaching 1,000.419 billion yuan, a growth of 7.7% from the beginning of the year [1] Group 2: Dividend Policy - The proposed cash dividend for the end of 2025 is 1.75 yuan per share, with an annual cash dividend of 2.70 yuan per share, representing a year-on-year growth of 5.9% [2] - The total cash dividend amounts to 48.891 billion yuan, with a cash dividend ratio based on operating profit of 36.4% [2] Group 3: Insurance Business Growth - The new business value for life and health insurance reached 36.897 billion yuan, a year-on-year increase of 29.3%, with a new business value rate of 28.5%, up 5.8 percentage points [3] - The agent channel's new business value grew by 10.4%, while the average new business value per agent increased by 17.2% [3] - The bank insurance channel's new business value surged by 138.0%, contributing significantly to the overall new business value [3] Group 4: Property Insurance Performance - The gross premium income from property insurance was 343.168 billion yuan, a year-on-year increase of 6.6% [4] - Insurance service income reached 338.912 billion yuan, up 3.3% year-on-year, with a comprehensive cost ratio of 96.8%, improving by 1.5 percentage points [4] - The net cash inflow from operating activities grew by 48.3%, indicating a significant increase in liquidity [4] Group 5: Investment Performance - The investment portfolio of insurance funds reached 6.49 trillion yuan, a growth of 13.2% from the beginning of the year [5] - The comprehensive investment return rate was 6.3%, an increase of 0.5 percentage points year-on-year [5] Group 6: Banking Operations - The net profit from banking operations was 42.633 billion yuan, with a non-performing loan ratio of 1.05% and a provision coverage ratio of 220.88% [6] - The core Tier 1 capital adequacy ratio improved to 9.36%, up 0.24 percentage points from the beginning of the year [6] Group 7: Customer Engagement - The number of individual customers reached 251 million, a growth of 3.5% from the beginning of the year [7] - The average monthly active online customer count was approximately 90 million, leading the industry [7] Group 8: Healthcare and Elderly Care Strategy - The company achieved 100% coverage in partnerships with top hospitals and AI+ real doctors for all individual customers [8] - The company launched high-quality elderly care community projects in five cities, with one project already in operation [8] Group 9: Social Responsibility and Sustainability - The company has invested over 10.88 trillion yuan to support the real economy, with green investment scale reaching 530.087 billion yuan [9] - The company was rated AAA by MSCI ESG and ranked first in the Asia-Pacific region for comprehensive insurance and brokerage [9] Group 10: Brand Value - The company improved its ranking in the Fortune Global 500 to 47th and ranked 9th among global financial companies [10] - It was also ranked 13th in the Fortune China 500 and 1st among Chinese insurance companies in the Forbes Global 2000 [10]

转自：新华财经 新华财经上海3月26日电（记者 王淑娟）最新财报数据显示，2025年中国平安实现归属于母公司股东的 营运利润1344.15亿元，同比增长10.3%。归属于母公司股东的扣非净利润1437.73亿元，同比增长 22.5%。值得关注的是，中国平安持续深化"综合金融+医疗养老"战略，医疗养老差异化赋能金融主 业，已加速成为第二增长曲线。 自营康养社区方面，平安臻颐年高品质康养社区项目已布局5个城市，共计6个项目，其中，上海颐年城 •静安8号已正式运营，深圳颐年城•福田已投入试运营。合作康养社区方面，逸享城佛山体验展示中心 启动试运营，后续将在新一线城市布局。 编辑：林郑宏 财报显示，2025年，中国平安的医疗养老生态有效推动客户加保率及件均保费提升，2025年使用医养服 务的客户加保率提升4个百分点；医疗健康权益客户寿险新单件均提升至1.5倍；居家养老权益客户寿险 新单件均提升至5.2倍；高品质养老权益客户寿险新单件均提升至23.4倍。平安集团医疗养老生态圈自有 旗舰北大医疗集团营业收入持续增长，2025年达57.23亿元；平安健康打造中国特色的管理式医疗模 式，建立差异化优势，2025年实现营业收入 ...

3月26日金融一线消息，中国平安公布2025年全年业绩。中国平安表示，截至2025年末，集团个人客户 数2.51亿，较年初增长3.5%；2025年线上月均活跃客户数约9，000万，领先同业；持有集团内3类及以 上产品的客户留存率99%。 责任编辑：王馨茹 3月26日金融一线消息，中国平安公布2025年全年业绩。中国平安表示，截至2025年末，集团个人客户 数2.51亿，较年初增长3.5%；2025年线上月均活跃客户数约9，000万，领先同业；持有集团内3类及以 上产品的客户留存率99%。 责任编辑：王馨茹 ...

