Core Viewpoint - The construction of the Guangdong-Hong Kong-Macao Greater Bay Area is a significant national strategy personally planned and promoted by President Xi Jinping, with China Taiping actively integrating its development into this blueprint and making substantial contributions to the area's financial services [1] Group 1: Strategic Direction - China Taiping has positioned "rooting in Hong Kong and Macao, deepening the Greater Bay Area" as its primary strategic direction during the 14th Five-Year Plan period, aiming to transform the Greater Bay Area into a high-quality development strategic highland [1] - The company is rolling out action plans to support connectivity, public welfare, real economy development, and the prosperity and stability of Hong Kong and Macao [1] Group 2: Cross-Border Financial Innovation - China Taiping has launched innovative cross-border financial products and services, including the first industry-specific insurance for cross-border vehicles, with 39,000 vehicles insured from January to November 2025, marking a 4.9% year-on-year increase [2] - The company introduced the "Hong Kong People Bay Area Pension Taiping Plan," which integrates insurance, pension, and cross-border medical services, winning awards in the Hong Kong insurance industry for 2024 and 2025 [2] Group 3: Support for Major Projects - China Taiping provides insurance services for major infrastructure projects such as the Hong Kong-Zhuhai-Macao Bridge and the Hong Kong Northern Metropolis, while also offering financial support to key transportation enterprises in the Greater Bay Area [3] - The company has established the Guangdong-Macao Traditional Chinese Medicine Science and Technology Industrial Park, with 240 registered enterprises expected by the end of 2025, significantly increasing the overall occupancy rate by over 40 percentage points [3] Group 4: Enhancing Public Welfare - China Taiping is actively involved in building a multi-tiered social security system in the Greater Bay Area, participating in various local welfare projects and providing risk protection for nearly 107,000 residents in Macao, amounting to 856.7 billion Macao Patacas [4] - The company has issued Asia's first dual-risk, dual-trigger catastrophe bond in Hong Kong and is committed to enhancing risk management capabilities in the region [4] - China Taiping aims to continue focusing on its core responsibilities, leveraging cross-border advantages, and fulfilling its role as a central enterprise to contribute to the Greater Bay Area's development as a world-class city cluster [4]

Core Viewpoint - China Taiping Insurance Group has released the "China Taiping Participation in the Guangdong-Hong Kong-Macao Greater Bay Area Construction White Paper (2025 Edition)", marking its second release since 2019, highlighting its commitment to the development of the Greater Bay Area [1] Group 1: Financial Contributions - The white paper outlines efforts in five key financial areas, including supporting high-level opening up and the construction of Hong Kong as an international financial center [1] - It emphasizes the issuance of catastrophe bonds and conducting research on catastrophe risks in Hong Kong as part of its financial services [1] Group 2: Specific Initiatives - The document details 25 initiatives, such as cross-border motor vehicle insurance services to enhance connectivity among the three regions of Guangdong, Hong Kong, and Macao [1] - It includes the "Hong Kong People Bay Area Pension Taiping Plan" and the "Cooperation in Traditional Chinese Medicine Technology Industrial Park in Hengqin" as part of its support for diverse development in Macao [1] Group 3: Strategic Goals - China Taiping aims to align with national policies and focus on serving the modernization of China, emphasizing the political and people-oriented nature of financial work [1] - The company is committed to high-quality development and aims to strengthen resource investment and innovation to support the Greater Bay Area's construction [1]