Zhong Guo Jing Ji Wang·2025-08-30 02:47Core Viewpoint - The company has demonstrated significant business transformation and growth in new business value, with a strong outlook for the insurance industry, emphasizing the potential for further development and competitive strength [1][2]. Business Performance - In the first half of 2025, the company reported original insurance premium income of 121.3 billion, a year-on-year increase of 22.7%, and new business value of 6.182 billion, up 58% year-on-year [1]. - The company’s total assets reached 1.78 trillion, growing by 5% compared to the end of the previous year, while the investment scale exceeded 1.7 trillion, also up by 5.1% [4]. Strategic Initiatives - The company has established a dynamic adjustment mechanism for product preset interest rates to enhance asset-liability linkage and diversify product offerings, thereby improving product competitiveness [2]. - The company is focusing on a multi-dimensional product matrix and integrating products with services to create comprehensive insurance solutions [2]. Investment Strategy - The company aims to optimize asset allocation through asset-liability linkage, maintaining a strategic focus on long-term bonds and enhancing fixed income investment capabilities [4][5]. - The company is actively investing in the Honghu Fund, which has successfully completed its first two phases and is progressing well in its third phase, with planned contributions of 46.25 billion [6][7]. Future Outlook - The company is committed to maintaining a value-centric approach, focusing on high-quality development and optimizing key value drivers to achieve sustainable growth in intrinsic value [3].