保险股权拍卖潮起。 12月11日，《国际金融报》记者在阿里资产拍卖平台注意到，北部湾财产保险股份有限公司（下称"北部湾财险"）9000万股 股权将于12月26日被拆分成两笔公开拍卖，合计起拍价1.25亿元。 近年来，中小险企股权拍卖日渐频繁，但流拍者众、成交者寡。那么，曾经的"香饽饽"为何如今乏人问津？分析人士指出， 相较于大型险企，中小险企在市场上竞争力较弱，大多存在业务稳定性较差、盈利能力不确定等问题，使得股权交易相对困 难。 近四成股权遭质押 溯源来看，此次被拍卖的9000万股占北部湾财险总股本的6%，由其第五大股东广西平铝集团有限公司（下称"广西平铝集 团"）持有，目前全部处于质押状态。 拍卖信息显示，该笔股权将被拆分为两笔进行拍卖。其中，5400万股起拍价0.75亿元，3600万股起拍价0.50亿元，合计起拍 价1.25亿元。若顺利找到接盘方，广西平铝集团将彻底退出北部湾财险股东行列。 记者了解到，此番拍卖源于广西平铝集团涉及的一桩合同纠纷案，需清偿3.55亿元债务，所持股权即是被执行 标的。 除广西平铝集团外，北部湾财险并列第一大股东广东鸿发投资集团有限公司所持20%股权、第四大股东广西长江天成投 ...

Core Viewpoint - The auction of 7.05 million shares of Minsheng Life Insurance Co., Ltd. is set for September 25, with a starting price of 12.7795 million yuan, reflecting 70% of the assessed value of 18.2564 million yuan [1][2] Group 1: Auction Details - 7.05 million shares represent 0.12% of Minsheng Life's total equity, currently held by Hunan Qianjin Investment Co., Ltd., which is under a court-ordered freeze due to unpaid debts totaling 40.7164 million yuan [1] - This is not the first auction attempt for these shares; a previous auction in April 2021 failed due to lack of bids, with an assessed value of 15.1364 million yuan and a starting price of 10.5955 million yuan [1] Group 2: Industry Context - The cold reception of equity transactions in small and medium-sized insurance companies is attributed to intensified industry competition and pressured profit outlooks [2] - Governance issues and risks related to shareholder transactions have made potential buyers cautious [2] Group 3: Company Background - Minsheng Life Insurance, established in June 2003 with a registered capital of 6 billion yuan, is the first national life insurance company funded by private capital in China [2] - The company has six major shareholders holding over 5% of its equity, with the largest being China Wanxiang Holdings Co., Ltd. at 37.32% [2]