Core Viewpoint - The Guangdong Provincial Federation of Industry and Commerce announced the "Top 100 Private Enterprises in Guangdong Province for 2025," highlighting Sunshine Insurance Group as a leading private insurance company due to its strong comprehensive strength, value development capabilities, technological innovation achievements, and social responsibility commitment [1] Group 1: Company Performance - Sunshine Insurance Group has consistently ranked among the "Top 100 Private Enterprises in Guangdong" and the "Top 50 Private Service Enterprises in Guangdong" for several years [1] - The company maintains a focus on its core business and approaches finance with an industrial mindset, emphasizing its role as an economic stabilizer and social stabilizer [1] Group 2: Industry Context - The private economy has become a vital force in promoting modernization and a foundation for high-quality development in China [1] - Sunshine Insurance exemplifies the strengths of private insurance companies in contributing to economic resilience and social stability [1]

Sunshine Insurance Group Company Limited 6963 2025年10月22日舉行的2025年第一次臨時股東會之 H股股東代表委任表格 本委任表格代表的股份 數目 （附註1） | | 特別決議案 | 贊成 | （附註5） | 反對 | （附註5） | 棄權 | （附註5） | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 審議及批准採納員工持股計劃 | | | | | | | 日期︰ 簽署 （附註6） ： 附註： 1. 請填上與本代表委任表格有關的H股股份數目。如未有填上股數，則本代表委任表格將被視為與所有登記於 閣下名下的股份有關。 2. 請用正楷填上全名及地址（須與本公司股東名冊所登記相同）。 3. 請填上 閣下名下的股份數目。 4. 如擬委派大會主席以外的人士為代表，請刪去「大會主席或」字樣，並在空欄內填上 閣下擬委派代表的姓名 及地址。有權出席大會及於大會上投票的股東均可委派一位或多位人士代表其出席及投票。該代表僅可於按 股數投票時方可行使其表決權。受委任代表毋須為本公司股東，惟必須親自出席大會以代表 ...

此乃要件 請即處理 閣下如對本通函任何方面有任何疑問，應諮詢 閣下之股票經紀或其他註冊證券商、銀行經 理、律師、專業會計師或其他專業顧問。 閣下如已將名下之陽光保險集團股份有限公司股份全部售出或轉讓，應立即將本通函及隨附的 代表委任表格交予買主或承讓人或經手買賣或轉讓之銀行、股票經紀或其他代理商，以便轉交 買主或承讓人。 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通函之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Sunshine Insurance Group Company Limited 6963 採納員工持股計劃 及 2025年第一次臨時股東會通告 本公司謹訂於2025年10月22日（星期三）上午10時30分於中國上海市松江區佘苑南路358弄舉行 臨時股東會。臨時股東會通告載於本通函第19至第20頁。 如 閣下擬委任代表出席臨時股東會，須將隨附的代表委任表格按其印列的指示填妥，並於臨 時股東會或其任何續會（視乎情況而定）指定舉行時間24小時前（即2025年10月21日（星期二）） 上午1 ...

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通告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本通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。 Sunshine Insurance Group Company Limited 6963 1. 暫停辦理股份過戶登記手續 2025年第一次臨時股東會通告 茲通告陽光保險集團股份有限公司（「本公司」）謹訂於2025年10月22日（星期三）上午10時 30分於中國上海市松江區佘苑南路358弄召開2025年第一次臨時股東會（「臨時股東會」）， 以審議並酌情通過下列決議案： 特別決議案 1. 審議及批准採納員工持股計劃 承董事會命 陽光保險集團股份有限公司 聯席公司秘書 舒高勇 香港，2025年9月30日 附註： 為釐定有權出席臨時股東會之股東名單，本公司將於2025年10月17日（星期五）至2025年10 月22日（星期三）（包括首尾兩天）暫停辦理股份過戶登記手續，在此期間將不會辦理任何股 份轉讓登記。凡於2025年10月22日（星期三）名列本公司股東名冊的H股股東均有權出席臨 時股東會及於會上投票。本公司尚 ...

