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: 2025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: 中国平安保险（集团）股份有限公司 呈交日期: 2025年2月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601318 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,762,657,695 | RMB | | | 1 RMB | | 10,762,657,695 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 10,762,657,695 | RMB | | | 1 RMB | | 10,762,657,695 | | ...

中国平安保险（集团）股份有限公司 （于中华人民共和国注册成立之股份有限公司） 章 程 （本章程根据《保险公司章程指引》、《上市公司章程指引》、《上海证券 交易所股票上市规则》（"《上证所上市规则》"）以及《香港联合交易所 有限公司证券上市规则》（"《联交所上市规则》"）等制定） -1- 中国平安保险（集团）股份有限公司 章程修改记录 | 作出章程修改决 | | | | | | 监管机关的 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 章程制定 会议名称 备注 议的时间 批准文件文号 | | | | | | | | | | 1 章程制定 年 月 公司创立时股东签署 银复〔1988〕113 号 2 2 第 年 5 月 日 第一届董事会第三次会议 银复〔1991〕89 号 | 1 | 次修订 | | 1988 1989 | | | | | | 3 第 年 4 月 日 第一届股东大会 银复〔1996〕157 号 4 第 年 月 年度临时股东大会 保监变审〔2001〕62 号 8 2001 | 2 3 | 次修订 次修订 | | 1 ...

Core Insights - Ping An Insurance's subsidiary, Ping An Bank, has provided a RMB2.3 billion (USD 322 million) loan to Yulin Chemical for a project aimed at cleaner coal processing, aligning with China's low-carbon development goals [1][2] - The project is part of China's National Development and Reform Commission's 2024 Catalogue for Guiding Industry Restructuring and utilizes advanced technologies to promote a circular economy [2] - Since June 2022, Ping An Bank has cumulatively loaned RMB3.44 billion (USD 481.6 million) to the project and will continue to support its financing [3] Industry Context - China's "dual carbon" goals create significant pressure on high-carbon industries to transition to sustainable practices, with a funding gap estimated at RMB487 trillion (USD 68.2 trillion) over the next 30 years [4] - Transition finance is essential for facilitating industrial upgrades and ensuring stable economic growth, particularly in high-emission sectors [5] Company Strategy - Ping An Bank aims to support projects with substantial carbon reduction potential as part of its green finance strategy [5] - The company integrates green finance into its overall strategy, providing risk protection and optimizing credit structures based on low-carbon principles [6] - In the first three quarters of 2024, Ping An's green insurance premium income reached RMB37.34 billion (USD 5.2 billion), with green investments and loans totaling RMB124.88 billion (USD 17.5 billion) and RMB164.63 billion (USD 23.0 billion) respectively [7]

Core View - China Ping An Insurance (Group) Company of China Ltd (601318 SH) reported a 7 2% year-on-year increase in accumulated original insurance premium income reaching 8581 43 billion yuan for the period from January 1 2024 to December 31 2024 [1] Breakdown by Subsidiaries - Ping An Property & Casualty Insurance achieved original insurance premium income of 3218 21 billion yuan a 6 5% year-on-year increase [2] - Ping An Life Insurance reported original insurance premium income of 5028 77 billion yuan marking a 7 8% year-on-year growth [2] - Ping An Pension Insurance saw a 4 2% year-on-year decline in original insurance premium income totaling 165 95 billion yuan [2] - Ping An Health Insurance recorded original insurance premium income of 168 49 billion yuan reflecting a significant 14 9% year-on-year increase [2]

Core View - China Ping An Insurance Group reported a 6.5% year-on-year increase in total premium income for 2024, reaching 3218.21 billion yuan [1] - Ping An Life Insurance saw a 7.8% year-on-year growth in premium income, totaling 5028.77 billion yuan [1] - Ping An Pension Insurance experienced a 4.2% year-on-year decline in premium income, amounting to 165.95 billion yuan [1] - Ping An Health Insurance recorded a significant 14.9% year-on-year increase in premium income, reaching 168.49 billion yuan [1] Premium Income Breakdown - Total premium income for China Ping An Insurance Group in 2024: 3218.21 billion yuan, up 6.5% year-on-year [1] - Ping An Life Insurance premium income: 5028.77 billion yuan, up 7.8% year-on-year [1] - Ping An Pension Insurance premium income: 165.95 billion yuan, down 4.2% year-on-year [1] - Ping An Health Insurance premium income: 168.49 billion yuan, up 14.9% year-on-year [1] Growth Trends - Ping An Life Insurance showed the highest absolute growth in premium income among the subsidiaries [1] - Ping An Health Insurance demonstrated the strongest percentage growth at 14.9% [1] - Ping An Pension Insurance was the only subsidiary to report a decline in premium income [1]

Earthquake Response and Insurance Claims - A 6.8 magnitude earthquake occurred in Dingri County, Shigatse City, Tibet, with a depth of 10 kilometers [1] - Multiple insurance companies initiated emergency response plans for earthquake claims in the affected area [1] - Ping An Property & Casualty Insurance received 8 auto insurance claims and completed the first payout of RMB 30,000 [1] - Vehicles were severely damaged by collapsed houses, and claims adjusters are on-site collecting information and assisting with rescue efforts [1] - Ping An's self-developed "Eagle Eye System" identified 6 customers within 100 kilometers of the epicenter, and their claims status is being verified [1] - Ping An Life Insurance, Pension Insurance, and Health Insurance are actively checking on customers, with no claims reported yet [1] Emergency Measures and Relief Efforts - Ping An Group established a major emergency response team led by Group General Manager Xie Yonglin and Co-CEO Guo Xiaotao [1] - The company activated a Level 2 emergency response, implemented multiple rescue measures, and opened a 24-hour emergency hotline (95511) [1] - Ping An Property & Casualty Insurance's Tibet branch formed a "Party Member Vanguard Team" for emergency relief, delivering supplies like water, ham, instant noodles, and blankets to the epicenter [1] - The company will cooperate with local government directives to leverage its insurance expertise for post-disaster reconstruction and service efforts [1]

