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 ...

证券代码：601318 证券简称：中国平安 编号：临 2025-036 中国平安保险（集团）股份有限公司 关于实施回购股份注销暨股本变动公告 中国平安保险（集团）股份有限公司（以下简称"本公司"或"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： 本公司将于 2025 年 9 月 3 日注销根据 2021 年 A 股回购方案回购的 102,592,612 股 A 股股份（以下简称"本次注销"）。本次注销完成后，本 公司总股本将由 18,210,234,607 股变更为 18,107,641,995 股。 本公司已就本次注销导致的减少注册资本事宜取得《国家金融监督管理总局 关于中国平安保险（集团）股份有限公司变更注册资本的批复》（金复〔2025〕 521 号），并已根据上海证券交易所的有关规定递交本次注销的相关申请，上述 102,592,612 股 A 股股份预计将于 2025 年 9 月 3 日完成注销。于本次注销完成日， 本公司股本总数将由 18,210,234,607 股变更为 18,107,641,99 ...

Core Insights - China Ping An ranked 3rd in the "2025 Best Chinese Brands" list by Interbrand, achieving a brand value of 175.85 billion yuan and a growth rate of 5%, marking its first position in the financial sector and maintaining its lead in the insurance industry for 12 consecutive years [1] Group 1: Brand Value and Market Position - The total brand value of the listed brands in the "2025 Best Chinese Brands" is 34,278.02 billion yuan, with Tencent, Alibaba, and China Ping An occupying the top three positions [1] - China Ping An's unique strategy of "comprehensive finance + medical and elderly care" and its deep application of AI technology are key drivers of its brand resilience and innovation [1] Group 2: Customer-Centric Services - China Ping An has developed a comprehensive financial supermarket service system, focusing on customer needs and providing a "worry-free, time-saving, and cost-effective" service experience [2] - As of June 30, 2025, the number of individual customers reached approximately 247 million, with a retention rate of 97.8% for customers holding four or more contracts [2] Group 3: AI and Technology Integration - The company has built a leading AI capability, utilizing a database of 30 trillion bytes of data covering nearly 247 million individual customers, with over 650 application scenarios [3] - In the first half of 2025, AI service volume reached approximately 882 million, covering 80% of total customer service interactions [3] Group 4: Corporate Social Responsibility - China Ping An has invested nearly 10.8 trillion yuan to support the real economy and has a green investment scale of 144.48 billion yuan as of June 30, 2025 [3] - The company has improved its MSCI ESG rating to AA, ranking first in the Asia-Pacific region for "comprehensive insurance and brokerage" [3] Group 5: Future Outlook - The company aims to deepen its dual strategy of "comprehensive finance + medical and elderly care" and continue its digital transformation to enhance service differentiation and core competitiveness [4]

中国平安始终坚持以客户为中心，构建覆盖全生命周期的"综合金融超市"服务体系。通过升级统一账户 体系、丰富产品矩阵、优化服务流程，实现"一个客户、多个账户、多种产品、一站式服务"的整合解决 方案。截至2025年6月30日，平安个人客户规模达2.47亿，较年初增长1.8%；持有4项及以上合同的高黏 性客户占比达26.6%，客户留存率高达97.8%；服务年限5年以上的客户占比达73.8%，长期留存率保持 在94.6%，充分体现了客户对品牌的高度认可。 整合资源，构建普惠高效的医疗养老生态 作为支付方代表，中国平安协同保险、医疗、投资与科技板块，整合优质服务资源，打造"家庭医生 +养老管家"服务体系，提供"到线、到店、到家、到企"的全方位健康与养老服务。截至2025年6月末， 平安拥有约5万名内外部医生团队，合作医院近3.7万家，实现国内百强医院及全部三甲医院100%覆 【环球网财经综合报道】2025年9月2日，全球知名品牌咨询机构Interbrand（英图博略）正式发布"2025 年中国最佳品牌排行榜"。中国平安以1758.5亿元的品牌价值和5%的稳健增速，首次跃居榜单第三位， 成为榜单中排名最高的金融企业，并连续 ...

Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Ping An Insurance Co. of China Ltd. (PNGAY) - PNGAY has shown a solid price increase of 23.5% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - The stock has also increased by 7.7% over the last four weeks, indicating that the upward trend is still intact [4]. - PNGAY is currently trading at 81.9% of its 52-week high-low range, suggesting it may be on the verge of a breakout [4]. Group 3: Fundamental Strength - PNGAY holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong track record, with Rank 1 stocks averaging an annual return of +25% since 1988 [6]. - The Average Broker Recommendation for PNGAY is also 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides PNGAY, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [7].

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8月31日 狀態: 新提交 本月底法定/註冊股本總額： RMB 18,210,234,607 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9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 (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 | ...

Core Insights - China Ping An (601318)(02318) reported a 39.8% year-on-year growth in new business value (NBV) for the first half of the year [1] - The new business contract service margin (CSM) turned to positive year-on-year growth during the period [1] - The pre-dividend book value increased by 4.8% year-on-year [1] Financial Performance - The proportion of equity investments in asset allocation increased, contributing to a comprehensive return rate of 3.1% for the first half, up by 0.3 percentage points [1] - The comprehensive cost ratio for property insurance improved to 95.2%, a decrease of 2.6 percentage points [1] - Operating profit from asset management and financial empowerment businesses accelerated, marking another highlight for the company [1] Analyst Rating - The bank reiterated a "Buy" rating for China Ping An, maintaining a target price of HKD 69 [1]

Core Insights - China Ping An's new business value (NBV) increased by 39.8% year-on-year in the first half of the year [1] - The new business contract service margin (CSM) turned to positive year-on-year growth during the same period [1] - The pre-dividend book value rose by 4.8% year-on-year [1] Financial Performance - The proportion of equity in asset allocation increased, contributing to a comprehensive return rate of 3.1%, up by 0.3 percentage points [1] - The comprehensive cost ratio for property insurance improved to 95.2%, a decrease of 2.6 percentage points [1] - Operating profit from asset management and financial empowerment businesses accelerated, marking another highlight [1] Analyst Rating - The firm reiterated a "Buy" rating for China Ping An, maintaining a target price of HKD 69 [1]

Core Viewpoint - China Ping An's life insurance segment is entering a golden development period, serving as a cornerstone for wealth management among the middle class and above in China [1] Performance Summary - In the reporting period, China Ping An achieved total operating revenue of 500.076 billion yuan, a year-on-year increase of 1.03% [1] - Despite a 26.9% year-on-year decline in first-year premiums from the agent channel, new business value grew by 17.0%, indicating improved channel quality [1] - The bancassurance channel saw first-year premiums and new business value increase by 77.6% and 168.6% respectively, becoming a new growth engine [1] Channel Performance - The agent channel remains the foundation of Ping An's life insurance, with new business value growing by 17% [2] - The bancassurance channel experienced explosive growth, with overall growth exceeding 170% across both Ping An Bank and other banks [2] - Community finance, although currently small in scale, achieved a growth rate of 160% [2] Regulatory Impact - The implementation of the "reporting and operation integration" policy has led to a 17.3% year-on-year decline in average monthly income for agents, reflecting a temporary negative impact [3][4] - The company is committed to complying with regulatory requirements, having developed and filed fifty new individual insurance products since the policy's implementation [4][5] Product Transformation - As of the first half of the year, the proportion of participating insurance products reached approximately 40% [6] - The shift from traditional insurance to participating insurance is a response to market demand and macroeconomic factors, with regulatory pressures to lower preset interest rates [6] - The company plans to adjust product pricing rates, with maximum preset rates for ordinary, participating, and universal products set at 2.0%, 1.75%, and 1.0% respectively [6][7] Competitive Strategy - Despite the reduction in preset interest rates, the company believes that the competitive edge of its participating insurance products will remain strong due to effective asset-liability matching and the added value of its insurance plus service model [7] - The focus for the second half of the year will be on enhancing the "insurance plus service" model, particularly in medical services, to address customer needs in a diversifying healthcare landscape [7]