2025年，新华保险（601336）迎来了成立29周年。过去近三十年，新华保险始终秉持"以客户为中心"的经营理念，深耕保险主业，服务国计民生，逐步成 长为中国保险市场的重要力量。 站在29周年的时点，回望来路，新华保险不仅积淀了深厚的品牌底蕴，更在近两年持续推进市场化、专业化改革中展现出强劲的发展动能。2025年上半 年，新华保险交出了一份令人瞩目的中期业绩答卷，多项核心指标实现两位数增长，综合实力持续增强，高质量发展路径愈发清晰。 增长"新速度" 自1996年成立以来，新华保险经历了中国保险市场的多轮变革，从最初的区域性布局到全国性网络的完善，从单一寿险产品到多元化保障体系的构建，每 一次战略调整都紧扣时代脉搏。 站在29周年的时点上回望，新华保险近年来的发展轨迹清晰可见——深化体系化、专业化、市场化改革，坚持价值与规模并重，不断夯实发展根基。2025 年上半年，新华保险以优异业绩生动诠释了高质量发展的内涵。 今年上半年，新华保险实现营业收入700.41亿元，同比增长26%，展现其强大的市场开拓与经营能力。作为保险主业的核心体现，新华保险原保险保费收 入突破1212.62亿元，同比大幅增长22.7%，业务规 ...

Core Viewpoint - Xinhua Insurance has demonstrated strong growth and resilience in the insurance market, achieving significant performance improvements and strategic transformations as it approaches its 29th anniversary [1][2][15]. Financial Performance - In the first half of 2025, Xinhua Insurance reported operating revenue of 700.41 million yuan, a year-on-year increase of 26% [2]. - The company's original insurance premium income exceeded 1,212.62 million yuan, reflecting a substantial growth of 22.7% [2]. - New business value reached 618.2 million yuan, up 58.4% year-on-year, while the embedded value increased to 2,793.94 million yuan, an 8.1% rise from the previous year [2]. - Net profit attributable to shareholders was 147.99 million yuan, marking a 33.5% increase, with a return on equity (ROE) of 15.9%, up nearly 5 percentage points [2]. Asset and Solvency - As of June 30, 2025, Xinhua Insurance's total assets reached 1.78 trillion yuan, a 5% increase from the previous year [3]. - The core solvency ratio stood at 170.72%, up 46.65 percentage points, while the comprehensive solvency ratio was 256.01%, rising 38.46 percentage points, significantly exceeding regulatory requirements [3]. Strategic Initiatives - The "XIN Generation" plan was launched to transform the individual insurance channel, focusing on five upgrades to enhance the marketing team [4][6]. - The individual insurance channel achieved a first-year premium of 145.06 million yuan, a remarkable increase of 70.8% year-on-year [6]. - The number of individual insurance agents reached 133,000, with a monthly performance rate stabilizing at 13.3% and a 74% increase in per capita productivity [6]. Service Ecosystem - Xinhua Insurance has developed a comprehensive service ecosystem covering ten areas, including health management and wealth transfer, to meet diverse customer needs [7][9]. - The "Xinhua Respect" service system targets high-net-worth clients, while "Xinhua Safe" focuses on home-based elderly care [9]. - The company has established a health management service network, expanding to 40 international hospitals for comprehensive health management [9]. Investment Strategy - Xinhua Insurance emphasizes asset-liability matching, optimizing product strategies and asset structures to control costs and enhance returns [13]. - The investment scale exceeded 1.7 trillion yuan, with a 5.1% increase, achieving an annual total investment return rate of 5.9% [13][14]. - The company has established pilot funds with a cumulative scale of nearly 100 billion yuan, focusing on quality listed companies in the secondary market [14]. Future Outlook - As Xinhua Insurance approaches its 30th anniversary, it aims to enhance its core competitiveness through strategic reforms, customer-centric approaches, and robust operational management [15].

主要亮点： 1.营业收入700.41亿元，同比增长26% 2.原保险保费收入1,212.6亿元，同比增长22.7% 3.长期险首年保费396亿元，同比增长113%；长期险首年期交保费255.3亿元，同比增长64.9% 4.新业务价值61.82亿元，同比增长58.4%；内含价值约为2,794亿元，较上年末增长8.1% 5.归属于母公司股东的净利润148亿元，同比增长33.5%；净资产收益率15.9%，同比提升近5个百分点 6.总资产达到1.78万亿元，较上年末增长5% 7.年化总投资收益率5.9%，同比提升1.1个百分点；年化综合投资收益率6.3% 8.拟向全体股东派发2025年中期现金股利，每股0.67元（含税），共计约20.90亿元 9.核心偿付能力充足率170.72%，较上年末增长46.65个百分点；综合偿付能力充足率256.01%，较上年 末上升38.46个百分点 10.服务实体经济投资余额超1.21万亿元，"五篇大文章"投资余额近1,500亿元，同比增长54% 8月28日，新华人寿保险股份有限公司（以下简称"新华保险"或"公司"）公布2025年中期业绩。 2025年上半年，公司坚持高质量发展，各项核心 ...

