Building a Service Ecosystem

In recent years, New China Life Insurance has vigorously expanded its pension finance布局.

As of June 30, 2025, New China Life Insurance's investment balance in pension and health industry development reached RMB 16.1 billion, a year-on-year increase of 290%; the second and third pillar businesses grew steadily, with enterprise and occupational pension management规模 of RMB 37.89 billion in the first half of the year, up 12.33% year-on-year; commercial annuity insurance累计 achieved RMB 11 billion, a year-on-year increase of 200%.

Currently, New China Life Insurance has established 40 high-quality wellness communities in 28 cities across China, continuously deepening its national "East-West-South-North-Central" strategic layout; its relocation product line has 36 premium relocation projects in 31 cities nationwide, providing integrated services of "health + residence + relocation + wellness" for the elderly.

Qin Hongbo, Vice President of New China Life Insurance, stated that the company always prioritizes the construction of its medical-wellness system. To date, nearly 15,000 customers have obtained residency rights in wellness communities, driving nearly RMB 20 billion in due premiums, with an additional 240,000 customers acquiring relocation rights. In terms of medical health, as of the first half of 2025, New China Life Insurance has connected with nearly 100 high-quality medical resources domestically and internationally.

Qin Hongbo emphasized that New China Life Insurance will focus on building a national "wellness alliance" layout; continue to deepen the integration of insurance products and health services, and establish a comprehensive New China Health Steward with extensive coverage and a complete range of services.

Yang Yucheng pointed out that over the past two years, New China Life Insurance has thoroughly practiced the "macro insurance perspective," adhering to a path of value growth, structural optimization, and quality improvement through connotative and high-quality development. The company has implemented a整套组合拳 to build a framework system supporting long-term development, focusing more on its main life insurance responsibilities and persisting in doing difficult yet right things.