China Suntien Green Energy(SH:600956) Zhong Guo Jing Ying Bao·2025-12-12 06:41Core Viewpoint - Changcheng Life Insurance received a regulatory warning from Hebei Securities Regulatory Bureau for violating securities laws during its stock trading activities, specifically regarding its stake in Xintian Green Energy [1][2] Group 1: Regulatory Actions - On December 9, 2025, Hebei Securities Regulatory Bureau issued an administrative warning to Changcheng Life Insurance for failing to halt trading after its stake in Xintian Green Energy exceeded 5% [1][2] - The company acknowledged the violation, attributing it to operational issues in monitoring and executing trades, and committed to improving its internal control and risk management processes [1][2] Group 2: Stock Trading Activities - On September 23, 2025, Changcheng Life Insurance increased its holdings in Xintian Green Energy by purchasing 1 million shares, bringing its total to 210 million shares, which accounted for 5.0027% of the company's total equity [1][2] - Following this, the company disclosed its trading activity in a simplified equity change report on September 24, 2025 [1][2] Group 3: Market Presence and Financial Performance - Changcheng Life Insurance has been an active player in the capital market, having made significant investments in over ten listed companies, including Zhejiang Jiaokao and Jiangnan Water Affairs [4] - For Q3 2025, the company reported an investment yield of 2.10% for the quarter and a cumulative yield of 4.65% for the first three quarters [4] - The insurance business generated a total revenue of 21.455 billion yuan in the first three quarters of 2025, a decrease of 5.92% compared to the previous year [4] - As of September 30, 2025, the company reported a total premium income of 22.905 billion yuan, down 12.46% year-on-year, with new policy premiums dropping by 43.04% [5]