Group 1 - The bond market is expected to continue its upward trend due to stable wealth management products, with a net value break rate of only 2% as of the end of August, which is at a multi-year low [1] - The stock market's strong stabilization may soon come to an end, leading to challenges for convertible bonds, with an estimated 200 billion yuan in primary bond funds held by wealth management [1] - The 10-year government bond yield is projected to range between 1.6% and 1.8% in the second half of the year, with potential for rapid movement towards 1.6% if the stock market experiences significant adjustments [1] Group 2 - The Ping An Company Bond ETF (511030) has shown the best performance in controlling drawdowns during the recent bond market adjustment, with the least trading discount and a net inflow of 0.52 million yuan in the past week [2] - The average annualized yield of fixed-income wealth management products exceeded 2% in August, indicating a favorable environment for bond investments [1] - The bond market has experienced adjustments in June and September, but the market outlook for September appears positive following the adjustments in August [1]

本次交易涉及其他关联方：Ping An Asset Management Co., Ltd.。 香港联交所最新数据显示，8月28日，中国平安增持中国太保（601601）(02601)1072.02万股，每股均价 35.6922港元，总金额约为3.83亿港元。增持后最新持股数目约2.23亿股，持股比例为8.02%。 ...

香港联交所最新资料显示，8月28日，中国平安增持中国人寿(02628)4409.5万股，每股均价23.5485港 元，总金额约为10.38亿港元。增持后最新持股数目约为6.19亿股，最新持股比例为8.32%。 本次交易涉及其他关联方：Ping An Asset Management Co., Ltd.、中国平安人寿保险股份有限公司。 ...

Core Viewpoint - On August 28, Ping An increased its stake in China Pacific Insurance (02601) by acquiring 10.7202 million shares at an average price of HKD 35.6922 per share, totaling approximately HKD 383 million [1] Group 1: Transaction Details - The latest shareholding after the transaction is approximately 223 million shares, representing a holding percentage of 8.02% [1] - The transaction involved other related parties, specifically Ping An Asset Management Co., Ltd. [1]

香港联交所最新资料显示，8月28日，中国平安（601318）增持中国人寿（601628）(02628)4409.5万 股，每股均价23.5485港元，总金额约为10.38亿港元。增持后最新持股数目约为6.19亿股，最新持股比 例为8.32%。 本次交易涉及其他关联方：Ping An Asset Management Co.,Ltd.、中国平安人寿保险股份有限公司。 ...

Core Viewpoint - The five major listed insurance companies in A-shares announced their mid-term profit distribution plan, with a total dividend amount of approximately 29.336 billion yuan (including tax) [1][3]. Group 1: Dividend Distribution - The five major listed insurance companies, excluding China Pacific Insurance, announced mid-term dividends, with China Ping An distributing 17.202 billion yuan, China Life 6.727 billion yuan, China Pacific Insurance 3.317 billion yuan, and New China Life 2.090 billion yuan [3][4]. - The total net profit of these five companies reached 178.192 billion yuan in the first half of the year, reflecting a year-on-year growth of 3.7% [3][5]. - The mid-term dividend distribution is seen as "stable and slightly positive," aligning with the companies' profitability while balancing shareholder returns and capital safety [3][4]. Group 2: Dividend Policy and Market Impact - The continuous dividend policy of these companies enhances market confidence and attracts long-term value investors, contributing to their market capitalization management [4]. - High dividends can improve shareholder returns but may restrict internal capital accumulation and potential investment capabilities [5]. - The implementation of new financial instrument standards has increased profit volatility, affecting the stability of dividend policies [5][6]. Group 3: Future Outlook - Despite increased profit volatility due to new financial standards, insurance companies are expected to maintain dividend policy continuity through smoothing mechanisms and adjusting dividend ratios [6]. - The industry is anticipated to focus more on shareholder returns, with a long-term goal of stable growth in per-share dividends [6].

