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。 承董事會命 中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司 傅 帆 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。 关于持股 5%以上股东国有股权无偿划转股份过户完成的公告 一、本次国有股权无偿划转前期基本情况 董事長 香 港，2025年9月27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 ...

Core Viewpoint - The article discusses the current trends and future outlook of the insurance industry in China, highlighting the impact of regulatory changes and market dynamics on growth opportunities and challenges [2]. Group 1: Industry Trends - The insurance market in China is projected to grow significantly, with a compound annual growth rate (CAGR) of approximately 10% over the next five years [2]. - Regulatory reforms are expected to enhance transparency and consumer protection, which may lead to increased trust in insurance products [2]. - The rise of digital insurance platforms is transforming the distribution model, making it easier for consumers to access insurance products [2]. Group 2: Company Insights - Major players in the insurance sector are focusing on technology integration to improve operational efficiency and customer experience [2]. - Companies are increasingly investing in data analytics to better understand consumer behavior and tailor products accordingly [2]. - The competitive landscape is intensifying, with both traditional insurers and new entrants vying for market share [2].

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。 证券代码：601601 证券简称：中国太保 公告编号：2025-055 重要提示 本次无偿划转完成后，国际集团直接持有本公司 A 股 97,128,700 股，H 股 213,043,400 股，国际集团及其合并报表范围内的子公司共持有本公司 A 股 1 740,082,807 股，H 股 219,471,800 股，合计 959,554,607 股，占本公司总股本的 9.97%。久事集团直接持有本公司 A 股 146,539,460 股，占本公司总股本的 1.52%。电气控股直接持有本公司 A 股 10,000,000 股，占本公司总股本的 0.10%。 本公司仍无控股股东和实际控制人。 特此公告。 中国太平洋保险（集团）股份有限公司 关于持股 5%以上股东国有股权无偿划转股份过户完成的公告 一、本次国有股权无偿划转前期基本情况 本公司于 2025 年 9 月 15 日收到公司持股 5%以上股东上海国际集团有限公 司（以下简称"国际集团"）《关于无偿划转中国太平洋保险（集团）股 ...

Core Insights - The article discusses the evolving role of property insurance in supporting new production capacities and emerging risks in industries such as drone technology, innovative pharmaceuticals, and autonomous vehicles [1] Group 1: Insurance Support for Specialized Enterprises - The article highlights the case of Ding Sheng Silk, a company that modernized its production of Song Jin fabric, significantly increasing production speed by 200 times through technological upgrades [3][4] - Ding Sheng Silk has utilized various insurance products from China Pacific Insurance, including machinery damage insurance and intellectual property infringement insurance, to safeguard its operations and support its growth [4][5] - The company has also benefited from a loan guarantee insurance that enabled it to secure 5 million yuan in financing during its early development stages [4] Group 2: Cybersecurity Insurance - The article emphasizes the increasing importance of cybersecurity insurance for technology companies, particularly in light of rising digital threats [7][8] - China Pacific Insurance has initiated a pilot program for cybersecurity insurance in Suzhou, providing coverage for data recovery costs, ransomware losses, and cybersecurity liability [8] - As of 2024, the company plans to provide over 200 million yuan in cybersecurity insurance coverage to 31 high-end manufacturing and information technology enterprises [8] Group 3: Insurance for Pharmaceutical Innovation - The article outlines the significance of insurance in the pharmaceutical sector, particularly for clinical trials and innovative drug development [10][11] - China Pacific Insurance has developed a suite of insurance products tailored for the pharmaceutical industry, including clinical trial liability insurance and product liability insurance [10][11] - In 2024, the company aims to provide 42.3 billion yuan in insurance coverage for 262 biopharmaceutical enterprises in Suzhou, addressing the unique risks associated with drug development [12]

Group 1 - The insurance sector increased by 0.91% on September 26, with Xinhua Insurance leading the gains [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] - Key individual stock performances in the insurance sector included Xinhua Insurance at 60.37 (+1.92%), China Life at 38.48 (+1.26%), and China Pacific Insurance at 35.20 (+1.24%) [1] Group 2 - The net inflow of main funds in the insurance sector was 82.33 million yuan, while retail investors saw a net outflow of 209 million yuan [1] - Xinhua Insurance had a main fund net inflow of 140 million yuan, but a retail net outflow of 76.98 million yuan [2] - China Life experienced a net inflow of 59.89 million yuan from main funds, but also a retail net outflow of 39.32 million yuan [2]

Core Viewpoint - The insurance sector experienced a notable increase on September 25, with major companies such as China Life, New China Life, and China Pacific Insurance rising over 1% [1] Company Summary - China Life saw a significant rise in its stock price, contributing to the overall positive trend in the insurance sector [1] - New China Life also reported an increase in its stock value, aligning with the upward movement in the industry [1] - China Pacific Insurance's stock rose by more than 1%, reflecting investor confidence in the company [1] - China Insurance and Ping An Insurance followed suit, also showing gains in their stock prices [1]

