Ping An Insurance (Group) Company Of China Ltd(601318) insurance (Group) Co., Ltd
Annual report on investor protection in 2021
Ping An Insurance (Group) Company Of China Ltd(601318) insurance (Group) Co., Ltd. (hereinafter referred to as "the company" or "the company" or "ping an") is committed to becoming an international leading personal financial life service group. Ping an actively responded to the "14th five year plan" development plan, promoted the upgrading of the "comprehensive finance + medical health" strategy, built a "comprehensive finance + HMO managed medical" service system, and actively laid out industrial ecosystems such as "Finance + pension" and "Finance + health" based on national strategies such as enhancing the level of financial services to the real economy, serving "Digital China" and "healthy China", Provide professional "financial consultant, family doctor and elderly care housekeeper" services. Ping An further promoted intelligent and digital transformation, used science and technology to help improve the quality and efficiency of financial business, improve the level of risk control, deeply applied innovative science and technology to the ecosystem of "financial services, medical health, automobile services and smart city", and used financial technology and medical ecological forces to create warm products and services, so as to realize "science and technology enabled finance, science and technology enabled ecology and ecological enabled finance". Ping An continues to optimize the comprehensive financial business model of "one customer, multiple products and one-stop service", relies on the localization advantages, practices the international standard corporate governance and operation management, and provides diversified products and convenient services for more than 227 million individual customers and 647 million Internet users. While continuing to focus on personal business development, Ping An also continued to deepen the "1 + n" service model of group business, meet the comprehensive financial needs of different customers, and steadily improve the value of group customers and the contribution of group business.
Since the initial public offering of H shares on the stock exchange of Hong Kong Limited in 2004 and A-Shares on the Shanghai Stock Exchange in 2007, the company has not only made efforts to create better performance and return the trust and support of investors, but also paid great attention to the protection of investors and safeguard the rights and interests of investors. In the past 2021, the company's work in investor protection was as follows: first, pay attention to shareholder returns and implement cash dividends twice a year
The company attaches great importance to the reasonable return on investment to investors. Since the listing of a shares, except for individual years, the company has implemented annual and Interim Cash dividends twice a year.
Under the continuous impact of covid-19 pneumonia in 2021, the company still pays an interim dividend of RMB 0.88 per share (including tax); In addition, the board of directors of the company proposed to distribute the final dividend of 2021 to the shareholders, with cash of RMB 1.50 per share (including tax). The decision-making procedure and mechanism of the above profit distribution plan are complete, the dividend standard and proportion are clear and clear, in line with the provisions of the articles of association and relevant review procedures, and fully protect the legitimate rights and interests of investors. 2、 Adequate information disclosure
In strict accordance with the requirements of laws and regulations and the articles of association, the company truthfully, accurately, completely, timely and fairly discloses all information of the company to ensure that all shareholders have equal access to information and there is no violation of information disclosure regulations. In the whole year of 2021, the company did not have any correction of major accounting errors, supplement of major missing information and correction of performance forecast. The company has continuously strengthened the level of information disclosure in professional fields, led the industry to disclose more refined financial and actuarial data that can better reflect the company's value, and continuously disclosed operating profit, free cash flow analysis, profit driven model, customer operation data, profit data of science and technology sector, support data of science and technology sector for main financial industry, development of science and technology business, etc. In addition, the company further consolidated and deepened its sustainable development strategy, fully integrated ESG (environmental, social and Governance) standards into enterprise management, and disclosed them in the annual report and the company's website.
The company strictly abides by the Listing Rules of the two exchanges and fully makes public information disclosure. At the same time, it is posted on the official website (www.pingan. CN.) The "investor relations" column is set up as a platform for communication with shareholders and investors, so that the public can browse the business development and operation, financial information, corporate governance practices and other data of the company.
