Core Viewpoint - China Pacific Insurance (601601) plans to issue HKD 15.556 billion in convertible bonds, which can be converted into H-shares under specified terms and conditions [1] Summary by Relevant Sections Convertible Bonds Issuance - The company intends to issue HKD 15.556 billion in convertible bonds [1] - The initial conversion price is set at HKD 39.04 per H-share, subject to adjustments [1] Conversion Details - If the bonds are fully converted at the initial conversion price, they will convert into approximately 398 million shares [1] - This represents about 14.36% of the company's existing issued H-shares and 4.14% of the total issued share capital as of the announcement date [1] - After full conversion, the new shares would account for approximately 12.55% of the enlarged issued H-shares and 3.98% of the total issued share capital, assuming no other changes to the company's share capital [1]

Core Viewpoint - China Pacific Insurance (601601.SH) plans to issue HKD 15.556 billion in convertible bonds, which can be converted into H-shares under specified terms and conditions [1] Group 1: Convertible Bonds Details - The initial conversion price is set at HKD 39.04 per H-share, subject to adjustments [1] - If the bonds are fully converted at the initial price, they will convert into approximately 398 million shares, representing about 14.36% of the existing issued H-shares and 4.14% of the total issued share capital as of the announcement date [1] - After full conversion of the bonds, the new shares would account for approximately 12.55% of the enlarged issued H-shares and 3.98% of the total issued share capital, assuming no other changes in the company's share capital [1]

Core Viewpoint - China Pacific Insurance (02601.HK) has announced a subscription agreement for the issuance of HKD 15.556 billion zero-coupon convertible bonds due in 2030, which will be convertible into H-shares at an initial conversion price of HKD 39.04 per share [1] Group 1 - The total principal amount of the bonds to be issued is HKD 15.556 billion, which can be converted into approximately 398 million shares, representing about 14.36% of the existing issued H-shares and 4.14% of the total issued share capital as of the announcement date [1] - The company plans to use the net proceeds from the bond issuance to support its core insurance business, implement three major strategies: "Great Health, AI+, and Internationalization," and supplement working capital for general corporate purposes [1]

本公司拟根据一般性授权发行可转换为本公司H股股份的债券，不涉及本公 司A股发行。 一、本次发行概述 2025 年 9 月 10 日（交易时段后），本公司与经办人签署认购协议。根据认 购协议，本公司已同意向经办人发行或根据经办人指示发行，且经办人已单独（而 非共同）同意认购并支付或促使认购人认购并支付债券，但须遵守认购协议中规 定的若干条件。 证券代码：601601 证券简称：中国太保 公告编号：2025-050 重要提示 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。 中国太平洋保险（集团）股份有限公司 关于拟根据一般性授权发行 15,556,000,000 港元于 2030 年到期的零息 H 股可转换债券的公告 重要内容提示： 转换股份将根据本公司于 2025 年 6 月 11 日举行的 2024 年度股东大会上授 予董事会的一般性授权予以配发及发行。发行及认购债券以及本公司发行转换股 份无须取得股东进一步批准。 经办人已开展入标定价，关于债券的条款（包括但不限于本金金额和初始转 换价）已在入标定价后确定。 本公司拟发行的债 ...

Core Viewpoint - China Pacific Insurance (601601) announced the issuance of zero-coupon convertible bonds totaling HKD 15.556 billion, maturing in 2030, with an initial conversion price of HKD 39.04 per H-share [1] Group 1 - The company signed a subscription agreement on September 10, 2023, after trading hours [1] - The net proceeds from the bond issuance will be used to support the insurance core business and the implementation of three major strategies: "Great Health and Elderly Care," "Artificial Intelligence +," and "Internationalization" [1] - The funds will also be allocated for general corporate purposes, including replenishing working capital [1]

Core Viewpoint - China Pacific Insurance (02601) has announced a subscription agreement for the issuance of bonds totaling HKD 15.556 billion, which can be converted into H-shares under certain conditions [1] Group 1: Bond Issuance Details - The company will issue bonds with a principal amount of HKD 15.556 billion, which can be converted into H-shares at an initial conversion price of HKD 39.04 per share [1] - If the bonds are fully converted at the initial conversion price, they will convert into approximately 398 million shares, representing about 14.36% of the existing issued H-shares and 4.14% of the current issued share capital [1] - After the conversion, the newly issued shares will account for approximately 12.55% of the expanded total issued H-shares and 3.98% of the expanded share capital, assuming no other changes in share capital [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance will be used to support the insurance core business, implement the three major strategies of "healthcare, artificial intelligence, and internationalization," and supplement working capital for general corporate purposes [1]

