自愿参与本公司 2026 年度长期服务计划的员工共 71,374 人，参与资金总额合 计人民币 403,245 万元，来源于员工应付薪酬额度。其中，本公司的董事、监事、 高级管理人员与其他员工在 2026 年度长期服务计划中的参与情况如下： | 持有人 | | 资金总额 | 占 年度长期服务 2026 | | --- | --- | --- | --- | | | | （人民币万元） | 计划的比例（%） | | 董事、监事及高级管理人员 | * | 10,285 | 2.55 | | 其他员工 | | 392,960 | 97.45 | | 合计 | | 403,245 | 100.00 | 证券代码：601318 证券简称：中国平安 公告编号：临 2026-009 中国平安保险（集团）股份有限公司 关于 2026 年度长期服务计划实施方案的公告 中国平安保险（集团）股份有限公司（以下简称"本公司"）董事会及全体董事保 证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实 性、准确性和完整性承担法律责任。 本公司于 2026 年 3 月 26 日召开第十三届董事会第十三次会议审议通过了《 ...

中国平安保险(集团)股份有限公司 (在中华人民共和国注册成立) 已审财务报表 2025年度 目录 | | | 页码 | | --- | --- | --- | | 一、 | 审计报告 | 1-7 | | 二、 | 已审财务报表 | | | | 合并资产负债表 | 8-10 | | | 合并利润表 | 11-12 | | | 合并股东权益变动表 | 13-14 | | | 合并现金流量表 | 15-16 | | | 公司资产负债表 | 17 | | | 公司利润表 | 18 | | | 公司股东权益变动表 | 19-20 | | | 公司现金流量表 | 21 | | | 财务报表附注 | 22-189 | 附录：财务报表补充资料 | 1. | 非经常性损益表 | A-1 | | --- | --- | --- | | 2. | 中国会计准则与国际财务报告准则编报差异调节表 | A-2 | | 3. | 净资产收益率和每股收益 | A-3 | 审计报告 安永华明（2026）审字第70008883_A01号 中国平安保险（集团）股份有限公司 中国平安保险（集团）股份有限公司全体股东： 一、审计意见 我们审计了中国平 ...

报告开篇 | 报告说明 | 02 | | --- | --- | | 关于平安 | 03 | | 年度成绩与认可 | 04 | C目录ontents 01 可持续的战略管理 | 战略规划 | 10 | | --- | --- | | 治理体系 | 14 | | 重要性评估 | 16 | | 利益相关方沟通 | 20 | | ESG风险管理 | 22 | 03 可持续的运营与社区 | 乡村振兴与社区影响力 | 62 | | --- | --- | | 可持续供应链 | 78 | | 消费者保护与体验 | 80 | | 员工及代理人发展与保障 | 85 | 05 可持续的治理 | 公司治理 | 123 | | --- | --- | | 商业守则 | 127 | | 信息安全与AI治理 | 131 | 02 可持续的业务 | 助力实体经济 | 25 | | --- | --- | | 可持续保险 | 32 | | 负责任银行 | 39 | | 负责任投资 | 45 | | 负责任产品 | 53 | | 科技创新 | 58 | 04 可持续的自然 | 气候变化与碳中和 | 101 | | --- | --- | | ...

2025年业绩报告 高值增长，服务创新 2026年 3 月 有关前瞻性陈述之提示声明 除历史事实陈述外，本演示材料中包括了某些"前瞻性陈述"。所有本公司预计或期待未来可能发生的(包括但不限于)预测、目标、 估计及经营计划都属于前瞻性陈述。某些字词，例如「潜在」、「估计」、「预期」、「预计」、「目的」、「有意」、「计 划」、「相信」、「将」、「可能」、「应该」，以及这些字词的其他组合及类似措辞，均显示相关文字为前瞻性陈述。 前瞻性陈述涉及一些通常或特别的已知和未知的风险与不明朗因素。读者务请注意这些因素，其大部分不受本公司控制，影响着 公司的表现、运作及实际业绩。受上述因素的影响，本公司未来的实际结果可能会与这些前瞻性陈述出现重大差异。这些因素包 括但不限于：汇率变动、市场份额、同业竞争、环境风险、法律、财政和监管变化、国际经济和金融市场条件及其他非本公司可 控制的风险和因素。本报告中的前瞻性描述不构成本公司对投资者的实质性承诺，投资者及相关人士均应当对此保持足够的风险 认识，并且应当理解计划、预测等前瞻性描述与承诺之间的差异。任何人需审慎考虑上述及其他因素，并不可完全依赖本公司的 "前瞻性陈述"，且应注意投资 ...

