Summary by Futu AI
China Ping'an Insurance (Group) Co., Ltd. (“Ping'an China”) announced on 21 March 2024 its shareholder return plan for the next three years (2024-2026). The plan is designed to provide reasonable, stable and sustainable shareholder returns and share the company's operating results with shareholders, in accordance with the relevant notice of the Securities and Exchange Commission and the cash dividend guidelines of listed companies. Ping'an China will consider industry development trends, strategic and business development planning, profitability, capital requirements and regulatory policy requirements to ensure that the company's value is maximized. For the period 2024 to 2026, if the company's annual distributable profit is correct and meets regulatory and regulatory requirements, the annual dividend amount will be 20% to 50% of the net profit attributable to the shareholders of the parent company after the previous year's audit. Dividends can take the form of cash, shares, cash and shares combined or as permitted by other laws and regulations.