Group 1 - The event on September 18, 2025, was part of the National Cybersecurity Publicity Week, focusing on the themes of "Cybersecurity for the People" and "Zero Distance Between Police and Citizens" [1] - Ping An, a leading global "comprehensive finance + healthcare and elderly care" group, emphasizes its responsibility in building cybersecurity and protecting over 240 million personal customers' information and property security [1] - The rapid development of the internet and artificial intelligence has highlighted the importance of cybersecurity as a key guarantee for social and national stability [1] Group 2 - Ping An Good Doctor formed a professional volunteer team to provide emergency support during the cybersecurity publicity event, ensuring the health and safety of attendees [1] - The company has long adhered to the principle of "finance for the people" and actively engages in volunteer services and educational public welfare projects [1] - Ping An Good Doctor aims to leverage technology and resources to participate in social welfare and security projects, contributing to the construction of a healthy China and a strong cyber nation [1]

摩根士丹利发布研报称，基于中期业绩，将中国平安（601318）(02318)2025至2027年每股经营利润预 测分别上调1.9%、0.4%及0.6%，新业务价值预测分别上调3.8%、3.9%及1.3%，以反映新业务价值利润 率改善，目标价则由69港元升至70港元，相当于预测今年市账率1.2倍，维持"增持"评级。该行预期， 平安将进入降风险后期阶段，随着中国房地产市场及风险周期逐步见底，其核心人寿业务凭借稳定经纪 队伍、提升经纪生产力及低于同业的负债成本，或能实现高质量增长。 ...

智通财经APP获悉，摩根士丹利发布研报称，基于中期业绩，将中国平安(02318)2025至2027年每股经营 利润预测分别上调1.9%、0.4%及0.6%，新业务价值预测分别上调3.8%、3.9%及1.3%，以反映新业务价 值利润率改善，目标价则由69港元升至70港元，相当于预测今年市账率1.2倍，维持"增持"评级。该行 预期，平安将进入降风险后期阶段，随着中国房地产市场及风险周期逐步见底，其核心人寿业务凭借稳 定经纪队伍、提升经纪生产力及低于同业的负债成本，或能实现高质量增长。 ...

摩根士丹利发表研究报告指，基于中期业绩，将中国平安2025至2027年每股经营利润预测分别上调 1.9%、0.4%及0.6%，新业务价值预测分别上调3.8%、3.9%及1.3%，以反映新业务价值利润率改善，目 标价则由69港元上调至70港元，维持"增持"评级。该行预期，随着中国房地产市场及风险周期逐步见 底，中国平安核心人寿业务凭借稳定经纪队伍、提升经纪生产力及低于同业的负债成本，或能实现高质 量增长。 ...

Core Viewpoint - China Ping An (601318)(02318) announced that it will distribute an interim dividend of 0.95 yuan per share on October 24, 2025 [1] Group 1 - The interim dividend amount is set at 0.95 yuan per share [1] - The distribution date for the dividend is scheduled for October 24, 2025 [1]

Core Viewpoint - China Ping An (02318) announced that it will distribute an interim dividend of 0.95 yuan per share on October 24, 2025 [1] Summary by Relevant Categories - **Company Announcement** - The company will pay an interim dividend of 0.95 yuan per share [1]

