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分內容而產生或因倚賴該等內容而引致的 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） 海外監管公告 本 公 告 乃 依 據《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》第13.10B條的披 露 義 務 而 作 出。 茲 載 列 該 公 告 如 下，僅 供 參 考。 承董事會命 中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司 傅 帆 董事長 香 港，2025年8月29日 於 本 公 告 日 期，本 公 司 執 行 董 事 為 傅 帆 先 生 和 趙 永 剛 先 生；非 執 行 董 事 為 黃 迪 南 先 生、王 他 竽 先 生、陳 然 先 生、周 東 輝 先 生、路 巧 玲 女 士 和John Rob ...

分渠道来看，代理人渠道依然是保费规模的压舱石，上半年保费规模1373.8亿元，同比微增0.9%；而银保渠道则成为了新增长引擎，上半年保费规模416.6 亿元，同比大幅增长82.6%；另外，团政渠道上半年实现保费128.92亿元，同比增长9.7%；其他渠道上半年实现保费15.38亿元，同比增长478.2%。 寿险业务方面，2025年上半年，太保寿险实现规模保费1934.70亿元，同比增长13.1%；新业务价值达95.44亿元，可比口径下同比增长32.3%；新业务价值率 15.0%，可比口径下同比提升0.4个百分点；净利润206.99亿元，同比增长3.2%；营运利润150.00亿元，同比增长5.0%。 | 截至６月 30 日止６个月 | 2025 年 | 2024 年 | | --- | --- | --- | | 规模保费 | 193,470 | 171,050 | | 代理人渠道 | 137,380 | 136,211 | | 新保业务 | 22,622 | 24,520 | | 续期业务 | 114,758 | 111,691 | | 银保渠道 | 41,660 | 22,821 | | 新保业务 | 29 ...

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]

Core Insights - China Pacific Insurance (CPIC) reported a mid-year revenue of CNY 200.5 billion, reflecting a year-on-year growth of 3.0% [1] - The net profit attributable to shareholders reached CNY 27.9 billion, marking an 11.0% increase compared to the previous year [1] - The company's embedded value grew by 4.7% to CNY 588.9 billion, indicating a steady increase in overall asset management scale, which reached CNY 3.77 trillion, up 6.5% from the end of the previous year [1] Life Insurance Segment - CPIC's life insurance core operating indicators showed positive trends, with premium income for the first half of 2025 reaching CNY 193.5 billion, a 13.1% increase year-on-year [1] - The embedded value for life insurance was CNY 445.0 billion, up 5.3% from the end of the previous year, while new business value increased by 5.6% to CNY 9.5 billion, with a comparable growth of 32.3% [1] - The new business value margin was 15.0%, reflecting a 0.4 percentage point increase on a comparable basis [1] Health Insurance Segment - The health insurance business of CPIC experienced rapid growth, with service and health management fee income reaching CNY 1.74 billion, a significant year-on-year increase of 39.3% [1] - The net profit from health insurance operations was CNY 39 million for the first half of 2025 [1] Property and Casualty Insurance Segment - CPIC's property and casualty insurance segment achieved original insurance premium income of CNY 112.8 billion, a 0.9% increase year-on-year, with insurance service income growing by 4.0% to CNY 96.8 billion [2] - The underwriting profit for this segment was CNY 3.55 billion, reflecting a substantial year-on-year increase of 30.9% [2] - The combined ratio improved to 96.3%, a decrease of 0.8 percentage points year-on-year, with the loss ratio at 69.5% and expense ratio at 26.8% [2] Agricultural Insurance - CPIC's agricultural insurance business, under the Pacific Anxin brand, reported original insurance premium income of CNY 1.24 billion, a 1.1% increase, with agricultural insurance premiums reaching CNY 899 million, up 7.7% [2] - The insurance service income for agricultural insurance declined by 3.3% to CNY 1.16 billion, while the combined ratio remained stable at 100.9% [2] International Operations - CPIC Hong Kong's total assets reached CNY 1.38 billion, with net assets of CNY 384 million, and original insurance premium income for the first half of 2025 was CNY 187 million, a 6.9% increase [2] - The combined ratio for CPIC Hong Kong was 98.0%, with a net profit of CNY 16 million [2]

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 ...

Core Viewpoint - China Pacific Insurance (CPIC) demonstrates resilience and steady growth in the first half of 2025, achieving a revenue of CNY 200.5 billion, with a focus on high-quality development and long-term capability enhancement [1] Group 1: Financial Performance - CPIC's total revenue reached CNY 200.5 billion, marking a 3.0% year-on-year increase [1] - Insurance service revenue was CNY 141.8 billion, reflecting a 3.5% growth [1] - The net profit attributable to shareholders was CNY 27.9 billion, up 11.0% year-on-year, while the operating profit attributable to shareholders increased by 7.1% to CNY 19.9 billion [1] - Total managed assets grew to CNY 3.77 trillion, a 6.5% increase from the end of the previous year [1] Group 2: Business Structure Optimization - CPIC is enhancing its core business structure with a "2+N" channel system, leading to rapid growth in new business value [2] - The contribution from individual insurance and bank insurance channels reached 60% and 37.8%, respectively, indicating a more balanced structure [2] - The company is improving its cost structure by reducing high-risk and high-loss businesses, resulting in a significant increase in underwriting profits [2] Group 3: Service and Innovation - CPIC is focusing on optimizing its insurance supply system and capabilities, launching innovative insurance products for technology SMEs, serving 75,000 tech enterprises in the first half of the year [3] - The company has invested CNY 119.7 billion in technology, expanding its green finance product offerings and providing insurance coverage for over 4.6 billion people [3] - The "Taibao Home" elderly care community has commenced operations in nine cities, with over 2,000 residents [3] Group 4: Technological Advancement - The application of AI models is significantly enhancing insurance business processes and operational efficiency [4] - CPIC has implemented AI solutions in sales, operations, and risk control, improving customer service and claims processing efficiency [4] - The company has established a risk identification tool based on image recognition for auto insurance claims, successfully detecting fraud risks [4] - Future strategies include focusing on core responsibilities, deepening reforms, and implementing three core strategies: health and wellness, internationalization, and "AI+" [4]

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 ...