增资、调帅、换将！国联人寿变数频频

Core Viewpoint - Guolian Life Insurance Co., Ltd. is undergoing significant management changes, including the resignation of General Manager Zhao Xuejun and the appointment of Niu Leilei as the interim head, following the recent retirement of Chairman Ding Wubin. These changes come amid ongoing financial struggles, including substantial losses and a recent capital injection of 3 billion yuan [1][3][9]. Management Changes - Zhao Xuejun resigned as General Manager for personal reasons, having served less than a year since his appointment in January 2023 [4]. - The company has experienced frequent changes in its general manager position since its establishment, with previous managers serving less than two years [4]. - The board has also seen changes, with Ding Wubin retiring due to age and being succeeded by Qian Fang [4]. Financial Performance - Guolian Life has not achieved stable profitability since its inception in December 2014, with only three profitable years (2015, 2021, and 2024) [7]. - In the first half of 2025, the company reported an insurance business income of 4.406 billion yuan, a year-on-year increase of 4.59%, but a net loss of 236 million yuan, which is a 124.12% increase in losses compared to the same period in 2024 [7]. - The second quarter of 2025 saw a net loss of 311 million yuan, indicating a significant decline in performance compared to the first quarter, which had a profit of 74.18 million yuan [7]. Capital Injection - In June 2023, Guolian Life completed a capital increase, raising its registered capital from 2.1 billion yuan to 4.659 billion yuan, with a total injection of 3 billion yuan [9][10]. - The capital increase involved seven new state-owned shareholders, which is expected to enhance the company's financial stability and risk management capabilities [9][10]. - The involvement of local state-owned enterprises is anticipated to provide additional resources and support for the company's development in various sectors, including cultural tourism and health [10].