2024 Interim Results Highlights:- GWPs increased by 12.8% YoY to RMB76.46 billion;- Insurance revenue increased by 4.4% to RMB31.49 billion;- Net profit attributable to equity owners of the parent increased by 8.6% to RMB3.14 billion;- Embedded value was RMB112.64 billion, up 8.2% from the end of last year on a comparable basis;- The annualised comprehensive investment yield was 7.2% and the annualised total investment yield was 3.6%;- As of the end of June 2024, the number of active customers was approximately 30.784 million.HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Sunshine Insurance Group Company Limited (“Sunshine Insurance” or the “Company”, and its subsidiaries collectively the “Group”; Stock code: 6963.HK) announces the unaudited interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2024.In the first half of 2024, China’s national economy operated in overall stability, achieving progress amid stability. New growth drivers accelerated, and high-quality development gained new strides. The insurance industry, as an important part of the economic system, exhibited a positive development trend, with supply and demand driving the continuous growth of market size. As the only listed traditional insurance company among the 205 mainland insurance companies established in this century, the Group seized the opportunities arising from economic improvement and the increasing demand for insurance. The Group promoted steady growth across various businesses, continuously enhanced its value creation capability and maintained a good development momentum. During the Reporting Period, the gross written premiums of the Group were RMB76.46 billion, representing a year-on-year increase of 12.8%, and the insurance revenue reached RMB31.49 billion, representing a year-on-year increase of 4.4%. The net profit attributable to equity owners of the parent was RMB3.14 billion, representing a year-on-year increase of 8.6%. The embedded value of the Group was RMB112.64 billion, up 8.2% from the end of the previous year. The annualised total investment yield of 3.6% and annualised comprehensive investment yield of 7.2%. As of the end of June 2024, the Group’s active customers were 30.784 million.The further consolidation of core business realized the leap in its value creation capabilityIn the first half of 2024, the Group firmly adhered to the path of high-quality development and high-value growth, and continued to promote the “New Sunshine Strategy” with “Technological Sunshine”, “Valuable Sunshine” and “Caring Sunshine” as the core. It created the unique core competitiveness of Sunshine through model innovation. As a result, the operating results achieved steady growth, the value creation capability saw a leap, the core competence of the main business of insurance has been further stabilized and enhanced, and the overall market competitiveness of the Group has been effectively improved.In terms of life insurance business, Sunshine Life kept pursuing value-oriented development, steadily implemented the strategy of “New Sunshine”, thereby continuously consolidating the advantage of diversified channel development and achieving initial efforts in the transformation and development of sales-force. Meanwhile, Sunshine Life strengthened the linkage between assets and liabilities, while it also upgraded and optimized product and service system. The operation showed a positive momentum of “steady improvement” and “improving quality while maintaining stability”. During the Reporting Period, GWPs reached RMB51.76 billion, a year-on-year increase of 12.9%; the value of new business was RMB3.75 billion, a year-on-year increase of 39.9%; the GWPs from the individual insurance channel amounted to RMB13.69 billion, a year-on-year growth of 25.5%, of which, FYRPs amounted to RMB3.58 billion, a year-on-year growth of 18.5%; In terms of worksite marketing, FYRPs increased by 42.7% year-on-year. The synergistic development of multiple channels has resulted in rapid growth in overall value, a steady recovery in effective manpower and a sustained increase in agent productivity.In terms of property and casualty insurance business, Sunshine P&C adhered to the development concept of “seeking