Summary by Futu AI
On July 18, 2024, Ping An Insurance (Group) Co., Ltd. (referred to as "Ping An") issued an announcement detailing the differentiated bonus items involved in the distribution of profits at the end of 2023. As a financial advisor, Ping An Securities Co., Ltd. conducted a careful review of the differentiated bonus based on relevant laws and regulations and the company's articles of association. In 2021, Ping An decided to use its own funds of no less than 5 billion yuan and up to 10 billion yuan to repurchase A-share shares for employee share ownership plans. As of August 26, 2022, the company has repurchased a cumulative total of 102,592,612 A-share shares. According to regulations, repurchased shares do not participate in profit distribution, so the company decided...Show More