Securities code: 601318 securities abbreviation: Ping An Insurance (Group) Company Of China Ltd(601318) Announcement No.: pro 2022-005
Ping An Insurance (Group) Company Of China Ltd(601318) insurance (Group) Co., Ltd
Announcement on the progress of restructuring of Fangzheng group
The board of directors and all directors of insurance (Group) Co., Ltd. (hereinafter referred to as "the company") guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Overview of the situation
The company was posted on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 30, 2021, May 6, 2021 and July 6, 2021 respectively Issued the announcement of Ping An Insurance (Group) Company Of China Ltd(601318) insurance (Group) Co., Ltd. on participating in the reorganization of Founder group and a series of progress announcements, and disclosed that the consortium composed of Zhuhai HUAFA Group Co., Ltd. (on behalf of Zhuhai state owned assets), the company and Shenzhen tefa Group Co., Ltd. participated in Beida Founder Group Co., Ltd., Beida founder Information Industry Group Co., Ltd Peking University Medical Industry Group Co., Ltd., Peking University Resources Group Co., Ltd. and founder Industry Holding Co., Ltd. (hereinafter collectively referred to as the "restructuring subject") are substantially merged and restructured (hereinafter referred to as "this restructuring"), Ping An Insurance (Group) Company Of China Ltd(601318) Life Insurance Co., Ltd. (hereinafter referred to as "Ping An Life") participated in the reorganization on behalf of the company and signed the reorganization investment agreement for the reorganization (hereinafter referred to as "reorganization investment agreement"). The reorganization plan (Draft) of five companies including Peking University Founder Group Co., Ltd. based on the reorganization investment agreement was adopted by the creditors' meeting held by the reorganization body on May 28, 2021, It has been approved and came into force according to law by the civil ruling ((2020) Jing 01 Po No. 13-5) made by Beijing No. 1 Intermediate People's Court on June 28, 2021. 2、 Latest progress of this reorganization
According to the agreement on restructuring investment and the selection of creditor's rights settlement plan by the restructuring subject, Ping An Life Insurance plans to invest about 48.2 billion yuan to acquire about 66.51% of the equity of xinfangzheng holding Development Co., Ltd. (hereinafter referred to as "xinfangzheng group").
On January 30, 2022, Ping An Life received the reply of the China Banking and Insurance Regulatory Commission on the equity investment of Ping An Insurance (Group) Company Of China Ltd(601318) Life Insurance Co., Ltd. in xinfangzheng group (Yin Bao Jian Fu [2022] No. 81), and the China Banking and Insurance Regulatory Commission agreed to Ping An Life's investment in xinfangzheng group.
Ping An Life Insurance has met the basic conditions for participating in this reorganization, and it will actively promote the follow-up work agreed in the reorganization investment agreement and the reorganization plan with all parties.
The company will perform the obligation of continuous information disclosure on the follow-up progress of this reorganization. When investing in the company's shares or other potential investors, the company or other potential shareholders should act prudently.
It is hereby announced.
Board of directors of Ping An Insurance (Group) Company Of China Ltd(601318) insurance (Group) Co., Ltd
February 6, 2022
