PING AN INSURANCE GROUP COMPANY Ping An Insurance (Group)
Company of China, Ltd.
Summary of Solvency Report
for
First Half of 2023
Company Overview and Reporting Contact
Company name (Chinese): | 中国平安保险（集团）股份有限公司 |
Company name (English): | Ping An Insurance (Group) Company of China, Ltd. |
Legal representative: | Ma Mingzhe |
Registered address: | 47th, 48th, 109th, 110th, 111th and 112th Floors, |
Ping An Finance Center, | |
No.5033 Yitian Road, | |
Futian District, | |
Shenzhen | |
Registered capital: | RMB18,210,234,607 |
Corporate license number of insurance institution: 000016 | |
Business commencement date: March 21, 1988 | |
Business scope: | Investing in insurance enterprises, supervising and |
managing the domestic and international | |
businesses of subsidiaries, engaging in insurance | |
fund utilization, conducting domestic and | |
international insurance business as approved by | |
regulators, and other businesses approved by the | |
insurance regulator and relevant government | |
agencies | |
Reporting contact: | Zhang Yuexin |
Office telephone: | 0755-22625793 |
Mobile phone: | 15389205316 |
Email address: | zhangyuexin204@pingan.com.cn |
Note:
The Summary of Solvency Report for First Half of 2023 is prepared in accordance with relevant regulations of the former China Banking and Insurance Regulatory Commission (the "CBIRC"), including the Regulatory Rules on Solvency of Insurance Companies (II) (the "C-ROSSPhase II").
CONTENTS | |
...........................................................1 | |
III. Operation of Major Member Companies | 10 |
IV. Opinions from External Institutions | 16 |
V. Solvency Statements | 17 |
VI. Management Discussion and Analysis | 19 |
VII. Significant Events | 20 |
VIII. Risk Management Capability | 22 |
IX. Integrated Risk Rating | 29 |
I. Statement by the Board of Directors and the
Management
This report has been approved by the Board of Directors of Ping An Insurance (Group) Company of China, Ltd. (hereinafter referred to as "Ping An," the "Company" or the "Group"). The Board of Directors and the management of the Company warrant that the information contained in this report is true, accurate, complete and legally compliant and there are no false representations, misleading statements contained in or material omissions from this report, and severally and jointly accept legal responsibility for the above.
The statement is hereby given.
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II. Basic Information of the Group
(I) Shareholding Structure, Shareholders and Their Changes
(1) Shareholding Structure and Its Changes
January 1, 2023 | Changes during the Reporting Period | June 30, 2023 | ||||||||
Issue | Transfer | |||||||||
Number of | Percentage of new | Bonus | from | Percentage | ||||||
Unit: Shares | shares | (%) | shares | issue | reserve | Others | Subtotal | Number of shares | (%) | |
I． Selling-restricted shares | - | - | - | - | - | - | - | - | - |
- Selling-unrestrictedcirculating shares
1. | RMB ordinary shares | 10,832,664,498 | 59.26 | - | - | - | -70,006,803(1) | -70,006,803(1) | 10,762,657,695 | 59.10 |
2. | Domestically listed | - | - | - | - | - | - | - | - | - |
foreign shares | ||||||||||
3. | Overseas listed foreign | 7,447,576,912 | 40.74 | - | - | - | - | - | 7,447,576,912 | 40.90 |
shares | ||||||||||
4. | Others | - | - | - | - | - | - | - | - | - |
Subtotal | 18,280,241,410 | 100.00 | - | - | - | -70,006,803(1) | -70,006,803(1) | 18,210,234,607 | 100.00 | |
III. Total number of shares | 18,280,241,410 | 100.00 | - | - | - | -70,006,803(1) | -70,006,803(1) | 18,210,234,607 | 100.00 |
Note: (1) The decrease of 70,006,803 A shares during the Reporting Period was due to the cancellation of repurchased shares.
(2) Shareholdings of Top Ten Shareholders as at the End of the Reporting Period
Changes | Number of | Number of | ||||||
during the | selling- | pledged, | ||||||
Shareholding Total number of | Reporting | restricted | marked or | |||||
Nature of | percentage | shares held | Period | Type of | shares held | frozen shares | ||
Name of shareholder | shareholder(1) | (%) | (shares) | (shares) | shares | (shares) | (shares) | |
Hong Kong Securities Clearing | Overseas | legal | 38.17 | 6,950,658,497(3) | +214,005,428 H Share | - | Unknown | |
Company Nominees Limited(2) | person | |||||||
Shenzhen Investment Holdings | State-owned | 5.29 | 962,719,102 | - A Share | - | 341,740,000 | ||
Co., Ltd. | legal person | pledged shares | ||||||
Hong Kong Securities Clearing | Others | 3.88 | 706,870,002 | -893,989 A Share | - | - | ||
Company Limited(4) | ||||||||
China Securities Finance | Others | 3.01 | 547,459,258 | - A Share | - | - | ||
Corporation Limited | ||||||||
Business Fortune Holdings | Overseas | legal | 2.62 | 476,946,469 | +5,271,637 | H Share | - | 315,217,401 |
Limited | person | pledged shares | ||||||
Central Huijin Asset | State-owned | 2.58 | 470,302,252 | - | A Share | - | - | |
Management Ltd. | legal person | |||||||
Long-term Service Plan of | ||||||||
Ping An Insurance (Group) | Others | 1.93 | 350,975,208 | +96,511,624 | A Share | - | - | |
Company of China, Ltd.(5) | ||||||||
Shum Yip Group Limited | State-owned | 1.42 | 257,728,008 | - | A Share | - | - | |
legal person | ||||||||
Dacheng Fund - Agricultural | ||||||||
Bank of China - Dacheng | Others | 1.11 | 201,948,582 | - | A Share | - | - | |
Zhongzheng Financial Asset | ||||||||
Management Plan | ||||||||
Huaxia Fund - Agricultural | ||||||||
Bank of China - Huaxia | Others | 1.10 | 199,511,462 | - | A Share | - | - | |
Zhongzheng Financial Asset | ||||||||
Management Plan
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Disclaimer
Ping An Insurance (Group) Co. of China Ltd. published this content on 29 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2023 10:37:05 UTC.
