Financial Performance - Ping An reported a total revenue of 1.2 trillion RMB for the fiscal year ending December 31, 2023, representing a year-on-year increase of 10%[19]. - The operating profit attributable to shareholders for 2023 is RMB 117,989 million, a decrease of 19.6% from RMB 146,895 million in 2022[24]. - The net profit attributable to shareholders for 2023 is RMB 85,665 million, down 22.8% from RMB 111,008 million in 2022[24]. - The company anticipates a growth rate of 8-10% in total revenue for the upcoming fiscal year, driven by its comprehensive financial services model[19]. - The net profit for 2023 was RMB 89.58 billion, down 11.4% from RMB 101.12 billion in 2022[76]. - The comprehensive cost ratio rose to 100.7% in 2023, compared to 99.6% in 2022, indicating increased operational costs[76]. Customer Base and Services - The company served 232 million individual customers, providing a diverse range of products and convenient services[19]. - The number of individual customers reached 23,157,000 in 2023, an increase from 22,664,000 in 2022, representing a growth of 2.2%[24]. - The average number of contracts per individual customer was 2.95, with over 88.01 million individual customers holding multiple contracts across subsidiaries[84]. - The active user count for the "Ping An Good Car Owner" app surpassed 40.49 million in December 2023, with total registered users exceeding 200 million[58]. - The company achieved a self-service renewal amount of RMB 300.3 billion in 2023, representing a year-on-year growth of 13%[87]. Insurance Segment - Ping An's insurance segment achieved a premium income of 800 billion RMB, up 12% compared to the previous year[19]. - The total insurance service income for 2023 was RMB 223.600 billion, compared to RMB 232.194 billion in 2022, reflecting a decrease of approximately 3.0%[54]. - The new business value for 2023 is RMB 31,080 million, an increase of 7.8% compared to RMB 28,820 million in 2022[24]. - The new business profit margin for life insurance was 10.1%, down from 11.1% the previous year[42]. - The new business value from the bancassurance channel grew by 77.7% in 2023, indicating significant improvement in channel contribution[60]. Investment and Financial Strategy - The company is committed to sustainable finance, emphasizing green finance initiatives and support for the real economy[19]. - The total investment income increased by 23.0% to RMB 12.316 billion from RMB 10.014 billion in the previous year[76]. - The company's investment portfolio generated a return of 6.5%, contributing significantly to its overall financial performance[19]. - The company actively increased investments in high-quality alternative assets to diversify asset sources and income streams[122]. - The company has strengthened its investment research and product innovation capabilities, covering the entire investment management process[142]. Digital Transformation and Innovation - The company is focusing on digital transformation, aiming to enhance operational efficiency and customer experience through technology[19]. - The company is focusing on innovation in auto insurance products, including autonomous driving and mileage insurance[106]. - The company aims to leverage its comprehensive financial strategy to enhance customer value and operational efficiency, focusing on lower customer acquisition costs and improved service costs[87]. - The company has established a "Three Savings" value evaluation system to enhance product and service offerings, aiming to provide customers with a seamless financial experience[74]. Healthcare and Elderly Care Services - Ping An plans to expand its healthcare and elderly care services, aligning with national strategies for "Digital China" and "Healthy China"[19]. - The company expanded its home care services, covering 54 cities and serving over 80,000 customers by the end of 2023[46]. - The Ping An high-end elderly care project has been launched in four cities, with new projects like Shanghai Yinian City officially announced in February 2023[62]. Risk Management and Operational Efficiency - The company emphasizes risk management and has a robust risk preference system in place, focusing on cost-benefit matching[162]. - The company reported a decline in the average profit per customer due to macroeconomic challenges, with a focus on enhancing the comprehensive financial strategy to tap into existing customer value[89]. - The non-performing loan ratio increased to 1.06% from 1.05% year-over-year[150]. Market Position and Growth Strategy - The company has set a target to increase its market share in the insurance sector by 5% over the next three years[19]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and diversify its service offerings[19]. - The company aims to strengthen its comprehensive financial services and enhance customer-oriented strategies for high-quality development[33].

