NCI(601336) 财经网·2025-03-27 11:13Core Insights - Xinhua Insurance reported record highs in key financial metrics for 2024, including original insurance premium income of 170.5 billion yuan, total assets of 1.69 trillion yuan, and net profit attributable to shareholders of 26.229 billion yuan [1] - The company achieved a new business value of 6.253 billion yuan, representing a year-on-year growth of 106.8% [1] - The comprehensive investment return rate improved significantly to 8.5%, an increase of 5.9 percentage points compared to the previous year [1] Financial Performance - In 2024, Xinhua Insurance's original insurance premium income reached 170.511 billion yuan, a year-on-year increase of 2.8% [1] - The first-year premium income for long-term insurance was 27.220 billion yuan, up 15.6% year-on-year, while the renewal premium accounted for 75% of total premiums [2] - The total investment scale was 1.629 trillion yuan, with a total investment return rate of 5.8% [2] Business Structure and Strategy - The proportion of first-year premium income from long-term insurance reached 70.1%, an increase of 12.6 percentage points year-on-year [2] - Xinhua Insurance is actively investing in health and elderly care industries, with 21 quality health and wellness communities established across 16 cities [2] - The company has implemented a customer-centric strategic transformation, resulting in improved business quality, with a 13-month persistency rate of 95.7% [3] Dividend Distribution - Xinhua Insurance plans to distribute a total cash dividend of 7.893 billion yuan for 2024, which is an increase of 197.6% compared to the previous year [3] - The company will pay a mid-term cash dividend of 0.54 yuan per share and a year-end cash dividend of 1.99 yuan per share [3]