About Us [Who We Are](index=3&type=section&id=Who%20We%20Are) The company has developed into a leading international "integrated finance + healthcare and elderly care" service group, ranking first in global insurance group brand value, serving nearly 247 million individual customers and over 4 million group customers, and listed in Hong Kong and Shanghai - The company is a leading international "integrated finance + healthcare and elderly care" service group, ranking first in global insurance group brand value[11](index=11&type=chunk) - Serves a large number of customers, covering nearly **247 million** individual customers and over **4 million** group customers[11](index=11&type=chunk) - The company is dual-listed on the Main Board of The Stock Exchange of Hong Kong (2318.HK) and the Shanghai Stock Exchange (601318.SH)[11](index=11&type=chunk) [Company Mission](index=4&type=section&id=Company%20Mission) The company is committed to becoming a leading international integrated financial, healthcare, and elderly care service group, upholding the philosophy of "Expertise Makes Life Simpler" by providing "worry-free, time-saving, and cost-effective" services to address customer pain points in finance, healthcare, and elderly care - The company's mission is to become a leading international integrated financial, healthcare, and elderly care service group, creating value for customers, employees, shareholders, and society[14](index=14&type=chunk) - Upholds the philosophy of "Expertise Makes Life Simpler," providing "worry-free, time-saving, and cost-effective" services[14](index=14&type=chunk)[15](index=15&type=chunk) - Achieves customer peace of mind, efficiency, convenience, and cost optimization through professional advisors, online/offline services, and integrated benefits[16](index=16&type=chunk)[17](index=17&type=chunk)[18](index=18&type=chunk) [Era Opportunities](index=5&type=section&id=Era%20Opportunities) China's economy enters a medium-to-high-speed growth phase, with an expanding middle class and accelerating population aging, driving strong demand for "insurance + services," efficient healthcare, and high-quality elderly care, ushering in a golden development period for the life insurance industry - China's economy is entering a medium-to-high-speed growth phase, with the middle-class population continuously expanding, projected to account for **one-third of the global total by 2030**[20](index=20&type=chunk)[21](index=21&type=chunk)[25](index=25&type=chunk) - Population aging is accelerating, with the proportion of people aged **65 and above expected to exceed 20% by 2030**, and the silver economy's scale potentially reaching **RMB 30 trillion by 2035**[20](index=20&type=chunk)[23](index=23&type=chunk)[26](index=26&type=chunk) - Healthcare demand is growing, with the total scale of the health service industry projected to reach **RMB 16 trillion by 2030**, but facing challenges such as uneven resource allocation[22](index=22&type=chunk)[27](index=27&type=chunk) [Company Strategy](index=6&type=section&id=Company%20Strategy) The company continues to deepen its "integrated finance + healthcare and elderly care" strategy, building core competitiveness through "service differentiation," leveraging technology to provide comprehensive financial advisory, family doctor, and elderly care management professional services, achieving service enhancement, efficiency improvement, cost reduction, and risk prevention - The company deepens its "integrated finance + healthcare and elderly care" strategy, building core competitiveness through "service differentiation"[28](index=28&type=chunk) - In integrated finance, it builds a "one customer, multiple accounts, diverse products, one-stop service" system to enhance customer loyalty[30](index=30&type=chunk) - In healthcare and elderly care, it represents the payer to integrate suppliers, providing cost-effective healthcare and elderly care services, and building professional family doctors and elderly care managers[33](index=33&type=chunk)[34](index=34&type=chunk) - Technology empowerment is central, utilizing AI large models, big data, and other technologies to achieve digital operations, management, and marketing, driving the transformation from "experience-based decision-making" to "data-driven decision-making"[36](index=36&type=chunk) - Technology empowerment yields significant results: AI doctors accurately diagnose over **10,000 diseases**, **94%** of life insurance policies are underwritten in seconds, AI customer service covers **80%** of total service volume, and property insurance anti-fraud intelligent claims interception reduces losses by **RMB 6.44 billion**[38](index=38&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk) [Operating Highlights](index=10&type=section&id=Operating%20Highlights) In the first half of 2025, the Group maintained stable operations, with operating profit attributable to shareholders increasing by 3.7% year-on-year, and interim dividend per share growing by 2.2%; life and health insurance new business