Zheng Quan Zhi Xing·2025-08-29 17:12Core Viewpoint - China Pacific Insurance (Group) Co., Ltd. has made significant progress in implementing its 2025 "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan, focusing on high-quality development and enhancing operational efficiency [1][2][3]. Group 1: Business Performance and Development - The company has seen continuous improvement in its overall business performance, with a focus on core responsibilities leading to sustained growth in operating results [1]. - New business value in life insurance has grown rapidly, with a significant increase in the proportion of floating income products and over 50% of individual insurance channel products being dividend insurance [1][2]. - The property insurance segment has prioritized profitability, achieving improvements in comprehensive cost ratios and both underwriting profits and investment returns [1][2]. - Health insurance has innovated in product offerings, particularly in commercial health insurance, and has experienced rapid growth in online business [1][2]. Group 2: Innovation and Technology - The company has developed a dedicated risk assessment model for cybersecurity insurance and created a risk map for the biopharmaceutical industry, enhancing its service offerings [3]. - The implementation of AI technologies in core business areas such as sales and claims management has been initiated, with the launch of intelligent claims assistants [3]. Group 3: Governance and Compliance - The company is reforming its supervisory board to enhance governance efficiency and decision-making processes, with a focus on sustainable development [4][5]. - A new intelligent risk control system is being developed to cover major strategic and business risks, improving compliance and risk management capabilities [5]. Group 4: Investor Relations and Market Value Management - The company has established a long-term dividend policy linked to operational profit growth, with a planned cash dividend distribution of RMB 1.08 per share for 2024 [6]. - Efforts to enhance transparency and information disclosure have been intensified, with nearly a hundred reports and disclosures made in the first half of the year [6][7]. - The company has engaged in various investor communication activities to strengthen relationships and protect investor rights, ensuring fair treatment for all investors [7].