Group 1 - The core event is the SNEC 18th International Solar Energy and Smart Energy Conference and Exhibition held in Shanghai from June 11 to 13, where the company showcased its latest developments in photovoltaic insurance services, risk protection for the new energy industry chain, and green finance [1] - The company introduced risk protection services covering the entire lifecycle of the photovoltaic industry, including supply performance guarantee insurance to alleviate raw material procurement pressure, and various insurance products for manufacturing, sales, and downstream power station construction [1] - New insurance products were highlighted at the exhibition, including long-term quality and performance guarantee insurance for energy storage systems, income loss insurance for distributed photovoltaic power stations, and credit compensation insurance for photovoltaic electricity sales [1] Group 2 - In 2024, the company has provided risk protection for clean energy projects such as offshore wind power, photovoltaic power, new energy storage, and hydrogen energy amounting to 4 trillion yuan, leading the green insurance market [2] - The company is promoting the digital transformation of green insurance, utilizing satellite remote sensing, big data risk control models, and blockchain technology to enhance risk identification and management capabilities [2] - Future plans include strengthening technological empowerment and product innovation under the unified deployment of the parent group, focusing on a new business model of "insurance + risk reduction services + technology" to support the implementation of carbon neutrality goals [2]

Group 1 - Shenzhen has been actively exploring green finance, achieving a green credit balance of 1.023 trillion yuan, a 21.07% increase from the beginning of the year [1] - The implementation of the first national green finance regulation, the "Shenzhen Special Economic Zone Green Finance Regulations," has positioned Shenzhen as a hub for green finance innovation [1] - New green credit products, such as the "carbon reduction loan," have emerged to support high-quality development in green industries, with a specific loan of 3 million yuan issued to a technology company [1] Group 2 - Green insurance plays a crucial role in supporting the green transition by providing loss compensation, risk reduction, and funding guidance, with environmental pollution liability insurance generating a premium of 34.24 million yuan in 2024 [2] - The clean energy sector is a key focus for green insurance, exemplified by the issuance of a long-term quality and performance guarantee insurance for energy storage systems, amounting to over 100 million yuan [2] - Shenzhen aims to establish a multi-tiered, comprehensive, diverse, and sustainable green financial service system within the next five years [2]

Group 1 - The core issue facing electric vehicle owners is the anxiety over battery lifespan and the high costs associated with battery replacement, which can exceed the cost of purchasing a new vehicle [1] - The insurance industry has not yet developed products to address battery degradation concerns due to data deficiencies and high technical barriers [1] - A new insurance product, "New Energy Vehicle Battery Capacity Guarantee Insurance," has been launched in Sichuan to alleviate consumer concerns by covering battery replacement or repair if degradation exceeds agreed limits [2] Group 2 - The insurance product includes a comprehensive service system that monitors battery health and provides timely interventions to reduce degradation rates [2] - The insurance company faces challenges in pricing due to the variety of battery types and usage patterns, which affect risk assessment [2] - The insurance sector is also expanding into the energy storage market, with products designed to cover the entire lifecycle of energy storage systems, addressing risks such as capacity degradation and market fluctuations [3][4]