Investment Rating - The report assigns an "Outperform" rating to the company, with a target price range of 69.99 to 75.68 CNY per share, indicating a potential upside of 23% to 33% from the current price of 52.65 CNY [6][20]. Core Insights - The company, Ping An, is recognized as one of the most comprehensive financial groups in China, with a wide range of licenses and services including insurance, banking, and asset management. As of Q3 2024, it reported a revenue of 775.38 billion CNY, a year-on-year increase of 9.99%, and a net profit of 119.18 billion CNY, up 36.09% [19][27]. - The life insurance segment remains the core of the business, contributing significantly to the company's profitability. The average monthly income for agents has doubled since 2021, reflecting improved channel quality [19][31]. - The property insurance segment is leveraging technology to enhance its competitive edge, with a focus on digital platforms for customer engagement and service [19][31]. - The investment strategy has shifted towards more stable asset classes, with a notable decrease in real estate investment risk, maintaining a balanced portfolio [19][31]. Financial Forecast and Valuation - The financial projections indicate a recovery in revenue and net profit growth, with expected EPS of 5.98, 6.55, and 7.54 CNY for 2024, 2025, and 2026 respectively. The current P/EV ratios are projected to be 0.63, 0.59, and 0.54 for the same years [7][19]. - The company’s total assets reached 12.53 trillion CNY by the end of 2024, solidifying its position as the largest insurance group in China [53]. Industry Overview - The insurance industry in China is experiencing a positive trend, with premium income growth accelerating, particularly in the life insurance sector, which accounted for 76.4% of personal insurance premiums by August 2024 [38][40]. - The competitive landscape is shifting, with smaller insurance companies struggling to maintain market share, leading to an increase in industry concentration [70][78]. - Regulatory changes are expected to further enhance industry concentration by limiting the establishment of new insurance institutions and enforcing stricter operational standards [70][78].

Insurance Claims and Customer Service - The company paid a high claim of 144 million yuan to a tech company for production line damage caused by a power outage, marking the highest single claim of the year [10] - A customer received a claim payment in just 53 seconds using the "111极速赔" service, showcasing the company's fast claim processing capabilities [10] - The company provided a multi-disciplinary consultation service for a cancer patient, avoiding unnecessary surgery and finding the most suitable treatment plan [7] High-Value Claims - A customer received a total of 42.5 million yuan in claims and premium exemptions after a successful appeal for a pathology report [11] - A customer who passed away due to acute myocardial infarction received a claim of 24 million yuan, the highest personal insurance claim of the year [17] - A customer with acute leukemia received 20 claims totaling 2.06 million yuan over two years [14] Special and Complex Claims - The company handled a unique claim involving a car colliding with a helicopter, reducing the repair cost by 2 million yuan from the initial estimate of 3.2 million yuan [3][13] - The company paid over 626 million yuan in claims following the impact of Typhoon "摩羯" in Hainan [15] - The company used its "鹰眼" system to predict weather and mitigate flood damage, investing 370,000 yuan to prevent larger losses [16] Customer-Centric Initiatives - The company helped a customer recover a forgotten policy from 20 years ago by locating the customer through community assistance [19] - The company provided timely support to a customer's family after the customer's sudden death, offering condolences and processing a high-value claim [17] - The company protected 15,000 acres of farmland from flood damage, reducing potential losses by 4.5 million yuan and paying out 15.875 million yuan in claims [5]

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 盛瑞生 公司秘書 中國深圳，2024年12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、蔡方方及付欣；非執行董事為謝吉 人、楊小平、何建鋒及蔡潯；獨立非執行董事為伍成業、儲一昀、劉宏、吳港平、金李及王廣謙。 董事會召開日期 中國平安保險（集團）股份有限公司（「本公司」及其附屬公司「本集團」）董事會（「董 事會」）兹通告謹定於二零二五年三月十九日（星期三）舉行董事會會議，以考慮及通 過，其中包括，本集團截至二零二四年十二月三十一日止的年度業績、建議之末期股息 （如有），以及處理其他事項。 ...

证券代码：601318 证券简称：中国平安 公告编号：临 2024-062 特此公告。 中国平安保险（集团）股份有限公司监事会 中国平安保险（集团）股份有限公司（以下简称"本公司"或"公司"）监事会 及全体监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。 本公司第十一届监事会第五次会议（以下简称"会议"）通知于 2024 年 12 月 18 日发出，会议于 2024 年 12 月 24 日以书面传签方式召开。会议应参与投票 监事 5 人，实际参与投票监事 5 人，会议有效行使表决权票数 5 票。会议的召 集、召开程序符合《中华人民共和国公司法》和《中国平安保险（集团）股份有 限公司章程》的相关规定，会议合法、有效。 会议审议通过了如下议案： 表决结果：赞成 5 票、反对 0 票、弃权 0 票 2024 年 12 月 24 日 中国平安保险（集团）股份有限公司 第十一届监事会第五次会议决议公告 一、审议通过了《关于审议〈公司反保险欺诈管理办法（2024 版）〉的议案》 表决结果：赞成 5 票、反对 0 票、弃权 0 票 二、审议通过了《关于审议〈公 ...