转自：新华财经 新华财经北京7月13日电（记者董道勇、张斯文）财政部11日公布《关于引导保险资金长期稳健投资 进一步加强国有商业保险公司长周期考核的通知》明 确，将国有商业保险公司三年、五年的长周期考核权重提升至70%。新规自2025年度绩效评价起实施。 业内人士分析，保险资金来源稳定，偿付周期长。长周期考核机制的建立，有助于熨平短期市场波动对其业绩的影响，进而引导保险长期资金入市，更好 发挥保险资金的市场稳定器和经济发展助推器作用。随着政策鼓励下更多"长钱"投入资本市场亦有助于优化市场生态、增强市场韧性，进而提升险资长期 回报水平，形成良性循环。 "长周期考核"引导险资入市 光大证券研究所副所长、金融业首席分析师王一峰认为，近年来政策层面高度重视推动中长期资金入市工作，针对保险资金长期入市的堵点问题，今年以 来监管已推出一揽子针对性举措，本轮政策将推动保险资金加大入市力度。 "长周期考核制度的持续完善有助于疏通保险资金长期投资的制度堵点，允许长期资金以'时间'换'空间'，熨平短期市场波动对业绩的影响，进而加大入市 力度。"王一峰说。 中国人寿表示，"长周期考核"细则落地，有利于更好引导国有保险资金充分发挥长 ...

Core Viewpoint - The competition in the food delivery market is intensifying, with major players like Meituan, Taobao, and Ele.me launching aggressive promotional campaigns, leading to record-high order volumes despite concerns over profitability [1][6]. Group 1: Promotional Activities - Meituan initiated a promotional campaign offering free drinks from popular brands, resulting in a significant increase in order volume, with over 1.5 billion orders on July 12, surpassing 1.2 billion from the previous week [2][6]. - Many users shared their experiences of redeeming free drinks on social media, creating a viral effect that boosted Meituan's visibility and engagement [2]. - The store manager of a popular tea brand reported an order volume exceeding 2,000 on July 12, compared to the usual 200 on weekends, indicating a substantial impact from the promotions [2][5]. Group 2: Competitive Landscape - Ele.me and Taobao are expected to respond with their own promotional activities, indicating a competitive back-and-forth in the market [3][5]. - Despite the entry of JD.com into the food delivery sector, its presence is perceived as weak compared to Meituan's market dominance [5]. - The overall order volume for major brands in the market has significantly increased, with one tea brand reporting 800 orders on July 12, up from 400 the previous week [5]. Group 3: Financial Implications - Meituan's delivery riders reported a 111% increase in daily income during weekends, with many earning over 500 yuan, despite the challenges posed by increased order volumes [6]. - Analysts express concerns that aggressive subsidies in the competitive landscape may impact profitability for leading platforms [7]. - Despite record-high order volumes, stock prices for Alibaba, Meituan, and JD.com have declined, reflecting investor concerns about profitability in the face of rising competition [6].

Core Insights - SAIC-GM celebrated its 28th anniversary in Shanghai, showcasing its transformation and strength under the theme "潮向新生" [1][9] - The event featured immersive brand experiences and highlighted the company's commitment to electric and intelligent vehicle development [6][9] Group 1: Event Highlights - The anniversary event included interactive exhibition areas, such as the "I Love Shanghai" LEGO wall, emphasizing the brand's relationship with the city [3] - Buick's exhibition featured three interactive scenes, including a family-oriented "萌宠乐园" and an artistic "油画世界" [3] - Cadillac showcased its youthful appeal through four themed areas, including a "夏日泳池派对" and a performance experience with the CT5 [4] Group 2: Product Innovations - Buick's new models, including the GL8陆尊 and陆尚PHEV, demonstrated advanced technology and strong market performance, with a 40% sales contribution from these models [8] - The company introduced the Buick至境轿车 and GEN-Z探索概念车, focusing on user customization and innovative design [6] - Cadillac's electric flagship IQ锐歌 and other models like XT4 and CT5 showcased significant technological advancements and strong sales performance [6][8] Group 3: Market Performance - In June, SAIC-GM achieved a total sales volume of 48,675 vehicles, marking a 7.6% year-on-year increase, with 7,832 units of new energy vehicles sold, up 13.2% [8] - The company aims to enhance brand value and market competitiveness through a focus on electric, intelligent, and high-value products [8] - Future plans include launching over 10 new energy products between 2025 and 2027, reinforcing the commitment to full electrification [8]

