Biocause Pharma(000627)2022-12-04 10:20Group 1: Company Overview - Guohua Life aims to be a moderately scaled, well-structured, high-quality, modern management life insurance company that continuously creates value for customers, employees, and shareholders [3]. Group 2: Internal Control - Guohua Life has established a comprehensive internal control system in accordance with relevant requirements, receiving an A-class rating from the insurance regulatory authority [3]. Group 3: Premium Channel Structure - The company will strengthen its competitive advantage in the bank insurance channel by optimizing product structure, reducing liability costs, extending liability duration, and increasing the proportion of risk protection and regular premium businesses [3]. - Guohua Life will vigorously develop internet business, focusing on long-term savings and risk protection products, enhancing cooperation with major internet companies (BATJ), and building its own Huari Internet Insurance platform [3]. - The company plans to gradually increase investment in individual insurance, making it a new growth point and support for business optimization and upgrading [3].