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Ping An Insurance (Group) Company of China, Ltd. (Ping An or our company) is one of Chinas leading personal financial services groups. Since its inception.

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Presentation on theme: "Ping An Insurance (Group) Company of China, Ltd. (Ping An or our company) is one of Chinas leading personal financial services groups. Since its inception."— Presentation transcript:

1 Ping An Insurance (Group) Company of China, Ltd. (Ping An or our company) is one of Chinas leading personal financial services groups. Since its inception in 1988, Ping An has become one of the foremost integrated financial service group offering mainly insurance, banking, investment products and services. Backed by our integrated financial structure, local expertise and best practices in corporate governance by its international standards, we provide insurance, banking and investment services to nearly 80 million customers, and achieved a net profit attributable to shareholders of the parent company RMB 20,050 million. Cities where the branches of the principal businesses of Ping An are located. Establish a core business structure with the insurance, banking and investment businesses of the Group. Build an integrated financial services platform with a model of one customer, one account, multiple products and one-stop services; Grow our customer base and assets to be the market leader; Achieve a sustainable growth of profits and provide shareholders with stable returns on a long-term basis. Ping An Insurance (Group) Company of China, Ltd. (HKEx Stock Code: 2318, SSE Stock Code: , ADR PNGAY US) In 2012, our insurance business continued its steady and healthy growth. Ping An Life continued to focus on value creation under the core strategy of Reaching New Heights and Two-Tier Development, written premiums generated by our life insurance business amounted to RMB191,473 million, among which, written premiums from the more profitable individual life insurance business recorded an increase of 10.0%. Ping An Property & Casualty continued to implement its business strategy of professional operations and leading services, which led to a significant increase of 18.5% in premium income to RMB98,786 million, and the market share increased by 0.5 percentage points compared with Of that amount, RMB28,530 million came from the automobile insurance telesales business, representing a 26.5% growth. Its combined ratio was 95.3%, demonstrating good and stable profitability. Ping An Annuity maintained its leading position in the industry in terms of assets under corporate annuity schemes and annuity management fees income. Through the Vitality health promotion program, Ping An Health launched a high-end medical insurance product that provides medical coverage and rewards those arousing a healthy lifestyle. As the first-of-its-kind in China, the product will give Ping An Health a definitive competitive edge in the industry. In 2012, the banking business realized a net profit of RMB13,232 million, up by 65.9% as compared with 2011, and contributed RMB6,870 million to the Group, representing a proportion of 34.3%, growing from 26.4% in As at December 31, 2012, total deposits amounted to RMB1,021,108 million, representing an increase of 20.0%, total loans amounted to RMB720,780 million, representing an increase of 16.1%. trade finance facilities balance amounted to RMB billion, representing an increase of 23.1% as compared with the end of 2011; while credit cards in force (CIF) reached 11 million. On January 14, 2013, the consolidation of the two banks systems was completed and went live online, marking the full completion of the three-year-long consolidation exercise. Ping An Trust recorded stable growth in its private wealth management business, the cumulative number of high net-worth customers surpassed 18,000. Ping An Securities successfully sponsored 14 IPOs and two refinancing projects as the lead underwriter; ranking third in terms of deal numbers and underwriting revenue for IPOs. It also completed 44 bond issuance projects as the lead underwriter, with the number of deals rising by 159% compared with last year. The investment management business remains innovative and has successfully launched three HKEx-listed ETF funds, strengthening the influence of Ping Ans investment brand in the overseas market. Introduction Strateg ic Positioning CompanyNetwork Insurance Banking Vision BusinessesHighlights Maintain a healthy and steady development of property and casualty insurance and life insurance businesses and promote their market competitiveness to achieve a stable increase in market share; Expand new service areas such as corporate annuity business and health insurance business. Develop an integrated banking business by fully utilizing various resources including customers, products, channels and platforms to gradually capture synergies across our businesses; Build the banking business into a core pillar of the Groups integrated financial services business that will offer customers a one- stop service for multiple financial products. Build and grow investment capabilities and establish an advanced investment platform; Strengthen the asset-liability- management process and implement a sophisticated risk control mechanism; Develop and strengthen third-party assets management business to provide customers with multiple and high-quality investment products and to become the leader in Chinas wealth management market. Investment value value DISTINCTIVE COMPETITIVE ADVANTAGES Maintain stable and healtlhy growth acros the Groups business on the back of Chinas robust economic development; An active promoter of reform and innovation in various areas, Ping An remains a trailblazer in the industry; The leading personal financial services group in China with the largest number of financial service licenses, the widest range of business offerings, and the most closely guarded governance structure; Growing cost advantages and synergies supported by a powerful back office centralization operating platform; the immense power of leading technology sets a solid foundation for the best service experience to customers. SOUND CORPORATE GOVERNANCE SYSTEM Corporate duties served by our comprehensive system: the Three Committees operate independently and in compliance with the law; the professional committees and the Executive Committee under the Board conduct decision-making and implementation, respectively; A clear development strategy, a unique corporate culture, and an international and professional management team; A leading and comprehensive risk management system; A disclosure mechanism characterized by truthfulness, accuracy, completeness, timeliness and fairness; An investor relations function that operates with rigor, enthusiasm and effectiveness. FULL COMMITMENT TO SOCIAL CORPORATE RESPONSIBILITY Commitment to shareholders: increase asset value and generate stable returns Commitment to clients: ensure trust with solid service Commitment to employees: career development with more opportunities Commitment to communities: reciprocate the society and build our nation Commitment to business partners: achieve win-win with mutually beneficial partnership Fact Sheet for Investors (As at December 31, 2012) Investment INVESTMENT Ping An Trust Ping An Securities Ping An Asset Management Ping An Overseas Holdings Ping An Asset Management (HK) Ping An-UOB Fund SHARED PLATFORM Ping An Technology Ping An Channel Development Ping An Processing & Technology Ping An Marketing Services BusinessStructure Ratings [AAA]: China Chengxin International Credit Rating Co., Ltd. [AAA]: Dagong Global Credit Rating Co., Limited

