COFCO CAPITAL(SZ:002423)2022-11-22 02:56Group 1: Business Overview - In 2020, China National Capital's subsidiary, Zhongying Life, achieved premium income close to 10 billion, entering the ranks of medium-sized life insurance companies [1][3] - The company aims to become a comprehensive financial platform characterized by serving people's livelihoods, focusing on the "14th Five-Year Plan" [1][3] Group 2: Strategic Positioning - The company is not a traditional diversified financial listed company but a financial holding platform driven by insurance business, focusing on "empowering industries and serving people's livelihoods" [3][4] - Key strategic focuses include: 1. Deepening core business to enhance competitiveness [3][4] 2. Promoting business innovation to cultivate new growth points [3][4] 3. Facilitating business synergy through integration of finance and industry [4] Group 3: Competitive Advantages - The company leverages its rich agricultural and food industry background to support the development of the China National Grain and Oil Group's industrial chain [4] - A comprehensive financial service system is established, primarily based on life insurance, trust, futures, and banking, supplemented by industry funds and commercial factoring [4]