Summary of Solvency Report of Ping An for 1H23

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:

[email protected]

CONTENTS

I. Statement by the Board of Directors and the Management

...........................................................1

II. Basic Information of the Group

2

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

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

-

-

-

-

-

-

-

-

-

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

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