(股份代號: 06963) （於中華人民共和國註冊成立的股份有限公司） 中期報告 陽光保險集團股份有限公 司 中期報告 2025 陽光保險集團股份有限公司 | 2025 年中期報告 01 | 釋義 | 2 | | --- | --- | | 關於我們 | | | 公司資料 | 7 | | 業績摘要 | 9 | | 管理層討論與分析 | | | 業務概覽 | 11 | | 業績分析 | 21 | | 專項分析 | 44 | | 重要事項 | 47 | | 未來展望 | 48 | | 內含價值 | 50 | | 其他資料 | 57 | | 財務報表及其他 | | | 獨立審閱報告 | 71 | | 合併財務報表及附註 | 72 | 02 釋義 釋義 「公司章程」或「章程」 指 《陽光保險集團股份有限公司章程》 「董事會」 指 本公司董事會 「監事會」 指 本公司監事會 「《企業管治守則》」 指 上市規則附錄C1所載的企業管治守則 「中國銀保監會」 指 中國銀行保險監督管理委員會，中國銀監會與中國保監會按國務 院於2018年3月24日發佈的《國務院關於機構設置的通知》（國發 [2018]6號）合併成為的監管機構，以 ...

Investment Rating - The report maintains a "Recommended" rating for the insurance and securities sectors, indicating a positive outlook for these industries [6]. Core Insights - The insurance sector experienced significant growth in premium income, with total insurance premium income reaching 479.98 billion yuan from January to August 2025, a year-on-year increase of 9.6%. In August alone, the premium income was 59.13 billion yuan, up 35.6% year-on-year [1]. - The report highlights the ongoing reforms in the capital market, which are expected to enhance its attractiveness. The direct financing proportion has increased to 31.6%, up 2.8 percentage points from the end of the 13th Five-Year Plan [3]. - The report emphasizes the importance of stable monetary policy and the implementation of tools to maintain capital market stability, which has improved the resilience and risk resistance of the A-share market [4]. Summary by Sections Market Review - The broad market indices showed a rebound, with the Shanghai Composite Index increasing by 0.21% and the ChiNext Index rising by 1.96% during the week [10]. Securities Sector - The total trading volume in the Shanghai and Shenzhen markets reached 11.46 trillion yuan, with a daily average trading amount of 2.29 trillion yuan, reflecting a year-on-year increase of 116.72% [17]. - The IPO underwriting scale for the year reached 69.90 billion yuan, marking a 112% increase compared to 2024 [17]. Insurance Sector - The life insurance premium income for the first eight months of 2025 was 357.97 billion yuan, up 11.4% year-on-year, while property insurance premium income was 122.01 billion yuan, up 4.7% [1]. Liquidity Tracking - The central bank conducted 2.47 trillion yuan in reverse repos and 600 billion yuan in MLF operations, resulting in a net injection of 880.6 billion yuan [28]. Industry News and Company Announcements - The report notes significant achievements in the financial sector during the 14th Five-Year Plan, including a total of 10.6 trillion yuan in dividends and buybacks by listed companies, which is an increase of over 80% compared to the previous plan [2][35]. Investment Recommendations - The report suggests focusing on key insurance companies such as Sunshine Insurance, China Pacific Insurance, and China Life, as well as top securities firms like CITIC Securities and Huatai Securities [38].