转自：新华财经 一线担当显大爱 中国人寿财险云南省分公司辖内干部职工迅速响应，冲锋在前，成为抗洪救灾的中坚力量，他们在灾区一线书写着国寿财险人的责任与担当。 7月10日，中国人寿财险云南省分公司理赔服务部负责人陈冬（右）到维修网点协商定损方案。（李雄武摄） 自7月以来，云南红河弥勒、昭通威信等地持续遭受强降雨侵袭。面对严峻汛情，中国人寿财险云南省分公司闻＂汛＂而动，第一时间启动大灾应急预案， 调动全司力量做好大灾应对和组织服务保障，全体理赔人员24小时待命，确保快速响应救援需求昼夜奋战应对暴雨洪涝灾害。 开通绿色通道 在施救现场，中国人寿财险云南省分公司采用"云端+地面"协同服务模式，展现专业、高效的服务能力。线上，紧急开通24小时报案专线，安排专人值守， 随时接听客户来电，远程指导客户实施车辆避险、财产保护措施，最大限度降低损失；线下，组建应急突击队，携带专业设备，徒步进入积水区域，对受损 车辆实施快速施救和现场定损。 针对受灾严重区域，设立流动服务站，主动上门为客户提供服务，让受灾群众在艰难时刻感受到温暖与关怀。目前暴雨未止，报案量还在持续攀升，该公司 已开通绿色通道，启动预赔付机制，各险种一旦查勘条件具 ...

Group 1: Company Announcements - Dongxing Securities has received approval from the CSRC to issue no more than 20 billion yuan in corporate bonds and no more than 5 billion yuan in perpetual subordinated bonds [5] - Lepu Medical's hyaluronic acid injection product has received registration approval from the National Medical Products Administration [5] - HNA Holding has completed the disposal of its A-share stock in Shanghai Rural Commercial Bank [5] - Yunda Lifeng is planning to issue H-shares and list on the Hong Kong Stock Exchange [5] - Kefu Medical is also planning to issue H-shares and list on the Hong Kong Stock Exchange [5] - Xingchen Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange [5] - Jiaotong Angli is under investigation by the CSRC for suspected violations of information disclosure [5] - Yuanzhi Communication is under investigation by the CSRC for suspected false financial data reporting [5] - China CRRC expects a year-on-year net profit increase of 60% to 80% for the first half of the year [5] - Guosen Securities anticipates a year-on-year net profit increase of 52% to 76% for the first half of the year [5] - Zhongling Heavy Industry expects a year-on-year net profit increase of 50% to 65% for the first half of the year [5] - Dongpeng Beverage expects a year-on-year net profit increase of 33.48% to 41.57% for the first half of the year [5] - China Jushi anticipates a year-on-year net profit increase of 71.65% to 76.85% for the first half of the year [5] - Zangge Mining expects a year-on-year net profit increase of 34.93% to 46.49% for the first half of the year [5] - Jingneng Power expects a year-on-year net profit increase of 103.24% to 134.74% for the first half of the year [5] - Guolian Zhansheng expects a year-on-year net profit increase of approximately 1183% for the first half of the year [5] - China National Materials Technology expects a year-on-year net profit increase of 80.77% to 123.81% for the first half of the year [5] - Yayi International anticipates a year-on-year net profit increase of 170% to 244% for the first half of the year [5] Group 2: Industry Developments - The Shanghai and Shenzhen Stock Exchanges have released guidelines for the procedural trading report requirements for investors in the Shanghai and Shenzhen Stock Connect, effective January 12, 2026 [1] - The Ministry of Industry and Information Technology has published the 2025 work points for the integration of informatization and industrialization, focusing on promoting digital transformation [1] - The China Automotive Industry Association is taking measures to prevent "involution overflow" as part of its efforts to promote orderly growth in overseas markets [1] - The Xinhua-Baltic International Shipping Center Development Index Report for 2025 indicates that Singapore, London, and Shanghai remain the top three global shipping centers, with Shanghai narrowing the gap with London significantly [1] - The China Securities Association has issued opinions to strengthen self-regulation and promote high-quality development in the securities industry [1]