Core Viewpoint - The pet insurance market is experiencing significant growth, with varying attitudes among different insurance companies towards this expanding sector [1] Industry Overview - Out of 89 property insurance companies, 59 are involved in pet insurance products, indicating a strong interest in this market segment [1] - Approximately 33 property insurance companies offer pet medical insurance, representing nearly 40% of the total property insurers, with 132 pet medical insurance products launched, of which around 90 are currently available for sale [1] Company Strategies - ZhongAn Online, an internet-based insurance company, is highlighted as a proactive player in the pet insurance market [1] - Major insurance companies such as People’s Insurance, Ping An, and Taikang, along with smaller firms like Cathay Insurance, JD Allianz, and Taikang Online, are actively developing related business [1] - However, over 50 property insurance companies have not yet launched any pet medical insurance products, and some companies that initially entered the market have since withdrawn their offerings [1]

Core Viewpoint - The Pu'er Financial Regulatory Bureau has approved the relocation of China Pacific Property Insurance Co., Ltd.'s Zhenyuan branch to a new address in Yunnan Province, indicating ongoing operational adjustments within the company [1]. Group 1 - The new business location for China Pacific Property Insurance Co., Ltd.'s Zhenyuan branch is specified as: Building 3, Room 105, 1-2 floors, Hani (Kusong) Family A Group, Binhai Road, Zhenyuan Yi Autonomous County, Pu'er City, Yunnan Province [1]. - The company is required to handle the change and obtain the necessary permits in accordance with relevant regulations [1].

Summary of Hong Kong/China Insurance Conference Call Industry Overview - The Hong Kong/China insurance industry is on track for a high-quality transition with sustained healthy demand and improved Value of New Business (VNB) margins, alongside a better product mix [1][3] - The asset side is expected to benefit from a stable interest rate environment and a healthy stock market [1][3] Key Insights - **Market Outlook**: Despite some uncertainty regarding 3Q25 results, the outlook for Hong Kong/China insurance remains attractive [1][3] - **Investment Trends**: - Stock investment balance reached RMB 3.1 trillion in 1H25, accounting for 8.5% of overall insurance fund assets, the highest since 2022 [19][23] - Insurers are expected to provide over RMB 1 trillion in new inflows into the stock market annually for 2025 and 2026 [21][23] - **Performance Metrics**: - Group earnings showed healthy year-on-year growth in 1H25, with an increase in Return on Equity (ROE) across most insurers [28][30] - Life insurance business quality has improved, with strong VNB growth across peers [40][41] Company-Specific Highlights - **AIA**: - Projected insurance revenue growth from USD 19.3 billion in FY24 to USD 25.9 billion in FY27 [80] - Operating profit before tax expected to rise from USD 7.8 billion in FY24 to USD 10.8 billion in FY27 [80] - **Ping An**: - Remains a top pick due to its strong fundamentals and market position [79] - **FWD**: - Experienced a slight decline in stock price but maintains a solid market presence [8] Investment Performance - **Share Price Performance**: - AIA's share price increased by 26.5% year-to-date, while Ping An's increased by 12.8% [8] - Overall, the insurance sector has shown resilience with significant year-on-year performance improvements [8] Regulatory Environment - The regulatory environment is encouraging active stock allocations, which is expected to continue [19][23] Risks and Considerations - Short-term outlook remains defensive due to unclear 3Q results and potential impacts from interest rate changes [79] - Long-term prospects are positive, driven by healthy demand and improved margins [79] Conclusion - The Hong Kong/China insurance industry is positioned for growth with a favorable investment landscape and improving operational metrics, making it an attractive sector for investors [1][3][79]

Core Viewpoint - The company is enhancing agricultural insurance services through digital transformation and technology integration, focusing on proactive risk management and efficient loss assessment to support local food security and rural revitalization efforts [1][3][5] Group 1: Innovation in Service Model - The company has shifted from a "passive compensation" model to an "active risk reduction" approach by implementing a new risk management model that includes "growth monitoring + disaster assessment" [1] - Utilizing high-resolution satellite remote sensing technology, the company conducts monthly crop growth monitoring to identify potential risks early, allowing for proactive disaster prevention [1][3] Group 2: Efficient Loss Assessment - The company leverages satellite imagery to quickly and accurately assess disaster losses, particularly in drought-affected areas, ensuring fair compensation for farmers [3] - A combination of remote sensing analysis and on-site sampling allows for objective and precise loss assessment, addressing traditional challenges in manual inspections [3] Group 3: Commitment to Farmers - The company's innovative practices reflect its commitment to enhancing agricultural insurance service quality through technology, ensuring that farmers experience fairness and convenience [5] - Future plans include further promoting the implementation of policy-based planting insurance to achieve a comprehensive transition from traditional to digital insurance services, thereby improving the accuracy of underwriting and claims [5]