Core Insights - China Pacific Insurance (CPIC) reported a mid-year revenue of CNY 200.5 billion, a year-on-year increase of 3.0% [1] - The net profit attributable to shareholders reached CNY 27.9 billion, up 11.0% year-on-year [1] - The operating profit attributable to shareholders was CNY 19.9 billion, reflecting a 7.1% increase year-on-year [1] Financial Performance - The embedded value of CPIC stood at CNY 588.9 billion, growing 4.7% from the end of the previous year [1] - Total managed assets increased to CNY 3,772.9 billion, a 6.5% rise from the end of last year [1] - In the first half of 2025, the scale premium reached CNY 193.5 billion, marking a 13.1% year-on-year growth [1] New Business Development - The new business value was CNY 9.5 billion, up 5.6% year-on-year, with a comparable growth of 32.3% [1] - The new business value rate was 15.0%, an increase of 0.4 percentage points on a comparable basis [1] Health Insurance Sector - The health insurance business of CPIC maintained rapid growth, with service and health management fee income reaching CNY 1.7 billion, a 39.3% increase year-on-year [1] - The net profit from health insurance was CNY 39 million [1] Property and Casualty Insurance - CPIC's property and casualty insurance segment achieved original insurance premium income of CNY 112.8 billion, a 0.9% increase year-on-year [2] - The underwriting profit was CNY 3.6 billion, reflecting a 30.9% increase year-on-year [2] - The combined ratio was 96.3%, a decrease of 0.8 percentage points year-on-year [2] Agricultural Insurance - The agricultural insurance segment reported original insurance premium income of CNY 1.2 billion, a 1.1% increase year-on-year, with agricultural insurance premiums at CNY 900 million, up 7.7% [2] - The net profit for agricultural insurance was CNY 99 million, a 39.4% increase year-on-year [2] International Operations - CPIC Hong Kong's total assets reached CNY 1.4 billion, with net assets of CNY 384 million [2] - The original insurance premium income from CPIC Hong Kong was CNY 187 million, a 6.9% increase year-on-year [2]

2025年上半年，太平洋健康险业务保持快速增长，自营业务有效突破，综合成本率同比优化，发展质量 日益提升。上半年保险服务及健康管理费收入达到17.44亿元，同比增长39.3%，实现净利润0.39亿元。 上半年，太保产险实现原保险保费收入1,127.60亿元，同比增长0.9%，保险服务收入968.31亿元，同比 增长4.0%。实现承保利润35.50亿元，同比增长30.9%。承保综合成本率96.3%，同比下降0.8个百分点， 其中承保综合赔付率69.5%，同比下降 0.1个百分点，承保综合费用率26.8%，同比下降0.7个百分点。 智通财经APP讯，中国太保(02601)公布2025年中期业绩，实现营业收入2,004.96亿元，同比增长3.0%。 归母净利润为278.85亿元，同比增长11.0%。归母营运利润为199.09亿元，同比增长7.1%。内含价值为 5,889.27亿元，较上年末增长4.7%。整体管理资产规模稳步提升，达37,729.61亿元，较上年末增长 6.5%。 太保寿险核心经营指标达成整体向好，规模与价值稳中有升，盈利能力、业务品质保持良好态势。2025 年上半年实现规模保费1,934.70亿元， ...