progress amidst quality”, and solidly pushed forward the implementation of the “New Sunshine” strategy, and continuously consolidated a solid foundation for high-quality development. During the Reporting Period, Sunshine P&C achieved the stable growth of business, continued to optimized its business structure and maintained a good quality. The original premium income (OPI) was RMB24.65 billion, representing a year-on-year increase of 12.4%; the proportion of non-automobile insurance premiums was 46.1%, representing a year-on-year increase of 4.8 percentage points; the proportion of personal vehicle premiums to the automobile insurance was 62.4%, representing a year-on-year increase of 1.5 percentage points. The underwriting combined ratio was 99.1% and the underwriting profit was RMB0.2 billion.In terms of asset management, the Group upholds the philosophy of long-term value investment, and continuously optimizes the asset-liability management system. By harnessing the full-range investment qualifications and diversified investment capabilities, the Company maintains a clear strategic focus to develop the strategic asset allocation. Furthermore, it keeps enhancing its investment research capacity and carry out tactical asset allocation scientifically and flexibly under the premise of strictly managing investment risks, to create long-term, stable, and sustainable investment performance for insurance funds. During the Reporting Period, the Group’s investment performance remained stable. And achieved total investment income of RMB8.33 billion, reflecting a year-on-year increase of 8.2%, with annualised total investment yield of 3.6% and annualised comprehensive investment yield of 7.2%.The digital transformation continued to be deepened with customer experience and operational efficiency improved consistentlyTechnology is a key force in promoting the development of the financial industry and an important source of power for economic development. During the Reporting Period, in order to improve customer experience, improve operational efficiency and management, the Company made great efforts on “artificial intelligence+”, achieved breakthroughs in AI applications in key areas, and continued to deepen its digital transformation.In terms of sales support, it optimized and upgraded the property and casualty insurance as well as life insurance sales management platform. The property insurance set up a fully online closed-loop process for main non-automobile products from quotes to issuance, improved the digital closed-loop of marketing activities and empowered the per capita productivity improvement and efficiency. The life insurance “Know Your Insurance ” assisted agents in providing customers with coverage planning and product recommendations. In terms of customer service, the Group continuously improved its online customer service platform. The online rate of property insurance value-added service reached 96.3%. The online rate of life insurance preservation services was 96.4%. In terms of management empowerment, the Group built an intelligent risk control system across the Group, improved “non-automobile data mortality table ” system with regard to property and casualty insurance, and improved non-automobile insurance risk pricing capabilities; with regard to the life insurance, the Group created a total of 354 online risk monitoring indicators, which effectively prevented risks.Furthermore, the Group strengthened the availability of AI data and the construction of the Sunshine Zhengyan big model, which has been further applied in customer service, intelligent claims settlement, smart office and other scenarios. Customer service robots provided customers with services such as policy search, automobile insurance claims reporting, and life insurance follow-ups, achieving a customer satisfaction rate of 90.2% on non-human service. The usage rate of the document classification and visual injury identification functions for smart claims in personal injury assessments within property insurance exceeded 80%, with a document classification accuracy rate of 95.6%. The Sunshine Office GPT has been used a total of 1.02 million times, covering 84% of employees.The “Caring