Core Viewpoint - China Pacific Property Insurance (CPIC) is committed to high-quality development and has integrated its operations into the national economic and social development framework, achieving significant operational results through strategic leadership and enhanced risk management capabilities [1][2]. Group 1: Risk Management and Compliance - CPIC has consistently improved its risk management and compliance capabilities, receiving an A-level operational evaluation and maintaining an AA-level comprehensive risk rating for several years [1]. - The company initiated the "Risk Compliance Month" in 2021, promoting a culture of risk compliance and financial integrity, which has become an influential brand in the industry [1][2]. Group 2: Activities and Initiatives - The fifth "Risk Compliance Month" in 2025 features the theme "Strongest Risk Control as the Foundation, Highest Principles for Long-term Success," with four categories of activities aimed at enhancing risk control standards and aligning with AI development [2]. - During this year's event, CPIC hosted a seminar in Shanghai focused on risk reduction management, fostering dialogue among government, academia, and the insurance industry, leading to three key consensus points on the necessity of risk reduction and innovation in products and risk control tools [2]. Group 3: Competitions and Engagement - CPIC organized a competition during the fifth "Risk Compliance Month," involving representatives from 20 branches, showcasing various formats such as speeches and debates, highlighting the integration of risk control and compliance with business strategies [3]. - The competition included innovative elements like a risk compliance rap show and an AI-themed talk show, engaging over ten thousand employees online and enhancing overall compliance awareness [3].

Group 1 - The first phase of the Foshan Metro photovoltaic power generation project has successfully connected to the grid, marking a significant step in the application of green energy in Foshan's rail transit [1] - Guangzhou Baiyun Electric Equipment Co., Ltd. plays a key role in this project as a leading provider of comprehensive green smart energy solutions [1][3] - The company has undergone a transformation from a traditional power equipment manufacturer to a leading provider of green smart energy solutions over more than 40 years [3][4] Group 2 - Baiyun Electric focuses on innovation as a core aspect of its development, with a strong emphasis on independent research and development, as well as collaborative development [5] - The company has established a digital factory for smart distribution equipment, recognized as a national model for intelligent manufacturing and green factories [5] - Baiyun Electric has received numerous national honors for its innovative achievements, including awards for significant contributions to the State Grid's UHVDC projects [5] Group 3 - The company plans to optimize its market structure by responding to the demands for green, digital, and intelligent power grids, while also expanding its market presence in renewable energy generation [7] - Baiyun Electric aims to enhance its technological capabilities and product innovation in core areas such as new energy, smart technology, and energy efficiency [9] - The company is focused on developing advanced products like eco-friendly GIS and high-capacity transformers, while also improving integrated solutions in energy management and smart operations [9]

Group 1 - The event titled "Telling the Story of Nie Er and the National Anthem" was held by China Life Property & Casualty Insurance Yunnan Branch, emphasizing cultural identity and patriotism among employees [1][3] - The session included a collective singing of the national anthem, which was described as a powerful and emotional experience for the participants, enhancing their understanding of the national spirit [3] - Employees expressed a deeper appreciation for the history of the Communist Party and the significance of the national anthem, which reflects the struggles and victories of the nation [3] Group 2 - The company aims to continue promoting cultural education and values, focusing on the stories of Nie Er and the national anthem to inspire employees towards high-quality development [4] - The leadership encourages employees to deeply understand the Party's history and innovative theories, aiming to foster a strong work ethic and commitment to achieving company goals [4]