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。 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作出。 茲載列中國平安保險（集團）股份有限公司在上海證券交易所網站刊登的根 據中國會計準則編制的「中國平安保險（集團）股份有限公司2025年年度報 告摘要」，僅供參閱。 承董事會命 盛瑞生 公司秘書 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。 2025年年度报告摘要 （股票代码：601318） 二〇二六年三月二十六日 2025 年年度报告摘要 一、重要提示 1.5 公司简介 | 股票简称 | 中国平安 | | | --- | --- | --- | | 股票代码 | H A 股：601318 | 股：02318（港币柜台） | | | | 82318（人民币 ...

Macro Dynamics - By the end of 2025, China's banking sector is projected to have foreign financial assets of $19,775 billion and foreign liabilities of $14,110 billion, resulting in a net foreign asset of $5,665 billion [2] - The net liabilities in RMB amount to $1,436 billion, while net assets in foreign currencies total $7,101 billion [2] Investment Trends - Recent visits by global executives from multinational companies to China indicate that investing in China has shifted from an optional strategy to a necessary one for global development [3] - The Chinese economy is recognized for its resilience, innovation, and large market advantages, making it an attractive destination for investment [3] Market Regulation - The State Administration for Market Regulation held a meeting focusing on fair competition among enterprises, emphasizing the need for regulatory enforcement against monopolistic practices and support for companies to expand internationally [5] Technology Development - The Chinese Academy of Sciences announced significant advancements in RISC-V technology, launching the next generation of open-source chips and systems, which are crucial for developing controllable computing power [6] - The "Kunming Lake" joint research plan aims to enhance performance, reduce power consumption, and improve security in chip technology [6] Housing Policy - Several cities in Guangdong have recently adjusted housing provident fund policies to increase loan limits and support families with multiple children, as well as those purchasing green or prefabricated buildings [7] Tourism Sector - Domestic tourism bookings for the upcoming Qingming Festival have surged, with ticket reservations for scenic spots increasing by over 70% compared to the previous year [8] Financial Performance - China Ping An reported an operating profit of 134.415 billion yuan for 2025, a year-on-year increase of 10.3%, with a net profit of 143.773 billion yuan, up 22.5% [10] - China Pacific Insurance announced a net profit of 53.505 billion yuan for 2025, reflecting a 19% increase year-on-year [11] - New Strong Union reported a staggering 1,151.44% increase in net profit for 2025, amounting to 818 million yuan [22] - Meituan's revenue for 2025 grew by 8.1% to 364.9 billion yuan, but it faced a significant loss of 23.4 billion yuan due to intensified competition [23] - Gigabit's net profit increased by 89.82% in 2025, reaching 1.794 billion yuan, with a proposed cash dividend of 70 yuan per 10 shares [24]

Core Insights - China Ping An reported strong growth in its 2025 annual performance, highlighting a resilient and sustainable business model driven by its "comprehensive finance + healthcare and elderly care" strategy [1][3] Financial Performance - The operating profit attributable to shareholders reached 134.415 billion yuan, a year-on-year increase of 10.3% - The net profit attributable to shareholders after deducting non-recurring items was 143.773 billion yuan, up 22.5% year-on-year - Total revenue amounted to 1,050.506 billion yuan, reflecting a 2.1% year-on-year growth - Shareholder equity surpassed 1 trillion yuan for the first time, reaching 1,000.419 billion yuan, a 7.7% increase from the beginning of the year [3][4] Cash Dividends - Cash dividends totaled 48.891 billion yuan, marking a continuous increase for 14 years - The proposed final dividend for 2025 is 1.75 yuan per share, with an annual dividend of 2.70 yuan per share, representing a 5.9% year-on-year growth - The cash dividend payout ratio based on operating profit is 36.4% [3] Asset Growth - Total assets reached 13.889 trillion yuan, an increase of nearly 1 trillion yuan compared to the previous year - Despite the growth in operating profit, there remains a gap compared to 2022 (146.9 billion yuan) and 2021 (147.9 billion yuan) [4] Business Segment Performance - The life and health insurance segment showed growth, with new business value at 36.897 billion yuan, a 29.3% increase year-on-year - The new business value rate (based on standard premiums) was 28.5%, up 5.8 percentage points year-on-year - The agent channel's new business value grew by 10.4%, while the bank insurance channel saw a significant increase of 138.0% [5] Property Insurance - The property insurance segment reported original insurance premium income of 343.168 billion yuan, a 6.6% increase year-on-year - The overall combined cost ratio improved to 96.8%, a 1.5 percentage point optimization year-on-year [6] Banking Sector Challenges - Ping An Bank's revenue was 131.442 billion yuan, down 10.4% year-on-year, with net profit at 42.633 billion yuan, a decrease of 4.2% - The non-performing loan ratio remained stable at 1.05%, with a provision coverage ratio of 220.88% [6] Healthcare and Elderly Care Strategy - The healthcare and elderly care strategy has shown progress, with partnerships covering 100% of top hospitals and a significant number of clients receiving home care services - The company aims to enhance customer experience through AI-driven service upgrades, creating a unified service entry point for various needs [7][8]

