According to the stock dividend plan, Lukou (06623.HK) announced that it will issue approximately 509 million new shares to its controlling shareholder Ping An Insurance (02318.HK). After completion, Ping An Insurance's stake in the company will increase from 41.4% to 56.82%, making it its non-wholly owned subsidiary. At the same time, Ping An Insurance is required to make a mandatory general offer at a price of 8.803 yuan per share, which is a 28.4% discount to Lukou's trading price on the previous trading day (3rd).

Ping An Insurance has no intention to privatize Lukou and intends to maintain its status as a listed company.