Core Viewpoint - China Pacific Insurance (CPIC) demonstrates resilience and steady growth in its mid-2025 performance, focusing on high-quality development amidst external uncertainties [1] Financial Performance - CPIC achieved a total revenue of CNY 200.5 billion, a year-on-year increase of 3.0% [1] - Insurance service revenue reached CNY 141.8 billion, growing by 3.5% [1] - The net profit attributable to shareholders was CNY 27.9 billion, reflecting an 11.0% increase [1] - Operating profit attributable to shareholders was CNY 19.9 billion, up by 7.1% [1] - Embedded value increased to CNY 588.9 billion, a growth of 4.7% from the previous year [1] - Total managed assets rose to CNY 3.77 trillion, marking a 6.5% increase [1] Business Structure Optimization - CPIC's life insurance segment is enhancing its "2+N" channel system, with new business value growing rapidly; individual insurance and bank insurance channels contributed 60% and 37.8% respectively [4] - The property insurance segment is optimizing cost structures and reducing high-risk business, leading to improved underwriting profits and record net cash flow [4] Development and Service Enhancement - CPIC is focusing on financial "five major articles" to optimize its insurance supply system, serving 75,000 technology enterprises with a technology investment balance of CNY 119.7 billion [5] - The company is expanding its green finance products, with over 5.3 million vehicles covered under new energy vehicle insurance [5] - CPIC is enhancing its elderly care services, with over 2,000 residents in its "Taibao Home" communities and the launch of a rehabilitation hospital [5] Technological Innovation - The application of AI models is significantly improving insurance processes and operational efficiency, with AI coverage in customer service reaching nearly 50% [6] - The automation rate for health insurance claims has reached 16%, with a 99% accuracy rate in liability recognition [6] Organizational Optimization - CPIC is refining its organizational structure to enhance decision-making efficiency and strengthen talent development [7] - The company has distributed over CNY 10.3 billion in cash dividends for the 2024 fiscal year, maintaining a stable dividend level [7] Future Outlook - CPIC aims to focus on its core responsibilities, implementing strategies in health and elderly care, internationalization, and AI integration to build new competitive advantages [8]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份 內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 中國太平洋保險（集團）股份有限公司 CHINA PACIFIC INSURANCE (GROUP) CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （股份代號 ：02601) 截至二零二五年六月三十日止六個月 未經審核中期業績公告 董事長致辭 尊敬的中國太保股東朋友們 ： 2025年上半年，全球經濟復甦乏力，國際經貿面臨嚴峻挑戰，中國經濟積極面 對外部壓力，保持整體平穩運行，為世界經濟增長貢獻了重要的確定性。國內來看， 中國式現代化建設深入推進，科技創新和產業升級融合發展，新質生產力加速培育， 外貿規模穩定增長，銀髮經濟興起，數字浪潮奔涌，催生多元化的金融服務和風險保 障需求，為保險業開創了巨大的發展空間。同時，行業自身仍然處於轉型升級的關鍵 時期，嚴監管、防風險的導向更加清晰，監管推行「報行合一」、加快個人營銷體制改 革，探索商業保險公司長週期考核等舉措，進一步強化高質量發展理念的牽引 ...

中国太保产险主动顺应市场周期，着力优化成本结构，坚决压降高风险、高亏损业务，加强营运管理， 赔付率与费用率实现双降，综合成本率有效改善，承保利润大幅增长，持续加强应收管理，经营净现金 流创历史新高。 本报讯 （记者冷翠华）8月28日，中国太保（601601）发布2025年中期业绩。上半年，面对外部不确定 性，中国太保始终坚定信心，保持定力，持续深化改革攻坚，加强长期能力建设，走稳走好高质量发展 道路，整体经营稳中向好，综合实力不断增强。 数据显示，上半年，中国太保实现营业收入2004.96亿元，同比增长3.0%，其中保险服务收入1418.24亿 元，同比增长3.5%，保持稳健增长态势。中国太保归母净利润为278.85亿元，同比增长11.0%；归母营 运利润为199.09亿元，同比增长7.1%。整体管理资产规模稳步提升，达37729.61亿元，较上年末增长 6.5%。 优化核心主业结构 经营韧性持续增强 中国太保寿险坚定推动"2+N"渠道体系建设，实现渠道价值贡献多元化，上半年新业务价值实现快速增 长，个险和银保渠道价值贡献占比分别达到60%和37.8%，结构更加合理。完善利率传导和负债成本调 节机制，加快产品 ...

