Zhong Guo Jing Ying Bao·2026-02-13 12:54Capital Increase - On February 11, 2026, Ping An Life Insurance increased its registered capital from 33.8 billion RMB to 36 billion RMB [1] - In April 2025, Ping An Life announced that all shareholders planned to inject approximately 19.999 billion RMB into the company [1] - The capital increase was completed with shareholders subscribing to new shares in proportion to their existing holdings, with China Ping An subscribing to any shares not taken up by other shareholders [1] Solvency Position - As of September 30, 2025, Ping An Life's core solvency ratio was 134.52%, and the comprehensive solvency ratio was 185.68%, indicating a sufficient level of solvency [1] - The increase in core capital was attributed to the capital increase, profit retention, reclassification of bonds, and issuance of perpetual capital bonds [1] - The minimum capital requirement increased due to risks associated with overseas equity asset prices [1]