Core Viewpoint - China Ping An Life Insurance Co., Ltd. has disclosed information regarding its investment in China Pacific Insurance (Group) Co., Ltd. (China Taibao), indicating that it has acquired 5% of the H-shares, triggering a mandatory disclosure under Hong Kong regulations [1][2]. Group 1: Basic Information - Stock Name and Code: China Taibao (2601.HK) [1] - Transaction Date: August 12, 2025, when the investment reached 5% of the H-share capital [1]. - Announcement Date: August 15, 2025, as per Hong Kong Securities and Futures Ordinance [2]. Group 2: Financial Data - As of March 31, 2025, the total assets of the company were CNY 5,383.19 billion, with net assets of CNY 358.04 billion and a comprehensive solvency adequacy ratio of 227.92% [3]. - The book balance of the investment in China Taibao H-shares as of August 12, 2025, was CNY 4.372 billion, representing 0.08% of the total assets as of the previous quarter [7]. - The book balance of equity assets as of March 31, 2025, was CNY 1,097.2 billion, accounting for 23.26% of the total assets [9]. Group 3: Transaction Details - The investment was made through a competitive bidding process [11]. - The funding source for the investment in China Taibao H-shares is the company's insurance liability reserves [12]. Group 4: Management and Reporting - The management of the investment is conducted through a delegated investment approach [12]. - The company will report the situation to the National Financial Regulatory Administration in accordance with relevant regulations [12].
中国平安人寿保险股份有限公司关于委托投资中国太平洋保险(集团)股份有限公司H股股票举牌的信息披露公告