value surged by 39.8%, property and casualty insurance business grew steadily with optimized combined ratio; bank net profit remained stable with sound asset quality; integrated finance and healthcare & elderly care strategies continued to deepen, improving customer operating efficiency, and the brand value ranked first globally for insurance brands Group Key Financial Indicators for H1 2025 | Indicator | Amount/Ratio | Year-on-year/vs. beginning of year change | Notes | | :--- | :--- | :--- | :--- | | Operating Profit Attributable to Parent Company Shareholders | RMB 77.732 billion | 3.7% increase | | | Net Profit Attributable to Parent Company Shareholders | RMB 68.047 billion | - | | | Operating Revenue | RMB 546.469 billion | - | | | Equity Attributable to Parent Company Shareholders | RMB 943.952 billion | 1.7% increase | vs. beginning of year | | Interim Dividend Per Share | RMB 0.95 | 2.2% increase | | | Life & Health Insurance New Business Value | 39.8% increase | - | | | Property & Casualty Insurance Gross Written Premiums | RMB 171.857 billion | 7.1% increase | | | P&C Overall Combined Ratio | 95.2% | 2.6 percentage points optimization | | | Bank Net Profit | RMB 24.870 billion | - | | | Bank NPL Ratio | 1.05% | - | | | Individual Customers | Nearly 247 million | 1.8% increase | vs. beginning of year | | Retention Rate of Customers Holding 4+ Group Contracts | 97.8% | - | | | Contribution of Healthcare & Elderly Care Ecosystem Service Rights to Life Insurance NBV | Nearly 70% | - | | | Cumulative Investment in Real Economy | Nearly RMB 10.80 trillion | - | | | Brand Finance Global Insurance Brand Value Top 100 Ranking | 1st place | Ranked first for nine consecutive years | | [Chairman's Statement](index=12&type=section&id=Chairman's%20Statement) The Chairman emphasized the company's inheritance of the Special Economic Zone spirit, reshaping financial models through technological innovation, deepening the "integrated finance + healthcare and elderly care" strategy, leveraging AI technology to achieve service differentiation, enhance customer experience, and actively fulfill social responsibilities; in the first half, the Group maintained stable operations, with significant growth in life insurance new business value, strong performance in property and casualty insurance and banking, deepened implementation of the healthcare and elderly care strategy, and remarkable achievements in technology application - The company inherits the spirit of the Special Economic Zone, driving technological transformation with AI as the core, exploring innovation boundaries, and making financial services inclusive[59](index=59&type=chunk)[60](index=60&type=chunk) - In the first half of 2025, the Group's operating profit attributable to parent company shareholders was **RMB 77.732 billion**, a **3.7%** year-on-year increase; net profit was **RMB 68.047 billion**[61](index=61&type=chunk) - Life and health insurance new business value surged by **39.8%** year-on-year, with policy persistency remaining high[61](index=61&type=chunk)[66](index=66&type=chunk) - Property and casualty insurance gross written premiums were **RMB 171.857 billion**, a **7.1%** year-on-year increase; combined ratio was **95.2%**, optimizing by **2.6 percentage points** year-on-year[67](index=67&type=chunk) - Bank net profit was **RMB 24.870 billion**, non-performing loan ratio was **1.05%**, provision coverage ratio was **238.48%**, with overall stable asset quality[67](index=67&type=chunk) - Healthcare and elderly care strategy deepened, with nearly **63%** of individual customers enjoying healthcare and elderly care ecosystem service rights, and Ping An Family Doctor members exceeding **35 million**[68](index=68&type=chunk)[69](index=69&type=chunk) - AI technology is widely applied, with large model calls reaching **818 million**, assisting sales of **RMB 66.157 billion**, and property insurance anti-fraud intelligent claims interception reducing losses by **RMB 6.44 billion**[71](index=71&type=chunk) - Actively fulfills social responsibilities, with cumulative investment of nearly **RMB 10.80 trillion** supporting real economy development, and MSCI ESG rating upgraded to **AA**[72](index=72&type=chunk) [Financial Summary](index=16&type=section&id=Financial%20Summary) This section provides key financial indicators for the Group and its business segments in the first half of 2025, including operating profit, net profit, assets and liabilities, solvency, new business value, combined ratio, and non-performing loan ratio, comprehensively demonstrating the company's stable operating performance and growth trends across all businesses Group and Segment Key Financial Indicators for H1 2025 | Indicator | H1 2025 (RMB million/%) | H1 2024 (RMB million/%) | Change (%) / Percentage Points | | :--- | :--- | :--- | :--- | | **Group Performance** | | | | | Operating Profit Attributable to Parent Company Shareholders | 77,732 | 74,986 | 3.7% | | Net Profit Attributable to Parent Company Shareholders | 68,047 | 74,619 | -8.8% |

