Core Viewpoint - China Jianyin Investment (China Jianyin) and Huaxia Bank signed a strategic cooperation agreement on December 17, 2023, in Beijing, aiming to deepen collaboration in various financial services and support national strategies for economic modernization [1][3][5]. Group 1: Strategic Cooperation Agreement - The strategic cooperation agreement was signed by Liu Zhihong, Chairman of China Jianyin, and Yang Shujian, Chairman of Huaxia Bank, with key executives from both organizations present [1][5]. - This agreement builds on previous collaborations in financial product investment, securities services, trust, fund distribution, and loan credit, establishing a solid foundation for future cooperation [3][7]. Group 2: Areas of Focus - The cooperation will focus on enhancing collaboration in public fund investment, service trusts, special asset disposal, investment-loan linkage, and cultural services [3][7]. - A regular communication mechanism will be established to promote the integration of cooperation from a business level to a strategic level [3][7]. Group 3: Significance and Goals - The signing of this strategic cooperation agreement is seen as a pivotal moment, aiming to expand the depth and breadth of collaboration [3][7]. - The partnership is intended to contribute to national strategies, support the real economy, build a strong financial nation, and assist in the modernization process of China [3][7].

Group 1: Company Performance - In the first three quarters of 2025, COFCO Capital achieved total revenue of 7.168 billion CNY and a net profit attributable to shareholders of 1.025 billion CNY [1] - The company has fully implemented the new insurance contract accounting standards (IFRS 17) since January 1, 2025, leading to adjustments in the previous year's comparative data [1] - The net profit attributable to shareholders in Q3 2025 showed a year-on-year decline due to reduced contributions from investment business profits [1] Group 2: Business Strategy and Features - COFCO Trust has transitioned from traditional trust services to asset management, leveraging the flexibility of the trust system and a comprehensive risk management framework [2] - The company focuses on core business areas, with standard product fixed-income investments becoming the most stable revenue source [2] - COFCO Trust has developed a comprehensive business system centered on operational custody and investment advisory services, enhancing growth support [2] Group 3: Insurance Operations - China-UK Life Insurance adheres to a growth culture and value-driven growth path, emphasizing risk management and customer needs [3] - The company targets four core areas: health, retirement, wealth, and inheritance, offering branded and integrated product solutions [3] - A multi-channel marketing system has been established, focusing on individual insurance, agency, and bank insurance channels to enhance competitive advantages [4]

Core Viewpoint - The company emphasizes high-quality development as a primary task in alignment with national strategies and financial reforms, focusing on enhancing its service capabilities in various financial sectors [1][3][10] Group 1: Strategic Direction - The company is committed to integrating its development with national strategies, particularly in supporting the five key areas of financial services: technology finance, green finance, inclusive finance, pension finance, and digital finance [1][3] - The company aims to deepen its understanding of political and social responsibilities, ensuring that its operations align with the broader goals of the state [2][3] Group 2: Service to the Real Economy - The company prioritizes serving the real economy by providing financial support to small and medium-sized enterprises and engaging in green and low-carbon economic initiatives [3][4] - The company has successfully launched innovative financial products, such as the first special knowledge property asset-backed note for private technology SMEs, enhancing financing channels for these enterprises [3] Group 3: Business Transformation - The company is pursuing a steady transformation towards differentiated and specialized development, establishing a "2+4" business system focusing on asset management and various trust services [5] - The company is enhancing its core investment research capabilities and developing a diverse product portfolio centered around fixed income [5][6] Group 4: Professional Capability Enhancement - The company is focused on improving four key professional capabilities: comprehensive risk management, professional investment research, wealth management, and information technology support [7][8] - The company is implementing a systematic investment research framework to enhance investment strategy precision and performance contribution [7] Group 5: Financial Innovation and Supply-Side Reform - The company is actively involved in supply-side reforms to enhance productivity, particularly by supporting the development of new and traditional industries through various financial instruments [9] - The company has successfully implemented a green industry employee stock ownership plan, demonstrating its commitment to supporting national strategies and the real economy [9]