国资撑腰+老将救场！三峡人寿能止亏吗？

Group 1 - The core point of the article is that Chongqing's only local life insurance company, Three Gorges Life Insurance Co., Ltd., has made significant changes in early 2026, including a major shareholding adjustment and the appointment of a new general manager, which may signal a turnaround for the company after eight years of losses [1][16]. Group 2 - Chongqing Development Investment has increased its stake in Three Gorges Life to 33%, becoming the largest shareholder after acquiring 562 million shares from another state-owned enterprise [3][18]. - The share transfer is part of an internal resource optimization among state-owned enterprises controlled by the Chongqing State-owned Assets Supervision and Administration Commission [5][19]. - Two rounds of capital increases have been facilitated by Chongqing state-owned assets, raising the registered capital from 1 billion yuan to 3.033 billion yuan, resulting in a stable shareholding structure with state-owned shareholders holding 85.17% [5][19]. Group 3 - The long-vacant general manager position has been filled by Lei Wanchun, who has over 20 years of experience in the insurance industry, marking a significant step in stabilizing the company's management [6][20]. - The company had faced management challenges with both the chairman and general manager positions being vacant for extended periods, which hindered its development [8][20]. - The current management team is now complete, including key positions filled by experienced professionals, which is expected to improve operational efficiency [9][22]. Group 4 - Three Gorges Life has not achieved profitability since its establishment in December 2017, with cumulative losses reaching 906 million yuan by the end of 2024 [10][23]. - Insurance business revenue peaked at 11.02 million yuan in 2020 but has declined significantly since then, with only 3.33 million yuan reported in 2024 [11][23]. - The latest solvency report indicates a slight recovery in insurance business revenue to 420 million yuan in the first three quarters of 2025, but the company still reported a net loss of 169 million yuan [13][25].