Core Viewpoint - Fujian province is actively promoting high-quality development of its marine economy, leveraging its extensive coastline and marine resources, with a focus on sectors such as offshore wind power, marine tourism, and marine ranching [1][2]. Group 1: Marine Economy Development - Fujian has a coastline of 3,752 kilometers and a marine area of 136,000 square kilometers, positioning it as a key player in the marine economy [1]. - The Construction Bank of Fujian has prioritized support for the marine economy, launching the "Ten Marine Policies" to provide specialized financial services [1]. - The bank has issued nearly 150 billion yuan in loans related to the marine economy [1]. Group 2: Offshore Wind Power Initiatives - The second phase of the Liuao offshore wind farm in Zhangpu County is the first project in China to use domestically produced 16 MW offshore wind turbines in bulk [2]. - This project combines wind power generation with marine ranching, promoting a dual development model that enhances both clean energy and high-quality seafood production [2]. - The Construction Bank of Fujian has tailored comprehensive financial solutions for this project, including carbon reduction loans and financing leases [2]. Group 3: Port and Shipping Developments - The Meizhou Bay coal terminal has become the first "four-star" green port in Fujian, supported by over 140 million yuan in loans from the Construction Bank of Fujian [3]. - Fujian now has 208 berths capable of accommodating large vessels, enhancing its role as a significant economic hub [3]. - The bank collaborates with Fujian Port Group to facilitate project financing and support the development of green shipping initiatives [3]. Group 4: Marine Tourism Growth - Fujian's diverse islands are becoming popular tourist destinations, driving the "island tourism" trend [4]. - The Construction Bank of Fujian is enhancing cooperation with government and enterprises to support the development of coastal tourism through innovative financial products [4]. - The bank is promoting financing solutions for infrastructure projects that connect tourist sites, such as railways and highways [4]. Group 5: Digital Financial Services in Tourism - The bank is leveraging financial technology to support smart tourism projects and enhance operational capabilities for local businesses [5]. - Initiatives include cash management, smart payment solutions, and tailored financing products for marine tourism-related enterprises [5]. - The bank is actively promoting consumer spending in the tourism sector through various promotional campaigns and financing options [5].

Core Viewpoint - The establishment of the International CCUS (Carbon Capture, Utilization, and Storage) Technology Innovation Cooperation Organization aims to create a global platform for sharing and collaboration, promoting technological innovation and high-quality development in the CCUS industry to address climate change and achieve green low-carbon development [1][2]. Group 1: Organization and Goals - The International CCUS Technology Innovation Cooperation Organization was launched in Beijing, guided by the China Association for Science and Technology and led by Sinopec, with participation from 50 influential entities and individuals [1]. - The organization seeks to gather high-end think tank resources globally, drive technological iteration and innovation application, and foster a collaborative ecosystem for the CCUS industry [1][2]. Group 2: Industry Significance - CCUS technology has a significant potential for large-scale emissions reduction, contributing approximately 15.0% to carbon neutrality goals, making it a crucial method for achieving net-zero emissions [1]. - The organization is expected to facilitate international collaboration in technological innovation and create a cooperative platform for large-scale applications, contributing to global CCUS technological advancement and green low-carbon transformation [2]. Group 3: Leadership and Commitment - Sinopec's chairman expressed the company's commitment to being a pioneer in the organization’s operations and a contributor to the industry ecosystem, aiming to support high-level and efficient functioning of the organization [1]. - The chairman of the organization emphasized the importance of serving as a facilitator and coordinator, ensuring effective operation, clear objectives, and fruitful outcomes to accelerate global carbon neutrality through CCUS [2].