Core Insights - China Ping An announced its full-year performance for 2025, emphasizing its commitment to social responsibility and support for green development and rural revitalization [1][2] Financial Performance - The company has invested over 10.88 trillion yuan to support the development of the real economy [1][2] - By the end of 2025, the scale of green investments from insurance funds is projected to reach 530.87 billion yuan, with a green loan balance of 266.43 billion yuan [1][2] - In 2025, the original insurance premium income from green insurance is expected to be 76.474 billion yuan, and the company will provide 57.148 billion yuan in support for rural industries [1][2] ESG and Sustainability - The company's MSCI ESG rating has been upgraded to AAA, maintaining the top position in the Asia-Pacific region for "comprehensive insurance and brokerage" for four consecutive years [1][2] - China Ping An has been included in the S&P Global "Sustainability Yearbook (China Edition) 2025," being the only insurance company from mainland China to be selected [1][2]

格隆汇3月26日丨中国平安(02318.HK)公布，谨定于2026年4月28日(星期二)举行董事会会议，以考虑及 通过集团截至2026年3月31日止三个月的第一季度业绩，以及处理任何其他事项。 ...

Core Viewpoint - China Ping An reported strong financial performance for the year 2025, with significant growth in profits and shareholder returns, indicating a robust operational strategy and market position [1][11]. Financial Performance - The operating profit attributable to shareholders reached 134.415 billion RMB, a year-on-year increase of 10.3% [1][15]. - The net profit attributable to shareholders, excluding non-recurring items, was 143.773 billion RMB, reflecting a 22.5% year-on-year growth [1][15]. - Shareholder equity surpassed 1 trillion RMB for the first time, totaling 1,000.419 billion RMB, up 7.7% from the beginning of the year [1][15]. Shareholder Returns - The company proposed a final cash dividend of 1.75 RMB per share for 2025, marking a 5.9% increase year-on-year [3][15]. - The total cash dividend for the year amounted to 48.891 billion RMB, continuing a streak of 14 consecutive years of increases [1][15]. Business Growth - The new business value in life and health insurance reached 36.897 billion RMB, with a year-on-year growth of 29.3%, maintaining double-digit growth for three consecutive years [1][17]. - The number of personal customers increased to 251 million, a growth of 3.5% from the beginning of the year [3][17]. Investment Performance - The comprehensive investment return rate was 6.3%, the best in the last five years [6][18]. - The insurance fund investment portfolio grew to 6.49 trillion RMB, a 13.2% increase from the start of the year [5][18]. Operational Efficiency - The overall combined cost ratio improved to 96.8%, a reduction of 1.5 percentage points year-on-year [5][18]. - The company achieved a net profit of 42.633 billion RMB with a non-performing loan ratio of 1.05% [7][18]. Strategic Initiatives - The health insurance premium income reached approximately 159 billion RMB, with medical insurance contributing around 73.4 billion RMB [19]. - The company is enhancing its healthcare services, with a focus on home care and medical services, which are becoming a second growth curve [19]. Technological Advancements - The company has developed over 70,000 intelligent applications, utilizing AI to enhance customer service and operational efficiency [20]. - AI-assisted sales reached at least 133.179 billion RMB, demonstrating the effectiveness of technology in driving sales [20]. Social Responsibility - The company has invested over 10.88 trillion RMB to support the real economy and has a green investment scale of 530.087 billion RMB [20][21]. - Ping An's MSCI ESG rating has improved to AAA, ranking first in the Asia-Pacific region for four consecutive years in the comprehensive insurance and brokerage sector [21].

Core Insights - China Ping An reported its full-year performance for 2025, highlighting continuous growth in property insurance business and steady improvement in operational efficiency [1][2] Financial Performance - Original insurance premium income reached 343.168 billion yuan, representing a year-on-year increase of 6.6% [1][2] - Insurance service income amounted to 338.912 billion yuan, with a year-on-year growth of 3.3% [1][2] - Overall comprehensive cost ratio stood at 96.8%, improving by 1.5 percentage points year-on-year, indicating sustained profitability [1][2] - The comprehensive cost ratio for auto insurance was 95.8%, which improved by 2.3 percentage points year-on-year, consistently outperforming the market average [1][2] Cash Flow and Investment - Net cash inflow from operating activities increased by 48.3% year-on-year, significantly enhancing liquidity [1][2] - Driven by premium cash flow, the investment scale (excluding sold repurchased financial assets) grew by 12.1% compared to the beginning of the year [1][2]

Core Viewpoint - China Ping An reported its full-year performance for 2025, highlighting significant growth in investment portfolio and returns [1] Group 1: Financial Performance - The investment portfolio size reached 6.49 trillion yuan, representing a 13.2% increase from the beginning of the year [1] - The comprehensive investment return rate was 6.3%, an increase of 0.5 percentage points year-on-year [1] - The average net investment return rate over the past 10 years was 4.8%, while the average comprehensive investment return rate was 4.9%, exceeding the long-term investment return assumptions based on intrinsic value [1]

中國平安保險（集團）股份有限公司（「本公司」及其附屬公司「本集團」）董事會（「董 事會」）兹通告謹定於二零二六年四月二十八日（星期二）舉行董事會會議，以考慮及 通過本集團截至二零二六年三月三十一日止三個月之第一季度業績，以及處理任何其他 事項。 承董事會命 盛瑞生 公司秘書 董事會召開日期 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份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中國深圳，2026年3月26日 於本公告日期，本公司的執行董事為馬明哲、謝永林、郭曉濤、付欣及蔡方方；非執行董事為謝吉 人、楊小平、何建鋒及蔡潯；獨立非執行董事為吳港平、金李、王廣謙、洪小源、宋獻中及陳曉峰。 ...