FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： Prudential plc 保誠有限公司* (* 僅供識別) 呈交日期： 2026年2月5日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | | 證券代號 (如上市) | 02378 | 說明 | 普通股每股0.05英鎊 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包 ...

Core Viewpoint - CITIC Prudential Fund emphasizes a dual-driven approach combining fundamentals and quantitative analysis to achieve logical investment strategies Product Performance Overview - CITIC Prudential Zhongzheng 800 Nonferrous A (165520.OF) achieved a fund return of 92.97% for 2025, compared to a benchmark return of 91.47% [1] - CITIC Prudential Zhongzheng 500 A (165511.OF) reported a fund return of 29.27% for 2025, with a benchmark return of 28.8% [2] - CITIC Prudential HuShen 300 A (165515.OF) recorded a fund return of 20.48% for 2025, surpassing the benchmark return of 16.79% [2] - CITIC Prudential Zhongzheng 800 Pharmaceutical A (165519.OF) achieved a fund return of 14.59% for 2025, compared to a benchmark return of 10.86% [2] - CITIC Prudential Zhongzheng 800 Financial A (165521.OF) reported a fund return of 10.34% for 2025, with a benchmark return of 7.53% [3] Investment Strategy - The company employs a systematic quantitative research framework and a rigorous risk control mechanism to ensure the sustainability and execution of strategies [20] - The investment strategy is based on a combination of traditional factors (financials, valuations, analyst expectations) and advanced techniques like deep learning and natural language processing to analyze alternative data [15][16] - The company has accumulated over 300 factors covering various dimensions, continuously iterating and updating its factor system [21] Product Types - The fund offers a complete matrix of quantitative tools ranging from passive allocation to active enhancement, catering to diverse asset allocation and industry rotation needs [23] - Passive index products are designed to closely track indices with clear styles and low fees, serving as efficient tools for asset allocation [25] - Enhanced index products aim to achieve stable excess returns through multi-factor stock selection and portfolio optimization [27] - "Quantitative +" strategy products combine fixed income and multi-strategy allocations to create products with different risk-return characteristics [29] Team and Expertise - The quantitative investment team possesses a strong mathematical finance background and extensive practical experience, focusing on a systematic process that integrates research and investment [31] - The team emphasizes interdisciplinary collaboration to drive continuous innovation in modeling [37]

Core Insights - Prudential Financial, Inc. (PRU) reported fourth-quarter 2025 adjusted operating income of $3.30 per share, missing the Zacks Consensus Estimate by 2%, but reflecting an 11.5% year-over-year increase [1][10] - Total revenues reached $14.52 billion, marking an 11.6% year-over-year increase, driven by higher premiums, net investment income, and asset management fees, surpassing the Zacks Consensus Estimate by 6% [2][10] - Total benefits and expenses amounted to $13 billion, up 11.8% year over year, primarily due to increased insurance and annuity benefits and interest credited to policyholders [3] Operational Update - Prudential Global Investment Management (PGIM) reported adjusted operating income of $249 million, a decrease of 3.8% year over year, attributed to higher expenses and lower revenues from seed and co-investment income, partially offset by increased asset management fees [4] - PGIM's assets under management increased by 7% year over year to $1.466 trillion, driven by equity market and fixed income appreciation [5] - The U.S. Businesses segment delivered an adjusted operating income of $1 billion, up 22% year over year, due to favorable underwriting results and lower expenses, despite a decline in net fee income [5] - International Businesses reported adjusted operating income of $757 million, a 2% year-over-year increase, supported by improved net investment spread results [6] - Corporate and Other segment incurred an adjusted operating loss of $552 million, wider than the previous year's loss, primarily due to increased expenses [7] Capital Deployment - Prudential Financial returned $730 million to shareholders through share repurchases of $250 million and dividends of $480 million in the fourth quarter [8] - The board authorized a 4% increase in the quarterly cash dividend to $1.40 per share, marking the 18th consecutive year of dividend increases [9] Financial Update - As of December 31, 2025, cash and cash equivalents stood at $19.7 billion, a 6.5% increase from the end of 2024, while total debt increased by 0.7% to $20.3 billion [11] - Assets under management and administration rose by 7% year over year to $1.8 trillion, with adjusted book value per common share increasing by 4.5% to $100.17 [11] - Operating return on average equity improved by 110 basis points year over year to 13.3% [12] Full-Year Update - For the full year 2025, adjusted operating income was $14.43 per share, a 14.3% increase from 2023, although it missed the Zacks Consensus Estimate by 0.4% [13] - Total revenues for the year were $57.6 billion, a 15% decrease from 2024, but still beating the Zacks Consensus Estimate by 0.9% [13]

