At the 2026 Shanghai-listed companies' collective investor reception and interim results briefing held today, CPIC's investor relations management team member Chen Rong addressed shareholder queries, stating that under the new accounting standards, insurers' net profits are significantly influenced by capital market volatility. In contrast, operating profit, which excludes short-term market fluctuations, more accurately reflects the long-term operational efficiency of insurance companies and offers greater predictability.
Consequently, China Pacific Insurance (Group) Co., Ltd. will primarily reference operating profit when determining interim and year-end dividends, while also considering overall profitability, capital position, and development needs to reasonably balance the payout ratio between the two periods.