护航成长路，播种金融安全之种 智通财经APP获悉，阳光保险(06963)积极响应国家金融监督管理总局关于2025年"金融教育宣传周"的工作部署，围 绕"保障金融权益 助力美好生活"主题，积极面向老年人、青少年、新市民、外籍来华人士等重点群体，组织开展了 一系列金融教育宣传活动，切实履行金融为民的社会责任，为保护金融消费者权益、助力构建和谐健康金融消费环 境贡献力量。 暖新更暖心，守护新市民安居乐业 守护夕阳红，筑牢防骗反诈防线 阳光保险积极走进福利院、社区及老年活动中心等老年人聚集场所，普及防范养老诈骗、识别非法集资、保护个人 信息等金融知识。其中，阳光人寿江苏分公司徐州中支党支部走进泉山区老年大学，以浅显易懂的语言深度剖析养 老诈骗典型套路，手把手指导老年朋友识别诈骗分子常用话术与伪装手段，从源头上筑牢老年群体财产安全"防护 网"。阳光财险广东分公司为老年人发放大字版金融知识及风险提示宣传折页，贴心赠送实用礼品，帮助老年人守 护"养老钱"。 阳光保险联合各地学校开展金融风险提示进校园活动，向青少年普及防范电信诈骗、识别"校园贷"等金融陷阱。其 中，阳光人寿湖南分公司走进长沙市泉塘第二小学足球校队，结合真实案 ...

Regulatory Dynamics - Nine departments encourage Chinese export credit insurance companies and other insurance institutions to increase support for service exports [8][9] - The central bank maintains the 1-year and 5-year LPR unchanged at 3.0% and 3.5% respectively [10] - The Ministry of Human Resources and Social Security reports that the basic pension insurance fund has achieved positive returns for eight consecutive years, with an average investment return rate of 5.15% [11] - The number of people covered by basic pension insurance in China reaches 1.072 billion, increasing by over 7.3 million since the end of the 13th Five-Year Plan [12] - Over 20 million new employment form workers are covered by occupational injury insurance [13] - The National Medical Insurance Bureau has included 42 rare diseases in the national medical insurance catalog [14] - The National Medical Insurance Bureau releases a long-term care insurance service catalog consisting of 20 life care and 16 medical care items [15] - The Financial Regulatory Administration holds a seminar with ASEAN and China-Japan-Korea financial regulatory agencies [16] - Financial Regulatory Administration head Li Yunzhe meets with Ray Dalio, founder of Bridgewater Associates [17] - The total assets of the banking and insurance industries exceed 500 trillion, with an average growth of nearly 9% over the past five years [18] Company Dynamics - China Ping An increases its stake in Agricultural Bank of China by 115 million HKD [29] - Sunshine Life increases its stake in China Ruyi by 113 million HKD [30] - Great Wall Life raises its stake in New Tian Green Energy to 5.00%, triggering a disclosure requirement [31] - Great Wall Life increases its stake in Qin Port shares by 1 million shares [32] - Ping An Life acquires a stake in Jingchang Logistics [33] - Ping An Overseas issues a 300 million USD 10-year senior unsecured bond with a coupon rate of 5% [34] - Fosun United receives approval for capital increase, with the International Finance Corporation and Asian Development Bank as new shareholders [35] - Ruizhong Life reduces its stake in Qinsong shares by over 9.55 million shares [36] - China Reinsurance receives approval for issuing capital supplement bonds [37] - Bank of China Samsung is approved to issue perpetual capital bonds [38] - China Life establishes a health management company in Nanjing [39] - Sunshine Insurance unveils Sunshine Hengyi Private Fund Management Co., Ltd. [41] - Bank of China Samsung establishes an equity investment partnership in Tianjin with a contribution of 1.1 billion [42] - Tianmao Group's cash option for delisting is executed, involving over 2.3 billion [43] - Huanghe Property Insurance's 125 million shares are up for auction with a starting price of 115 million [44] Industry Dynamics - Social insurance capital's A-share holdings exceed 2 trillion, reaching a historical high [55] - JPMorgan Chase invests approximately 135 billion HKD in China Pacific Insurance H-shares [56] - Mainland insurance companies attract record inflows in Hong Kong stocks [57] - Insurance capital's real estate investment scale significantly increases in the first half of 2025 [58] - The second batch of Sci-Tech Bond ETFs sees substantial institutional investment [59] - Goldman Sachs reports a surge of hedge funds into banking, insurance, and consumer finance sectors [60] - The first commercial insurance innovation drug catalog completes expert review, with five high-cost CAR-T drugs approved [61] - AI applications in the insurance industry are accelerating, with significant productivity potential [62][63] - The health insurance structure is changing, with medical insurance growth surpassing critical illness insurance [65]

