Ma Mingzhe responds to China Ping An's 50 billion yuan financing plan.

On the afternoon of May 13th, at the China Ping An 2024 Annual Shareholders' Meeting, the management of China Ping An responded to investors' questions about bond financing, stating that Ping An will conduct debt financing according to market conditions. They plan to issue domestic principal not exceeding 50 billion yuan worth of bond financing tools in one or multiple times, including but not limited to capital replenishment bonds, financial bonds, corporate bonds, and other domestic renminbi bond financing tools permitted by regulatory authorities. In a low interest rate environment, this move will help improve the group's future capital flexibility and return on equity (ROE). Chairman Ma Mingzhe of China Ping An added that the management values every penny of the shareholders, hoping that capital can maximize its value. The outlook for the financial and healthcare industries is promising, and capital planning needs to consider different periods. The management also hopes to consider all opinions in both the raising and use of capital.