天茂集团(000627) - 2024 Q2 - 季度业绩预告

Financial Performance - The company expects a net loss for the reporting period to be between -420 million CNY and -330 million CNY, representing a decline of 124% to 76% compared to the same period last year[1] - The net loss after deducting non-recurring gains and losses is projected to be between -430 million CNY and -340 million CNY, a decrease of 131% to 83% year-over-year[1] Insurance Premiums - The original insurance premium income for the first half of 2024 reached 24.608 billion CNY, maintaining basic stability in premium income[3] Impact of Market Conditions - The company’s subsidiary, Guohua Life, has been impacted by the decline in the 750-day moving average of government bond yields, leading to increased reserve provisions[2] - The company is focusing on optimizing product structure and reducing liability costs to mitigate the adverse effects of increased reserve provisions[2] - The company aims to enhance operational capabilities while adjusting business pace and structure according to market conditions[3] Business Strategy and Improvement - The company is committed to continuous improvement in business structure optimization and asset-liability matching[9] - The company will provide detailed disclosures regarding the specific operating performance in the 2024 semi-annual report[4] Investor Awareness - The company emphasizes the importance of rational investment and risk awareness for investors[4] - The company has designated specific media for information disclosure, including China Securities Journal and Shanghai Securities Journal[10]