财信人寿 ：2025年发展活力迸发，加速向高质量跃升发展

Core Insights - The company has achieved significant breakthroughs in net profit, market competitiveness, and investment returns since 2025, aligning closely with industry development trends and local development strategies [1][2]. Financial Performance - As of the end of Q3 2025, the company reported a net profit of 670 million yuan, successfully turning from loss to profit year-on-year, with a solid foundation for long-term profitability [2]. - The company ranks 29th in total assets, 27th in net assets, 26th in insurance business income, and 17th in net profit among 57 disclosed non-listed life insurance companies, with a notable rise of 35 places in net profit ranking compared to the end of 2024 [2]. Investment Strategy - The company leverages its "patient capital" advantage, focusing on supporting the real economy and national strategies through strategic investment management, particularly in technology innovation and green transformation [3]. - It has established a three-tier investment matrix that supports local industry development and aligns with national strategic needs, including investments in local high-tech enterprises and national-level funds [3]. Green Finance Initiatives - The company has integrated green finance into its core strategy, with cumulative investments exceeding 1 billion yuan in related fields by November 2025, utilizing various financial tools to create synergies [4]. - It has innovatively activated the value of large clean energy infrastructure through asset securitization and has made forward-looking investments in green infrastructure projects [4]. REITs Leadership - The company has pioneered multiple industry precedents in public REITs investment, including the establishment of the first REITs strategic cooperation fund and participation in the first foreign-funded consumption REIT in the domestic market [5]. - It has achieved significant financial performance with a total financial return of 2.478 billion yuan and an investment return rate of 5.13% as of Q3 2025 [5][6]. Business Transformation - The company has made substantial improvements in its product structure, with new business value reaching 413 million yuan and a significant increase in the proportion of long-term premium products [7]. - The cost of liability capital has decreased from 4.06% at the end of 2023 to 3.25% currently, laying a solid foundation for sustainable business development [7]. Contribution to Local Economy - The company has injected strong momentum into regional economic development, with investments in Hunan province totaling 2.847 billion yuan by the end of Q3 2025, and a cumulative investment of 44.999 billion yuan since its establishment [8]. - It emphasizes long-termism and value creation, aiming to contribute more to local economic development and public welfare [8].