Summary by Moomoo AI
During the period from August 23 to September 20, 2024, Ping An Insurance completed the purchase of 106,896,000 H-shares of the company through the secondary market for the 2024 Long-Term Service Plan, accounting for 0.587% of the total share capital of the company, with a total transaction amount of HKD 3.846 billion and an average fill price of approximately HKD 35.85 per share. The funds for this stock purchase came from the employee payable compensation. A total of 75,175 core talents participated in this plan, including directors, supervisors, and senior management holding 2,929,348 shares, accounting for 2.74% of the plan, while other employees held 103,966,652 shares, accounting for 97.26%. The Long-Term Service Plan stipulates that participating individuals can apply for plan benefits after retirement and receive them after confirmation and payment of relevant taxes. Currently, Ping An Insurance's executive directors include Ma Mingzhe, Xie Yonglin, and five others, four non-executive directors, and six independent non-executive directors.
