Core Viewpoint - Taiping Life Insurance is committed to high-quality development in the financial industry, focusing on serving the public and fulfilling national responsibilities, as evidenced by its strong performance and innovative approaches in various financial sectors [1]. Group 1: Performance and Growth - In the first half of 2025, Taiping Life's core operating indicators showed positive trends, with original insurance premiums reaching 115.06 billion yuan, a year-on-year growth of 5.4%, maintaining a leading position in the industry [1]. - The company has launched a total of 258 commercial annuity products by the end of July 2025, covering various types of retirement insurance, including tax-deferred and personal pension insurance [2]. Group 2: Elderly Care and Pension System - Taiping Life is actively building a multi-tiered pension security system to address the aging population, enhancing product offerings, deepening ecological collaboration, and improving service quality [2]. - The company has established a comprehensive pension product system that includes exclusive commercial pension insurance, whole life insurance, and pension annuities, with 12 products approved for inclusion in the personal pension insurance product list [2]. Group 3: Ecological Collaboration - The company has integrated insurance products with medical, rehabilitation, and elderly care services, creating a closed-loop ecosystem that covers the entire life cycle of financial services [3]. - By mid-2025, Taiping Life's national elderly care service network covered 27 provinces and 54 cities, achieving comprehensive coverage [3]. Group 4: Service Quality Enhancement - Taiping Life has implemented technology-driven solutions for elderly care, creating a "barrier-free digital business hall" that utilizes remote identity verification and AI technology to provide convenient services for elderly clients [4]. - Offline service points have undergone comprehensive renovations to ensure a welcoming environment for elderly customers [4]. Group 5: Inclusive Finance Initiatives - The company has expanded its "Warm Series" products aimed at underserved populations, providing multi-layered insurance coverage for medical, disease, and accident risks [5]. - Taiping Life has launched the "Taiping Warm Forward Specific Industry Accident Insurance" targeting new citizens in five specific high-risk industries, enhancing risk protection for this demographic [6][7]. Group 6: Digital and Green Finance - Taiping Life has made significant strides in digital finance, achieving rapid claim processing times and enhancing customer experience through online and offline service integration [9]. - The company has invested over 420 billion yuan in technology finance and provided 117.1 billion yuan in green insurance coverage, supporting sustainable development initiatives [10]. Group 7: Future Commitment - Taiping Life aims to continue its commitment to high-quality development by enhancing product offerings, improving service efficiency, and fulfilling its responsibilities in building a strong financial nation [11].

Core Insights - Taiping Life Insurance launched a new inclusive product called "Warm Forward" aimed at enhancing risk protection for new citizens in specific industries [1][4] - The product targets five key industries that employ a significant number of new citizens, including manufacturing, construction, wholesale and retail, transportation and warehousing, and residential services [2][3] Product Features - "Warm Forward" provides coverage for accidental death, disability, and medical expenses tailored to the occupational risks of new citizens such as construction workers, delivery riders, and ride-hailing drivers [2] - The product includes high-risk occupations like high-altitude workers, expanding the coverage of inclusive insurance products [2] - It offers three different protection plans based on varying insurance amounts and allows flexible insurance periods ranging from one month to one year [2] Strategic Direction - Taiping Life Insurance is committed to the principle of "finance for the people" and aims to continuously innovate its inclusive insurance offerings to cover underinsured populations [3][4] - The company plans to expand its "Warm Series" products in 2024, focusing on providing multi-layered insurance protection for key demographics, including the elderly and children [3] - The ongoing development of inclusive insurance products is part of Taiping Life's strategy to enhance public welfare and meet the diverse needs of the community [4]