保险中介陆续退出新三板 挂牌机构仅剩9家

Core Viewpoint - Huakai Insurance has received a decision to terminate its stock listing on the New Third Board, reflecting the ongoing challenges faced by insurance intermediaries in recent years [1][2]. Company Summary - Huakai Insurance announced that if it does not submit a review application within the specified period, its stock will resume trading on December 8 and will be delisted on December 22 [2]. - The primary reason for the delisting is the company's failure to complete its 2024 annual report on time, leading to multiple risk warning announcements [2]. - The company has faced administrative penalties for providing false financial data and failing to register for selling insurance products [3]. - Established in 2012 and listed on the New Third Board in 2015, Huakai Insurance experienced rapid revenue growth initially, with revenues increasing from 94 million to 551 million from 2015 to 2018. However, revenues have declined continuously from 2019 to 2022, with a net loss of 3.25 million in 2022 [3]. Industry Summary - The case of Huakai Insurance reflects the broader challenges faced by small and medium-sized insurance intermediaries, which need to enhance their core competitiveness [4]. - The number of insurance intermediaries listed on the New Third Board peaked at 30 in 2017 but has since seen a net outflow, with only 9 remaining, including 2 insurance appraisal companies [4]. - Many intermediaries are focusing on their core business and voluntarily delisting to reduce operational costs, which is seen as a pragmatic strategic adjustment [5]. - The remaining listed intermediaries have generally underperformed, with 5 out of 9 reporting losses in the first half of the year, and 2 experiencing a decline in net profit [5]. - Experts suggest that these intermediaries should adopt a professional and differentiated approach, leveraging technology to enhance efficiency and shift from merely selling products to co-developing customized products with insurance companies [6].