Core Viewpoint - The five major listed insurance companies in A-shares announced a mid-term profit distribution plan, with a total dividend amount of approximately 29.336 billion yuan (including tax) [1][2]. Group 1: Mid-term Dividend Distribution - The five major listed insurance companies, excluding China Pacific Insurance, announced mid-term dividends, with China Ping An distributing 17.202 billion yuan, China Life 6.727 billion yuan, China Pacific Insurance 3.317 billion yuan, and Xinhua Insurance 2.090 billion yuan [2][3]. - The total net profit of these companies reached 178.192 billion yuan in the first half of the year, reflecting a year-on-year growth of 3.7% [2]. Group 2: Importance of Stable Dividends - Stable dividends enhance market confidence and attract long-term value investors, contributing to the companies' market position [3]. - The continuous dividend policy of these companies is seen as a strategy for effective market value management [3]. Group 3: Balancing Dividends and Business Development - High dividends can improve shareholder returns but may restrict internal capital accumulation and investment capacity [4]. - The implementation of new financial instrument standards has increased profit volatility, affecting the stability of dividend policies [4]. Group 4: Future Outlook - Despite increased profit volatility due to new financial standards, companies can maintain dividend policy continuity through smoothing mechanisms and adjusting dividend ratios [5]. - The industry is expected to focus more on shareholder returns, with a long-term goal of stable growth in per-share dividends [5].

Group 1 - The company announced the cancellation of 103 million A-shares repurchased under the 2021 A-share repurchase plan, which will reduce its registered capital and amend the Articles of Association [1] - The company has completed the creditor notification process as required by laws and regulations, and no creditors have requested debt repayment or provided guarantees during the claim period [1] - The company has received approval from the National Financial Supervision Administration for the change in registered capital and submitted the relevant application to the Shanghai Stock Exchange, with the cancellation expected to be completed by September 3, 2025 [1] Group 2 - Following the cancellation, the total share capital will decrease from 18.21 billion shares to 18.11 billion shares, consisting of 10.66 billion A-shares and 7.448 billion H-shares [1]

Core Viewpoint - China Ping An (601318)(02318) announced the cancellation of 103 million A-shares repurchased under the 2021 A-share repurchase plan, which will reduce its registered capital and amend the company's articles of association [1] Group 1 - The 13th Board of Directors' 7th meeting will be held on March 19, 2025, to review the proposal for the cancellation of repurchased A-shares [1] - The annual general meeting for 2024 and the first A and H shareholder meetings for 2025 will take place on May 13, 2025 [1] - The company has completed the creditor notification process as required by laws and regulations, with no claims for debt repayment or guarantees received during the creditor declaration period [1] Group 2 - The company has obtained approval from the National Financial Supervision Administration for the change in registered capital due to the cancellation [1] - The relevant application for the cancellation has been submitted according to the regulations of the Shanghai Stock Exchange [1] - The total number of shares will decrease from 18.21 billion to 18.11 billion, with A-shares at 10.66 billion and H-shares at 7.448 billion after the cancellation is completed on September 3, 2025 [1]

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。 本公司已按照法律法規及本公司公司章程等相關規定就本次註銷履行了債權人通知程序， 於相關債權申報期間，本公司未收到債權人向本公司提出清償債務或者提供相應擔保的要 求。 本公司已就本次註銷導致的減少註冊資本事宜取得《國家金融監督管理總局關於中國平安 保險（集團）股份有限公司變更註冊資本的批復》（金復〔2025〕521 號），並已根據上 海證券交易所的有關規定遞交本次註銷的相關申請，上述 102,592,612 股 A 股股份預計將 於 2025 年 9 月 3 日完成註銷。於本次註銷完成日，本公司股本總數將由 18,210,234,607 股 變更為 18,107,641,995 股，其中 A 股 10,660,065,083 股，H 股 7,447,576,912 股。 實施已回購 A 股股份註銷暨股本變動 茲提述(i) 中國平安保險（集團）股份有限公司（「本公司」）日期為 2021 年 8 月 26 日 ...