Cai Fu Zai Xian·2026-02-04 03:34Core Viewpoint - The 2025 Shanghai Inclusive Finance Forum emphasized enhancing the governance system and service quality of inclusive finance, with a focus on how financial institutions can leverage digital transformation to address financing challenges and empower the technology industry. In this context, Ping An Life's "Yuxiang Jinyue" annuity product has gained attention for its robust dividend mechanism and comprehensive service capabilities, aligning with the Shanghai Financial Regulatory Bureau's goal of elevating inclusive financial service capabilities by 2030 [1] Group 1: Product Features and Investment Strategy - The core competitiveness of the "Yuxiang Jinyue" annuity lies in its investment system, utilizing Ping An Life's "Wenguanbao" account designed for dividend insurance, implementing a "three-warehouse" allocation strategy: a long-term strategic warehouse for stable returns, a mid-term situational warehouse for market adaptability, and a short-term tactical warehouse for capturing opportunities. This strategy has resulted in a non-annualized comprehensive investment return rate of 5.4% for Ping An's insurance asset portfolio as of Q3 2025 [3] - The product design allows for continuous growth in cash value after a certain number of years post premium payment, with policyholders able to participate in the distribution of over 70% of the distributable surplus from dividend business, which can also be transferred to a universal account for secondary value appreciation [3] Group 2: Service Ecosystem and Market Differentiation - The dividend insurance market is becoming increasingly homogeneous, with mere capital appreciation failing to meet diverse needs. The "Yuxiang Jinyue" annuity transitions the insurance value from a singular economic compensation to a broader range of services including healthcare, retirement, and lifestyle support through a "product + service" model. The "Tianping An" service ecosystem launched in April 2025 supports this product by linking customers to Ping An Group's comprehensive financial and healthcare resources [4] - As of the end of October, the four major service scenarios have served over 2.01 million customers, with the sports scenario attracting 1.43 million participants, effectively transforming the role from "payer" to "companion" [4] Group 3: Real-Life Impact and Customer Experience - The warmth of financial services is often reflected in moments of risk. A case in Qingdao, Shandong, illustrates this, where a customer configured the "Yuxiang Jinyue" annuity for their father, linking it to home care services. An intelligent fall detection system triggered an alert when the elderly man collapsed, leading to timely emergency assistance. This case exemplifies the regularity of the service system associated with the product [5] - The product's flexible withdrawal customization aligns wealth planning with key life events such as education, entrepreneurship, and retirement, while the dual insured design extends the wealth accumulation period, allowing a single policy to meet the needs of two generations. In the context of high-quality development in inclusive finance, the "Yuxiang Jinyue" annuity serves as a financial contract and a connection to quality medical resources and improved living standards [5]