Core Viewpoint - Hengqin Life Insurance Co., Ltd. has increased its registered capital from approximately 3.137 billion to about 4.989 billion yuan, marking a 59% increase [1] Group 1: Company Overview - Hengqin Life was established in December 2016 and its main business includes life insurance, health insurance, accident insurance, and related reinsurance and investment operations [1] - The shareholders of Hengqin Life include Hengtong Group Co., Ltd., Zhongzhi Enterprise Group Co., Ltd., Zhuhai Huachuang Investment Management Co., Ltd., Suzhou Anyuan Industrial Co., Ltd., and Shenzhen Pearl Red Trading Co., Ltd. [1] - The chairman of Hengqin Life is Qian Zhonghua, who has a background in public service and has held various positions in the insurance industry since 1995 [1] Group 2: Financial Performance - For the first half of 2025, Hengqin Life reported insurance revenue of 4.39 billion yuan and a net loss of 838 million yuan, with a return on equity of -99.09%, indicating ongoing financial difficulties [2] - From 2022 to 2024, Hengqin Life's cumulative net loss reached 1.515 billion yuan [2]
横琴人寿注册资本增59%至49.9亿,64岁董事长钱仲华曾因年龄原因离任中国太保