Recently, China Taiping Insurance Group issued an announcement stating that on October 12, the Company's shareholder Ministry of Finance approved the “Proposal on China Taiping Insurance Group's Capital Increase”, and Taiping Group's registered capital and paid-in capital will be increased from RMB 2706,89454 million to RMB 3,1052.6875 million. According to the announcement, the Ministry of Finance has injected 700,000 yuan into Taiping Group, of which 398,3.7421 million yuan is included in paid-in capital, and the remaining 3016.2579 million yuan is included in the capital reserve. The National Council of Social Security Funds is unfunded. After the capital injection is completed, the Ministry of Finance's holdings increased to 2,8526.125 million yuan, the National Social Security Fund Council remained unchanged at 2526.075 million yuan, and the shareholding ratio of the company will be adjusted to 91.865% and 8.135%, respectively.

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