Ping An Bank approves related-party transactions, bond issuance

Ping An Bank (SZSE:000001) has announced the approval of several key resolutions during its Twelfth Session of the Board of Directors, Thirty-Eighth Meeting, signaling a strategic direction for the coming year. A primary focus is a related-party transaction, granting Founder Securities, a fellow subsidiary of China Ping An Insurance, an increase and renewal of its interbank comprehensive credit line of CNY2 billion, extending until January 23, 2026. This transaction, constituting 0.40% of Ping An Bank's net assets, falls under related-party transaction regulations.