Core Viewpoint - China Taiping announced that the group's estimated profit attributable to shareholders for the year ending December 31, 2025, is expected to increase by approximately 215% to 225% compared to the same period last year, with the profit for the year 2024 projected at HKD 8.432 billion [1] Group 1 - The estimated profit growth for 2025 is significant, indicating strong financial performance [1] - The projected profit for 2024 is set at HKD 8.432 billion, providing a benchmark for future performance [1]

格隆汇1月19日丨中国太平(00966.HK)公布，集团截至2025年12月31日止年度的股东应占溢利预计与去 年同期相比增加约215%至225%。2024年年度的股东应占溢利为84.32亿港元。 集团实施高质量发展战略，坚持稳中求进、守正创新、价值导向，保险业务保持平稳健康发展。公司股 东应占溢利预计增加主要是因净投资业绩较2024年度有所提升，以及中国国家税务部门针对中国保险行 业推出的新企业所得税税收政策的一次性影响。 ...

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。 承董事會命 中國太平保險控股有限公司 公司秘書 張若晗 （於香港註冊成立之有限公司） （股份代號：966） 中國香港，2026 年 1 月 19 日 2025 年年度業績預增公告 本公告乃由中國太平保險控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據 香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)條及香港法例第571章證券 及期貨條例第XIVA部的內幕消息條文（定義見上市規則）的規定而發出。 本公司謹此告知本公司股東及潛在投資者，根據本公司初步估算，本集團截至2025年12月31 日止年度（「2025年年度」）之股東應佔溢利預計與去年同期（「2024年年度」）相比增加約215% 至225%。2024年年度的股東應佔溢利為84.32億港元。 本集團實施高質量發展戰略，堅持穩中求進、守正創新、價值導向，保險業務保持平穩健康 發展。本公司股東應佔溢利預計增加主要是因淨投資業績 ...

基于对保险公司承保韧性、每股盈利增长及股息能见度有信心，摩通仍有相信内险股股价有充足上行空 间，将中国太平的评级由"减持"一举上调至"增持"，目标价由9.4港元升至30港元，看好其寿险销售复 苏及短期盈利预测上调，可能触发股价上升。 摩根大通发表研究报告指，中国中小型保险股去年跑赢大市，股价平均上升约58%，反映市场对新兴人 寿保险需求及宏观经济向好的乐观情绪正在增加。然而该行认为，近期的温和盈利及股息预期调整，似 乎只部分反映了2025年下半年宏观经济向好因素。 ...

Core Viewpoint - The National Financial Supervision Administration of Nanping has approved the relocation of Taiping Life Insurance Co., Ltd.'s Jianyang branch to a new address in Nanping City, Fujian Province [1] Group 1 - Taiping Life Insurance Co., Ltd.'s Jianyang branch will change its business location to: 269 Renmin West Road, Jianyang District, Nanping City, Fujian Province (Building 22412, 22413 of Jianda Yucheng Complex) [1] - The Fujian branch of Taiping Life Insurance is required to handle the relocation and license renewal procedures in accordance with relevant regulations [1]

Core Viewpoint - DBS has raised the target price for China Taiping from HKD 23 to HKD 25, maintaining a "Buy" rating, indicating a positive outlook for the company's future performance [1] Group 1: Business Strategy - Over 90% of China Taiping's new business consists of policy products, reflecting a strong focus on insurance offerings [1] - The company's investment strategy has shifted from high-yield investments to a barbell strategy, suggesting a more balanced approach to risk and return [1] Group 2: Future Outlook - 2025 is identified as a transitional year for China Taiping, with management optimistic about growth prospects for the fiscal year 2026 as adjustments are expected to be completed [1] - The company is placing significant emphasis on dividend growth to enhance its core solvency [1]

| 截至月份: | 2025年12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: | 中國太平保險控股有限公司 | | | 呈交日期: | 2026年1月2日 | | | I. 法定/註冊股本變動 不適用 | | | | 備註： | | | | 由於本公司是於香港註冊成立的公司，因此「法定/註冊股本」之概念並不適用於本公司。 | | | FF301 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 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00966 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | ...

