Bei Jing Shang Bao·2025-08-28 12:14Core Viewpoint - The company emphasizes a focus on efficiency, long-term strategies, and risk management for the second half of the year, signaling a commitment to sustainable growth and transformation [1][3]. Performance Highlights - The company reported a total premium growth rate in the first half of the year, achieving the highest level in nearly five years, with a net profit attributable to shareholders of 40.931 billion yuan, a year-on-year increase of 6.9% [3][4]. - Total investment income reached 127.506 billion yuan, reflecting a 4.2% year-on-year growth, with total assets and investment assets both exceeding 7 trillion yuan [3][4]. Investment Strategy - The company has increased its equity investment by over 150 billion yuan in the first half of the year, focusing on optimizing equity allocation and prioritizing high-dividend stocks [4][6]. - The company plans to enhance its investment structure and maintain a focus on long-term returns while adapting to market changes [4][6]. Business Development - New business value reached 24.337 billion yuan, up 9.5% year-on-year, with individual insurance premiums totaling 400.448 billion yuan, a 2.6% increase [6][7]. - The company is actively promoting floating income products, with dividend insurance accounting for over 50% of the first-year premium of individual insurance [7][8]. Channel Strategy - The company aims to transform and upgrade its sales channels, leveraging its extensive branch network and diverse channel advantages to enhance customer service capabilities [8][9]. - The focus is on achieving synergy among various channels to improve service quality and operational efficiency [8][9]. Inclusive Insurance Development - The company is committed to expanding the coverage and accessibility of inclusive insurance, driven by product innovation and enhanced service delivery [9][10]. - Future efforts will focus on three areas: expanding coverage through innovative products, upgrading services for better customer experience, and ensuring sustainable development through digital empowerment [10][11]. Digital Transformation - The company is pursuing a dual approach to digital transformation: optimizing existing processes and fundamentally restructuring its business model to create a second growth curve [11][12]. - The new digital model has significantly reduced marketing costs and improved product competitiveness, exceeding initial revenue targets for internet channels [11][12].