Based on the principles of compliance, objectivity, consistency, timeliness, interaction and fairness, the company adheres to actively, enthusiastically and efficiently providing services to institutional and individual investors outside China, enhancing mutual understanding between investors and the company, improving the level of corporate governance and realizing the fair enterprise value of the company. 3、 Comprehensively strengthen communication with investors
Throughout 2021, facing the impact of covid-19 pneumonia, the company still actively strengthened communication with the capital market on the company's comprehensive financial strategy, customer operation, layout of medical and health circle and the company's main business. The company explained the annual, semi annual and quarterly performance of the company through public briefing, video and teleconference, on-site and online roadshow, which deepened the understanding and communication of the capital market to the company. In addition to actively maintaining good communication with institutional investors, in order to better serve small and medium-sized investors and protect their rights and interests, the company communicates with small and medium-sized investors through various channels, including but not limited to Shanghai Securities e interactive platform, company website, email and telephone.
Throughout 2021, the company organized one on-site performance conference, one online performance conference and two telephone performance conferences, participated in 43 meetings of investment banks and securities companies outside China, and received 365 investigations from investors / analysts outside China. In addition, the company is committed to strengthening the collection of capital market analysis reports and shareholder information, attaches great importance to the issues concerned by investors and suggestions, further improves the company's operation and management and corporate governance, and strives to improve the internal process and system construction, so as to provide more convenient services for investors in a targeted and efficient manner. 4、 Implement the employee stock ownership plan and strengthen the close binding of the interests of shareholders, the company and employees
In order to realize the consistency of the interests of shareholders, the company and employees and further improve corporate governance, the company has established an employee stock ownership plan. Specifically, it includes: the core personnel shareholding plan implemented since 2015 after being deliberated at the 16th meeting of the ninth board of directors held on October 28, 2014 and approved by the first extraordinary general meeting of shareholders held on February 5, 2015; The long-term service plan implemented since 2019 was reviewed at the third meeting of the 11th board of directors held on October 29, 2018 and approved by the second extraordinary general meeting of shareholders held on December 14, 2018.
Since the implementation of the core personnel shareholding plan and the long-term service plan, the company has operated steadily and shared the interests and risks of shareholders, the company and employees, which has provided a strong guarantee for further improving the company's governance structure, establishing and improving the company's long-term incentive and restraint mechanism, and promoting the company's long-term, sustainable and healthy development.
5、 Maintain stock price stability and launch share repurchase plan
Based on the recognition of the company's long-term investment and long-term interests, the company will establish and improve the long-term incentive mechanism for the company's shareholders in 2021, and create long-term value for the continuous development of the company.
As of December 31, 2021, the company's two share repurchase plans have repurchased 147771893 A shares of the company through the trading system of Shanghai stock exchange through centralized bidding, accounting for 080837% of the total share capital of the company, and the total amount of funds paid is nearly 10 billion yuan (excluding transaction costs).
6、 Facilitate investors' participation in corporate governance
In order to implement the requirements of China Securities Regulatory Commission on the full use of online voting in the general meeting of shareholders of listed companies, the general meeting of shareholders of the company adopts a combination of on-site voting and online voting, which further facilitates the voting of investors. In addition, the directors and supervisors of the company actively attended all previous general meetings of shareholders. At the same time, each general meeting of shareholders set up a question and answer session for shareholders. The chairman, general manager and other main leaders of the company directly replied to the concerns of investors face to face, providing a convenient and fast channel for investors to understand Ping An and participate in the governance of the company.
In the future, the company will continue to implement the opinions of the general office of the State Council on Further Strengthening the protection of the legitimate rights and interests of small and medium-sized investors in the capital market (GBF [2013] No. 110) and the relevant requirements of the CSRC for the protection of investors, and further strengthen the protection of the legitimate rights and interests of investors with the consistent purpose of "openness, fairness and impartiality".
Ping An Insurance (Group) Company Of China Ltd(601318) insurance (Group) Co., Ltd. March 17, 2022