中国经济网北京9月25日讯 国家金融监督管理总局网站今日公布的国家金融监督管理总局浙江监管局行政处罚信息公开表显示，阳光财产保险股份有限 公司浙江省分公司及相关责任人、阳光财产保险股份有限公司台州中心支公司及相关责任人、阳光财产保险股份有限公司杭州中心支公司及相关责任人被 罚。 以下为原文： 阳光财产保险股份有限公司浙江省分公司及相关责任人未按照规定使用经批准或者备案的保险条款、保险费率。浙江金融监管局对阳光财产保险股份有 限公司浙江省分公司罚款40万元；对徐宗康警告并罚款7万元。 阳光财产保险股份有限公司台州中心支公司及相关责任人利用保险代理人虚构保险中介业务套取手续费。浙江金融监管局对阳光财产保险股份有限公司 台州中心支公司罚款13万元；对张明会警告并罚款4万元。 阳光财产保险股份有限公司杭州中心支公司及相关责任人利用保险代理人虚构保险中介业务套取手续费。浙江金融监管局对阳光财产保险股份有限公司 杭州中心支公司罚款13万元；对周九天警告并罚款4万元。 （责任编辑：华青剑） | 序号 | 当事人名称 | 主要违法违规行为 | 行政处罚内容 | 作出决定机关 | | --- | --- | --- | --- ...

Group 1 - The company is expected to achieve a year-on-year increase of 45.8% in net profit attributable to shareholders, reaching 5.449 billion yuan in 2024, with a steady profit performance in the first half of 2025, showing a year-on-year growth of 7.8% to 3.389 billion yuan [1] - The company has a high dividend payout ratio of 40.1% in 2024, ranking first among listed insurance companies, with a calculated dividend yield of 5.4%, placing it second in the industry [1] - The company emphasizes shareholder returns, with an anticipated increase in focus on per-share dividend growth in the upcoming period, highlighting its high dividend characteristics [1] Group 2 - The company has shown strong resilience and growth in its individual insurance business, with a year-on-year increase in new business value (NBV) of 44.2% and 43.3% for 2023 and 2024, respectively, and a 47.3% increase in the first half of 2025, reaching 4.008 billion yuan [2] - The bancassurance channel remains a traditional advantage for the company, benefiting significantly from the "reporting and operation integration," with channel NBV growth of 6.4 percentage points and 7.2 percentage points in 2024 and the first half of 2025, respectively [2] - The contribution of the bancassurance channel to total NBV is significantly higher than that of other listed insurance companies, with a total NBV of 2.868 billion yuan and 2.452 billion yuan in 2024 and the first half of 2025, respectively [2] Group 3 - The company has seen a significant decline in liability costs, with a year-on-year decrease in NBV to effective business value ratio of 80 basis points and 11 basis points, reaching 2.91% and 2.85% in 2024, respectively [3] - The net investment yield and the difference between NBV and effective business value yield are expected to improve, with year-on-year increases of 100 basis points and 31 basis points, respectively [3] - The company is focused on asset-liability matching and controlling liability costs, launching dividend-type products with predetermined rates of 1.75% and 1.5% in the second quarter of 2025 to support stable operations [3] Group 4 - The company has increased its equity allocation in the secondary market, with a rise of 1.28 percentage points to 15.1% as of June, and a stock allocation level that continues to improve, reaching 14.1% [4] - The proportion of FVOCI stocks has increased by 1.4 percentage points to 70.38%, significantly higher than that of peers [4] - The company’s Contractual Service Margin (CSM) has shown steady growth, with a year-on-year increase of 12.6% to 50.9 billion yuan, maintaining a stable amortization speed [4]