2 1 Shi Ji Jing Ji Bao Dao·2026-02-14 04:49Core Viewpoint - Ping An Life Insurance Co., Ltd. announced the retirement of Yang Zheng, who will step down from his roles as chairman and director, with Vice Chairman Cai Ting temporarily assuming the chairman's responsibilities [1][3]. Group 1: Leadership Changes - Yang Zheng has been with Ping An since July 1994 and has held multiple key positions, including chairman of Ping An Life and chairman of Ping An Health Insurance [3]. - The company expressed gratitude for Yang Zheng's contributions, particularly in implementing the "channel + product" strategy during his tenure [3]. - The appointment process for a new chairman is currently underway, and the company will comply with legal and regulatory disclosure requirements [3]. Group 2: Business Performance - As of the third quarter of 2025, the new business value from the agent channel increased by 23.3% year-on-year, with the average new business value per agent rising by 29.9% [3]. - The bank insurance channel saw a significant increase in new business value, growing by 170.9%, contributing to the overall performance [3]. - Various channels, including bank insurance and community financial services, accounted for 35.1% of Ping An Life's new business value [3]. - The total assets of Ping An Life exceeded 5.8 trillion yuan by the end of the third quarter of 2025 [3].