Ping An Employees Sold Over 6 Billion Yuan Last Year, And The Share Of Employees Doubled By Nearly 30 Times &Nbsp.

A shares of major banks and insurance companies in 2010

Employee stock price has nearly doubled 30 times.

According to the annual report, China Ping An was totally reduced by 146 million shares in the fourth quarter of last year by Linzhi Jing Ao Industrial Development Co., Ltd., Linzhi New Hao Shi Investment Development Co., Ltd. and Shenzhen Industrial Group Co., Ltd., accounting for 3% of the total share capital of its A shares.

If the share price of China's Ping An not less than 52 yuan in the fourth quarter of last year is roughly calculated, the total reduction will exceed 7 billion 600 million yuan.

It is understood that the share subscription of employees in peace is different, the last batch of employees subscribe in 1997, 1998, but the vast majority of employees have low cost, about 1.76 yuan / share.

If the stock price is no less than 52 yuan, this part of the stock has nearly 30 times.

Among the three legal person shareholders, Linzhi Jing AO and Linzhi new ho is the two largest employee stock ownership platform for peace, with a total sale of 118 million shares, and the amount exceeds 6 billion according to the above share price.

Reporters found that from last March 1st, the 860 million peace employees' shares lifted from the beginning of last year began to have cash in the fourth quarter of last year, which accounted for less than 14% of 860 million shares.

China Ping An's pledge to lift the ban last year is: employee shares will gradually reduce in the next 5 years, and the annual reduction will not exceed 30% of the total shareholding.

Executives' shareholding remained unchanged.

Ping An was the pilot unit of ESOP in the Shenzhen Special Economic Zone in the early 90s of last century.

Xin Hao Shi, Jing Ao industry is the ping an employee joint stock fund company.

In addition, more than 10 executives' shareholding platform "Jiangnan industry" is also the focus of attention.

However, the annual report shows that the 139 million shares held by Jiangnan industries are still unchanged. At present, three companies also hold 741 million shares of Ping An.

ESOP platform changes registration place

According to the detailed plan of lifting the ban announced by China Ping An last year, the staff shares need to entrust an agent company in the two tier market and reduce it through block trading.

As an independent legal person, after the new Ho Ho and Jing Ao industries get the reduction income, if the enterprise income tax is paid according to the Shenzhen tax policy, the individual income tax shall be withheld before the proceeds are allocated to the holders of the rights and interests.

In 2010, the corporate income tax rate was 22%, 24% in 2011, 25% in 2012, and 20% in personal income tax rates.

If these two taxes are to be paid, the cost of employee stock reduction will increase by more than 40%.

Last October, in a notice of employee reduction issued by Ping An, Shenzhen New Hao time and Shenzhen Jing Ao were renamed Linzhi Jing AO and Linzhi New Hao time. The registered place also moved from Shenzhen to the 305 room of Tibet Biotechnology Park in Tibet Linzhi area.

According to the preferential tax policy of Tibet, the newly established independent accounting firms engaged in consulting industry shall be exempted from enterprise income tax for 2 years starting from the date of opening.

This means that the new shares of Shenzhen and Tibet's new employees in the two years will not have to pay corporate income tax, but only 20% of their personal income tax.