ZhongAn Insurance to fully redeem $360.1m in USD notes by early 2026

ZhongAn Online P&C Insurance Co., Ltd. announced its decision to redeem all outstanding U.S.$360,100,000 notes on January 13, 2026. This redemption will be executed at the principal amount, along with accrued interest up to, but excluding, the redemption date. The notes comprise U.S.$300,000,000 3.50% notes due 2026 and U.S.$100,000,000 3.50% notes due 2026, which were consolidated into a single series.

Following the redemption and cancellation of these notes, no notes will remain in issue. The issuer plans to apply to The Stock Exchange of Hong Kong Limited for the withdrawal of the notes' listing. This action is being taken pursuant to Condition 5(d) (Optional Redemption) of the notes' terms and conditions.

As of December 9, 2025, ZhongAn Online P&C Insurance Co., Ltd.'s board of directors includes two executive directors, five non-executive directors, and four independent non-executive directors. The company carries on business in Hong Kong as "ZA Online Fintech P&C."