Core Insights - China Ping An Insurance (Group) Co., Ltd. reported a 10.3% year-on-year increase in operating profit to CNY 134.415 billion for the year 2025, with a 22.5% increase in net profit attributable to shareholders, reaching CNY 143.773 billion [1][3] - The company announced a final dividend of CNY 1.75 per share, totaling CNY 48.891 billion in cash dividends, marking 14 consecutive years of dividend growth [1] Life and Health Insurance Business - The new business value for life and health insurance grew by 29.3% to CNY 36.897 billion in 2025, with agent channel new business value increasing by 10.4% and bank insurance channel new business value soaring by 138.0% [3] - The contribution from bank insurance, community financial services, and other channels to new business value increased by 12.1 percentage points year-on-year [3] - The number of customers using medical and elderly care services reached 18.298 million, with a 13-month policy continuation rate of 97.4%, up by 1.0 percentage points [3] Property and Casualty Insurance - The property and casualty insurance segment reported a premium income of CNY 343.168 billion, a 6.6% increase, while insurance service income rose by 3.3% to CNY 338.912 billion [3] - The overall combined cost ratio improved by 1.5 percentage points to 96.8%, with the auto insurance combined cost ratio improving by 2.3% to 95.8% [3] - The segment provided risk protection for 2.93 million small and micro enterprises, covering CNY 37.304 trillion in risks [3] Investment Performance - As of the end of 2025, the investment portfolio of insurance funds reached CNY 6.49 trillion, a 13.2% increase from the beginning of the year, with a comprehensive investment return rate of 6.3%, up by 0.5 percentage points [4] - The asset allocation included 55.0% in bonds, 14.8% in stocks, and 4.4% in equity funds, with 99.9% of corporate bonds rated AAA or above [4] Healthcare and Elderly Care Strategy - The company has been intensifying its healthcare and elderly care strategy, aiming to create an upgraded version of a managed healthcare model and become a leading operator in the elderly care ecosystem in China [5] Health Insurance and Technology Integration - In 2025, health insurance premium income reached CNY 159 billion, with medical insurance premium income close to CNY 73.4 billion, reflecting a 2.7% year-on-year growth [6] - The company launched various AI-driven products, including digital health assistants and AI doctors, covering over 11,300 diseases with a diagnostic accuracy rate of 95.1% [6]

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。 ...

Market Overview - The A-share market experienced a collective decline on March 26, with the Shanghai Composite Index falling by 1.09%, the Shenzhen Component Index by 1.41%, and the ChiNext Index by 1.34%. The total trading volume across the three markets was 1.957 trillion yuan, a decrease of 235.9 billion yuan from the previous day, with over 4,400 stocks declining [14][19]. Geopolitical Impact - The ongoing conflict in the Middle East, particularly the tensions between Iran and Israel, has led to fluctuations in global risk assets. Reports indicate that Iran has launched missile strikes against Israel, contributing to rising oil prices, with Brent crude exceeding $101.40 per barrel [5][19]. - The International Monetary Fund (IMF) is assessing the potential financing needs of countries heavily reliant on imports and with high debt levels due to the ongoing conflict [4]. Sector Performance - The lithium battery sector showed resilience, with stocks like Rongjie Co. achieving a three-day limit-up due to supply disruptions from Zimbabwe's lithium ore export ban and strong annual report growth [14][21]. - The power sector also saw a rebound, with companies like Huadian Energy and Xineng Taishan hitting their daily limit due to favorable market conditions and government support for clean energy projects [14][22]. Technology Developments - Google has introduced a new compression algorithm, TurboQuant, which significantly reduces memory usage for AI models by six times and increases processing speed by eight times without precision loss. This advancement may negatively impact the demand for storage chips, which had seen prices surge recently [11][12]. Investment Trends - Analysts suggest that the A-share market is undergoing a "high cut low" rebalancing, with technology and resource sectors currently at high positions. The shift in investment strategy is expected due to rising oil prices and a strengthening dollar, leading to a tightening liquidity environment [9][18]. - The market is also witnessing a trend towards new energy and AI-related investments, with significant capital inflows into sectors like AI computing and electric power [8][9].