Core Viewpoint - Xinhua Life Insurance Co., Ltd. has announced its mid-term performance for 2025, focusing on enhancing its service brands and expanding its health management ecosystem to meet diverse customer needs [1] Group 1: Service Development - The company is continuously developing service brands such as "Xinhua Zun," "Xinhua An," "Xinhua Rui," and "Xinhua Yue" [1] - Xinhua Insurance has established a service ecosystem covering ten areas including health management, finance, taxation, and education [1] - The services have reached over 4 million customers [1] Group 2: Strategic Expansion - The company has laid out 40 quality health and wellness communities across 28 cities in China [1] - Additionally, it has developed 36 quality travel projects in 31 cities nationwide [1] - The national strategy is focused on deepening its presence across various regions in China [1] Group 3: Healthcare Resource Integration - The company is integrating high-quality medical resources to provide comprehensive health management services, including disease prevention and overseas medical assistance [1] - The overseas medical network has expanded to 40 international hospitals, supporting customer access to global healthcare resources [1]

公司充分发挥保险资金"长期资本、耐心资本、战略资本"优势，积极响应保险资金入市的号召，在前期 举牌多家优质上市公司的基础上，继续积极增配能够抵御低利率挑战的优质底仓资产，优化权益资产的 内部结构，夯实长期收益基础。截至2025年6月30日，公司投资规模17125.22亿元，上半年年化总投资 收益率5.9%，上半年年化综合投资收益率6.3%。 个险渠道践行营销新理念，持续推进"XIN一代"计划的战略性落地，强力推动营销队伍向专业化、职业 化方向深化转型。上半年，累计新增人力近2万人，同比增长182%，队伍建设取得突破性进展;在推动 规模人力企稳回升的同时，人均产能同比增长74%，带动队伍收入显著增长。 公司加速服务生态布局，在持续打造"新华尊""新华安""新华瑞""新华悦"等服务品牌基础上，不断完 善"医康养财商税法教乐文"十大领域服务生态，满足客户多元化需求。截至目前，相关服务已覆盖400 余万客户，服务能级显著提升。 新华保险(01336)发布截至2025年6月30日止6个月业绩，该集团期内取得收入合计694.29亿元(人民币， 下同)，同比增加25.5%;归属于母公司股东的净利润147.99亿元，同比增加 ...

Core Insights - Xinhua Insurance reported a total revenue of 69.429 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 25.5% [1] - The net profit attributable to shareholders reached 14.799 billion RMB, up 33.5% year-on-year, with basic earnings per share at 4.74 RMB [1] - The company proposed an interim cash dividend of 0.67 RMB per share [1] Group 1: Business Performance - The life insurance business experienced rapid growth, with original insurance premium income of 121.262 billion RMB, a year-on-year increase of 22.7% [1] - New business value for the first half of the year was 6.182 billion RMB, reflecting a significant year-on-year growth of 58.4% [1] - The number of full-channel marketing agents remained stable at 145,400, consistent with the end of 2024 [1] Group 2: Investment Strategy - The company leveraged its insurance funds as "long-term capital, patient capital, and strategic capital," actively responding to calls for insurance funds to enter the market [1] - As of June 30, 2025, the total investment scale reached 1,712.522 billion RMB, with an annualized total investment return of 5.9% and an annualized comprehensive investment return of 6.3% for the first half of the year [1] Group 3: Service Ecosystem and Claims Management - The company accelerated its service ecosystem layout, enhancing service brands and covering over 4 million customers across ten service areas [2] - In the first half of 2025, the company processed 2.41 million claims, with total payouts amounting to 7.3 billion RMB, averaging 13,400 claims and 40.65 million RMB in payouts per day [2] Group 4: Marketing and Business Quality - The individual insurance channel implemented a new marketing strategy, significantly increasing the workforce by nearly 20,000, a year-on-year growth of 182% [2] - The company improved its business quality control mechanisms, achieving a 13-month persistency rate of 96.2%, up 1.2 percentage points year-on-year, and a 25-month persistency rate of 92.5%, up 6.9 percentage points year-on-year [2]

〇 NCI 新华保险 NEW CHINA LIFE 2025 Interim Results Announcement 29 August 2025 Beijing, China Disclaimer This document is for specific use only; the "Disclaimer" is an integral part of this document. This document is for specific use only; the "Disclaimer" is an integral part of this document. 2 New Business Value Grew Significantly With fast growing life insurance business, reduced cost, improved efficiency, and enhanced business quality, the Company secured growth in both volume and value. New Business Value ...

以"爱和责任"为纽带，生态圈建设跑出"加速度" 近日，新华保险北京分公司全面推进包括"新华尊""新华安""新华瑞""新华悦"等权益服务品牌的生态体 系的焕新升级，涵盖"医、康、养、财、税、法、商、教、乐、文"十大领域。 针对高净值客户，新华保险特别推出了"新华尊"私享会员服务，整合市场顶级资源，为客户及其家人提 供全生命周期的健康管理、家族财富稳健传承、全球商旅出行等多方面需求服务。数据显示，目前北京 分公司已有55%的高客体验了该服务，其中视频医生与健康体检功能尤为受欢迎。 为解决老年人面临的疾病无助、行动不便等痛点，新华保险还精心打造了"新华安"居家养老服务，围绕 健康管理、安全监测、适老化改造、生活服务及居家照护等五大方面，提供全方位、立体化的服务方 案。 此次升级在增加全国服务网络布局的基础上，同步优化服务规则，支持实时晋级、权益差异化共享，并 联合新东方打造"全周期教育规划"，深化"保险+生态"战略，持续践行"以客户为中心"的高质量发展路 径，守护人民美好生活。 新华保险北京分公司也积极探索属地特色化服务，创新推出"新京派·寿康养护旅"客户服务体系，"保险 +公益+社区"品牌服务模式、"五大宝贝"品 ...