增资获批，这家养老险公司获外资入股！

Core Viewpoint - The article discusses the approval of a capital increase for Taiping Pension, a subsidiary of China Taiping, which will enhance its capital base and strategic partnership with Belgium's Fidea Group in the Chinese pension finance market [1][2]. Summary by Sections Capital Increase Approval - Taiping Pension received approval from the financial regulatory authority to increase its registered capital by 333 million yuan, changing the total from 3 billion yuan to 3.333 billion yuan [1]. - Fidea Group will acquire a 10% stake in Taiping Pension as part of this capital increase, investing 1.075 billion yuan [1][2]. Shareholder Structure - Post-capital increase, the shareholder structure will be as follows: - China Taiping Insurance Holdings Limited: 89.99% (299,970,000 shares) - Longbi Industrial Zone Management (Shenzhen) Co., Ltd.: 0.01% (30,000 shares) - Fidea Insurance International: 10% (33,333,330 shares) [3]. Background and Strategic Context - Taiping Pension, established in 2004, is a key player in China's pension insurance sector, with a nationwide service network [3]. - The capital increase aligns with China's national strategy to address population aging, positioning pension finance as a critical area for development [3]. Historical Relationship with Fidea Group - Fidea Group has a long-standing partnership with China Taiping, holding stakes in several subsidiaries, including 12.45% in Taiping Life and 20% in Taiping Asset [4]. - Fidea was one of the founding shareholders of Taiping Pension in 2004, initially holding a 10% stake [5]. Market Potential and Future Outlook - The Chinese pension market is one of the largest globally, with significant growth potential, making Taiping Pension an ideal platform for Fidea to leverage its expertise [7]. - Regulatory changes since 2021 have encouraged pension companies to focus on high-quality development, with new guidelines issued in 2023 to strengthen oversight [7]. Performance Metrics - For the first half of 2025, Taiping Pension reported insurance revenue of 1.447 billion yuan and a net profit of 55.279 million yuan [7]. - As of the second quarter of 2025, the core solvency adequacy ratio was 160.80%, and the comprehensive solvency adequacy ratio was 217.93%, indicating strong financial health [7].