Ping An Insurance (Group) Company of China, Ltd. announced that its adjusted net profit attributable to parent company shareholders reached 143.773 billion yuan for the previous year, representing a year-on-year increase of 22.5%. The company's operating profit attributable to parent company shareholders was 134.415 billion yuan, up 10.3% compared to the prior year. Total operating revenue amounted to 1,140.324 billion yuan, remaining largely stable. For the first time, the equity attributable to parent company shareholders exceeded one trillion yuan, reaching 1,000.419 billion yuan, a 7.7% increase from the beginning of the year. The company proposed a final cash dividend of 1.75 yuan per share for the year-end, bringing the total annual cash dividend to 2.70 yuan per share, a 5.9% increase year-on-year. Total cash dividends distributed amounted to 48.891 billion yuan, with a cash dividend payout ratio of 36.4% based on operating profit attributable to parent company shareholders.
Liaoning Energy announced that its shareholder, Shenzhen Xianglong Investment Partnership, intends to reduce its shareholding by no more than 1% of the company's total shares. The reduction will take place via centralized bidding over a three-month period starting fifteen trading days after the announcement of the plan.
Shougang Company disclosed that it is planning to issue convertible bonds and use cash to acquire assets, specifically the equity of its controlling subsidiary, Shougang Zhixin Electromagnetic Materials (Qian'an) Co., Ltd., while also raising supporting funds. This transaction may constitute a connected transaction but is not expected to constitute a major asset reorganization. Due to the uncertainty surrounding the matter, the company's shares will be suspended from trading starting March 27, 2026. The company expects to disclose the transaction plan within ten trading days and resume trading no later than April 13, 2026. If the plan is not disclosed as scheduled, the company will terminate the planning and commit to not initiating any major asset reorganization plans for one month.
*ST Zhengping announced that its stock price has increased by 57.56% cumulatively from March 10 to March 26, with ten trading days seeing limit-up gains and three instances of abnormal stock price fluctuations. Given the heightened risks in secondary market trading, the company will conduct a review of its stock trading activities. Upon application to the Shanghai Stock Exchange, trading of the company's shares will be suspended starting March 27, 2026, and will resume after the disclosure of the review results. The suspension is expected to last no more than five trading days.
*ST Panda announced that its stock price has experienced significant increases for eight consecutive trading days since March 10, resulting in two instances of abnormal trading fluctuations. The company has completed a review of its stock trading activities and, upon application to the Shanghai Stock Exchange, its shares will resume trading on March 27, 2026.
Key performance highlights from other companies include China Mobile reporting a shareholder profit of 137.1 billion yuan for the previous year, a slight decrease of 0.9% year-on-year. SMIC achieved annual sales revenue of 9.327 billion U.S. dollars, an increase of 16.2% compared to the previous year. Shandong Gold reported a net profit of 4.739 billion yuan, up 60.57% year-on-year.
In other corporate actions, Guangyuyuan plans to repurchase shares worth 300-500 million yuan, while six of its directors and senior executives intend to collectively increase their holdings by 120,000 shares. Dagang Holdings obtained a commitment letter for a special stock repurchase loan of up to 30 million yuan. Huiyun Titanium Industry announced that its shareholder, Chaoyang Investment, plans to reduce its shareholding by no more than 2.98%. Suzhou TFC Flexible Circuit Board's shareholder, Wang Ping, intends to reduce holdings by no more than 1%. Aviation New Technology's shareholder, Li Fengrui, plans to reduce holdings by no more than 0.66%. Zhongfu Shenying's controlling shareholder reduced its holdings by 2.3592 million shares on March 26.
In significant contract awards, Wansheng Intelligent was pre-selected as the winner of a 70.9454 million yuan metering equipment project with the State Grid. China Tianying signed an environmental sanitation services contract worth 98.928 million yuan. Linyang Energy was pre-selected for a 55.5676 million yuan metering equipment procurement project with the State Grid. Bio-Thera received a milestone payment of 2.5 million U.S. dollars from STADA.