幸福人寿董事会“换血”：建信人寿原首席投资官何六艺或任董事长

Core Viewpoint - The new board of directors for Xingfu Life Insurance has been elected, with significant changes in leadership and a focus on improving the company's financial performance [2][3]. Group 1: Board of Directors - Xingfu Life Insurance announced the election of its sixth board of directors, including both equity and independent directors [2]. - Notable new directors include He Liuyi, who previously served as Chief Investment Officer at Jianxin Life, and Fu Anping, who is still listed as General Manager at Zhujiang Life [3]. Group 2: Shareholding Structure - The largest shareholder of Xingfu Life is Chengtai Property Insurance, holding 30% of the shares, followed by Dongguan Transportation Investment Group with 20.995% [4]. - Several shareholders, including Sanbao Group and Shenzhen Tuotian Investment Management, have shares that are pledged or frozen [4]. Group 3: Financial Performance - Xingfu Life's net profit decreased from 516 million yuan in 2021 to 171 million yuan in 2022, and it reported a net loss of 278 million yuan in 2023 [4]. - In the first three quarters of 2024, the company recorded a net loss of 64.42 million yuan but managed to turn a profit in the fourth quarter, achieving a net profit of 178 million yuan for the year [4]. - For the first half of 2025, Xingfu Life reported insurance business income of 13.925 billion yuan and a net profit of 413 million yuan [5]. Group 4: Regulatory and Risk Assessment - The core solvency adequacy ratio and comprehensive solvency adequacy ratio for Xingfu Life were reported at 90.69% and 132.26%, respectively, with recent risk ratings classified as B [5]. - Credit rating agencies have downgraded Xingfu Life's credit rating, citing concerns over its large scale of non-standard investments and high equity investment asset ratio, which may lead to potential losses in a volatile market [4].