证券代码：601318 证券简称：中国平安 公告编号：临 2024-007 中国平安保险（集团）股份有限公司 保费收入公告 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。 以上数据均未经审计，提请投资者注意。 特此公告。 中国平安保险（集团）股份有限公司董事会 2024 年 3 月 14 日 根据中华人民共和国财政部《企业会计准则解释第 2 号》以及《保险合同相 关会计处理规定》，本公司如下子公司于 2024 年 1 月 1 日至 2024 年 2 月 29 日 期间的原保险合同保费收入为： | | | | 子公司名称 | 原保险合同保费收入 | 同比 | | --- | --- | --- | | | （人民币万元） | （%） | | 中国平安财产保险股份有限公司 | 5,048,691 | 1.0 | | 中国平安人寿保险股份有限公司 | 13,384,416 | -1.1 | | 平安养老保险股份有限公司 | 464,325 | 39.2 | | 平安健康保险股份有限公 ...

证券代码：601318 证券简称：中国平安 公告编号：临 2024-006 中国平安保险（集团）股份有限公司 关于召开 2023 年度业绩发布会的公告 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。 重要内容提示： 投资者可于 2024 年 3 月 18 日（星期一）23:59 前将相关问题通过电子邮件 的形式发送至本公司投资者关系邮箱：IR@pingan.com.cn。本公司将会于 2023 年度业绩发布会（以下简称"业绩发布会"）上对投资者普遍关注的问题进行回 答。 三、参加人员 本公司董事长马明哲，总经理兼联席首席执行官谢永林，联席首席执行官郭 晓涛，副总经理付欣，董事会秘书盛瑞生，首席财务官（财务负责人）张智淳， 总经理助理兼首席投资官邓斌以及独立非执行董事。 四、投资者参加方式 （一）投资者可于 2024 年 3 月 18 日 23:59 前将相关问题通过电子邮件的形 式发送至本公司投资者关系邮箱：IR@pingan.com.cn。本公司将会于业绩发布会 上对投资者普 ...

Core Insights - The article highlights the journey and insights of Li Jing, a prominent figure in the insurance industry, emphasizing her belief in the importance of passion and responsibility in entrepreneurship [2][6]. Group 1: Personal Journey and Industry Insights - Li Jing's career began in 1992 at China Ocean Shipping Group, where she first encountered mutual insurance, leading to her eventual role at China Ping An and later founding Zhonghui Mutual Insurance [2][7]. - The establishment of Zhonghui Mutual Insurance marked a significant milestone as it became the first nationwide mutual insurance organization in China, reflecting the growing opportunities in the sector [2][7]. - Li Jing emphasizes the importance of understanding the evolving landscape of the insurance industry, which is closely tied to economic development and societal changes [7][8]. Group 2: Women in the Workplace - The article discusses the increasing presence of women in leadership roles within the insurance industry, attributing this to higher education levels and changing societal attitudes [5][6]. - Li Jing believes that women's sensitivity and empathy make them particularly well-suited for the insurance sector, which relies heavily on understanding client needs [5][6]. - The development of the internet has created more opportunities for women in insurance, enhancing customer service and operational efficiency [5][6]. Group 3: Strategic Focus for Insurance Companies - Li Jing advocates for insurance companies to clarify their strategic direction and focus on risk management, emphasizing the need for a robust risk control system [7][8]. - The importance of long-term thinking in the insurance industry is highlighted, with a call for companies to prioritize customer value and operational capabilities over short-term gains [8]. - Companies should concentrate their efforts on niche markets to build core competencies and create sustainable value for their members [8].

证券研究报告·公司点评报告·保险Ⅱ 中国平安（601318） 现金分红彰显集团经营韧性——关于公司推 2024 年 03月 07日 动“提质增效重回报”暨 2023 年度现金分红 证券分析师 胡翔 计划的公告点评 执业证书：S0600516110001 021-60199793 买入（维持） hux@dwzq.com.cn 证券分析师 葛玉翔 [Table_EPS] 盈利预测与估值 2021A 2022A 2023E 2024E 2025E 执业证书：S0600522040002 归属母公司营运利润 021-60199761 147,961 148,365 132,241 149,588 159,393 （百万元） geyx@dwzq.com.cn 同比 6.1% 0.3% -10.9% 13.1% 6.6% 研究助理 罗宇康 新业务价值（百万元） 37,898 28,820 35,572 40,295 43,190 执业证书：S0600123090002 同比 -23.6% -24.0% 23.4% 13.3% 7.2% luoyk@dwzq.com.cn 每股内含价值（元/股） 76.34 77.89 8 ...