免責聲明 | 灣仔 | | | | | --- | --- | --- | --- | | 香港 | | | | | 代扣所得稅信息 | | | | | 詳情請參見本公司截至2025年6月30日止6個月的未經審計業績公告之"上市證券持有人 | | | | | 所享有的稅項減免資料"章節所載内容。 | | | | | 股東類型 | | 稅率 | 有關代預扣所得稅之更多補充 | | | | | （如適用） | | 非居民企業 | | | | | （非中國內地登記地址） | | 10% | 本公司向於股權登記日名列本公司 | | | | | 股東名冊的H股非居民企業股東 | | | | | （包括香港中央結算（代理人）有 | | | | | 限公司）派發股息時，有義務代扣 | | | | | 代繳10%的企業所得稅。 | | 非個人居民 | | | | | （非中國內地登記地址） | | 10% | 境外居民個人股東從境內非外商投 | | | | | 資企業在中國香港發行的股票取得 | | | | | 的股息紅利所得，本公司有義務代 | | | | | 扣代繳個人所得稅，稅率一般為 | | | | | 10%，但是 ...

+ CCS3415 PIAH + NAME(S) AND ADDRESS OF REGISTERED SHAREHOLDER(S) 登記股東之姓名及地址 DIVIDEND CURRENCY ELECTION FORM FOR 2025 INTERIM DIVIDEND OF RMB 0.95 PER SHARE ("2025 INTERIM DIVIDEND") 二零二五年中期股息每股人民幣 0.95 元（「二零二五年中期股息」） 股息貨幣選擇表格 Compliance by the Company with the authorization as set out in this Dividend Currency Election Form will discharge it from all liabilities in respect of dividends so paid. For the avoidance of doubt, the Company will not accept any special instructions written on this form. 本公司按照本股息貨幣 ...

Core Viewpoint - The article emphasizes the importance of financial services in enhancing people's lives and ensuring financial security, particularly in the context of China's push towards common prosperity. It highlights China Ping An's commitment to "finance for the people" through comprehensive protection systems and innovative service practices [1][13]. Group 1: Financial Services and Consumer Protection - China Ping An has established a comprehensive consumer protection system that integrates consumer rights into product design, ensuring clarity and fairness in financial products [11][12]. - The company actively engages in financial education and outreach, conducting over 30,000 activities in 2024, reaching more than 1.5 billion consumers [11][12]. - Ping An's customer service has been enhanced with a dual-mode approach, combining AI and human support, particularly focusing on elderly clients to bridge the digital divide [11][12]. Group 2: Emergency Response and Social Responsibility - In response to natural disasters, China Ping An has implemented an emergency response mechanism, providing timely assistance and support to affected communities [2][3]. - The company has demonstrated its commitment to social responsibility by mobilizing resources for disaster relief, including rapid claims processing and on-site support during emergencies [2][3]. Group 3: Health Management and Global Services - China Ping An has launched the "Ping An 24" global rescue service, providing comprehensive cross-border support for clients facing emergencies abroad [5][6]. - The company is also focused on health management, aligning with national health initiatives to offer integrated medical and insurance services, enhancing preventive care and early diagnosis [6][7]. Group 4: Inclusive Finance and Community Support - Ping An's strategy includes promoting inclusive finance, targeting small and micro enterprises, the elderly, and rural communities to bridge financial service gaps [8][9]. - The company has initiated various financial products and services tailored to meet the needs of different demographics, including health insurance for new residents and long-term care insurance for the elderly [9][10]. Group 5: Commitment to Innovation and Future Goals - China Ping An is committed to redefining financial services through technology and innovation, aiming to make financial services more accessible and user-friendly [13][14]. - The company plans to continue enhancing its service model to ensure that financial services are simple, transparent, and efficient, ultimately supporting individuals in achieving a better quality of life [13][14].