Sunshine” strategy further advanced and customer-centric mindset has been effectively implemented“All for customers” is the business value upheld by Sunshine Insurance, and it is also the starting point of creating the “Caring Sunshine” strategy. In order to further promote the “Caring Sunshine” strategy, in the first half of 2024, Sunshine Life continued to promote the “Matrix Plan” with focus on the “three/five/seven ” product system, and to enrich the connotation of the “three/five/seven ” product system, continuously meeting the needs for insurance products in customers’ different life stages. In terms of health protection, the Group launched the exclusive term critical illness insurance for children, the high-end accident medical insurance for children and the maternal and child medical insurance to meet the health protection needs of specific groups of customers’ families and further expand the coverage of customers. In terms of aged care and wealth inheritance, the Group accelerated the layout of participating insurance products to meet customers’ differentiated savings needs. In terms of products supported by national policy, the Group enriched the supply of products such as tax-advantaged health insurance and personal pension, and promoted the policy-oriented commercial insurance to benefit more customers.Furthermore, Sunshine Life continued to strengthen the construction of “Caring Sunshine” service system. The Group improved the service design capability from the customers’ perspective, and met the core service needs of customers. Meanwhile, in terms of service management, the Group continuously improved the efficiency of customer service, for example, promoting the service mechanism of “listening to customers”, expanded and upgraded the “customer experience officer” team, and continuously improved the capability to provide straight-through services to customers.Sunshine P&C continues to deepen the research on customer needs, and is committed to establishing a convenient customer service system and practicing the service motto of “making services the reason for customers to choose Sunshine”. In terms of individual customers, the Group continued to deepen the customer-segmented differentiated business management system and continuously provided customers with a richer differentiated product portfolio and personalized service experience to further enhance customer stickiness. In the first half of 2024, the renewal rate of personal vehicle insurance customers was 64.2%, representing continuous year-on-year increase. The proportion of non-automobile insurance products purchased by individual auto insurance customers reached 55.5%, representing a year-on-year increase of 7.6 percentage points. In terms of group customers, the Group continued to promote the implementation of the “Partnership Action” risk management service. In the first half of 2024, the Group provided technology-based loss mitigation and professional risk consulting services to 8,595 corporate customers and upgraded and created a full-scale risk management service model of “insurance + technology + service” to assist customers in improving their capabilities of risk management.Actively practiced sustainable development and fully supported real economy and green transformationActively pursuing sustainable development and earnestly fulfilling social responsibilities are the core values of an enterprise and the key to its long-term development. In the first half of 2024, the Group took an active part in serving national strategies, continuously enhanced its support for the real economy in quality and efficiency, provided a total of RMB50.4 trillion of risk protection for the real economy, and offered more than RMB420 billion of financial support. Particularly, the Group provided risk protection of nearly RMB220 billion to approximately 18,000 micro and small enterprises; the Group offered agriculture risk protection of RMB35.3 billion, paid out claims of RMB150 million and benefited approximately 44,000 rural households; the Group provided risk protection of RMB60.2 billion for 331 “Belt and Road” projects, involving 67 countries in “Belt and Road” construction; the Group provided risk protection