Core Insights - China Pacific Insurance (CPIC) reported a steady growth in revenue and profit for the first half of 2025, with total revenue reaching 200.5 billion yuan, a year-on-year increase of 3.0% [1] - The group's net profit attributable to shareholders was 27.9 billion yuan, reflecting an 11.0% increase compared to the previous year [1] - The group's operating profit also saw a rise of 7.1%, amounting to 19.9 billion yuan [1] Financial Performance - Total revenue for the first half of 2025 was 200.5 billion yuan, with insurance service revenue at 141.8 billion yuan, marking a 3.5% growth [1] - The intrinsic value of the group increased by 4.7% to 588.9 billion yuan [1] - Total managed assets reached 3.77 trillion yuan, up 6.5% from the end of the previous year [1] Business Development - CPIC expanded its inclusive insurance coverage, with health insurance policies covering 240 cities and 460 million people [1] - The company provided agricultural insurance protection exceeding 400 billion yuan, serving over 2,700 small and micro enterprises [1] - The "Insurance + Health" integration model was further developed, with the "Taibao Home" elderly care community operating in nine cities and ten parks, accommodating over 2,000 residents [1] Strategic Focus - The company emphasizes value and efficiency, continuously enhancing its core capabilities and deepening the "Insurance + Health + Elderly Care" ecosystem [2] - CPIC's business scale is steadily growing, reinforcing its market position and enhancing its comprehensive strength [2] - The company aims to improve the quality and effectiveness of its services to the real economy and public welfare, further showcasing its market leadership and brand influence [2]

证券代码：601601 证券简称：中国太保 公告编号：2025-045 重要提示 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 经与会监事审议并现场表决，形成以下会议决议： 一、审议并通过了《关于<中国太平洋保险（集团）股份有限公司 2025 年 半年度报告>的议案》 2025 年半年度报告正文及摘要详见上海证券交易所网站（www.sse.com.cn）。 在公司 2025 年半年度报告经过董事会审议，同时财务报告经安永华明会计 师事务所（特殊普通合伙）审阅的基础上，监事会审议并通过了《关于<中国太 平洋保险（集团）股份有限公司 2025 年半年度报告>的议案》，同时认为： 1.公司 2025 年半年度报告的编制和审核程序符合法律、行政法规和《公司 章程》的规定； 2.公司 2025 年半年度报告内容真实、准确、完整地反映了公司的实际情况； 3.在提出本意见前，未发现参与 2025 年半年度报告编制和审议的人员有违 反保密规定的行为。 表决结果：赞成 3 票，反对 0 票，弃权 0 票。 中国太平洋保险（集团）股份有限公司 ...

证券代码：601601 证券简称：中国太保 公告编号：2025-044 重要提示 表决结果：赞成 13 票，反对 0 票，弃权 0 票。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国太平洋保险（集团）股份有限公司 第十届董事会第十六次会议决议公告 本公司第十届董事会第十六次会议通知于 2025 年 8 月 14 日以书面方式发出， 并于 2025 年 8 月 28 日在上海召开。会议由傅帆董事长主持。应出席会议的董事 13 人，亲自出席会议的董事 13 人。本公司监事、部分高级管理人员和董事会秘 书列席了会议。本次董事会会议出席人数符合法定人数要求，会议召开符合《公 司法》及《公司章程》的有关规定。 经与会董事审议并现场表决，形成以下会议决议： 一、审议并通过了《关于<中国太平洋保险（集团）股份有限公司 2025 年 半年度报告>的议案》 2025 年半年度报告正文及摘要详见上海证券交易所网站（www.sse.com.cn）。 本公司董事会审计与关联交易控制委员会已审核通过该项议案。 表决结果：赞成 13 票，反对 0 ...

Core Insights - China Pacific Insurance (CPIC) reported its mid-year performance for 2025, showing significant growth in various financial metrics [1] Group 1: Financial Performance - CPIC's life insurance premium income for the first half of 2025 reached 193.47 billion yuan, representing a year-on-year increase of 13.1% [1] - The embedded value increased to 445.02 billion yuan, up 5.3% from the end of the previous year [1] - New business value amounted to 9.544 billion yuan, with a year-on-year growth of 5.6%, and a comparable growth rate of 32.3% [1] - The new business value margin was 15.0%, which is an increase of 0.4 percentage points on a comparable basis [1] - Net profit for the period was 20.699 billion yuan, reflecting a year-on-year increase of 3.2% [1]

北京商报讯（记者 李秀梅）8月28日，中国太保发布2025年中期业绩报告。投资方面，上半年中国太保 投资资产总投资收益率为2.3%，同比下降0.4个百分点；投资资产净投资收益率为1.7%，下降0.1个百分 点。 ...