但转折点出现在2022年，其业绩急转直下，净利润骤降至9.4亿元，风险综合评级也罕见降至BBB级； 2023年由盈转亏，净亏损8.27亿元；2024年亏损进一步扩大，保险业务收入同比下滑5.12%至299.66亿 元，净亏损增至17.65亿元。 1月30日，中信保诚人寿发布2025年第四季度偿付能力报告摘要。数据显示，2025年该公司实现净利润 50亿元，创成立以来新高；保险业务收入达337亿元，同比增长12%，一举扭转此前连续两年亏损的局 面。 然而，业绩"大翻身"背后，2025年逐季度递增的退保率与合规风波不断，引发业内对其增长可持续性的 担忧。 业绩扭亏为盈，投资端"功不可没" 中信保诚人寿相关负责人介绍，面对过去一年复杂多变的市场环境，公司持续优化业务结构，升级资产 配置，实现质量与效益协同增长。在负债端，积极推动产品转型，加大浮动收益型及养老产品布局；在 资产端，秉持长期投资理念，充分发挥保险资金"耐心资本"优势，截至2025年末，该公司旗下中信保诚 资产管理公司资产管理规模已近3800亿元，为利润增长提供了坚实基础。 中信保诚人寿2025年第四季度偿付能力报告摘要截图。 偿付能力报告摘要显示，20 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2026年1月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | Prudential plc 保誠有限公司* (* 僅供識別) | | | | 呈交日期: | 2026年2月4日 | | | | I. 法定/註冊股本變動 | 不適用 | | | | 備註： | | | | | 保誠有限公司（「本公司」）並沒有法定股本。 | | | | FF301 第 1 頁 共 12 頁 v 1.2.0 FF301 本月內因行使期權所得資金總額： GBP 161,239.98 備註： II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02378 | 說明 | 普通股每股0.0 ...

相关事件 保诚(02378.HK)2月3日耗资321.2万英镑回购26.51万股 保诚(02378.HK)2月2日耗资381.24万英镑回购 31.71万股 格隆汇2月4日丨保诚(02378.HK)发布公告，2026年2月3日耗资321.2万英镑回购26.51万股，每股回购价 12.005-12.235英镑。 ...

智通财经APP讯，保诚(02378)发布公告，于2026年2月3日斥资321.2万英镑回购26.5万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： Prudential plc 保誠有限公司* (* 僅供識別) 呈交日期： 2026年2月4日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) | 02378 | 說明 | 普通股每股0.05英鎊 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫 ...

Core Insights - Prudential Financial, Inc. reported a significant increase in net income for 2025, reaching $3.576 billion or $9.99 per share, compared to $2.727 billion or $7.50 per share in 2024, indicating a strong financial performance [5][6][7] - The company emphasized its commitment to customer trust and announced a voluntary 90-day suspension of new sales in Japan to address employee misconduct issues [4][6] Financial Performance - The total net income for the fourth quarter of 2025 was $905 million or $2.55 per share, a recovery from a net loss of $57 million or $0.17 per share in the same quarter of 2024 [7][5] - After-tax adjusted operating income for 2025 was $5.161 billion or $14.43 per share, up from $4.588 billion or $12.62 per share in 2024 [5][6] - Book value per common share increased to $92.05 from $77.62 year-over-year, while adjusted book value per common share rose to $100.17 from $95.82 [5][6] Business Segments - PGIM, Prudential's global investment management business, reported adjusted operating income of $249 million for Q4 2025, down from $259 million in the previous year, primarily due to higher expenses [9][10] - U.S. Businesses achieved adjusted operating income of $1.051 billion in Q4 2025, an increase from $860 million in Q4 2024, driven by higher net investment spread results and favorable underwriting [11][12] - International Businesses reported adjusted operating income of $757 million for Q4 2025, up from $742 million in the prior year, reflecting improved underwriting results [18][19] Capital Management - Prudential returned nearly $3 billion in capital to shareholders in 2025, with $730 million returned in Q4 alone, including $250 million in share repurchases and $480 million in dividends [3][5] - The company declared a quarterly dividend of $1.40 per common share, marking a 4% increase from the previous year and the 18th consecutive year of dividend increases [5][6] Market Position - Prudential's assets under management reached $1.609 trillion, up from $1.512 trillion year-over-year, indicating strong growth in the asset management sector [5][10] - The company highlighted its strategic focus on retirement markets, benefiting from global secular tailwinds driving growth [3][4]

瑞财经发布的"2025年度寿险行业十大杰出人物"榜单上，中信保诚人寿董事长李存强入选了。 出生于1964年的李存强，现年已经62岁，但依然精力十足，综合能力备受市场认可。 来源：银瑞社 | 公司名称:中值保诚人寿保险有限公司 | 2025-12-31 | | 单位:亿元 | | --- | --- | --- | --- | | 指标名称 | | 本季度数 | 本年度累计数 | | 四、主要经营指标 | | | | | (一)保险业务收入(亿元) | | રેક | 337 | | (二)净利润(亿元) | | 18 | 50 | | (三)总资产(亿元) | | 2,702 | 2,702 | | (四)净资产(亿元) | | 144 | 144 | | (五)保险合同负债(亿元) | | 2.456 | 2.456 | | (六)基本每股收益 | | <不适用> | <不适用> | | (七) 净资产收益率 | | 11.52% | 37.96% | | (八)总资产收益率 | | 0.68% | 1.88% | | (九) 投资收益率 | | 0.65% | 4.83% | | (十)综合投资收益率 | ...