COFCO CAPITAL(SZ:002423)2025-11-07 09:06Group 1: Financial 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 implementation of the new insurance contract accounting standards (IFRS 17) led to adjustments in the previous year's comparative data, affecting revenue and profit figures [1] - The investment business profit contribution decreased year-on-year due to stable bond interest rates and changes in stock investment dividend rhythms, resulting in a decline in net profit for the third quarter [1] Group 2: Business Development - China-UK Life Insurance maintained healthy growth, with core business indicators increasing and channel transformation progressing steadily [2] - China-UK Life Insurance has maintained an A-class risk rating for 36 consecutive quarters, ranking among the top in the insurance industry [2] - COFCO Futures reported stable net profit in the first three quarters, focusing on enhancing service capabilities and expanding international business [2] Group 3: Strategic Initiatives - COFCO Futures established a subsidiary in Singapore and obtained clearing membership in Hong Kong, exploring new growth opportunities [2] - The company is transitioning from traditional futures services to a diversified model that includes domestic brokerage, international business, risk management, and wealth management [2] - The development of an industrial service ecosystem and diversified growth strategies is taking shape within COFCO Futures [2]