of approximately RMB32.6 billion for 406 sci-tech enterprises.In the meanwhile, the Group was contributing to the green transformation and the realisation of harmonious coexistence, and continued to enrich its green insurance product and service system. In the first half of 2024, the Group provided nearly RMB8 trillion of green insurance protection for 1.22 million enterprises and individuals and offered claims support of approximately RMB2.3 billion. The Group actively responded to climate change to enhance its climate resistance. At the same time, the Group continuously improved its sustainable investment framework and policies. As of the end of June 2024, the balance of sustainable investments nearly reached RMB55 billion, of which green investment exceeded RMB19 billion.In addition, the Group actively fulfilled its social responsibilities and participated in public the welfare. The Group gave full play to the advantages of the main business of insurance and medical resources, and actively organized and participated in various public the welfare activities in the fields of helping the student and helping the elderly. As of the end of June 2024, Sunshine Insurance built 74 “BoAi” schools in 24 provinces across the country and trained a total of 20,397 rural doctors through the “Plan to Promote Competence of 10,000 Rural Doctors”. The Group sincerely cared for employees and their families, with an accumulated amount of RMB540 million parent-supporting subsidies granted to a total of 44,182 employees.With its strong comprehensive strength and positive development momentum, on 16 August, Hang Seng Indexes Company announced its latest quarterly review results, and the Group was successfully included in the HSMSI. This change will be implemented after the market close on 6 September, 2024, and will take effect on 9 September, 2024. According to a research report by CICC, Sunshine Insurance Group is expected to be included in the Hong Kong Stock Connect due to its adherence to high standards and outstanding operating performance.Being included in the HSCI marks a significant milestone. On one hand, it represents market recognition of Sunshine Insurance’s performance and development potential, helping to enhance the Group’s visibility in the capital markets and insurance sector. On the other hand, based on its solid fundamentals, it will attract more investors to increase their allocation to the Group’s stock, thereby improving trading liquidity.In the second half of 2024, China will further deepen the reform through focusing on promoting a Chinese path to modernization and thoroughly explore domestic demand potential. Therefore, the economy is expected to show a sustained recovery and positive trend. In the long run, the general trend of long-term positive development of China’s economy has not changed, and the insurance industry is ushering in historic opportunities for high-quality development and will play an irreplaceable and important role.Looking ahead, the Group will adhere to its founding aspiration of “establishing a respected century-old enterprise” and maintain its focus on core business areas. The Group steadfastly promote the “New Sunshine Strategy”, align with national policy directions and industry development trends, and actively make efforts on the five aspects including scientific and technological finance, green finance, inclusive finance, elderly care finance and digital finance. By precisely serving national strategies, supporting the real economy, and ensuring social the well-being, the Group will efficiently leverage its professional insurance advantages. It will continuously enhance Sunshine’s core competitiveness, advance high-quality development, and achieve high-value growth, injecting wisdom and vitality into the creation of a grand blueprint for a strong financial nation and the high-quality development of the financial industry.