Core Viewpoint - The recent leadership changes at China Taiping Insurance Group's subsidiaries, Taiping Life and Taiping General Insurance, reflect a shift in governance, with new leaders being promoted from within rather than appointed from the group's senior management [2][5]. Group 1: Leadership Changes - Wang Xuze has been appointed as the Party Secretary and proposed General Manager of Taiping Life, while Peng Yunping has been appointed as the Party Secretary and proposed General Manager of Taiping General Insurance [2]. - Both Wang and Peng are internal promotions, indicating a move away from the previous practice of having senior executives from the group serve in these roles [2][5]. - The changes are pending regulatory approval before the new leaders officially assume their positions [2]. Group 2: Background of New Leaders - Peng Yunping has over 20 years of experience in the property insurance industry, with a background in sales, management, governance, and compliance [3]. - She has held various positions within China Taiping Insurance Group, including Vice General Manager of the Comprehensive Development Department and Secretary of the Discipline Inspection Commission at Taiping General Insurance [3]. - Wang Xuze has extensive frontline experience, having worked in various branches of Taiping Life and served as the Market Director before becoming the temporary head of the company [4]. Group 3: Recent Performance Metrics - From January to November 2025, Taiping General Insurance achieved original insurance premium income of 30.2 billion yuan, a year-on-year increase of 3.7% [6]. - Taiping Life reported insurance business income of 158.04 billion yuan for the first three quarters of 2025, a 6.6% increase year-on-year, with net profit rising by 61.2% to 18.13 billion yuan [6]. - As of the end of the third quarter, Taiping Life's net asset scale reached 87.068 billion yuan, a 31.18% increase from the beginning of the year, and total assets amounted to 1.4 trillion yuan, up 10.19% [6].

Group 1: Management Changes - The recent personnel adjustments at China Taiping reflect a shift in the management model between the group and its subsidiaries, with internal promotions rather than cross-appointments from group executives [2][13] - Wang Xuze has been appointed as the Party Secretary and proposed General Manager of Taiping Life, while Peng Yunping has been appointed as the Party Secretary and proposed General Manager of Taiping Property Insurance, both pending regulatory approval [4][14] - This change enhances the autonomy and decision-making flexibility of the subsidiaries, aligning with a broader industry trend of promoting internal candidates [2][13] Group 2: Financial Performance - For the first three quarters of 2025, Taiping Life achieved insurance business revenue of 158.04 billion yuan, a year-on-year increase of 6.6%, and a net profit of 18.13 billion yuan, up 61.2% [3][20] - Taiping Property Insurance reported insurance business revenue of 25.87 billion yuan, a 4.24% increase, and a net profit of 974 million yuan, reflecting an 82.4% growth [3][20] - The investment return rate for Taiping Life was 2.82%, with total assets reaching 1.4 trillion yuan, a 10.19% increase from the beginning of the year [20][21] Group 3: Leadership Profiles - Wang Xuze, born in August 1972, has extensive management experience within Taiping, having served in various roles since starting at the Tianjin branch [4][14] - Peng Yunping, born in October 1973, has a strong background in multi-channel development and has held several key positions within Taiping Property Insurance [8][18]

Core Viewpoint - The Xingtai Financial Regulatory Bureau has approved the relocation of the Tai Ping Life Insurance Company's Julu branch to a new address in Xingtai City, Hebei Province [1] Group 1 - The new business location for Tai Ping Life Insurance Company's Julu branch is specified as: No. 3 and No. 2, 2nd Floor, Junyuefu, North Jianshe Street, Julu County, Xingtai City, Hebei Province [1] - The approval was issued in response to a request from Tai Ping Life Insurance Company regarding the change of business premises [1] - Tai Ping Life Insurance Company Hebei Branch is required to handle the change and obtain the necessary permits in accordance with relevant regulations [1]