2 A Shares - 52 Week Range A Shares - 52 Week Range Fact Sheet for Investors (Updated as at Dec 31, 2012) Dec 31, 2012 (Dec 31, 2011) H Shares Outstanding 3,130 million (28.34%) HKEx Stock Code: Week Range Low – HK$48.70 (Jan 6, 2012) High – HK$68.35 (Feb 22, 2012) A Shares Outstanding 4,786 million (71.66%) SSE Stock Code: Week Range Low – RMB33.85 (Jan 6, 2012) High – RMB46.24 (Jul 6, 2012) (RMB Million) 2012 Dec Dec 31 Change Total Assets 2,844,2662,285, % Total Liabilities 2,634,6172,114, % Total Equity 209,649171, % Embedded Value 285,874235, % Group solvency margin ratio (%) pp For the year ended Dec 31, (RMB Million) Change Total Income 339,193272, % Net Profit attributable to shareholder of the Parent Company 20,05019,4753.0% Basic Earnings Per Share (in RMB) % Net Investment Yield (%) pp Total Investment Yield (%) (1.1pp) H Shares - 52 Week Range H Shares - 52 Week Range HK$ RMB Investment Portfolio ( %) Portfolio ( %) Key Figures Figures MarketsFacts Main I ndexes ( RMB million) Change Life Insurance Business Written premiums199,483187,2566.5% Net profit6,4579, % Embedded value177,460144, % Solvency margin ratio (%) pp P&C Insurance Business Premium income99,08983, % Net profit4,6484, % Combined ratio (%) pp Solvency margin ratio (%) pp Banking Businesses Net interest income33,24318, % Net profit*13,2327, % Net interest spread (%) (0.14pp) Capital adequacy ratio (%) (0.14pp) Non-performing loan ratio (%) pp Securities Business Total income2,6943,080(12.5%) Net profit845963(12.3%) Trust Business Total income3,0312, % Net profit1,5241, % Total Market Cap: HKD billion (Dec 31, 2012) Source Bloomberg


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