Core Insights - The collaboration between Guomin Pension Insurance and Allianz Investment marks a strategic partnership aimed at enhancing financial planning and pension asset allocation for clients [1][3] Group 1: Project Overview - The project is a one-stop solution featuring commercial annuity products as default options, designed to assist clients in cross-period financial planning and pension asset allocation [1] - It will integrate Guomin Pension's digital pension planning service platform "Zhao Qian Sun Li®" with Allianz Investment's asset allocation capabilities [2] Group 2: Strategic Collaboration - This partnership signifies a shift from a capital relationship to business collaboration, following Allianz Investment's investment of 284 million yuan in Guomin Pension in 2024, making it the first foreign shareholder [3] - Allianz Fund's Chairman and General Manager, Shen Liang, emphasized the need for personalized asset allocation and systematic solutions for pension investors, which align with Allianz's strengths [3] Group 3: Market Potential and Future Plans - Tim Friederich, Global Head of Allianz Investment's Risk Lab, highlighted the significant potential of the Chinese pension market and expressed enthusiasm for introducing proven asset allocation models and intelligent service experiences to China [3] - Guomin Pension's General Manager, Huang Tao, stated the intention to leverage international experience and advanced digital technology to reduce service costs and enhance pension fund management capabilities [3] Group 4: Company Performance - As of the first three quarters of 2025, Guomin Pension Insurance reported cumulative premium income of 4.737 billion yuan and commercial pension sales of 33.617 billion yuan [5] - The company’s two exclusive commercial pension insurance products achieved settlement yields of 4.07% and 4.12% in 2024, ranking among the top in the industry [5] Group 5: Shareholder Structure - Guomin Pension currently has 18 shareholders, primarily consisting of bank wealth management subsidiaries, securities insurance institutions, and industrial investors, with Allianz Investment holding a 2% stake [4]