Bei Jing Shang Bao·2025-10-13 10:00Core Viewpoint - Xinhua Life Insurance Co., Ltd. expects a significant increase in net profit for the first three quarters of 2025, projecting a rise of 45% to 65% compared to the same period in 2024, driven by strategic reforms and a positive outlook on the Chinese economy [1][2][4]. Financial Performance Summary - The estimated net profit attributable to shareholders for the first three quarters of 2025 is projected to be between 29.986 billion and 34.122 billion RMB, an increase of 9.306 billion to 13.442 billion RMB compared to 2024 [4][5]. - The estimated net profit excluding non-recurring gains and losses is expected to be between 28.998 billion and 33.141 billion RMB, reflecting an increase of 8.285 billion to 12.428 billion RMB year-on-year [5]. Previous Year Comparison - In the same period of 2024, the net profit attributable to shareholders was 20.680 billion RMB, and the net profit excluding non-recurring items was 20.713 billion RMB [6]. - The total profit for 2024 was reported at 23.281 billion RMB, with a basic and diluted earnings per share of 6.63 RMB [6]. Strategic Initiatives - The company emphasizes a customer-centric strategy, focusing on enhancing market competitiveness and deepening professional, market-oriented, and systematic reforms [2]. - Xinhua Life is committed to high-quality, sustainable development, optimizing asset allocation, and increasing investments in quality assets to withstand low-interest-rate challenges [2].