Jin Rong Jie·2025-08-04 17:16Core Viewpoint - China Pacific Insurance (China Taibao) is experiencing a strategic shift towards dividend insurance, which is expected to drive future business growth amid a challenging interest rate environment [1] Company Overview - China Taibao's latest stock price is 37.12 yuan, with a slight increase of 0.02 yuan, representing a 0.05% rise [1] - The company reached a daily high of 37.19 yuan and a low of 36.60 yuan, with a trading volume of 890 million yuan [1] - As a significant financial enterprise in Shanghai, China Taibao operates in the insurance sector, providing life insurance, property insurance, and asset management services [1] Business Strategy - The company is accelerating its transition towards dividend insurance, with new policies in the first quarter showing a 18.2% share of new business, a substantial increase of 16 percentage points year-on-year [1] - In response to the policy of lowering the preset interest rates for life insurance, China Taibao, like other leading insurers, is positioning dividend insurance as a core growth driver for the future [1] Capital Flow - On the day of reporting, the net outflow of main capital for China Taibao was 11.1168 million yuan, with a cumulative net outflow of 59.2767 million yuan over the past five days [1]