
Core Insights - ZhongAn Online P&C Insurance Co., Ltd. reported a total premium of 1.478 billion yuan in the automotive ecosystem, representing a year-on-year growth of 34.2% [1] - The company achieved a breakthrough in operating compulsory traffic insurance independently in Shanghai and Zhejiang, marking a significant milestone from "0 to 1" [1] - ZhongAn capitalized on the growth opportunity in the new energy vehicle insurance sector, with total premiums for new energy vehicle insurance increasing by approximately 125.4% year-on-year, accounting for over 18% of the company's total automotive insurance premiums [1] - The company launched an innovative product called "Zhongyanbao" to address the maintenance cost challenges for vehicles beyond the original factory warranty period [1]