COFCO CAPITAL(SZ:002423)2025-05-16 07:30Group 1: Financial Performance - In 2024, COFCO Capital achieved total operating revenue of CNY 25.25 billion, a year-on-year increase of 13.32%, and net profit attributable to shareholders of CNY 1.21 billion, up 18.55% [1] - In Q1 2025, COFCO Capital reported operating revenue of CNY 2.35 billion and net profit of CNY 392 million [1] - In 2024, China-UK Life Insurance recorded a net profit of CNY 803 million, with original insurance premium income of CNY 21.031 billion, a 30% increase year-on-year [2] Group 2: Business Development - China-UK Life Insurance's new single premium income reached CNY 8.707 billion, while renewal premium income was CNY 12.324 billion, both maintaining good growth [2] - Individual insurance channels achieved premium income of approximately CNY 6.1 billion, a 15% increase year-on-year [3] - The agency channel reported premium income of about CNY 7.89 billion, a 21% increase year-on-year [3] Group 3: Trust and Asset Management - COFCO Trust's business scale exceeded CNY 600 billion, with a year-on-year increase of 107%, and trust income of CNY 1.234 billion, up 5.5% [5] - COFCO Trust achieved a net profit of CNY 703 million, a 16% increase year-on-year [5] - The asset management product system of COFCO Trust saw its scale surpass CNY 100 billion by the end of 2024 [5] Group 4: Futures and Risk Management - COFCO Futures achieved a net profit of CNY 265 million in 2024, an 11% increase, with a return on equity (ROE) of 7.2% [6] - COFCO Futures has maintained an AA rating from the CSRC for 11 consecutive years and received multiple industry awards [6]