太平资产获批设立私募证券投资基金公司

Core Viewpoint - China Taiping's subsidiary, Taiping Asset, has received approval from the National Financial Regulatory Administration to establish Taiping (Shenzhen) Private Securities Investment Fund Management Co., aiming to enhance long-term investment in the capital market and support the real economy [1] Group 1: Company Developments - Taiping Asset's total asset management scale is expected to exceed 1.5 trillion yuan by the end of 2024 [1] - The establishment of the private securities investment fund company is part of a response to the reform pilot for long-term investment of insurance funds [1] - The company plans to implement strict fund operation management and establish a long-term assessment mechanism tailored to the characteristics of insurance capital [1] Group 2: Strategic Goals - The initiative aims to increase the investment of long-term capital in the capital market, reinforcing the role of insurance funds as a "stabilizer" and "ballast" for the economy [1] - China Taiping expresses confidence in the development prospects of the Chinese economy and capital market, committing to long-term, value, and prudent investment principles [1] - The company emphasizes its responsibility as a central enterprise to contribute to the stability of the capital market and the high-quality development of the real economy [1]