Core Viewpoint - China Ping An has completed its 2025 Long-term Service Plan by purchasing 74.615 million H-shares, totaling approximately 3.875 billion RMB, with participation from around 83,024 employees, including several executives [2][4]. Summary by Sections Long-term Service Plan Completion - On September 17, China Ping An announced the completion of its 2025 Long-term Service Plan, acquiring 74.615 million H-shares, which represents 0.412% of the total share capital, at an average price of approximately 51.87 RMB per share [4][6]. Employee Participation and Shareholding - The shareholding ratio for directors, supervisors, and senior management in the Long-term Service Plan is 2.52%, while the remaining 97.48% is held by other employees [5]. - The funds for the stock purchase come from the employees' payable salary amounts, and participants can only apply for the plan's benefits upon retirement [5]. Historical Context and Comparison - The Long-term Service Plan has been implemented for seven consecutive years and is seen as an upgrade to the core personnel shareholding plan initiated in 2014 [7][8]. - The Long-term Service Plan has a broader coverage, with 83,024 participants compared to 2,263 in the core personnel plan, making it nearly 37 times larger [8]. Incentive Structure - The differing amounts of dividends received by employees are based on their contributions to the company, reflecting a value-oriented approach [9]. - The number of participants in the Long-term Service Plan surged from around 30,000 in its early years to approximately 90,000 in recent years, stabilizing around this figure [9][10].
平安2025员工长期服务计划落地,共8.3万名员工参与
第一财经·2025-09-18 14:29