Ping An declares interim dividend, adjusts convertible bond prices after strong H1 2025

Ping An Insurance (Group) of China, Ltd. announced an interim dividend of RMB0.95 per share (tax inclusive) for the six months ended June 30, 2025, payable on October 24, 2025. This dividend reflects a 2.2% year-on-year increase and follows a period of strong performance, with operating profit after tax attributable to shareholders rising 3.7% to RMB77,732 million. Total revenue reached RMB546,469 million, driven by solid growth in core businesses.

In conjunction with the dividend, Ping An also announced adjustments to the conversion prices of its convertible bonds. The 2024 Convertible Bonds' conversion price will be adjusted from HK$41.19 to HK$40.49 per H Share, effective September 19, 2025. Similarly, the 2025 Convertible Bonds' initial conversion price will be adjusted from HK$55.02 to HK$54.00 per H Share. These adjustments account for the capital distribution from the interim dividend.

The company's financial highlights for H1 2025 include a 39.8% year-on-year increase in Life & Health NBV, a 7.1% rise in Ping An P&C’s premium income, and Ping An Bank’s net profit of RMB24,870 million. These results underscore Ping An's continued focus on its "integrated finance + health and senior care" strategy, which has contributed to strong customer growth and enhanced asset quality across its diverse operations.