Zhi Tong Cai Jing·2025-08-20 09:45Core Insights - ZhongAn Online reported a total premium of RMB 16.661 billion for the first half of 2025, marking a year-on-year growth of 9.3% [1] - The company achieved an underwriting profit growth of 108.9% and a net profit attributable to shareholders of RMB 668 million, a significant increase of 1103.5% compared to the same period in 2024 [1] Group 1: AI and Technology Integration - ZhongAn is actively integrating AI, blockchain, cloud computing, and big data into its operations, leading the industry in AI technology adoption [2] - The AI platform "Zhong You Lingxi" has become a core engine for business transformation, with nearly 110 active robots and a total of 450 million calls in the first half of 2025 [2] Group 2: Core Business Performance - The health ecosystem's total premium reached RMB 6.275 billion, a year-on-year increase of 38.3%, providing coverage for approximately 15.21 million insured users [3] - The flagship health insurance product "Zunxiang eSheng" generated approximately RMB 4.25 billion in premiums, while the "Zhongminbao" series saw a staggering growth of 638.8% with total premiums of about RMB 1.03 billion [3] Group 3: Digital Life Ecosystem - The digital life ecosystem generated premiums of RMB 6.209 billion, with innovative business premiums reaching RMB 2.49 billion, accounting for 40.1% of the total [4] - The pet insurance segment achieved a premium of nearly RMB 563 million, growing over 51.3%, and ZhongAn has served over 7.11 million pet owners [4] Group 4: Automotive Ecosystem - The automotive ecosystem reported total premiums of RMB 1.478 billion, a year-on-year increase of 34.2% [5] - The company has independently operated compulsory traffic accident insurance in Shanghai and Zhejiang, and the premium for new energy vehicle insurance grew approximately 125.4% [5] Group 5: ZA Bank Performance - ZA Bank, a subsidiary of ZhongAn International, achieved a net profit of HKD 49 million in the first half of 2025, marking a historic turnaround [7] - The bank's net income reached approximately HKD 457 million, a year-on-year increase of 82.1%, with non-interest income growing by 272.1% [7]