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]

Core Viewpoint - China Pacific Insurance (CPIC) has achieved a significant milestone by being upgraded to an AA rating in the MSCI ESG ratings for 2025, marking the highest level for domestic insurance companies and reflecting its strong performance in sustainable development and ESG management [3][4]. Group 1: ESG Rating and Recognition - MSCI ESG ratings are recognized as one of the most influential ESG evaluation systems globally, widely used by international investors for investment decisions [4]. - CPIC has demonstrated outstanding performance in environmental, social, and governance aspects, particularly in corporate governance, financial accessibility, and human development, positioning itself as an industry leader [4]. Group 2: ESG Work System Improvement - CPIC is continuously enhancing its ESG work system by establishing a Green Finance Committee and a dedicated ESG office to coordinate green finance and ESG management efforts [5]. - The company has developed a comprehensive green finance management framework and an annual work plan for 2024-2027, along with an innovative information management system for ESG [5]. Group 3: Innovation in Green and ESG Financial Products - CPIC has pioneered several ESG financial products, including the first photovoltaic power sales credit compensation insurance and biodiversity insurance, to support carbon sequestration efforts [6]. - In 2024, CPIC is expected to provide risk coverage amounting to 184 trillion yuan and support green investment projects totaling 100.4 billion yuan [6]. Group 4: Corporate Social Responsibility - CPIC actively integrates into the socio-economic development landscape, enhancing agricultural insurance and supporting rural revitalization, with a coverage of 18.18 million new citizens [11]. - The company has participated in disaster relief efforts, responding to 255 major disaster claims and expanding its insurance coverage to over 400 million people across 20 provinces [11]. Group 5: Green Operations and Sustainability - CPIC is committed to green operations by implementing paperless offices and constructing green data centers, achieving a reduction in energy consumption [13]. - The company has promoted electronic policies, with over 920 million electronic policies downloaded and a 95.3% issuance rate for auto insurance [13]. Group 6: Future Directions - CPIC aims to strengthen its role in promoting green finance, innovate financial products, and enhance its service system to support green, low-carbon, and circular economies [14].