Group 1 - The new license information indicates that Taiping Pension Insurance Co., Ltd. Tianjin Branch is located at the 26th floor, units 06 and 07 of Taiping Financial Building, at the intersection of Heiniu City Road and Taihu Road in Tianjin [1] - The establishment date of the institution is July 2, 2008, with the institution code 000082120000 [1] - The business scope includes group pension insurance and annuity business, individual pension insurance and annuity business, short-term health insurance, accident insurance, group life insurance, group long-term health insurance, and other businesses authorized by the head office and approved by the insurance regulatory authority [1] Group 2 - According to the "Administrative Measures for the License of Banking and Insurance Institutions," if there are changes in the recorded items of the license, the banking and insurance institution must return the original license to the issuing authority and obtain a new license [2] - Banking and insurance institutions are required to announce the issuance or replacement of licenses within 30 days [2]

Core Viewpoint - The report outlines the financial health and operational status of Pacific Health Insurance Co., Ltd., highlighting its solvency, liquidity, and risk management capabilities. Company Overview - Pacific Health Insurance Co., Ltd. was established in December 2014 with a registered capital of 3.6 billion RMB and operates in health and accident insurance across several provinces in China [1]. - The company is wholly owned by China Pacific Insurance (Group) Co., Ltd. [2]. Board and Management - The board of directors has approved the report, ensuring the accuracy and completeness of the information provided [1]. - Key management personnel include Chairman Ma Xin and other experienced executives with backgrounds in finance and insurance [2][3][4][5]. Financial Indicators - As of the end of the reporting period, the company reported total assets of 1,025,746.65 million RMB and net assets of 331,106.76 million RMB [13]. - The insurance business income for the quarter was 215,023.39 million RMB, with a net profit of 2,062.00 million RMB [13]. - The solvency margin was reported at 161,263.96 million RMB, with a core solvency ratio of 179% and a comprehensive solvency ratio of 218% [19]. Risk Management - The company has established a risk limit system covering various risks, including insurance, investment, and operational management [14]. - The latest SARMRA regulatory assessment scored 80.15, indicating a strong risk management framework [15]. - No significant risk events occurred during the reporting period, and the company maintained a high level of liquidity [17]. Liquidity Analysis - The actual net cash flow for the quarter was 19,627.84 million RMB, significantly exceeding the forecast [19]. - The liquidity coverage ratios under various scenarios met regulatory requirements, indicating robust liquidity management [20]. Investment Performance - The average investment return over the past three years was 3.33%, with an average comprehensive investment return of 3.58% [14]. Conclusion - Overall, Pacific Health Insurance Co., Ltd. demonstrates strong financial health, effective risk management, and solid liquidity, positioning itself well for future growth and stability in the insurance market [19][20].