“左手倒右手”增资13.57亿元，鼎和财险以资本公积金转增注册资本

Core Viewpoint - Dinghe Property Insurance has announced an increase in registered capital from 4.643 billion to 6 billion yuan through capital reserve conversion, totaling 1.357 billion yuan, which requires regulatory approval to take effect [2][3]. Group 1: Capital Increase Method - The capital increase is achieved by converting accumulated capital reserves into registered capital, maintaining the total equity of shareholders and avoiding cash flow involvement, thus saving company cash [2][3]. - This method is uncommon in the industry and does not dilute existing shareholders' equity [2][3]. Group 2: Company Performance - Dinghe Property Insurance has shown significant growth in premium income, increasing from 121 million yuan at inception to 7.535 billion yuan in 2024, with net profits consistently positive over the past decade [5][6]. - The company aims to achieve a target of 10 billion yuan in premiums and 2 billion yuan in net profit by 2025, although it is currently behind schedule [5][6]. Group 3: Shareholder Support and Market Position - The company benefits from strong support from its electric power shareholders, with related party transactions contributing significantly to premium income [6]. - The primary insurance product is auto insurance, which has faced underwriting losses since 2020, reflecting broader challenges in the auto insurance market for smaller companies [6][7]. Group 4: Future Strategies - Dinghe Property Insurance is exploring new business opportunities in the renewable energy sector, aiming to provide tailored insurance products for new energy enterprises and electric vehicle users [7]. - The appointment of a new general manager with extensive experience in leading insurance companies is expected to bring fresh perspectives to the company's development [7].