China Ping An subsidiary 1.2 billion to expand ping an securities control stake

China Ping An (601318) November 19 Evening announcement, company holding subsidiary Ping An Trust limited liability company proposed 1.218 billion yuan to let Linzhi new Hao Time Investment Development Co., Ltd. (formerly Shenzhen New Hao when Investment Development Co., Ltd., in the past 12 months has held a company over 5% shares)　　Ping An securities Limited liability company (registered capital of 3 billion yuan) 9.9% of the equity.　　The announcement shows that after the completion of the transfer of equity, Ping An trust will raise the share of ping an securities from about 86.77% to about 96.67%. The company also announced that the board of Directors agreed to Zhang Zixin (for personal reasons) resign as general manager of the company, and continue to remain a non-executive director of the company, employing the current company deputy general manager Ning as the company's general manager.