中国平安保险（集团）股份有限公司 关于推动"提质增效重回报"暨 2023 年度现金分红计划的公告 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。 为践行"以投资者为本"的上市公司发展理念，本公司将持续强化自身投资 价值创造能力，牢固树立回报股东意识，通过高质量发展为更好回报投资者提供 保障。 坚持以高质量发展为价值引领，强化自身投资价值创造能力。本公司坚守 金融主业，坚持金融为民，积极服务实体经济，强化保险保障功能，助力"数字 中国"和"健康中国"等国家战略实施，解答科技金融、绿色金融、普惠金融、 养老金融、数字金融五篇大文章，深化"综合金融+医疗养老"服务体系，提供 专业的"金融顾问、家庭医生、养老管家"服务。本公司深入推进全面数字化转 型，引领业务高质量发展，助力金融业务提质增效，加速推进生态圈建设，实现 "科技赋能金融、生态赋能金融、科技促进发展"。 证券代码：601318 证券简称：中国平安 公告编号：临 2024-004 坚持稳定和可持续的现金分红政策，牢固树立回报股 ...

证券研究报告 公 2024年03月06日 司 报 告 中国平安(601318) │ 行 业： 非银金融/保险Ⅱ 金 投资评级： 买入（维持） 融 当前价格： 42.50元 提质增效注重回报，分红有望稳健增长 - 公 目标价格： 60.70元 司 事件： 点 基本数据 评 3 月 6 日，中国平安公布 2023 年度现金分红计划，公司预计 2023 年度全 18,210.23/18,210. 研 年现金分红总额占归母净利润比例不低于40%。 总股本/流通股本(百万股) 23 究 ➢ 23年公司每股分红有望实现正增 流通A股市值(百万元) 457,412.95 2020-2022年公司的现金分红总额分别为400.63、431.36、438.20亿元， 每股净资产(元) 49.59 占归母净利润（旧准则下）的比例分别为 28.0%、42.4%、52.3%。从每股 资产负债率(%) 89.25 分红水平来看，2020-2022年公司每股股息分别为2.20、2.38、2.42元， 同比分别增长7.3%、8.2%、1.7%。公司的分红水平持续提升，表明公司高 一年内最高/最低(元) 56.00/37.62 度重视股东回报 ...

[Table_MainInfo] 公司研究/金融/保险 证券研究报告 中国平安（601318）公司公告点评 2024年03月02日 [Table_InvestInfo] 平安 1 月保费点评：寿险业务略有下滑， 投资评级 优于大市 维持 产险增长延续低速态势 股票数据 [0T3a月ble01_日St收oc盘k价In（fo元] ） 42.99 [Table_Summary] 52周股价波动（元） 37.62-56.00 投资要点： 股本结构 [总Ta股b本le（_C百a万p股ita）lI nfo] 18210 【事件】中国平安发布2024年1月保费收入公告：公司2024年1月人身险（含 流通A股（百万股） 10762.657695  平安人寿、平安养老与平安健康）、财产险原保险保费收入分别为1053.2亿元、 B股/H股（百万股） 0/7448 324.3亿元，分别同比-2.2%、+1.1%。 相关研究 [《Ta Nb Bl Ve_延R续ep较o高rt增In长fo，] 产险及资管业务 1月平安人寿保费同比略有下滑。1）2024年1月平安人寿、平安养老、平安健  拖累单季利润》2023.11.06 康保费收入 ...

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: 2024年2月29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: 2024年3月1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 | 601318 | 說明 | A股 | | | | | | | | | 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 | | 2. 股份分類 | 普通股 | | 股份 ...

2月23日，北向资金全天净卖出0.92亿元。其中，沪股通净买入28.37亿元，深股通净卖出29.29亿元。 前十大成交股中，净买入额居前三的是中国平安、工商银行、农业银行，分别获净买入4.39亿元、3.92亿元、2.21亿 元。 净卖出额居前三的是泸州老窖、长安汽车、比亚迪，分别遭净卖出2.1亿元、1.43亿元、1.37亿元。 ...