— End —About Sunshine Insurance Group Company LimitedSunshine Insurance Group Company Limited is a fast-growing private insurance service group in China. Since its establishment, the Group has prioritized value creation as its core business, dedicated to providing clients with professional risk protection and comprehensive service solutions. The Group carries out life and health insurance business through Sunshine Life, property and casualty insurance business through Sunshine P&C, and manages insurance funds through Sunshine AMC. As of 30 June 2024, the Group has been ranked among the top 500 Chinese enterprises by the China Enterprise Confederation for 13 consecutive years, entitled as one of the “Top 500 Valuable Brands in China” by the World Brand Lab for 13 consecutive years, and is also one of the five insurance companies in China that have been recognized as the well-known trademark in China and selected by Brand Finance as one of “Top 100 Most Valuable Insurance Brands”. Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 中国环保行业龙头中国光大环境（集团）有限公司（257.HK）（下称“光大环境”或“公司”）日前发布2024年度上半年业绩（含附属公司），公司继续围绕固废、泛水和清洁能源三大领域，坚定实施“固本拓新”策略，进一步落实“轻重并举”多元业务布局，积极强化产业链延伸和协同业务发展，市场拓展突破连连，行业地位稳固。截至2024年6月30日，业务分布已拓展至国内26个省（市）、自治区及特别行政区，海外市场布局德国、波兰、越南和毛里求斯；投资落实的环保项目共600个，总投资额约人民币1,623亿元；新承接的轻资产项目和服务亦持续涵盖环境修复、垃圾分类、设计咨询、设备供货、技术服务等众多领域。服务国家战略，新增规模成绩亮眼2024年上半年，光大环境积极响应国家政策，落实多个投资项目及轻资产服务，坚持深耕并持续巩固于长江经济带、黄河流域、粤港澳大湾区等重大国家战略区域的业务布局，一系列深度融入国家战略的环保项目成功落地，不仅有助提升公司在国家战略区域的环境服务能力，更为区域经济的绿色转型贡献重要力量。业绩公告显示，2024年上半年，光大环境共落实8个投资项目，新增投资额约人民币16.11亿元，涉及污水处理、生物质综合利用、零碳园区建设、储能等领域；新增主要设计处理／供应规模包括市政污水处理规模20万立方米／日、生物质原材料7万吨／年、供热供汽26万吨／年、光伏发电及储能装机容量39.66兆瓦。坚定固本拓新，轻重业务更加平衡光大环境于上半年持续聚焦传统业务与新兴业务两大赛道，推动轻重资产业务协同发展。投资业务方面，光大环境布局新的地级市市场，旗下环保水务板块取得河南安阳市政污水处理中心一期工程项目，绿色环保板块投运了首个具有里程碑意义的智慧储能项目——广东广州广报经营分布式储能系统项目。轻资产业务方面，集团依托在工程建设、运营管理、技术工艺等方面的丰富经验，新承接各类轻资产业务，新增合同金额约人民币3.92亿元。旗下各业务板块的轻资产业务拓展进展良好，新增业务涵盖环境修复、技术咨询、工程咨询、设备供货等。其中，常州废弃锂电池回收与再利用项目成为江苏省首个电池回收全产业链示范项目。稳步推进新业务，多项目签约落地上半年，光大环境持续发力新业务领域，并取得稳步进展。公司依托现有零碳园区项目的相关业务经验，新签署3个零碳园区建设项目，包括江苏常州钟楼经济开发区零碳智慧园区建设运营项目及江苏涟水经济开发区零碳园区（临港）项目，助力“零碳园区+虚拟电厂+电力交易”发展模式的进一步探索。此外，广东广州广报经营分布式储能系统项目，标志着光大环境首个储能项目正式落地；公司还在安徽萧县成功落实其首个生物质气化项目，增加生物质综合利用的渠道，进一步拓宽生物质综合利用业务的业务范畴。积极“走出去”，审慎拓展海外业务版图光大环境在深耕国内市场的同时，积极践行“走出去”战略，放眼全球，拓展海外业务。公司紧抓“一带一路”沿线国家市场机会，成功在马来西亚、印度等地斩获多个设备供货类轻资产业务。今年以来，公司受邀出席越南总理与在越中资企业的座谈会、接待斐济总理前往公司旗下杭州垃圾发电项目参观交流、出席2024年澳门国际环保合作发展论坛及展览等，均显示出公司积极参与海外市场行业交流、寻求合作的积极态度与切实行动。光大环境相信，中国市场仍存在相当大的增长空间。管理层表示，环保行业持续从注重规模转向追求效率和高质量发展，公司未来将继续服务国家战略，顺应行业趋势，更加注重高质量发展，在深挖传统市场增量与潜力的同时，加快新业务发展转型与推广，并会密切留意海外拓展和并购机会。 Copyright 2024 亚太商讯 via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 继8月20日国美系上市公司“国美金融科技”（00628.HK）发布盈利预喜公告，宣布业绩大涨之后，8月28日，国美金融科技再发2则公告，宣布展开若干新业务线的收购，并计划将上市公司名称更名为“通通AI社交集团”。接连大招表明，国美金融科技正式向综合互联网平台业务进行战略升级，国美在互联网新兴产业领域正式落下关键一子。何为“通通”？国美系正迎全新数字生态上市公司新称“通通”，顾名思义能领悟到国美正在打造一个互联互通的多维互联网平台。当下，具备万亿级别市场空间的元宇宙、人工智能等相关技术及领域正持续赋能数字经济大背景下的Web3.0时代，推动着互联网新业态、新技术、新平台的升级变革。在瞬息万变的商业环境下，国美金融科技从金融服务业战略升级拥抱互联网、AI产业，有望迎来巨大的发展空间和商业机会。随着“通通AI社交集团”登场，国美在互联网新兴产业领域的相关布局正式步入公众视野。据悉，本次拟关联交易标的集团公司立衡公司旗下拥有多款互联网社交平台产品，该系列产品已陆续进入测试阶段，有望在春节前正式上线，目前公司正在充分征集各方意见并对产品性能作持续改进。与市面上主流互联网社交平台不同，“通通”的创新之处，在于该平台不仅是基于兴趣出发产生社交场景，而是以AI技术驱动社交工具并产生新的玩法，从而衍生出丰富的交易场景，通过“社交+商业”的商业模式，产生更多的交易机会，并让交易更方便。这一全新的社交模式，将会为用户和企业打造一个集新社交、新场景、新玩法于一体的数字生活新主场，促进社会新的繁荣。作为国美系在数字经济时代的一次重要布局，在国美原有的线上线下场景、金融科技技术、传统用户等资源能力基础的综合赋能下，“通通”如果打破传统互联网生态的界限，做到场景互通、流量互通和价值互通，在Web3.0所驱动下的数字未来生活中打通社交与商业的链接，这一创新模式，将打造一个属于国美系的全新数字生态。互联网新兴领域投资初获捷报，新收购业务助力业绩盈喜如今国美金融科技正式宣布收购，公司名称同步计划从“国美金融科技”变身“通通AI社交”，均彰显了国美对旗下潜心孵化的业务进行整合的力度和决心。事实上，国美金融科技迈向互联网新兴领域的多元化投资及战略升级布局已拉开序幕并初获成效。此前，国美金融科技宣布收购手机游戏开发及发行公司CashBox集团，并在项目发布会上表示，对CashBox的收购旨在积极探索多元化投资发展路径，提升公司投资收益水平，助力公司实施新型战略发展。截至目前，国美金融科技市值相较于去年10月份宣布收购业务前几近翻倍。诚然，市值上涨并非上市公司的“表象”。据公开文件显示，CashBox2023年业绩达到2.3亿元，较2022年增长了300%，该成绩超过了国美金融科技在收购前全年业绩水平的3倍之多。2024年8月20日，国美金融科技发布正面盈利预告，2024年上半年公司业绩继续大涨。值得注意的是，国美金融科技2024年6月21日刚完成发行新股并合并CashBox的财务数字。截止6月30日，完成收购CashBox才短短数日，CashBox的经营业绩尚未体现在上半年业绩数据中。下半年，随着CashBox的经营业绩数据完整并入上市公司，全年业绩的提升幅度将颇具想象空间。CashBox的成功背后，或是游戏行业旺盛发展态势的现象之一。近日游戏行业另一重磅信息，即8月20日国产游戏大作《黑神话：悟空》正式发售，一经上线便强势登顶各大热搜平台榜首。当日，该游戏的巨大热潮同样破圈“引爆”资本市场游戏、传媒板块等相关概念股，正在掀起行业又一轮的科技热浪。此番利好事项不断，对正在积极寻求新型战略发展的国美而言，无异于一针强心剂。“通通”明牌，揭幕国美战略新未来随着“通通”正式面世，一场关于未来社交与商业融合的变革已经悄然拉开序幕，国美战略升级大局中的更多细节将逐步明晰。从宣布收购CashBox并实现互联网战略升级的“首战”告捷，到本次国美金融科技的连番战略并购动作，以及上市公司名称的更改，皆映射着国美对时代和行业机会把握的缩影，其背后的专业团队积极求变打造创新性生态产品以拥抱未来新兴产业赛道的决心可见一斑。穿越传统商业模式勇敢迈向第三代互联网的时代浪潮，国美走的每一步都彰显着其力求战略新发展的雄心壮志。随着公司及其控股股东在互联网金融领域积累的丰富技术、品牌声誉和供应链优势，国美实现围绕“社交+商业”生态的综合互联网平台业务的战略升级这一目标已然计日程功。国美金融科技此番动作能否带来更多产品、业务上的亮点，瞄准互联网新兴领域的国美是否能够在综合互联网平台业务上抢占一席之地，其想象空间之广阔仍值得期待。 Copyright 2024 亚太商讯 via SeaPRwire.com.