释放15亿元增资信号后两副总获批，三峡人寿“逆袭”靠什么

Core Viewpoint - The recent approval of two new vice presidents at Three Gorges Life Insurance Co., Ltd. signals a strategic move to strengthen management and capital amid ongoing challenges in the insurance sector, including regulatory penalties and a prolonged vacancy in the general manager position [1][5][10]. Management Changes - Wang Kai and Yang Hao have been approved as vice presidents, filling a significant management gap in the company [4][5]. - The company has not had a general manager for over six years, which may indicate deeper issues within its management structure [5][10]. - Wang Kai has a background in local enterprises and is expected to enhance shareholder collaboration, while Yang Hao has been involved in the company's governance [4][5]. Capital Increase - Three Gorges Life has announced a capital increase plan of 1.5 billion yuan, aiming to bolster its financial strength and operational capabilities [1][8]. - The company’s registered capital was raised from 1 billion yuan to 1.537 billion yuan in December 2023, with further plans to increase it to 3.033 billion yuan [7][8]. - The capital increase is seen as a necessary step to improve solvency and support business expansion [8][9]. Financial Performance - Since its establishment in 2017, Three Gorges Life has reported cumulative losses of 990 million yuan, with a significant loss of 252 million yuan in 2024 [9][10]. - The company's insurance revenue decreased by 18.05% year-on-year to 333 million yuan in 2024, indicating ongoing financial struggles [9][10]. Regulatory Challenges - The company faced regulatory penalties totaling 900,000 yuan for various compliance violations, highlighting systemic issues in its governance and operational practices [10][11]. - Strengthening compliance management is crucial for the company to regain market competitiveness and consumer trust [11].