Core Viewpoint - The insurance industry plays a crucial role in the economic and social stability of the Hengqin Guangdong-Macao Deep Cooperation Zone, as highlighted by the chairman of Hengqin Life Insurance, who emphasizes the industry's increasing recognition and value in the market [2][3]. Group 1: Insurance Industry Role - The insurance sector is seen as an "economic shock absorber" and "social stabilizer," indicating its indispensable role in the development of the Hengqin Cooperation Zone [2]. - Recent intensive share acquisitions by insurance capital signal a positive outlook for the industry, reflecting a growing market recognition of insurance's fundamental functions [2]. Group 2: Company Initiatives - Hengqin Life has launched innovative insurance products to address the financial service needs of cross-border residents, including specialized medical insurance for Macao residents [3]. - The company has implemented a series of service integration measures to enhance the experience for Macao residents, including multilingual policy services and tailored underwriting policies [3]. - Hengqin Life has invested a total of 2.5 billion yuan in the Cooperation Zone, representing about 5% of its total assets, to support local enterprises [3]. Group 3: Financial Performance - The company has achieved a cumulative payout and benefit amount of 9.12 billion yuan since its inception, with 130 million yuan in premium waivers for clients [2]. - Hengqin Life's new business premium growth has seen a year-on-year increase of 158% due to the successful implementation of the "Golden Lotus" wealth management center model [4]. - The comprehensive investment return rate reached 6.10%, an increase of 3.5 percentage points year-on-year [4]. Group 4: Future Directions - Hengqin Life plans to develop a comprehensive insurance product system tailored to the needs of Macao residents, including cross-border medical and elderly care products [5]. - The company aims to enhance service connections by relocating its branch to "Macao New Neighborhood" and hiring local staff to better serve the community [5]. - Future investment in the Cooperation Zone is expected to increase to 10% of the company's total assets, with a focus on supporting new industries [5]. - Hengqin Life intends to expand its international business by establishing a subsidiary in Macao and exploring cross-border insurance fund allocation [6].