拟由公司发行的债券本金总额为155.56亿港元，可于条款及条件所载情形下转换为H股。初始转换价为 每股H股39.04港元(可予调整)。假设债券按每股H股39.04港元的初始转换价悉数转换且不再发行其他股 份，则债券将可转换为约3.98亿股转换股份，约占公司于本公告日期现有已发行H股数目的14.36%及现 有已发行股本的4.14%。 格隆汇9月11日丨中国太保(02601.HK)发布公告，2025年9月10日，公司与经办人签署认购协议。根据认 购协议，(其中包括)公司已同意向经办人发行或根据经办人指示发行，且经办人已单独(而非共同)同意 认购并支付或促使认购人认购并支付债券(即155.56亿港元于2030年到期的零息可转换债券)，惟须受认 购协议所载若干条件规限。经办人已开展入标定价，关于债券的条款(包括但不限于本金金额和初始转 换价)已在入标定价后确定。 待债券发行完成后，公司拟将发行债券所得款项净额用于(i)支持保险主业；(ii)支持"大康养、人工智能 +、国际化"三大战略实施；及(iii)补充营运资金等一般企业用途。 ...

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倚 賴內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成提呈收購、購買或認購任何證券的要約邀請或招攬，或訂立進行收 購、購買或認購的協議之邀請，且本公告並不旨在邀請收購、購買或認購任何證券之要約。 本公告不會直接或間接於或向美國（包括美國的領土及屬地、任何州以及哥倫比亞特區）發佈。 本公告及其包含的信息並不構成在美國境內購買、認購或出售證券的任何要約或要約邀請或招 攬或其組成部分。本公告中所述的證券並無亦不會根據1933年美國《證券法》（經修訂）（「《證券 法》」）進行登記，亦不得於美國境內發售或出售，惟獲豁免或毋須遵守《證券法》登記規定的交 易除外。本公告中所述的證券將根據《證券法》S規例在美國境外發售和出售。本公告中所述的 證券不會於美國境內或發售受到限制或禁止的其他司法管轄區境內進行公開發售。本公告或其 中包含的信息沒有招攬任何金錢、證券或其他對價，並且任何基於本公告或其包含的信息而發 出的任何金錢、證券或其他對價均不會被接受。 中 ...

Group 1: AI and Technology in Insurance - The insurance industry is being significantly reshaped by technological innovations, particularly AI, with companies like DeepSeek leading the transformation [1] - Various insurance companies showcased their technological advancements at the 2025 Service Trade Fair, emphasizing immersive experiences and interactive technologies [1] - China Pacific Insurance's VR project allows users to experience emergency scenarios, enhancing awareness of safety measures [1] - China People's Insurance introduced a traditional Chinese medicine diagnostic device that combines AI technology, improving health assessment accuracy [1][2] Group 2: Reinsurance and Risk Management - Reinsurance plays a crucial role in risk management within the financial system, helping to mitigate complex risks [2] - China Reinsurance presented the China Catastrophe Risk Map, a comprehensive disaster risk data service platform covering various meteorological disasters [2] Group 3: Pension Finance Innovations - The aging population in China has made pension finance a focal point, with insurance companies showcasing innovative products and services at the fair [4] - China Taiping is actively developing pension finance solutions, with over 200 billion yuan in new contributions to commercial pension plans [4] - China Life has established a health and wellness service ecosystem, with over 10,000 available nursing beds across 14 cities [4] - China People's Insurance reported a significant growth in its second pillar annuity management scale, reaching 678.3 billion yuan, with a year-on-year increase of 177.4% in the third pillar personal pension premiums [4] Group 4: Insurance Coverage for Events - China Pacific Property Insurance provided comprehensive insurance coverage of 307.6 billion yuan for the 2025 Service Trade Fair, expected to cover 400,000 people [5] - The company also offered specialized carbon emission insurance to support the "zero carbon" initiative during the event [5] - A dedicated risk engineering team conducted thorough risk assessments to ensure safety and security during the fair [5]

Core Viewpoint - China Pacific Insurance (Group) Co., Ltd. has proposed to issue H-share convertible bonds and list them on the Hong Kong Stock Exchange, aiming to support its core insurance business and strategic initiatives [2][6]. Group 1: Board Meeting and Resolutions - The 17th meeting of the 10th Board of Directors was held on September 10, 2025, with all 13 attending directors agreeing to waive the notice period [1]. - The board unanimously approved the proposal for issuing H-share convertible bonds [3]. Group 2: Convertible Bonds Issuance - The company plans to issue convertible bonds exclusively to professional investors, in compliance with relevant regulations, and will not offer them to the general public or related parties [6]. - The pricing of the convertible bonds will be determined through a competitive bidding process, with specific terms yet to be finalized [6]. Group 3: Use of Proceeds - The net proceeds from the issuance of convertible bonds are intended to support the insurance core business, implement strategic initiatives related to "healthcare, artificial intelligence, and internationalization," and supplement working capital [8]. Group 4: Listing and Regulatory Compliance - The company will apply for approval from the Hong Kong Stock Exchange for the listing and trading of the convertible bonds and the H-shares issued upon conversion [9]. - As of the announcement date, no final agreement has been established regarding the issuance of the convertible bonds, and the issuance may not proceed [9].