Q3 2023 China Pacific Insurance Group Co Ltd Earnings Call (Chinese, English) Transcript

Oct 30, 2023 / 08:30AM GMT

Release Date Price: $2.38

Transcript

Shaojun Su;Group;Co.

China Pacific Insurance;Ltd. - Joint Company Secretary

() -

Good afternoon, everyone. I'm Su Shaojun, CPIC, Group Board Secretary. Welcome to this presentation. We have with us Group President, Mr. Fu Fan; Group CFO and Chief Actuary, Mr. Zhang Yuanhan; and the Group Chief Investment Officer, Mr. Su Gang; and CPIC P&C General Manager, (inaudible). First, Mr. Fu will give us a presentation on the current performance of the first 3 quarters. Let's give the floor to Mr. Fu.

Fan Fu;Group;Co.

China Pacific Insurance;Ltd. - President & Executive Director

() -

Good afternoon, everyone. First of all, I will give you a presentation on the performance in the first 3 quarters. We remain committed to pursuing high-quality growth and enhancing value creation so as to drive business development and strategy. In first 3 quarters, our revenue was RMB 204.8 billion, up 7.4% year-on-year. Among them, CCIP Life produced RMB 63.9 billion, down 5.2% year-on-year. CPIC P

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