PICC(601319) 证券日报网·2025-05-20 10:54Core Viewpoint - China People's Health Insurance Co., Ltd. has integrated its development into the national multi-level social security system over the past 20 years, showcasing significant growth in business scale and profitability while contributing to national system innovation and medical insurance governance [1][2]. Group 1: Company Development and Achievements - Since its establishment, the company has developed innovative insurance service models, including the "Zhanjiang Model" for commercial insurance services, the "Taicang Model" for critical illness insurance, and the "Qingdao Model" for long-term care insurance [2]. - The risk protection amount undertaken by the company increased from less than 1 trillion to 170.9 trillion yuan from 2005 to 2024, while the compensation amount rose from less than 1 million to 22.91 billion yuan [2]. - The company's premium income surged from 0.05 billion to 48.7 billion yuan during the same period, achieving an average annual compound growth rate of 43.1% [2]. - Total assets reached 141.26 billion yuan, and net assets grew to 14.64 billion yuan, with a cumulative increase of nearly 15 times from 2005 to 2024 [2]. Group 2: Future Strategy and Goals - The company aims to fully implement the financial "Five Major Articles" and the new "National Ten Articles" for the insurance industry, aligning with the strategic deployment of China People's Insurance Group to build a world-class insurance financial group [3]. - The strategic positioning focuses on becoming a first-class health insurance company with effective functionality and outstanding health management advantages, driven by deepening reform and innovation [3].